How Mike Balcom Makes (Almost) $1M / Year Flipping Land (While Traveling Around The World With No Cell Service)

Action Academy | Replace The Job You Hate With A Life You Love

Brian Luebben

Corporate, Careers, Business, Financial Freedom, Small Business, Entrepreneurship, Biggerpockets, Investing, Millionaire, Real Estate, Passive Income, Alex Hormozi, Commercial Real Estate

5 • 683 Ratings

🗓️ 3 October 2024

⏱️ 51 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today's episode is a systems and process show covering how Mike Balcom built his land flipping business up to operate without him while he travels! Want To Quit Your Job In The Next 6-18 Months Through Buying Commercial Real Estate & Small Businesses? 👔🏝️ Schedule A Free 15 Minute Coaching Call With Our Team Here To Get "Unstuck" Want to know which investment strategy is best for you? Take our Free Asset-Selection Quiz Check Out Our Bestselling Book : From Passive To Passionate: How To...

Transcript

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0:00.0	What's up, guys? Welcome back to another episode of the Action Academy podcast, Corporate America's
0:04.9	least favorite podcast. This is the show that helps you replace corporate with cash flow through buying
0:09.6	small businesses and big old commercial real estate deals. Now, for anybody that's been following
0:14.0	the show for a while, you guys know that land flipping has overtaken our Action Academy community
0:20.7	and our podcast. We've got not one, not two,
0:24.4	but about half of the freaking people flipping land in our group are making over $400,000, $500,000
0:29.8	in profit within their first year. And because of that, I believe we've had about five or six
0:35.5	Action Academy members quit their jobs through building
0:37.9	land flipping businesses. For those that are new to the podcast, my name is Brian Lubin. I left a six-figure
0:42.8	corporate sales job in March of 2022 to travel full-time around the world and build my own business,
0:47.5	which is the Action Academy community that we're talking about. Our business model is simple.
0:52.4	We give you all the information you could eat on the podcast for free and we implement it within the community. And today's guest is a systems and
0:59.6	process expert that has been helping a lot of our land guys build and systematize their
1:04.1	businesses, build out teams so that the businesses truly run without them. Mike Balcom is our guest today, and not only does he share
1:12.7	how he flips raw land, literally he buys land off market, puts it on the MLS, lists it, sells it for
1:19.5	huge amounts of profit, but how he built his team to be able to operate this while he travels
1:24.4	around the world. He's going to India. He's going to Africa and the business
1:27.9	operates in the background without him. So guys, I hope you enjoyed today's show. And if you're
1:32.5	interested in learning how to do this yourself, we have our Action Academy community that you
1:36.2	can go in the show description, click the link, book a call. We're happy to speak with you for
1:39.4	15 minutes and see if it's a fit. Let's get to it. All right, all right. Mike Balcom, how are you doing my friend?
1:48.5	I am doing great. How are you doing today, Brian?
	...

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