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/

#120 Value Of Due Diligence During A Recession, ft. Dr. Pranay Parikh, MD

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In this episode, Dr. Peter Kim takes on a topic that often generates questions from our listeners and colleagues — Trusts. Whether you're just beginning to think about how your assets will be handled once you've passed or if you're already conducting research, join us to get the answers that will help you kickstart your preparation. 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!

#214 Trusts 101: When Do You Need a Trust?

In this episode, Dr. Peter Kim shares valuable insights on building your financial dream team. Discover how to assemble a trustworthy and competent team to enhance your investment strategies, finances, and life in general. Tune in to learn how to navigate the process of selecting and vetting professionals, ensuring you have the right support for your financial goals. 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!

#213 Building Your Financial Team

In this episode, Dr. Peter Kim delves into the world of building wealth with luxury vacation rentals, featuring a special guest, Philip Kang of Wandery Capital. Join us as we explore the advantages of investing in vacation properties and exclusive benefits for PIMD investors. Tune in for valuable insights on wealth-building through luxury short-term rentals! 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.​ Wandery Capital brings this episode to you.  ​Wandery Capital, an investment firm specializing in luxury short-term rentals, is launching its second short-term rental fund, offering a passive income opportunity. Exclusive for PIMD readers, Wandery Capital's Fund II highlights include annual distribution targets of 8-10% (first payout: Q1 2025), cash-on-cash returns of 10-12%, a gross IRR target of 25%+, an investor-preferred return of 8%*, an equity multiple of 2.8x+, and a 5-year investment term. Like what you heard? Subscribe and Rate Us!

#212 Building Wealth with Luxury Vacation Rentals

In this episode, Dr. Peter Kim delves into advanced 1031 Exchange Strategies. Join us as we explore various kinds of 1031 exchanges and how to maximize its benefits to optimize taxes, real estate investments, and generational wealth. 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. Ascent Equity brings this episode to you.  ​Ascent Equity Group provides doctors access to unmatched investment opportunities with exclusive sponsors. We help you build wealth through low-risk, high-growth real estate investments in strong markets throughout the U.S. giving you access to syndication sponsors with the most impressive track records. At Ascent Equity, all decisions are made in your best interest, providing transparent insight into your real estate investments’ operations, performance, and execution. We share your dream of being more present with your family, establishing wealth for the next generation, and practicing medicine on your own terms. Like what you heard? Subscribe and Rate Us!

#211 Guide to Advanced 1031 Exchange Strategies

In this episode, Dr. Peter Kim delves into the key principles of building a business that one can truly be proud of. From exploring ventures outside of medicine to staying committed to your passions, he shares valuable insights on navigating the entrepreneurial journey with integrity and purpose. Tune in as we explore the foundations of building a successful and fulfilling business. 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!

#120 Value Of Due Diligence During A Recession, ft. Dr. Pranay Parikh, MD

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