Interview with Dr. Peter Kim

In this week's PNC Podcast episode, we learn why private real estate deals are a great way to diversify income. And investing in real estate makes a very nice part-time side hustle.

Earlier this year, I was a participant in the Leverage & Growth Virtual Summit, organized by Dr. Peter Kim from Passive Income MD. It was a unique experience with about 50 experts providing valuable teaching over 2 weeks. I had a lot of fun participating as faculty. I also enjoyed watching the other videos that were posted. Many of you told me you found it helpful and inspirational.

Our Sponsor

We're proud to have the University of Tennessee Physician Executive MBA Program, offered by the Haslam College of Business, as the sponsor of this podcast.

The UT PEMBA is the longest-running, and most highly respected physician-only MBA in the country, with over 650 graduates. And, unlike other programs, which typically run 1 – 1/2 to 2 years, this program only takes a year to complete. Recently, Economist Magazine ranked the business school #1 in the world for the Most Relevant Executive MBA.

While in the program, you'll participate in a company project, thereby contributing to your organization. As a result, the University of Tennessee PEMBA students bring exceptional value to their organizations.

Graduates have taken leadership positions at major healthcare organizations. And they've become entrepreneurs and business owners.

By joining the University of Tennessee physician executive MBA, you will develop the business and management skills needed to find a career that you really love. To find out more, contact Dr. Kate Atchley’s office by calling (865) 974-6526 or go to

Private Real Estate Investing Is a Great Side Hustle

I wanted to get Peter on the podcast to learn more about his background, and his online ventures. Is he still practicing? Why did he create Passive Income MD? What new projects has he developed? Why is passive private real estate investing such a good side hustle?

As I have interacted with physicians seeking nonclinical careers, I found that many achieve fulfillment and balance by starting side hustles to complement their clinical careers. You’ll remember, perhaps, that Peter Steinberg really loved his work as an expert witness, while still practicing urology. And Dave Draghinas balances his practice with his podcast and short-term real estate investing.  Ideally, we ought to be passionate about these endeavors and they should help diversify our income.

Today, Peter discusses several important topics:

  1. Why we should diversify our income streams;
  2. Why private real estate investing is such a popular choice for passive income;
  3. Which real estate investing options are ideal for busy professionals; and,
  4. The Passive Real Estate Academy that he and his team have relaunched this month, and why you should enroll.

Peter really knows real estate, and it is so cool that he has spent the time and energy to create a place where we can learn from his successes and failures.

To learn more about his course, go to (this is an affiliate link). 


Peter provides a brief explanation as to why generating passive income using private real estate deals is such an important topic to consider. It is easy to learn. Most physicians have incomes to make it an appropriate investment. It will help us hedge against possible job loss or cutbacks as we've during the COVID-19 pandemic.

And for a very short time, you can have access to a free Webinar, or consider joining his Passive Real Estate Academy, where he'll teach you everything you need to know about creating a passive income stream with certain types of real estate investments.

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The Clinicians Career Cooperative Is Live

This is the ONLINE MARKETPLACE OF IDEAS for nonclinical and unconventional clinical jobs and side gigs. It's a FORUM where you can ask questions of experts in multiple careers. We have some of the most influential names in career transition to mentor members in the Cooperative, including Maiysha Clairborne, Michelle Mudge-Riley, Tom Davis, Marjorie Stiegler, Phil Boucher, Mike Woo-Ming, Jarret Patton, Jill Wener, Christopher Loo, Lisa Jenks, Mandy Armitage, and Brent Lacey

There is an automatic Free Trial. So, this is a no-risk opportunity to connect with experts and begin your career transition today.

To check it out, head to the Clinicians Career Cooperative.

Imagine what it will be like 6 to 12 months from now to start a fulfilling career, and leave behind the headaches, long hours, and constant threat of a lawsuit. Joining the Cooperative is the first step on that journey!

So head over to the Clinicians Career Cooperative.

The Nonclinical Career Academy Membership Program recently added a new MasterClass!

I've created 16 courses and placed them all in an exclusive, low-cost membership program. The program provides an introduction to dozens of nontraditional careers, with in-depth lessons on several of them. It even includes my full MSL Course. There is a money-back guarantee, so there is no risk to signing up. And I'll add more courses each and every month.

Check out the home page for the Academy at

Thanks to our sponsor…

Thanks to the UT Physician Executive MBA program for sponsoring the show. It’s an outstanding, highly rated, MBA program designed for working physicians. It is just what you need to prepare for that fulfilling, well-paying career. You can find out more at

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Podcast Editing & Production Services are provided by Oscar Hamilton


Many of the links that I refer you to, and that you’ll find in the show notes, are affiliate links. That means that I receive a payment from the seller if you purchase the affiliate item using my link. Doing so has no effect on the price you are charged. And I only promote products and services that I believe are of high quality and will be useful to you, that I have personally used or am very familiar with.

The opinions expressed here are mine and my guest’s. While the information provided on the podcast is true and accurate to the best of my knowledge, there is no express or implied guarantee that using the methods discussed here will lead to success in your career, life, or business.

The information presented on this blog and related podcast is for entertainment and/or informational purposes only. It should not be construed as medical, legal, tax, or emotional advice. If you take action on the information provided on the blog or podcast, it is at your own risk. Always consult an attorney, accountant, career counselor, or other professional before making any major decisions about your career.