The Passive Income MD Podcast

In this episode, Dr. Peter Kim walks you through his simple and intentional annual planning process. He shares how he reflects on the past year, identifies what truly matters, and sets meaningful goals for the year ahead. You will hear how he designs his "Freedom Calendar" so life comes first and work supports it, not the other way around. If you are feeling overwhelmed, reactive, or ready to create a year with more purpose, this episode will show you exactly where to start. Tune in! Lighstone Direct brings this episode to you. Lightstone DIRECT brings you the same multifamily and industrial deals that we pursue with our own capital — no middlemen, no blind funds. Partner with a $12B AUM institution. Lightstone co-invests a minimum of 20% in each transaction, right by your side. You're an institution. Time to invest like one. Learn more about Lighstone Direct! Are you looking for a community to encourage you as you begin, or want to accelerate your business to the next level? Then join thousands of physicians who share the same journey of creating their ideal lives through multiple streams of income by joining us in our Facebook communities such as Passive Income Docs and Passive Income MD.

In this episode, Dr. Peter Kim sits down with Eric Goodman, Managing Partner of Goodman Capital, to break down the billion-dollar shift happening in private lending. Eric shares how the recent banking crisis created a massive gap in the market, why private credit is surging, and what investors need to understand about risk, underwriting, and today's changing opportunities. If you've ever wondered how private lenders operate, what makes these deals safer or riskier, or how to evaluate a lending sponsor, this episode gives you a clear, insider look into a rapidly growing space. Tune in! Goodman Capital brings this episode to you. Goodman Capital is a New York–based real estate private equity firm specializing in alternative investments with a focus on real estate–backed private credit. Built on a legacy real estate investment platform dating back to the 1980s, the firm has sponsored funds and syndications for more than 1,000 investors worldwide. Goodman Capital has closed over $1 billion in financing transactions across the full credit cycle, from originating performing bridge loans to acquiring distressed and non-performing debt. Learn More About Goodman Capital! Are you looking for a community to encourage you as you begin, or want to accelerate your business to the next level? Then join thousands of physicians who share the same journey of creating their ideal lives through multiple streams of income by joining us in our Facebook communities such as Passive Income Docs and Passive Income MD.

In this episode, Dr. Peter Kim talks with seasoned investor and co-host of the PassivePockets podcast, Chris Lopez, about how smart investors are preparing for the next big buying window in real estate. Chris breaks down the signals he is watching in today's market, how he shifted from active to passive investing, and why return on equity is the key metric every investor should be tracking right now. If you want to position yourself for the opportunities coming over the next few years, this episode gives you the roadmap. Are you looking for a community to encourage you as you begin, or want to accelerate your business to the next level? Then join thousands of physicians who share the same journey of creating their ideal lives through multiple streams of income by joining us in our Facebook communities such as Passive Income Docs and Passive Income MD.

In this episode, Dr. Peter Kim explores how busy professionals can take back control of their time by using the Eisenhower Matrix to identify what truly matters. He shares his personal journey from constant overwhelm to creating structure through delegation, virtual assistants, and AI tools. Walk away with practical steps to simplify your schedules, focus on what's important, and finally start buying back your time. Tune in! Lighstone Direct brings this episode to you. Lightstone DIRECT brings you the same multifamily and industrial deals that we pursue with our own capital — no middlemen, no blind funds. Partner with a $12B AUM institution. Lightstone co-invests a minimum of 20% in each transaction, right by your side. You're an institution. Time to invest like one. Learn more about Lighstone Direct! Are you looking for a community to encourage you as you begin, or want to accelerate your business to the next level? Then join thousands of physicians who share the same journey of creating their ideal lives through multiple streams of income by joining us in our Facebook communities such as Passive Income Docs and Passive Income MD.

In this episode, Dr. Peter Kim talks with Jonathan Spitz, Head of Capital Formation at Lightstone Direct, about how the real estate market has shifted and what smart investors should know right now. Jonathan shares his journey from banking to leading one of the nation's top private real estate firms and explains how Lightstone is opening institutional-quality investments to everyday investors. They discuss market trends, opportunities in industrial real estate, and the biggest mistakes physicians make when chasing high returns. If you want to understand where the market is headed and how to invest with more clarity and confidence, this episode is a must-listen. Tune in! Lighstone Direct brings this episode to you. Lightstone DIRECT brings you the same multifamily and industrial deals that we pursue with our own capital — no middlemen, no blind funds. Partner with a $12B AUM institution. Lightstone co-invests a minimum of 20% in each transaction, right by your side. You're an institution. Time to invest like one. Learn more about Lighstone Direct! Are you looking for a community to encourage you as you begin, or want to accelerate your business to the next level? Then join thousands of physicians who share the same journey of creating their ideal lives through multiple streams of income by joining us in our Facebook communities such as Passive Income Docs and Passive Income MD.

