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Mark Podolsky AKA The Land Geek - Issue #345

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The Land Geek Weekly Digest

October 15 · Issue #345 · View online

A weekly newsletter to help you become a better land investor so you can create passive income without renters, rehabs renovations or rodents. Learn more at www.thelandgeek.com/training


We are going to a new newsletter format T-L-G. Thoughts. Land. Gratitude.
email me your opinions about the change at [email protected]
Thanks for your time and attention and feedback to help me improve!

T- Thoughts
The trouble with being in a rat race is that even if you win the race, you’re still a rat.” ― Lily Tomlin
According to a 2018 Gallup poll study found that, at all levels, nearly 25 percent of employees feel burned out at work very often if not always.
The reasons cited for burnout:
  1. Financial Insecurity
  2. Time poverty
  3. Stalled Progress Toward Personal Priorities
If you’re reading this digest it’s most likely because you’ve solved your money problems, but still feel insecure financially and certainly want to solve your time problems.
No one who starts a land business is ever just in it for more money. They want the passive income to buy them more time.
Nevertheless, I’ve been thinking a lot about financial insecurity lately and how our culture feeds it.
The first issue is the idea of saving money and then investing those savings in the stock market. If you own stocks you may feel wealthy one day and poor the next due to variables completely out of your control. Owning stocks if you’re not an insider in the actual company is a recipe for constantly feeling financially insecure.
The second issue is flipping assets for cash. If you’re selling any asset for cash there’s constant financial insecurity. I know because I did this for years. There’s market insecurity, inventory insecurity and not being tax efficient as well. When you’re flipping assets for cash it’s impossible to create any financial projections as you start over each time you sell that asset. It feels great, but then you have to go out and secure another asset at a great price (you think depending on the market) and find another buyer.
In a hot market, just like the stock market, you get that same market high, but as soon as that market inevitably turns you’re back to scrambling for something else to make as much cash. Plus, most people adapt to that cash flip lifestyle, don’t save appropriately for the inevitable market dips, and are back on the financial insecurity treadmill of life.
The only antidote I know to solving financial insecurity and time poverty is buying stable cash-flowing assets. Whether, it’s real estate, a software business with subscriptions or just buying notes at a discount. You have the cash flow you can project, discount, model out, etc., and go to bed knowing you have acquired enough cash flowing assets that even in a huge dip your monthly expenses are covered.
Do you disagree? Let me know why.
“The moment you make passive income and portfolio income a part of your life, your life will change. Those words will become flesh.” – Robert Kiyosaki
If you have thoughts or more insights you’d like to share with me don’t be shy! Email me at [email protected]
L- Land
This Week on The Art of Passive Income...
On this week’s episode of The Art of Passive Income, Mark and Scott welcome the founder of Great Northwest Home Buyers and Kaizen Properties, and the host of The Real Estate Investing Club, Gabe Petersen to the show.
Episode Notes
Gabe Petersen is the founder of Great Northwest Home Buyers and Kaizen Properties, and the host of The Real Estate Investing Club. He began his career as a management consultant for Fortune 500 companies, but after 7 years of working behind a desk, he called it quits to chase after what he loves the most, communicating directly with people. 
Gabe ventured into real estate investing after buying a broken-down triplex in Tacoma, WA. He proceeded to flip and wholesale homes in the greater Washington area until he found his niche in Self Storage and Mobile Home Parks. 
Gabe later founded Kaizen Properties, after purchasing his first two mobile home parks in Washington state. He now operates nationally buying and repositioning self-storage and mobile home parks across the US. With being equipped with the most advanced degree of experience in many different asset classes and strategies, Gabe decided to share some of his acquired knowledge by starting The Real Estate Investing Club podcast and YouTube show.
Listen in as they discuss:
  • Gabe’s journey into real estate investing
  • Why he chose to invest in mobile homes and RV parks
  • How long does it take to get a deal in mobile home investing
  • How Gabe went from turning an idea into a successful club
  • Recommendations and advice for choosing an asset class as a new investor
And, more!
Start Automating
NEW LGPASS update!  65 cents for first class mail! Try it out now for FREE!
NEW LGPASS update! 65 cents for first class mail! Try it out now for FREE!
Did you know we have 90% of the business automated with only 2 tools? Check them out HERE
In This Week's Round Table...
On this week’s roundtable episode, the Land Geeks discuss being prepared and finding ways to work around problems and changes with marketing platforms.
Episode Notes
Joining Mark this week is:
  • Mike Zaino
  • Scott Bossman
  • Erik Peterson
  • Tate Litchfield
  • Scott Todd
Listen in as they go around the table and discuss strategies and things to do when you’ve encounter changes and problems with the marketing platforms you use in your business. 
TIP OF THE WEEK
Mike: Recently, there’s a TikTok account created by the Landgeek guys and we are putting out free content, it’s another way to help our community.
Mark: I have a tip, I got the new iPhone 13, I had the system updated and there’s this thing called Focus. It is phenomenal. With Focus Mode, I only check my email twice a day. You can focus mode for personal, for work and you can choose which screen is your opening screen. It’s been a game-changer!
Want To Listen More?
Did you enjoy this episode? If you did, check out one of our exciting roundtable episodes where we discuss the best etiquette for social media marketing and prospect handling.
Are you ready to learn more about land investing? Just click HERE to schedule a call.
Isn’t it time to create passive income so you can work where you want when you want, and with whomever you want?
G -Gratitude
We’d like to thank Matt Melton for always tuning in to the Art of Passive Income Podcast and for sharing his success with us.
Land Investing 101 - Land Investing For Beginners And What Makes It Passive Income
Land investing is a simple, low-risk way to build passive income while avoiding the headaches of traditional real estate investing models. Discover how this overlooked and undervalued passive income opportunity works with Land Investing 101.
Land Investing 101 - Land Investing For Beginners And What Makes It Passive Income
Geeky Links!
8 Productivity Apps Every Business Owner Needs - Productivityist
Diana Chapman — How to Get Unstuck, Do “The Work,” Take Radical Responsibility, and Reduce Drama in Your Life (#536) – The Blog of Author Tim Ferriss
Here's How To Be A Full-Time Real Estate Investor | REtipster.com
Get Ready To Take Flight in November... Click below.
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