Podcasts about thelandgeek

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Best podcasts about thelandgeek

Latest podcast episodes about thelandgeek

Real Estate Investing Abundance
Passive Income Investing without Renters, Rehabs Renovations or Rodents with Mark Podolsky Episode 507

Real Estate Investing Abundance

Play Episode Listen Later Feb 4, 2025 32:57


We'd love to hear from you. What are your thoughts and questions?In this enlightening conversation, Dr. Allen Lomax interviews Mark Podolsky, known as the Land Geek, who shares his transformative journey from a stressful investment banking career to becoming a successful land investor. Mark discusses the principles of passive income through land investing, the importance of personal growth, and the lessons learned from both successes and failures in his business. He emphasizes the significance of helping others achieve financial freedom and the role of education in navigating the land investment landscape.Main Points: Mark Podolsky transitioned from investment banking to land investing for freedom.He achieved significant financial success through land flipping.Helping others escape economic dependency is Mark's true passion.Material possessions did not bring lasting happiness to Mark.Therapy helped Mark realize the importance of internal fulfillment.The journey of personal growth is ongoing and essential.Mark emphasizes the importance of humility in business.Passive income can provide financial security and freedom.Education is crucial for success in land investing.Mark offers resources for aspiring land investors.Connect with Mark Podolsky:mark@thelandgeek.comwww.thelandgeek.comhttps://landgeek.samcart.com/products/dirt-rich?utm_source=dr-alex-schole&utm_medium=podcasthttps://www.linkedin.com/in/thelandgeek https://www.instagram.com/thelandgeek/https://www.facebook.com/thelandgeek/https://www.youtube.com/@TheLandGeek/

Real Estate Reserve Podcast
Geeking out on land with Mark Podolsky - #188

Real Estate Reserve Podcast

Play Episode Listen Later Mar 14, 2024 35:43


Geeking out on land with Mark Podolsky Armed with only $3,000, gut-wrenching fear, and absolutely no real estate experience… Mark bought his first few parcels of raw land in 2001. Today Mark is the author of Dirt Rich, the ultimate guide to helping you build a passive income. and owner of Frontier Properties, a very reputable and successful land investing company, and has been buying and selling land full time since 2001. By focusing on working smart, not hard, he has completed over 5,500 land deals with an average ROI of over 300% on cash flips, and over 1,000% on the deals he sells with financing terms. Prior to his land investing success, Mark had a high-stress, soulless corporate job, and felt trapped in a state of solo-economic-dependency (i.e. his income stopped as soon as he stopped working). Escaping solo-economic dependency changed Mark's life in so many positive ways that he decided to teach, coach and mentor others to help them achieve their financial goals. Even though Mark invests a lot of his time helping others, he stays actively involved in running his land investing business, and is dedicated to teaching the most current and relevant “real world” land investing methods to his students. Get your free book at: https://landgeek.samcart.com/products/dirt-rich?utm_source=real-estate-reserve&utm_medium=podcast If you enjoyed this podcast we would appreciate a positive review... https://podcasts.apple.com/us/podcast/real-estate-reserve-podcast/id1507982777  

Real Estate Investing With Jay Conner, The Private Money Authority
Building Wealth with Raw Land: Expert Insights from Mark Podolsky

Real Estate Investing With Jay Conner, The Private Money Authority

Play Episode Listen Later Dec 14, 2023 29:22


Uncover the fascinating world of land investing with Mark Podolsky, also known as the "Land Geek," in a captivating interview on the Raising Private Money podcast!Mark's incredible journey from leaving his job as an investment banker to becoming a successful land investor is truly inspiring. Here are some highlights from the episode:Mark's unique strategy of flipping land without physically visiting the properties, leveraging locals for tasks like property inspection and documentation.His approach to targeting financially distressed landowners and offering attractive financing terms to buyers to generate passive income from monthly payments.The minimal competition in land investing compared to other real estate niches, makes it an attractive and lucrative business model.Mark's emphasis on the importance of automation and efficient business practices to streamline operations and maximize returns.If you are interested in learning more about land investing and Mark Podolsky's incredible success story, make sure to tune in to the episode.Get valuable insights into unlocking the potential of land investments and building long-term wealth!Timestamps: 0:01 - Raising Private Money Without Asking For It2:43 - Mark Podolsky, a.k.a. the LandGeek6:14 - Jay Conner's Free Money Guide: https://www.JayConner.com/MoneyGuide  6:52 - Can You Be Dirt Reach With Land Investing?14:28 - Connect with Mark Podolsky: https://www.TheLandGeek.com   15:29 - Land Flipping: It's A Simple Model But Not Easy19:20 - The Thing with Franchise Business21:24 - Potential Motivated Sellers In Land Investing Business24:58 - Note Payment Of $100 For $1,000 Investment26:36 - What Is Land Arbitrage?29:21 - If You'll Do The Next 3 to 5 Years What Othe People Won't Do, You'll Be Able To Do For The Rest Of Your Life What Other People Can't Do - Zig ZiglarConnect With Jay Conner: Private Money Academy Conference: https://www.JaysLiveEvent.comFree Report:https://www.jayconner.com/MoneyReportJoin the Private Money Academy: https://www.JayConner.com/trial/Have you read Jay's new book: Where to Get The Money Now?It is available FREE (all you pay is the shipping and handling) at https://www.JayConner.com/Book What is Private Money? Real Estate Investing with Jay Connerhttp://www.JayConner.com/MoneyPodcast Jay Conner is a proven real estate investment leader. Without using his own money or cr

OnlyLandFans Podcast
Mark Podolsky AKA The Land Geek's Guide to Passive Income with Raw Land!

OnlyLandFans Podcast

Play Episode Play 40 sec Highlight Listen Later Dec 13, 2023 58:12


Join us in this enlightening episode as we sit down with Mark Podolsky, better known as The Land Geek, and delve into the transformative world of passive income through raw land investing. Mark, a seasoned expert, unveils his unique approach to solving money and time problems by leveraging the often-overlooked potential of raw land. He shares his journey of completing over 5,500 land deals and reveals the strategies behind his staggering returns - over 300% on cash flips and more than 1,000% on financed deals. Whether you're a novice dreaming of financial freedom or an experienced investor seeking new avenues, this episode is a treasure trove of insights on smart investing, time management, and achieving financial independence. Tune in and discover how raw land could be the key to unlocking your financial success.Enjoy the show!Mark Podolsky is the owner of Frontier Properties, a land investment company. Mark (AKA The Land Geek) is widely considered the Country's most trusted and foremost authority on buying and selling raw, undeveloped land within the United States.For more information on Mark, you can check him out here:Book: Dirt RichWebsite: https://www.thelandgeek.com/Podcast: https://www.thelandgeek.com/podcast/Mark's socials: https://www.youtube.com/channel/UCSAd3a8mtGZ8i6senVIHrbwhttps://www.facebook.com/thelandgeek/https://twitter.com/TheLandGeek?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5EauthorHere's the giveaway link from Mark's Podcast:Https://landgeek.samcart.com/products/dirt-rich◽️◽️◽️◽️◽️◽️⬇️OnlyLandFans Group⬇️https://www.onlylandfans.com/◽️◽️◽️◽️◽️◽️LET'S CONNECT ON SOCIAL:Website: https://www.Kendall-LeJeune.comInstagram: https://www.instagram.com/kendall_lejeuneTikTok: https://www.tiktok.com/@kendall_lejeune

Send More Offers Real Estate Show
The Land Geek's Guide to Passive Cash Flow with Mark Podolsky

Send More Offers Real Estate Show

Play Episode Listen Later Nov 23, 2023 34:07


Embark on a journey to financial success with Mark Podolsky in today's episode, where we chat about building wealth through smart land investments. Learn how to turn lots into a goldmine of opportunities and get ready to unlock the potential of land for unparalleled financial gains!     Key takeaways to listen for A strategic model to exponentially grow your capital when selling land Software tools to help you organize a list of lots and their prices Actionable tips on building a team for your land business How to objectively vet prospective land locations as an investor How much capital do you need to start investing in raw land?     Resources Craigslist  Facebook Marketplace: Buy and Sell Items Locally or Shipped Landmodo Land and Farm Land.com Land Century LANDFLIP  LandHub  DataTree Assessor Data LandVA4U ChatGPT The ONE Thing by Gary Keller and Jay Papasan | Kindle, Paperback, and Hardcover   Want to find the best-organized list of lots available near you? Check out www.datatree.com/thelandgeek and get a discount on your public land list.   Turn time into money with The Land Geek's secret weapon, now available when you click https://www.lgpass.com/. Scaling your land investment business has always been easier with this tool!   Learn how to create passive income in real estate without renters, renovations, and rehab through Mark Podolsky's book "Dirt Rich." Get a free copy of the book when you check out https://www.thelandgeek.com/dirt-rich/.      About Mark Podolsky Mark, AKA The Land Geek, is widely considered the country's most trusted and foremost authority on buying and selling raw, undeveloped land within the United States. He has invested in real estate and raw land since 2001 and has completed over 5,000 unique transactions. Frontier Equity Properties, LLC, Mark's company, is an A-plus-rated BBB real estate company. Mark hosts one of the top-rated podcasts in the investing category, aptly titled The Best Passive Income Model.      Connect with Mark  Website: The Land Geek | Frontier Properties USA Podcast: ‎The Best Passive Income Model Podcast | Apple Podcasts and Spotify LinkedIn: Mark Podolsky     Connect with Us Ready to level up your real estate game? Take action now to access exclusive resources, live events, and valuable insights from our experts:   1. BOOK A CALL: Visit our website at www.sendmoreoffers.com to book a call today. Our team of real estate professionals is ready to provide personalized guidance and help you achieve your investment goals.   2. JOIN OUR FREE FACEBOOK GROUP: Don't miss out on exclusive live events, networking opportunities, and valuable discussions. Simply search for "Send More Offers" on Facebook and hit the "Join" button. www.facebook.com/groups/sendmoreoffers   3. SUBSCRIBE TO OUR YOUTUBE CHANNEL: Gain access to full video interviews, expert tips, and in-depth analyses by subscribing to our dynamic YouTube channel. Stay up to date with the latest trends and strategies in real estate investing. Subscribe now at https://www.youtube.com/@sendmoreoffers   4. FOLLOW US ON INSTAGRAM & TIKTOK: Stay connected and motivated by following us Socially! Get daily doses of inspiration, success stories, and valuable insights by following @sendmoreoffers. Join our community and be part of the conversation!

The Wealth Without Wall Street Podcast
How to Build a Passive Income Business as a Husband and Wife Team with Daniel & Danielle Wells

The Wealth Without Wall Street Podcast

Play Episode Listen Later Feb 9, 2023 42:46


When you have four young kids, you would naturally do whatever you can to give them a better future. You will sometimes come up with so many ideas that you can't wait to pursue. And there's definitely nothing wrong with trying different things. But how many times can you take action in the wrong direction before you run out of luck? You just can't afford it. When you don't understand your Investor DNA, you will end up chasing different investment opportunities and get frustrated when things do not work out. So if you're interested in finding your path to financial freedom, listen as this couple–Daniel and Danielle Wells– share how they built a passive income business. They share their winning process so you can accelerate your success. Top 3 Things You'll Learn:You must stop building other people's businesses and become the architect of your own future. Whatever state you are in now, you can succeed if you put in the work.How to teach your kids lessons about entrepreneurship and earning moneyAbout Our Guests:Daniel and Danielle Wells are both Wealth Without Wall Street Community members. They quit their nine-to-five jobs to start their short-term rental business to give their young family a better life. The couple learned about the short-term rental business from the STR course offered inside the community. After finding success in their short-term rental business, they are now looking into land investing with TheLandGeek. Connect with Daniel & Danielle Inside the Community:Wealth Without Wall Street Community - https://www.wealthwithoutwallstreet.com/communityTake Advantage of a Free Financial Strategy Call:https://go.wealthwithoutwallstreet.com/free-financial-callDiscover Everything You Need to Know About Short-Term Rentals in One Course:https://go.wealthwithoutwallstreet.com/strcourseTurn Active Income Into Passive Income:https://go.wealthwithoutwallstreet.com/PIOSDetermine How Close You Are to Financial Freedom:https://go.wealthwithoutwallstreet.com/quizKnow Your Investor DNA: https://www.wealthwithoutwallstreet.com/investordnaLearn How to Invest in Raw Land with The LandGeek:https://www.thelandgeek.com/

The Eric Mueller Show
The Uncut Gems of Real Estate: Investing in Raw Land with Mark Podolsky | E56

The Eric Mueller Show

Play Episode Listen Later Jan 19, 2023 37:21


Mark Podolsky AKA “The Land Geek” is widely considered to be the country's most trusted and foremost authority on buying and selling raw, undeveloped land. He has actively invested in real estate and raw land for almost twenty years and has completed over 5,000 unique transactions in that time. Highlights of the episode: · Automating the process of buying real estate · Investing in raw land vs rental properties · 3 mistakes to avoid when buying land · The problem with solo-economic dependency · An entrepreneur must be comfortable with uncertainty Additional resources: · TheLandGeek.com · 3 Mistakes to Avoid When Buying Land (YouTube video) · Double Your Money in 30 Days or Less (Free course) · The Art of Passive Income Podcast ------------------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------- Subscribe to the show: · Apple Podcasts · EricRMueller.com · Spotify --- Support this podcast: https://anchor.fm/ericmuellershow/support

Crushing Debt Podcast
The Land Geek - Episode 320

Crushing Debt Podcast

Play Episode Listen Later May 12, 2022 25:27


What is the difference between owning land versus owning a house? How can you create passive income using raw land investment? Today's guest on the Crushing Debt Podcast is Mark Podolsky, the Land Geek.  In today's episode, Mark and I talk about his journey into the world of buying, selling and leasing raw land as an investment. Mark has actively invested in real estate and raw land for almost twenty years, completing more than 5,000 transactions in that time. For more information about Mark, you can email him at Mark@thelandgeek.com, or get more information about his free course at www.thelandgeek.com/quickdeals. You can also find Mark on social media @thelandgeek. Please also support our sponsors: www.LegacySpotlight.com by our friend and editor, Mark Purvis, where you can capture the wisdom, knowledge and stories of your parents or grandparents to pass on to your kids or grandkids! www.AttorneysFirst.com owned by our friend Sam Cohen, where he helps attorneys and title companies protect themselves from malpractice claims through insurance. If you have questions for me, you can reach me at www.YesnerLaw.com.   

