In this episode of How to Lose Money, we interview a successful full-time surgeon who looked to real estate investing as a way to earn passive income. Anyone looking to earn passive income through investing will learn what to avoid and tips for success in this sector.
Mark Wolgin is an orthopedic spine surgeon who has been investing in real estate since 1996. Through aggressively paying down the mortgage balances and using 1031 exchanges, he ended up with several rental houses in Texas, Nevada, and his current location Georgia. While pursuing real estate investing, Mark has kept his day job.