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The Art of Passive Income

The Best of Round Table –How Much Capital Do You Need To Start Land Investing?

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

🗓️ 28 July 2020

⏱️ 52 minutes

🧾️ Download transcript

Summary

On this week’s Best of Round Table episode, the Land Geeks revisit one of the best Round Table discussions where answers were given to the question that is frequently asked by many who wants to get started in the land business.

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 and for this week's roundtable discussion, the best of, I'm always

0:25.3

really just so impressed by the collective intelligence of our community. But, you know, it's one of

0:34.5

those things that no matter how bright you are, how accomplished you are,

0:40.7

there's always a little bit of that fear about risk aversion and, you know, how much money

0:47.1

do I need to get started? And there's like that, that, you know, that little lizard brain fear that,

0:53.0

man, I don't want to lose my money. And if I'm going to

0:54.9

lose all my money, how much money do you think I need to start with? Well, first of all, I've done

0:58.7

this over 5,500 times. And it's kind of crazy to say, I've never lost money on a deal. Because when

1:03.8

you're buying an asset, 25, 30 cents on the dollar, there's someone else on the other side of that deal. Plus, there is a lust for raw land in this

1:12.7

country. And just because I may not want to, you know, buy that raw land, there is a pig for

1:19.5

every barn. I've never been stuck with a piece of property. But re-listen to this episode,

1:25.0

because it really reiterates how much money you need to get started

1:30.1

in land investing.

1:31.6

And this has been one of the best roundtable discussions we've had.

1:35.3

And it's one of those things that continually comes up.

1:38.1

So even if you've heard it once, listen to it again, listen to it a third time.

1:42.5

And you'll probably pick up a little nugget here and there.

1:46.1

Anyways, if you're speaking of nuggets, look, go to the landgeek.com forward slash boot camp.

1:51.4

Better register.

1:52.9

The virtual boot camp is coming.

...

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