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Doctors Make Great Money Until They Don’t (The Passive Income Fix) w/ Dr. Jeff Anzalone

Money School Podcast

Release Date: 09/25/2025

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From the outside, doctors and dentists look like they’ve got it all: good money, respected careers, the kind of lifestyle most people want. But what almost no one talks about is how fragile that life really is. 

One accident, one injury, and the very hands that their entire career depends on can suddenly stop producing income.

That was Dr. Jeff Anzalone’s reality after a skiing accident nearly ended his ability to practice dentistry. It forced him to realize: as much as medicine can be rewarding, it’s still trading time for money, and it can all disappear in an instant.

The solution wasn’t to abandon his practice, but to build wealth in a way that didn’t depend on his hands or hours. Real estate offered the answer, but not the kind most people think of. Doctors don’t have the time to chase tenants, fix plumbing, or manage property managers. They need a model that lets them keep their focus on patients while still capturing the benefits of ownership.

That’s where mobile home parks came in. It’s one of the most resilient ways to generate passive income, diversify risk, and create long-term wealth, without becoming a landlord.

Why are most doctors skating on thin ice financially? How do you use real estate to stop trading time for money? 

In this episode, periodontist and founder of Debt-Free Doctor, Dr. Jeff Anzalone, joins me to dig into why doctors’ careers are more vulnerable than most people realize. 

We discuss how passive real estate investing gives them financial resilience without sacrificing their practice. You’ll also learn why mobile home parks may be the most overlooked wealth-building vehicle in America today.



Things You’ll Learn In This Episode 

-The hidden math of medicine
Doctors look wealthy, but most start their careers buried in debt and chasing appearances. How does the “doctor dream” set them up for financial struggle?

-A wake-up call on the slopes
A skiing accident nearly ended Jeff’s ability to practice dentistry. Why did that moment push him to find income streams beyond the chair?

-Mobile homes, massive opportunity
Mobile home parks aren’t glamorous, but they deliver stability and cash flow. Why is this overlooked sector one of the strongest plays in affordable housing?

-Who, not how
For doctors, it’s nearly impossible to focus on their practice while also managing tenants. How did Jeff scale to 11 mobile home parks without becoming a landlord?

 

Guest Bio

Dr. Jeff Anzalone is a periodontist in Louisiana and the founder of Debt-Free Doctor. A few short years ago, he started to worry about my family’s financial future. As a solo practitioner, Jeff knew that if something happened to him, no other income would be coming in. These concerns prompted him to take a hard look at his financial future, and he realized that something needed to be done. He learned how to build multiple streams of passive income so that he can replace his active income each year. Now he’s helping other doctors do the same. To learn more, go to https://www.debtfreedr.com/



 

About Your Host

From pro-snowboarder to money mogul, Chris Naugle has dedicated his life to being America’s #1 Money Mentor. With a core belief that success is built not by the resources you have, but by how resourceful you can be. Chris has built and owned 19 companies, with his businesses being featured in Forbes, ABC, House Hunters, and his very own HGTV pilot in 2018. He is currently founder of The Money School™, and Money Mentor for The Money Multiplier.

His success also includes managing tens of millions of dollars in assets in the financial services and advisory industry and in real estate transactions. As an innovator and visionary in wealth-building and real estate, he empowers entrepreneurs, business owners, and real estate investors with the knowledge of how money works.

Chris is also a nationally recognized speaker, author, and podcast host. He has spoken to and taught over ten thousand Americans, delivering the financial knowledge that fuels lasting freedom.



 

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