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Started By
Message
2
Posted on 1/8/15 at 8:23 pm to CheeseburgerEddie
quote:
but owning an office (building) is different than owning the business
Thanks for clearing that up, CheeseburgerEddie. I had no idea those two weren't the same thing.
Posted on 1/8/15 at 8:25 pm to yellowfin
quote:
Yeah I guess you have to be a doctor to own a hospital now too
Someone better tell the Catholic Church
Posted on 1/8/15 at 8:25 pm to yellowfin
I'm not speaking of hospitals or clinics. I'm speaking of dental offices.
There are many laws in many states that state you have to be a dentist to run a dental office. I know Wisconsin is different but didn't think Georgia was. Maybe have some equity in the company but not 100%
The dental industry and medical industry are quite different
There are many laws in many states that state you have to be a dentist to run a dental office. I know Wisconsin is different but didn't think Georgia was. Maybe have some equity in the company but not 100%
The dental industry and medical industry are quite different
This post was edited on 1/8/15 at 8:27 pm
Posted on 1/8/15 at 8:25 pm to tigersnipen
quote:
Are you a dentist as well or do you manage the books,payroll, benefits, do the marketing etc...?
No, I am not a doctor. My role would be more defined as an office manager/consultant(who has skin in the game). I'm at the point now where I will hire out all of the mgmt positions to qualified individuals so that the dentist only has to worry about cleaning and fixing teeth.
Dental offices are just like any other business in America. They have overhead, inventory, staffing, and financial aspects that can't all be performed by a single dentist. Many dentists don't realize this and bite off way more than they can chew. That's where I come in.
Posted on 1/8/15 at 8:26 pm to stout
Well investors will typically own the medical office building and lease it as it is less risky and often requires minimal involvement/management
Posted on 1/8/15 at 8:26 pm to Dr. Shultz
I assume that Grizzley owns the building and the dentist leases the space.
Posted on 1/8/15 at 8:27 pm to unbanmepls
0 still in school
Posted on 1/8/15 at 8:27 pm to Dr. Shultz
quote:
There are many laws in many states that state you have to be a dentist to run a dental office. I know Wisconsin is different but didn't think Georgia was. Maybe have some equity in the company but not 100%
This is correct. However, Georgia allows private equity firms to own and operate dental practices. Each state has it's own regulations.
Posted on 1/8/15 at 8:28 pm to CheeseburgerEddie
quote:
Well investors will typically own the medical office building and lease it as it is less risky and often requires minimal involvement/management
Again, CheeseburgerEddie, I had no idea. Funny thing as you think I would have learned this at some point of being in Real Estate for 15 years, but thanks for the help.
Also, it's pretty evident that when he was talking about acquisitions he was referring to the business itself.
Posted on 1/8/15 at 8:28 pm to Grizzley
Alright thanks, that's what I figured but was trying to make sure.
Im in dental school at the moment and have been looking into the business side quite a bit lately and that's why I was curious!
Im in dental school at the moment and have been looking into the business side quite a bit lately and that's why I was curious!
This post was edited on 1/8/15 at 8:29 pm
Posted on 1/8/15 at 8:30 pm to stout
Posted on 1/8/15 at 8:30 pm to unbanmepls
70k
Posted on 1/8/15 at 8:30 pm to unbanmepls
70k at 25 for me.
That was before I graduated from grad school
That was before I graduated from grad school
Posted on 1/8/15 at 8:31 pm to unbanmepls
About $45k
Posted on 1/8/15 at 8:32 pm to stout
Sorry I don't keep on tabs limp dick OT posters. I heard u get your shite pushed in during negotiations round these parts though. Maybe in another 15 years u can hold your own.
This post was edited on 1/8/15 at 8:33 pm
Posted on 1/8/15 at 8:33 pm to CheeseburgerEddie
Don't get mad at me that you're playing Captain Obvious in this thread.
Posted on 1/8/15 at 8:33 pm to unbanmepls
Wouldn't that answer depend on when you turned 25?
Posted on 1/8/15 at 8:35 pm to stout
It's just what I heard
Posted on 1/8/15 at 8:36 pm to unbanmepls
I had three-hundred-fifty-thousand, I was only twenty
Your baby daddy broke, I bury his arse in fricking twenties
Yeah I'm a fat frick but all I ride is fricking skinnys
And I don't wanna frick that bitch cause she to0 fricking skinny
Your baby daddy broke, I bury his arse in fricking twenties
Yeah I'm a fat frick but all I ride is fricking skinnys
And I don't wanna frick that bitch cause she to0 fricking skinny
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