The Passive Income MD Podcast

From those who don't invest in real estate, I often hear objections commonly voiced, “I don’t want to be called in the middle of the night to unclog a toilet.” What I think they're getting at is that they're protective of their time and effort, and they're worried that investing in real estate is too time-consuming. For this podcast, I wanted to share my various experiences investing in real estate when it comes to time involvement. https://passiveincomemd.com/podcast71/

Troy W. Eckard is the CEO of Eckard Enterprises, a family-owned and operated energy asset management firm focused on the U.S. oil and gas industry. He has dedicated his entire career to the U.S. energy industry. He has a wealth of knowledge and expertise they offer to private investors who seek to develop a successful energy portfolio. He believes that owning tangible energy assets is one of the safest, long-term investment strategies available in today’s investment climate.

Dr. Jimmy Turner is a practicing regional anesthesiologist, owner of The Physician Philosopher blog, host of the Money Meets Medicine podcast and author of The Physician Philosopher’s Guide to Personal Finance. He strives to teach other medical professionals how to escape the burdens of student loan debt, invest efficiently, and find the financial freedom they deserve. As part of these efforts, Dr. Turner created a 10-week 4th-year medical school curriculum at Wake Forest called the Financial Literacy and Resiliency Education (FLARE) program. To join and save your spot for the Fall Alpha Group Coaching Experience, use this link: https://passiveincomemd.com/alpha-group-coaching https://passiveincomemd.com/podcast69/

Our guest this week is Stephanie Pearson, MD, FACOG, a Board Certified OB/GYN and an advocate and advisor for physicians’ disability insurance. A resident of Wynnewood, PA, Stephanie grew up in Southern New Jersey, received her B.S. from Emory University and her MD from MCP/Hahnemann (now Drexel University College of Medicine). Before becoming injured, she practiced obstetrics and gynecology at a community hospital in suburban Philadelphia. She now consults with residents and attending physicians about the importance and nuances of disability and life insurance at PearsonRavitz. https://passiveincomemd.com/podcast68

Does the perfect investment exist? Sometimes I feel like Indiana Jones, searching for the Holy Grail that is the “perfect investment.” I’ve spent time imagining what it would look like if it did exist.  https://passiveincomemd.com/podcast67/

Real estate investing is a powerful way to generate cash flow, build wealth, and increase your overall net worth. But it's not without risks. Here are some of those risks to consider when owning rental property. https://passiveincomemd.com/podcast66/

I often get this question, what’s the best way to evaluate an investment? In our Facebook group, Passive Income Docs, we talked about many potential ways to evaluate investments, one of these is cash-on-cash (CoC) return.   

Have you ever asked yourself how many summers you have left? A colleague said something that has really stuck with me. He said, “I don’t have too many summers left, so…” I did a little more thinking, and determined that there are a few major ways to make the most of the time I have. So how many summers do you have left? And how are you going to make the most of your summer?  https://passiveincomemd.com/podcast64/

Finances can be tricky, whether you are buying a rental property, investing, or making a budget. I’ll frequently find myself getting stuck in a classic “paralysis by analysis” situation. In times like this, what has helped me greatly is to refer to some simple rules of thumb for each situation. If you’re considering an investment or a purchase, having a rule of thumb can give you have a quick idea of whether it’s worth your time to pursue or analyze it further. Think of these rules of thumb as a basic guide to help make a quick determination. https://passiveincomemd.com/podcast63/

I've had several discussions with my colleagues regarding personal finance and retirement. Throughout these conversations, it becomes evident that most people have no idea what they actually need to retire or if they have enough cash flow because they don't track it.  In this podcast, we are going to talk about tracking your finances. https://passiveincomemd.com/podcast62/