Your Financial Pharmacist
649 episodes - English - Latest episode: 20 days ago - ★★★★★ - 162 ratingsThe Your Financial Pharmacist Podcast is designed to empower pharmacy professionals to take control of their personal finances.
Disclaimer: The information on this website is provided to you for your informational purposes only and is not intended to provide, and should not be relied on for, investment or any other advice. For more information, visit https://yourfinancialpharmacist.com/disclaimer
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Episodes
YFP Real Estate Investing 63: Buying a House Without Going Inside
June 25, 2022 09:00 - 29 minutes - 27.1 MBNate Hedrick, PharmD, and David Bright, PharmD, MBA, BCACP, FAPhA, FCCP, your YFP Real Estate Investing Podcast hosts, unpack the process of purchasing real estate remotely. Key Points From This Episode A quick recap of Nate’s current property dilemma: Flip or rent. The different processes of purchasing a rental property versus a primary residence. How to act quickly on a property that is outside your market. What the realtor experiences when trying to assist investor clients from...
YFP 261: YFP Planning Case Study #2: Planning for Retirement, Saving for Kids’ College, and Paying Off Debt
June 23, 2022 09:00 - 37 minutes - 34.4 MBYFP Co-Founder & Director of Financial Planning, Tim Baker, CFP®, RLP® is joined by YFP Planning Lead Planners, Kelly Reddy-Heffner, CFP®, CSLP®, CDFA®, and Robert Lopez, CFP® to walk you through a financial planning case study on planning for retirement, saving for kids’ college, and paying off debt. Key Points From This Episode Getting to know Fiona and Rob Anderson. The home, work, and financial portfolios of our case study couple. Fiona and Rob’s investment accounts and insuranc...
Ask a YFP CFP® #119: How do we build wealth after paying off our student loans?
June 20, 2022 09:00 - 11 minutes - 13.3 MBWelcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, RLP® takes this question from the Fritsches in Troutdale, OR: How do we build wealth after paying off our student loans? Mentioned on the Show: YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning YFP Tax Send in your questions here or to [email protected] Your Financial Pharmacist Disclaimer and Disclosure...
YFP Real Estate Investing 62: Revisiting Fundamentals in a Changing Real Estate Market
June 18, 2022 09:00 - 43 minutes - 39.8 MBBlake Johnson, PharmD, and Zac Hendricks return to the YFP Real Estate Investing Podcast to discuss their investment strategy and how they manage risk in a changing real estate market by returning to the fundamentals. Key Points From This Episode A welcome back to Blake and Zac. An overview of the guests, their careers, and their real estate background. Looking at the changes in the market over the last year and how to adjust your strategies. Blake’s endless energy and inability t...
YFP 260: Why It’s Critical for Women to Take Control of Their Personal Finances
June 16, 2022 09:00 - 30 minutes - 27.5 MBRobin Hauser, an award-winning director and producer, talks about her most recent documentary, $avvy, which explores why it’s critical for women to understand and take control of their personal finances. Key Points From This Episode Robin’s real-world example of unconscious bias. The gender-based stereotypes surrounding finances. How day-to-day and long-term financial planning responsibilities differ in a household. Why a woman’s lifespan is an important consideration. The bigges...
Ask a YFP CFP® #118: What options do I have if I am on FMLA leave for an extended period of time without income?
June 13, 2022 09:00 - 11 minutes - 13 MBWelcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, RLP® takes this question from Rachel in Spartanburg, SC: What options do I have if I am on FMLA leave for an extended period of time without income? Mentioned on the Show: YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning Send in your questions here or to [email protected] Your Financial Pharmacist Disclaime...
