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The Art of Passive Income

Moving Past The Newbie Freeze To Execute With Confidence

The Art of Passive Income

Mark Podolsky

Howtobecomearealestateinvestor, Taxlieninvesting, How To, Entrepreneurship, Bestwaytostartinvestinginrealestate, Education, Passiveincome, Bestwaytoinvestinrealestate, Taxlienproperties, Taxliensales, Howtomakemoneyinrealestate, Taxlienpropertiesforsale, Passiverealestateincome, Makingmoneyfromrealestate, Bestrealestateinvestments, Howtobuytaxlienproperties, Business, Realestate, Propertytaxliens, Startingarealestatebusiness, Investing

5681 Ratings

🗓️ 3 April 2018

⏱️ 48 minutes

🧾️ Download transcript

Summary

In today’s episode of The Art of Passive Income—Round Table edition, Mark is joined by: Jeannie Morem Erik Peterson Tate Litchfield Mike Zaino Scott Todd We start this week off critiquing Scott Bossman and Mike Zaino’s new live show in the Mastermind Group, Nite Cap—a casual get together with drinks of choice to talk land with the community and with each other. Everyone agrees it’s the perfect balance between value and fun! Then Erik shares an interesting situation, one that no one has run across yet. He received a Chapter 7 notice in the mail about someone who is buying property from him. The letter states that they are putting a stay on collecting any debts. What does that mean for Erik? Does it even apply to this business since we’re not creditors? Or does it mean that since it’s wrapped up in BK court, Erik can’t take the property away from him if he quits paying? Everyone weighs in. Next, Tate shares the story of The Sic Flip! This week he was on a coaching call with a student when that student and his partner received an 11k wire transfer for a property they were buying under contract for 1k. That opened up the discussion: How did they make this happen? It comes down to the county research. Know ahead of time where you’re buying and what people want They figured out what properties were going for on the high-end and who was buying them They contacted their mailing list VIPs who may be interested, via phone Listen in as we delve deep into the details and county research. Plus, what does it take to move past the FREEZE when you’re unsure of what you’re doing and you’re afraid to execute? Find out now...   TIP OF THE WEEK Mike: “Eat your drink and drink your food.” You just have to attack the difficult parts of our business. Shoot first; aim later. And then there are smaller pieces that we overlook and take for granted but maybe that requires more in-depth analysis. Done is better than perfect. Just take action. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

Transcript

Click on a timestamp to play from that location

0:00.0

Do you have solo economic dependency?

0:03.2

That is, if you aren't working, you aren't making money.

0:06.6

The art of passive income podcast is the solution.

0:10.3

Discover passive income models so you can enjoy life on your own terms.

0:15.2

Let freedom ring.

0:17.5

Hey, it's Mark Poliske to Land Geek,

0:19.8

with their favorite niche real estate website,

0:21.8

www.w.w.com.

0:25.1

And I always love the Roundtable podcast.

0:28.2

It's just, it's just great to see everyone's smiling face.

0:31.9

And of course, Jeannie Morum is back.

0:34.6

Jeannie, how are you?

0:35.9

Doing fantastic.

0:37.1

Thank you. It's so nice to you? Doing fantastic. Thank you.

0:38.2

It's so nice to have some estrogen on the round table.

0:42.0

I got a lot of it.

0:43.9

Consistently.

0:44.9

Exactly.

0:46.3

So that's, yeah, so thank you so much for coming back.

0:51.6

I am not as excited to tell you that Eric Peterson is back on a podcast.

0:57.9

Jeez.

0:59.9

See how that team Scott thing just continues.

...

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