ABSTRACT
Physicians have historically been heavy investors in paper assets such as stocks, bonds, and mutual funds. From 1982 to 2000, the United States saw the greatest bull market in history. However, the decade that followed left many with little to no portfolio growth. Tired of the volatility, unpredictability, and anemic long-term returns, many physicians have been searching for investments outside of the traditional paper asset financial advisory model. In their search for better investments, more and more physicians are turning to real estate. While high-quality real estate like commercial multifamily is a superior asset class, some have shied away from investing due to lack of information, insufficient experience, insufficient capital, and fears of management headaches.
