The Passive Income MD Podcast
Business & Finance
About
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.
Episodes
- #318 How My Wife and I Actually Run Our Money (Accounts, Expenses, and Big Decisions)
In this episode, Dr. Peter Kim breaks down how he and his wife actually manage their money as a couple, from account structures to big financial decisions, and why most couples are running a system that leaves at least one person flying bl…
- #317 The Employed Physician Trap Is Getting Worse
In this episode, Dr. Peter Kim shares the moment his department chief handed him an ultimatum with no warning and no room to negotiate, and why he was one of the few physicians who could actually walk away. He breaks down how 82% of physic…
- #316 What Watching My Parents Age Changed About My Financial Plan
In this episode, Dr. Peter Kim gets personal about something most physicians never see coming until they're already in it: the financial and emotional cost of watching your parents age. You'll hear why liquidity, passive income, and even t…
- #315 Why More Money Won't Solve the Problem You Think It Will
In this episode, Dr. Peter Kim gets into why hitting your next income target probably won't feel the way you think it will. Drawing from his own experience and conversations with other physicians, Peter makes the case that more money rarel…
- #314 The Diversification Mistake High Earners Keep Making
In this episode, Dr. Peter Kim breaks down why most physician portfolios aren't as diversified as they look, and what to actually do about it. He walks through six dimensions of diversification that most doctors never think about, using hi…
- #313 What Physicians Get Wrong About Market Timing (And What to Do Instead)
In this episode, Dr. Peter Kim breaks down why most physicians struggle with market timing and how that mindset can quietly hold them back from building real wealth. He shares hard-earned lessons from recent market cycles, including what h…
- #312 When a Real Estate Investment Doesn't Work Out: What to Do Next
In this episode, Dr. Peter Kim speaks directly to investors who are sitting on a real estate loss right now, not hypothetically, but for real. He walks through exactly what to do when a deal goes sideways, from getting your documentation t…
- #311 Working Backwards From Your Number: A Reverse-Engineering Framework for Physicians
In this episode, Dr. Peter Kim shares a powerful way to approach financial freedom by working backwards from your goals. He reveals how redefining your target and focusing on monthly passive income can transform your financial planning. Yo…
- #310 The Unfair Advantage You're Already Sitting On
In this episode, Dr. Peter Kim talks about the unique advantages physicians have when it comes to building wealth. He shares insights from his early experiences at a real estate meetup and explores how physicians, with their reliable and h…
- #309 Oil Prices, War, and What It Means for Your Portfolio
In this episode, Dr. Peter Kim sits down with Troy Eckard, the CEO of Eckard Enterprises, to reveal what's really going on with oil and why it could impact your money. They break down how global tensions and supply issues are shaping the e…
- #308 Where We Are in the Real Estate Cycle (And What It Means for Your Next Move)
In this episode, Dr. Peter Kim talks about the current real estate cycle and what it means for your next investment. He explains how the market shifted over the years and how rising interest rates are affecting real estate deals today. If…
- #307 The 7-Year Wall: Why Physicians Hit It and What to Do Next
In this episode, Dr. Peter Kim talks about the "7-year wall" many physicians feel when medicine starts to feel heavy, repetitive, and no longer as fulfilling. He explains why hitting this wall is often not failure, but a sign that growth a…
- #306 The 3 Types of Leverage Every Physician Should Be Building
In this episode, Dr. Peter Kim reveals the three types of leverage every physician needs to break free from the exhausting cycle of working harder for less. If you're tired of feeling stuck in the grind, chasing more hours just to stay afl…
- #305 Why Good Real Estate Deals Are Failing Right Now
In this episode, Dr. Peter Kim breaks down why many real estate deals that seemed solid are now struggling. He explains how rising interest rates and changing debt conditions are causing confusion among investors, even with good properties…
- #304 Why Cash Flow Matters More Than Net Worth Early in a Doctor's Investing Journey
In this episode, Dr. Peter Kim challenges one of the biggest assumptions in a doctor's financial journey: that a high net worth automatically equals freedom. He shares why so many physicians look successful on paper, yet still feel trapped…
- #303 Why Comparing Yourself to Other Doctors Will Always Mess With Your Head
In this episode, Dr. Peter Kim dives into the quiet mental battle so many physicians face but rarely talk about: comparison. He shares how even the most successful doctors can feel behind after a few minutes of scrolling or a quick convers…
- #302 When a Side Business Makes Sense for a Doctor (And When It Doesn't)
In this episode, Dr. Peter Kim speaks directly to physicians who feel stuck, burned out, and tempted by the idea of a side business. He walks through the consequences of getting this wrong and how to recognize the right moment to act. If y…
- #301 What Freedom Actually Looks Like for Physicians
In this episode, Dr. Peter Kim talks to the version of you that's tired of always being needed and rarely feeling free. He names the quiet frustrations physicians carry, the ones that don't show up on paper but slowly take away your time,…
- #300 Getting Back on Track at Home (Without Sacrificing Your Career)
In this episode, Dr. Peter Kim talks about the painful truth many physicians live with: work gets the best of you, and home gets what is left. He explains why it happens, even when you love your family, and what it looks like when the work…
