The Dentist Freedom Blueprint Podcast

Preserve Wealth in Economic Downturns - Freedom FoundersToday, we’re diving into some niche real estate markets, then broadening out to the general real estate market and the overall economy. I spoke with Austin Hair, a former professional wakeboarder who is now a real estate operator and managing partner of Leaders Real Estate.

In this episode, we discuss how Austin uses demographic and competition analysis, particularly in the healthcare sector, to look for acquisitions and opportunities for both healthcare providers looking for new locations and investors. Listen in to learn why healthcare real estate is a resilient investment class, the benefits of long-term asset holding, wedding venues as a niche opportunity, mitigating risks via relationships, and the potential for a recession soon.

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Minute Markers:

  • 03:21 – Austin’s transition from Wakeboarder to Entrepreneur to Real Estate Operator
  • 06:57 – How to use demographics and competition data to find new business locations
  • 10:19 – Why Austin focuses on multi-tenant properties.
  • 14:12 – What kinds of business owners benefit the most from Austin’s acquisition analysis.
  • 16:18 – The real estate market ahead and how much the economy and interest rates actually affect investors.
  • 23:59 – Pursuing opportunity while mitigating downside risk.
  • 25:00 – Wedding venues as a niche real estate asset.
  • 27:30 – How Austin works with investors and his favorite asset holding period.
  • 29:46 – Don’t do all the investment or business research yourself.
  • 30:56 – Recession potential – How much risk should you take today?

If you like this episode, here are more episodes we think you’ll enjoy:

  1. Ep #514 – Kim Kiyosaki – How to Think For Yourself and Learn
  2. Ep #512 – Andrew McDannels – Protecting Your Wealth – Fiat Currency, Tangible Assets, and Commodities
  3. Ep #509 – Matt Larson – Success Requires Risk and Courage – An Entrepreneur and Real Estate Investor Mindset

Featured on the Show:

#realestate #healthcare #dentalpractice #investing #realestatemarket #recession #economy #demographics #competition #data

Watch full-length Interviews on video!

Watch full-length interviews on David’s YouTube channel by going to www.DentistFreedomBlueprint.com/YouTube. Don’t forget to subscribe to David’s YouTube Channel for more content on maximizing your business, wealth, and creating a financial blueprint to reach your Freedom faster!

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P.S. Whenever you’re ready, here are some other ways I can help fast-track you to your Freedom goal (you’re closer than you think):

1. Schedule a Call with My Team:

If you’d like to replace your active practice income with passive investment income within 2-3 years, and you have at least 1M in available capital (can include residential/practice equity or practice sale), then schedule a call with my team. If it looks like there is a mutual fit, you’ll have the opportunity to attend one of our upcoming member events as a guest.

2. Become a Full-Cycle Investor:

There are many self-proclaimed genius investors today who think everything they touch turns to gold. But they’re about to learn the hard way what others have gained through “expensive” experience. I’m offering a free report on how to become a full-cycle investor, who knows how to preserve and grow capital in Up and Down markets. Will you be prepared when the inevitable recession hits? Get your free report here.

3. Get Your Free Retirement Scorecard:

Benchmark your retirement and wealth-building against hundreds of other practice professionals, and get personalized feedback on your biggest opportunities and leverage points. Click here to take the 3 minute assessment and get your scorecard.

Want to know more about David and schedule him as a speaker or podcast guest? Go to doctorphelps.com to book David now.

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