The Passive Income MD Podcast

Latest Episodes:

#104 Does The Potential Property Pass The 1% Rule? Apr 25, 2022

Show notes

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 you narrow your financial goals and teach you how to apply the 1% rule as you navigate through making a wise investment decision.

The 1% RULE can be realized when the rental income per month is > 1% of the Property's Purchase Price.

Does your potential property investment pass the 1% rule?

#103 Should You Choose The Deal With The Higher Advertised Rate Of Return Apr 18, 2022

Show notes

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 (EM). Both these metrics are important to use when determining if you should invest and how they match your personal goal. I will also discuss the risk and the assumptions of manipulation.

#102 Build Wealth Through Multiple Streams Of Income Apr 12, 2022

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

#101 Roadmap to Passive Real Estate Investing Apr 04, 2022

Show notes

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 sustainable, and quick ways to ultimately build streams of passive income to achieve financial freedom.

In today's episode, I will lay out a roadmap to help you get where you want to be.

After all, the goal is to invest in passive real estate to have control of your time to invest in what really matters…the people who are most important to you!

#100 Seven Keys To Become A Wise Investor Mar 28, 2022

Show notes

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 investor.

If you listen weekly as you drive, walk your dog, or spend time in the gym...I want to thank you! I could not have gotten this far without you. Thanks for sharing this podcast with so many people, weekly the number of people who tune in increases!

It's been an amazing ride.

Thanks for listening! Peter

#99: Mindset Is The Key To Successful Investing Mar 21, 2022

Show notes

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 trial and error…I have found that the right strategy is just 20% of the equation. The other 80% is your mindset.

With the right mindset, you can set your goals and create the life you want!

Are the decisions you're making today helping you reach your life goals?

#98: You Are The Average Of The Five Physicians You Spend The Most Time With Mar 14, 2022

Show notes

Who are the five physicians you spend the most time with who help you grow, learn, and push you to reach your goals?

#97: Doctors Make Great Entrepreneurs Mar 07, 2022

Show notes

The modern physician is not limited to medicine. Becoming a doctor has given you the skills also to become an entrepreneur.

Peter Kim discusses the reasons why doctors make great entrepreneurs.

https://passiveincomemd.com/podcast97/

#96: Obstacles That Prevent You From Succeeding Feb 28, 2022

Show notes

Doctors creating multiple passive income streams enable you to work less while maintaining the lifestyle you love. Some want to leave medicine altogether. While creating passive income is not always easy to come by.

What reasons often hold us back from achieving this goal, and most importantly, how can you overcome those obstacles?

https://passiveincomemd.com/podcast96

#95 Ask The Right Questions Before You Invest, ft. David Scherer Feb 21, 2022

Show notes

Origin Investments' Growth Fund IV will be a diversified portfolio of Class A, multifamily, ground-up developments with high growth potential.

Key Points Of Podcast: