What if one accident could erase everything you’ve worked for? In this episode, Dr. Jeff Anzalone reveals how a career-ending injury became the catalyst for lasting financial freedom. He shares the mindset shift that turned fear into opportunity and built true passive income. Listen now to discover how one life-changing moment can redefine your path to wealth and independence.

Key takeaways to listen for

• Why an injury can expose the risk of relying on a single active income stream
• The key mindset shift between being debt-free and being financially free
• How Dr. Jeff lost $50,000 on a crowdfunding deal and what he learned from it
• Why the operator matters more than the projected returns
• How setting clear goals helps you choose the right operator, asset class, and deal

Resources mentioned in this episode

• Who Not How by Dan Sullivan and Dr. Benjamin Hardy | Kindle, Hardcover, and Paperback
• Financial Peace by Dave Ramsey | Hardcover and Paperback
• Rich Dad's Cashflow Quadrant by Robert T. Kiyosaki | Kindle and Paperback
• The Hands-Off Investor by Brian Burke | Kindle and Paperback

About Dr Jeff Anzalone

Dr. Jeff is a Louisiana-based periodontist, real estate investor, and founder of DebtFreeDoctor.com, a financial education platform for doctors and high-income professionals. After a skiing accident nearly ended his clinical career, Jeff realized that being debt-free is not the same as being financially free. Determined to protect his family’s future, he began building multiple streams of passive income through real estate syndications and other cash-flowing assets. Today, he helps medical and dental professionals replace active income, reduce tax burdens, and achieve financial independence so they can stop trading time for money and start living life on their own terms.

Connect with Dr. Jeff

• Website: Debt-Free Doctor 
• YouTube: Debt Free Doctor

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Jeff Anzalone: 00:00:00

Surround yourself with people that are smarter than you that help you do that. Biggest cheat code at life is find the person that has what you want and go pay them or go work before.

Neil Henderson: 00:00:18

Welcome to Truly Passive Income. I'm Neil Henderson.

Clint Harris: 00:00:20

And I'm Clint Harris. And Today's guest is Dr. Jeff Anzalone.

He's a Louisiana periodontist turned real estate investor and founder of debtfreedoctor.com after skiing accident nearly ended his dental career, Jeff built multiple passive income streams through real estate syndications.

Now he helps high income professionals replace clinical income with tax efficient cash flowing investments and teaches why being debt free isn't the same as being financially free. Dr. Anzalone, Jeff, thank you so much for being with us today. How are you sir?

Jeff Anzalone: 00:00:52

Doing great. Thanks for joining me.

Clint Harris: 00:00:55

Absolutely. We're excited to have you here.

I, I'm especially grateful anytime we have anybody that came from a medical background just because I, I walk, walk for 16 years myself. Tell us a little bit about yourself.

I'd love to hear about obviously your medical career when you started getting interested in real estate, if that happened out of necessity from your accident, kind of lay the foundation of that story for us.

Jeff Anzalone: 00:01:17

started a, a practice back in: 2005

So that immediately put us into more of a scarcity type mode because you know, when you get out of school you're thinking, oh, I'm gonna make this big salary and you got all these dreams and then it's like, oh, you know, it's taken away from you. So that took me a while to get out of that, that sort of mindset, I guess.

But back then in: 2005

We cleaned up 300,000 student loan debt, paid off that first house, got the practice 401k. All that after about seven and a half years.

And then I was like, okay, I'm going to do what all the other dentists do, just work until you're 60, 65 or whatever. I didn't know any other way. And I was 40, no skin.

My kids were 8 and 6 years old and unfortunately I had an accident, fell, I hurt my wrist and that was a wake up call to me that was, made me realize that maybe debt free isn't the answer because you still have to work. And then I figured out, well, I needed to figure out that I had to figure out ways to keep another streams of income for my family.

Not going out and buying a bunch of cars and houses and all that. It was, if I can't practice, how am I going to feed my family? And then that eventually led me into why you and I are talking.

Neil Henderson: 00:03:08

So, you know, I talk about this a lot, is that when people are considering investing, it's not just about building for retirement. Each and every one of us is one accident away from losing our income.

If you only have one income, and especially, you know, even a high income earner like a periodontist or a surgeon, you know, if you hurt your hand, your ability to work is gone until you're healed, you know, it's such an important factor to consider. Was it something you had considered beforehand at all? I mean, did you have any kind of disability insurance, anything like that?

Jeff Anzalone: 00:03:45

Yeah, I had the regular disability insurance. I just overhead insurance again, doing what all dentists do. But you never think about not being able to work.

You know, kind of like if you made it into NFL, you never really think about, you know, if you're in high school and college and NFL, you don't think about, okay, I can only, I can only play for a year when I'm gonna, you're thinking, I'm gonna play, you know, and had somebody tell me this morning about.

It was a dentist out of this brain tumor and she told me, said, you know what, you never really change your life until you get that diagnosis or something happens. Think about the heavy person that seemed in years and you see the guy and you're like, man, how'd you lose £100? What do they usually say?

I had chest pain, I had a heart. It was something. Had a diagnosis to make them change their life. And I think that's why I actually follow through with it because I have a strong why.

And most of, the, most of the people that come to ask for advice, I can tell just by conversation they're not going to go through anything because they don't, they don't have a strong enough why to really get them to do that. And it's hard, it's tough. You have to be consistent with it. It's just great. Going to work. I want to, not because I have to.

Clint Harris: 00:05:09

I love that. It kind of reminds me of A.J.

osborne, one of our, technically he's a competitor of ours, but he's another self storage guy and he had a health scare that he Talks very openly about, about having, about with Guillain Barre. And he went from being an active guy out and about to being a quadriplegic.

And it's, it's one of those situations where you don't know what you have until it gets taken away from you. And I think it's really interesting how that can shape people's perspective.

And if you zoom out or if you have a family that has ever received a bad diagnosis. My, my mother in law passed away from early onset dementia decades before anybody thought that was even in the realm of possibility.

If you've ever seen that, I think it kind of changes your mentality is that sometimes something deep in you starts preparing for a rainy day in a different way. Like you're like, I'm basically, I'm 43 years old preparing for some future event that could devastate my family.

And I've seen just enough of that to know that at some point it's going to happen. It's going to happen to all of us in some capacity.

And that can mean that it happens to me or it can mean that it happens to somebody else that I'm close with and I need to be in a position to be present and be available to help them. And I think that that's the difference. I mind, in my mind between being debt free and financially free.

The financial independence means that you are independent to make decisions without money and paying your bills being the motivating factor. Your motivating factor can be how do I take care of the people that I love? Or how do I take care of myself?

And that's not something you always, you always see. Now you started passively investing. I, I know that you do investing into RV parks and mobile homes.

Kind of a little bit of a shift here is that I'm curious about this part. Obviously, as a working professional, you don't have a ton of time. And so it seems natural for you to start looking at passive investment strategies.

Did you start looking at syndication and passive strategies because of the time limitations that you had? And then how did you gravitate towards the RV parks and the mobile home parks?

Jeff Anzalone: 00:07:20

Yeah, you know, back then I thought getting into real estate, you go buy a house and you put a tenant in it.

And I was getting ready to buy a single family house here, had a friend that was helping me and I wound up going to a meeting in Dallas that a dentist was putting on about real estate. So I said, okay, I'm gonna go learn how to be a better landlord.

And it really opened my eyes to all the different ways you could deaths in real estate. I never heard of syndicate. I never heard of, you know, different hard money lending and all these different things and, and it.

That's what made Back then crowdfunding was just starting to get big. And I started off doing a little bit of crowdfunding and I wrote an article about how I lost $50,000 with realty shipping dot com.

And most people would agree but again I was learning making a little bit of money. But I figured out who you invest with more than I'm just putting and I've lost a lot of money along the way.

Partnerships with Long Brew did apartments, storage, airbnb and I just made connections people that run mobile homes, parks. I'm from Louisiana. It made sense to me and it's just fantastic.

Neil Henderson: 00:08:46

You said you lost that first $50,000 on that deal in realty shares and you said, you know, the one lesson you learned was, you know, it sounds like, you know, bet on the operator, not the deal. What other lessons did you take away from that first deal?

Jeff Anzalone: 00:09:03

The biggest lesson was I didn't know what I would do. I was looking at a picture of an apartment Dahmer City and I was looking at these numbers and whatever the high. You know, I'm looking at these.

I mean they can. They want on. I was just looking at all that looks good. That's pan.

It was kind of like window shop, you know and that's, that's how I started and you know, too much is given much of hard. Yeah. You know, basically it showed itself pretty quickly. But I took a step back.

I started meeting the people, learning from people and realized that what they say these crowdfunding sites, that they vet all these people and all this, it's not true at all. And I know for a fact. So my advice is if you do crowdfunding, make sure that you're able to talk to the people, the sponsors you're investing with.

You go to the projects, you talk to other, other investors that really you're gonna. If you can invest a considerable amount of money, I would. It's not like buying a hundred dollars worth out the stock.

If you're putting six figures in this office, I recommend you do your own due diligence. And I didn't do.

Neil Henderson: 00:10:21

Well, I, I think you made a classic mistake that a lot of of people who LPs first mistake when they first learned about syndication, which is they start irr shopping. You know, oh, if I, you know, I got this deal that's you know, five year deal pays out 21%.

Oh, but I got this one over here that you know, says it pays out 25 in five years. You know, and they, with no consideration for really, for who's the operator. You know, what, like really, you know, what's the track record?

Who are the other investors? You know, know, really digging into the deal and, and being careful. You know, a lot of people will say, well, you really got to know the deal.

You know, here's the, here's the thing. As an lp, you're not going to know the deal all that well. That's just not, you know, you're not living this every day.

I mean, certain things that you need to understand, you know, you need to understand that that operator is giving a pro forma, it's their best guess. And really what you're looking for is to understand how good is their best guess.

Yeah, and I think really what you need to come, you know, the way you do that is sort of get a feel for what their background is. How many deals have they done? Is this their first deal in that space?

You know, it's just that's kind of typically where I, when I'm advising people on getting into being a professional LP is where they start.

Clint Harris: 00:11:42

What I think that that's, there's more to unpack there. I think that in fact, I would say it's been done backwards.

Most of the time people are looking, especially starting you and especially people from the medical community that don't have like, you can't really run in this circle anywhere else than just trying to jump in and learn about alternative investment strategies and syndication.

Like you don't learn about this in your dental office, at the hospital, anywhere else unless you are dedicating yourself to diving in and learning about this. And there's always lessons that you learn, usually the hard way. When you dip your toe in.

Most people dip their toe in exactly like you said, shopping for the irr and looking at the deal and later they're like, oh, this looks good. Then they decide if it's an asset class that they want to get into and then they decide if it's an operator they want to be in business with.

And I think that's totally backwards.

I think the number one thing people need to do is talk to their spouse, their partner and figure out what are the goals that I'm trying to accomplish and then who's an operator that I know like and trust that has goals that align with mine and then look at an asset class and then look at the individual deal to see if it pencils.

And the interesting thing about the white coat community and a lot of people coming from that background that are still working, a lot of times your goals and what you're looking for are different than what the average investor is looking for or should be different. A lot of times what that investor needs is depreciation.

If you're a really high income earner, you may actually need the tax benefits more than you need the income.

So I think clearly defining what it is that you're looking for can help steer you more towards things like, you know, short term rentals or things like that are going to do really well from a depreciation standpoint. But you know what's even better than that? Oil and gas and sometimes self storage facilities.

It really depends on exactly what you're trying to to control there. Talk to me about debtfreedoctor.com I want to hear more about the community that you built there.

I know that you've built a community that you started out with over 200 accredited investors and you built that into an online community. And talk to me about your experiences of building a community, raising capital and debt freedoctor.com and what the purpose is behind that.

Jeff Anzalone: 00:14:01

Yeah, that whenever the issue fell through in my partnership, they don't teach you anything about opening a practice or business when you're in professional school.

So I started renting in an honest reconnect specialist and I told him, I said look, I want to eventually open my own practice, so I want you to teach me, you know, I'll pay you man, I want you to teach me how to. And so he knew from the get go my goals were.

