Episode 81 - The Passive Income Physician

Thomas & Timothy Black are brothers and principals at Napali Capital, LLC.   Napali Capital acquires and operates Class B & C apartments. Tim recently retired as the chief operating officer for GREAT WOLF LODGE corporation.  Tom is currently an EMERGENCY ROOM DOCTOR that also helps physicians and other high-income professional overcome career crisis by teaching them how to expand their personal net worth through passive income real estate.  What a combination! These brothers have something going for themselves.   Why should doctors look into investing in commercial real estate?  Tom reflects on the high rate of burn out with critical care professionals.  In the last three years…6 in 10 emergency room doctors are burned out with the excessive amount of hours worked, government intervention, lawsuits, patient satisfaction and declining insurance reimbursement.  Tom acknowledges that physicians have high income, but they have limited personal net worth. Typically, physicians are not financially savvy due to the time that is needed to learn and master their medical craft. What medical school fails to teach doctors, Dr. Black educates. Tom's newly released book is called "The Passive Income Physician."  Tom shares a memoir/ guidebook that helps high-income professionals understand how passive income through commercial real estate investing can help buy back your freedom. The book has a very "Rich Dad / Poor Dad" theme.  Contact Tom & Tim Black at http://freedomintheblack.com/author/tomblack/  "The Passive Income Physician" is at https://www.amazon.com/Passive-Income-Physician-Surviving-Expanding/dp/0692827404  To receive our FREE 15 page WHITE PAPER REPORT on the 2017 FUNDAMENTALS OF MULTIFAMILY FINANCING 101 and to learn more about upcoming events at Old Capital Speaker Series please visit us at OldCapitalPodcast.com Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn about Michael's Real Estate Syndication business with SPI Advisory LLC