YFP Real Estate Investing 61: Keeping vs. Selling in a Hot Market
June 11, 2022 09:00 - 46 minutes - 64.3 MBNate Hedrick, PharmD, and David Bright, PharmD, MBA, BCACP, FAPhA, FCCP, your YFP Real Estate Investing Podcast hosts, discuss how to decide whether to keep or sell a rental property in a hot real estate market. Key Points From This Episode The necessary discussions to have when ending a rehabilitation project. How a fluctuating market changes our decisions. Why you should be careful and methodical to maximize investment. The difficult choice between keeping the property as a rental a...
YFP 259: Building a Medical Writing Business with Megan Freeland
June 09, 2022 09:00 - 46 minutes - 42.8 MBMegan Freeland, PharmD, talks about her career path in medical writing, the types of health content writing that might interest pharmacists, and how she created the Health Professionals to Health Writers program. Key Points From This Episode Understanding Megan Freeland’s career by looking at her interests and background in pharmacy. How to apply knowledge and experience in pharmacy to the public health system. What opportunities Megan took to further explore public health training and ...
Ask a YFP CFP® #117: How and when should I make extra payments on my student loans?
June 06, 2022 09:00 - 6 minutes - 7.15 MBWelcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, RLP® takes this question from Carol in Missoula, MT: How and when should I make extra payments on my student loans? Mentioned on the Show: YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning Learn More About Our 1:1 Student Loan Analysis with a CFP® Send in your questions here or to [email protected] Your ...
YFP Real Estate Investing 60: Helping a Pharmacist Go From “None to One”
June 04, 2022 09:00 - 33 minutes - 30.5 MBMarissa Deuel, PharmD, shares her experience in the first cohort of the None to One Group Coaching Program and her successful approach to investing in real estate. Key Points From This Episode An introduction to today’s guest, Marissa Deuel. Marissa's pharmaceutical background and her connection to the hosts. The motivation behind Marissa’s property investment. The clear criteria to filter through potential properties. Why you should always check your numbers before investing. ...
YFP 258: How Much Home Can You Afford?
June 02, 2022 09:00 - 36 minutes - 33.3 MBTony Umholtz talks through how to determine how much home you can afford. Key Points From This Episode An overview of today’s guest, Tony Umholtz. How the real estate purchase market has not slowed down but refinancing has. Why we are in a seller’s market. What rate hikes mean and the impact they have on mortgage rates. The impact inflation will have on rates. Why locking as soon as possible is preferable when purchasing a home. What the 28-36 rule is. What banks consi...
Ask a YFP CFP® #116: How can I balance home buying with student loans?
May 30, 2022 09:00 - 9 minutes - 11.1 MBWelcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, RLP® takes this question from Jordan in Columbus, Ohio: How can I balance home buying with student loans? Mentioned on the Show: YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning Your Financial Pharmacist: Home Buying Three Strategies for Buying a House with Student Loans Send in your questions here or to info@yourfina...
YFP Real Estate Investing 59: Generational Wealth Building Through Real Estate Investing
May 28, 2022 09:00 - 33 minutes - 31 MBTony Guerra, MHCI, PharmD discusses how he has built his real estate investment portfolio and how he is using those investments to build generational wealth. Key Points From This Episode Tony’s professional background as a pharmacist. What motivated Tony to begin investing in real estate. Learn the value of intergenerational wealth and knowledge. What Tony’s approach ultimately aims to achieve through finance and investing. A brief rundown of Tony’s real estate investment backgroun...
YFP 257: How This Pharmacist Helps Others Transform and Advance Their Practice to Have a Joyful Career
May 26, 2022 09:00 - 50 minutes - 46.2 MBDr. Kimber Boothe, PharmD, MHA, talks about her career in health systems and the pharmaceutical industry, why she founded the Kimber Boothe Group, how she has monetized her expertise, and the lessons she’s learned from publishing her second book, ‘Pharmfluencers: The Inspiring Stories of Pharmacy Entrepreneurs.’ Key Points From This Episode Dr. Boothe’s career path in pharmacy, from clinical roles to leadership and consulting. Defining intrapreneurship versus entrepreneurship. The pro...