So as you can imagine that was a pretty strong while I had to get to the point I could start my own practice. I just was writing stuff down and I was learning about things along the way. I was, I've always been interested in investing in money.

Had a pretty big lawn service growing up. So I decided to start the blog. Didn't know anything about larding like this.

Basically if you can, if you can type, which now, hey, I can do it for you. But you know, back then you just get a WordPress site. If you can write an email, you can.

And so I just started putting in things that I was learning how people would benefit from, you know, how different things to start a practice or business, tax issues and that, just basic stuff. So that, and then you know about, hey, I'm going through these different things and, and so I have that Foundation.

When the ski accident happened, it really. I really ramped it up. Like, man, we need. We need to do some other streams of income, because this happened to me.

And, you know, when you, when you have just one stream of income, that's financial, you know, your. Your financial security is very low. Again, they don't teach that in dental school or medical school.

So I started putting in information about that, and then I looked up one day and I kind of had this little following, and I was telling people, hey, I'm getting ready to invest in this department syndication in Dallas. And the group that I was investing with, they said, hey, look, what, what if you. Since you're already investing with us, if you.

If you go through the legal channels and all that, what if you took our emails and you kind of changed them to your tone of voice and you send it out to your list? I said, okay.

So I just kind of took it and told them about it, sent out an email, and then later I sent out other people, and then they told me, okay, well, between us marketing it to our lift and you doing it, we've raised enough capital to get this apartment complex. I said, okay, good. And they said, well, how long have you been doing this? Doing what? They said, raising capital. And I was like, what is that?

And so, well, you just raised $2.4 million. 48 hours. I'm thinking, what. What are you talking about? So that I. I got it. You know, because I was blogging. I got it.

You know, it's kind of like you stumble into these things. I got outside, I guess you could call it my dental lane, which most dentists stay in their own lane, you know, their whole career.

But once you exit and go. Go off in the other direction, real estate or, or whatever, you start to meet other people. And that's how I got raising capital.

And then four years ago, I looked up and said, I don't really read articles that much. And I read the book, and that's what kept me from doing a YouTube channel.

Then I said, well, I just need to find a who to edit, make thumbnails, and publish them. So I just started taking articles that were popular and I would recur for some into YouTube videos. And then now I really enjoy videos. And that's.

That's how most people connect with me now on YouTube.

Clint Harris: 00:17:47

Wow, that's amazing. How many YouTube subscribers do you have?

Jeff Anzalone: 00:17:50

Just hit the 14,000 mark one other day.

Clint Harris: 00:17:54

That's amazing. And that's mostly what you're doing, is just posting other articles and putting your Own commentary as a subject matter expert.

Jeff Anzalone: 00:18:02

That's what I was doing. Now with AI, I have like a little system to. Where have you read the book Malcolm Outliers?

Clint Harris: 00:18:14

Outliers by. Yeah, yeah. It's been a long time, but I have.

Jeff Anzalone: 00:18:18

So I just found the outlier videos on these channels. So if you have a channel that only has 2,000 subscribers and they have a video that's gotten a hundred thousand views.

So I find the outlier videos that would provide value to my channel, then I turn it into my own, you know, the way that I talk in my own different things and that's, that's what's really helped me grow my channel.

Clint Harris: 00:18:47

I love that. That is brilliant.

Neil Henderson: 00:18:50

So you, you've been raising capital and you. Multiple asset classes. What asset classes have you invested in over the last four years?

Jeff Anzalone: 00:19:01

Probably all of ATMs. No ATMs.

Neil Henderson: 00:19:06

Okay, that's probably, that was probably a.

Jeff Anzalone: 00:19:08

You probably no atm, no land, but self storage apartments, Airbnbs and now RV parks and mobile parts.

Clint Harris: 00:19:19

Nice.

Neil Henderson: 00:19:20

What's worked for you?

Jeff Anzalone: 00:19:21

RV parks and mobile home parks. Well, I, I think I got in. Let me, let me clarify that. What my first syndication did.

Well, that was before COVID before the race went and it went full cycle. I had. So now I went full cycle and then I had another one go full cycle. And then everybody.

into raising capital in about: 2020

So the majority of the imports and RV part we found 8, 7 and a half to 8%. Guess what?

