Your Financial Pharmacist

Co-hosts David and Nate take a look at how you can accurately calculate your cash-on-cash returns and returns on equity given the current market conditions. Episode Summary The global pandemic has led to massive shifts in the real estate investing market. So today, co-hosts David and Nate take a look at how you can accurately calculate your cash-on-cash returns and returns on equity given the current market conditions. After briefly talking through the common pains of evictions, they assess current property market conditions and why and how they've changed so drastically since 2020. They discuss why property conversions are usually the smarter play before revisiting the BRRRR method, unpacking how to measure returns on equity, and exploring some key strategies for maximizing equity gains. As a bonus, they share what you should be thinking about before jumping to sell in favorable market conditions, and end with noteworthy advice on the importance of yearly check-ins on your long-term investments. Links Mentioned in Today's Episode Episode 50: Deep Dive Into Spreadsheet Analysis Episode 75: Market Check-In: Is BRRRR Dead? Nate Hedrick on Instagram David Bright on Instagram YFP Real Estate Investing Website YFP Real Estate Investing Facebook Group

Tim Baker, CFP, RICP, RLP joins Tim Ulbrich, PharmD to discuss open enrollment & evaluating employer benefits. Summary This week on the podcast, Tim Ulbrich, PharmD sits down with YFP co-owner and Director of Financial Planning, Tim Baker, CFP, RICP, RLP to discuss open enrollment and the process of evaluating employer benefits. They discuss considerations for choosing a health insurance plan, how to determine whether or not your employer-provided life and disability insurance is sufficient, the differences between an FSA, Dependent Care FSA, and HSA, and what to be looking for when putting money into your employer-sponsored retirement plan. Mentioned on the Show YFP Planning: Financial Planning for Pharmacists Book a free Discovery Call with YFP Planning YFP 044: How to Determine Your Life Insurance Needs YFP 045: How to Determine Your Disability Insurance Needs Your Financial Pharmacist YFP 165: The Power of a Health Savings Account Why I'm Not Using My Health Savings Account to Pay for Medical Expenses Ask a YFP CFP© #84: What can I do about the fees on my HSA account? YFP 074: Evaluating Your 401k Plan YFP 208: Why Minimizing Fees On Your Investments Is So Important Your Financial Pharmacist Disclaimer and Disclosures

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, RLP®, RICP®, takes a question from an individual in the YFP Facebook Group. Submit Your Question: Have a question you would like us to feature on an upcoming episode? Send us an email at info@yourfinancialpharmacist.com or record your question at www.yourfinancialpharmacist.com/askyfp Your Financial Pharmacist Disclaimer and Disclosures: This podcast is intended for educational purposes and should not be considered financial or investment advice as we do not know all the variables to one's personal situation when answering a question. For more information visit https://yourfinancialpharmacist.com/disclaimer/

On this segment of the Pharmacy Innovators, sponsored by Pyrls, Pharmesol co-founder & CEO Dr. Natalie Park joins host Dr. Corrie Sanders. Summary With the rise of AI and the increasing use of technology in our daily lives, there is an opportunity to improve the pharmacy world and patient care. On this segment of the Pharmacy Innovators sponsored by Pyrls, Dr. Natalie Park, Co-founder and CEO of Pharmesol, joins host Dr. Corrie Sanders, to discuss how Pharmesol leverages technology and AI to optimize patient communication and follow-up care. Natalie shares her unconventional career path, what Pharmesol is, what inspired her and her co-founders to start it, and how it is improving patient care. She also discuss the highs and lows of starting a business before delving into the importance of value-based care, what pharmacy will look like in the future, and how we can embrace the inevitable technological changes. About Today's Guest Dr. Natalie Park is a pharmacist with a background in conducting health economics and outcomes research in the pharmaceutical industry. Natalie is co-founder and CEO of Pharmesol, an automated and proactive medication assistant tool that leverages pharmacist expertise and artificial intelligence to enhance patient experience after direct interaction with the healthcare team. Mentioned on the Show Dr. Natalie Park on LinkedIn Dr. Natalie Park Email Address Pharmesol Entrepreneurs Roundtable Accelerator Demo Day Pyrls Dr. Corrie Sanders on LinkedIn YFP Disclaimer

