Financial Freedom through Real Estate Investing with the Passive Income MD

Published on November 5, 2020

Trending YouTube videos related to work from home, people make money, and a Passive Income, Financial Freedom through Real Estate Investing with the Passive Income MD.

Real estate investing is one of the most popular options for doctors who want to start diversifying income.  Many start, and many fail.

This anesthesiologist’s life changed when he got his first deposits in his bank account, Realizing he no longer needed to substitute time for dollars, he now teaches other doctors the smart way to invest in real estate.  On this video you will learn the importance of financial freedom with the Passive Income MD himself, Dr. Peter Kim.

SHOW NOTES

What led the Passive Income MD to the investment world [3:41]

The book that provided insight and reflection about his own family [6:14]

Why physicians are the best real estate investors (and what stops them from starting) [8:21]

The best investment options for the novice real estate investor [11:01]

Why he started PassiveIncomeMD.com (which was not even his website to begin with!) [13:04]

Is Passive Income truly passive? [15:35]

Why a service for physicians to find home loans easier was long overdue [22:419]

More details about his upcoming conference in Los Angeles [27:03]

LINKS MENTIONED:

Financial Freedom Through Investing in Real Estate – One Day Conference Los Angeles, Sat October 26, 2019
https://www.passiveincomemd.com/conference

Curbside Real Estate (Physician Home Loan Service)

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GET MY FREE GIFT: Can I send you a free copy of my new book “The Positioned Physician”? ($19.95 Value) It details how to structure your medical career and avoid trading time for dollars – and It’s my gift to you (just cover a small shipping fee).

== https://www.positionedphysician.com/freebook/ ==

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Likewise, my fiancee and I like to take a trip. Start a master mind group & see yourself reaching your goals much faster than you ever believed possible. As you sell your inventory, you hire people to develop a group.

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Nevertheless, it depends how you purchase realty to see whether it’s actually a passive income source. With a passive income, you continue making cash and it does not matter if you work or if you do not work.

If you can discover any books on the subject, once you have discovered a concept you like that you think you can turn into a passive income then you ought to see. Conduct some internet research study by performing some googling on the subject, visit a comparable service to see how it’s done, and talk with a specialist in the field, talk with an accountant and legal representative about your idea, go over the idea with your household or buddies, and so on.

Now, I have a setup where I can work if I play or want if I want – at my own discretion! I decided a number of years ago that I could quit my daily job, develop some more passive income sources and do what I want whenever I want – for the rest of my life! If the government wants to provide me a Social Security examine eventually in the future, I certainly will not turn it down, however we can get along quite well without it, thank you.

The 3rd key to success is developing 2 or more passive income streams. With numerous income streams you can better handle the variation of your income. Stockbrokers will tell you the very same – diversify your income. Back in 2002 I had only ONE program and it was generating over $5,000 per month. Life was grand and I was simply starting to develop my savings. Then, the FDA actioned in and shut the business down. In 2002 this was my main income. My income went from $5,000 to $200 per month. Needless to say, my way of life altered extremely significantly. You do not have to make this very same error to find out how essential it is to diversify with 2 or more programs.

Other people are currently doing it. When others knock passive income ideas and tell you that you can never ever make one work do they actually expect you to think that there is nobody in the world currently doing this? Since you do not know anybody who informs you that they do this work does not indicate that they do not exist, simply. I do not personally know any curators, astronauts or firefighters however I do not doubt their existence. There is no doubt that making cash online is something which numerous, lots of people are currently doing, and the following points will assist us understand how.

It ought to be a brief term and medium range objective to have three or more various income sources working for you all at once. Among the simplest methods to do this is by being an affiliate online marketer where another person has the item and you market and promote it online. You make a particular percentage of the deal if it offers. This is a crowded market however if you discover specific niche markets you can do well in it.

Establish what is called a Connection Program on a subject you are either passionate about or a shown specialist in. A continuity program is a membership program which people join via your website, and after that pay you a monthly cost for the services you offer them.

You see, cash resembles people, you do not respect cash, it does not respect you either. It’s as easy as that. Focus on developing a terrific relationship with cash. Love it & respect it. Listen from the genuine experts. Start a master mind group & see yourself reaching your goals much faster than you ever believed possible.

Financial investment dividends we’ve worked so difficult to set up. You could choose to cut expenses until you get in better shape financially. Anticipate that when you make it, you will get to enjoy it for sure.

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