Biggest Real Estate Mistake Doctors Make

The number one mistake we see people making is they just do it themselves.

What are the most common mistakes that private practice owners make when they're purchasing their real estate?

I'll give you three or four, and these are going to apply to whether you purchase or lease. The very first one is do it yourself. It's the doctor or the administrator that says, I don't, you know, I'm a smart, intelligent person. I know how to pick up a phone, I know how to send an email. I can negotiate, I can sign a lease. You can do every one of those things, but you can't do them as well. Someone who specializes. So the number one mistake we see people making is they just do it themselves. When a real estate listing broker or a real estate landlord gets a call from a doctor, they're, they're licking their chops. They're instantly thinking like, I'm going to take him or her for a 20% premium. I'm going to, I'm going to save myself probably 50 to $100,000 in concessions. Like, there's no respect there. The do it yourself is by far number.