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The Side Hustle Show

169: The Best Passive Income Model: Raw Land Investing Update (Part 2)

The Side Hustle Show

Nick Loper

Business, Education, Entrepreneurship, How To

4.71.6K Ratings

🗓️ 15 April 2016

⏱️ 21 minutes

🧾️ Download transcript

Summary

This is the second in what will (at least) be a 2-part series on side hustlers earning income from their land investment endeavors. In this special Friday edition of the show, I'm joined by Chris Pritchard. Chris is a software developer by day, but has built his land investing business up to $1500/mo in recurring revenue. In addition, Chris does the occasional cash flip and also has more than $70,000 worth of land payments under contract. Not bad for a year of dedicated focus and effort!

Full Show Notes and PDF Highlight Reel: The Best Passive Income Model: Raw Land INvesting Update (Part 2)

Transcript

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0:00.0

Side Hustle Show 169. It's the best passive income model, an update from a listener who took action part two.

0:06.0

Welcome to the Side Hustle Show, where aspiring part-time entrepreneurs learn how to turn their side hustle dreams into reality.

0:15.0

Because your 9-to-5 may make you a living, but your 5-9 makes you alive.

0:20.0

And now your host, Nick Loper.

0:24.0

What's up, Nick Loper,

0:28.0

What's up, Nick Loper here? Welcome to the Sci-Hoster show

0:30.0

It's all about ideas, action, and results of building job-free income streams.

0:34.0

Today's episode is part two of what at the moment is a two-part series on listeners who took

0:39.5

action on one particular episode he heard last year.

0:43.3

So yesterday in episode 168,

0:45.1

we heard from Josh Brooks, the Army Battalion Commander

0:48.3

who'd actually been investing in real estate

0:50.3

for quite a while, but accelerated his efforts after hearing the land geek.

0:54.5

Mark Podolsky on the Side Hustle show last year.

0:58.2

Mark was on episode 108 and he says raw land investing is the best passive income model because there are no products to build

1:06.1

There are no tenants to deal with no toilets to repair and you can start without a big up front investment

1:12.8

So if you missed that episode and you want to go revisit it,

1:15.5

you can do so at sign hustle nation.com slash land.

1:19.4

And in this special Friday edition of the show,

1:22.4

I'm joined by another Rawland investor, Chris Pritchard.

1:27.0

Chris actually became a student of Marks after hearing that conversation last year.

1:32.0

And today, Chris is earning $1, bucks a month in recurring revenue from his land deals

...

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