In this episode, Dr. Peter Kim sits down with Dr. Manju Dawkins, a dermatologist and co-founder of Thimble Health, to share the inspiring story behind her mission to make needle procedures less painful and more compassionate. What began as a personal moment with her daughter during a routine vaccination grew into a full-scale innovation serving thousands of patients and healthcare professionals. Dr. Dawkins opens up about her journey from physician to entrepreneur, the challenges of balancing a startup with clinical work, and what it truly takes to turn an idea into impact. Her story reminds every doctor listening that they have the power to innovate, create, and lead meaningful change in healthcare. Tune in! Are you looking for a community to encourage you as you begin, or want to accelerate your business to the next level? Then join thousands of physicians who share the same journey of creating their ideal lives through multiple streams of income by joining us in our Facebook communities such as Passive Income Docs and Passive Income MD.

In this episode, Dr. Peter Kim shares 10 smart tax moves physicians can make before December 31st to save thousands, legally and strategically. From prepaying business expenses and using the Augusta Rule to leveraging real estate and hiring your kids, you'll learn practical ways to keep more of what you earn and start planning like the wealthy do. Tune in! Eckard Enterprises brings this episode to you. Eckard Enterprises, LLC, is a family-owned and operated alternative investment and asset management firm, specializing in mineral rights and the U.S. energy industry. Eckard believes that owning tangible assets is one of the safest, long-term investment strategies available in today's investment climate. Learn more about Eckard Enterprises! Are you looking for a community to encourage you as you begin, or want to accelerate your business to the next level? Then join thousands of physicians who share the same journey of creating their ideal lives through multiple streams of income by joining us in our Facebook communities such as Passive Income Docs and Passive Income MD.

Are you feeling uncertain about the real estate market right now? In this episode, Dr. Peter Kim shares five key trends that every physician investor should know. He discusses how high interest rates, slowing deal flow, and growing distress could present new opportunities. He also offers insights into smarter investing strategies and the importance of focusing on fundamentals. By the end of the episode, you'll have the insights to make smarter investment decisions moving forward. Tune in! Interested in Passive Real Estate Academy? Learn more about it here! Are you looking for a community to encourage you as you begin, or want to accelerate your business to the next level? Then join thousands of physicians who share the same journey of creating their ideal lives through multiple streams of income by joining us in our Facebook communities such as Passive Income Docs and Passive Income MD.

Are you living life by design or by default? In this week's episode, Dr. Peter Kim reflects on what made this year's PIMDCON unforgettable and how those same lessons can help you take control of your future! He explores how living with intention transforms your work, your freedom, and your mindset. You'll hear stories of physicians who turned uncertainty into action, learn how AI can simplify your life, and see why joining the right community can multiply your success. Tune in! Interested in Momentum MD? Learn more about it here! Are you looking for a community to encourage you as you begin, or want to accelerate your business to the next level? Then join thousands of physicians who share the same journey of creating their ideal lives through multiple streams of income by joining us in our Facebook communities such as Passive Income Docs and Passive Income MD.

In this episode, Dr. Peter Kim shares his powerful PIMDCON talk on what happens when the "arrival fallacy" sets in, the moment you realize hitting career milestones doesn't always bring fulfillment. He opens up about his own journey, the challenges physicians face with burnout and shrinking autonomy, and the importance of expanding identity beyond medicine. Peter shows how shifting what comes after "I am" can unlock freedom and purpose. Tune in to learn how you can step into new possibilities and design a life on your own terms! Interested in Momentum MD? Learn more about it here! Are you looking for a community to encourage you as you begin, or want to accelerate your business to the next level? Then join thousands of physicians who share the same journey of creating their ideal lives through multiple streams of income by joining us in our Facebook communities such as Passive Income Docs and Passive Income MD.