Real Estate Experiment
Dirt Rich: Turning Land Into a Profitable Remote Business with Mark Podolsky Episode #170

Real Estate Experiment

Play Episode Listen Later Feb 7, 2022 55:04


GUEST SUMMARY We brought Mark Podolsky in the lab, a former investment banker turned into what people refer to as ‘The Land Geek' share with Experiment Nation how you can build a profitable business from dirt. Often in the lab, we've had investors discuss multiple real estate models built on land, but Mark takes us back to the core foundation asset in real estate — land. You've heard the saying, ‘They're not making any more of it', and for this reason, Mark has found a niche in an indestructible niche of the very same place we find ourselves experimenting on everyday — land. Mark has been buying and selling raw land for over 20 years. He completed over 5,500 land deals and his company received an A+ rating with the Better Business Bureau. Mark is also the author of Dirt Rich, a guide to help you build passive income by raw land investing. Believe it or not, by leveraging technology and a remote team, Mark is practically able to do this anywhere in the world. If you are interested in buying, selling and leasing land remotely, then this episode is for you. Join us today as Mark steps into the lab and shares some different strategies and knowledge on how you can build a passive income by turning a raw land into a profitable business. HIGHLIGHTS OF THE EPISODE: 04:44 - Guest background 06:12 - Why land is an interesting asset 07:46 - Turning land into a profitable business 10:52 - Creating a passive income KEEPING IT REAL: 13:20 - What is a Land note? 16:05 - Who are the avatars for the Land Note 20:35 - Note strategy 25:33 - Becoming the “Land Geek” 28:20 - Finding buyers to flip land 34:02 - Good land vs a great land 35:49 - Key things to include in the marketing 37:28 - How long does it take to do due diligence 40:04 - Difference between buying and selling raw land vs residential land 42:28 - What's next for Mark? 45:26 - Backend systems NOTABLE QUOTES (KEY LESSONS): 33:36 - “Value is in the eye of the beholder.” - Mark Podolsky 42:38 - “I think people always want a real asset and I think they always want a good deal. As long as those two things remain, then the land investing niche will continue to thrive.” - Mark Podolsky CONNECTING WITH THE GUEST Website: https://www.thelandgeek.com/ Facebook: https://www.facebook.com/thelandgeek LinkedIn: https://www.linkedin.com/in/thelandgeek Instagram: https://www.instagram.com/thelandgeek/ YouTube: https://www.youtube.com/user/TheLandGeek

Authentic Business Adventures Podcast
Invest In Land – Get Dirt Rich

Authentic Business Adventures Podcast

Play Episode Listen Later Dec 9, 2021 45:10


Mark Podolsky - The Land Geek We have all heard of the different ways to invest in real estate to build wealth, often with little time investment. The problem with a lot of real estate is that it can have problems, typically with the buildings on the property.  Tenants, termites, broken pipes, non-paying renters and the like have all plagued more than a few people going down the real estate investing game. But what if you invested in distressed properties that were only made of dirt? Listen as Mark Podolsky, the Land Geek, shares his step by step process to invest in land, with the goal of working very little (time-wise) and earning an incredible amount.  He clarifies each step and shows you the way to bring freedom back to your life. Enjoy! Visit Mark at TheLandGeek.com  

Dive Into Real Estate Investing for Newbies
Investing in Raw Land, with Mark Podolsky, The Land Geek

Dive Into Real Estate Investing for Newbies

Play Episode Listen Later Sep 6, 2021 34:59


#70 In this episode, Cecil talks with Mark Podolsky (AKA The Land Geek).  Cecil interviews Mark and asks him all sorts of questions about how he invests exclusively in Raw Land all across the country!   Mark has been investing in land for over 15 years and he has done over 5,200 deals!!   He has an awesome approach to finding deals as well marketing to the owners of these properties BEFORE the properties go to tax sales.  Then he offers to buy the land for pennies on the dollar and flips them for HUGE profits.  On average Mark is doing about 1 deal a day.  He has automated his business about 90% and has VA's and other staff doing the other 10%.   You can learn more about Mark on his website at www.TheLandGeek.com.   Mark has also written a book called "Dirt Rich" as well as offers a course on how you too can invest in land too!   To get a free copy of his course, "The Passive Income Launch Kit", send an email to Support@thelandgeek.com  Mark has mastered investing in Raw Land and has a passion to teach others how they can also invest in land.  This was an awesome episode and we can't wait to learn more about investing in raw land here at the Dive Into Real Estate Investing For Newbies Podcast.  Thanks for listening :)

investing va geeks mark podolsky raw land land geek dirt rich thelandgeek passive income launch kit mark podolsky aka the land geek
The Louis and Kyle Show
Mark Podolsky aka "The Land Geek": Getting Dirt Rich From 5,000 Real Estate Transactions

The Louis and Kyle Show

Play Episode Listen Later Aug 24, 2021 67:25


Mark Podolsky started buying small parcels of land in 2001 armed with only $3,000 and no real estate experience. Since then, he has transacted over 5,000 individual parcels, built technology to help himself and others scale the business, provided hundreds of people with the model and the lifestyle that comes with passive income, and wrote a book about creating passive income without renters, renovations, or rehabs.Mark is the Managing Director of Frontier Properties and a Managing Member at Land Geek Enterprises. Links:Read Dirt Rich: https://www.amazon.com/gp/product/1544510772/ref=dbs_a_def_rwt_hsch_vamf_taft_p1_i0Listen to Dirt Rich: https://www.audible.com/pd/Dirt-Rich-Audiobook/B07F97VN9WLearn How to Create Income through land investing: https://www.thelandgeek.com/Follow Mark on Twitter: https://twitter.com/TheLandGeekHelp The Louis and Kyle Show:If you enjoyed this episode, please share it with a friend or leave a review!If you want to reach out to us, please do so on Twitter: https://twitter.com/LouisKyleShowEmail us: LouisandKyleShow@gmail.com

Real Estate Success Rocks | Top Producing Agents Who Value Excellence, Personal & Professional Growth

Armed with only $3,000, gut-wrenching fear, and absolutely no real estate experience… Mark bought his first few parcels of raw land in 2001. Today Mark is the author of Dirt Rich, the ultimate guide to helping you build a passive income. He's the owner of Frontier Properties, a reputable and successful land investing company, and has been buying and selling land full time since 2001. By focusing on working smart, not hard, he has completed over 5,500 land deals with an average ROI of over 300% on cash flips, and over 1,000% on the deals he sells with financing terms. Prior to his land investing success, Mark had a high-stress, soulless corporate job, and felt trapped in a state of solo-economic-dependency (i.e. his income stopped as soon as he stopped working). Escaping solo-economic dependency changed Mark’s life in so many positive ways that he decided to teach, coach, and mentor others to help them achieve their financial goals. Even though Mark invests a lot of his time helping others, he stays actively involved in running his land investing business and is dedicated to teaching the most current and relevant “real world” land investing methods to his students. In today's episode, we explore the world of land sales, a different model to residential real estate, with the potential for significant returns.  In this episode, you'll learn... Finding saleable land Making appropriate offers Note vs Cash Delegation & Automation Pricing & margins Finding buyers Links and resources mentioned in this episode. https://www.thelandgeek.com/ https://twitter.com/TheLandGeek https://www.facebook.com/thelandgeek To subscribe and rate & review visit one of the platforms below: Follow Real Estate Success Rocks on:  

REI Diamonds-Real Estate Investment Podcast
Episode 176: How to Buy Land with No Money Down with Mark Podolsky

REI Diamonds-Real Estate Investment Podcast

Play Episode Listen Later Jan 1, 2021 52:34


Mark & I Discuss How to Flip Land Deals with No Money Down: How to Profit from the Current Bubble in Land   Where the Best Land Deals are Located  Finding the Best Buyer for Any Land Deal  Knowing Which Land Deals Have Little Competition  How to Invest in Land in with No Money Down-Podcast Episode Highlights   Mark Podolsky, aka, The Land Geek, has been buying and selling land for more than 20 years. On this episode Mark & I discuss how to invest in land. Specifically how to buy land with no money down. His specialty is buying vacant land very cheap-in the $5,000-$20,000 range, closing using quit claim deeds, and then reselling to buyers on terms at nice profit spreads and strong interest rates.   In other words, buy a parcel of land for $5,000, close, then resell immediately for $20,000. The trick is the terms-to that same buyer, Mark would collect $5,000 down and accept payments of around $200 until paid in full. Oh, he also charges interest on the $15,000 balance, so there is some additional profit in the deal long term as the payments roll in.   Mark uses direct mail & software to fire off automatic offers in bulk, allowing the seller to simply sign the agreement should they accept the offer. Using his system, which he shares with his students, he's been able to build a substantial passive income while systematizing the business to run on near automation. Mark's goal is to do a deal per day-or somewhere around 200-300 deals per year. Buying Raw Land is Only a Good Real Estate Investment Strategy When   The way I see it, there are really only two ways that land investors make money. The first would be to buy land at a low price and then sell at a higher price at some point in the future. This is Mark's strategy as we discuss in depth during the episode. The second way to profit from raw land is to buy the plot of land and then develop the land to increase value-build a house, rezone, or maybe construct a commercial property. This podcast does NOT focus on development, however we have had many commercial real estate developers on the show. How To Profit from the Current Land Bubble   Covid has superheated the land market. People have been racing to buy land as outdoor recreation, safely away from any virus danger, has become very popular in 2020. What better place to camp, ride dirtbikes, or have an RV than on your own land. There is something seductive about owning land, it always has been.   Mark's buying and selling of land, the strategy of leaving no money in the deal long term-is the perfect way to profit from the current land market. It's all about velocity: buy & sell as quickly as you can. In my own experience flipping houses, the good deals are those that profit. The best deals are those that profit and close quickly! The less time you actually own the land in between the purchase and sale, the lower your risk of losing money or other liability. You Gotta Avoid the Land Losers...   Some land is simply worthless. Areas such as Pennsylvania & New Jersey are often laden with environmental clean up sites. Old industrial properties with EPA superfund sites which could place the unsuspecting buyer into a huge financial responsibility. You can do quick due diligence on a potential land deal at EPA.gov   Another issue which could make land worthless is no road access. Think about it-you've gotta be able to get to the land you bought without encroaching on someone else's land. I've personally passed on a large number of very cheap land deals because there was no access road.   If you were focused on land that you were going to build, you'd also need to be aware of flood zones, but the deals Mark and I discuss aren't really affected by flood zones. Most of the buyers are using the land for recreation, not development. Cash Flow from Land Deals   The big takeaway here for Real Estate Investors is that you can take a small amount of seed capital and build your cashflow up to $100,000 or more per year in a short time. Mark has students who have done this in as little as 18 months. And Mark sees no end to this trend-with 2.43 Billion acres in the U.S., there will be no shortage of land deals anytime soon.   Relevant Episodes: (There are 176 Content Packed Interviews in Total) Mark Podolsky on Investing in Raw Land Flipping Land Remotely for HUGE Profits with Jack Bosch Investing in Real Estate Using an IRA with Jason DeBono How to Take HUGE Depreciation using Cost Segregation with Yonah Weiss   Resources mentioned in this episode: www.TheLandGeek.com   Check Out the Full Archive of The R.E.I. Diamonds Show: https://REIDiamonds.com/podcast/ For Access to Real Estate Deals You Can Buy & Sell for Profit: https://AccessOffMarketDeals.com/podcast/ View the Episode Description & Transcript Here: https://reidiamonds.com/how-to-buy-land-with-no-money-down-with-mark-podolsky/

Real Estate Investing For Professional Men & Women
Episode 72: Breaking Through the Solo-Economic Dependency, with Mark Podolsky

Real Estate Investing For Professional Men & Women

Play Episode Listen Later Dec 17, 2020 34:06


Armed with only $3,000, gut-wrenching fear, and absolutely no real estate experience… Mark bought his first few parcels of raw land in 2001. Today Mark is the author of Dirt Rich, the ultimate guide to helping you build a passive income and owner of Frontier Properties, a very reputable and successful land investing company, and has been buying and selling land full time since 2001. By focusing on working smart, not hard, he has completed over 5,500 land deals with an average ROI of over 300% on cash flips, and over 1,000% on the deals he sells with financing terms. Prior to his land investing success, Mark had a high-stress, soulless corporate job, and felt trapped in a state of solo-economic-dependency (i.e. his income stopped as soon as he stopped working). Escaping solo-economic dependency changed Mark’s life in so many positive ways that he decided to teach, coach, and mentor others to help them achieve their financial goals. Even though Mark invests a lot of his time helping others, he stays actively involved in running his land investing business and is dedicated to teaching the most current and relevant “real world” land investing methods to his students. What You Will Learn: Mark shares a model of his real estate investing case study. How someone can become economically independent and quit job early using Mark’s investing model.      Lowering personal overhead and generating passive income in 12 to 18 months. Mark explains the different US states they focus on buying properties. Why metro areas must be avoided when investing for land properties. How passive income can protect you and solve all your problems. Mark explains his financial structures applied to his real estate business. Mark’s software used for their clients. Owning lands in the US states. Mark endorses his Passive Income Launch Kit course for $97 but is offered for free. Additional Resources from Mark Podolsky: Cell Phone: (480) 586-6688 Email: azlandgeek@gmail.com Website: http://www.thelandgeek.com LinkedIn: https://www.linkedin.com/in/thelandgeek Twitter: https://twitter.com/thelandgeek Facebook: https://www.facebook.com/thelandgeek Youtube: https://www.youtube.com/user/TheLandGeek

#IAmMovement Podcast
EP 043: Building Passive Income In Real Estate with Mark ‘The Land Geek’ Podolsky

#IAmMovement Podcast

Play Episode Listen Later Jul 8, 2020 29:46


Are you working because you want to or because you have to? Most people are trapped in a state of solo-economic-dependency. In other words, income stops as soon as you stop working. But there is more than one way to solve this stress-inducing problem. Mark had a high-stress, soulless corporate job, and felt trapped in a state of solo-economic-dependency. He was always focused on material things: a bigger house or a fancier car . . . until he lost it all during the Financial crisis of 2008. After losing all these material possessions, Mark reconnected with his family but was stuck with little or no time. This made him realize that true freedom is only possible with passive income. "Having true freedom and wealth means that when you wake up on Monday and you don't have to be anywhere. Time wealth - Being able to work when you want, where you want, with whom you want." – Mark Podolsky Mark went on to perfect the art of buying raw, untouched land. By focusing on working smart, not hard, he completed over 5,500 land deals with an average ROI of over 300%. Today, Mark is the author of Dirt Rich, owner of Frontier Properties, and founder of The Land Geek.  On this episode of the #IAmMovement podcast, Mark and I discuss a key component in getting out of the ‘rat race’, why happiness is more than just a paycheck and how even the smallest labels we give ourselves and others can have a huge effect.

