89. Helping Physicians achieve Passive Wealth through Real Estate with Pranay Parikh
Manage episode 359390585 series 2853794
ABOUT PRANAY PARIKH
Dr. Pranay Parikh is a full-time physician, Co-Founder and President of Ascent Equity Group, online course creator, and host of the MD to Entrepreneur Podcast. Dr. Parikh started out as a fresh attending with zero business experience. Despite loving his job and medicine, he didn't feel like he had financial security or control over his time. Today, he is a serial entrepreneur and practices medicine on his own terms.
He has a passion for helping other doctors reach financial independence and do more of what they love. Dr. Pranay consistently strives to become the best version of himself whether it be in business, education, fitness, marriage, or family.
THIS TOPIC IN A NUTSHELL:
Pranay’s background and why he got into real estate
Getting into his first deal and Syndication
Creating an online course
Partnership and Fund to fund deals
Building a brand with partners
The learning curve with buying properties
Investing in Real Estate from a doctor's perspective
Investing in Tools and App for Investor’s privacy
Obstacles encountered as a doctor and how to overcome those
Doing pre-mortem in all deals
Advice to his 25-year-old self
First Entrepreneurial Endeavor
Formal and informal training that shaped his journey
His biggest mistake and what he learned from it
Connect with Pranay
KEY QUOTE:
“What beats mindset or any issues is Action. You'll get past those obstacles if you just take action. The mindset issue is still gonna be there, but the more action you take, the quieter and quieter is that voice gonna get at the back of your head.”
SUMMARY OF BUSINESS:
Ascent Equity Group is a nationally focused real estate investment firm that seeks to acquire cash-flow and tax-efficient opportunities that allow our investors to grow and preserve wealth outside the stock market. Ascent Equity Group is built by doctors, for doctors. With decades of experience investing in projects covering single-family, multi-family, and mixed-use, we know all the ins and outs of introducing and onboarding new or experienced physicians to our portfolio. Our mission is to serve as a touchstone for our physicians and to give them the ability to passively invest and build returns while simultaneously shielding them from the day-to-day responsibilities of property management.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
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CONNECT WITH PRANAY PARIKH:
Website: https://ascentequitygroup.com
Facebook: @AscentEquityGroup@PranayParikh
Instagram: @AscentEquityGroup
LinkedIn: @ascentequitygroup@Pranay Parikh
Podcast: https://www.frommd.com
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
141 episodes