Real Estate Investing

I Hit a Patient – Commercial Multifamily Real Estate Investing Lessons

By August 12, 2015April 8th, 2019No Comments

I hit a patient.

He had it coming.

And, I’d do it again if I had to.

In fact, the investment lessons in hitting this guy have set me free financially (and yes, they can do the same for you too).

Anyway, here’s what happened?

I had just sat down to drain a paronychia when I heard the nurse yell my name. Pulling back the curtain, I saw an unresponsive guy in ventricular fibrillation on the monitor.

Unfortunately, the defibrillator was nowhere in sight. As the nurse went to fetch it, I improvised.

A loud thud filled the ER as I hit him as hard as I could over the sternum. You should have seen the scribe’s face when I did it. He thought I had just assaulted the guy.

Despite my efforts, the precordial thump didn’t work and what seemed like an eternity passed while I waited for the right tool for the job.

With a jolt of electricity from the defibrillator, his lifeless body convulsed, his rhythm converted, and he suddenly awoke wondering what had happened.

Improvisation is something we all have to do in a crisis when we don’t have the right tool at our disposal. This guy would be six feet under today if my only option had been that thump. Far too many doctors invest only in stock market based paper assets thinking those are their only option.

Could you imagine a handyman with a toolbox that only contained a hammer? What if he needed a screwdriver?

In reality, their toolboxes carry a variety of tools; you could say that they are well diversified. Can you say the same about your portfolio?

I speak to doctors all the time who are wisely looking to diversify a portion of their portfolio outside of the stock market. They know that investing solely in paper assets like stocks and mutual funds is risky business. They lived through 2008 and 2009. They saw the value of their portfolio precipitously plummet.

Even worse, we all know colleagues who had to delay their retirements for years after they had intended because they were too heavily invested in highly volatile stock market based paper assets (have you been following China’s stock market?).

Unfortunately, to remedy this situation, some have sought refuge in even riskier investments like business, venture capital, day trading, and various other speculative ventures.

What saved my portfolio and allowed me to feast in times of famine was direct fractional investing in commercial multifamily real estate.

Multifamily real estate has the best risk adjusted returns (Sharpe ratio) of all the real estate classes as well as the major stock market indexes over the last 30 years. It provides highly tax advantaged multisource income and is an excellent hedge against inflation.

With its low correlation to the stock market and low volatility, commercial multifamily real estate adds excellent diversification to a portfolio jam packed with paper assets.

Isn’t it time you considered adding commercial multifamily real estate to your toolbox?

I have made it my mission to provide the right tool for the job. I help medical professionals jolt their portfolio back to life by providing education and opportunities to own commercial multifamily real estate without having to become a landlord.

If you’d like to learn more about diversifying into this time-tested asset class, contact me today.

Want to learn more?

Download your free copy of Evidence Based Investing and learn why it’s a preferred asset class.

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Dennis Bethel

Dennis Bethel

After 18 years of working in the trenches of a broken health care system, Dennis Bethel, M.D. extricated himself from medicine utilizing the power of passive income from real estate. Now he helps others conquer their number one financial fear, cut their biggest expense, and tame the greatest threat to their careers.

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