In this episode, Dr. Peter Kim sits down with Troy Eckard, the CEO of Eckard Enterprises, to talk about the world of working interest in oil and gas investments. Troy shares his decades of experience in the industry and explains how high-income professionals, especially physicians, can leverage these investments for significant tax benefits and strong cash flow potential. They break down what working interest is, how it differs from mineral rights and royalties, and why technology has transformed the oil and gas space, making it a much more reliable and rewarding investment today. Tune in! Eckard Enterprises brings this episode to you. Eckard Enterprises, LLC, is a family-owned and operated alternative investment and asset management firm, specializing in mineral rights and the U.S. energy industry. Eckard believes that owning tangible assets is one of the safest, long-term investment strategies available in today's investment climate. Learn more about Eckard Enterprises! Are you looking for a community to encourage you as you begin, or want to accelerate your business to the next level? Then join thousands of physicians who share the same journey of creating their ideal lives through multiple streams of income by joining us in our Facebook communities such as Passive Income Docs and Passive Income MD.

In this episode, Dr. Peter Kim chats with Dr. Tyler De Jong, an internal medicine physician and healthcare innovator, about his journey from private practice to embracing remote patient monitoring. Dr. De Jong shares how technology has improved patient outcomes and boosted his practice's revenue while helping him regain time and reduce burnout. If you're a physician looking to optimize your practice or curious about the future of healthcare, this episode is for you!. Tune in! DrKumo brings this episode to you. Drkumo is dedicated to educating and empowering individuals about the benefits and implementation of remote patient monitoring technology. Through a series of success stories, DrKumo Academy showcases real-life testimonials of patients whose lives have been significantly improved through the use of Remote Patient Monitoring. These stories highlight how continuous health monitoring has led to better disease management, early detection of potential health issues, and overall enhanced quality of life. By sharing these success stories, DrKumo Academy demonstrates the transformative power of patient engagement in telehealth by fostering a deeper understanding and wider adoption of this innovative healthcare technology. Learn more about DrKumo! Are you looking for a community to encourage you as you begin, or want to accelerate your business to the next level? Then join thousands of physicians who share the same journey of creating their ideal lives through multiple streams of income by joining us in our Facebook communities such as Passive Income Docs and Passive Income MD.

In this episode, Dr. Peter Kim interviews Jesse Stein, Chief Investment Officer at HomeShares, to explore a unique and fast-growing corner of real estate investing—home equity agreements. Together, they break down how these agreements work, why homeowners are turning to them for liquidity, and how investors can benefit from built-in downside protection and strong returns without the hassle of managing properties. Whether you're curious about diversifying your portfolio or discovering new ways to unlock real estate value, this conversation offers a fresh perspective on an emerging asset class. Tune in! Homeshares brings this episode to you. Most high-growth investments sacrifice protection. Homeshares doesn't. This fund offers access to home equity appreciation with built-in downside protection—home values can drop over 40% before principal is affected. It's long-term equity growth with the risk control typically found in income-focused strategies—ideal for physicians' portfolios. Learn more about homeshares! Are you looking for a community to encourage you as you begin, or want to accelerate your business to the next level? Then join thousands of physicians who share the same journey of creating their ideal lives through multiple streams of income by joining us in our Facebook communities such as Passive Income Docs and Passive Income MD.

In this episode, Dr. Peter Kim explores a question every doctor has thought about: "How much passive income is enough to finally have freedom?" The answer may surprise you, and it's not just about the money. He explains how to separate essential expenses from lifestyle wants, how to reverse engineer your freedom number, and why the real goal isn't to quit medicine but to create options. If you've ever wondered what it takes to practice on your own terms and design a life you love, this episode is for you. Tune in! How much is enough to finally work less? Download the Passive Income Goal Planner and find out! Eckard Enterprises brings this episode to you. Eckard Enterprises, LLC, is a family-owned and operated alternative investment and asset management firm, specializing in mineral rights and the U.S. energy industry. Eckard believes that owning tangible assets is one of the safest, long-term investment strategies available in today's investment climate. Are you looking for a community to encourage you as you begin, or want to accelerate your business to the next level? Then join thousands of physicians who share the same journey of creating their ideal lives through multiple streams of income by joining us in our Facebook communities such as Passive Income Docs and Passive Income MD.

In this episode, Dr. Peter Kim interviews Austin Dean, Founder and CEO of Waystone Advisors, to explore a fresh approach to building wealth through nontraditional financial planning. Austin shares how physicians and high-income earners can escape "money jail," create financial flexibility today, not just at retirement, and leverage alternatives like real estate, private lending, and other assets to design a life they love. If you've ever wondered how to take control of your money and buy back your time, this episode is for you. Tune in! Waystone Advisors brings this episode to you. Waystone Advisors is an independent wealth management firm based out of Redmond, WA. With over a decade of experience working with independence focused professionals, Waystone Advisors seeks to help people design their wealth in ways that create more control and flexibility as they pursue their financial goals. Learn more about Waystone Advisors Are you looking for a community to encourage you as you begin, or want to accelerate your business to the next level? Then join thousands of physicians who share the same journey of creating their ideal lives through multiple streams of income by joining us in our Facebook communities such as Passive Income Docs and Passive Income MD.

