MtoM #208: PM&R Resident Gets Back to Broke and Finance 101: Turning Your Home into a Rental Property

Today we are talking to a resident who is already back to broke. He had a leg up from fantastic parents who were able to help pay for his first few years of medical school. He is a great example of showing that you can get started on your financial journey before you even get your first attending paycheck. His secret to success is educating yourself early, living like a resident, and being extremely conscious of where you are spending you money. His next goal is aggressively paying off his student loans as soon as he is out of training. After the interview we are talking about flipping your home to a rental property for finance 101 and if that is a good idea or not.

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The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

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