Commercial Real Estate Pro Network
Land Flipping to Financial Freedom with Scott Bossman - CREPN #238

Commercial Real Estate Pro Network

Play Episode Listen Later Mar 5, 2020 33:22


Darrin: (00:00) Today, my guest is Scott Bossman. He is a physical therapist, husband and a father of four. And after realizing his physical therapist career was not going to provide him the financial freedom he sought, he, uh, found land flipping, uh, with Mark Podolsky and the land geeks, uh, program. And, uh, in just three years he was able to create enough passive income to replace his physical therapy salary and, uh, quit his full time position. And, uh, today Scott is a member of the land geek team and he's passionate about sharing his journey into the world of Raul and flipping in hopes of inspiring others to, uh, step into their side hustle and achieve their financial freedom. And in just a minute, we're going to talk with Scott about how he achieved his financial freedom through land flipping. But first I want to remind everybody if you like the show CREPN Radio, uh, please let us know. We would love to hear from you. Uh, you can comment, you can like, you can share. And as always, we hope that you'll subscribe. Also, if you'd like to, uh, check out how handsome our guests are, be sure to check out our YouTube channel and you can find us on YouTube at Commercial Real Estate Pro Network. With that, I want to welcome my guest, Scott, welcome to CREPN Radio. Scott: (01:22) Thanks very much Darrin. Thank you for having me. Darrin: (01:25) Scott, I'm looking forward to talking with you today. Before we get started, if you could take just a minute and share with the listeners a little bit about your background. Scott: (01:37) Yeah, I'd be glad to. So, I was born in South Dakota. I spent most of my life here in the Northern Plains States. I went to a small liberal arts college in Iowa called Luther college and, and eventually went to physical therapy school. I knew healthcare was something I always wanted to do. I grew up in a family. My stepdad was a doctor, my mom was a nurse, I had other people in the healthcare field. And it just kind of encompassed a lot of our discussions at dinner time. And that type of thing. And I always had an interest in science and helping people and, and thought it was the best path. And for a long time it was the best pass, path for me. I was a physical therapist for almost 20 years before I discovered this niche in real estate investing. (02:22) But you know, really, I just come from a family of really hard workers. People who trade their time for dollars in all of these different careers. Doctors, lawyers, nurses, farmers, construction workers. My dad was a construction worker on my, all my grandparents were farmers. So it's very customary in my family to work hard and that's what I thought I needed to do. So that's what I did for a long time. I did that for 16, 17 years. And I, I don't know if it was a midlife crisis or what, but about the time I turned 40, I turned over in bed and just thought, man, I'm just, I'm just spinning my wheels. I feel like I'm not getting anywhere. I'm married. I have four boys. And with a physical therapist salary, you wouldn't think it would be hard to put food on the table, but that's about where we were. Scott: (03:13) So it was very stressful and, and my career, although I love patient care, as you can imagine, the healthcare environment can be quite toxic at times, especially in the last few years. So that just culminated in a lot of stress, for me. And you know, working 50 hour weeks, feeling like I wasn't getting anywhere. And, really looking at a stagnant salary, you know, freeze, pay freezes and that type of thing, uh, over years getting a 1% raise. And, uh, I'm just realizing I needed something else in my life. So, uh, I went on kind of a discovery, a journey of self discovery and tried to figure out what we wanted to do. After reading every Rich Dad Poor Dad book there was, and, uh, listening to a lot of other books about real estate and that type of thing. I found Mark Podolsky by accident on a podcast and I thought, this sounds amazing. I came home and told my wife, I think this is what we need to do. Scott: (04:15) And, uh, when, you know, kind of burned out, well, I didn't burn my bridges because a land investing, the great thing about it is the barrier for entry is quite low. You don't need a ton of money. You don't need a ton of time. So the risk of getting started was actually quite low. Uh, but we went into land investing and, uh, as you mentioned earlier, um, you know, just by taking massive action and doing what I needed to do, I replaced my income in two years. I was able to quit my job in three years, and it truly was a side hustle for me, you know, maybe 10 hours a week on top of what I was doing. I carved that time out and, and, and, uh, we made it happen. Darrin: (04:55) Awesome. No, I'm a fan of Mark's. He's been, or I've talked to him a couple of times, here on the podcast. And, uh, he's just a real energetic guy and, and, a Great story. Um, so let me ask you, so you mentioned that, uh, you kind of had this aha, what are you going to call it? A midlife crisis or not, but just, you know, the W2 there were limitations. You were basically limited by based on what others were willing to pay you, uh, essentially for your, for your time. When you, when you had this aha, was it a, I'm not going to be able to get where I want to go or what, what was, was there an underlying the mother and just the, you know, the struggle, like you mentioned, even just to put food on the table. I mean, just the, you know, the constraints. Scott: (05:47) There were a number of things for me. There, there was the immediate feeling of, uh, just I mean, not necessarily into debt that's struggling to make all ends meet and paying bills and getting food on the table. There was the, the retirement horizon, right? Turning 40, knowing that in 15 to 20 years, I need to have a good cushion for retirement. So, so there were definitely the financial aspects of things were a big stressor at the time. The other thing though was the, just the, the lack of time freedom and the, and the fact that I really was trading my time for dollars. My boys were growing quickly. My wife didn't see me much and you know, uh, it was, I had no sense of time freedom. So that was another motivator for getting into something like this, so that I would be able to have a little bit more control over my time, a little bit more control over my financial destiny and be able to, to spend time, uh, you know, with my loved ones, maybe teach them what I'm doing, which is what I've done as well with my kids, which has been very valuable, and, experience, experience, freedom on both those fronts. Darrin: (07:05) Awesome. So as you got into your search for something, something different, what was it that you saw with the land flipping that appealed? Scott: (07:18) Yeah, we were, we were actually on the verge of going into multifamily housing. We were on the verge of purchasing a duplex when I, when I heard Mark's, podcast. And I thought, uh, you know, number one, I in patient care, I read people really well. I could just tell that Mark was really genuine. And, it was, it was just a great podcast to listen to and I thought, wow, this sounds so much easier than what we are about to do. You can, you know, a land flipping business can start cash flowing very quickly. You don't need $30,000 to start. You know, you can literally start this with a couple thousand dollars. Scott: (07:56) You can start this with no money. It sounded like something I could do. Uh, I, I, you know, I'm a good learner, a good researcher, a good planner, and it just sounded like something, that was, that was more up my alley than having, than, than going into multifamily housing where there can be a lot of emergencies. Right. I have friends in multifamily housing. They're getting up at three in the morning and they're going to court to evict people. Um, you know, there are no land emergencies. Uh, and, and that was not really apparent when I got into it, but it's been apparent now for the last couple of years, you know, out of all the hundreds of deals I've done, I've had like two minor issues that cost me a couple hundred bucks. And compare that to, to my other real estate investor friends. Uh, it's, it's very low stress in that regard. Scott: (08:46) Uh, so, uh, that's what I loved about it. Um, and I, and I loved Mark's mindset. Uh, you know, I get this question all the time because I talked a lot of people about this business. Why would Mark want to teach everybody to do this and introduce competition into the environment? Well, Mark's very much about the abundance mindset. And the, the, the raw land market in, these United States is so absolutely massive. It's really hard to wrap your head around. Um, and, uh, therefore, you know, Mark has no limitation in teaching people to do this. Because not many people are doing it, number one. And number two, even if we teach a lot of people to do this there is going to be a lot of lotta land leftover for sure. There's gonna be a lot of land for everybody. Scott: (09:30) So I love that mindset of his and, and entering his community and being a part of his community now for the last four years. I mean, Mark and his training, you know, Mark has retired so many people. And people and now to be able to, in my role with Land Geek, I kind of facilitate that happening. So if you were to come to me and say, I want to do this, I tell you how to do it. And I helped facilitate that and that's really rewarding as well. I get them on the path, that I've already experienced. Darrin: (10:05) Yeah. The, I'm just thinking with Mark, I remember, uh, his system to me was a Uber impressive just based on how he had truly systematized it. Are you, did you create your own niche that you're going after then? And basically are you able to leverage is kind of a system approach or do you have, can you kind of walk us through kind of a month of what you're doing? Scott: (10:32) Sure, the, the great thing about land investing is it's, uh, it's, it's very, very repeatable, very redundant. Once you, once you learn how to do a deal, you can just rinse and repeat and do it all over again. So, but the most important aspect of our businesses and mailing. We target all of our, or we get all of our properties by mailings. We mail property owners who are, they may or may not be distressed. They may have back taxes. They may just live away from the property. They may have owned the property for 30 years, and they don't know how to get rid of it. So we show up in their mailbox as a solution for how to get rid of the property. Uh, and, uh, essentially there's just a negotiation process on the front end. We do our due diligence. Scott: (11:14) We, we agree on a price. We purchased the land and then, start marketing it right away. A lot of our properties I can, we can sell in 30 days or less. You know, a lot of people think raw land, you know, that or they assume that I'm, that I'm flipping raw land that, that, you know, we're buying very expensive land parcels and flipping them for much more expensive. But the truth of the matter is my bread and butter deal, is like $1,500. I love that purchase point. I'll buy a property for $1,500 and then, I'll sell it for $4,500 cash or maybe $6,000 to $7,000 on terms. They sell very quickly. So the power in this business is velocity. So you can do a number of deals like that and really move the needle quickly. There's a gentleman in our community who is over $60,000 a month passive income. You know, that's his average purchase price on property is $1,700. Scott: (12:17) It's absolutely phenomenal. But the biggest thing in this business is, is for me a month, uh, in land investing is just, is just being consistent with my mailing on the front end because that brings in the deal flow and the deal flow solves everything. And then also being consistent with my marketing. So we have systems in place for both our mailing and our marketing. The great thing about this business is so much of, so much of it can be automated. So much of it can be delegated, to get to the point where you really have a passive income machine and that's Land Geeks mantra. We want to teach you something that brings in passive income and we want to show you how to create a machine so you aren't having to work so hard. So you're not working in the business. And that's kind of what we do. Darrin: (13:05) Wow, that's awesome. I appreciate you kind of walking us through that. I'm curious on, on the, the mailing, I think, you touched on the two things that I would think are key. You know, the mailings going to be the getting out in front of people and presenting your opportunity,. And the constant marketing that's going to be your, your pipe, right? I mean, if you keep that, keep that machine going, you're going to have opportunities to come in. Do you have any kind of a sense of the numbers of pieces that go out as to opportunities to come in and, the close? I mean, is it that kind of simple math? I mean, it's like if you send up, I don't know what the number is, thousand or whatever. Scott: (13:48) Yeah. Yeah, that's a great question. We do have this kind of down to a science. It does depend a little bit on the area that you work in, but what we find is that, in these vast counties out West, the equation is pretty much the same. You know, you're in the right market. If you send out a hundred mailings and you get maybe a 3% response rate. Now those could be angry, angry, sellers as well. But you're able to purchase one property for every 100 mailings. That's, that's what we're shooting for. There are a couple of, uh, there's a gentleman in our community that's very successful. He has a 1.7% response rate, or I'm sorry, 1%, 1.7% buy rate. Uh, I would say my buy rates about 1%. So we're, we're looking at purchasing one property out of every hundred and, uh, you know, it, that's the great thing. Scott: (14:41) You can start with, uh, you know, w w what we teach people is to start with a a hundred a week. Start with a hundred a week. You don't need thousands and thousands of dollars to send out thousands and thousands of mailings. And that, that's actually what we recommend you don't do it that way because you want to make sure that you're very careful with your County research. Your County research has to be surgical in this business. You have to figure out where there's a good market for buying and selling land. And, you know, we teach you how to do that. You can find a lot of information online how to do that. So the biggest thing is County research and then the, the next most important thing is just to be consistent with those mailings. Consistently sending out a hundred a week. And if you can be diligent and disciplined enough to do that, and you get your numbers on with your pricing and you're in the right County, man, you can, you can make hay in this business for sure. Darrin: (15:35) So when you first started, four years ago, what, how long did it take you to land your first for deal? Scott: (15:46) Yeah, that's a great question. Uh, let's see, I got, Mark's, his basic training kit is called the investor toolkit. I got that. I digested that very quickly. I think I snapped my first mailings within a few weeks of getting that. Uh, so bottom line is I purchased my first property about six weeks after I got Mark's, basic training program. And this may sound funny to a lot of real estate investors out there, but for me, this is a big deal. I purchased a two and a half acre property for $700, and two weeks later I sold it for $2,800 cash. So that for me, right there was just huge proof of concept. I just tripled my money on a land deal. And I'm a physical therapist. Like I don't have an ounce of business or, or real estate or you know, anything in my body, sales or marketing, I'm not an economist, nothing. And I took this, I took $700 and I turned it into $2,800. That's what I knew. I was onto something. And, shortly after that, uh, I went into one on one coaching with the Land Geek program, which is a year long intensive process to, to get you to the point where you have a machine up and running. And in that first year we bought and sold 30 properties. In the second year we about doubled that and our business has continued to grow since. Darrin: (17:12) Oh, that's awesome. So in, so year three or tell me when were you able to replace your income and then I think, did you kind of continue on the PT path for awhile before you, tell us about that. Scott: (17:30) Yeah, at about my two year anniversary in land investing, I had exceeded my income with passive, uh, with passive income. I had exceeded my income as a physical therapist. I knew I needed to work a little bit longer, uh, to before I was comfortable in hanging up the, the cleats in that department. But, but so about another year and three months, I was a PT and then it got, we have a very successful third year, in our business. And, and then it just got to the point where I, again, I kind of woke up one day and I realized, you know, I'm spending 80% of my time in something that is yielding 20% of the results and I need to flip that. So I remember having a discussion with Mark and saying, you know, wow, Mark, I'm really nervous about this. Scott: (18:18) And, and he's, he said, Scott, you know, how many times have you burned your ships in this sea? You need to burn them again. So we, so I burned them again and quit my job and it's been absolutely amazing. Now I work my land business from home. My wife helps a little bit. I can put my sweat pants on in the morning and bring my boys to school, come back home, drink my coffee, work in land for a few hours. And then, uh, you know, this last summer it was really apparent to me. It was my first summer off and probably 20 or 25 years, something like that. To be able to go golfing with my son on a Monday morning and fishing with my other son on a Thursday morning. That for me is, is what really hit home, how, how amazing this business is for me and so many others. Scott: (19:05) For me it's, it's more about the time than it is the money for sure. Uh, and so that's what I've experienced as a result. And, uh, now I, I still am a PT. I'm going into the clinic today for four hours, but I work, um, I worked four to 10 hours a week as a physical therapist. I enjoy doing that. I still enjoy helping people. I still enjoy it. I'm a clinical educator, so I like to go in and, you know, if there happens to be a student in the building I'll pull them aside and say, let's go over some things. And some, I'm getting the best of all worlds right now. It's been a, it's, it's a great life right now. Darrin: (19:41) That's awesome. Let me ask you, so, you know, you, um, you made the, I mean, kind of graduated into it, uh, until you realize that, you know, I, gosh, I really don't need to do this, uh, one full time recognizing your time there. What, what do you think the challenge is for most people? Um, is it that they, they don't realize that there's no silver lining to what they're doing? Or that they're not paying attention or is there just fear of the unknown? Have you any ideas on that as far as, cause I mean, you, you realize that what you were doing wasn't going to get you where you wanted to go. (20:21) And I think that, um, you know, so much of the way I think, uh, education and like you mentioned your family hard work. You know, work hard and, and you'll retire. And the path. I wonder if you could speak a little bit more to, what you see. Or even kind of your was there any challenge to that? I guess where I'm trying to like get. Scott: (20:44) Sure. Um, I don't like being uncomfortable or I didn't, uh, four years ago. You know, and that I would say I talked to a lot of people who are interested in getting into this business. And I would say that in my conversations with people, uh, there are a number of people who are, who are fearful of, of the unknown, of doing something that they've never done before. Um, and there is some discomfort associated with any new venture. Right. Um, and, and I think what I've come to find out is that that discomfort is essential in order for you to move the needle, uh, and become better in whatever realm of life that you're in. That's right. That you want to be better in. Um, some people, they just, uh, they, they can't tolerate that discomfort. So I think that that's the, that's the biggest thing is, you know, you need to realize that that discomfort is a good thing. Scott: (21:38) Um, when you're, when you're moving the needle on your life, if you feel some discomfort that's going to motivate you to do better. So, you know, I've felt that so many times in this business, I felt that when I first, ordered Mark's investor toolkit. I felt that on my first mailing. I felt that one, you know, I bought my first property. I felt that when I went into coaching. So looking back over the last four years there have been all these, peaks and valleys of, feeling comfortable and then feeling discomfort. Uh, but, but to me that what, what really, uh, is apparent is the upward trend. You know, and this is, this is like with patient care and physical therapy too. People get better and they get a little worse and they get better and let it be, get a little bit worse. Scott: (22:21) What, what, what matters is, are you better now than you were a month ago? And that's kind of the mantra I use with my land investing business. I try to sit down every month and say, you know, am I better now than I was a month ago? And if the numbers say yes and my my time says yes and that type of thing, we're on the right track. If the numbers don't say yes, then I need to adjust. Um, but I'd say that's the biggest thing I notice is that it's just the fear of unknown. Especially for people who maybe aren't, business oriented or, or, or in marketing or sales or that type of thing. To take to, to step into a completely different realm. Uh, I think is the biggest fear, uh, that people have getting into this. But the, but the valuable thing is, uh, we have this down to a science. It really is a recipe and if you follow the recipe and that's where you get strengths or that, that's where you, uh, kind of calm your fears. It's just by following the recipe, um, you follow this recipe and you will be doing land deals. Darrin: (23:22) That's awesome. I'm trying to think here. So the, the uh, you got in, you, you worked it. Now you've got your time back, you're coaching; what would you say, I mean you mentioned kind of the uncomfortable. Is there a a push point? Is there like a nudge other than just the uncomfortable? Is it basically look, I guess what I'm trying to ask is like, um, cause I, I feel like there's just like this, this wake up of just that when you look at, you know, the one thing was kind of the, the uncomfortable on how, you know, you transition and I'm trying to think what do you say to people that when they're looking at their, their future and where they're going to end up. I mean, cause I just look at the limitations of a W2 and how little that really, that there is. You know, and, and recognizing that. Do, do people, when they come to you, are they, are they aware of that? Is that a something that they're, they're concerned about? Scott: (24:26) Yeah. I think a majority of people that come to us, they, they realize just like I realized four years ago, know that they're not on the best path. And you know, this path has been ingrained, in all of us, in this country that you, you know, you need to, you need to work hard and train your, to trade your time for money and, and you can retire when you're 65 and, and, you know, maybe 75 now. I mean, uh, people, people work into their eighties and nineties. My grandma, God bless her, uh, she, she just, uh, retired from Walmart full-time a couple of years ago. She was 80, 88. She's working full time. These, these are now, she wasn't stressed for money, but she was just, you know, she comes from a society where people work their entire lives. Um, but I, I'd say a majority of people I talk to, they're there. They're working their entire lives and they're not feeling like they're getting ahead. Uh, so, um, the, the great thing about land geek is we, we provide you a solution to get to the point where you're not trading your time, uh, nearly as much for, for, for money. And that you get to the point where you are more financially secure. So you can enjoy life and, and, and you don't have to, you don't have to work, work that hard. Darrin: (25:48) No, I love it. I, and I, I'm, I'm, I'm appreciate you, uh, kinda talking a little bit about that. Because I think that, um, you mentioned, you know, kind of that, uh, the clock, whether it be your 40 or 50 or whatever the age is, is that when you look at, uh, the plan that's been provided for you and you, you run the numbers and, you know, is this going to add up? I mean, I think that's really a, a question. And I, I see it when I talk to people, doesn't matter what income bracket they're in. Darrin: (26:18) You know, they could be a, a, you know, six figure plus or, or, or more. Um, but I think a lot of times when people aren't doing and spending, you know, they spend what they get kind of thing and, and uh, aren't fully cognizant of, you know, how are the numbers going to add up kind of thing. So, um, appreciate you talking about that. Darrin: (26:39) Scott, if we could, I want to shift gears here for a second. I mentioned to you earlier, by day I'm an insurance broker. And we work with our clients, uh, to assess risk and, and uh, determine what to do with risk and a risk management. And, uh, there's three strategies that we typically consider. The first is can we avoid the risk? A second option is can we minimize the risk? And in the third option is can we transfer the risk? And that's, that's what an insurance policy is. You're basically transferring the risk. And, um, what I've been asking my, uh, a guest here on CREPN Radio, if they can take a look at, uh, what their model is. What their, how they operate and what they see, uh, is, is the, you know, the Biggest Risk. So if you're, you're willing, what I'd like to do is ask you Scott Bossman, what is the BIGGEST Risk? Scott: (27:42) I'll give you a multi-part answer if that's okay. It'll be short. Uh, so I, I think of this in a couple of ways. The biggest risk in my land investing business is a, not mailing and not marketing. So if I can be consistent in those two things, I will be successful in this business. And that's something that we, we iterate to our students over and over and over again. Do not stop mailing thats your deal flow. Do not stop marketing. Those are your sales. So the consistency in those things and not being consistent is the BIGGEST Risk. As far as a technical standpoint from land investing, land investing is, is actually very low risk. Uh, which is one of the reasons people love it so much. There are no land emergencies like I said earlier. Uh, so you know, um, uh, that that can be covered with like an umbrella policy in your business in case you do happen to have somebody that you bought a property or and sold the property to and they want to go out to your land to camp on under that type of thing. Scott: (28:44) You know, Mark, Mark, recommends having some type of umbrella policy for your land investing business for, for your properties. Otherwise the land investing business is pretty low risk, which is, which is very nice, you know, as far as very, you know, very low entry as well for us with cash and time. Uh, but the biggest, the big risks that I think about is, and this is something I never used to think about, uh, I think in this day and age you really need to diversify. Uh, you need to have multiple streams of income from coming from different places. And that's something I did not realize, uh, up until four years ago or probably five, six years ago, that I needed something like that. That a physical therapist, salary alone was not going to help me get to where I needed to get, uh, as you were mentioning, you know, that that time, 10, 20 years from now, that 10 years is coming, no matter what you do. Scott: (29:37) And if I have only my physical therapist salary to rely on, the risk in that is high. Uh, so, so if I can have multiple streams of income, so, you know, now I have physical therapist didn't come, which is small compared to what it was, my land investing income. I'm doing a couple other things now, which is exciting. Uh, and I'm using my retirement money to invest in land. And so I'm really diversifying. I've really come a long ways in the last five years, uh, in doing that. So I think that that's the BIGGEST Risk is not diversifying and not having kind of multiple streams of income. Darrin: (30:14) I love it. I, I, uh, uh, I think you're right on. I mean, they, uh, you know, kind of the Kiyosaki, uh, you know, a mentality there of multiple streams of income. Uh, definitely a good, good idea. I appreciate you taking that on for us. Yeah. Scott, uh, before we, wrap up, where can listeners go if they would like to connect or learn more, Scott: (30:44) I would recommend you go to TheLandGeek.com and spend some time on the website. Mark Podolski and the the community. We have a number of podcasts as well. The best passive income model podcast. I'm sorry, The Art of Passive Income Model Podcast. And then, uh, if you're curious and want to talk more to me, you can email me@scottatthelandgeek.com or you can even schedule a call with me at TheLandGeek.com/training. Darrin: (31:18) Got it. Well, Scott, I want to say thanks for taking the time to talk today. I've enjoyed it and learned a lot and I hope we can do it again soon. Scott: (31:30) Thanks Darrin, I appreciate it very much. Darrin: (31:32) All right. For our listeners, if you like this episode, don't forget to like, share and subscribe. Remember, the more you know, the more you grow. That's all we've got this week. Until next time, thanks for listening to Commercial Real Estate Pro Network's C.R.E.P.N. Radio.

