The Passive Income MD Podcast

Reflecting on a challenging year, Dr. Peter Kim shares lessons learned from a tough real estate market and the value of diversification in investments. He discusses the importance of liquidity for emotional safety and the growth of his business and community. Personal experiences illustrate the need for presence and prioritizing family amidst challenges. Kim emphasizes treating failures as valuable feedback and highlights the significance of strong relationships in business. Tune in for insights on resilience, responsibility, and creating clarity through tough times.

Dr. Peter Kim shares his intentional approach to annual planning, focusing on self-reflection and meaningful goal-setting. He emphasizes creating a 'Freedom Calendar' that prioritizes life events, aligning work around personal values. Collaborating with a spouse, he discusses how to set specific, measurable goals for accountability. With quarterly reviews, listeners learn to adjust their plans and maintain focus on family time and freedom. This insightful process offers a fresh perspective for anyone feeling overwhelmed in their busy lives.

In this engaging discussion, Eric Goodman, Managing Partner of Goodman Capital and an expert in real estate-backed private credit, explores the billion-dollar opportunities emerging from recent banking crises. He explains how the market gap has led high-net-worth borrowers to private lenders and the nuances of private credit. Listeners learn about due diligence for investors and the critical factors driving private lending success today. Eric offers advice on sustainable returns and highlights the advantages of private credit for diversified income.

In this engaging discussion, Chris Lopez, a Denver-based real estate investor and founder of Property Llama Capital, shares insights on transitioning from active to passive investing. He emphasizes the importance of tracking return on equity for better investment decisions. Chris predicts upcoming opportunities in multifamily and debt investing while prioritizing cash-flow deals. He also provides practical tips for beginners, including starting with debt funds and underwriting deals. His roadmap helps aspiring investors navigate the changing landscape.

Dr. Peter Kim tackles the struggle of feeling perpetually busy and introduces the Eisenhower Matrix to prioritize tasks effectively. He shares his journey from overwhelm to using virtual assistants and AI tools. Discover how he hired a VA to manage his schedule and learned to delegate tasks, ultimately freeing up valuable time. With a practical challenge to delete, delegate, and automate tasks, listeners are inspired to reclaim control over their hectic schedules and focus on what truly matters.

Join Jonathan Spitz, Head of Capital Formation at Lightstone Direct, as he shares his journey from banking to revolutionizing real estate investments for everyday investors. Learn about the current market dynamics and the long-term potential of industrial real estate driven by e-commerce and reshoring. Spitz also outlines common pitfalls physicians face when investing, emphasizing the importance of understanding risks and costs. Discover how Lightstone uniquely aligns investor incentives through co-investment strategies that open the door to institutional-quality deals.

In this episode, Dr. Peter Kim sits down with Dr. Manju Dawkins, a dermatologist and co-founder of Thimble Health, to share the inspiring story behind her mission to make needle procedures less painful and more compassionate. What began as a personal moment with her daughter during a routine vaccination grew into a full-scale innovation serving thousands of patients and healthcare professionals. Dr. Dawkins opens up about her journey from physician to entrepreneur, the challenges of balancing a startup with clinical work, and what it truly takes to turn an idea into impact. Her story reminds every doctor listening that they have the power to innovate, create, and lead meaningful change in healthcare. Tune in! Are you looking for a community to encourage you as you begin, or want to accelerate your business to the next level? Then join thousands of physicians who share the same journey of creating their ideal lives through multiple streams of income by joining us in our Facebook communities such as Passive Income Docs and Passive Income MD.

Discover 10 savvy year-end tax moves that can help physicians save thousands. Learn how to prepay business expenses, utilize the Augusta Rule to rent your home, and leverage real estate for bonus depreciation. Find out the benefits of employing your children to shift income and claiming deductions. Upgrade your tech and set up accountable plans for reimbursements to maximize deductions. Get proactive about tax planning before the year wraps up and keep more of what you earn!

Uncertain about the real estate market? Discover five crucial trends impacting physician investors, from high interest rates to creative financing strategies. Learn how a slowdown in deal flow reveals new opportunities amid growing distress. Understand the importance of local market fundamentals, and how physicians are becoming smarter investors by diversifying and learning underwriting. Get ready to navigate the market cycles and position yourself for success with actionable insights!

Are you living life by design or by default? In this week's episode, Dr. Peter Kim reflects on what made this year's PIMDCON unforgettable and how those same lessons can help you take control of your future! He explores how living with intention transforms your work, your freedom, and your mindset. You'll hear stories of physicians who turned uncertainty into action, learn how AI can simplify your life, and see why joining the right community can multiply your success. Tune in! Interested in Momentum MD? Learn more about it here! Are you looking for a community to encourage you as you begin, or want to accelerate your business to the next level? Then join thousands of physicians who share the same journey of creating their ideal lives through multiple streams of income by joining us in our Facebook communities such as Passive Income Docs and Passive Income MD.