#25 - Financial Freedom Through Multiple Streams of Income - Dr. Brook Choulet, MD (Choulet Wellness)

In this podcast episode, we interview Dr. Brook Choulet, MD of Choulet Wellness. Dr. Choulet has achieved financial freedom through multiple streams of income. We discuss real estate licensure, differences between being a real estate agent vs. investor, the types of income generated, and the tax implications. We then discuss concierge psychiatry, tele-psychiatry, home visits, and building a practice during fellowship. Fantastic interview.   Bio: Brook Choulet MD, is a concierge psychiatrist, physician coach, real estate investor, entrepreneur, and speaker. Dr. Choulet is also the founder of Choulet Wellness in Scottsdale, Arizona. Dr. Choulet was raised in San Diego, California, and graduated from La Jolla Country Day School. She completed a Bachelor’s Degree in Liberal Arts and her medical degree at the University of Missouri Kansas City’s rigorous six year BA/MD program. She obtained her medical degree at the age of 24 and pursued training in General Psychiatry at the University of Arizona College of Medicine Phoenix. Dr. Choulet continued her training in Child and Adolescent Psychiatry through Creighton University’s fellowship program in Phoenix, Arizona. She is currently in her last year of the program and had the honor of being nominated as Vice Chief Fellow. Following in the footsteps of her mother and grandfather, she will be a third-generation adult, child and adolescent psychiatrist.  Aside from her career as a psychiatrist, Dr. Choulet has a passion for helping other physicians identify their career goals and grow their practices. She built her business during her residency training and began to expand and hire other practitioners while still in fellowship. Dr. Choulet sees adults and adolescents currently in her private practice, Choulet Wellness, and focuses on using a combination of medication management and therapy utilizing a modern approach to mental health care. The concierge services include house visits and after hours phone/text availability. Choulet Wellness is currently located in Scottsdale, AZ and will be expanding into Paradise Valley, AZ in the fall of 2021. Dr. Choulet also obtained her Arizona real estate license and is an active investor.  She can be reached at: www.chouletwellness.com and IG @chouletwellness This week's show is sponsored by The Scope of Practice Marriage and Money MD Summit happening November 15-17, where you will hear form 18+ different physician speakers discuss money, finances, and marriage and strategies for strengthening each pillar. It is completely free to sign up with optional VIP upgrades and bonuses.