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The Art of Passive Income

The Best of Round Table—Building A Solid Foundation For Land Success

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

🗓️ 7 August 2018

⏱️ 41 minutes

🧾️ Download transcript

Summary

In this week’s Round Table podcast—The Best Of series, we go over the elements that make a successful land business. The basis for land investing is simple, you BUY land, you MARKET land, you SELL land. A simple model that when backed with hard work and grit lays a solid foundation to support the systems!  In this final installment of the Best Of series, we are putting all of the focus on buying, selling, and marketing—The fundamental elements of a successful business, including the county research and why it’s important to do this task yourself. “I don’t think County research ever ends. I think you always are researching and part of being a good investor is keeping an eye on what’s going on in the industry and in the market. If all of a sudden we start to see a shift or a huge demand in a new area, before I go and dump a bunch of money there I'm going to know what my research tells me.” -Tate Also, when should you outsource sales? Sales are a huge suck factor for a lot of people and are something they want to get that off their plate right away. But is it a good idea to outsource that first? Listen in as we go deep into the foundational steps to building a solid business! 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.

0:17.3

Hey, it's Mark Moodlegged andgique, their favorite niche real estate website, www.

0:21.6

www.

0:22.6

The Landggeek.com.

0:24.6

And today's going to be a special podcast.

0:26.6

We're actually going to mix it up a bit and provide all of you Land Geekers a taste of the best of the best segments of our round table podcast,

0:39.3

which have been immensely popular.

0:41.5

So sit back with a latte or espresso or an americano or some kind of caffeinated drink.

0:47.4

It would be a good coffee like me and enjoy the best of the best of our roundtable segments.

0:55.1

All right. So the panel, let's talk about, uh, off like, you know, Scott,

1:02.0

tell the story about an offer.

1:03.5

And this we see a lot, by the way, uh, with, with sending out offers, you know,

1:08.1

and kind of prejudging them.

1:09.9

So I'm looking at an offer. Like,

1:11.6

I'm looking at like this list. And on this list, it shows me how much they bought the property

1:17.5

for, right? So I'm looking at this property mark where the person bought the property here for

1:24.5

$80,000. Okay. Now, they bought it some time ago and uh they probably overpaid is in

1:33.0

the peak and but it's on there it shows me it's 80,000 dollars is what they paid and I'm about to

...

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