Turning $10k into Millions: Real Estate Investment Strategies with Jorge Vasquez | The Medicine and Money Show
In this episode of The Medicine and Money Show, host Ryan Smolarz sits down with Jorge Vasquez, a seasoned investor, broker, and property manager who has built a robust real estate portfolio and an investor-centric brokerage firm. Jorge shares his journey from financial advisor to losing everything in the 2008 crash, to rebuilding his wealth with dozens of single-family rentals. They discuss how new doctors can start with a $10,000 investment, reverse engineer a 10-year wealth plan, and why Jorge prefers single-family homes over multifamily investments. Learn the ins and outs of structuring financing, using refinancing instead of selling, and the mindset required for serious investing. This episode is a comprehensive guide for physicians and anyone looking to turn their income into a durable real estate portfolio. Don't miss this deep dive into the world of real estate investment.
00:00 Introduction to Jorge Vasquez and His Real Estate Journey
01:48 Jorge's Background and Early Real Estate Investments
02:48 Strategies for New Investors and Doctors
05:03 Creating a Personalized Investment Plan
08:28 Implementing the Investment Plan
12:40 Rehab and Property Management Process
17:36 Exit Strategies and Long-Term Wealth Building
21:10 Tax Advantages in Real Estate Investing
22:23 Mindset of a Successful Investor
23:30 Leveraging Assets for Growth
24:31 Diversification Strategies
26:17 Economies of Scale in Property Management
27:42 Defining Financial Freedom
29:26 Treating Real Estate as an Enterprise
31:19 Educational Resources and Personal Stories
34:27 Market Predictions and Final Thoughts