Dr. David Phelps owned and managed a private practice dental office for more than 21 years. While still in dental school, he began his investment in real estate by joint-venturing with his father on their first rental property in 1980. Three years later, they sold the property and David took his $25,000 capital gain share and leveraged it into 31 properties that later produced $15,000 monthly net cash flow.
Life was good, the sky was the limit –until the dark day that David’s daughter, Jenna, was diagnosed with leukemia. In the midst of cancer treatments, epilepsy and ultimately a liver transplant for Jenna, David made the crucial decision to leave his clinical practice so that he could spend every moment with his daughter.
David’s “Plan B” (a portfolio of cash-flow producing real estate assets) gave him the freedom to focus 100% on what mattered most to him. Jenna won the battle with disease, and David still enjoys the freedom to cherish every moment with her that he can.
Today, David is a nationally recognized speaker on creating freedom, building real businesses and investing in real estate. He also combines his professional and personal experiences to illustrate how the tactical and aspirational work together.
David’s new book—What’s Your Next: The Blueprint for Creating Your Freedom Lifestyle—chronicles his story while providing guidance and a call to action to others who are yearning to experience the Freedom Lifestyle.
Visit Find Your Next to order the book and learn more.
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Disclosure of Material Connection: Some of the links in the post above are "affiliate links." This means if you click on the link and purchase the item, I will receive an affiliate commission. Regardless, I only recommend products or services I use personally and believe will add value to my readers. I am disclosing this in accordance with the Federal Trade Commission's 16 CFR, Part 255: "Guides Concerning the Use of Endorsements and Testimonials in Advertising."