EP 82 - Buying 200M Worth of Real Estate in 16 Months with Pranay Parikh

What did you think of todays show??Today’s guest, Dr. Pranay Parikh, has bought $200 million worth of real estate in the past 16 months. Yes, you read that right!We’re talking to Pranay about how he achieved his goal of passive income through real estate, and built a team of investors called Ascent Equity Group. Physicians have high-stress jobs that take up a lot of their time, which is why many experience burnout. This is one reason Pranay went into real estate investing, and why he’s helping other physicians build more wealth so they can also work less and avoid burnout.Pranay works with various specialists, and he’s sharing the lessons he’s learned from making these connections. You’ll hear some of his mistakes and successes, and learn the importance of hiring the right people. For instance, hiring a top lawyer has been key to navigating the complicated legalities of raising funds.Tune in to hear Pranay’s story from doctor to commercial real estate investor, and get a glimpse of what entrepreneurship is really like!Topics discussed in this episode:Pranay describes his journey from doctor to real estateMike explains syndication and JV partnershipsWhat power does Pranay have in his partnership deals?How their process differs from typical capital allocatorsMaking connections and building trustEvolving business and hiring asset managersThe legality of raising funds in CaliforniaComparing 506b to 506cAdvertising and building an audiencePranay on current deals and projectsAdvice to find and attract investorsHelping physicians with his podcast, From MD to Entrepreneur with Dr. Pranay ParikhFind more information about Pranay and his investment group, Passive Income for Physicians | Ascent Equity Group: https://ascentequitygroup.com/Check out Pranay’s podcast, From MD to Entrepreneur with Dr. Pranay Parikh, on Spotify or Apple Podcasts!Connect with Pranay:FacebookLinkedInEmailIf you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:collectingkeyspodcast.cominstagram.com/collectingkeyspodcastInstantinvestorprogram.cominstagram.com/mike_investsinstagram.com/investormandan