Will Rogers once said, "Real estate is the best investment in the world because it is the only thing they're not making anymore." Real estate investment has been proven the safest investment in the world since it cannot be lost, stolen, or...
Will Rogers once said, "Real estate is the best investment in the world because it is the only thing they're not making anymore."
Real estate investment has been proven the safest investment in the world since it cannot be lost, stolen, or carried away. It provides the highest returns, outstanding values, and risk lower than any other investments. It is an imperishable asset, ever increasing in value. However, with a background, entering the real estate market might be more manageable. Even though it doesn't require as much formal education as other careers, we still need particular learnings to thrive in this field.
The world is currently seeing the highest pace of inflation in decades. Thus, saving your hard-earned income in a bank can be riskier than investing it and making your money work for you. We must be educated and learn as much as possible to purchase with common sense, diversify our assets, earn passive income, hedge against inflation, and manage with reasonable care.
Dr. Ronnie Shalev is a mother, wife, physician, serial entrepreneur, real estate owner, founder, and co-owner of Sherwin Properties. She is a board-certified ER doctor whose demanding career has sapped all of her energy, leaving her exhausted, burned out, and unable to enjoy her family, children, and daily life. Because she made great money, she felt bound by the "golden handcuffs" and saw no end. Through passive real estate investing, she was able to quit her grueling emergency room job and move into a less-demanding role at a medical device company. Dr. Ronnie is now assisting people in generating passive income so that they may spend their time as they like and no longer feel constrained by their jobs.
In this special episode with Dr. Ronnie Shalev, we'll learn more about real estate investing and how we can earn passive income through apartment investing. She seeks to help professionals be free to do what they want with their time and not be held captive by their jobs because she's been there, and she understands how exhausting it can be.
"They somehow brainwash us and say, we're doctors, and we only take care of patients, we don't know the business, so we shouldn't be worrying about it." – Dr. Ronnie Shalev
(00:00:00) Introduction + Episode Snippet
(00:00:33) Introducing our special guest, Dr. Ronnie Shalev
(00:01:00) Advertisement: Obtain financial freedom with passive income! TimeOut with the SportsDr. teams up with Dr. Ronnie Shalev of Shalwin Properties to discuss things finance! Join Dr. Shalev's webinar or set up a 1-on-1 call; go to https://www.drderrickthesportsdr.com/sponsors.
(00:02:02) Why did Dr. Ronnie shift from ER doctor to real estate owner and investor?
(00:03:31) The stressful situation of an ER doctor
(00:05:05) What limiting beliefs Dr. Ronnie has to overcome
(00:06:36) Savers are losers: Why is it better to invest than to save in a time of high inflation?
(00:08:25) How does real estate investment make sense with high inflation?
(00:10:05) Difference between investing from a residential side and commercial real estate
(00:11:51) Advertisement: Sabre Bats, the training bat that will take you to your next swing. Go to https://www.sabrebats.net to know more.
(00:12:35) How to start investing in real estate: You don't have to have much money.
(00:13:44) Different types of investments: Accredited investors and Sophisticated investors
(00:15:45) Tax benefits of owning or investing in real estate
(00:17:14) Depreciation is not a bad thing in real estate investment
(00:17:45) Learning at bite sides
(00:18:38) Real estate investing has a different type of education
(00:19:14) How to connect with Dr. Ronnie Shalev
"Getting into real estate can be a daunting task when you have zero knowledge." – Dr. Ronnie Shalev
"Today, we are experiencing the highest inflation in decades. So right now, if you're a saver, you're doing something riskier than putting it into an investment." – Dr. Ronnie Shalev
"Apartments are a great hedge against inflation." – Dr. Ronnie Shalev
"It's interesting how commercial investment that was considered safe 10-15 years ago is not safe anymore." – Dr. Ronnie Shalev
"You don't have to have a lot of money to start investing in real estate, but you have to have 50 to a hundred thousand dollars to get access to institutional size deals." – Dr. Ronnie Shalev
"It doesn't mean that your property is not worth anything, but depreciation is something that allows you to take away from your W2 income or for the gains that you might have made when you sold a property." – Dr. Derrick Burgess
"Most people don't have degrees in real estate investing. It's not like in the medical field, where we are educated and learning how to do things with formal education. It requires a different type of education." – Dr. Ronnie Shalev
"People think when you invest passively, you can bring your money, but it doesn't mean you don't have to do any work or research. It would help if you still were researching the properties that you're investing in." – Dr. Derrick Burgess
"There are scary times that we're going through now from a financial standpoint, but there are no signs that it's going to get better because it's going to get worse before it gets better." – Dr. Derrick Burgess
Saving money is a great habit, but without investing, it just sleeps. We help busy professionals passively invest in apartments and earn passive income so they can claim back their time.
Connect with Dr. Ronnie Shalev:
Connect with Dr. Derrick Burgess:
This episode of TimeOut with the SportsDr. is produced by Podcast VAs Philippines - the team that helps podcasters effectively launch and manage their podcasts, so we don't have to. Record, share, and repeat! Podcast VAs PH gives me back my time so that I can focus on the core functions of my business. Need expert help with your podcast? Go to www.podcastvasph.com.
Dr. Shalev is a double board-certified Physician Executive with a background in corporate, clinical (16 years in emergency medicine), and research environments. With expertise in Quality, Healthcare Technology, Utilization Review, Case Management, and Medical Affairs. She promotes a culture of accountability and continuous improvement. She has excellent training, analysis, and communication skills and is a proactive, solutions-oriented leader. Based on her diverse therapeutic expertise, I’m able to effectively partner with a wide array of thought leaders and healthcare professionals.
She honed her business savvy by providing medical/clinical input to guide product design and business development strategies. I’ve productively collaborated with sales, marketing, and product development teams to drive client engagement and revenue growth. She has authored and published over 50 promotional documents to educate employers, consumers, and healthcare providers. I’m accustomed to evaluating complex situations in dynamic environments with limited data.
•. Medical Affairs
• Quality Review
•. Good Clinical Practices (GCP)
• Evidence-Based Medicine
• Value-Based Healthcare
• Standard Of Care
• HIPAA Compliance
• Adverse Event Reporting
• Promotional Materials Review
• Product Development
• Product Life Cycle Evolution
• Disease Management