S3 E6 Empowering Women Through Coaching and Real Estate with Dr. Heather Awad

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In this conversation, Heather Awad, MD, shares her journey from practicing medicine to coaching professional women through the menopause transition and beyond. She discusses the stress of traditional medical careers compared to the freedom of entrepreneurship, her experiences in real estate investing, and the importance of conservative underwriting in syndications. Heather emphasizes the value of collaboration and learning from others in the real estate space, as well as the significance of finding the right investment opportunities. In this conversation, Heather Awad, MD, shares her experiences and insights into real estate investment, particularly from the perspective of a physician. She discusses the complexities of managing multiple properties, the importance of understanding legal risks, and the necessity of having clear performance indicators. Heather emphasizes the value of accountability and the need for effective bookkeeping to navigate the challenges of real estate investment. She also offers advice for aspiring investors, encouraging them to take action and not delay their investment journey.

Takeaways

• Heather transitioned from family medicine to coaching women in menopause. 
• She emphasizes the stress reduction that comes with entrepreneurship. 
• Real estate is a way to diversify income and reduce job dependency. 
• Conservative underwriting is crucial for successful syndications. 
• Collaboration with a strong team enhances real estate ventures. 
• Heather's background in medicine informs her coaching approach. 
• She values geographic freedom in her new career. 
• Investing in real estate has been a family tradition for Heather. 
• Understanding the market is key to successful real estate investments. 
• Syndications can offer better returns when managed directly. Real estate investment can be complex but manageable. 
• Understanding legal risks is crucial for property owners. 
• Effective property management requires good bookkeeping. 
• Key performance indicators help track investment success. 
• Accountability among partners is essential in real estate. 
• Investing locally can provide better oversight. 
• Hiring professionals can alleviate management burdens. 
• It's important to inspect what you expect in investments. 
• Physicians should not wait to scale their investments. 
• Building relationships in real estate is key to success. 

Important Links:
Linkedin: https://www.linkedin.com/in/heatherawadmd/
Insta: https://www.instagram.com/heatherawadmd/
Website: https://www.vibrant-md.com/