Apr 13, 2017
Dr. Kenyon Meadows MD is a practicing Radiation Oncologist by day, but by nights and weekends he’s a self-proclaimed alternative investment enthusiast.
His new book is called Alternative Financial Medicine: High-Yield Investments in a Low-Yield World, and you can find out more about Dr. Meadows and his adventures outside the world of traditional stocks and bonds at AlternativeFinancialMedicine.com.
In this episode of The Side Hustle Show, Dr. Meadows and I dive into three different areas of alternative investments:
Dr. Meadows explains why turnkey rental properties are a becoming a popular investment vehicle right now, and a couple platforms and markets to consider. He shares how he evaluates the numbers on each deal (he now owns 7 turnkey properties) and what search criteria he uses.
(Am I the only one who can't read "turnkey" with thinking "turkey"??)
He also explains why real estate private lending is perhaps less risky than peer-to-peer lending, the sites he uses to find opportunities, and how you can get a 10-14% return on 6-18 month loans.
Business lending has also been a profitable alternative investment for Dr. Meadows, netting him an average yield of 14.5% over the last 2 years on one platform. He shares the sites he uses to find investment opportunities along with tips to help you find lower risk investment opportunities.