Why Residential Assisted Living is The Future With Dr. M. Craig Moffett
Manage episode 453581510 series 3501419
Welcome back to another episode of the Physicians and Properties Podcast! đď¸ Today, Dr. Alex Schloe dives into an incredible conversation with Dr. Craig Moffett, a family medicine physician from rural Mississippi whoâs making waves in both healthcare and real estate.
Dr. Moffettâs career is nothing short of inspiringâhe balances his work in the clinic, hospital, ER, and long-term care facilities while also serving as the director for three nursing homes. But thatâs not allâDr. Moffett has built an impressive portfolio of 11 properties over the past six years, including a residential assisted living (RAL) home.
In this episode, Dr. Moffett shares his journey, from starting in real estate to managing a thriving RAL business, and provides actionable advice for physicians looking to enter the world of real estate investing. If youâre curious about how doctors can successfully manage care homes and build passive income streams, this episode is packed with insights you wonât want to miss!
What Youâll Learn:
â Balancing Medicine and Real Estate: How Dr. Moffett juggles his busy medical career and a thriving real estate portfolio.
â Residential Assisted Living Insights: Why RAL homes are a fantastic investment opportunity and how physicians can provide exceptional care while generating income.
â Building a Network: Tips for finding like-minded individuals to partner with in real estate ventures.
â Lessons from 11 Properties: Dr. Moffettâs biggest takeaways from six years of real estate investing.
â Physicians in Care Homes: The unique advantages doctors bring to owning and operating residential assisted living homes.
Key Takeaways:
â Residential assisted living is not only a lucrative investment but also an opportunity to make a real difference in the lives of residents.
â Networking is keyâbuilding relationships can help you find deals, resources, and partners to grow your portfolio.
â Balancing real estate and medicine is possible with the right strategies and team in place.
Subscribe and Stay Updated:
If youâre inspired by Dr. Moffettâs story and want to explore how real estate can transform your life, subscribe to the Physicians and Properties Podcast! Donât forget to leave a five-star review to help other physicians find these life-changing insights.
Connect With Dr. Craig Moffett:
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If you want to learn how investing in real estate can give you the freedom to practice medicine and live life how you want then check out the links below:
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