Ep89: From Medicine & Marketing to Million-Dollar Real Estate with Dr. Gelerie and Erik

Finding Financial Freedom with The Frugal Physician - Finance, Wellness, Budget, Student Loans, Wealth, Doctor, Fitness, Money

In this episode of The Finding Financial Freedom Podcast, we sit down with Dr. Gelerie, an anesthesiologist with 20 years in the medical field, and Erik, an expert in teaching, marketing, PR, and photography. Together, they share their journey into real estate—how they started, the challenges they faced, and the strategies they used to build a successful investment portfolio.

From buying their first property to understanding market cycles, setting up systems, and shifting career paths, this conversation is packed with insights on making real estate work for us.

Key Topics Covered:

1. Getting Started in Real Estate

   • How Dr. Gelerie and Erik transitioned from medicine and marketing into investing.

2. Buying & Renting Their First Property

   • Lessons learned from their first real estate deal.

3. Understanding Market Cycles

   • How real estate moves in cycles and why timing matters.

4. Building Systems & Relationships for Long-Term Success

   • The key to scaling a real estate business efficiently.

5. Shifting Careers & Investing with Confidence

   • How a mindset shift helped them navigate new opportunities.

6. Investing creatively

   • Creative financing strategies that work.

7. Managing Rental Properties

   • What property management really looks like behind the scenes.

Resources Mentioned:

• Cashflow Quadrant by Robert Kiyosaki
• Rich Dad Poor Dad by Robert Kiyosaki
• BiggerPockets
• Short-Term Rental, Long-Term Wealth by Avery Carl
• EVOLVE Company

Listener Takeaways:

• You don’t need a real estate background to get started—just the willingness to learn.
• Investing with little to no money down is possible with the right strategy.
• Systems and relationships are key to scaling in real estate.

Connect with Us:

• Host: Dr. Disha Spath, The Frugal Physician

• Guests: Dr. Gelerie and Erik Stenbakken

Thank you for tuning in! Be sure to share this episode with anyone thinking about investing in real estate.

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