The Minding Your Business Podcast
#132 - Aaron Fragnito, Co-Founder of Peoples Capital Group

The Minding Your Business Podcast

Play Episode Listen Later Feb 25, 2020 52:28


On this episode Champ'Ron sits down with Aaron Fragnito, a real estate leader in the New Jersey market who over the last 10 years has partnered with dedicated investors on building up apartment and office buildings. Aaron shares his background story, how he began as a real estate agent, how wholesaling and getting a real estate agent license are great ways to break into the industry whether full time or part time, and finally shares a couple of best practices he values for success! Connect with the MYB Community Group on Facebook at www.facebook.com/entrememphis! If you dig what you get from this podcast give us a 5 start positive review on Apple!For more info on the podcast and to learn more about how to present your product or service to our buying audience, go to themybpodcast.com! We are powered by The Binge Podcast Network at onabinge.com MORE ABOUT AARON:Aaron Fragnito is a Co-Founder of Peoples Capital Group (PCG), host of New Jersey Real Estate Network, a licensed NJ Realtor and a full time real estate investor. Aaron has completed over 250 real estate transactions, totaling more than $40,000,000 in Real Estate in his career.Peoples Capital Group (PCG) works with qualified investors to create passive returns through local commercial real estate. The owners of PCG are experienced in locating discounted apartment buildings for sale in Northern NJ and implementing a value add strategy to create max returns for their silent investors. To learn more visit www.PeoplesCapitalGroup.com

The Minding Your Business Podcast
#128 - Tamairo Moutry, Real Estate Mogul

The Minding Your Business Podcast

Play Episode Listen Later Jan 31, 2020 51:28


In this episode I was excited to sit down with Tamairo Moutry, a Wisconsin based real estate business owner who has expanded her business to Florida, Georgia, and Illinois while helping many others achieve their dream of home ownership and real estate investing. You'll learn about her background, how she got started, the ups and downs of the real estate business, the importance of family while running a business, and her best practices for your success!Connect with Tamairo! Facebook: https://www.facebook.com/Pteetlaydie and https://www.facebook.com/TamairosrealestatetipsLadies if serious about learning great insight and tips on starting your real estate business join the Women in Real Estate FB group here at https://www.facebook.com/groups/2409017169425569/Email: tamairo.moutry@gmail.comPowered by The Binge Podcast Network at onabinge.comJoin the Minding Your Business Community on Facebook at https://www.facebook.com/groups/entermemphis/Intro and Outro - "Otis McMusic" By Otis McDonaldHost - Champ'Ron BrooksInterested in showcasing your business to the MYB Community? You should be! Email me at ron@themybpodcast.comTo learn more about the podcast, go to themybpodcast.com

The Art of Passive Income
How To Break Into The Competitive Niche Of Multifamily Syndication

The Art of Passive Income

Play Episode Listen Later Nov 7, 2019 32:42


Tamar Mar, founder of The Marota Group—a company that focuses on the acquisition of underperforming multifamily and commercial properties, joins us today to give tips and advice on breaking into the competitive niche of multifamily syndication.  But first, a little more about Tamar... She has been investing in real estate since she was 19, purchasing her first townhouse when she was a sophomore in college. She has also owned rental properties for more than 15 years. She is an entrepreneur, investor and proponent of intentional lifestyle design. Tamar often says that she is the CEO of her dreams and consistently focuses on ways to maximize business opportunities and generates enough passive income to be financially free and curate the lifestyle she and her family desires. Listen in as Tamar tells us why she chose this niche above all in real estate. Then, Scott Todd, who has made his interest in multifamily known, picks her brain to pull out as much information as he can on finding deals and breaking into this competitive niche. It comes down to:  Confidence Communication Relationship building Tamar also talks about team building and her advice on taking advice—never take it from one person and completely trust it, even a leader in the space. Validate it through many sources. “If everybody is helping each other, there's no room for others to fail.” Tamar is not the type of person to sit back and let life happen to her. She is all about taking action, and action backed with tenacity, confidence, and expertise is proving that she is in this business for one reason... to own it! TIP OF THE WEEK Mark: Learn more about Tamar at MarotaGroup.com. Also, check out my Amazon reading recommendation list at amazon.com/shop/TheLandGeek. Scott: Check out the Glow Light by Casper. It will dim when you're about to fall sleep and brighten when you wake up. Tamar: You need to elevate your goals and your daily tasks to reach your future self. Specifically, if you are looking at Real Estate and you want to find more deals—whether it's a wholesaler or brokers, start reaching out to them like crazy and whatever you think you need to do, multiply that by ten. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

The Minding Your Business Podcast
#115 - Mark Podolsky “The Land Geek”

The Minding Your Business Podcast

Play Episode Listen Later Oct 30, 2019 56:42


In one of the more fun episodes I've recorded thus far, I sit down with Mark Podolsky The Land Geek. We discussed his unique background in transitioning from corporate America to his current business, how his decision to get into the business impacted his family, how you can transition into the raw land business, how we handled his toughest day in business, and best practices for you to be successful!Mark came bearing gifts MYB! Go to www.thelandgeek.com/myb and get a FREE gift. A $97 value, get access to Mark's course on specifically how to launch your raw land business as a primary or secondary income stream! MARK'S BIO:Mark J. Podolsky (AKA The Land Geek) is widely considered the country'smost trusted and foremost authority on buying and selling raw, undevelopedland within the United States. For almost two decades, Mark has beenactively investing in real estate and raw land, and has completed over5,000 unique transactions.Mark's company, Frontier Equity Properties, LLC, is an A+ rated BBB real estatecompany. Mark has achieved this level of success largely due to his core businessphilosophy – “Happy Customers Guaranteed.”Mark is the host of one of the top rated podcasts in the Investing Category oniTunes aptly titled The Best Passive Income Model and The Art of Passive Income.He is also the host of the Land Geek Podcast- Work Smart. Earn More. Learn How.Connect with Mark! mark@thelandgeek,com. Subscribe to and listen to his podcast https://www.thelandgeek.com/category/podcasts/The Minding Your Business Podcast is powered by The Binge Podcast Network at onabinge.com!Connect with The MYB Community on Facebook! Leave us a 5 star positive comment review rating on Apple Podcasts!

