225: High-Yield Investments in a Low-Yield World

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:

1. Turnkey Rental Properties
2. Real Estate Private Lending
3. Business Lending

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.

Free Bonus: Download Dr. Meadow’s Top Alternative Investment Tips

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Learn:

• How to use “The 1% Rule” when looking for investment properties.
• How to start lending to private real estate investors.
• The advantages and disadvantages of lending online vs lending offline.
• The criteria Dr. Meadows uses to evaluate investment opportunities.
• How to get started with business lending.
• Why private real estate lending is less risky than peer-to-peer lending.
• Dr. Meadows’ #1 tip for Side Hustle Nation.

Links:

• AlternativeFinancialMedicine.com
• Alternative Financial Medicine: High-Yield Investments in a Low-Yield World
• 79 Alternative Investment Platforms
• The Best Side Hustles for Doctors
• RoofStock
• BiggerPockets
• MemphisInvest
• Chad Carson on The Side Hustle Show
• RealtyMogul
• RealtyShares (no longer accepting new investors)
• GroundFloor (just a $10 minimum investment)
• iFunding (no longer active)
• Fundrise (Disclosure: I’ve been a Fundrise investor since 2015. When you join through my referral link, I receive compensation. Opinions are my own. )
• My Fundrise Review
• Prosper (affiliate; I’m also an investor)
• LendingClub.com
• My 6-Year Prosper Returns
• FundingCircle
• P2BInvestor
• Kickfurther (affiliate; I’m also an investor)
• Trading Stocks: $1000 a day from home?
• The Side Hustle Snowball

Disclaimer:

The information contained herein neither constitutes an offer for nor a solicitation of interest in any securities offering; however, if an indication of interest is provided, it may be withdrawn or revoked, without obligation or commitment of any kind prior to being accepted following the qualification or effectiveness of the applicable offering document, and any offer, solicitation or sale of any securities will be made only by means of an offering circular, private placement memorandum, or prospectus. No money or other consideration is hereby being solicited, and will not be accepted without such potential investor having been provided the applicable offering document.  Joining the Fundrise Platform (or any other platform) neither constitutes an indication of interest in any offering nor involves any obligation or commitment of any kind.