Quote from QQQBALL:
yeah right. Doctors are not netting $100k here in Socal. You fail to address doctors' personal overhead with houses, lifestyle, MBZ, BMWs etc. A good swimming pool cleaner might make $100k/year.
We used to have doctors & dentists as investors in deals & they are the most arrogant bastards in the world - just above attorneys. The docs would focus on one number in a proforma & miss the whole picture. on and on about one number - totally missing the important stuff.
Doctors work hard & have overhead - tough shit... so does every other business, but maybe I manage better b/c I dont have 50K in the etched glass front doors to my office, I don't drive a $150k car & I dont have a house on the beach & a ski chalet on Lakeshore Drive in Incline Village.
Alot of doctors are dopes & MD to MBA just makes me laugh - I ain't saying they aren't intelligent & educated, I'm just saying that many of them are just dopes.
We built an office building in a beach community in South Bay area of L.A. & we were trying to get a dentist to move in. The fucking retard wanted us to try & rip out his 30-year old SHIT cabinets & formica counters in his existing office & re-install them in his brand new suite.