The Passive Income MD Podcast

I am often asked questions about entrepreneurship, passive income and real estate investing in our Facebook group, the Passive Income Docs , a group for MD/DO physicians who are interested in achieving financial freedom through multiple streams of passive income. Today's episode is a live Q&A session on various subjects. We cover work-life balance, debt, syndications, outsourcing, and rent control...

A lot of people come to me and tell me they don't even know where to start when they are offered a deal. One of the first questions you should ask is... Is it a debt or equity deal? Having invested in various types of each, I'd like to go over the pros & cons of each. Hope this helps! Also, good news! Our course launches today! Go to  passiveincomemd.com/course and learn to confidently invest in p...

The debate of whether or not being a physician guarantees job security has gone on for a while, but in these uncertain times, as many physicians around the country are being furloughed and let go, it has become obvious – job security in medicine is a myth. Any leverage that we once had as physicians is completely gone. Physicians are becoming more and more commodities that can be replaced by cheap...

I am often asked, "If you were to only invest in one type of passive real estate investment, what would it be and why?" Today's episode explores the pros and cons to either option - a real estate syndication vs a real estate fund. Join us today as we explore the differences between the two. https://passiveincomemd.com/podcast21  

So the economic downturn showed up with full speed, and we realized, as physicians, that our profession isn't as "bulletproof" as we thought. I have realized that medicine is not secure as a stand-alone profession, and I want to spread this message to as many physicians as possible. It is becoming an absolute necessity for physicians to create a second income stream...and if I can do it, so can yo...

Today we are discussing one of my favorite topics - the difference between active and passive real estate investing. We'll also discuss the two major distinctions in real estate, as there are different characteristics of each that might help you reach your goals faster and more efficiently. https://passiveincomemd.com/podcast19

In this episode, we have Dr. Vikram Raya. His formal medical training as a cardiologist has now expanded to owning clinics in functional medicine and growing income streams through both medicine and real estate businesses, Vitology Institute and Viking Capital. He did this by not only strengthening his skills, but his mindset as well. Learn how he built this foundation for success. https://passive...

First things first, there's still an entire week left of the Leverage and Growth Virtual Summit! Don't miss out. Registration is free at leverageandgrowth.com  and you'll get to hear from some phenomenal physicians, just like the guest on today's episode. Today on the show, we have Letizia Alto, co-founder of Semi-Retired MD. Her interview from the Virtual Summit discusses quick tips on how to ach...

As physicians, we've spent years and years learning how to care for the lives of other people, in large part by following what our attendings did. On today's show, we talk about why modeling successful people is the most effective way to learn and how you have the opportunity to do that with the Leverage and Growth Virtual Summit For Physicians starting May 11. It's free to register. You don't wan...

Today's episode is an interview from our Leverage & Growth Virtual Summit. On the PIMD Podcast today, we have Dr. Victor Mangona. Victor is a radiation oncologist who has dabbled in real estate, entrepreneurship, and so much more. He started out by buying his first real estate property in 2006 while in med school with plans to earn income from it in the future. Fast forward to 2015 when he started...

We've all heard that time is your most valuable resource. Have you thought about how much it's truly worth? Reassess if you're getting the most fulfillment out of your time spent, both personally and professionally. https://passiveincomemd.com/podcast14

Dr. Pranay Parikh shares his experience with investing in his first rental property. As a seasoned investor, it can often be difficult to remember what our first rental properties were like. Pranay went through this process just a year and a half ago, so it's still fresh in his mind. First time real estate property buyers won't want to miss this episode! https://passiveincomemd.com/podcast13

With most of one's day to day life operating online on a normal day, it's no question that online activity has skyrocketed in the recent weeks with the outbreak of COVID-19 and the need for quarantine. How do you make sure all of your online transactions are safe and secure? What about your financial accounts? Cybersecurity expert Kayee Tong came on the show to answer these questions for us, and t...

On today's bonus episode, we have Toby Mathis, co-founder of Anderson Business Advisors. He and I virtually sat down together for a FB Live Q&A about the CARES Act with the members of my Facebook Group for Physicians and high-income Professionals who want to create passive income. We spoke about the bill, how it was designed to keep the economy from falling off a cliff, and the opportunities withi...

The CARES Act was recently put into place to provide relief for Americans during this strange and difficult time we are experiencing. Doctors have been risking their lives every day to save those affected by the Coronavirus, and prevent others from exposure to the same. Hopefully, this information helps all of you in some way and helps you to understand how this policy can benefit you financially....

Eric Tait, MD shares the impact of COVID-19 on real estate, what it's like to navigate the role of landlord, and how to manage this situation full of short-term obstacles while we wait for more information on the long-term. Read the full show notes here: https://passiveincomemd.com/podcast9/  

Dr. Saya Nagori shares the ins and outs of telemedicine, how its adoption is accelerating due to COVID-19, and discusses opportunities for physicians to participate in this rapidly evolving technology.

For a lot of people, there are a variety of obstacles stopping them from creating extra sources of income. In this episode, I discuss what some of the most common ones are and how to overcome them.

Everyone knows that when the value of a rental property goes up, investors profit. However, that's just one way to make money in real estate. In this episode, we talk about 4 different ways that investors can profit from owning real estate.

Let's talk about the two most important words when it comes to personal finance. That's cash and flow. What happens when those two meet in your investments, your day job, your life? The amount that's left over after considering your cash coming in and your cash going out is the topic of today's show. It's super important to know about and quite frankly, a fundamental of finance you can't live with...

The White Coat Investor blog has become one of the holy grails of investing, practice management, charitable giving, loan management, debt management, stock investing, as well as personal finance. And, those are just a FEW topics addressed by Jim Dahle for the high-income physician. While his blog has been a great online resource for doctors, he chats on why his platform has been the direct channe...

We'll all get to that place where we decide to stop working or working as much. But during these times, there's a necessity to go in prepared financially. Colleagues like Physician on FIRE have cracked that code for physicians wanting to retire early and do so without worrying about how to pay for an enjoyable quality of life.  Click here for a FREE download of our great goal-setting tool and beco...

Why is talking about passive income important to someone who has a good-paying job? I think it's becoming more and more important as the days and the years go on, especially in our given fields, because of the way the world is moving, the way the politics is going, and the way the field of medicine isn't going and is going. But what does the term passive income really mean? --- Click here for a FR...

I got into medical school, then into residency and fellowship, and then finally a job. I felt like I had "made it". I had what I considered was my dream job. But after a few years I realized that medicine alone wouldn't give me the ideal life. I was missing time freedom. I started developing multiple streams of income and it soon gave me the option to work in medicine as much as I wanted. I wanted...

How do I create multiple streams of income? How do I invest in real estate? In the Passive Income MD podcast, Peter Kim shares proven strategies and tactics to answer these questions and create your ideal life. Want to be the first to know about our launch? Be sure to subscribe to the show and join our email list! When you sign up, you get a copy of our FREE SMART Goal Setting Worksheet !