In this episode, Dr. Peter Kim interviews Dan Peck, Senior Loan Officer at Movement Mortgage, to tackle a common question: Should you still buy real estate with high interest rates? Dan shares valuable insights on navigating today's market, explains creative mortgage solutions, and highlights why real estate remains a smart long-term investment. Whether you're a first-time buyer or seasoned investor, this episode will help you make informed decisions. Tune in! Movement Mortgage brings this episode to you. Dan Peck and his team at Movement Mortgage have been working with clients to help them purchase real estate in all 50 states for over 25 years. Whether you are purchasing a Primary Residence, 2nd Home, Investment Property, or Short Term Rental, Dan's team will make the process seamless as you grow your real estate portfolio. Dan and his team are ready to help you today! Learn more about Movement Mortage. Are you looking for a community to encourage you as you begin, or want to accelerate your business to the next level? Then join thousands of physicians who share the same journey of creating their ideal lives through multiple streams of income by joining us in our Facebook communities such as Passive Income Docs and Passive Income MD.

In this episode, Dr. Peter Kim tackles a question nearly every physician faces: Should you hire a financial advisor or manage your money yourself? You'll learn the three questions to ask before hiring one, the pitfalls to avoid, and why you should never fully hand over control of your finances. Whether you're early in your career, nearing retirement, or somewhere in between, this episode will help you make a smarter, more confident decision about your financial future. Tune in! Eckard Enterprises brings this episode to you. Eckard Enterprises, LLC, is a family-owned and operated alternative investment and asset management firm, specializing in mineral rights and the U.S. energy industry. Eckard believes that owning tangible assets is one of the safest, long-term investment strategies available in today's investment climate. Are you looking for a community to encourage you as you begin, or want to accelerate your business to the next level? Then join thousands of physicians who share the same journey of creating their ideal lives through multiple streams of income by joining us in our Facebook communities such as Passive Income Docs and Passive Income MD.

In this episode, Dr. Peter Kim dives into a question every physician has considered at some point: When do you want to retire? He unpacks why so many doctors dream of retiring early, the real-life obstacles that stand in the way, and how to rethink what retirement actually means. If you've ever felt stuck or unsure about your retirement plans, this episode will help you gain clarity, build a plan, and start taking small steps toward true freedom. Tune in! Joining PIMDCON 2025? Click here to reserve your seat! Are you looking for a community to encourage you as you begin, or want to accelerate your business to the next level? Then join thousands of physicians who share the same journey of creating their ideal lives through multiple streams of income by joining us in our Facebook communities such as Passive Income Docs and Passive Income MD. Like what you heard? Subscribe and Rate Us!

In this episode, Dr. Peter Kim dives into the guilt and cultural pressure many physicians face when it comes to balancing work and personal life. He shares his own journey of stepping off the traditional path, finding freedom, and redefining success. If you've ever felt like you're living for everyone else but yourself, this episode is for you. Tune in to learn how to break free from the pressure and start living life on your own terms! Joining PIMDCON 2025? Click here to reserve your seat! Are you looking for a community to encourage you as you begin, or want to accelerate your business to the next level? Then join thousands of physicians who share the same journey of creating their ideal lives through multiple streams of income by joining us in our Facebook communities such as Passive Income Docs and Passive Income MD. Like what you heard? Subscribe and Rate Us!

In this episode, Dr. Peter Kim asks an important question: Is your physician salary as secure as you think? He shares his own story of how things didn't go as planned at his "dream job" and what he learned from that experience. You'll also hear why changes in healthcare, like reimbursement cuts, consolidation, and even AI, mean it's smart to have a backup plan. Whether you love your job or are thinking about what's next, this episode will help you feel more prepared and in control. Tune in! Eckard Enterprises brings this episode to you. Eckard Enterprises, LLC, is a family-owned and operated alternative investment and asset management firm, specializing in mineral rights and the U.S. energy industry. Eckard believes that owning tangible assets is one of the safest, long-term investment strategies available in today's investment climate. Are you looking for a community to encourage you as you begin, or want to accelerate your business to the next level? Then join thousands of physicians who share the same journey of creating their ideal lives through multiple streams of income by joining us in our Facebook communities such as Passive Income Docs and Passive Income MD. Like what you heard? Subscribe and Rate Us!