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Mark Podolsky - Issue #239

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Mark Podolsky

October 3 · Issue #239 · 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.

Where To Begin...
The Land Geek Training - 3 Levels of Growth
Ready to take your first step into land investing but not sure where to begin?
Here is a breakdown of our programs to help you decide your best course of action.
1. Investor’s Toolkit—DIY Foundation Building Program
Everything you need to build a solid foundation to get your land business up and running, all wrapped up in one Do-It-Yourself course.
*Includes two tickets to attend a Bootcamp!
2. Execution—Flight School
A 14-week program with end-to-end instructions for setting up the systems needed to run a profitable land investing business. Designed to make you execute in real time, it’s an ACTIONABLE system that holds you ACCOUNTABLE and is getting SUCCESSFUL RESULTS!
*Includes two tickets to attend a Bootcamp!
3. Accelerated Growth—Coaching
Personalized One-On-One training & mentorship. Implement faster, drive growth, avoid costly mistakes & maximize profits with personalized coaching.
Click Here  to learn more!
Still not sure?
Book a Call with Mike Zaino or Scott Bossman.
This Week on The Art of Passive Income...
Mark Dolfini—The Landlord Coach and author of The Time-Wealthy Investor joins us on The Art of Passive Income to talk about how he created true wealth through time-wealth.
Mark is a veteran of the US Marines who owns several million dollars in real estate properties and has actively managed over $40 million in real estate since starting in the business about 20 years ago. 
His philosophy is, True wealth is not the simple accumulation of personal wealth. The pinnacle of wealth is time-wealth, and the ability to control your calendar.
After four years in the Marine Corp, Mark decided to follow an entrepreneurial path. He was accepted into Purdue University where he got a degree in accounting and a minor in finance.
His real interest was in real estate though so he started buying rentals after that first year and by the end of his fourth year, Mark had acquired a dozen rental units which amounted to about half a million dollars and he says that’s where his real education began. 
On today’s show, Mark talks about one of the biggest mistake he made as an investor and that was he did not treat real estate investing as a business, instead he tried to do it all himself. 
Mark talks about the life-changing breaking point that came in 2008. With 92 rental units, $65,000 a month in revenue coming in and working 17 hours a day to keep afloat… he found himself in the hospital and nearly lost his life.
Listen in as we also delve into: 
  • Mark’s transition going from being self employed to business owner 
  • Determining what your time is worth
  • His role in his business today
Plus, Mark breaks down his VIP paradigm concept—Vision, Infrastructure, Process, and how it helps investors get their businesses on track!
TheLandGeek.com/GeekPay
In This Week's Round Table...
We see and hear a lot of misconceptions about the land business, especially when it comes to giving advice to those who are just starting out, but what is some of the worst advice we have seen? 
Listen in as Mimi Schmidt takes over the helm and leads the team this week into a discussion that will shed some light on some of the worst advice they have seen given, including:
  • You need a website to get started
  • Parcels have to be a minimum of 10 acres
Plus, advice that you give to yourself—You’ve seen the success of others, but you just want to try it on your own first for your own proof of concept.
Find out why the team says this is all bad advice and what you need to be considering instead. 
Scott also mentions a couple other things that really makes him cringe.
  • Setting up land “buying” websites
  • In order to find a good area, mail to one area in large volumes over an extended period of time
Don’t Be Afraid to Come to Bootcamp - There is No Wrong Time
Another misconception that Scott often hears surrounds Bootcamp and the investor level you need to be at before attending. Bootcamp is for everybody at any level of the business. From complete newbie to seasoned pro, you will always walk away with something new for your business.
Bootcamp gives you what you need, when you need it.
The Bottom Line
There is a lot of great advice out there also, but we just want to make sure you’re going into this business armed with the right information so take advice from someone you know has been doing the business for a long time.
This model is easy if you follow the recipe. Don’t try to complicate it by following bad advice, it may set you up for a lot of frustration and frustration can lead to burnout.
How Much Money Do You Need To Get Started?
FAQ 2 - How Much Money Do I Need To Get Started?
I have put together a series of videos with your FAQ’s that will be rolling out in the upcoming weeks. In this series I took your questions even one step further. Once you watch the FAQ video above, you can follow up with the SAQ by clicking the link below.
Geeky Links!
Use These 33 Google Search Tricks to Find Exactly What You're Looking For
Break Your Inner Horse - The 10X Entrepreneur - Medium
Texting—One Small Step For Friends, One Giant Leap For Business
Take Total Control Of Your Finances
You can also learn more by listening in to The Art of Passive Income podcast:
Find out:
  • Everything you need to know about starting up an eQRP
  • GREAT estate planning strategy tips
  • What makes this different than buying and trading on Wall Street
  • How much you can put in your eQRP a year
And, in case you missed the Nite Cap episode that featured Damion Lupo, you can —> LISTEN IN HERE <— to learn all about QRP’s and how you can fund your land business with a Qualified Retirement Plan and pay ZERO tax on land and other investments!
Isn’t it time you took total control of your money?
Join me as I talk land investing with Dave Dubeau over on the Property Profit$ Real Estate Podcast!
What you will learn in this episode:
  • How to turn raw land into monthly passive income
  • How to overcome the hurdles
  • The art of engineering geeky systems that create, grow, and protect your cash flow
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