Ownership, Location and the Future of Your Practice-Webinar Recording

Video Transcription

Video Summary

The conversation focused on how dentists should approach real estate decisions with both practice growth and long-term investment value in mind. Ed Peace and Jason Price explained that owning a building is not always the best first move; dentists should prioritize investing in their practice before overcommitting to real estate. Jason emphasized “knowing your numbers” by modeling budgets, growth, rent, and exit value before choosing to lease, buy, or build.<br /><br />They discussed right-sizing a facility so it fits current needs without limiting future growth, and avoiding the mistake of chasing the cheapest deal instead of the best long-term value. Site selection also matters: visibility, demographics, zoning timelines, and market availability can greatly affect project success.<br /><br />A major theme was treating dental real estate like an investment-grade asset. The rent should be set at a defensible market rate, not just the mortgage amount, because future buyers and investors value income streams. They also noted that partnerships in the building can help younger doctors buy in and increase flexibility.<br /><br />Overall, the message was to start early, stay open-minded, and use real estate as a strategic tool that supports both practice performance and wealth building.

Keywords

dental real estate

practice growth

investment value

lease vs buy

financial modeling

site selection

market-rate rent

wealth building