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Generate Passive Income and Achieve Financial Freedom Through Real Estate Investing

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Growing up in a remote Sri Lankan village, my father defied overwhelming odds to escape poverty, crossing oceans to immigrate to the first world. His inspiring story became my guiding light, instilling a tireless work ethic that would shape my life. 

Thanks to him, I was fortunate to be born in a first-world country—although my early years were spent living in subsidized housing in Canada. I had socioeconomic challenges of my own to overcome, and the healthcare profession appealed to me because it promised financial security.

Despite excellent grades, I wasn’t too eager to spend years and years in medical school. But when I realized that dental school required less time for comparable pay, I found my calling. After graduating from Howard University College of Dentistry at the top of my class, I launched into an illustrious career as an endodontist. Yet, despite making the money I dreamt of making during my younger years, I didn’t feel “successful” at all—instead, I felt burnt out, working too many hours, and unable to spend enough time with my family. 

When I missed a dance recital that was really important to my daughter, I said, “Enough is enough.” I knew my priorities were wrong if my career preceded my family—and I had to do something about it.

Real estate is how I overcame burnout as an endodontist.

I was confident I could replace the demanding hours of dentistry with passive cash flow, so long as I played it smart. Real estate investing wasn’t a new concept to me—I already knew it had enormous potential as an alternative source of income. 

I did my homework and started small, but it wasn’t long before I started seeing success in my real estate ventures. As passive income started to pile up, I was able to dial back my hours spent in the office and reclaim precious moments with my family. From then on, I felt that it was my purpose to show other dentists “the promised land” of Financial Freedom. 

Now, through raising capital from accredited investors, primarily fellow dentists, I tailor real estate investments to align with individual financial goals, offering liberation from financial concerns and the chance to live life on their terms.

Unlike the stock market or other traditional investments, real estate isn’t a gamble.

Real estate is the dentist’s key to passive income, offering stability and financial security in stark contrast to the unpredictable stock market. The unique advantage in real estate is its financial flexibility—substantial returns are possible with just a modest upfront investment.

Multifamily real estate, particularly large apartment buildings, is a particularly recession-resistant investment. With a focus on fundamental human needs, there’s a consistent demand even in economic downturns, historically maintaining a steady upward trajectory even in the worst markets.

If you put your real estate portfolio in the right hands, you can just sit back and watch the money pour in.

Behind the scenes of my role as a fund manager lies a rigorous process of due diligence in selecting sponsors for real estate ventures. I only work with the most credible sponsors, vetting them through uncompromising background checks, meticulous track record assessments, and thorough evaluations alongside a panel of like-minded real estate experts.

For my fellow dentists interested in real estate, here’s my advice: Think long-term and be consistent in choosing reliable deals. Spread your investments across different properties and sponsors to build a diverse income portfolio.

There’s a reason dentists hire someone like me, though. Knowing how to utilize interest rates and distressed properties to your advantage can help you seize great opportunities, ensuring double, triple, or even quadruple the average return rates. That’s not to mention some cool tricks I know regarding tax advantages through depreciation and smart refinancing. These moves, similar to what wealthy folks do, can help cut down on your tax bills; there’s a reason that Jeff Bezos, Donald Trump, and other ultra-wealthy people are so notorious for avoiding taxes without repercussions.

Are you considering passive investing through real estate?

There’s no doubt that dentists can harness substantial passive income through real estate. The multifaceted benefits—including tax advantages, consistent cash flow, and wealth-building opportunities—position real estate as a lucrative avenue.

When it comes to choosing dentists to go in on investments, I just require them to provide me with proof of being an “accredited investor.” In the U.S., that means you generally need a high income—over $200,000 annually (or $300,000 with a spouse) for the past two years and an expectation to maintain that income. Alternatively, if your net worth is over $1 million, not counting your main home, you may also qualify. Keep in mind that these requirements can change, so it’s best to check the latest guidelines from the Securities and Exchange Commission (SEC).

If you’re able to become an accredited investor, real estate investing opportunities typically require minimum investments ranging from $50,000 to $100,000. To work with me, just visit https://walkofwealth.com/ to book a free strategy session for exclusive access and guidance on passive real estate investing. Alternatively, join my Facebook group—“Real Estate Investment for Dentists”—for valuable resources, to connect with like-minded professionals, and explore potential investment opportunities. 

About the Author:

Dr. Janatha Withanachchi is a veteran endodontist in the NJ/NY area that received his DDS (Doctor of Dental Surgery) at Howard University College of Dentistry ranking at the top of his class. He then completed a general practice residency at Bronx Care Hospital followed by post-doctoral training in Endodontics at New York University. He is a member of the dental honor society “Omicron Kappa Upsilon”. Walk of Wealth and their equity partners have invested across over 350+ apartment units (over $50 million dollars of real estate) in growing markets with high demand for ever scarce ‘workforce’ housing.

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