How do I create multiple streams of income? How do I invest in real estate? In the Passive Income MD podcast, Peter Kim, MD, shares proven strategies and tactics to answer these questions to create your ideal life.
#46: Why It’s So Hard to Give Up Work
If you have multiple streams of income, would you give up work?
I talked to many people and they want to be free from their jobs but it's really hard to give up work. Even I struggled to figure out why and I’ve narrowed it down to three things.
#45: Should You Manage Your Rental Properties?
Should you manage your own rental properties? If the answer is no, then you will need to look for a property manager and this process isn’t easy.
But how can you find a good property manager? Or should you just manage it yourself? Here are some key questions to ask yourself before making a decision.
#44: 5 Reasons Why Doctors Should Have a Side Hustle
A side hustle is simply a way to make an income apart from your primary job. Physicians are jumping into this idea, not because they want to be rich. While money is an important part of the concept, there are other reasons a side hustle might be right for you.
#43: Different Types of Real Estate Funds feat. Nathan Clayberg
Nathan Clayberg is the Assistant Vice President at MLG Capital. As a bit of background, MLG Capital is a private real estate firm that has been in the industry for over 30 years. Across all investments made in that time, they’ve averaged a 2.3x multiple on an average hold period of approximately 6.5 years. Fund IV, their current offering, is a $200M Fund that seeks diversification across a basket of 25-30 smart real estate deals, targeting net returns to investors of 12-16%.
#42: What To Do When Your Time is Devalued
Your time is the most valuable thing in the world, and your goal should be to maximize the amount of value you get for your time. In fact, so many of the things I do, like hire virtual assistants, is to maximize the value of my time.
If your pay is has been drastically cut but you're expected to work the same amount, what do you do?
#41: 6 Ways to Invest in Apartment Buildings
One of my major goal for this year is to continue to invest in apartment buildings. It’s one of the best ways to earn passive income that I’ve found, and it’s what’s helped me achieve the financial freedom I now enjoy.
But deciding to invest in an apartment building is only the start so in this post we are going to talk about six ways to invest in apartment buildings.
How about you? How's your 2021 and have you set some goals?
Customer ReviewsSee All
Very informative about a wide range of topics re: passive income particularly pertain-able to MDs. I have learned so much!
Great source of info
Peter Kim does a great job organizing these! Thanks again!
Informative and interesting
This podcast is geared towards doctors, but speaking as someone who is not a doctor, the principles outlined are fairly universal, and are presented in a way that is easy to understand. Overall, it’s opened up my curiosity and given me a clearer understanding of how to set realistic financial goals for myself, and ways to go about achieving them, in terms of passive income.