We're getting ready to do a huge refund which is going to save us to a. I may have 250 million in RV parks and 40, 35, 40 million home parks. We're going to do a whole refining which is going to be great.

We're going to be able to give a lot of our investors their money back, which they're going to love.

So it, so it's really, I think, you know, maybe the luck of when, when I got in though maybe if I would have gotten in all RV park clubhouse parts back then, it would be different, it would be reversed all that.

Clint Harris: 00:20:46

Well, it's all a cycle. I mean different things work at different times. Our job is to listen to what the market is giving us and we.

Nobody's got a crystal ball and know what's happening next. But the reality is no matter what scenario we find ourselves in there is some strategy that's going to work. And real estate's forgiving.

Sometimes you get into a deal and it's a, it's a bad deal and maybe you overpaid for it. But if you wait long enough, you can often come out smelling like roses.

Like people see what their grandparents paid for something like, man, what a great deal. That's a steal. Well, he may have gotten fleeced back then. It's just been 40 years and now it looks awesome, right?

So like it's a forgiving asset class if you can ride the waves.

And that means you're secure with fairly low interest rate, fixed rate debt long term and you got cash reserves and everything else otherwise, you know, yeah, there's volatility and you stand to get get spanked a little bit if, if things go wrong. But the reality is there are things that are going to work in the next few years that wouldn't have worked a few years ago.

And there's things that are going to work 10 years from now that people haven't thought about yet. And it's, it's always cyclical. But the underlying principles and the fundamentals that make those deals work don't change.

They've just been cycling over and over for hundreds and sometimes thousands of years. So that's great.

I love the fact that you went from Dave Ramsey and the no debt mentality to Robert Kiyosaki and understanding the difference in good debt and bad debt and assets and liabilities. Right, that, that's a, that's a jump.

Because a lot of people that believe the Dave Ramsey doctrine are so anti debt that it keeps them from getting to the point of understanding the principle of leverage. Because good debt and leverage can create tremendous wealth if done the wrong way.

that and then something like: 2008

Those are two things.

And when your family needs income so that you're not trading your time for money, only one of those two things really has an impact on providing the care that they need. And that's the financial freedom and not the debt freedom. Because even if you don't owe anybody anything, you still got to get up and go to work.

When your spouse gets sick, when your family member Gets sick when your child is, you know, needing your attention. The key is getting to the point where you're breaking the cycle of trading time for freedom. I think that's an important distinction.

Jeff Anzalone: 00:23:28

So yeah, dentists and doctors are absolutely horrible with money. They really are because think about it.

You go to school until you're 25, 28, it's better be and you look up and you just kind of like getting into the pros. You go, there you go. And you're not making anything and then boom, you make it to 60 your salary. So you get all that to.

You never had a lick of financial education. And then we have this big, you know, kind of like the s. The Superman shirt on it stands for stupid.

So we're, we're out in the public these financial people and, and I have people in the insurance that sell insurance financial services they pray on when they have the announcement. Dr. Denison now it's like vultures because they know they can get their claws in them because they're suckers. And unfortunately it's like that.

I'm trying to do my point, my part. Killing people. You know, I was the same way. And nobody cares about your money more than you.

Well maybe my wife does but, but anyway, if you just take a step back and look at how you operate.

You went to all this school, you got in this debt, you put in all this time and now you're going to just freaking hand your money to somebody and nine times out of 10 you can't even tell me what they're doing with it. You're an idiot. And people need to wake up, you know and it's, it's, it's a shame if that happens and if people taken advantage of.

I mean I've been taking advantage, you know what. And I'm trying to keep people from making those things.

I think having a good background, a good foundation, a good cornerstone, getting out of that debt, getting the 401ks, all that in the stock markets, you've got that growth and you have your income, your active income, then you have passive income. You're not relying on what stream of income.

So now into the point where all of my passive income pays our bill and then if something happens with that I could, you know, sell off some mutual funds or whatever. And that's just a. It's a great position to be in. And everybody chases the dollar.

Everybody is like more income, more income, more income, more taxes, more taxes. And we haven't even talked about real estate thereal status and you know how I was able to do that and kind of help people with that.

