"By the time Dr. Jill Green finished medical school, she'd racked up seven figures in student debt and had virtually zero assets. "My net worth was negative $1 million," the family practice and emergency medicine doctor told Business Insider. "Our primary home was our only asset." Green, who began her career in investment banking before pivoting to medicine, began entertaining the idea of property investing after hearing a physician couple speak at a virtual entrepreneur event for doctors."
"It was a decent chunk of upfront money, about $2,500, for someone with a negative net worth, but Green viewed it as a smart investment for her and her husband. "I was like, if we even get $10,000 back in our taxes next year, the course will have paid for itself four times. It seemed like a no-brainer, and he agreed," she said. "So, I took the course, and our tax return that next year, after implementing what they taught, was $40,000."
After medical school Dr. Jill Green carried about $1 million in student loan debt and had virtually no assets beyond a primary home. She enrolled in a real estate course costing about $2,500, then used the tax strategies learned to increase her tax refund to $40,000 and used that money to buy another investment. She borrowed from her 401(k) to fund the down payment for her first property and subsequently added roughly one rental property per year. Since starting in real estate her net worth rose from negative $1 million to about $3 million.
Read at Business Insider
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