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Mark Podolsky - Issue #244

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Mark Podolsky

November 7 · Issue #244 · 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...
Tamar Mar, founder of The Marota Group—a company that focuses on the acquisition of underperforming multifamily and commercial properties, joins us today to give tips and advice on breaking into the competitive niche of multifamily syndication.
But first, a little more about Tamar…
She has been investing in real estate since she was 19, purchasing her first townhouse when she was a sophomore in college. She has also owned rental properties for more than 15 years.
She is an entrepreneur, investor and proponent of intentional lifestyle design. Tamar often says that she is the CEO of her dreams and consistently focuses on ways to maximize business opportunities and generates enough passive income to be financially free and curate the lifestyle she and her family desires.
Listen in as Tamar tells us why she chose this niche above all in real estate.
Then, Scott Todd, who has made his interest in multifamily known, picks her brain to pull out as much information as he can on finding deals and breaking into this competitive niche. It comes down to:
  • Confidence
  • Communication
  • Relationship building
Tamar also talks about team building and her advice on taking advice—never take it from one person and completely trust it, even a leader in the space. Validate it through many sources.
“If everybody is helping each other, there’s no room for others to fail.”
Tamar is not the type of person to sit back and let life happen to her. She is all about taking action, and action backed with tenacity, confidence, and expertise is proving that she is in this business for one reason… to own it!
In This Week's Round Table...
Does the saying, “if a little of something is good, then a lot of something is great’’ hold true when it comes to mailing out offer letters?
Listen in to this week’s Round Table discussion as Mark and the team tackle the subject of mass mailings.
Joining Mark are:
  • Scott Bossman
  • Erik Peterson
  • Mimi Schmidt
  • Mike Zaino
  • Scott Todd
When it comes to mailing, are you the hare… anything worth doing is worth overdoing? Or, are you the tortoise… slow and steady wins the race?
We see it often, people come into this business with so much excitement and motivation that they want to 10x it right out of the gate, and that exuberance is great, but is it a good idea when it comes to mailing out offers?
After all, if 20 a day moves the needle, 1000 a week would be 10x better, right?
The consensus of the team is NO, not when you are first starting out. Their advice is to take it slow and steady, and for a number of reasons, including:
  • Bad lists
  • Wrong pricing
  • Don’t have the systems to handle the volume
Team Land Geek goes into detail about the things that can go wrong when starting off so strong on the mailing and when the timing is right to take on that kind of volume.
Mark makes the analogy using a workout with Mike Zaino & Scott Bossman, if you start out trying to match them on day one, somebody is going to get hurt… and it’s not going to be either of them!
The team also gets into response & close rates and where you should expect them to be with a mailing.
Then, where in the world were Mark & Scott B. last week? The team confronts Mark… will there be a confession?
Plus, what has Mark saying, “It’s game on now. You’re going to be eating your words in the next podcast".
The Reviews Are In
Listen in to hear what Andrea Miller had to say about her first ever Bootcamp experience!
Geeky Links!
Productive Procrastination: How to Get Things Done by Putting Off Other Things
The Only Thing You Have To Do Before 9 A.M. - P.S. I Love You
Introducing Streak + Slack - Streak
Join me as I talk business with Sarah Larbi on Where Should I Invest? The podcast for real estate investing!
Sarah and I discuss:
  • Ins and outs of tax deed deals
  • Raw land market insights, investing and its challenges
  • Concepts of the tax deed auctions investing model
  • The raw land buying process and financials
And, more!
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