REI Rookies Podcast (Real Estate Investing Rookies)
Ep117 - The Land Geek - Mark Podolsky

REI Rookies Podcast (Real Estate Investing Rookies)

Play Episode Listen Later Jun 30, 2019 29:57


Today’s guest is known as “The Land Geek.” Mark Podolsky is widely considered to be the country’s most trusted and foremost authority on buying and selling raw, undeveloped land. Today, Mark will share his journey into the world of buying, selling, and leasing raw land as an investment. He has actively invested in real estate and raw land for almost twenty years, and has completed over 5,000 unique transactions in that time. More information at: TheLandGeek.com Twitter Facebook LinkedIn YouTube We've put a lot of effort into providing useful content and if you've found value in the show, and have any interest in supporting us with a small donation, head over to https://www.patreon.com/housedudes If you have any thoughts or questions shoot us an email at info@housedudes.com. You can also find us on Facebook, Instagram, and Twitter @HouseDudes Interested in Turnkey Rental Properties? Head over to HouseDudes.com for more information. Please subscribe through iTunes or your favorite podcast app! If you like what you hear please give us a rating, like, and share. It really helps the show grow. iTunes: http://bit.ly/REIrookiesOniTunes Google Play: http://bit.ly/REIRookiesOnGooglePlay YouTube: http://bit.ly/REIRookiesOnYouTube Stitcher: http://bit.ly/REIRookiesOnStitcher SoundCloud: http://bit.ly/REIRookiesOnSoundcloud Facebook: http://bit.ly/REIRookiesOnFacebook Patreon: https://www.patreon.com/reirookies Follow Josh Koth and Jack Hoss on their journey towards financial freedom using the power of Real Estate through the REI Rookies Podcast (Real Estate Investing Rookies Podcast). We share our experiences as we acquire rental properties, build net worth, and work towards financial freedom. We are focused on creating wealth through conventional and creative real estate investing while improving our financial education. If you are a fan of Rich Dad Poor Dad by Robert Kiyosaki and Millionaire Real Estate Investor by Gary Keller or are looking for an alternative to the Dave Ramsey, Jim Cramer, Motley Fool or Suze Orman shows we invite you to subscribe today!

REI Rookies Podcast (Real Estate Investing Rookies)
Ep117 - The Land Geek - Mark Podolsky

REI Rookies Podcast (Real Estate Investing Rookies)

Play Episode Listen Later Jun 30, 2019 1797:00


Today’s guest is known as “The Land Geek.” Mark Podolsky is widely considered to be the country’s most trusted and foremost authority on buying and selling raw, undeveloped land. Today, Mark will share his journey into the world of buying, selling, and leasing raw land as an investment. He has actively invested in real estate and raw land for almost twenty years, and has completed over 5,000 unique transactions in that time. More information at: TheLandGeek.com Show notes at HouseDudesPodca

The Side Hustle Show
330: Land Flipping Revisited: From Zero to $10,000 a Month on the Side

The Side Hustle Show

Play Episode Listen Later Apr 11, 2019 49:03


Roberto Chavez started his raw land flipping side hustle a little over a year ago, and with persistence, has already built it into 5-figure of monthly revenue. This is a business model that was first introduced to me by Mark Podolsky, from TheLandGeek.com, in episode 108 of The Side Hustle Show. He called it "the best passive income model" because it avoids "the 3 T’s" of traditional real estate investing: tenants, toilets, and termites. How the model works is you: acquire parcels of land on the cheap because the owners don’t want them anymore re-sell them either for a quick cash flip, or more commonly, as an owner-financed sale. This is where the passive income comes in as you collect monthly payments for a period of 3-7 years, or whatever terms you agree on. For example, buy a $10,000 parcel upfront for $2,500, and resell it for $199 a month for 5 years. In that scenario, your total payments collected would be almost $12,000, and you'd breakeven on your initial investment after about a year. Where the persistence comes in, is the initial seller outreach. It’s very much a numbers game, as you’ll hear Roberto explain. I think that’s what separates those who have success in it from, those who don’t. Tune in to learn how Roberto finds parcels to buy for 25 cents on the dollar, how he figures out how much to offer, the due diligence that goes into these deals, and how he re-sells them for profit. Note: Roberto is actually a student of Mark's. When I told Mark we were recording this episode, he offered his Land Investing Launch Kit (normally $97) free for Side Hustle Show listeners. I'm also an affiliate for his paid program; use code "sidehustle" for $500 off.

The Art of Passive Income
Setting Your 2019 Land Investing Business Goals

The Art of Passive Income

Play Episode Listen Later Dec 11, 2018 38:07


In today's episode of The Art of Passive Income—Round Table edition, Mark is joined by: Mimi Schmidt Erik Peterson Mike Zaino Aaron Williams Tate Litchfield Scott Todd As we come to the end of 2018 it's time to start thinking about your goals for 2019. Are you one who likes to set high goals that aren't attainable but hey, at least you tried and even falling short brings good results? Or, do you set low goals because you want to avoid the overwhelm or maybe you just have limited time and 10x-ing is not an option? Maybe you're not a goal setter at all? Goals come in many sizes, they are not one size fits all and the key to setting them is to aim for something that is realistic FOR YOU—making them high enough to keep you motivated and continuously moving forward. Listen in as the panel of geeks talk about their own goal-setting process. Plus, they give valuable advice that applies to all types of goal-setters! A few ways mentioned are: Reflect back on your 2018 goals Look at your business overall and find those areas you want to improve on Work on getting rid of problem areas Break down your goals and figure out how you are going to get there And, is Cardone's 10x method too unrealistic to aim for? Not according to Scott Todd and he digs in to show us why! The gang also goes over: The reticular activating system KPIs—Key Performance Indicators Plus, so much more! TIP OF THE WEEK Mark:  Go to TheLandGeek.com/training schedule a call with the Nite Cap Meister, Scott Bossman or the Zen Master, Mike Zaino. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

The Art of Passive Income
Is The Price Right? Listen To What The Market Is Saying

The Art of Passive Income

Play Episode Listen Later Sep 25, 2018 26:03


In today's episode of The Art of Passive Income—Round Table edition, Mark is joined by: Tate Litchfield Mike Zaino Erik Peterson Mimi Schmidt Aaron Williams Scott Todd Today, the panel analyzes a question coming from the Facebook Group: When do you lower and how do you determine the price when there is a big price range difference for comps? That brings us back to last week's discussion on marketing and listening to what the market is telling you through the response rates. The group goes deep into: When and IF you should lower the price Testing the market by raising and lowering the price How much should you lower it Using “special deals” Anchoring And, so much more! Listen in as they all give great advice and share their own strategies for getting the price right. When a lot of people start off buying and selling land, they want to sell the property and that's always the biggest hurdle to overcome. People freak out when they put their ads out there and advertise it but they're not selling the property. Maybe some people are asking questions about it, they're inquiring to some degree but no one is pulling the trigger to buy it. So, it's really easy to feel like you didn't price it right. But ultimately, it's just about bringing enough potential buyers to see your ad. It takes somewhere around 50 leads to sell a property. If you've achieved that and you still don't have a sell, them maybe its alright to start lowering the price. You should have plenty of room to do that if you bought the property right. -Erik Resources Mentioned: 10bii Financial Calculator TIP OF THE WEEK Erik: Check out the coaches recommended reading list at TheLandGeek.com/ReadingList.  Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

Discount Property Investor Podcast
Episode 75: Land Investing with Mark Podolsky

Discount Property Investor Podcast

Play Episode Listen Later Sep 6, 2018 29:41


In this episode, David talks with Mark Podolsky (AKA The Land Geek).  David interviews Mark and asks him all sorts of questions about how he invests exclusively in Raw Land all across the country!   Mark has been investing in land for over 15 years and he has done over 5,200 deals!!   He has an awesome approach to finding deals as well marketing to the owners of these properties BEFORE the properties go to tax sales.  Then he offers to buy the land for pennies on the dollar and flips them for HUGE profits.  On average Mark is doing about 1 deal a day.  He has automated his business about 90% and has VA’s and other staff doing the other 10%.   You can learn more about Mark on his website at www.TheLandGeek.com.   Mark has also written a book called “Dirt Rich” as well as offers a course on how you too can invest in land too!   To get a free copy of his course, “The Passive Income Launch Kit”, send an email to Support@thelandgeek.com and in the subject line type: Discount Property Investor or David Dodge, and we will send you a copy of his course for Free.  ($97 dollar value)  Mark has mastered investing in Raw Land and has a passion to teach others how they can also invest in land.  This was an awesome episode and we can’t wait to learn more about investing in raw land here at the Discount Property Investor.  Thanks for listening  

va mark podolsky land investing raw land david dodge dirt rich thelandgeek passive income launch kit mark podolsky aka the land geek
Business Sustainability Radio Show
Episode 151: Multiple Income Streams

Business Sustainability Radio Show

Play Episode Listen Later Jun 18, 2018 22:37


On this episode Josh talks with Mark Podolsky from TheLandGeek.com. They discuss the importance of passive income and multiple revenue streams. They also discuss some strategies for systemizing your business.

The Art of Passive Income
Buying Land Wholesale—Cheating Or Smart Business?

The Art of Passive Income

Play Episode Listen Later May 8, 2018 38:45


In today's episode of The Art of Passive Income—Round Table edition, Mark is joined by: Aaron Williams Erik Peterson Tate Litchfield Scott Todd Tate starts this week's Round Table off with a confession, he's been cheating... on his land business! He's been taking a shortcut and buying wholesale instead of mailing. But is buying wholesale really cheating or a smart business strategy to keep the business running efficiently? Join us as Tate gives us all the details and the guys analyze both the psychological barriers and business side of wholesaling.  Also, Should Flight School students buy wholesale and when? How to know you're getting a good deal to avoid predatory sellers—Scott breaks down the numbers Then, we have a case of what would you do—Aaron shares a situation he is in where he pre-sold properties on a bulk deal but the seller is dragging his feet on getting the deeds notarized and back to him. How much pressure should Aaron put on the seller to get this deal finalized so he can proceed on the sell side? Lastly, with the land selling websites going up in costs considerably, Scott shares his new plan of action and rates which includes a FREE plan! And, could it be that Erik finally has a nickname? Listen in for details!  TIP OF THE WEEK Mark: Check out this new book coming out called, Dirt Rich. We're going to have a special launch pricing coming out very soon. You can get the first chapter right now for free by going to TheLandGeek.com/Dirt-Rich. Plus, when you get your copy of the book you will also get these bonuses: Exclusive content and downloadable resources Free 30-day access to our Land Geek Mastermind Community Exclusive coupon for HUGE savings on the Investor's Toolkit Free coaching call with one of our Land Geek coaches Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

REI Diamonds-Real Estate Investment Podcast
REI Diamonds Show with Mark Podolsky on Investing in Raw Land

REI Diamonds-Real Estate Investment Podcast

Play Episode Listen Later Apr 10, 2018 53:21


Mark & I Discuss How to Pinpoint Motivated Sellers of Raw Land Current Market Equilibrium-Easy to Buy & Easy to Sell The American “Lust for Land” Automation for Craigslist & Facebook   30 Deals Per Month with Passive Income Mark Podolsky is the host of “The Art of Passive Income” podcast show.  His land investment company does a deal per day, somewhere in the U.S. and is run primarily by a team of Virtual Assistants.  Mark is a proponent of systems and passive income to produce long term income and freedom.   Mentioned Episodes: (There are 98 Content Packed Interviews in Total) Aaron Lockart on Doing Deals with Diamond Equity Jim Zaspel on Growing Your RE Business from a Hobby to a Massively Productive & Profitable Business Dan Breslin on Gentrification-Double Property Values Austin Stack on Generating $1 Million in 14 Months in Atlanta   Resources Mentioned in the Episode: Mark’s Podcast & Resources can Be Found at www.TheLandGeek.com  

Money Savage
Buying and Selling Raw Land with Mark Podolsky

Money Savage

Play Episode Listen Later Apr 4, 2018 19:47


On this show, we talked about how to identify opportunities and minimize losses when buying raw land with Mark Podolsky, the Land Geek. Listen to learn about Mark’s definitive process! For the Difference Making Tip, scan ahead to 17:56 You can learn more about Mark at TheLandGeek.com, Facebook, LinkedIn, and Twitter. Also, email him at Support@TheLandGeek.com and put Money Savage in the subject line to receive his ebook at no cost. Please subscribe to the show however you’re listening, leave a review and share it with someone who appreciates good ideas. You can learn more about the show at GeorgeGrombacher.com, or contact George by clicking here.

