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beyond MD with Dr. Yatin Chadha
beyond MD bridges the gap between medical training and financial literacy.
Led by mid-career Canadian radiologist, Yatin Chadha, beyond MD empowers practicing physicians, medical trainees, and other professionals to build confidence and clarity around money.
Episodes feature interviews with subject experts to help listeners gain knowledge around topics like professional corporations, investing, insurance, pensions, real estate, trusts, and estate planning.
Yatin also frequently interviews his own colleagues to shed light on valuable life and money lessons learned over time.
Tune in to beyond MD (episodes are bi-weekly) to build your financial acumen and live your best life today.
beyond MD with Dr. Yatin Chadha
Real Estate Investing - a Physician's perspective
Yatin Chadha hosts Dr. Kevin Mailo, an Emergency physician from Edmonton, AB and co-founder of Physician Empowerment.
Physician Empowerment is a physician-led venture helping other physicians with burnout, practice management, and financial literacy. Check their website for upcoming courses (with CME): https://www.physempowerment.ca
Kevin has abundant experience in direct ownership of real estate and provides his insights on real estate investing.
Discussion points:
- introduction, Physician Empowerment (3:56)
- tackling $300000 of student debt (9:18)
- Kevin's summary of his real estate investments (12:25)
- real estate: active vs passive (16:35)
- finding tenants (26:17)
- using a holding company (29:55)
- evaluating real estate through the numbers (35:30)
- tax efficiency (44:38)
- what about downturns? (45:18)
- mistakes (51:02)
- variable vs fixed rates on your rental property (52:45)
- advice (53:55)
Kevin Mailo can be reached at kmail@physempowerment.ca