Dr. Mark Mckenna wanted to be a doctor when he grew up. He had admired his father, a doctor with his own practice, while growing up and when he found out the living his father made helping people his path was set. He ended up at Tulane University where he would attain his medical degree in 2000. But he had some changes of heart along the way.
He learned at Tulane that the medical profession didn’t work the way it used to. Doctors were paid much less than they used to be and finding a job wasn’t going to be as easy as he thought it was going to be. While still at Tulane he realized he was going to need to diversify in order to make his financial dreams come true. He raised some investment funds by moonlighting at a prison giving inmates check-ups and began Mckenna Venture Investing to build a real estate portfolio. During this process he found the world of real estate a rewarding and challenging one, and he kept his real estate portfolio going after graduation and while he worked at his father’s practice.
But after 5 years of working as a doctor at his father’s practice, Dr. Mark Mckenna decided to leave medicine for the more profitable and personally rewarding world of real estate. He invested in the New Orleans area and made a good living for himself, attaining a portfolio worth of about $5 million, with a yearly cash flow of around half a million a year.
When Hurricane Katrina hit the area in 2005 his situation changed. Most of properties had been flooded underwater, leaving his portfolio value reduced by millions. Dr. Mark Mckenna decided not to cut his losses and run from a difficult rebuild, though: He stayed in the area and helped rebuild damaged properties.
Divesting from real estate right before the big market crash, Dr. Mark Mckenna went into medical investing. His current project is a Botox home delivery app called OVME. This ordering process can save both the patient and doctor a lot of time and needless effort.