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The Passive Income MD Podcast

Latest episodes

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Aug 29, 2022 • 16min

#122 Three Ways To Become A Better Entrepreneur And Leader

In this episode, Dr. Peter Kim discusses his top 3 takeaways from attending the Business Mastery Conference with Tony Robbins. These three points will aid you in becoming a better leader, entrepreneur, and manager when it comes to business and life.  Attending conferences and re-attending conferences is one key in helping you focus and grow your goals or dreams for your business. Naturally are in a different place and certain things will resonate with you each time you attend.  Here are the top three things Peter learned from this year's Business Mastery Conference.
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Aug 22, 2022 • 12min

#121 Why Creating Multiple Streams Of Income Is Necessary

In this episode, Dr. Peter Kim discusses why it is essential to have multiple strings of income. Seeing how things have changed, Peter now believes that creating multiple strings of income is no longer optional, you have to consider it if you want to live the life you want to have.  It's becoming more and more common to see people, regardless of their careers, lifestyles, or situations, working towards creating streams of income outside of their day job. It’s no longer a fun hobby. Now, it’s actually a necessity, even for physicians. Why do you feel that creating multiple streams of income is necessary for physicians? We would love to hear from you! Join us on our Facebook Group Passive Income Docs
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Aug 15, 2022 • 23min

#120 Value Of Due Diligence During A Recession, ft. Dr. Pranay Parikh, MD

In this episode, Dr. Peter Kim interviews his good friend, Dr. Pranay Parikh. Pranay is a hospitalist and has experience with active and passive investing. Dr. Parikh is a partner in the Ascent Equity Group and is the co-founder of Passive Real Estate Academy that helps others begin their journey towards financial freedom through passive real estate.   Peter and Pranay dive into the importance of doing due-diligence, focusing on how to move through the current market challenges, and what to look for in a deal during a recession.  To connect with Dr. Pranay Parikh or for more information, go to the Ascent Equity Group >>> https://ascentequitygroup.com/
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Aug 8, 2022 • 15min

#119 Create Alignment Of Interest With The Right Sponsor

In this episode, Dr. Peter Kim dives into the concept of trust. When investing, it is important to come to the place where you feel ‌you can trust who you are working with, whether it’s a company or an individual.  In private real estate deals, syndications and funds, trust is key in building a foundation for the partnership. Developing an “alignment of interest” with all parties involved in the deal. As partnering with the right sponsor is the foundation for successful syndication, here are a few ways to make sure your sponsor's interests are in line with yours. We talk in depth about all of this and more in our course – Passive Real Estate Academy. Want to learn everything about investing in real estate with confidence? You can grab your seat right here!
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Aug 1, 2022 • 30min

#118 Purpose, Identity, & Connections… The Grit Of A Good Life, ft. Jordan Grumet, MD

In this episode, Peter interviews his long-time friend Dr. Jordan Grumet. Dr. Grumet trained in internal medicine and is currently a hospice doctor. He is also the host of a widely popular podcast called Earn & Invest.   New on the shelf, Jordan has authored a book called Taking Stock, A Hospice Doctors Advice On Financial Independence, Building Wealth, and Living A Regret-Free Life.   Jordan shares his inspiring story of moving past burn-out to practicing medicine in the areas where his passion lies. He also describes that before you begin your journey into financial independence, do the work in defining what a good life would be for you in areas of purpose, identity, and connections.  This episode is a must-listen! 
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Jul 23, 2022 • 21min

#117 How To Invest In Real Estate During A Recession, ft. Leti Alto, MD & Kenji Asakura, MD

In this episode, Peter is with his good friends Leti Alto MD and Kenji Asakura MD of SemiRetiredMD. Also, the founders of an amazing course called Zero To Freedom Through Cash Flowing Rentals.  During this interview, Leti and Kenji will dial in on the current economy, raging inflation, interest rates, and the real estate bubble and how all of this applies to the rental market.  Leti shares that “real estate is where you want to be when there is inflation. It’s real property, you have a mortgage rate lower than inflation, and you're tax efficient.”   Listen to this episode in full to catch all the insider’s tips from the experts. 
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Jul 18, 2022 • 23min

#116 Real Estate Syndications 101 [How It Works]

In this episode, Peter will give you the 101 version of real estate syndication. A real estate syndication is a group of two or more investors or investment companies coming together for a common goal; to raise capital for purchasing real estate or building a new property. In this episode, Peter will give you the abridged version of everything you need to know about Real Estate Syndication. 
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Jul 11, 2022 • 30min

#115 How To Turn Massive Income To Passive Income, ft. Brandon Turner

In this episode, Peter’s guest is Brandon Turner. He is the founder and managing partner of Open Door Capital. Brandon is widely recognized as one of the foremost experts on real estate investing. He is the best-selling author of several books including "The Book on Rental Property Investing", "The Book on Investing In Real Estate with No (and Low) Money Down", "The Book on Managing Rental Properties", "How to Invest in Real Estate" and "The Intention Journal". Over the past decade, he was the past host of the Bigger Pockets Podcast of over a hundred million downloads. He has a tremendous track record that he built up through multi-family; including apartments and mobile home parks. Brandon Turner is the keynote speaker at PIMDCON 2022, September 23rd-25th, our Live In-Person and Virtual conference where we help you establish financial freedom through passive real estate.
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Jul 4, 2022 • 14min

#114 Financial Literacy from “the Bruce Lee Principle”

Elite Athletes have talent. Yet, what they do in private, and the intense training gives them success publicly. Peter has heard this termed “the Bruce Lee Principle” of finding your path. Bruce Lee could be one of the greatest martial arts athletes of all time. With great intentionality, his pursuit of perfection led him to study everything from nutrition to weightlifting, supplements, and multiple fighting disciplines. The latter even led him to create his own form of martial art: Jeet Kune Do. Bruce Lee left clues for how he approached his journey of perfection, and he used it as the foundation for what he taught his students. He formulated a four-step process. Which, when applied to your finances, could help you pursue a journey to financial freedom. 
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Jun 27, 2022 • 20min

#113 Choose Your Real Estate Side Hustle

Investing in real estate is one of the best ways to generate passive income and, ultimately, reach financial independence. In this episode, Peter will discuss options for your real estate side hustle so you can generate income outside of your day job. If you’ve been interested in real estate investing but haven’t known where to start, one great way to test the waters is by using real estate as a side hustle. If complete financial independence is your goal, a side hustle can fast-track your journey by providing streams of passive income. Listen to PIMD Episode #113 to learn more…

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