You just have to educate yourself, you know, and that's what I'm trying to do, help these people.

Neil Henderson: 00:26:04

Well, that's.

And you brought up such a good point and you really just sort of hinted at it, which is that medical professionals are highly educated, but they had to spend so much energy and time into the education around their profession that they come out and now suddenly they're a high income earner and, and they're, they're easy prey for someone, you know, who knows more about the financial side and can take advantage of them. It's kind of a cliche, you know, around, you know, I can't remember what the term they use for, you know, sort of the, the dent.

The standard dentist you know, offering, you know, and Clint and I have had, you know, I went to a dental conference last year and you know, the whole talk of that group was there was. Re. Had recently been a big group of them that had lost millions from some guy who just like up and like flew off to Costa Rica got.

Clint Harris: 00:27:01

Yep, he raised $20 million from a large group of people and over a period of a year. Yep, that's. That was it.

Jeff Anzalone: 00:27:08

Yeah, I met, I met the guy at that Freedom Founder event and I was just talking to somebody about it yesterday. But I'll give you a perfect example how we're not good with money. I was at a dental meeting two years ago and this.

Never met this guy before he sold his practice. He, this was a Friday. He's like, I'm signing the contract Monday. $7.7 million to a DSO multiple practices. I'm thinking, that's impressive.

And when, when you can build something like that and you sell. I'm like, man, this guy's got it going over.

And then like an hour later he's like, hey, you know, I want to take some of this money and I want to do this and that. And he said, hey, you see that group over there, that oil and gas people? I'm fixing about 3.2 million dollar gas station with it. What do you think?

I'm like, and it just reminded me how stupid we are with money. I'm like, you're taking your half of what you work for and you're. Do you know anything about gas stations besides putting it in your car? No.

So like, look, and I got this from Dave Ramsey and he tells people, somebody dies if somebody inherits a lot of money. If you get this big influx of money. I said, look, stick your $7.7 million.

And another thing I told him, I said, before you sign it, there's different ways that you can set up your, your sale to say. He's like, I got to pay 2.2 million in tax. I said, I have an accountant that can set up strategy. No, no, no, I have to do it on Monday.

What did he do? He called me later. He said, I wish I'd listened to you, because, yeah, I could have saved two point, you know, $2 million.

Again, it's, it's just not smart finances. But he. I said, take your money, stick it in a money market account for six months, and then call me, let all this die down. And he did that.

Like, man, I'm glad you told me that, because that would have been the worst mistake and this and that. And so. And I said, just start educating yourself. I said, because everybody was just like, he's getting 7 million bucks to start. And I.

And we were waiting out for a deal, and I just said, and he was asking me, don't do it. Just put your money in there and educate yourself. Just, just what you said about what are your goals?

You know, they didn't have any goals in this wife. And then we kind of walked through it. And I've talked to him a few months ago. I can't.

I can't tell you how much I thank you for just kind of setting it straight. So my advice to your listeners is educate yourself. Get. Get your goal. Educate yourself.

Surround yourself with people that are smarter than you, that, that you can help you do that. Biggest cheat code at life is I'm the person that has what you want and go pay them or go work free for them.

If you're trying to lose weight and you're in the gym, you get jacked out. Hey, man, you got me. What do you eat? Work out.

I mean, that it'll take you six months first time to do it on your own for two years, you know, so that, that's what I've learned. And just, you know, I met with Grant Cardone a few years ago. It was kind of went.

Went crazy, but he really held out, paid, paid a lot of money to meet with him, but in that 30 minutes or whatever, he completely opened my eyes to, I mean, just that one idea. So it's pretty crazy.

Clint Harris: 00:30:33

That's amazing. What was the big one takeaway you had from that meeting?

Jeff Anzalone: 00:30:38

I think at that time, I had about a thousand passive seguster circles. Like, you know, you're growing that group. And I was just thinking, oh, I want to get 100 to 200 new members. That's kind of what we were doing.

And all he was, yeah, he's a text guy. Of course, he said, well, what would happen if you had 10,000 passive vest. And it just did.

It just completely opened my eyes to like taking the blinders off course. And I just started thinking differently. Well, I could do this, you know, and it just, it changed the course of.

