All Posts By

Dennis Bethel

Real Estate Investing

Bonus Depreciation And Other Tax Advantages Of Apartment Investing

Let’s talk about depreciation, including bonus depreciation. If you’ve invested in apartments then you likely know just how tax advantaged real estate is. Depreciation is the cornerstone of those tax benefits. But depreciation isn’t always well understood. So let’s change that. In accounting terms, depreciation is the reduction in value of an item over time. Take, for example, computers purchased…
Dennis Bethel
May 11, 2020
Health Care

Coronavirus Pandemic: 4 Things You Can Do

For most of the last decade, I’ve been writing about investing, finances, and retirement. So with the arrival of the coronavirus pandemic and the growing economic downturn, you’d think I’d have a lot to write about. The stock market has plummeted, hotels are empty, bars and restaurants are closing, and airplanes are grounded. The historic 11-year bull market has come…
Dennis Bethel
March 17, 2020
Accredited Investors

Calling All Accredited Investors

I’ve worked my entire adult life in two industries – medicine and the financial sector (specifically commercial multifamily real estate). While the two are very different, I have noticed a similarity…let me explain. The emergency department is a microcosm of society. All types of people from various walks of life utilize the E.R. I thrived in that environment for years,…
Dennis Bethel
March 10, 2020
Real Estate Investing

The Millennial Rental Tidal Wave

Relative to earlier generations, Millennials are struggling by making less money, incurring more debt, experiencing underemployment, facing lower income growth trajectories, and having a harder time saving money. Homeownership is largely outside of their reach.
Dennis Bethel
February 21, 2017
Real Estate Investing

Apartment Investment Opportunity

Many NestEggRx readers want to see behind the curtain of how investments through private real estate investment companies work. They want to see the business plan, the expected returns, how we look at markets and submarkets, and most of all they want access to these deals.
Dennis Bethel
February 8, 2017
Real Estate Investing

Hanging Up The White Coat

There are a lot of doctors who build their entire financial plan around earned income and their own labor. They don't think to build stable streams of passive income outside of medicine and therefore they get stuck in this bloated system without any options.
Dennis Bethel
October 26, 2016
Real Estate

Important Announcement – Coming Soon

Fall is rapidly approaching and with it comes cooler weather, football, the World Series, and more commercial multifamily real estate investing learning events.While I love blogging about the merits of apartment investing, there is nothing quite like the live events.
Dennis Bethel
September 12, 2016
Real Estate Investing

Residency For Apartment Investors

And you are ALWAYS taught by someone who knows how to do it well - sometimes the best in the country. In reality, it took far more supervised repetitions to master these procedures, but the concept was the same. Doctors learned to be doctors using the apprentice model (residency). And if you go back in time, this is how mankind…
Dennis Bethel
July 20, 2016
Real Estate

Texas Sized Investment Profits

"No matter which way you look at the data, Texas is the big winner. Four of the 10 fastest-growing cities in the US are in Texas, and five of the 10 cities with the highest numerical population growth were in Texas."
Dennis Bethel
May 26, 2016
Real Estate

Scolding Doctors

As medicine rapidly consolidates and private practice becomes nonviable, many physicians are becoming hospital employees. This situation threatens doctor autonomy and ultimately patient care.
Dennis Bethel
May 23, 2016
Real Estate

Not Ready To Die

Some of the lowest moments of my career have come from performing heroic measures on patients without any quality of life. In these situations, it seems cruel to thwart a merciful death. How can I feel good about prolonging someone else's suffering?
Dennis Bethel
April 25, 2016
Real Estate

Taxes – Your Biggest Expense

Real estate happens to have some of the most favorable tax benefits. In fact, I like to say that if your investments aren't tax-advantaged, tax-deferred, or tax-free then you must not be investing in real estate.
Dennis Bethel
April 3, 2016
Real Estate

Replacing Doctors

During my formative years, I still recall going from records and eight-tracks to cassette tapes. I felt so cool walking around with that Sony Walkman playing my cassettes, listening to Rick Springfield belt out Jessie's Girl.
Dennis Bethel
March 6, 2016
Real Estate

I Order Pregnancy Tests On Men

Now before you go and question my professional competency, let me assure you that I went to a good medical school. I also completed a four-year residency in Emergency Medicine at a top-notch residency program. I was board-certified less than one year after finishing and have maintained that status ever since.
Dennis Bethel
February 9, 2016
Real Estate

More Than Just The Town Drunk

Sitting at the corner of Cedar and Kings Canyon avenues VMC was nothing to look at. However, the combination of rampant poverty, violent gangs, and severe shortages of both doctors and nurses, made it an ideal place to do residency.
Dennis Bethel
November 24, 2015
Real Estate Investing

This Doctor’s Grizzly Confession

I much prefer investing in multifamily real estate in which everyone can be a winner. The tenants win because they have a clean, safe place to live. The employees win because they have a stable income that puts food on their table. The sellers win when they sell for a reasonable profit. The buyers win when they take over and…
Dennis Bethel
November 14, 2015
Real Estate

Shrinking Taxes – NestEggRx Interviews Diane Kennedy

  Diane Kennedy is a best selling author, CPA, and tax strategist. Years ago, I hired Diane to prepare a tax strategy for me. I've been following Diane ever since. You can too by signing up to her website USTaxAid. Also be sure to sign up for my must see webinar: 8 Ways to Shrink Your Taxes by Investing in…
Dennis Bethel
October 7, 2015
Real Estate

Harassing Doctors: ICD – ?@#&!

