The Passive Income MD Podcast

Many people agree that passive real estate is a great way to create additional streams of income. Although some are understandably intimidated by the idea of managing multiple properties, finding tenants, and making repairs. If the goal is to truly create passive income, then they determine that real estate really isn't an option.  In this episode, Dr. Peter Kim will dive into the age-old question...

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...

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 to...

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...

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 d...

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 shar...

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...

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. 

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 Propert...

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 multipl...

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 s...

In this episode, Peter interviews Andy Sinclair, CEO of Midloch investment partners. Midloch is a real estate private equity firm. They help investors make smart decisions about diversified real estate investing.  As we all know, there is much market uncertainty. Midloch highly believes in having a diverse portfolio, including industrial investing. Andy will discuss everything you need to know to...

In this podcast, Peter will give you a primer on Short-Term Rentals. He will discuss STR as an asset class, the benefits and tax breaks.     Over the past few years, short-term vacation rental platforms like Airbnb and Vrbo have gained immense popularity.    STRs are great for the consumer, but are they great for the investor? This is the focus of this podcast: An Intro To Short-Term Rentals.  By...

Every morning provides you a fresh start, and a chance to make progress towards your overall goals.  Plenty of successful people count their morning routine as (at least one of) the keys to their success, so it may be time to re-evaluate yours. In this podcast, Peter will talk about how you can create a morning routine that will aid the success to your day.

Should you invest in stocks or real estate? It's a big question, and there are many, many opinions out there.  While both certainly have their pros and cons, Peter will share with you why he prefers real estate over stocks. 

So much of life has become virtual and we are now confident in connecting with others across the world. Yet, there is a part that we miss… the energy and power of being in the same place at the same time with others.   As professionals in the medical field, we are not strangers to conferences.  However, the thought of ever going to a non-medical conference never even crossed Peter's mind… until he...

Welcome Vincent Chan of ChristinaLA to Passive Income MD Podcast! Vincent Chan is the Chief Operating Officer of Christina. He is responsible for establishing financial & operational policy, & working closely with the Christina management team to execute strategies & business plans. Christina is a Malibu-based real estate developer, manager, & sponsor founded in 1977. For 45+ years the firm has ma...

Do you have a dream bucket?   A dream bucket is the place in your mind where you can dream and plan without limitations. We can divide asset allocations between three buckets: The Security Bucket, The Risk or Growth Bucket, and The Dream Bucket. Of the three, the dream bucket is everyone's favorite bucket.  After working hard, saving, investing and strategizing to achieve financial freedom. You ge...

There are many ways to create passive income, but the most important factor here is how you respond to its invariability. Being proactive, not reactive, when it comes to passive income is not always natural. As physicians or high-performing professionals, we are great at tackling problems head on. Although, the vast majority of us focus on solving problems after the fact. It makes sense that we ac...

One of the most common questions I hear is actually one of the hardest to answer: "how do I know if a property is good to invest in?"   Still, when looking at a potential property, it's safe to say that the number one question you should be asking is this:  Will this property create the type of cash flow (now or in the future) that will help me reach my financial goals? Today's episode will help y...

The bottom line is this: do not choose one investment over another simply because it advertises a higher rate of return. I've been guilty of precisely this mistake on many occasions, and suffice it to say, it's gotten me into trouble. In this podcast, I will define the two main types of returns you'll usually see advertised in real estate deals: Internal Rate of Return (IRR) and Equity Multiple (E...

Multiple streams of income is the best way to build wealth. Peter discusses where & how to diversify so that you can broaden your portfolio.

How do you start investing in passive private real estate deals? Deals like syndications and funds? Where do you begin on this journey?  I get questions weekly on "where do I start?" There is a ton of information out there and it can be intimidating when just beginning this journey of passive real estate investing.  I absolutely believe that real estate investing is one of the best, most sustainab...

It's the 100th episode of Passive Income MD!!!   Today you will hear the backstory of how the podcast started. We will examine the sole purpose of the Passive Income MD Podcast to help you live your best life on your own terms.  If this is the only episode you ever listen to... Or, if this were to be the last podcast I ever recorded... Here are seven key points you need to hear to become a wise in...

What is the key to successful investing? It's time to think broadly and use diversification in your investment portfolio. Especially in a season of economic uncertainty, it may be time to think about a breadth of investments instead of focusing on depth.  Many would say the key to successful investing is to have a financial strategy. Although, after years of research, interviews, and even some tri...