Ask a YFP CFP® #115: How should I adjust my budget to prepare for my first child?
May 23, 2022 09:00 - 10 minutes - 11.7 MBWelcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, RLP® takes this question from Blake in Indianapolis, IN: How should I adjust my budget to prepare for my first child? Mentioned on the Show: YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning How To Prepare Financially When Expecting 5 Key Financial Moves to Make with a New Baby Send in your questions here or to info@you...
YFP Real Estate Investing 58: Deep Dive: Planning for Closing Day
May 21, 2022 09:00 - 32 minutes - 29.5 MBNate Hedrick, PharmD and David Bright, PharmD, MBA, BCACP, FAPhA, FCCP do another deep dive, this time covering how to navigate the major milestones in the real estate purchase process and planning for closing day. Key Points From This Episode Discussion about some of the worries and issues surrounding closing a deal. The difference in approach when buying a property for yourself or as a realtor. Outline of today’s topic: things that need to happen right before closing day. Key mile...
YFP 256: Why YFP Planning’s Lead Financial Planners Are All CFPs®
May 19, 2022 09:00 - 30 minutes - 41.4 MBYFP Planning Financial Planner, Kimberly Bolton, CFP® discusses why the CFP® designation is the most valuable credential when providing comprehensive financial planning, why the term financial planner in and of itself doesn’t mean a whole lot, what questions you can ask to find a planner who is a good fit for you, and what someone can expect when working with a financial planner. Key Points From This Episode Background on Kim’s professional journey to becoming a CFP®. What inspired her to...
Ask a YFP CFP® #114: Should we pay off our student loans now or wait to see if the Biden Administration forgives any loans?
May 16, 2022 09:00 - 9 minutes - 10.8 MBWelcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, RLP® takes this question from Megan in Columbus, OH: Should we pay off our student loans now or wait to see if the Biden Administration forgives any loans? Mentioned on the Show: YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning YFP 248: How 3 Pharmacists Had $700,000 of Student Loans Forgiven Learn More About Our 1:1 Stu...
YFP Real Estate Investing 57: How a Full-Time Pharmacist Self-Manages 48 Units
May 14, 2022 09:00 - 41 minutes - 37.8 MBDrew Stahl, a clinical pharmacist specialist, shares how he self-manages 48 rental units as a full-time pharmacist. Key Points From This Episode We find out Drew’s professional background as a pharmacist. Drew explains his journey investing in real estate. A brief breakdown of Drew’s current property portfolio. An example of the after-hours effort that Drew has put into his properties. Reasons why Drew focuses on single-family homes for his portfolio. Drew shares his approach to r...
YFP 255: Own Your PharmD, Own Your Career with Ashlee Klevens Hayes and Chris Cozzolino
May 12, 2022 09:00 - 36 minutes - 33.3 MBYFP Co-Founder & CEO, Tim Ulbrich, PharmD, welcomes back to the show Ashlee Klevens Hayes & Chris Cozzolino, two pharmacists and entrepreneurs. Together, they discuss the new book Ashlee and Chris have co-authored: ‘Own Your PharmD, Own Your Career: Real Life Advice from 50+ Pharmacy Leaders and Influencers.' Key Points From This Episode Introduction and a brief background about today’s guests. The motivation behind Ashlee’s and Chris’s decision to write a book. What Chris’s and Ashle...
Ask a YFP CFP® #113: How risky should I be with my investments at age 34?
May 09, 2022 09:00 - 13 minutes - 15.9 MBWelcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, RLP® takes this question from D'Yana in Atlanta, GA: How risky should I be with my investments at age 34? Mentioned on the Show: YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning Send in your questions here or to [email protected] Your Financial Pharmacist Disclaimer and Disclosures Disclaimer: This podcast...
