5 Reasons Doctors Prefer Passive Real Estate Investing

Based on our past Passive Income Docs Facebook group poll findings of thousands of physicians, when we posted the question, “Do you prefer to invest in Active or Passive real estate?,” we’ve found that roughly 25% of physicians prefer directly owning rental properties (active) while the remaining 75% prefer investing in other people’s deals (passive).

I’m more inclined toward passive deals similar to the majority of physicians who took part in our poll. Want to know why? Here are a few reasons why doctors prefer passive investing…

Reasons Doctors Prefer Passive Real Estate Investing

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This is the major reason right up front. While there are many ways to create additional income using a wide range of investment vehicles, as doctors, our most limited resource is time. We’re busy with our day jobs and when we go home, we want to spend time with our families.

Time

Do we want to use our “free” time to research, vet, manage teams and tenants, strategize, etc? Or do we want to enjoy our time and let someone else do the work? Passive investing allows you to do what you do best (being a doctor) while still building up income streams to give you the freedom to do what you love (whatever you want).

It probably took you at least a decade to become an expert in your field. It also required a good deal of effort, experience, and trial-and-error. The same is true with real estate investing.

Leverage Other People’s Knowledge & Expertise

The good thing is you don’t need to spend another decade learning the ins and outs of real estate to become a successful investor. You can leverage others who do this for a living and know their way around the industry.

It’s true; nothing in this world is for free. You have to pay to have someone working for you to create income. However, after putting in a bit of your time and effort upfront to do the proper due diligence, the rest of your passive investing experience consists of reading updates, checking for deposits, and handing off tax forms to your accountant.

It’s Truly Hands Off

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