The Passive Income MD Podcast

Dr. Peter Kim reveals how high-earning physicians can stop overpaying taxes. He unpacks practical strategies like utilizing retirement accounts, leveraging real estate, and creating side hustles. Listeners learn about the benefits of forming LLCs or S-corps to boost income and how donor advised funds can optimize giving. Kim emphasizes the importance of financial education and collaborating with tax professionals for smarter decisions. It's all about keeping more of that hard-earned money!

In this episode, Dr. Peter Kim dives into a topic that’s on the minds of so many physicians—financial independence versus financial freedom. Are they the same? Are they different? And more importantly, which one are you really chasing? He breaks down the distinction between the two, why it matters, and how understanding the difference can completely reshape your goals and the path you're on. Gain insights that will help you clarify your direction, define your personal goals, and ask the important questions: What does your ideal life actually look like? And what steps are you taking to get there? Get ready for a conversation that’s both inspiring and practical—because as Peter says, it’s not really about the money… it’s about having choices. 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.

In this episode, Dr. Peter Kim shares how hiring a virtual assistant (VA) can be a game-changer for busy doctors. If you’re feeling overwhelmed with tasks like emails, scheduling, or even managing a side hustle or real estate, this episode is for you. Peter explains what a VA can do, how to find one, and how they’ve helped him save time and stress in both work and life. He also shares real examples of other doctors who use VAs to free up time and grow their income. If you’re ready to get more done while working less, you’ll want to listen to this one. Tune in! Want to save time, reduce stress, and finally delegate? Download The Ultimate Physician’s Guide to Hiring a Virtual Assistant — a free checklist and step-by-step guide made just for busy doctors. You’ll learn how to identify tasks to outsource, where to find a VA, what to ask during interviews, and tools to manage everything smoothly. Grab it now and start taking control of your time! Download the Guide Now! 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. Like what you heard? Subscribe and Rate Us!

In this episode, Dr. Peter Kim interviews Andrew McLean of Invest.Green, an experienced entrepreneur and investor focused on sustainable energy. Andrew shares how Invest.Green is giving retail investors—like physicians and high-net-worth individuals—access to exclusive green investment opportunities typically reserved for institutions. With AI, crypto, and data centers driving massive energy demands, he explains why clean energy is one of the biggest financial opportunities of our time. Andrew breaks down how Invest.Green identifies high-quality deals, ensures liquidity, and helps investors get in at the same level as institutions. If you’re looking to diversify your portfolio with sustainable investments, this episode is packed with insights you won’t want to miss! 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. Invest.Green brings this episode to you. Invest.Green is building a membership-based network to connect companies, investors, and financial advisors in the green economy. Their mission is to channel more capital into high-quality green investments—especially from retail investors—by providing institutional-grade research and insights. Through interviews, research reports, events, and podcasts, they deliver expert content that educates and empowers investors. Modeled after the PRI’s success, Invest.Green is creating a global community to drive the future of sustainable investing. Learn more about Invest.Green Like what you heard? Subscribe and Rate Us!

Discover seven lucrative side hustles perfect for physicians looking to enhance their income and achieve greater freedom. Explore opportunities in telemedicine, consulting, public speaking, and mentorship that tap into your medical expertise. Hear success stories from physicians who've transformed their financial landscapes and learn practical tips to turn these ideas into thriving businesses. Whether you're aiming to reduce clinical shifts or just seeking personal growth, this insightful conversation is your guide to building a more lucrative future.

Learn how to safeguard your wealth as a high-income earner in a world of financial risks. Discover effective strategies using LLCs, trusts, and the right insurance to keep your assets safe from lawsuits. Avoid common pitfalls and take proactive steps towards financial security. Plus, get excited about an upcoming summit designed to empower physicians with insights on building diverse income streams and wealth management. Secure your financial future and start sleeping better with these invaluable tips!

Explore how a scarcity mindset might be sabotaging your career and personal life. Learn the detrimental effects of fear-driven decisions and the importance of community. Discover strategies to shift towards an abundance mindset which fosters collaboration and growth. Hear personal stories illustrating the extremes people go to succeed and get inspired by upcoming opportunities to achieve financial freedom. It's time to break free from limitations and embrace a journey toward multiple streams of income.

In this episode, Dr. Peter Kim dives into the hidden risks of real estate syndications and how to avoid them. He shares his own experiences—both good and bad—to help you make smarter investment decisions. Peter breaks down the importance of vetting sponsors, understanding market risks, reviewing deal structures, and planning for liquidity and exit strategies. Whether you're new to syndications or have been investing for years, this episode will give you the tools to invest with more confidence. Stay tuned! 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. 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. Like what you heard? Subscribe and Rate Us!

In this episode, Dr. Peter Kim tackles a topic many physicians face but rarely discuss—burnout. While the term gets thrown around, the struggle is real. He breaks down what truly causes burnout, from lack of control to moral injury, and why so many feel stuck. But more importantly, he shares actionable steps to regain control, set boundaries, and build resilience. From diversifying income to realigning with your values, this episode is packed with strategies to help you create a fulfilling and sustainable life. If you’re ready to take back control and redefine success, stay tuned! 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. Like what you heard? Subscribe and Rate Us!

Discover how busy professionals can kickstart their real estate investing journey amid hectic schedules. Dive into Dr. Peter Kim's personal transformation from a full-time physician to a thriving investor, showcasing how small, actionable steps lead to financial freedom. Explore essential strategies and join supportive communities tailored for physicians to balance careers with entrepreneurial pursuits. Plus, learn about a helpful resource that compares various real estate investment strategies to find the right fit for your goals.