Episode #03: David Phelps – Networth, difference between Real Estate Business and Wealth Building, Private Capital
David Phelps, D.D.S. Owned and managed a private dental office for over twenty one years. While still in dental school, he began his investment in real estate by joint-venturing with his father on their first rental property in 1980. Three years later, they sold the property and David took his $25,000 capital gain share and leveraged it into thirty one properties that later produced $15,000 net cash flow.
Multiple health crises suffered by his daughter, Jenna {Leukemia, epilepsy and a liver transplant at age 12, caused David to leave practice so that he could spend time with his daughter. Unfortunately, a divorce failed practice sale provided additional setbacks that he had to think and work through.
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THE GREATEST RISK IN LIFE IS DOING NOTHING.
Dr. David Phelps
Today, David is a nationally recognized speaker on creating freedom, building real businesses and investing in real estate. He also combines his professional and personal experiences to illustrate how the tactical and aspirational work together. David helps other logical, rational professionals become dreamers, then strategically manifest those dreams info freedom. He authors a monthly newsletter, “Path to Freedom” and hosts “The Dentist Freedom Blueprint” podcast. Freedom Founders Mastermind Community grows exponentially, year by year, providing the pathway to freedom for many professional practice owners.
Featured on the Show:
To connect with David, please contact Lindsey Cope at
@Lindsey@FreedomFounders.com
888-548-5855
Expert Speech Topics
The Gap – what dental school failed to teach you and how can overcome it
Why – The Accumulation Theory of Wall Street leaves 96% unable to retire
The significant changes – in health care industry and what it means for practicing professionals
Retirement planning – beginning with the end in mind
The critical decision -making process for young grads entering professional practice
Building passive cash flow – via real estate investments – why, what and how
How -to become a real business owner vs. expert technical clinician
How to create – a Freedom Blueprint (capital assets and sustainable, passive income)
Take the Chance: Go from overthinking, to dreaming to freedom
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