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.
#120 Value Of Due Diligence During A Recession
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 doing due-diligence, focusing on how to move through the current market challenges, and what to look for in a deal during a recession.
To connect with Dr. Pranay Parikh or for more information, go to the Ascent Equity Group >>> https://ascentequitygroup.com/
#119 Create Alignment Of Interest With The Right Sponsor
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 deal.
As partnering with the right sponsor is the foundation for successful syndication, here are a few ways to make sure your sponsor's interests are in line with yours.
We talk in depth about all of this and more in our course – Passive Real Estate Academy. Want to learn everything about investing in real estate with confidence? You can grab your seat right here!
#118 Purpose, Identity, & Connections… The Grit Of A Good Life
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 shares his inspiring story of moving past burn-out to practicing medicine in the areas where his passion lies. He also describes that before you begin your journey into financial independence, do the work in defining what a good life would be for you in areas of purpose, identity, and connections.
This episode is a must-listen!
#117 How To Invest In Real Estate During A Recession
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 “real estate is where you want to be when there is inflation. It’s real property, you have a mortgage rate lower than inflation, and you're tax efficient.”
Listen to this episode in full to catch all the insider’s tips from the experts.
#116 Real Estate Syndications 101 [How It Works]
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.
#115 How To Turn Massive Income To Passive Income
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 Properties", "How to Invest in Real Estate" and "The Intention Journal".
Over the past decade, he was the past host of the Bigger Pockets Podcast of over a hundred million downloads. He has a tremendous track record that he built up through multi-family; including apartments and mobile home parks.
Brandon Turner is the keynote speaker at PIMDCON 2022, September 23rd-25th, our Live In-Person and Virtual conference where we help you establish financial freedom through passive real estate.
He has a variety of guests and actionable steps. I’ve just binge listened to the show and have thoroughly enjoyed it. We probably could turn one of his frequent “to be honest with you” phrases into a drinking game, but when it comes to the content of the show I think he deserves good marks.
Would you be the fifth in my circle? 😂jk
I just listened to your episode about being the average of the five physicians you spend time with. I am fairly new to the world of finances. I’m a 50 yo oncologist who did not even know how to access her ATM bank as I let everyone else deal w my finances. After discovering you and WCI I am speed learning. I wish I could give you a big hug as you made me tear up after this podcast (that I listened to during my 20 min “lunch” break in between seeing patients doing EMR and wishing I had a third arm to shove food in my face.
Thank you for all that you do..
Motivational and Inspiring!
Peter Kim is an insightful host and motivational interviewer. I enjoyed learning from each of his guests and learning about their journeys. Great Podcast!