The Scrub-In

In this episode, Kim 2.0 breaks down the fundamental difference between preferred returns and equity splits in real estate syndications. Learn the typical waterfall structure (return of capital, preferred return hurdle, GP catch-up, promote split), understand the difference between true preferred returns and pari passu structures, and explore real-world return scenarios comparing conservative (7% pref), balanced (8% pref with full equity), and growth-oriented (lower pref, higher equity) approaches. Discover why the balanced approach of 8% preferred return plus full equity participation typically delivers 13-15% IRR for physician investors, how tiered waterfalls incentivize sponsor outperformance, the critical importance of cumulative vs. non-cumulative preferred returns...

In this episode, Kim 2.0 breaks down how to read a Private Placement Memorandum (PPM) without a law degree. Learn the essential 7-step process to review a PPM in just 2-3 hours, identify the three most critical sections (capital structure, fees and waterfall, control rights), spot red flags that signal misalignment or poor transparency, understand the waterfall distribution structure and how sponsors get paid, evaluate sponsor track record and co-investment requirements, ask the right questions before committing capital, and recognize tax considerations including K-1 documents and depreciation benefits. This episode empowers busy physicians to invest like professionals by treating PPM...

In this episode, Kim 2.0 breaks down real estate syndications for high-achieving female orthopedic surgeons. Learn the definition of syndications, how they work, the structure of deals including general partners and limited partners, typical returns of 6-10% quarterly cash flow, tax advantages like depreciation deductions, diversification benefits, accreditation requirements, and important risk considerations. This episode explains how syndications allow physicians to build wealth outside of medicine without the time commitment of direct property management, explores the sponsor-dependent nature of these investments, and provides guidance on evaluating deals and vetting sponsors before committing capital. Kim 2.0 shares her 30-minute sponsor diligence framework...

A comprehensive guide for passive energy investors explaining the February 28th U.S. and Israel military strikes on Iran, the closure of the Strait of Hormuz blocking 20% of global oil supply, the resulting 14-17 million barrel per day supply gap, how WTI crude surged from $68 to over $102, the role of strategic reserve releases and the mid-April threshold, the Permian's position as the world's swing producer, what this means for energy fund distributions and cash generation, and key variables to monitor including Strait traffic, inventory levels, and rig counts.

A comprehensive guide for passive real estate investors explaining what a Schedule K-1 is, why syndications are structured as pass-through entities, what appears on K-1s including phantom income from depreciation, what CPAs need to understand about K-1s, red flags for CPAs lacking real estate expertise, best practices for preparing CPAs before tax season, and a free Excel workbook offer with a passive investment tracker and K-1 log.

In this episode, Kim 2.0 explains the Schedule K-1 form, one of the most important documents for passive investors in real estate syndications. We cover: 
• What a K-1 is and why it matters 
• The difference between distributions and K-1 reported income 
• Phantom income and depreciation deductions 
• Passive activity loss limitations 
• What to discuss with your CPA 
• Red flags indicating your CPA may lack real estate syndication expertise 
• Best practices for tax season preparation Perfect for physician investors building passive wealth through real estate syndications.

You're Not Alone—Even When It Feels Like It

Let's be honest: navigating alternative investments as a female orthopedic surgeon can feel isolating. Your colleagues aren't talking about private real estate deals in the lounge. Your financial advisor pushes the same old Wall Street playbook. And meanwhile, you're exhausted, craving control, and wondering if there's a better path.

There is. And you're more ready than you think.

In this episode of The Scrub In, Kim 2.0 (Dr. Kimberly Workman's AI counterpart) tackles the confidence gap that holds so many high-achieving women back from claiming th...

Stop Wasting Time on the Wrong Sponsors

You're too busy for games. Between surgeries, call schedules, and trying to have a life, you need a fast, reliable way to separate the real deal sponsors from the pretenders.

In this episode of The Scrub In, Kim 2.0 (Dr. Kimberly Workman's AI counterpart) breaks down her 30-minute sponsor evaluation framework—specifically designed for high-achieving female orthopedic surgeons like you who are exploring commercial real estate syndications.

You'll Learn:

This episode is specifically for our current investors. Consider this your insider briefing on the Camelback Corridor and Biltmore submarket—where the money lives in Phoenix.

Dr. Kimberly Workman takes you deep into the numbers: why institutional buyers are paying $331,000 per unit for new builds, and why we're targeting vintage properties at $66,000-$175,000 per unit in the same corridor.

What You'll Learn:

You didn't go through med school, residency, and fellowship to spend your weekends analyzing cap rates. But here's the thing: the physicians who build real wealth understand one simple truth—your income is not your wealth. Your assets are.

In this episode, Dr. Kimberly Workman breaks down why January 2026 might be the best entry point for vintage multifamily in Phoenix that we've seen in years. Learn why smart money is avoiding shiny new builds and targeting "ugly" 1970s-1990s garden-style properties instead.

Key Takeaways:

Welcome to Episode 1 of The Physician LP.

In this debut episode, we introduce Dr. Kimberly Workman - a board-certified orthopedic surgeon, Fellow of the American Academy of Orthopaedic Surgeons, and Fellow of the American Orthopaedic Foot and Ankle Society. She specializes in foot and ankle surgery at Providence St. Vincent Medical Center in Portland, Oregon.

But here's what makes her story remarkable: while working full-time in the OR, Dr. Workman raised $10 million in capital and founded Sola Capital Ventures - a firm built to help physicians deploy capital into commercial real estate the smart way.<...