In this chat with Dr Annalyse Crane, we explore journey from PE teacher to studying medicine. Work ethic, taking calculated investment risks, juggling work with kids is just a typical day for her! Topics discussed include:➢first job $5/hr➢what sparked change from teacher to study medicine➢buying first property at 21 years old➢having a spouse who shares same values (including financial)➢medical intern, whilst raising young kids!➢special interest in aviation medicineConnect with Annalyse at:(2) Annalyse Crane | LinkedInMusic Credit: Bass Nation.New episode every fortnight.Send in your questions to: passiveincomedoctors[AT]gmail.comIf you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos
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45:31
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45:31
Property development or not? with Scott Yip, Mortgage broker
Today we chat with Scott Yip, banker turned mortage broker. With 15 years experience with lending, he shares how lending has changed over the years.➢funny story how he accidentally fell into banking career.➢different between active and passive property investing➢self-development- property courses➢property development site for townhouses- issues such as hydraulics, then council rules changed making the development fall flat!"➢thoughts about "unlimited borrowing power"➢differences between lending for residential and commercial propertyFind out more about Scott at:Yippee Finance | Mortgage Brokers Near Me | Free 45 min consultationMusic Credit: Bass Nation.New episode every fortnight.Send in your questions to: passiveincomedoctors[AT]gmail.comIf you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos
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55:08
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55:08
The downsides of property investing
Can you actually lose with property investing in Australia? seems everyone talks about the positives and the big wins, but often downsides are not talked about. In this episode, I'm going to shed some light- so you make an informed decision.Some disadvantages include:1.large lumpsum to get started2.property is illiquid3.maintenance!4.bad property managers5.rising costs (insurance, rates, land tax etc)6.paperwork!7.negative cashflow (in most cases)8. can buy the wrong propertyOther episodes:Buying my first property at 23 years oldHow a couple built a 40 property portfolio in AustraliaMusic Credit: Bass Nation.New episode every fortnight.Send in your questions to: passiveincomedoctors[AT]gmail.comIf you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos
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17:12
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17:12
Setting goals for new financial year
How do I as an early 30s GP in Australia, set goals. In this episode, we talk about financial, professional and personal goals. SMART goals.We talk about 50/30/20 rule for high income earners.Avoiding lifestyle creep- easier said than done often.Other things to consider: super contributions, review personal insurances, setting a budget.Other episodes of interst:Money Management Part 1 (Budgeting, Buckets, and Credit Card Hacks)Income protection Explained (chat with advisor Jason Hugo)Music Credit: Bass Nation.New episode every fortnight.Send in your questions to: passiveincomedoctors[AT]gmail.comIf you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos
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20:12
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20:12
Dev Raga personal story (Frugality, surgery to GP, net worth target)
In this episode, we go behind the scenes with another doctor podcaster- Dev Raga. Long episode, where Dev shares some real gems, taking us behind the scenes- from a particular moment in David Jones as a kid, to medical school, to mastering the 3A's as a surgical trainee, to then GP. He also reveals how much he earns in a year, and also net worth target.He also shares some insights from his many episodes and also interviewing and chatting with numerous doctors- what are the similarities? Hint: some earn lots and never get started with investing.Music Credit: Bass Nation.New episode every fortnight.Send in your questions to: passiveincomedoctors[AT]gmail.comIf you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos
Join Dr Dan, an Australian doctor who is on a mission to improve financial health for doctors and healthcare professionals. Interviewing money experts, doctors turned entrepreneurs, and documenting his own journey to passive income.
Australia