Dr. Alex Tam - Overpaid IRS $87,000  Through Passive REI

Entrepreneur, Real Estate Investor, Husband, Father, Doctor of Chiropractic, and Clinical Director of Integrative Medical Practice with over 15 years of experience.  Alex built his career as a chiropractor and then as clinical director at a successful Integrative medicine clinic and has gone on to authored a book “The Truth About Chronic Pain” and has helped many with whom mainstream medicine has failed. As much as he loved his job, it took much time away from his family and he began feeling like he was trapped in his job working over 60 plus hours a week and feeling like he is just barely treading water.  The quest for more time and freedom led him to real estate investing and learn how to work more efficiently through delegation. He is now dedicating time to helping entrepreneurs, especially doctors and small business owners like himself, learn how to grow their businesses and wisely invest their earnings to build generational wealth for their families.  HIGHLIGHTS IN THIS EPISODE: 00:00 - Intro 01:45 - Dr. Alex’s Background 05:03 - Impact Equity LLC 05:31 - Growth Mindset 06:50 - Why Multifamily 07:47 - Tax Benefits as a Real Estate Professional 13:05 - Cashflow vs Appreciation 15:15 - Work Optional / Financial Freedom 17:08 - Mindset 19:37 - Dr. Alex’s Investment Strategy 22:20 - Mastermind 24:56 - Due Diligence, Underwriting, and Vetting Operators 26:28 - Current Multifamily Market 31:58 - Bucket List  CONNECT WITH OUR GUEST: Website: https://zephyrequitygroup.com/ Phone Number: 775-717-0090 CONNECT WITH OUR HOST: Connect with our host, Randy Smith, for more educational content or to discuss investment opportunities in the real estate syndication space at www.impactequity.net, https://www.linkedin.com/in/randallsmith or on Instagram at @randysmithinvestor ---------------------------------------------------------------------------------------------------------------------------- Follow us on social media @the.gentle.art.of.crushing.it Listen, like, subscribe, comment: http://thegentleartofcrushingit.com/