In this episode, Dr. Block interviews Dr. Pranay Parikh, a hospitalist and President/Principal of Ascent Equity Group. Dr. Block initially had Dr. Parikh on the show to learn more about real estate investing but ended up investing in a property offered by Ascent Equity Group. To provide value to the audience, they decided to do an interview about the investment opportunity called Cabana Encanto.  They discuss the reasons behind choosing Arizona, specifically Goodyear, as the location for the property. They highlight the population and job growth in the area and how it aligns with their investment strategy. Additionally, they mention the upcoming development projects in the vicinity that further support their investment decision. Looking for something specific within the show? Here you go! [00:00:00] Introduction and background on Dr. Pranay Parikh and Ascent Equity Group.  [00:02:00] Bradley's decision to invest in the real estate syndication and his motivation for the interview.  [00:05:00] Discussion on choosing Arizona and the specific location of Goodyear. [00:07:00] Factors that attracted them to the Encanto property.  [00:10:00] The upcoming developments and their impact on the investment opportunity. [00:26:34] Government stepped in to help.  [00:26:41] Partnering with a group to buy.  [00:26:51] Walked properties, found nicer one.  [00:27:00] Reached out to doctor investors.  [00:27:11] Vertically integrated partnership, brought vendor.  [00:27:32] Outsider's perspective benefits us.  [00:27:56] Resent doing things without reason.  [00:28:00] Disruption comes from outside industry.  [00:28:17] Lower investment bar, future advantage.  [00:29:00] Wealth management fees are painful.  [00:29:02] Money locked up, no distributions. [00:41:00] Sellers have another similar property 60 miles away. [00:41:20] Operational efficiency and raising rents add value. [00:42:17] Addressing concerns and potential risks for investors. [00:42:40] Biggest risks: interest rates and competition from new construction. [00:43:00] Profitability advantage due to lower rent costs. [00:43:26] Challenges with new construction permits and water requirements. Bio/Links! Dr. Pranay Parikh is a medical doctor, serial entrepreneur, and podcast host. His unconventional journey to medicine helped him learn the skills to excel in entrepreneurship and real estate. Over the past 36 months, he’s bought over $250 million in real estate and helped 100s of others invest in real estate without being a landlord. Ascent Equity Group Encanto Sign Up: ascentequitygroup.com/pgd Did ya know…  You can also be a guest on our show? Please email me at brad@physiciansguidetodoctoring.com to connect.  Socials: @physiciansguidetodoctoring on FB  @physicianguidetodoctoring on YouTube @physiciansguide on Instagram and Twitter This medical podcast is your physician mentor to fill the gaps in your medical education. We cover physician soft skills, charting, interpersonal skills, doctor finance, doctor mental health, medical decisions, physician parenting, physician executive skills, navigating your doctor career, and medical professional development. This is critical CME for physicians, but without the credits (yet). A proud founding member of the Doctor Podcast Network!Visit www.physiciansguidetodoctoring.com to connect, dive deeper, and keep the conversation going. Let’s grow! Disclaimer:This podcast is for informational purposes only and is not a substitute for professional medical, financial, or legal advice. Always consult a qualified professional for personalized guidance. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.