Vanessa Peters, MD, joins us today to talk about the unique financial situations doctors face. Did you know that most doctors are financially strapped, despite their high incomes? Today Vanessa will teach you how new doctors can avoid the financial mistakes most make. If you\u2019re raising money for syndicated real estate deals and you want doctors to invest in your deals, learn these important lessons! If you\u2019re a doctor who has made some financial missteps, join us to learn how you can get back on track.\n\xa0\nNotable Quotes:\nThe problem is that financial advisors are going to tell you their world view of how you should invest your money, which is in things that tend to make them money as well. And even if they don't, then they might not be really that knowledgeable about other options, private placements and real estate investments and things like that.\nIf someone comes to you with a deal, you need to look at the not at the numbers, not at the deal, not the location. But first, you have to look at the team.\n\xa0\nGet in touch:\nVanessa@VMDinvesting.com\xa0\nwww.VMDinvesting.com\xa0\n\xa0\nGuest Bio:\nVanessa Peters, MD, is the founder of VMD Investing and has been investing in real estate for 11 years in single family homes, commercial retail,\xa0 apartment communities, self-storage and manufactured home parks. She has invested in over 2500 units across 11 properties and 4 funds.\xa0\nShe is passionate about helping busy professionals build wealth through passive, income-producing real estate that provides attractive returns and a proven roadmap to financial freedom.\nVanessa Peters earned her medical degree at the University of Calgary, Alberta, Canada and moved to the US from Canada in 2002.\xa0 Dr. Peters is a Family Physician and Chief Physician Officer for Graybill Medical Group, a primary care owned medical group in North San Diego County with 12 locations and 80+ providers.\xa0\nShe is involved in her community and is on the Board of Directors for Interfaith Community Services, a nonprofit that focuses on reducing homelessness in San Diego County. She lives in Escondido with her husband and son and enjoys hiking, traveling, and yoga.\n\nTranscript:\n\xa0\nVanessa Peters\xa0 0:00\xa0\xa0\nThat is a tricky term no passive income, because it can be interpreted several different ways. A lot of people think that owning a single family home is passive income. And it's not.\n\xa0\nTaylor\xa0 0:12\xa0\xa0\nWelcome to passive wealth strategies for busy professionals. I'm your host, thank you for tuning in today. Today, our guest is Dr. Vanessa Peters. Dr. Peters is a real estate investor, an active working doctor in San Diego. And our discussion is really around the financial and investing problems and opportunities that doctors have today. If you're not a doctor, there's still a lot to learn from this discussion, how to get into investing, when to find opportunities, how to get people on your team that are invested in your success, the great asset classes to invest in this is a very full discussion.\xa0\nAnd I'm sure you're going to enjoy it. Once again, thank you for tuning in. And without any further ado, here's the interview. Dr. Vanessa Peters, thank you for joining us on passive wealth strategies for busy professionals today.\n\xa0\nVanessa Peters\xa0 1:09\xa0\xa0\nThank you, I'm so happy to be here.\n\xa0\nTaylor\xa0 1:11\xa0\xa0\nI'm excited to have you, you have a great experience. We're going to talk today about passive real estate investing for doctors a topic that we haven't covered on the show yet. But to fill out your background a little bit and tell our listeners about where you're coming from your experience. And you know, just fill that out for us and help us know where you're coming from.\n\xa0\nVanessa Peters\xa0 1:32\xa0\xa0\nYeah, absolutely be happy to. I, I knew I wanted to be a doctor when I was I think in 10th grade. Because my science teacher said you know, you're really good at science, you should be a doctor. And I said, Well, okay, I have the choice of being a lawyer or a doctor.\xa0\n\xa0\nAnd so I thought, I'll