beyond MD with Dr. Yatin Chadha

Today I'm thrilled to host Dr. Neel Chadha. Neel is a family physician who made the bold decision to go all in on developing retirement residences for seniors.This is a story of embracing new opportunities, taking calculated risks, & pursuing a focused life to find success.Discussion Points:Introduction (1:35)From family medicine & geriatrics to developing senior homes (5:15)Neel's decision to leave the hospital & go all in on senior living (6:55)Neel's retirement residence community (9:35)Senior living in Canada - status quo, supply/demand (12:00)Investing in senior living - key metrics to track (16:25)Navigating interest rates & other challenges in 2023 - key takeaways (18:42)Why a focused life is critical for success (23:30)The importance of mentorship (26:05)What Neel wants to be known for (30:25)Closing remarks (31:10)This episode features Arya EHR - https://www.aryaehr.com/**I endorse only products/services I personally use or would use. Any income generated offsets the costs of running this podcast :)Neel:https://lanarklifestyles.ca/https://www.linkedin.com/in/dr-neel-chadha-44829013b/Yatin:Email: [email protected] LinkedIn: Yatin ChadhaWays to support beyond MD:Amex credit card referral link: https://americanexpress.com/en-ca/referral/business-platinum?ref=yATINC4uFw&XLINK=MYCPhttps://americanexpress.com/en-ca/referral/cobalt?ref=yATINCYEoc&XLINK=MYCP

The idea for today's pod was born after a riveting conversation on a flight to Florida. I'm happy to host Matthew Lee & Ming Lim from Volition Properties to learn how they've built wealth through investing in multifamily properties in the Toronto core.Discussion Points:- Introductions - worth it, I promise (1:30)- Introduction to Volition (8:15)- The investment thesis for multifamily in Toronto (10:35)- Investment locations (19:50)- Why tenants are so critical to the business model (23:45)- Are there opportunities currently in Toronto? (25:30)- What about areas outside the city core primed for more gentrification? (29:55)- How do you turn properties into meaningful cash flow later? (33:30)- The numbers behind a recent deal (44:55)- How many properties does one need to exercise this strategy? (48:10)- Price per square foot, the reason for 2-3 bedroom suites (51:00)- 101 on laneway suites & the status quo in Toronto (53:20)- Parting words (1:01:15)Volition Properties:FREE Monthly investor meetup:https://www.meetup.com/Volition/Detailed info on the condominiumization meetup Oct 29th, 2024https://www.meetup.com/volition/events/302351457/?eventOrigin=group_events_listContact info: [email protected] www.volitionprop.com 1-877-416-BRRRwww.facebook.com/VolitionPropwww.instagram.com/volitionpropertieswww.ca.linkedin.com/company/volitionpropwww.youtube.com/@VolitionPropertiesPhysician Financial Wellness Conference:https://www.physiciansficonference.com/Yatin Chadha:Email: [email protected]: Yatin ChadhaWays to support beyond MD:Share beyond MD with your networkAmex credit card referral link: https://americanexpress.com/en-ca/referral/business-platinum?ref=yATINC4uFw&XLINK=MYCP

Today is a little different on beyond MD. My incredible wife, Sima Acharya, interviews me to uncover money & life lessons I've learned over time. Plus, we talk about lessons we've learned as a couple.Discussion points:Sima's introduction (2:00)Starting an idea - how & why beyond MD came to be (6:15)Your spouse doesn't have to be a sounding board for everything (11:45)The biggest lessons learned over time (13:50)What concepts from the pod have I put into practice? (21:40)What podcast topics have I intentionally avoided today? (27:59)Lessons for the kids (33:00)Our evolution when it comes to being aligned financially (35:50)Most memorable beyond MD episodes (42:50)My 3 favourite books (45:50)My dream podcast guests (49:00)Future ideas for beyond MD (50:50)Yatin Chadha:Email: [email protected]: Yatin ChadhaWays to support beyond MD:Share beyond MD with your networkAmex credit card referral link: https://americanexpress.com/en-ca/referral/business-platinum?ref=yATINC4uFw&XLINK=MYCPBooks & resources discussed on this episode:https://andrewhallam.com/balance/https://www.amazon.ca/100-Baggers-Stocks-100-1/dp/1621291650https://www.amazon.ca/AM-Club-Morning-Elevate-Life/dp/1443456624https://www.lynalden.com/

Today I host my friend & colleague, Dr. Matt Poyner. Matt breaks down the Registered Education Savings Plan (RESP) & other ways to optimize finances when it comes to our kids' education.Matt is a long time blogger at dividendstrategy.ca, physician, & is now passionate about offering flat fee financial planning.Discussion Points:- Matt's journey & foray into financial planning (2:34)- Basic RESP overview (14:15)- RESP set up - family vs specified (21:05)- Optimal RESP contribution strategy (23:09)- Investing approach inside an RESP (31:32)- RESP withdrawals & understanding the RESP buckets (37:26)- RESP options if your child doesn't go to school (44:00)- Thoughts on optimizing student financial aid (48:44)- Spending time with the kids - Matt's perspectives (57:50)Matt:[email protected]://PoynerFinancial.cahttps://dividendstrategy.ca/blog-2/Yatin:Email: [email protected] LinkedIn: Yatin ChadhaEpisode Links:https://dividendstrategy.ca/blog-2/https://postcall.ca/subscribe?ref=YJc1MtZLsq&_bhlid=f71f181c85b22d7c236a5b072534f69e25f99241https://rhombus-butterfly-rwgm.squarespace.com/updatesininpatientmedicinehttps://www.looniedoctor.ca/2023/04/21/resp-contribution/https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/rc4092/registered-education-savings-plans-resps.html