Before the Millions | Lifestyle Design Through Real Estate | Passive Cashflow Investing Tips and Strategies for Financial Fre

Today's guest, Mark Podolsky, has been buying and selling raw land full time since 2001. After starting with only $3,000, gust-wrenching fear, and absolutely no real estate experience, he bought a few parcels of land and the hit the ground running. Today Mark is the owner of Frontier Properties, a very reputable and successful land investing company. By focusing on working smart,not hard, he has completed over 5,000 land deals with an average ROI of over 300% on cash flips, and over 1,000 on the deals he sells with financing terms. Escaping solo-economic dependency changes Mark's life in so many positive ways that he decided to teach and coach so on today's show he does just that for our audience. You don't want to miss this one!   Links mentioned in the show: www.AgentPro247.com www.TheLandGeek.com Rich Dad Poor Dad Workflowy MyFitnessPal ThinkUp Daily Audio Bible   Access The Best Strategies, Tips & Advice! Every week, we send an email sharing my best advice, tips and strategies related to Real Estate Investing. Each of these weekly emails contain relevant and actionable information that can help you no matter where you are in your investing journey. Sign up to join our community

5 Minute Success - The Podcast
Mark Podolsky – Secrets of a Land Geek Revealed: 5 Minute Success – The Podcast

5 Minute Success - The Podcast

Play Episode Listen Later Dec 28, 2017 25:45


Mark J. Podolsky (AKA The Land Geek) is widely considered the Country’s most trusted and foremost authority on buying and selling raw, undeveloped land within the United States. He has been actively investing in Real Estate and Raw Land since 2001 and has completed over 5,000 unique transactions. Mark’s company, Frontier Equity Properties, LLC, is an A+ rated BBB real estate company. Mark has achieved this level of success largely due to his core business philosophy – “Happy Customers Guaranteed”  In this episode, Karen and Mark discuss: How to get out of solo economic dependency How we create passive income in raw land How to improve your life with systems and automation in real estate How to improve your life with the ultimate subscription model we created How to create a plan to create freedom and flexibility and fire your boss   *5 Minute Success – The Podcast – Listener Giveaway* Email Support@TheLandGeek.com for your FREE Passive Income Launch Kit – a $97 Value!   Key Takeaways and Actionable Success Principles: Mark made $90,000 off of his first investment! Casting a wide net, and doing the research Use automated systems to remove the headaches Create a sustainable enterprise Be a technician – know your systems, revenue streams, and clients in and out Teaching people not only grows your business through connections, but even better – you help others and make a bigger impact in others lives “To move the needle in someone’s life is way more powerful than just providing for yourself” – Mark Podolsky Connect with Mark LinkedIn: The Land Geek Website: www.TheLandGeek.com Facebook: @TheLandGeek  or Mark Podolsky Twitter: @TheLandGeek   The Podcast Join host Karen Briscoe each week to learn how you can achieve success at a higher level by investing just 5 minutes a day! Tune in to hear powerful, inspirational and informational success stories and expert insights from entrepreneurs, business owners, industry leaders, and real estate agents that will transform your business and life. Karen shares a-ha moments that have shaped her career and discusses key concepts from her book – Real Estate Success in 5 Minutes a Day: Secrets of a Top Agent Revealed. Here’s to your success in business and in life! Connect with Karen and 5 Minute Success Twitter: @5MinuteSuccess Join the Facebook Group: 5 Minute Success Website: 5MinuteSuccess.com Email: Karen@5MinuteSuccess.com 5 Minute Success Links Learn more about Karen’s book, Real Estate Success in 5 Minutes a Day Real Estate Success in 5 Minutes a Day available in Print, Digital, and Audio Subscribe to 5 Minute Success Podcast Spread the love and share the secrets of 5 Minute Success with your friends and colleagues!   Show Notes by Molly P. Tagged 5 Minute Success, December 2017, Karen Briscoe, Land Geek, Mark Podolsky, Podcast

SECRETS TO REAL ESTATE INVESTING SHOW
SREI 073 - Mark Podolsky- This “happily unemployable” investing pioneer shares his secrets to creating a cash machine and obtaining passive income with raw lan

SECRETS TO REAL ESTATE INVESTING SHOW

Play Episode Listen Later Oct 4, 2017 29:37


Many people dream of achieving financial freedom, but how many actually get there? Today on The Secrets to Real Estate Investing with Hard Hat Holly, you’ll meet one man who is achieving just that. Mark Podolsky started his working career as an investment banker, a job that he loathed that had a soulless environment and a long commute. Annoyed with being micromanaged and growing tired of catching the “Friday blues,” this talented man knew there had to be a better way.  Mark luckily discovered, through a co-worker, the beauty that is raw land investing. This exciting niche hasn’t yet been discussed on our podcast so get ready to dive deep with Mark on this strategy that consists of one-time sales with recurring passive income.  Imagine investing without the headaches of tenants, contractors, toilets, termites, RESPA or Dodd Frank, and working minimal hours per week!  This is a truly passive investment model. If you are looking to achieve financial freedom with very little upfront capital, this podcast is one you don’t want to miss! In this episode, you’ll learn about… Mark’s proven passive income model Systems, automation, and virtual assistant teams The dangers of solo economic dependency Land contracts and deeds of trust Tax deed sales Mark’s letter writing campaign Dual closings for infinite ROI! How to contact Mark Podolsky: Website: www.TheLandGeek.com Email: support@TheLandGeek.com Free Download: For our free download of the week, Mark has generously given our listeners a PDF entitled, “The Passive Income Blueprint,” which outlines a roadmap for this particular strategy of financial freedom through raw land investing. Also, if you go to Mark’s website, www.thelandgeek.com/secretstorealestate/  , he is also offering his Income Launch Kit for free!  This has a value of $97 so take advantage of this unique opportunity!  Thanks so much for sharing, Mark! Listen to the podcast here at … www.hardhatholly.com/73 As always, text “hardhat” to 38470 to receive this free download as well as past downloads and to get weekly notifications of upcoming podcasts. I'd LOVE for you to listen in today and write an iTunes rating and review letting me know what you think of the podcast – What was your biggest takeaway from the first episode you listened to? What do you love most about the episodes? What would you like to hear more about? Please share with us!  And thanks for listening! Join Holly’s Facebook private gr

GSD Mode
5,000 + Pieces of Land Purchased Personally! Create Wealth By Investing In Land with Mark Podolsky

GSD Mode

Play Episode Listen Later Aug 28, 2017 39:01


Top Real Estate Investor Mark Podolsky is exactly what he calls himself, The Land Geek! Having purchased over 5,000 pieces of land ranging from private owners to auctions, Mark has extensive knowledge on everything involved with purchasing, flipping, investing, and providing yourself with extra income via raw land purchases. Being a land investor for over 15 years, Mark also provides valuable coaching for those looking to buy land and make more money. If you are looking for an easy and surefire way to make extra income, check out what Mark has to say, don’t miss it!   0:01 - Introduction 2:30 - Mark works on a treadmill 3:40 - Journey to entrepreneurship 5:10 - Making over $90,000 at just 1 land auction and deciding to slowly transition full-time 7:00 - How did you survive the massive market crash around 2008-2009? 10:40 - What is your process of buying a piece of land? 15:30 - How do you get the treasury list from each state? 17:50 - How big or how small of a deal do you look for? 21:30 - Do you know of any top mistakes that people make when looking to buy raw land? 23:00 - Do you offer mentorship programs? 29:40 - Is your training program tailored specifically for realtors? 31:10 - When did you decide to start walking while working? 35:10 - If you could go back in time and give your younger self 2 pieces of advice, what would that advice be?       Websites:   https://www.thelandgeek.com/   https://www.thelandgeek.com/bootcamp/   https://www.thelandgeek.com/category/podcasts/   Podcast:   https://www.youtube.com/user/TheLandGeek     Join the Free Private GSD Mode Facebook Group - http://www.facebook.com/groups/gsdmode     Thanks for watching don’t forget to subscribe for daily content!  https://www.youtube.com/subscription_center?add_user=joshuasmithaz      

The Art of Passive Income
Biggest Pet Peeves—How We Deal With Them

The Art of Passive Income

Play Episode Listen Later May 23, 2017 37:15


In today's episode of The Art of Passive Income—Round Table edition, Mark is joined by:  Tate Litchfield Scott Todd Erik Peterson It's time to get the violins out as we discuss the negative aspects of this business.  Pet Peeves—What annoys us most about this business? Everybody has their pet peeves, how do you deal with them?   Failure Points—Why some people fail and what you can learn from it.  Plus, how do you keep yourself motivated? The group goes over what works for them. TIPS OF THE WEEK Mark:  Check out LandingLion.com. It helps you create landing pages for your business. Also check out VAs.TheLandGeek.com if you want trained virtual assistants at your disposal. Scott: Check out Airtable.com. (Oh no he didn't!) It's an all-in-one collaboration platform; a database and spreadsheet combined. Also check out LandModo.com/TheLandGeek. We are now allowing outside people to list their property on my site and enjoy my resources. Tate: Check out ClickMeter.com. It allows you to monitor, compare, and optimize all your marketing links in one place to increase the conversion rate. Erik: Check out TypeForm.com. It's a new way to look at online forms. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

The Art of Passive Income
How can you make your land irresistible? Keep your pricing simple!

The Art of Passive Income

Play Episode Listen Later May 2, 2017 43:40


In today's episode of The Art of Passive Income—Round Table edition, Mark is joined by:  Scott Todd Tate Litchfield David Banales Mike Zaino Erik Peterson  Today's topics are:  Pricing Mistakes—What finance terms you should be putting in your ad to make it more irresistible to buyers and what you shouldn't. Septic Tanks—Do they increase the value of the property? David shares an issue that he is going through now and the panel weighs in.  Defaults—What percentage of term sales go into default and what course of action should you take? "If you give too many finance options, it gets too confusing for the buyer. Keep your pricing simple and you will increase your sales." —Mark Podolsky Listen in now for all the details! TIPS OF THE WEEK Mark: VAs.TheLandGeek.com for all your VA needs! Scott: ConvertKit.com allows you to re-mail unopened emails in your list. Tate: The Cash App. Great resource for sending cash.   Erik: AlfredApp.com—Adds custom hotkeys to your Mac.  Mike: WorkFlowy.com for VA management. David: ListGoal.com—An extension to grow your email list. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

The Art of Passive Income
Get Ready To Geek Out!

The Art of Passive Income

Play Episode Listen Later Apr 4, 2017 39:59


In today's episode of The Art of Passive Income, we are introducing a new segment called The Land Geek Round Table. Every Tuesday, in addition to the regular Art Of Passive Income episode on Thursdays, Mark gets together with a panel of coaches and students to discuss all things land! They give advice, tips, share stories and talk about the strategies that are currently working for them. In today's episode, Mark is joined by: Scott Todd Rachael Mueller Mike Zaino Tate Litchfield Erik Peterson David Banales Topics Discussed: Biggest take aways from Bootcamp. Newbie Regrets—What would our panel have done different in the beginning? And what happens when you run out of money? Listen in now to hear what the panel has to say. TIPS OF THE WEEK Mark: Go to the TheLandGeek.com/Bootcamp and learn more about The Land Geek Bootcamp. Scott: Check out PasteApp.Me. It allows you to copy something and store everything you've copied on a smart cloud clipboard history. David: Go to DigitalMarketer.com. Check out their website, it's the best way to stay in the cutting edge of social media marketing. Rachel: Read the book Getting Things Done: The Art of Stress-Free Productivity by David Allen. Mike: Honesty. If you are honest with people on both the buying and the selling side, you will have more deals and it'll be easier for you and it'll go smoothly. Tate: Check out the app SmartScanDigitalMail and check your physical mail anywhere in the world!  Erik: Check out Animoto.com. It's a tool that can put together marketing videos. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

Deal Farm - A Real Estate Investing Community
Mark Podolsky - Best Deal Ever

Deal Farm - A Real Estate Investing Community

Play Episode Listen Later Mar 28, 2017 39:23


Mark Podolsky (aka: the Land Geek) joins us on the Deal Farm Podcast today to talk about a very niche land flipping business he has carved out. If you've ever dreamed of owning land at pennies on the dollar, Mark is your guy! He's figured out how to market and acquire land all over the country and turn these properties into a passive cash flow machine! Tune in to this episode and discover how Mark has used this model to buy and sell over 5,000 properties!   Mark has also agreed to give our listeners his Passive Income Launch Kit (normally $97) for free!  Just go to TheLandGeek.com/KenCorsini to check it out.

The Best Passive Income Model Podcast
Maximizing The Best Passive Income Model with Chris Pritchard

The Best Passive Income Model Podcast

Play Episode Listen Later Apr 14, 2016 33:59


In this episode of the Best Passive Income Model Podcast, listen in as Mark Podolsky, the Land Geek, chats with former student, Chris Pritchard, a Land Geek student and coach extraordinaire. Chris tells Mark about how he was a software engineer by trade and trying out new businesses but having the tendency to over analyze things. When he heard Mark for the first time ever on a podcast, he instantly knew he was interested. He wanted something that was simple, where you do the work and keep doing the system. He says he's doing what he's told and it has worked out for him. When asked what ‘worked out' meant, Chris said that he's sitting on a monthly revenue of about $1,400. He has $75,000 on the contract values. Last month, he did $27,000 in cash deals within ten months of starting the business. The most difficult part of the business was when he was just starting. He said there was a lot to absorb. He had to watch all the videos and there's all this new information and he was scared to call the counties to ask for a list. He ended up sending them emails instead. That was the first action he took. He also said there's a learning curve and a lot of new things to figure out, some of them intimidating. Mark mentions that he kept his Toolkit actionable and that he gave what he thought was enough information but not too much. The big 3 modules; Deal Flow, Due Diligence, and Marketing, the other information is just a bonus. When Chris got the Toolkit, it took him a couple of weeks to get his first list. It took some time to absorb the information and take action. In terms of deal flow, acquiring properties and anything about land, Chris says that he learned a lot. He especially learned a lot from watching the Craigslist videos because it was a deep dive into how to construct your ads and be successful. Initially, Chris started with Craigslist, and then Land Watch and Land and Farm. Currently, he's experimenting with different marketing. With the money he's making, he can now spend more on marketing. Talking about a big deal he's had, Chris sold a property on terms and he used the down payment to buy the land. It was within the period of time when he was doing due diligence so he went ahead and got the property. This deal defaulted but he was able to sell it for cash last month. Chris talks about the mix you want and how you can market your properties. Are you marketing towards a payment situation or are you marketing towards a cash flip? On the advice he would give a newbie, Chris says that he made a conscious decision not to do Mail Chimp and setting up CRMs in the beginning. He says to focus more on getting offers out and mailing these letters every week. He had to be consistent with that. When offers came in, he stuck to due diligence and got them listed. He focused on the M&Ms – mailing and marketing. It wasn't until six months down the road that he started working on a website. When asked if the program met his expectations, Chris responded that there were a lot of eye-opening moments such as when he got a 6.5 acre, $17,000 property for $2,500. Another client of Mark's got a call from Jeff Akstin saying that he sold a property he bought for $15,000 for $150,000 on terms. He's getting his money back in 8 months and then he'll be getting $600 a month for the next twenty years. Some newbies, according to Mark, make the mistake of stopping the deal flow. But it's a numbers game. You always have to keep up with it, even if you run out of money. The value is always in that deal. Chris' wife was skeptical about this online course, at first. When Chris first told her about this, she said, “oh, you found another shyster, huh?” When she saw that he started making his deals, she then kept bugging him to get that sale or do that video. This was her mantra for the first few months. After seeing the income from the deals Chris worked out, she has been more flexible. Although her preferences are steel appliances and granite counter tops, she's not as interested in raw land. The raw land market was then compared with house flipping. Chris and Mark agree that the raw land business is not crowded at all. Chris did ‘bump' into someone from the Land Geek community who had a property near his. He then told him that the views from the property were amazing. He even gave him a Google Earth screen shot that showed it at a different angle and showed what the views might be like. In the Land Geek community, everyone's willing to share information. After seeing some success even if there are other ads in the same area, they tend to be less competitive. It's a massive market with relatively few players in it. Keeping the information to themselves would be lonely. Mark thinks that it's better as a community and as a whole, sharing, getting better, and having an abundance mentality versus a scarcity mentality. So far, Chris has seen an ROI of about 700-900%. For his cash deals, he has gotten about 350% using other people's money. The county makes it easy to get that. Using the county's tax bill helps and works out on both ends. Another client of Mark's was a hedge fund manager who thought that making 100% was ludicrous. But in two weeks, he flipped three deals and made 100%. Mark asked Chris about being skeptical about the income the Best Passive Income Model could generate. Chris said that Mark's being a guest on the Jerry Robinson podcast gave him the credibility. Before he was featured as a guest, they even asked Mark for his social security number so they could do a criminal background check. As a new member of the Land Coaching Team, Chris is going to give back and pay it forward. He thinks it will make him a better investor because it'll force him to see things in a different way. Chris is looking forward to being part of a system and have quality control and making sure that everyone is doing a good job and it's consistent. Plugging in, helping those in the community, and leveling up is something Chris is looking forward to. At the moment, Chris is working on the business about 20 hours a week but is working on reducing that. TIP OF THE WEEK: Chris: Trello, a nice website. It's free and set up like a Kanban system from the Japanese. You can put lists, you can do your Deal Flow and have cards for each property, add notes, images, videos, and whatever content you're acquiring through your Deal Flow process. You can add them on the cards, drag and drop them and it's really great for a team to get in there and take care of everything. Trello makes sure that the T's are crossed and the I's are dotted. For the newbie listeners, do not get discouraged if you have a bad mailing from a county. Don't think it's something you're doing wrong. If you throw out 20-50 letters and you don't get a response, switch it out a little bit. Do a few different counties and experiment. Try something different in that county or you could try a different county. Mark: Try the iPhone app called Digit. Save money without thinking about it and it automates saving a little bit here and there. It is an effortless way to save money without thinking about it. Also check out LandsOfAdventure.com and Marks' newly updated website, FrontierPropertiesUSA.com. Go to TheLandGeek.com and download for free the Passive Income Blueprint. Get the e-book How to Avoid the Three Fatal Land Buying Mistakes and get this always informative and engaging podcast delivered each week to your email inbox. Thank you for listening to the Best Passive Income Model podcast. Your support helps me to invite guests who share their knowledge that you can use to grow your business.  

