Why This Doctor Switched from Stocks to Syndications with Vanessa Peters
Updated: Aug 27, 2022
Vanessa Peters, founder of VMD Investing has been investing in real estate for 10 years in single-family homes, commercial retail, apartment communities, self-storage and manufactured home parks. She has invested in over 4500 units across 20 properties and 5 funds.
She earned her medical degree at the University of Calgary, Alberta, Canada. She also has a thriving full-time family practice in Escondido, California, and is Chief Physician Officer for her medical group.
We talked to Vanessa about why she chose real estate investing over the stock market, syndications, ways to know an operator, and land entitlement. LISTEN HERE:
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[00:01 – 02:59] Opening Segment
Vanessa talks about her background.
Why she decided to get into real estate investing;
[02:59 – 14:44] A Dedicated Dive into Real Estate
She talks about how the power of real estate investing is really strong;
Why she switched to real estate investing from the stock market;
How the courses on Bigger Pockets helped her when she started investing;
How syndications were suitable for Venessa;
She talks about her first syndication deal;
Ways to get to know an operator;
[14:44 – 27:57] $50k Investment to Five Syndication Deals in a Year
$50k investment to five syndication deals in a year;
Some advice for those looking to be a general partner;
How Vanessa evaluates opportunities;
She talks about a deal that went south in Nashville and why it happened;
She breaks down what land entitlement is;
[27:57 – 32:39] Round of Insights
A fraudulent investment that she invested in
Most Recommended Book:
#1 Insight for Investing:
Work with people you trust, and trust your gut.
Best Place to Grab a Bite in San Diego:
“So diversifying is good, but going outside of your immediate circle increases your risk.” - Vanessa Peters
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