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Scaling to 3,700 Units While Practicing Medicine With Dr. Lydia Essary
Manage episode 476048887 series 3501419
Welcome back to another insightful episode of The Physicians and Properties Podcast with your host, Dr. Alex Schloe!
In this episode, Dr. Schloe sits down with Dr. Lydia Essary, a board-certified dermatopathologist, entrepreneur, and co-founder of Lift Equity Invest. Dr. Essary has built a real estate portfolio of over 3,700 units while still practicing medicine full time—and she’s on a mission to help physicians do the same.
From passive investing to becoming a general partner in syndications, Lydia shares how she and her husband transitioned from single-family rentals to scaling multifamily deals through masterminds, mentorship, and strategic partnerships. She also dives into how the real estate professional status and cost segregation helped her legally avoid paying income taxes for four years straight.
💡 What You’ll Learn in This Episode:
✔️ How Lydia went from single-family homes to buying a 118-unit property as her first multifamily deal
✔️ Why joining a mastermind accelerated her growth and confidence as an investor
✔️ The tax-saving power of real estate professional status and depreciation
✔️ Lessons learned from working with the wrong property management company
✔️ How to partner with your spouse and get them excited about real estate
✔️ Why mentorship, community, and mindset are more valuable than any book
✔️ How physicians can use real estate to reduce burnout and create freedom
🔥 Key Takeaways:
✔️ You don’t need to quit medicine to invest in real estate—you just need a plan
✔️ Great property management can make or break your investment
✔️ The right coach or mastermind is a shortcut, not a cost
✔️ Real estate offers powerful tax advantages—but only if your CPA understands them
✔️ Financial freedom isn’t just about quitting your job—it’s about living the life you choose
Whether you're just getting started or looking to level up in multifamily, this episode is a masterclass in how to do it the smart way—without burnout.
Connect with Dr. Lydia Essary:
If you want to learn how investing in real estate can give you the freedom to practice medicine and live life how you want then check out the links below:
Facebook Community
Website
Instagram
Youtube
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