Investing For Doctors Podcast

If You Already Own Property, This Is the Next Level Most Doctors Miss | Ep. 60

Investing4Doctors Season 1 Episode 60

Join 29,000+ doctors and dentists in the 'Investing for Doctors' Facebook group: https://facebook.com/groups/investingfordoctors 


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In this episode of Investing for Doctors, we welcome back Rich Harvey, CEO and Founder of PROPERTYBUYER to take the conversation beyond buy and hold and into the value-add strategies most doctors never hear about. Building on our previous discussion around leverage and portfolio structure, we unpack why many high-income professionals stop too early with property, not because of risk tolerance or lack of opportunity, but because they are unclear on what is realistically possible without becoming a full-time developer.

Rich walks through practical, lower-risk ways doctors can manufacture equity and accelerate passive income, including cosmetic renovations, granny flats, knock-down rebuilds, and passive development strategies. We also explore realistic return benchmarks, risks to avoid, hidden tax considerations, and how doctors can scale safely when time is limited and managing tradies or approvals is not an option. This episode is designed for doctors who already own property and want a clearer framework for what comes next, without chasing hype or overcomplicating their strategy.



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TIME STAMPS:


00:00 Intro/Hook

01:31 Rich Introduction

02:43 Advise for people doing value-adding or development activities

03:43 Why do value adding?

05:26 Process of Renovations

10:21 Managing Renovations

11:21 Cosmetic Renovations and Risk Management

14:49 Granny Flats and Structural Renovations

20:03 Knockdown and Rebuild Strategies

30:36 Passive Development and Joint Ventures

34:11 Rooming Houses and High-Yield Investments

36:59 Legislative Challenges and Opportunities

37:43 Syndicated Investment and Group Participation

46:23 Conclusion/Outro



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SHOW NOTES LINKS


https://ifdgroup.com.au/ 


https://doctorbi.com.au/ 

https://au.linkedin.com/in/mian-bi


https://www.propertybuyer.com.au/

https://www.linkedin.com/in/sydney-buyers-agent



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LISTEN TO THE PODCAST

Spotify: https://open.spotify.com/show/07DS5AxlbgmkuvP6zQGgtN 

Apple Podcasts: https://podcasts.apple.com/au/podcast/investing-for-doctors-podcast/id1775535608 

Amazon Music: https://music.amazon.com/podcasts/b9de46bc-e29d-4402-9e9e-959a3a5dc8da/investing-for-doctors-podcast 


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FIND US HERE

Website: https://ifdgroup.com.au/ 

Facebook Group: https://www.facebook.com/groups/investingfordoctors 

Facebook Page: https://www.facebook.com/investingfordoctors 


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DISCLAIMER

The information provided in this podcast is for general purposes only and should not be considered personal advice. Always consult with qualified professionals or experts in the relevant field for personalised advice tailored to your specific situation.