Recommended Real Estate Investing
Real estate investing is often the biggest wealth builder for doctors. While we are avid RE investors, we acknowledge the fact that many ODs are doctors first! Hence majority don’t want to manage their own rentals but desire a more active ROI compared to a simple Vanguard REIT fund. With that being said, we are extremely strict about who let on this recommended list; many of which require months of due diligence, interviews, meetings. As always, with any investments, please read all prospectus carefully and let us know how your experience are! Happy RE Investing!
Real Estate Syndicators (Apartment)
What is an apartment syndication? Quite simply, it's the pooling of collective capital from multiple investors for the purpose of acquiring apartment real estate that would otherwise be reserved to institutional investors. This allows smaller investors access to all the benefits without the work. In addition to cash flow and equity growth, apartment syndications have considerable tax benefits due to the power of accelerated depreciation. As limited partners, investors also are shielded from operation-associated liabilities.
Want to Learn More about Syndications? Register with us and we'll send you our introductory video and updates on our current investment opportunities.
- Note: Due to compliance regulations, an initial registration is required prior to REI offerings
Contact: Russ Beach, O.D at Russ@newsightcapital.com (312)-432-3332
Dr. Walt Whitley, Co-founder
Walt is nationally recognized as a thought leader within the profession of optometry. He is one of optometry’s most active and sought-after lecturers for state, regional, and national conferences. He is a past President of the Virginia Optometric Association (VOA) and recognized as the 2012 VOA Young Optometrist of the Year, the 2015 VOA Legislative Keyperson of the Year and the 2020 VOA Optometrist of the Year. From 2008 to 2021, Walt served as the Director of Referral Services and Residency Program Supervisor at Virginia Eye Consultants in Norfolk, VA. During his tenure, Walt helped Virginia Eye Consultants develop one of the country’s leading models of optometry-ophthalmology cooperative care, thus helping the practice grow from 4 providers to 23 providers by 2021. This growth led VEC to private equity partnerships in 2018.
Dr. Russ Beach, Co-founder
Russ started his own private optometry practice in Virginia Beach, VA in 2008. In 2013, he joined with partners to acquire Coastal Vision. Russ spearheaded the growth of Coastal Vision into one of the largest private optometric practices in Virginia with 4 locations. After increasing gross revenue by 100%, Coastal Vision was then sold to Keplr Vision in 2020, allowing Russ more freedom and resources to pursue his passion in helping others grow their personal wealth through multifamily real estate investing. Russ also has a strong passion for providing pro bono eye care and glasses to local homeless and underserved populations, and he makes charity work the biggest reason for his own financial growth. In 2021, he began the application process to create a non-profit foundation, called The Mathew 6:22 Project, which will provide free eye care to homeless and children in poverty in eastern Virginia.
2022 in Review, and a Look at 2023!
It’s hard to believe, but the year 2022 has vanished in the blink of an eye. This past year, we’ve had the pleasure of seeing ODs on Finance continue to grow and help ODs on their financial journey, whether they be new grads or seasoned veterans. We are thankful for your attention, your questions and your contributions. Two tenets that hold paramount value to us at ODs on Finance are transparency and productive growth. In this letter, we will highlight how our community has grown, the various methods we provide value to our community, exciting new projects/acquisitions for 2023, and a look at our commercial interests/disclosures – trust us, you’ll want to read this! Here is a quick recap of 2022!
The OD’s Quick Guide into Active & Passive Real Estate Investment
You’ve heard it again and again that real estate is an excellent pathway to accumulate significant wealth. However, you should also know that most real estate investors do not get rich overnight, as it can take years for investment properties to accumulate enough equity and generate significant wealth. The nice thing about real estate is that there are many approaches to make money and to do so either requires a lot of your time, or very little of it. Simply put, real estate investing can typically be classified as either active or passive investing. Let’s take a look at these categories to learn which may be the best fit for you!
5 Big Challenges of Out of State Rentals & How To Overcome Them
If you are reading this, chances are that you have realized how lucrative the rental property market can be. Rentals can serve as a great source of passive income, but they certainly are not without risk. One strategy for decreasing your risk is to diversify your rental portfolio by investing in out of state properties. However, out of state investing is not without its own challenges. Let’s look at the 5 biggest challenges for out of state investing and how to address them.
Four Major Benefits of Investing in Out of State Rentals
If you’re reading this article, you most likely live in a state that has a high cost of living and home prices are skyrocketing at a pace that makes little sense in investing for cash flow. You’ve wondered how you can also own rental properties and enjoy the sweet success of passive positive cash flow that isn’t possible where you’re at. We’ll talk more about the disadvantages in a follow up article, but for now, we will dive into four major benefits of investing in rental properties out of state.
10 Reasons For Optometrists to Invest in Apartment Syndications & 2 Reasons to Not Invest in Apartment Syndications
When we started New Sight Capital, we set out on a mission to share the unique opportunity of apartment investing with our fellow optometrists. The challenge: not many ODs have ever heard of apartment syndications. In short, an apartment syndication is the pooling of collective capital from investors in order to acquire an apartment complex that would normally be reserved to larger, institutional investors. Although syndications have been around for years, they’ve typically been an instrument of very wealthy or well-connected accredited investors. We are setting out to change that by bringing syndications directly to the optometric community.
6 Due Diligence Tasks to Perform when Purchasing Rental Properties
Investing in rental properties can have a lot of exciting moments; however, one thing that people will never claim to be enthralling is performing their due diligence…Due diligence essentially refers to ensuring that you know everything possible about a property before signing on the dotted line. In this article, I will discuss due diligence, breaking it into tasks prior to making an offer and those done after your offer is accepted.
7 Ways to Buy Your First Home with an Investor’s Mindset
In March 2021, my fiance and I made the largest purchase of our lives, we bought our first home in the Bay Area CA, specifically in the East Bay Area. No, this article isn’t about us celebrating the idea of having our “forever” house, but more about the vital decisions and mindset that we had to enforce to start building our RE Investing portfolio. Here are 7 strategies on how to buy your first home with an investor’s mindset.
How Much Profit Should Rental Properties Generate?
For real estate investors, the ultimate goal is obviously profit. However, one of the most common questions people have when considering investing in a rental property is: how much profit should expect? This article will help you to estimate your potential profit on a particular property investment. There are a number of variables that should be considered whenever estimating profit. It is also important to remember that every market is somewhat different. However, ultimately, there are a handful of core questions that can be asked to help estimate potential profit.
10 Tips for a Successful Insurance Claim after a Fire
A fire is something that no one ever wants to deal with, and is something that can turn your life upside down for a while. Having proper insurance and understanding the process behind dealing with a fire are key for being able to recover from a fire. Let’s take a look at the steps of the insurance claim process.
Before you continue reading, let’s create a folder on your computer, and title it “Documents for Insurance Claims”. You’ll need it to add important items in. Here are 10 Tips for a Successful Insurance Claim after a Fire.