Helping Busy Physicians Earn Passive Income: Brett Riggins, Founder of Physician Wealth Systems

Raise the Line

Most people associate being a physician with achieving financial security, but according to a recent report issued by Medscape, only about half of physicians in the United States report having a net worth over $1 million. That's where today's guest comes in. Brett Riggins founded Physician Wealth Systems in 2022 to help doctors achieve financial security through real estate investments that generate passive income. “Real estate could be that ‘means to an end’ kind of thing. It could produce this situation where it allows you to separate your time from your money and we can allow physicians to practice with passion, not practice because they have to,” Riggins tells host Michael Carrese. In this illuminating conversation, Riggins addresses the level of knowledge and time commitment involved, steps for getting started and determining your fundamental “why” for engaging in real estate investing. “No matter what profession you're going into, self-realization is the biggest piece of separating yourself from who you used to be and understanding where you want to go,” he counsels. And for those paying off student loans who think their options to make outside income are limited until they are debt free, stay tuned to learn about some strategies that could get you started.

Mentioned in this episode:
https://physicianwealthsystems.com