Interview with Dr. Alex Schloe – 413
In this week’s episode, we continue our conversation with Dr. Alex Schloe, exploring the best real estate investment for today’s physicians, in residential assisted living.
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Alex explains how to structure these deals properly, including the holding company model that separates real estate from operations. He shares candid insights about the lease-to-operator approach, including lessons learned from partnerships that didn’t work out, and what to look for when vetting potential operators.
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By joining the UT Physician Executive MBA, you will develop the business and management skills you need to find a career you love. To learn more, contact Dr. Kate Atchley’s office at (865) 974-6526 or go to jurica.buzzmybrandtoday.com/physicianmba.
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Practical Investment Considerations
Dr. Alex Schloe walks through common concerns physicians have when considering investment in residential assisted living, especially potential liability and how to structure things safely. Most investors don’t operate the homes themselves, so the properties are typically held in separate LLCs—one for the real estate, another for operations—which helps protect assets if something goes wrong.
For those using a lease-to-operator model, Dr. Schloe stresses how important it is to vet your operators carefully. That means background checks, reviewing financials, and making sure they carry the right insurance and have solid reserves.
Investment Options and Educational Resources
If you’re looking to get involved passively, Dr. Schloe’s company, Open Range Capital, offers different options: from short-term private lending to longer-term development projects with strong equity upside. For those who want to learn the ropes, the RAL Room Assisted Living Mastermind includes over 100 hours of training content, expert-led sessions, peer groups for accountability, and custom-built tools to help you analyze deals with confidence.
Dr. Schloe’s philosophy centers on focused education, building relationships, and taking action within one investment space, rather than chasing every new opportunity that pops up.
Summary
Dr. Schloe hosts two podcasts tailored for physicians: Physicians and Properties, which covers real estate investing basics for doctors, and The RAL Room Assisted Living Podcast, which focuses on the ins and outs of residential assisted living.
His mastermind program offers a full suite of educational content, peer support, and access to investment opportunities through Open Range Capital. Dr. Schloe encourages physicians to start with education, connect with others in the space, and take small, intentional steps toward building income streams that support more freedom and flexibility.
Links for today’s episode:
- The RAL Room Mastermind
- Physicians and Properties Website
- Dr. Alex Schloe’s LinkedIn Profile
- Revisiting How to Use Real Estate Investing to Go from Burnout to Financial Freedom – 307
- How to Integrate Real Estate into Your Investing or Career Pivot – 295
- How to Use Real Estate Investing to Go from Burnout to Financial Freedom – 229
- How to Build a Thriving Real Estate Passion Project Without Being a Landlord – 193
- Why Should I Invest in a Passive Private Real Estate Deal? – 154
- The Nonclinical Career Academy
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Disclaimers:
Many of the links that I refer you to, and that you’ll find in the show notes, are affiliate links. That means that I receive a payment from the seller if you purchase the affiliate item using my link. Doing so has no effect on the price you are charged. And I only promote products and services that I believe are of high quality and will be useful to you, that I have personally used or am very familiar with.
The opinions expressed here are mine and my guest’s. While the information provided on the podcast is true and accurate to the best of my knowledge, there is no express or implied guarantee that using the methods discussed here will lead to success in your career, life, or business.
The information presented on this blog and related podcast is for entertainment and/or informational purposes only. It should not be construed as medical, legal, tax, or emotional advice. If you take action on the information provided on the blog or podcast, it is at your own risk. Always consult an attorney, accountant, career counselor, or other professional before making any major decisions about your career.