YFP Real Estate Investing 56: Three Keys for Finding Houses in a Low Inventory Market
May 07, 2022 09:00 - 24 minutes - 22.7 MBNate Hedrick and David Bright discuss three key approaches for finding and purchasing real estate investment properties in a low inventory market. Key Points From This Episode Nate and David discuss the current trends in the market. Reasons for difficulties experienced with inventory currently. Peace of mind working with a realtor can give you. How having a great team does not always protect from inventory shortages. Setting criteria and being able to adapt to the changing market. ...
YFP 254: Home Buying Search: What to Do and What to Avoid
May 05, 2022 09:00 - 25 minutes - 23.2 MBNate Hedrick, The Real Estate RPh, and co-host of the YFP Real Estate Investing Podcast, discusses evaluating online home listings, why open houses exist, how real estate agents get paid, and how the home buying concierge service he developed can help first-time homebuyers. Key Points From This Episode The resources that prospective buyers can use to search for homes. Nate gives us an outline of the Multiple Listing Service (MLS). What to look out for when viewing listings. Being a...
Ask a YFP CFP® #112: What is an Exchange Traded Fund (ETF) and how does it compare to a mutual fund?
May 02, 2022 09:00 - 10 minutes - 11.5 MBWelcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, RLP® takes this question from James in Bellingham, WA: What is an Exchange Traded Fund (ETF) and how does it compare to a mutual fund? Mentioned on the Show: YFP Planning: Financial Planning for Pharmacists Send in your questions here or to [email protected] Your Financial Pharmacist Disclaimer and Disclosures Disclaimer: This podcast is intended for educat...
YFP Real Estate Investing 55: Partnering for Success in Long Term Rentals
April 30, 2022 09:00 - 31 minutes - 28.4 MBPaul Hinckley, PharmD, CSPI, makes his second appearance on the podcast, sharing his most recent rental portfolio growth and best practices for success in partnerships for long-term rental investments. Key Points From This Episode An introduction to Paul Hinckley and his professional background. The motivation behind Paul’s decision to scale his real estate portfolio. How Paul was able to find the real estate investment property he recently purchased. The importance of being patient...
YFP 253: YFP Planning Case Study #1: Growing a Family, Paying Off Student Loans, and Buying a House
April 28, 2022 09:00 - 44 minutes - 40.6 MBYFP Co-Founder & Director of Financial Planning, Tim Baker, CFP®, RLP® is joined by YFP Planning Lead Planners, Kelly Reddy-Heffner, CFP®, CSLP®, CDFA®, and Robert Lopez, CFP® to walk you through a financial planning case study on growing a family, paying off student loans, and buying a house. Key Points From This Episode Introducing YFP Lead Planners, Kelly Reddy-Heffner and Robert Lopez. Describing the fictitious family of today’s case study: Jason and Lauren Jones. The Joneses’ ea...
Ask a YFP CFP® #111: Is non-PSLF forgiveness an option for a non-retail pharmacist?
April 25, 2022 09:00 - 17 minutes - 19.5 MBWelcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, RLP® takes this question from a member of the YFP Facebook Group: Is non-PSLF forgiveness an option for a non-retail pharmacist? Mentioned on the Show: YFP Planning: Financial Planning for Pharmacists Join the Your Financial Pharmacist Facebook Group Your Financial Pharmacist Webinars Learn More About Our 1:1 Student Loan Analysis with a CFP® YFP 248: How 3 Pharmaci...
YFP Real Estate Investing 54: Using Cost Segregation to Optimize Real Estate Tax Benefits
April 23, 2022 09:00 - 31 minutes - 29.2 MBTodd Strumpfer, a senior account executive at Cost Segregation Services, Inc., discusses depreciation, its importance in real estate investing, and why pharmacist real estate investors should consider cost segregation services for their properties. Key Points From This Episode Welcome to Todd Strumpfer, senior account executive at Cost Segregation Services, Inc. What depreciation is from a tax standpoint, and how it differs from the property dropping in value. Breaking down the lump dep...
