1 rich Libsyn https://www.libsyn.com 90 600 In this episode, Mike McCaslin shares insights from over four decades of experience advising physician groups on real estate ownership. He explains why practices should prioritize owning their medical facilities, highlighting the financial benefits of capturing rental income internally rather than paying third-party landlords. Mike outlines how to structure ownership through separate LLCs, create affordable entry points for new physicians, and model long-term value for partners. He also addresses the complexities of ownership transitions, including how to handle retiring physicians, maintain fair valuations, and ensure a balanced ownership structure over time. Throughout the conversation, Mike identifies common pitfalls — such as mispricing ownership interests and allowing indefinite ownership for retired partners — and offers practical solutions, including defined exit timelines and thoughtful buy-in structures. For physician owners and practice leaders, this episode provides a comprehensive framework for building, managing, and sustaining successful real estate ownership within a medical practice. Join the next session of Physician-Owned Real Estate 101 at the CPOMP 2027 Annual Meeting, January 21-23, 2027 at the Omni Scottsdale Resort and Spa at Montelucia. Register at&amp;nbsp;www.CPOMP.org/cpomp-2027.&amp;nbsp; &amp;nbsp; The Physician-Owned Medical Real Estate Podcast http://cpomp.libsyn.com/website <iframe title="Libsyn Player" style="border: none" src="//html5-player.libsyn.com/embed/episode/id/40776850/height/90/theme/custom/thumbnail/yes/direction/forward/render-playlist/no/custom-color/88AA3C/" height="90" width="600" scrolling="no" allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen></iframe> https://assets.libsyn.com/secure/item/40776850