- #299 Getting Back on Track Financially (Without Just Trying to Earn More)
In this episode, Dr. Peter Kim pulls back the curtain on why so many physicians still feel financial pressure despite high incomes and years of hard work. He explains the hidden reason money stress persists, and why working more often make…
- #298 Getting Your Time and Energy Back (Without Burning Everything Down)
In this episode, Dr. Peter Kim talks about why feeling exhausted isn't a personal failure. It's often the result of carrying too much for too long. He explores how time and energy slowly disappear through small, well-intentioned commitment…
- #297 Gradual Retirement: Finding Your Happy Place Without Walking Away From Medicine
In this episode, Dr. Peter Kim challenges the idea that physicians want to retire early or walk away from medicine altogether. He explores why most doctors are really seeking more control over their time, not an end to their careers. If yo…
- #296 Why More Money Isn't the Goal… Control Is
In this episode, Dr. Peter Kim challenges one of the biggest assumptions in medicine, that more money will finally bring freedom. He unpacks why so many high-earning physicians still feel rushed, exhausted, and stuck, even when they've "do…
- #295 The Freedom Shift: From Practicing Out of Necessity to Practicing by Choice
In this episode, Dr. Peter Kim challenges the belief that freedom in medicine comes later, after the loans, the burnout, or retirement. He introduces the "freedom shift," the moment when work stops being something you have to do and become…
- #294 Gold, Silver, and the Case for Precious Metals in a Modern Portfolio
In this episode, Dr. Peter Kim sits down with Tory Aggeler of McAlvany Precious Metals to unpack why gold and silver still matter in today's investing landscape. They explore how precious metals can protect purchasing power, diversify risk…
- #293 What This Hard Year Taught Me as an Entrepreneur, Investor, and Dad
In this episode, Dr. Peter Kim takes a thoughtful look back at a year filled with growth, challenges, and unexpected lessons. He opens up about navigating one of the toughest real estate markets he has ever experienced, what he learned fro…
- #292 Behind the Scenes — My Annual Planning Process
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…
- #291 Private Lending: The Billion Dollar Opportunity Banks Left Behind
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 ma…
- #290 How Smart Investors Are Preparing for the Next Big Buying Window
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…
- #289 How I Use Virtual Assistants and AI to Reclaim My Time
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…
- #288 Why Now Could Be the Best Time in Years to Invest in Real Estate
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…
- #287 How a Dermatologist Created a Startup to Revolutionize Needle Pain and Stress
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 a…
- #286 Year-End Tax Moves Every Physician Investor Should Know
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 hirin…
- #285 5 Real Estate Trends Physicians Need to Know Right Now
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 distres…
- #284 Living by Design, Not Default: Biggest Lessons from PIMDCON 2025
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 int…
- #283 Expanding Your Identity: Freedom Beyond Medicine
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 c…
- #282 Working Interests in Oil & Gas: Cash Flow and Tax Breaks for Physicians
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-i…
- #281 How a Private Practice Doctor Built a New Income Stream and Became a Medical Advisor
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 imp…
- #280 Home Equity Agreements: A Different Way to Invest in Real Estate
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…
- #279 How Much Passive Income Is Enough to Walk Away from Medicine?
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 e…
- #278 Is Traditional Financial Planning Broken for Doctors?
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…
- #277 Should You Still Buy Real Estate with High Interest Rates?
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…
- #276 Is a Financial Advisor Worth It? What Doctors Need to Know Before Hiring One
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 yo…
- #275 Why Doctors Want to Retire Early — But Most Can't
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 t…
- #274 Who Are You Living For? Breaking Free from Guilt and Obligation in Medicine
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 redefini…
- #273 Is Your Physician Salary Really Safe?
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…
- #272 The Investment Strategy I'd Recommend to My Younger Self (And Maybe You Too)
In this episode, Dr. Peter Kim shares what he wishes he knew right after residency. He opens up about money mistakes, lessons on investing, and how he'd do things differently if he could start over. Whether you're early in your career or a…
- #271 Depreciation 101: The Tax Benefit You Need to Understand Before Investing
In this episode, Dr. Peter Kim breaks down one of the most powerful yet misunderstood tools in real estate investing: depreciation. Whether you're new to passive investing or already building your portfolio, understanding how depreciation…
- #270 Leveraging Your Expertise: How to Earn More With What You Already Know
In this episode, Dr. Peter Kim explores how physicians can unlock new income streams using the knowledge they already have. He shares three practical ways to leverage your medical expertise beyond clinical work, where to find these opportu…
- #269 How I'd Invest $100,000 Into Passive Real Estate as a First-Time Physician Investor
In this episode, Dr. Peter Kim shares what he'd do if he were starting out with $100,000 to invest in passive real estate. Instead of going all in on one deal, he explains a smarter, lower-risk strategy that helps you learn, grow, and inve…