Here Are The Reasons Why We've Passed On A Property Before

The Art of Passive Income

Mark Podolsky

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5 • 681 Ratings

🗓️ 11 May 2021

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

On this week’s round table episode, the Land Geeks share their reasons for passing on a property and more.

Transcript

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0:00.0	Do you have solo economic dependency? That is, if you aren't working, you aren't making money.
0:06.6	The art of passive income podcast is the solution. Discover passive income models so you can
0:12.9	enjoy life on your own terms. Let freedom ring. Hey, it's Mark Podolsky, The Land Geek,
0:19.4	with their favorite niche real estate website,
0:21.8	TheLandgeek.com.
0:23.1	And now this week's roundtable, we have almost all the usual suspects, except for the technician, Eric Peterson.
0:28.8	Tate Litchfield, you've got a pretentious, hard stop.
0:32.4	We are going to skip the pleasantries.
0:34.2	Hello, everyone.
0:35.4	It's great to see everybody.
0:38.8	Scott Bossman, Tate Litchfield, Trea Harris, Scott Todd, Mike Zano. Great that you're all on the roundtable.
0:45.3	If you don't know who we are, go to the previous podcast to hear a proper introduction.
0:50.9	But we've got a really interesting topic. What are the reasons you pass on a property
0:56.2	instead of buying, even if title is clear? So title is clear. There's no issues of the chain of
1:02.6	title. There's no liens or encumbrances. How often do you buy a property that has some kind of, you know,
1:10.4	what's the state? It's got hair on the deal, the what's to say it's got hair on the deal,
1:12.6	the investment banking term.
1:14.1	There's got hair on the deal.
1:15.4	How oftentimes do you buy it, but you can't sell it?
1:19.2	Mike Zano, I know you love going first.
1:22.7	Why should we stop the tradition?
1:26.2	What are the reasons you would pass on a property and have you ever
	...

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