Imagine, for a moment, the countless ideas that have sparked in your mind during a long shift. These ideas are brimming with potential but often buried under the weight of your daily responsibilities, never seeing the light of day. But what if these ideas, these whispers of innovation, are the key to not just your […]
What does it mean to be truly free? As long-time readers know, we here at Passive Income MD focus on helping physicians build enduring wealth, or what’s called financial freedom. Financial freedom is certainly part of the answer. But it’s important to remember that financial freedom isn’t an end in itself but a means to […]
Have you ever lined up a dream purchase or investment only to realize you were short on funds? For me, this experience goes back to my childhood. One of my favorite pastimes was going to the grocery store to scope out the candy and soda aisle. Sometimes, I’d put a couple of treats on the […]
Here’s Journal Club 9/3/21! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well! In real estate, you’ve probably heard the term “Leverage” more often than not. But what does it really mean? The author […]
The original title of this blog post was “What to Do If You Are in a Big Hurry”, but I opted for this more clickbaity title in hopes that more of you will read it. It is no secret that I am a big fan of getting rich slowly. Over the course of a full […]
Investing in real estate and in particular, owning rental properties, is a great way to build multiple streams of passive income. However, inherent in every real estate investment is the element of risk. If anyone tries to paint a different picture, avoid investing with that person. In fact, the risk is present in every type […]
The word leverage has different definitions and has slight nuances depending on the context it’s being used in. I’d like to talk about it in this particular post in terms of real estate investing. In this case, leverage means to use borrowed capital to increase the return of your investment. To many of you that […]