YFP 252: One Pharmacist's Journey in Entrepreneurship and Independent Pharmacy
April 21, 2022 09:00 - 36 minutes - 33.6 MBEmlah Tubuo, the owner and pharmacist in charge at Powell Pharmacy & founder of Emlah Naturals, a pharmaceutical-grade supplement line, shares why she decided to start her own business, the challenges she has had to overcome in starting and running a business, and how she defines personal and professional success. Key Points From This Episode Emlah’s professional background and training. How Emlah was able to study abroad to further her career. The first job Emlah had after graduat...
Ask a YFP CFP® #110: How should we handle money the kids get considering their 529 accounts are well funded?
April 18, 2022 09:00 - 14 minutes - 16.3 MBWelcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, RLP® takes this question from a member of the YFP Facebook Group: How should we handle money the kids get considering their 529 accounts are well funded? Mentioned on the Show: YFP Planning: Financial Planning for Pharmacists Join the Your Financial Pharmacist Facebook Group The Opposite of Spoiled: Raising Kids Who Are Grounded, Generous, and Smart About Money by Ron Lie...
YFP Real Estate Investing 53: Understanding and Vetting Syndications with Senate Eskridge
April 16, 2022 09:00 - 38 minutes - 35.1 MBSenate Eskridge, a professional real estate investor, talks about what real estate syndication is, how it works, and what a professional real estate investor looks like. Key Points From This Episode Introduction and brief outline of today’s show. We find out more about Senate’s professional background. Benefits that investors will get when working with Senate in real estate. Skillsets and personal qualities required for Senate’s line of work. What the difference is between a limit...
YFP 251: Zero to One: How to Get Started in Real Estate Investing
April 14, 2022 09:00 - 32 minutes - 29.6 MBNate Hedrick and David Bright, co-hosts of the YFP Real Estate Investing Podcast, share their top tips and strategies for getting started in real estate investing. Key Points From This Episode An update from David and Nate regarding their coaching program. The importance of having a strong personal financial foundation. How to break down real estate investing. Categories best suited for first-time investors. Nate shares the team aspect of real estate investing to bring down th...
Ask a YFP CFP® #109: What is tax loss harvesting and when/how should this strategy be used?
April 11, 2022 09:00 - 21 minutes - 24.4 MBWelcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, RLP® takes this question from Andrew in the YFP Community: What is tax loss harvesting and when/how should this strategy be used? Mentioned on the Show: YFP Planning: Financial Planning for Pharmacists The Snowball: Warren Buffett and the Business of Life by Alice Schroeder Send in your questions here or to [email protected] Your Financial Pharmacist Disc...
YFP Real Estate Investing 52: Six Considerations for Making an Offer and Getting the Deal
April 09, 2022 09:00 - 23 minutes - 21.6 MBNate Hedrick and David Bright reflect on the past year, what they have learned, and share six considerations for making an offer and getting the deal. Key Points From This Episode Reflections on a year of this podcast and the growth that our hosts have seen. The common theme that pharmacists are detail-oriented and risk-averse. Today’s topic: how to avoid analysis paralysis and get started in real estate investing. The first of the six things to help with rapid-fire decision-making...
YFP 250: 10 Takeaways from 50 Financial Conversations with Pharmacists
April 07, 2022 09:00 - 37 minutes - 42.6 MBYFP Director of Business Development, Justin Woods, PharmD talks about 10 takeaways from more than 50 discovery calls he’s conducted, where he has had a close look at the financial goals and concerns of pharmacists across the country. Key Points From This Episode What YFP Planning has to offer clients and what discovery calls are. Why people feel guilty about their financial situation when seeking advice. The concerns clients have regarding saving up for retirement. The prevalence of ...
Ask a YFP CFP® #108: Should I invest in my company 401(k) given my limited hours and associated fees?