The Best Passive Income Model Podcast
Building Your Virtual Dream Team with Mr. Outsource, Erlend Bakke

The Best Passive Income Model Podcast

Play Episode Listen Later Mar 31, 2016 35:49


Listen in as Mark Podolsky, the Land Geek, talks to Erlend Bakke, MrOutsource.com, about working with Virtual Assistants from the Philippines. Mark talks about how he has gotten hooked on working with the well-trained MrOutsource.com team. Mark talks about his six-week experience working with the MrOutsource.com team. When Mark first dipped his toe into working with MrOutsource, he was a bit skeptical at first. He had some experience with other companies and they all left him wanting. Mark highlighted the fact that working with the team, he has gotten daily reports from the team with updates, questions, and clarifications. He has been happy with the communication between himself and the team, which made working with the team such a great experience. Mark's experience, working with the MrOutsource.com team has been wonderful for him. It has become a one-stop shop for his podcast. Right after he records each episode, the podcast is sent to the team, who would literally do everything with it. Erlend stressed that one year of doing podcasts has made this his team's core competence, making Mark a perfect fit. This has saved Mark some time and money. This also allowed Mark to focus on higher income—generating strategies. Working with Filipino Virtual Assistants, Erlend has had to emphasize during training that they shouldn't just say yes and be submissive. Another important report required of all the Virtual Assistants is their daily update, which includes What I Did Today, Challenges Encountered, and Questions I have for you. Among the parts of the report, Erlend recommends focusing on the third question, which require immediate attention. One of the simpler tools Erlend recommends everyone to use is the email. When asked about the prices, Erlend responded that connecting a Virtual Assistant with a client would cost $497. Then you get three candidates to choose from. The benefit of going throughMrOutsource.com is that the VA has a contract with the Filipino company, which means that if the VAs do something illegal, they can be sued in the Philippines. In addition, each applicant is also required to go through their seven-day training. You pay a 30% rate on top of whatever other rate, but you are secure knowing that you're working with trained and reliable VAs. Mark asked Erlend whether MrOutsource.com is going to eventually increase their prices now that he's hooked and how Erlend would maintain the quality of work when more and more clients avail of their services. Erlend responded that he intends to charge new clients more but keep prices the same for old clients. Perhaps if he were to consider an increase, he would increase his prices by the standard 4% per annum, depending on the inflation rate. Erlend emphasized that keeping his current clients happy will lead to a whole positive ecosystem of positive referrals. Taking care of the customers he already has will continue to be a priority for MrOutsource.com. Erlend mentioned learning his business philosophy from Keith Cunningham's course called the 4-Day MBA where he learned quite a few things. One of them was learning to take care of his clients before he'll consider raising the prices or going out to get more customers. When working with VAs, Erlend says it's incredibly important to be passionate because people are attracted to passionate people. You need to be excited about what you accomplish as a tem, especially when it comes to delegation and outsourcing. Those are the kinds of leaders people are attracted to. Being like Richard Branson, Erlend says that you need a vision, know how to joke around but also be serious. Outsourcing has allowed Erlend to do things that he enjoys. Since he is able to do the things he enjoys, he is able to be energetic and passionate at work. That way, he is able to attract people who are equally as passionate. These people he is attracting want to be part of his vision and his dream. He likens this to having weight on an entrepreneur's shoes but with the VAs, with their help, they can run together rather than walk slowly. To have fun and success in business, Erlend says if you have a passionate team that care about the same stuff, you will be successful. It shouldn't be all about money. Erlend also warns against greedy business partners. These are people you shouldn't be working with. The same goes for outsourcing. Employees who are driven by money and are opportunists will only play for the money. They're not adding to any value but rather just focused on getting a paycheck. A book by Adam Grant called Give and Take was read both by Mark and Erlend. It says that we all go through phases of matching, taking, and giving. We want to be more on the dominant side of giving because ultimately, you'll get more. The more you give, the more you get. You don't want to be a giver all the time. There are people you want to be matching with. If you give me an apple, I'll give you an apple. Mark says Erlend has done a phenomenal job hiring and training these givers and has somehow been able to crack the code of giving this kind of service. Tips of the Week: Register for the live webinar with Erlend and myself next Wednesday April 6th at 12:30PM and learn how to generate $20k a month thanks to outsourcing: Registration URL: https://attendee.gotowebinar.com/register/4289649331852387073Webinar ID: 108-432-995   Erlend: I was reading about getting up in the morning and suggests that as soon as you get out of bed, you stand tall, confident, with your shoulders back and your head held high. Then, you reach up your arms a little bit upwards, like a 45- degree angle, and you welcome the day. After that, you make your bed. After that, you're done with your first task of the day. That would make you feel really good. Also, as soon as your alarm goes off, you start counting down from 10 inside your head. Then you get up before it goes to zero. Mark: Go to MrOutsource.com, schedule that 30 minute consult, and find out if it's a good fit for you and what you're doing. Subscribe, rate, and review the podcast so I can continue to get the quality of guests on the podcast. If you send us a screenshot you're your review, you get the $97 Passive Income Launch Kit for free. Send that to support@theLandGeek.com. Go to theLandGeek.com and download the Passive Income Blueprint and get this informative and engaging podcast delivered each week to your email mailbox. Thank you for listening to the Best Passive Income Model podcast. Your support helps me to invite guests who share their knowledge that you can use to grow your business.    

The Top Entrepreneurs in Money, Marketing, Business and Life
Smart Way to Buy Profitable Land with Mark Podolsky of Landgeek

The Top Entrepreneurs in Money, Marketing, Business and Life

Play Episode Listen Later Jan 23, 2016 16:34


Ep138 Mark J. Podolsky (AKA The Land Geek) is widely considered the Country’s most trusted and foremost authority on buying and selling raw, undeveloped land within the United States.  He has been actively investing in Real Estate and Raw Land since 2001, and has completed over 5,000 unique transactions.  Mark’s company, Frontier Equity Properties, LLC, is an A+ rated BBB real estate company.  Mark has achieved this level of success largely due to his core business philosophy – “Happy Customers Guaranteed.”  Mark is the host of one of the top rated podcast in the Investing Category on iTunes aptly title The Best Passive Income Model.  He is also the host of the Land Geek Podcast- Work Smart. Earn More. Learn How. 3 Key Points: The raw undeveloped land market is an untapped real estate niche that if bought and sold correctly, can generate considerable passive income. Selling raw undeveloped land doesn’t require rehab, renters, renovations, or rodent control. It can be done from a computer anywhere. Life is a numbers game. Don’t be fearful and take risks when you can. Episode Notes:  01:00 – Nathan’s introduction to today’s show 01:53 – Mark joins the show 02:39 – Bought 160 acres of raw undeveloped land for 6,200$. Sold for 54,000$ 03:14 – Mark’s company sends direct offers to land holders that are accepted at a 3-5% rate 04:21 – Why selling raw land is an ultimate passive income model 04:50 – Specifics on how Mark’s company turns a profit 06:15 – Land investing is an untapped real estate niche that isn’t intuitively profitable (at first!) 07:15 – The business is still dependent on the market 07:37 – 12% consistent annual returns 09:13 – Mark’s total topline revenue in 2014 was over 1 million dollars 09:21 – Mark’s company’s passive income exceeds its fixed expenses – generating over 20K a month 10:26 – Mark’s company’s average ROI is over 1000% on owner financing and 300% on flips 11:21 – Nathan’s post-podcast experiment 11:51 – Buying correctly, the undeveloped land market is a reliable source of income 12:05 – Amazingly most of the work is automated with software for Mark’s company   13:51 – The Famous Five Related: Want to learn how to go from $0-$10k/mo in revenue fast? Join Nathan live on the Starter Tribe Beta free workshop. Famous 5 Favorite Book?— Give and Take by Adam Grant What CEO do you follow?— Elon Musk What is your favorite online tool?— Voxer Do you get 8 hours of sleep?— Yes If you could let your 20 year old self know one thing, what would it be?— Don’t be fearful, be your authentic self, and understand that life is a numbers game. Take risks when you can. Resources Mentioned: Growth Geeks – The way Nathan hires growth hackers on a per project basis for things like info graphics, blog posts, and other growth projects The Best Passive Income Model Podcast – Mark Podolsky’s podcast. Thelandgeek.com – Resource for learning more about the raw undeveloped land market. Voxer – Mark’s favorite communication tool. Elon Musk – CEO Mark follows. Give and Take by Adam Grant – Mark’s recommended business book. Want to learn how to go from $0-$10k/mo in revenue fast? Join Nathan live on the Starter Tribe Beta free workshop.     Listen to The Top if you want to hear from the worlds TOP entrepreneurs on how much they sold last month, how they are selling it, and what they are selling - 7 days a week in 20 minute interviews! Join the Top Tribe at http://NathanLatka.com/TheTop The Top is FOR YOU if you are: A STUDENT who wants to become the CEO of a $10m company in under 24 months (episode #4) STUCK in the CORPORATE grind and looking to create a $10k/mo side business so you can quit (episode #7) An influencer or BLOGGER who wants to make $27k/mo in monthly RECURRING revenue to have the life you want and full CONTROL (episode #1) The Software as a Service (SaaS) entrepreneur who wants to grow to a $100m+ valuation (episode #14). Your host, Nathan Latka is a 25 year old software entrepreneur who has driven over $4.5 million in revenue and built a 25 person team as he dropped out of school, raised $2.5million from a Forbes Billionaire, and attracted over 10,000 paying customers from 160+ different countries.   Oprah gets 60 minutes or more to make her guests comfortable to then ask tough questions. Nathan does it all in less than 15 minutes in this daily podcast that's like an audio version of Pat Flynn's monthly income report. Join the Top Tribe at http://NathanLatka.com/TheTop

