Dr. David Phelps, founder of Freedom Founders, was a general dentist business owner for 27 years until 2004 when his daughter, Jenna, faced Leukemia with a life-saving organ transplant. He quickly discovered that bouncing from chair to chair wasn’t an option as he refocused his attention to what mattered most — his family. As for him, too many dentists and professional practice owners allow their practice to run them, instead of structuring their practice and investments to work for them.
So, in today’s episode, David shares about his investors who are mature and more sophisticated about their finances to help us understand the nuances of the marketplace and economics in the real estate industry. The investors that they get to work with also want to be on the forefront of more managing their money through vis-a-vis funds.
Tune in as we learn more about building wealth and freedom together!
HIGHLIGHTS OF THE EPISODE
00:34 – Guest Intro: David Phelps and Freedom Founders
01:12 – How to Stay Invested in Real Estate
01:52 – How Interest Rates Affect Real Estate Equities
04:05 – Real Estate vs. Stock Market
05:29 – Conservative Deployment of Capital
09:59 – How Much Risk Investors Should Tolerate
11:24 – People Who Chase Yield
13:38 – Past Results Don’t Guarantee Future Performance
14:55 – Why Freedom Found Is More Relevant
16:15 – Learnings and Expectations
21:38 – The Strongest Operators Have a Reputation
23:24 – Cash Flow
25:26 – Closing
Thank you for joining us in another episode. We are committed to inviting more guests that give value to our real estate journey. Stay tuned for more episodes. To learn more, visit our website at www.tempofunding.com.
CONNECTING WITH THE GUEST
Website: https://www.freedomfounders.com/
Linkedin: https://www.linkedin.com/in/dgphelps/