Drs. Lindsey Childs-Kean and Britny Brown share their work with #PharmGradWishlist to support emerging racially and ethnically minoritized pharmacy trainees. Summary It is no secret that there are minorities underrepresented in pharmacy despite the evidence suggesting that racial concordance matters. Joining us today are two individuals, Lindsey Childs-Kean and Britny Brown, who are committed to improving representation by supporting emerging racially and ethnically minoritized pharmacy trainees. You'll hear about the incredible PharmGradWishlist organization, what its mission is, why it's important, and how to get involved. About Today's Guest Lindsey Childs-Kean is a Clinical Associate Professor in the Department of Pharmacotherapy and Translational Research with the University of Florida College of Pharmacy. She earned her PharmD degree from University of Florida and completed a PGY1 residency at Tampa General Hospital and a PGY2 Infectious Diseases residency at the South Texas Veterans Healthcare System. Her teaching, research, and practice interests include infectious disease pharmacotherapy and professional development of students and new practitioners. She is active in many professional organizations, including being a member of the PharmGradWishList Leadership Team and an Associate Editor for the American Journal of Pharmaceutical Education. Britny Brown, PharmD, BCOP is a Clinical Associate Professor at the University of Rhode Island. Her clinical practice site is Smilow Cancer Center in Westerly, RI, where she focuses on the management of patients receiving oral anticancer therapy. Britny also has a passion for health equity. She is co-chair of the Diversity and Globalization Committee within URI's College of Pharmacy, is a leadership team member for PharmGradWishlist, and is a member of the HOPA DEI Advisory Group. Mentioned on the Show: PharmGradWishlist JAPhA Article: 'Brighter Horizons: The Necessity of Concentrated Sponsorship Targeted Toward Minoritized Student Pharmacists' PharmGradWishlist Email Address PharmGradWishlist on LinkedIn PharmGradWishlist on Facebook PharmGradWishlist on X PharmGradWishlist on Instagram Lindsey Childs-Kean on LinkedIn Lindsey Childs-Kean on X Lindsey Childs-Kean on Instagram Britny Brown on LinkedIn Britny Brown on X Tim Ulbrich on LinkedIn YFP Blog: 'Money Talks: The Price of the Pharmacy Residency Quest' YFP Disclaimer Subscribe to the YFP Newsletter

Pharmacist real-estate investors Julia & Brad Myers talk about what inspired their journey in real estate including the unique aspect of tax deductions and savings in the short-term rental market. About Today's Guest Julia Myers is a semi-retired pharmacy leader and public speaker on the topics of financial literacy and generational wealth. Julia received her Doctor of Pharmacy degree from the University of Wyoming School of Pharmacy and her Masters in Business Administration from the University of Tennessee- Knoxville. She has over 15 years of experience in clinical and leadership roles in community pharmacy, ambulatory care, health system, and specialty pharmacy. In 2020, Julia was recognized as a member of the Class of 20 Under 40 by Columbia Magazine for her achievements in medication affordability, specialty pharmacy, and overall community impact. Julia enjoys spending time outdoors, reading and writing, and raising her five children with her husband Brad. You can follow her on social media @Juliamyersrx. BradMyers is currently the Vice President, McKesson Health Systems. Brad received his Doctor of Pharmacy degree from University of North Carolina in Chapel Hill and his Masters in Business Administration from American University. He completed a PGY1 Residency and has spent over 20 years practicing pharmacy and in health system leadership roles. Before joining McKesson, Brad served as the pharmacy executive at the University of Missouri Health Care for 8 years. Brad enjoys running, cheering for UNC Tarheels, and traveling. Find him on LinkedIn. Mentioned on the Show Julia Myers on LinkedIn Julia Myers on X Brad Myers on LinkedIn YFP 311: Raising Money-Savvy Kids YFP REI 96: Managing Risk and Taxes through a Real Estate Team with Thomas Castelli YFP REI 54: Using Cost Segregation to Optimize Real Estate Tax Benefits YFP REI 18: Tax Strategies for Real Estate Investing BiggerPockets Rachel D. Gainsbrugh on LinkedIn Realtor Zillow Jumpstart Your Tax Savings On-Demand Course Amanda Han on LinkedIn OBX Landing Your Financial Pharmacist YFP Real Estate Investing Facebook Group

YFP Co-Founder and CEO, Tim Ulbrich, PharmD and YFP Co-Founder and Director of Planning, Tim Baker, CFP®, RLP®, RICP®, wrap up a two-part series on 10 common retirement risks you should plan for. Mentioned on the Show: Free Download: Retirement Roadblocks: Identifying and Managing 10 Common Risks Guide YFP Planning: Fee-Only Financial Planning for Pharmacists YFP Disclaimer Tim Baker on LinkedIn Tim Ulbrich on LinkedIn

YFP Co-Founder and CEO, Tim Ulbrich, PharmD and YFP Co-Founder and Director of Planning, Tim Baker, CFP®, RLP®, RICP®, kick off a two-part series on 10 common retirement risks you should plan for. Mentioned on the Show: Free Download: Retirement Roadblocks: Identifying and Managing 10 Common Risks Guide First Horizon Home Loan Social Security Administration Episode 291: Redefining Retirement with Professor Emeritus David Zgarrick, PhD Episode 294: 10 Common Social Security Mistakes to Avoid (Part 1) Episode 295: 10 Common Social Security Mistakes to Avoid (Part 2) Episode 296: 5 Key Decisions for Long-Term Care Insurance Episode 242: Social Security 101: History, How it Works, and Why it Matters for Your Financial Plan Episode 305: Understanding Annuities: A Primer for Pharmacists Huberman Lab Podcast Episode 272: How Much Is Enough? (Retirement Planning) Episode 273: Alphabet Soup of Retirement Accounts (Retirement Planning) Episode 274: Risk Tolerance vs Risk Capacity (Retirement Planning) Episode275: How to Build a Retirement Paycheck (Retirement Planning) Cameron Huddleston Cameron Huddleston on X Mom and Dad, We Need to Talk Episode 321: Navigating Financial Conversations with Aging Parents YFP Planning: Fee-Only Financial Planning for Pharmacists YFP Real Estate Investing Facebook Group YFP Disclaimer Tim Baker on LinkedIn Tim Baker on X Tim Ulbrich on LinkedIn Subscribe to the YFP Newsletter YFP Disclaimer

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, RLP®, RICP®, takes a question from an individual in the YFP Facebook Group. Submit Your Question: Have a question you would like us to feature on an upcoming episode? Send us an email at info@yourfinancialpharmacist.com or record your question at www.yourfinancialpharmacist.com/askyfp Your Financial Pharmacist Disclaimer and Disclosures: This podcast is intended for educational purposes and should not be considered financial or investment advice as we do not know all the variables to one's personal situation when answering a question. For more information visit https://yourfinancialpharmacist.com/disclaimer/

Summary Most of our real-estate episodes to date have covered the topic of buying a home, but today we're putting ourselves in the shoes of the seller. If you think this episode isn't for you because you're only interested in buying a home, think again! Being able to see things from a seller's perspective will add huge value to your home-buying journey. Today's guest is Nate Hedrick, a pharmacist, and the founder of Real Estate RPH. It's a seller's market at the moment and he is here to share five top tips for selling your home for its maximum value. From the benefits of enlisting the help of an agent to getting to grips with price-setting strategies and understanding buyer versus seller costs, this conversation will equip you with the tools you need to navigate current chaotic housing market with confidence! Links Mentioned in Today's Episode Nate Hedrick on LinkedIn Real Estate RPH YFP Episode 316 Tim Ulbrich on LinkedIn Subscribe to the YFP Newsletter YFP Disclaimer