Welcome to the Mario Dattilo Show Podcast!
In this episode, Mario talks with Pranay Parikh about his journey from a medical doctor to a real estate investor. The points discussed in this podcast include the benefits of real estate investing, such as having control over your investments and the potential for passive income. Pranay also talks about building a media ecosystem and audience, and the importance of having a balanced investment portfolio and being flexible and ready for changing market conditions. Additionally, the speaker emphasizes the importance of considering risk as well as reward and making investments that help you sleep well at night.
About Pranay:
Dr. Pranay Parikh is a medical doctor, serial entrepreneur, and podcast host. His unconventional journey to medicine helped him learn the skills to excel in entrepreneurship and real estate. Over the past 16 months, he’s bought over $200 million in real estate and helped 100s of others invest in real estate without being a landlord
https://www.ascentequitygroup.com
Find out more about Mario at MarioDattilo.net
Talking Points:
00:35 How Pranay Became A Doctor
01:00 Real Estate Gives You Control Unlike The Stock Market
01:54 Finding Syndications: 95% Benefits With 2-3% of The Work
04:30 Active or Passive Investment?
05:12 Pranay’s Course “Passive Income MD”
06:11 How Pranay Built His Media Ecosystem
06:51 Build Your Audience First
08:03 You Only Have So Much Cognitive Bandwidth
09:44 Have A Balanced (Investment) Diet
11:01 Providing Quality Housing
13:42 We Don’t Look For Deals, People Bring Us Deals
14:58 Build Relationships Before You Need Them
15:35 Focusing On Low or No Tax Areas
16:50 Look At Your Networks For Inspiration
18:18 Adapt To Changing Conditions
19:30 Flexibility Is Important
21:40 Be Ready With Liquidity
22:30 Recognize Risk, Not Only Reward
23:10 Get On The Phone
24:19 Making Investments That Help You Sleep Well At Night25:30 It’s Important To Look At Trends
27:28 Can Your Property Handle Double or Triple Vacancy?
28:44 The Common Sense Test
SUBSCRIBE to the Mario Dattilo Show Podcast YouTube Channel:
https://www.youtube.com/channel/UCGGnRDb6pSONGT9PQmbXTbw
Check out this podcast website: MarioDattiloShow.com
Links & Mentions From This Episode:
Pranay@assentequitygroup.com
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