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Mark Podolsky - Issue #181

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Mark Podolsky

August 23 · Issue #181 · View online
Mark Podolsky (AKA The Land Geek), successful land investor, land investing coach and creator of the popular Land Geek Podcast and Best Passive Income Model Podcast argues he has the best model for investing in real estate. Discover why Land Investing is "The Ultimate Subscription Model" (no physical inventory, a one-time sale, recurring revenue, a built-in incentive for the buyer to continue paying, and low competition). Learn about strategies, skills and helpful tips that will help you grow your Passive Income through Land Investing. Learn more at http://www.thelandgeek.com.

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This Week on The Art of Passive Income...
Mark and Scott talk with Tim Rhode of 1LifeFullyLived.org—a non-profit organization that helps empower people of all ages to Dream, Plan, and Live their best life possible.
At age 25, Tim worked 16 hours a day as a grocery clerk and painting addresses on curbs to buy diapers for his two small children. Then, he found his niche in real estate, averaging 18 homes a month for the next 18 years.
Skip ahead to age 40, he’s made millions through real estate and is financially free so now he asks himself, “what’s next?
Tim explains that he was able to create his own magnificent future so he decided to make it his mission to take as many with him as possible.
Join us as we dig deep into what it takes to live life fully, starting with a roadmap to get to your core by asking yourself these questions: “who am I? What’s my dream? What’s my plan? Where I’m I going with all this and who do I want to share it with?
Tim on success—Tim prefers the word fulfillment, success with depth. He believes that success is too shallow and there are many components in the balance wheel other than career, money, and finances that you need to work on to have a fulfilled life.
Success may not always be as it appears. Financially, you may be successful… you have the big house, a cushy bank account, high-end cars but it’s all very superficial. When “success” costs you in other areas of your life, you’re not living a fulfilled life.
Tim’s advice to teens and young adults—question everything and know your financial ABCs.
  • A-what’s coming in from all income sources
  • B-what it costs a month to live on
  • C-what’s left to invest and how I’m I going to invest wisely
Listen in as Tim shares a lot of great advice, inspiration, and motivation. Plus, find out what horizontal and vertical income is, and why you should be investing in horizontal income.
In This Week's Round Table...
Mark is joined by:
  • Tate Litchfield
  • Erik Peterson
  • Aaron Williams
  • Mimi Schmidt
  • Mike Zaino
  • Scott Todd
There has been a lot of talk lately about an impending recession. We are in the longest real estate recovery in history, but is another one inevitable? Most likely, the question is, when?
With the last one, 45 to 50% of my note portfolio went away because it was between groceries and their land note and they chose groceries. However, it didn’t take long to get those properties back on the market and extend my ROI. So, I think ultimately we’re really well positioned. We are in the right niche for whatever the economy’s doing. Because when there’s a recession if we are positioned correctly it’s easy to buy, right? We can buy a lot easier if people are going to get washed out and then it might take a little bit longer to sell but we can make it irresistible like a car payment. People are always going to want assets. They’re always going to want that good deal.
Now if we’re in the market where, let’s say, there’s irrational exuberance people who are flushed with cash. They’re spending like crazy. We also benefit from that because there might be a little tougher to buy in those markets but it’s super easy to sell. The nice thing about our niche is that we can see it sooner because housing and commercial get hit first and then we can start preparing and sort of battening down the hatches. -Mark
It is a perpetual cycle that looms over us and sooner or later it will happen, you can’t predict when but you can watch for the signs and prepare.
Everyone shares:
  • How they were affected by the last one in 2008
  • Precursors to watch for
  • How to prepare so we are sitting pretty when it rears its ugly head
Also, find out everyone’s thoughts on the impact it will have on the land business.
The last topic up for discussion is PROCRASTINATION. We all do it, it’s very natural. The reason we procrastinate is because we are avoiding some type of mental pain. But, how do you get over that mental block?
When you’re procrastinating from something you know you’re probably going down the path that ultimately you should be going down. It’s a clue that, hey, here’s some work that you should be doing. -Scott
Everyone shares how they tackle procrastination, a few ways mentioned are:
  • Outsourcing the things you can
  • Theming
  • Have a daily game plan
Celebrating Student Success!
Listen in as Billy shares how he replaced his income and was able to quit his J.O.B. and now works from home!
Congratulations Billy, we give you a Geeky round of applause!
We have THE BEST community and we love your stories. We want to regularly feature student stories on the blog…but we need to dig deeper than just testimonial videos.
We would like to hear:
  • What is your why?
  • How are you getting there?
  • How has land helped you?
If you’d like to be featured, please send us a short paragraph about you…why you chose land and how you’re doing.
Geeky Links!
Integrate Dialogflow (Api.ai) Bot into Website – Chatbots Life Integrate Dialogflow (Api.ai) Bot into Website – Chatbots Life
The 10 Best Online Marketing Strategies to Make You a Unicorn
Time Management is a Myth – The 10X Entrepreneur – Medium
Can You Picture Yourself Here?
Open meadows along the front and nice tree coverage along the back. The owners placed a roughed in driveway with culverts up to the perfect build site or flat camping spot. The site sits back in an open area and is surrounded by trees. 
CLICK HERE for more details!
Ready To Outsource?
We’ve heard you…it’s hard to find a good VA, it’s hard to train a new VA, it’s hard to keep track when you have several virtual assistants all over the world. So let us do the hard work for you.
Our virtual assistants are trained so they understand the land business and can help you scale YOUR business.
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*Available for Flight School and Coaching Students only at this time.
20 A Day Moves The Needle!
Mailing and marketing are the two most important elements in this business… they are what brings you the money!
Have you got your 100 out this week?
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