I love my work as an oral and maxillofacial surgeon and have no plans to retire anytime soon.
But there’s something freeing about having the option to go into work on Monday—or not. And that’s why I’m an advocate for building wealth with cashflowing real estate.
So, what does it look like to invest in a multifamily deal? How do experienced operators like my friend Chris Salazar add value to a property and earn significant returns for investors?
Chris is Founder and CEO of Archstone Capital Partners, and he’s back on Dentist Brain Candy to break down an investment we did together, a 52-unit multifamily property in Davenport, Iowa.
Chris explains how he found and negotiated the deal on The Row at 35th, describing why the community was a good fit for his value-add program and how renovating the units is attracting his target tenants.
Chris walks us through the projected returns for investors in The Row, discussing how his team will have created $1M in equity in the deal once it’s stabilized.
Listen in to understand the exit strategies Chris has in mind for The Row and learn how YOU can benefit from partnering with a full-time real estate investor like Chris!
How Chris found and negotiated the deal on The Row at 35th
The benefit of partnering with a full-time real estate investor like Chris
Why The Row was a good fit for Chris’ complete value-add program
How renovating the units at The Row is attracting tenants who respect the property and pay on time
The mix of townhomes and apartments at The Row and why there’s less turnover/vacancy at the community
The projected returns for a $100K investment in The Row
How Chris’ team will have created $1M in equity in the deal once it’s stabilized
The potential exit strategies Chris has in mind for The Row
How a 1031 Exchange allows investors defer taxes on capital gains
How having in-house construction and property management teams benefits Chris’ investors
Email csalazar@archstonecp.com
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Are we inadvertently beating people with an ugly stick in the name of better breathing?
On this episode of Dentist Brain Candy, I cover two thought-provoking articles from recent editions of the Journal of Oral and Maxillofacial Surgery, sharing the findings from a study on the impact of MMA surgery for OSA on facial profile esthetics.
I also discuss a paper identifying the trends in work relative value units (or RVUs) among oral and maxillofacial surgeons participating in Medicare from 2013 to 2017.
Listen in to understand why I find the RVU system so frustrating and learn why the free market is a far better way of determining reimbursement rates for a given dental procedure.
How the physician fee schedule based on relative value units or RVUs came to be
Why I find the RVU system incredibly frustrating and offensive
Why so few maxillofacial surgeons participate in the Medicare system
How a recent study uncovered an increase in productivity of OMSs and a decrease in the number of Medicare patients served by OMSs in the period from 2013 to 2017
Why the free market is a far better way of determining reimbursement rates for a given dental procedure than the RVU system
The high success rate of maxillomandibular advancement (MMA) surgery in curing obstructive sleep apnea (OSA)
How a recent study found that MMA surgery for OSA does not have a negative impact on facial profile esthetics
Why I’m an advocate of building wealth through cashflowing real estate
How I earn cashflow from owning a portion of the building my practice occupies
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Dentist Brain Candy Continuing Education
Email bryanmclelland@hotmail.com
Call (509) 922-2273
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Omnibus Budget Reconciliation Act of 1989
That’s why I’m working with Chris Salazar to invest in real estate and create an additional income stream separate from my oral surgery practice.
Chris is the Founder and CEO of Archstone Capital Partners, a vertically integrated real estate investment firm headquartered in Dallas. Chris and his team focus on value-add multifamily properties in the Midwest and Texas, and Archstone currently operates a portfolio of 500 doors.
On this episode of Dentist Brain Candy, Chris joins me to discuss the advantages of investing in multifamily over single family properties and describe how his value-add deals make a positive impact on the community.
Chris walks us through the tax benefits of investing in multifamily and explains why he likes deals in a tertiary market like the Quad Cities.
Listen in to understand how Chris’ conservative underwriting protects investors and learn how real estate can help dentists and oral surgeons achieve our financial goals!
What Chris likes about investing in the Quad Cities market
The advantages of investing in multifamily over single family homes
Chris’ goal to build a 1,000-door portfolio in 2022
How returns differ in primary vs. secondary or tertiary markets
How real estate can help a dentist or oral surgeon achieve their financial goals
The tax benefits of investing in multifamily real estate
How Chris’ value-add deals make a positive impact on the community
What investors should ask about the sponsor, the market and the deal itself
Why Chris’ buy-improve-hold approach generates healthy returns
How Chris’ conservative underwriting protects investors
Email: csalazar@arsenalcp.com
Dentist Brain Candy Continuing Education
Email bryanmclelland@hotmail.com
Limitless: Upgrade Your Brain, Learn Anything Faster and Unlock Your Exceptional Life by Jim Kwik
But in August of 2021, a team at NYU Langone Health performed a face and double hand transplant on Joe. Was the procedure successful? How has his life changed since the surgery?
On this episode of Dentist Brain Candy, I share two journal articles that piqued my interest this week, beginning with the recent Journal of Oral and Maxillofacial Surgery feature on trigeminal neuralgia that describes the symptoms of this long-term facial pain disorder as well as its treatment options.
I go on to discuss the world’s first successful face and double hand transplant surgery, explaining what’s involved in the patient selection process, why 22-year-old Joe DiMeo was a good candidate for the procedure and how he’s doing now.
Listen in for insight into what was involved in the 23-hour face and hand transplant and learn about Dr. Eduardo Rodriguez, the pioneering oral and maxillofacial surgeon who led the surgical team.
The symptoms of long-lasting facial pain disorder trigeminal neuralgia
What causes trigeminal neuralgia and how it’s triggered
The surgical and non-surgical treatment options for trigeminal neuralgia
How Dr. Eduardo Rodriguez led the world’s first successful face and double hand transplant
The team of 140 healthcare professionals who conducted the 23-hour surgery
What made Joe DiMeo a good candidate for the procedure and how he’s doing now
A brief history of human face transplants
The patient selection process for face transplant surgery
Connect with Dr. Bryan McLelland
Dentist Brain Candy Continuing Education
Email bryanmclelland@hotmail.com
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Email info@libertysurgerycenter.com
'Trigeminal Neuralgia’ in the Journal of Oral and Maxillofacial Surgery
NYU’s Press Release on the World’s First Successful Face and Double Hand Transplant