April 04, 2022 09:00 - 8 minutes - 9.16 MBWelcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, RLP® takes this question from the YFP Facebook Group: Should I invest in my company 401(k) given my limited hours and associated fees? Mentioned on the Show: YFP Planning: Financial Planning for Pharmacists Join the Your Financial Pharmacist Facebook Group YFP 208: Why Minimizing Fees On Your Investments Is So Important Send in your questions here or to info@yourfinanci...
YFP Real Estate Investing 51: Mindset-Driven Real Estate Investing
April 02, 2022 09:00 - 35 minutes - 32.5 MBDr. Louisa Wolowiecki discusses her entrepreneurial journey, her ‘life by design’ mindset, and some hard and fast rules for real estate investing as a pharmacist. Key Points From This Episode Jumping right in with Dr. Wolowiecki's varied pharmacy career. Becoming a pharmacist in a time when it was a much more male-dominated field. What drew her to entrepreneurship and the low-risk low-barrier way she entered the field. Discussing burnout and the realizations that many people had duri...
YFP 249: 3 Silent Killers to Your Investments
March 31, 2022 09:00 - 40 minutes - 46.7 MBYFP Co-Founder and Director of Financial Planning, Tim Baker CFP®, RLP®, talks about the three silent killers of your investment pie and how to keep your investment portfolio fit. Key Points From This Episode An introduction to today’s topic. The importance of including tax in your financial plan. How tax permeates all parts of your financial plan. Tim Baker shares some of his experiences regarding tax, working as a financial planner. Some examples of simple tax reduction strategi...
Ask a YFP CFP® #107: Where should I start investing if I have disposable income available?
March 28, 2022 09:00 - 9 minutes - 11.3 MBWelcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, RLP® takes this question from a member of the YFP Facebook Group: Where should I start investing if I have disposable income available? Mentioned on the Show: YFP Planning: Financial Planning for Pharmacists Join the Your Financial Pharmacist Facebook Group YFP 072: Investing Mind Tricks: How Behavioral Bias Affects Our Decisions YFP 073: How to Determine the Priority ...
YFP Real Estate Investing 50: Deep Dive Into Spreadsheet Analysis
March 26, 2022 09:00 - 33 minutes - 30.3 MBNate Hedrick and David Bright do a deep dive into real estate investing spreadsheet analysis, covering how to analyze a property with different angles, strategies, and methods. Key Points From This Episode The advantages of a simple starting point when investing. Highlights of the current success of the ‘None to one’ course. The focus of today’s episode: financial planning for real estate investing. Nate tells us about an interesting investment in the Cleveland area. What the 1% rul...
YFP 248: How 3 Pharmacists Had $700,000 of Student Loans Forgiven
March 24, 2022 09:00 - 47 minutes - 43.5 MBRobert Lopez, CFP® and YFP Planning Lead Planner, discusses the current state of the PSLF program, plus three pharmacists share their PSLF success stories. Key Points From This Episode Introducing today’s topic: the PSLF success stories of three pharmacists. A reminder of who Robert Lopez is and his role at Your Financial Pharmacist. An overview of the first and second half of the show and what we will cover. The basics of PSLF, Public Service Loan Forgiveness, and who qualifies. W...
Ask a YFP CFP® #106: Can I contribute to my Roth IRA if I'm over the income limit this year?
March 21, 2022 09:00 - 7 minutes - 8.81 MBWelcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, RLP® takes this question from a member of the YFP Facebook Group: Can I contribute to my Roth IRA if I'm over the income limit this year? Mentioned on the Show: YFP Planning: Financial Planning for Pharmacists Join the Your Financial Pharmacist Facebook Group Send in your questions here or to [email protected] Your Financial Pharmacist Disclaimer and Discl...
YFP Real Estate Investing 49: Scaling Big from a Single Family House with the Flying Investor
March 19, 2022 09:00 - 44 minutes - 40.4 MBDrew Wiard, The Flying Investor, discusses his prolific success in real estate investing, scaling from single family homes to multi-million dollar syndication deals. Key Points From This Episode Jumping in with Drew Wiard's background and real estate career. He shares the 'why' behind his prolific success. The stepping stones that took him from one house to multifamily syndicated deals. The focus of his first few years and the type of unit that became his bread and butter. What d...