The Less Doing Podcast
191: Mark Podolsky - The Land Geek

The Less Doing Podcast

Play Episode Listen Later Nov 11, 2015 51:41


**Summary:** In Episode #191 Ari interviews Mark Podolsky of [The Land Geek](http://www.thelandgeek.com/), a company that's founded on land flipping and the development of passive income. Tune in to hear Mark and Ari talk secrets to success and why all your entrepreneurial attention should be on moving the needle. **Special Announcements:** This week's episode of the Less Doing Podcast is brought to you by [JustWorks](https://www.justworks.com/), an innovative company striving to make payroll, benefits, and compliance management a seamless and stress-free process. ## [Leave Us a Review!](https://geo.itunes.apple.com/us/podcast/ari-meisel-less-doing/id605938952?mt=2&uo=6) Hey Less Doing Podcast Listeners, we want to hear from YOU! Visit us on iTunes and leave a review or subscribe to the podcast if you're not already a dedicated follower. **Time Stamped Show Notes:** - 00:35 – Introduction of [JustWorks](https://www.justworks.com/) and Isaac Oats - 00:55 – Nuts and bolts are the hardest part of HR for small companies - 02:45 – Ari muses on Daylight Savings Time - 33:56 – Introduction of Mark Podolsky of [The Land Geek](http://www.thelandgeek.com/) - 34:11 – Mark Podolsky's background - 36:21 – The process of identifying properties - 38:00 – Now Mark teaches Land Flipping - 40:05 – Automation has become integral to Mark's success - 40:32 – The automation of the offer sending process is the keystone to Mark's success - 41:12 – Click to Mail - 42:29 – Mark's vetting process doubles as his marketing process - 42:54 – Don't worry about “generating traffic” just go to where the buyers are - 43:58 – [The Death of Money](http://amzn.to/20KID5C) - 44:50 -- $6000 for a property and flipping it for $55K - 46:37 – The course creation process - 47:53 – Mark's _Top 3 Tips to be More Effective_ - 48:05 – Take imperfect action - 48:42 – Don't recreate the wheel—respect your time - 49:11 – Be aware of _everything_ you do—have your numbers DOWN - 49:30 – “Playing Business” doesn't move the needle—focus on what does - 50:08 – [www.TheLandGeek.com](http://www.thelandgeek.com/) **5 Key Points:** 1. Don't waste your time on things that don't move the needle. 2. Respect your time. 3. Niche markets can be a highly lucrative (and easy) way to make money. 4. Don't worry about traffic, just take yourself to where the buyers are. 5. KNOW YOUR NUMBERS. **Resources Mentioned:** - [The Less Doing WODcast](http://lessdoingwodcast.com/) – A FULLY AUTOMATED daily workout routine brought to you for FREE by Dave Rael and Ari - Call 1-844-i-do-less – Toll-Free number, Press “0” to speak with a Less Doing Certified Coach - Text DOLESS – Text DOLESS to 33733 - [iflscience](http://www.iflscience.com/health-and-medicine/should-work-start-10am) – From Sleep Researcher Paul Kelly, an article explaining why the day shouldn't start until 10AM - [Ivee](https://www.indiegogo.com/projects/ivee-talking-to-your-home-is-no-longer-sci-fi?ref=producthunt#/story) – Talk to your home with a voice integrated assistant - [Kimerakoffee](http://www.kimerakoffee.com/?utm_content=buffer1958c&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer#kimera-legend) – Coffee infused the high-quality nootropics - [Power of Empathy](http://www.bakadesuyo.com/2015/09/power-of-empathy/) – The 3 ways empathy can improve your life - [Homey App](http://startupli.st/homey_team) – Assign chores with snapshots - [SVET](http://startupli.st/getsvet) – Smart lightbulbs that improve your life - [Anti-Vaccine Group Hurts Itself](http://magazine.good.is/articles/anti-vaxx-study-backfires) – An Anti-Vaccine group funded an objective study that showed no correlation exists between autism and vaccines - [The Fountain of Youth](http://www.medicaldaily.com/pulse/fountain-youth-oldest-woman-world-susannah-mushatt-jones-eats-bacon-every-day-356208) – 116 Year old woman eats bacon every day - [Fun Fungi](http://www.iflscience.com/plants-and- --- Send in a voice message: https://anchor.fm/lessdoing/message

Get Rich Education
44: How A Four-Plex Building Can Be Your Massive Wealth Generator (1 of 2)

Get Rich Education

Play Episode Listen Later Aug 14, 2015 33:56


#44: A four-plex apartment building can be your major wealth catalyst with an FHA loan and your small 3.5% down payment.   Live in one of the four units and rent out the other three. It’s exactly how Keith began investing in real estate.   Subscribe on iTunes so you never miss an episode.   Listen to this week's show and learn:   03:05  Why a four-plex rather than another property type?   04:35  How to put as little as a 3.5% down payment on a four-plex apartment building with an FHA loan.   06:19  Common objections to owning a four-plex this way.   09:28  Different four-plex layouts - townhouse style vs. apartment style.   12:32  Do you live in a geographic market favorable to “owner-occupying” a four-plex? Here are some indicators.   14:30  Running the numbers.   16:09  Leverage creates wealth for you in an appreciating environment. But if the market loses value, leverage can become difficult for you.   20:48  Preparation: how to position your affairs to buy a four-plex.   23:35  Property selection considerations.   26:46  How to structure your purchase offer with the seller to your advantage.   30:25  By buying a four-plex, you’re starting off bigger than most well-known real estate investors have. Most people simply don’t consider buying four-plexes with FHA loans.   Resources mentioned:   MyFico.com   TheLandGeek.com/GRE and MidSouthHomeBuyers.com   Visit our website at GetRichEducation.com to subscribe to our newsletter or see all Events.   Download the GRE Android App at Google Play and keep the GRE icon right on your phone’s home screen!   We would be grateful if you wrote a review! Here’s how to write one at: iTunes, Stitcher, and Android.

Get Rich Education
43: Your Real Estate Investing Strategy

Get Rich Education

Play Episode Listen Later Aug 7, 2015 39:02


#43: Turnkey real estate investing in 3-4 geographic markets can be a smart formula for potentially high rates of return and low volatility.   01:35  The U.S. stock market has not had a correction for four years. The S&P 500 Index is near an all-time high.   04:03  Nationally, real estate values are still not as high as their 2006 peak.   07:24  Why markets are more volatile with a 0% Federal Funds Rate.   10:32  Be invested in 3-4 geographic markets.   14:50  Typically, an income property’s cash flow rises faster than inflation.   24:16  The importance of giving.   28:20  Investments you can make with little of your own money, Panama coffee farm tour dates announced.   32:30  Announcement of a turnkey investment property network of seven investor-advantaged metro submarkets that you can participate in.   Resources mentioned:   TheLandGeek.com/GRE and MidSouthHomeBuyers.com   Visit our website at GetRichEducation.com to subscribe to our newsletter or see all Events.   Download the GRE Android App at Google Play and keep the GRE icon right on your phone’s home screen!   We would be grateful if you wrote a review! Here’s how to write one at:iTunes,Stitcher, andAndroid!  

Get Rich Education
42: Advising President Obama and Bush on Finance; Children & Money with Sharon Lechter

Get Rich Education

Play Episode Listen Later Jul 31, 2015 35:05


#42: As a child, were you taught a scarcity mindset?   Steering public policy through the White House and Congress may help future generations of American children be better-educated on finance.   Listen to this week’s show and learn:   02:18  You’re working 8+ hours a day for a job you’re not passionate about. Why not at least plan an escape hatch?   06:17  Did your parents tell you “Money doesn’t grow on trees” and “Who do you think we are, the Rockefellers?” Instead, Sharon reveals more constructive phrases.   08:32  As a child, did you learn to “save money” or “invest money?”   11:05  “Live below your means” reinforces a scarce mindset.   16:00  How to teach children about businesses.   17:33  Sharon Lechter on the value of a college education today.   24:50  Which President - Obama or Bush - would be more likely to calculate an apartment building cap rate? Sharon picks one!   25:11  Sharon on the power of real estate investing.   28:09  Sharon’s work with “Think and Grow Rich.”   Resources mentioned:   TheLandGeek.com/GRE and MidSouthHomeBuyers.com   Sharon’s resources: SharonLechter.com | Think and Grow Rich for Women | Board game: Thrive Time For Teens | LinkedIn-Success.com | MyJobChart.com     Visit our website at GetRichEducation.com to subscribe to our newsletter or see all Events.   Download the GRE Android App at Google Play and keep the GRE icon right on your phone’s home screen!   We would be grateful if you wrote a review! Here’s how to write one at: iTunes, Stitcher, andAndroid.  

Get Rich Education
41: Russell Gray | Secrets Of Real Estate Syndication | The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action

Get Rich Education

Play Episode Listen Later Jul 24, 2015 51:00


#41: Have you run out of money to buy investment real estate?   Russell Gray describes how you can pool other people’s money for a down payment on investment property.   You profit when you provide value to your investors. It’s called real estate syndication.   Listen to this week’s show and learn:   05:12  Real Estate Syndication defined.   09:18  Why syndicate?   12:00  Do you need to be “qualified” to be a syndicator? No.   15:40  Low pressure tactics to attract investors to your deal.   18:32  Remarkably, you’ll often discover that it’s easier to find investors’ money for your deal than finding the real estate to match it.   25:03  How you make money as a real estate syndicator.   30:47  How syndicators spend their time, and pitfalls you must avoid.   37:47  Donald Trump’s story. How much money you can really make as a syndicator?   42:20  Next month’s powerful Secrets Of Successful Syndication Event, August 21-22 in Dallas, TX.   Resources mentioned:   Register for the Secrets Of Successful Syndication Event by July 31st at an early-bird discount either:   Through our Events Page Or send an e-mail to Syndication@GetRichEducation.com Visit our website at GetRichEducation.com to subscribe to our newsletter or see all Events.   www.TheLandGeek.com   Download the GRE Android App at Google Play and keep the GRE icon right on your phone’s home screen!   We would be grateful if you wrote a review! Here’s how to write one at: iTunes, Stitcher, and Android.    

Get Rich Education
35: Ray Dalio | How The Economic Machine Works

Get Rich Education

Play Episode Listen Later Jun 12, 2015 37:48


#35: Ray Dalio, Founder and CEO of the Bridgewater Associates investment firm with his brilliant work, “How The Economic Machine Works”. Listen to this week’s show and learn 1:47  Definition of “economy.” 2:00  Produce more than you consume. 5:59  “How The Economic Machine Works”   Resources mentioned: You Tube video “How The Economic Machine Works”: here. Written .pdf document “How The Economic Machine Works”: here. Ray Dalio Wikipedia Page: here. TheLandGeek.com/GRE MidSouthHomeBuyers.com New! Check out the beta version site at GetRichEducation.com Download the GRE Android App at Google Play and keep the GRE icon right on your phone’s home screen! We would be grateful if you wrote a review! Here’s how to write one at: iTunes, Stitcher, and Android.  

Get Rich Education
34: Get Out Of The Rat Race with The Gena Lofton Show | Oprah’s SuperSoul Conversations | Traffic Secrets: The Underground Playbook for Filling Your Websites and Funnels with Your Dream Customers | Suze Orman's Women and Money

Get Rich Education

Play Episode Listen Later Jun 5, 2015 25:30


#34: Author, Investor, and Entrepreneur Gena Lofton transformed her life from homeless in southcentral Los Angeles to owning 2,000 rental units today. Listen to this week’s show and learn: 02:12  What the concept of “Sending the elevator back down” means. 10:55  One wealth-building element is being a contrarian. 13:34  Gena didn’t have a “Rich Dad” or a “Poor Dad.” 15:45  The value in Gena’s book is its beautiful simplicity. 16:41  How to know when your “why” is strong enough. 20:24  The “genie” inside of us. 21:14  How Gena gets rich with debt.   Resources mentioned: Book - Escape The Madness: 10 Steps To Get Out Of The Rat Race PassiveIncomeAdvisors.com – Gena’s website TheLandGeek.com/GRE MidSouthHomeBuyers.com New! Check out the beta version site at GetRichEducation.com Download the GRE Android App at Google Play and keep the GRE icon right on your phone’s home screen! We would be grateful to you for writing a review. Here's how to write one on: iTunes, Stitcher, or Android!

Get Rich Education
33: Why You DON’T Want To Be A Millionaire

Get Rich Education

Play Episode Listen Later May 29, 2015 27:51


#33: Millionaires are not wealthy. In the end, you ultimately don’t seek financial wealth anyway. Listen to this week’s show and learn: 01:31  GRE is perhaps the only show that regularly delivers all three: education, actionable content, and motivation. 02:35  Listeners are taking action toward a GRE mantra of “Don’t follow money. Make money follow you.” 04:38  If you aspire to be a U.S. dollar millionaire, you’re losing. 08:24  Inflation debases a dollar’s value and the worth of a millionaire. 09:54  Why America continues to have an inflationary mandate. 11:58  Wealthy people buy time. Middle class and poor people sell time. 14:44  Living well and giving well trumps the financial wealth created through real estate investing. Most forget this. 16:58  How wealthy people buy fun toys that enhance their lifestyle. 18:40  Keith’s “hero”. 20:22  At the end of your life, how will your autobiography or obituary read if it tells the truth? 23:12  Mark Podolsky, aka “The Land Geek”, has a compelling, profitable business model that you can learn. 25:01  How to contact Keith if you would like him as a live speaker at your event.   Resources mentioned: www.TheLandGeek.com/GRE www.MidSouthHomeBuyers.com New! Check out the beta version site at GetRichEducation.com GRE has a new Android App. Download it at Google Play and keep the GRE icon right on your phone’s home screen!  

Get Rich Education
27: Making Raw Land Cash Flow with Mark Podolsky of The Art of Passive Income Podcast

Get Rich Education

Play Episode Listen Later Apr 17, 2015 37:28


#27: Mark Podolsky tells Get Rich Education how he produces cash flow from raw land. Listen to this week’s show and learn: 02:05  Residential property management, fees, and an operations example at Keith’s 11-plex apartment building. 06:51  The classic professional management vs. self-management debate. 07:47  Mark Podolsky’s model eliminates the need for any property management at all. 09:57  Mark Podolsky interview begins and he explains his business model. 15:10  How to find out when & where land auctions are. 16:28  An example of how to structure a cash flowing raw land deal. 18:06  Why you can buy others’ raw land for pennies on the dollar. 19:29  How to identify the best land parcels. 25:45  How to start with essentially zero money. 28:11  What one needs to know before starting. 30:02  Mark’s big mistake.   Resources mentioned: www.TheLandGeek.com The Best Passive Income Model podcast www.Naco.org www.WeGoLook.com New: You can now hear GRE on SoundCloud

7 Figure Flipping with Bill Allen
HFHQ 73: Interview with Mark Podolsky: All About Land Investing

7 Figure Flipping with Bill Allen

Play Episode Listen Later Mar 25, 2015 48:01


Today I interview Mark Podolsky, the “Land Geek,” who gives us the rundown on making passive money through investing in raw land! This is something a bit different than what I usually feature on this podcast; like I always say, there are a million ways to make a million dollars, and this is another one! However, don't let this distract you from your focus, whether that's wholesaling or house flipping or whatever it may be.Have any questions? Just post them in the comments area below! And if you like what you hear, be sure to click here to subscribe in iTunes. And while you’re there, why not leave us a review and five-star rating?Show NotesWhat’s covered in today’s podcast? Here are a few main points.The Biggest Flipping Failure Challenge began this week for members of the House Flipping Formula Coaching and Implementation Program, and it's off to a great start! I'm super excited to see the action that everyone takes and the progress made.Tons of great info from land investing expert Mark Podolsky. Honestly, this is something unique that we haven't really covered before on this podcast, and I don't know much about it myself, so it was a great learning experience for me!Links and ResourcesCheck out Mark Podolsky's podcast, his passive income blueprint, and tons of other resources at TheLandGeek.com!Don't forget to sign up for my upcoming seminar, which is all about building a systematized house flipping business. Click here!Like what you hear?If you've found any value or helpful information in the House Flipping HQ Podcast, we’d love to hear about it! Head on over to iTunes and leave us a rating (5 stars would be great!) and a review so that others who are interested in starting a house flipping business can find us and get in on the good stuff. Click here to leave a review and rating! If you have any questions or comments about this show or its contents, please post them in the comments area below and I’ll be happy to answer them.The post HFHQ 73: Interview with Mark Podolsky: All About Land Investing appeared first on House Flipping HQ. See acast.com/privacy for privacy and opt-out information.