The Passive Income MD Podcast

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.

Dr. Peter Kim explores the arrival fallacy, highlighting how achieving career milestones doesn't always lead to true happiness. He shares his personal journey through burnout and emphasizes the need to expand identity beyond medicine for greater fulfillment. With insights on shifting perceptions of 'I am', he encourages physicians to embrace new roles like investors or entrepreneurs. A guided visualization prompts listeners to imagine a fulfilling future, while practical tips like the ACE method inspire taking bold actions toward personal growth and freedom.

In this episode, Dr. Peter Kim sits down with Troy Eckard, the CEO of Eckard Enterprises, to talk about the world of working interest in oil and gas investments. Troy shares his decades of experience in the industry and explains how high-income professionals, especially physicians, can leverage these investments for significant tax benefits and strong cash flow potential. They break down what working interest is, how it differs from mineral rights and royalties, and why technology has transformed the oil and gas space, making it a much more reliable and rewarding investment today. Tune in! Eckard Enterprises brings this episode to you. Eckard Enterprises, LLC, is a family-owned and operated alternative investment and asset management firm, specializing in mineral rights and the U.S. energy industry. Eckard believes that owning tangible assets is one of the safest, long-term investment strategies available in today's investment climate. Learn more about Eckard Enterprises! 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.

In this episode, Dr. Peter Kim chats with Dr. Tyler De Jong, an internal medicine physician and healthcare innovator, about his journey from private practice to embracing remote patient monitoring. Dr. De Jong shares how technology has improved patient outcomes and boosted his practice's revenue while helping him regain time and reduce burnout. If you're a physician looking to optimize your practice or curious about the future of healthcare, this episode is for you!. Tune in! DrKumo brings this episode to you. Drkumo is dedicated to educating and empowering individuals about the benefits and implementation of remote patient monitoring technology. Through a series of success stories, DrKumo Academy showcases real-life testimonials of patients whose lives have been significantly improved through the use of Remote Patient Monitoring. These stories highlight how continuous health monitoring has led to better disease management, early detection of potential health issues, and overall enhanced quality of life. By sharing these success stories, DrKumo Academy demonstrates the transformative power of patient engagement in telehealth by fostering a deeper understanding and wider adoption of this innovative healthcare technology. Learn more about DrKumo! 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.

Jesse Stein, Chief Investment Officer at HomeShares and a seasoned expert in real estate securities, joins the conversation to unravel the world of home equity agreements. Discover how these innovative agreements allow homeowners to access liquidity without selling their properties. Jesse elaborates on the blend of downside protection and strong returns they offer investors, even in fluctuating markets. Explore the future of real estate investing and the potential for portfolio diversification as you unlock hidden value in home equity!

Dr. Peter Kim tackles the crucial question of how much passive income is truly enough for medical professionals seeking freedom. He emphasizes the importance of distinguishing essential expenses from lifestyle desires. Listeners learn to reverse engineer their freedom number, aiming not just to quit medicine but to create a life filled with options. Discover how to assess personal financial goals and adopt strategies that align career choices with financial aspirations for a fulfilling future.