It's kind of like people going, if you have a dental practice, man, I want to make it through $100,000 next year. Well, you would do things differently to do that versus if you said, I want like an extra million dollars next year.

You would go talk to different people, you would go to different meetings. You would just, you can just be telling, I think people myself, including the center of. And that's what keeps it at.

Clint Harris: 00:31:42

I love that. Well, a lot of what you do is on educating people that don't have a background like you had.

There's one question we ask and we're going to start wrapping this up for the sake of your time and the listeners. There's one question we ask. We can ask everybody, like, hey, what's your favorite book? What's a book that's really helped you.

We try to ask the question a little bit differently. And you've answered this already with a couple different great options.

You talk about who not how, which is the book that probably had the biggest impact on me is one that I talk about all the time with Benjamin King and Dan Sullivan. And you also mentioned David Ramsey and he's got a bunch of them out there, Financial peace being the. The main one.

And then obviously Robert Kiyosaki is something you mentioned as well. Specifically, it sounds to me like you've been reading the cash flow quadrant, not just the. The Rich dad, poor dad.

But I don't want to take steal your thunder, but I think all three of those that you've mentioned are foundational pieces that it's very obvious to me that you've, you've taken those lessons to heart. But here's the question we ask every guest.

Is there a book or content source that you find yourself recommending again and again or recommending more often than others to friends or family or colleagues interested.

Jeff Anzalone: 00:32:49

In educating themselves when it comes to helping them with their finances or yes.

Clint Harris: 00:32:55

When it comes to growth towards passive investment strategies and reaching that level of financial freedom?

Jeff Anzalone: 00:33:02

Well, most of the time they're coming to me about real estate and they're pretty clueless about it. I said be like the gold standard book is the one that Brian Burke wrote. Hands Off.

That is the best book for somebody that wants to learn real estate education. And I've, and I to my, I should have gotten from it. I probably could have made some of it but recommended it.

But I recommend that book a lot to people and it's just, it's easy to read, easy to understand.

He breaks it down into simple terms and he really hones down important parts of the main thing that we've already talked about, knowing who you're investing.

Clint Harris: 00:33:50

I've got a signed copy of that book in my office and he's in anticipate. Despite not just fantastic author, he's also a fantastic podcast episode interview. We've, we've had him here on the show.

It was one of my top five or 10 episodes that we've done. And I think you're the first person to recommend that book, but you shouldn't have been there.

A lot more people should have have recommended that book because you're right, it's rock solid and he's a great interview as well.

Jeff Anzalone: 00:34:17

So. But just, just overall, like everything in life, I recommend people read Proverbs. Whether you are a believer.

It's just literally common sense stuff from money to how you should treat people raising kids. It's just, and I have a proverb that I didn't repeat it. It's like a little, you know, every day.

It's, it just reminds me about your relationships with your spouse and it's just, it's just a great need to live people and am I perfect? It just kicks me around.

Clint Harris: 00:34:52

I love that. If you want to know who my wife is, you read Proverbs 31. She's an incredible one. Anything else from you, Neil?

Jeff Anzalone: 00:35:00

Nope.

Clint Harris: 00:35:01

All right, well, listen, Jeff, Dr. Anzalone, we really appreciate you being here today. Thank you for your time.

Thank you for your commitment to your craft and for educating so many other people that would lose $50,000 without being able to network with somebody like you and have the opportunity to learn from your mistakes instead of hopefully making their own. So thank you for that. Thank you for your time.

If any of our listeners want to find out more about you, the deals that you have going on or connecting with you in a meaningful way, what would be the best way for them to do that?

Jeff Anzalone: 00:35:28

The website debt freedoctor.com and there's a link on there YouTube channel which is where I'm mostly content now.

Clint Harris: 00:35:37

I will be your next subscriber. Well, thank you very much for the listeners. That's debt free. Dr.com we'll put that in the show notes.

We thank you for listening and Jeff, thank you for your time. We really appreciate you being here.

Jeff Anzalone: 00:35:47

My pleasure.

Neil Henderson: 00:35:49

Thank you so much for listening and watching the Truly Passive Income podcast.

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