Doctors are used to fielding a rapid barrage of questions. We field queries from patients, nurses, and other doctors in our daily practice of medicine. In fact, part of what makes a good doctor great is good communication skills.
Dennis Bethel
September 30, 2015
Real Estate Investing

Doctors – Not For Sale

I started NestEggRx to do just that. I educate others about this asset class because I have directly experienced the benefits and I strongly believe that all physicians should learn how this asset class works and determine whether it's a fit for them.
Dennis Bethel
September 10, 2015
Real Estate Investing

#1 Worst Thing Ever To Say

Have you ever put your foot in your mouth? I mean really wedged it in there good?Not some simple little faux pas that nobody but you remembers. No, I'm talking about something epic ; a real boneheaded misstep so infamous that it will get passed down from generation to generation.
Dennis Bethel
August 2, 2015
Real Estate

Mother May I Medicine

Washington bureaucrats along with for-profit insurance companies and corporate administrators have taken over medicine and perverted its cause. They have pushed patient care to the periphery and brought the almighty dollar to the forefront of their agenda.
Dennis Bethel
July 26, 2015
Real Estate Operations

I Used To Own The Grand Canyon

A decade ago I read a few books on multifamily real estate and set off determined to buy my first apartment building. Saying I was green is a real understatement. I made a lot of mistakes with that first purchase, but I did do a few things right.
Dennis Bethel
February 24, 2015
Real Estate Investing

Multifamily Investing Using an IRA

When discussing IRAs, most people think of traditional IRAs versus Roth IRAs. The difference between these two comes down to taxes and when you pay them. With a traditional IRA, you contribute pre-tax money and grow it tax-free. The tax hit comes at the back-end when you withdraw it.
Dennis Bethel
February 15, 2015
Real Estate Investing

Why My Dad Helped Me Ditch School

When I think about time, I think about a concept called opportunity cost. Opportunity cost relates choices with scarcity. In this case, the resource that is scarce is time. Choosing to spend your time working for money has a non-monetary cost associated with it.
Dennis Bethel
November 22, 2014
Real Estate Investing

Better Investments – Why Life Insurance Companies Invest in Commercial Multifamily Real Estate

The AAA rated life insurance companies do carry a small percentage of stock holdings in their portfolios but it is insignificant in comparison to their real estate exposure. For them, commercial multifamily real estate represents the Goldilocks scenario in which they can obtain better results than their bond holdings without having to take on the significantly greater risk of the…
Dennis Bethel
September 11, 2014
Real Estate Investing

Why I Became A Polygamist

Even the process of acquiring apartments can be likened to relationships. First you develop your criteria for what you are looking for and then you start evaluating properties for possible acquisition (dating). It is not uncommon to have to look at several pretenders before finding that one contender that is worth marrying.
Dennis Bethel
August 30, 2014
Real Estate Investing

Apartment Investing For Doctors

My last blog post discussed two ways that you can profit from your skills without having to actually purchase any property. Both bird dogging and wholesaling properties can be lucrative ways to make money on real estate that you don't want to own for yourself.
Dennis Bethel
August 20, 2014
Real Estate Investing

NestEggRx Coming To Houston!

My next event is May 31st in Houston, Texas. I'm excited to be back in Texas which happens to be my favorite state to invest in. In addition to the learning event, I'll be checking on several properties I have fractional ownership interest in as well as a couple of new potential acquisitions that we'll be taking a run at…
Dennis Bethel
May 18, 2014
Real Estate Investing

Texas Multifamily Excellence – Austin Luncheon

The Texas Triangle which is loosely defined as Dallas to the north, Houston to the southeast, and San Antonio to the southwest is the largest area of population and economic growth in this country. Year after year this area grows bigger and creates more economic opportunities. Where there are jobs and people, there is demand for multifamily real estate.
Dennis Bethel
January 10, 2014
Real Estate Investing

Multifamily Real Estate Investing Is Evergreen

In the face of rapidly changing industries, businesses must be ever vigilant to grow and evolve or they too will face extinction. We have all heard that 9 out of every 10 new businesses fail. However, unlike a tree that falls in the forest, when one of these bigger companies fall, the impact can be heard and felt worldwide. Investors…
Dennis Bethel
July 3, 2013
Real Estate Liquidation

Liquidating Your Real Estate Investments

If residential real estate is your game, then these are the motivated sellers you want to buy from. Many of these will get one last kick in the pants on their way out of the real estate investing door. When you sell without a plan and without thinking about taxes, taxes will inevitably follow.
Dennis Bethel
December 3, 2012
Real Estate Investing

How Do Investors Make Money In Real Estate

With residential real estate, it can be difficult to count on any real estate appreciation.Investors are beholden to the residential market cycle and comparison appraisal model. As such, many investors have been trapped in a down market unable to refinance due to a poor appraisal environment.
Dennis Bethel
November 19, 2012