YFP 247: 10 Common Financial Mistakes Pharmacists Make
March 17, 2022 10:00 - 37 minutes - 34.4 MBYFP Co-Founder & CEO, Tim Ulbrich, PharmD, talks about ten common financial mistakes that pharmacists make. Key Points From This Episode The number one mistake on our list: paying too much interest on your student loan debt. Tim shares the way to shift your mindset away from the 'monopoly money' feeling. Diving into student loan strategy and the different buckets to consider. Talking about service loan forgiveness and PSLF strategy, and how to maximize these. Why emergency funds...
Ask a YFP CFP® #105: What tax implications are there when using HSA funds as "play money"?
March 14, 2022 09:00 - 8 minutes - 9.68 MBWelcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, RLP® takes this question from Brian in Buffalo, New York: What tax implications are there when using HSA funds as "play money"? Mentioned on the Show: YFP Planning: Financial Planning for Pharmacists YFP 165: The Power of a Health Savings Account Send in your questions here or to [email protected] Your Financial Pharmacist Disclaimer and Disclosures Disc...
YFP Real Estate Investing 48: Seven Overlooked Rental Property Expenses
March 12, 2022 10:00 - 28 minutes - 26.2 MBNate Hedrick and David Bright, your podcast hosts, discuss seven frequently overlooked rental property expenses that real estate investors should consider. Key Points From This Episode The opportunity we have during tax season to evaluate what we have done. How certain things get overlooked when a property has not been tenanted. An introduction to today’s topic: the often overlooked expenses attached to real estate. Why tenant turnover cost is a factor: marketing, applications, open ...
YFP 246: Why This Pharmacy Entrepreneur is on a Mission to Make Pharmacy Profitable Again
March 10, 2022 10:00 - 44 minutes - 40.8 MBDr. Lisa Faast, Founder & CEO of DiversifyRx, discusses her mission to make pharmacy profitable again. Key Points From This Episode Hear the story of Lisa's grandmother and how she was drawn into this profession. The roundabout path from her first job out of pharmacy school to pharmacy ownership. What gave her the confidence to take a leap of faith and start Faast Pharmacy. The biggest lessons she learned as an entrepreneur and business owner! Juggling life as a first-time mom and f...
Ask a YFP CFP® #104: What financial considerations should my fiancé and I think about before getting married?
March 07, 2022 10:00 - 9 minutes - 11.4 MBWelcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, RLP® takes this question from Martika in Owensboro, Kentucky: What financial considerations should my fiancé and I think about before getting married? Mentioned on the Show: YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning 10 Financial Discussions Every Couple Should Have Send in your questions here or to info@yourfinanci...
YFP Real Estate Investing 47: 5 Things to Know Before Walking a House with Your Realtor
March 05, 2022 10:00 - 38 minutes - 35.4 MBReal estate agent, Carly Swihart, discusses five things to know before walking a house with your realtor. Key Points From This Episode Introducing Carly Swihart and how she accidentally found her love of real estate. Diving into the five things investors need to know before walking a house. Having a good relationship with a lender and knowing what your options are. The difference between pre-approval and pre-qualified. Carly's top advice to first-time local investors on how to get...
YFP 245: Getting Under Contract in a Competitive Home Buying Market
March 03, 2022 10:00 - 33 minutes - 38.4 MBTony Umholtz, a Mortgage Manager for First Horizon, discusses getting under contract in a competitive home buying market. Key Points From This Episode Hear about Tony's background and the work he's doing right now with First Horizon. How we're still at historically low-interest rates, even with the recent rise we're seeing. Some context on the current market and why we currently have a housing shortage. Tony shares why it matters what type of loan you get. Important factors to co...