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Mark Podolsky - Issue #252

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Mark Podolsky

January 2 · Issue #252 · 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.

Land Investing—It Just Makes Sense!
Ready to start building passive income in 2020?
If you’re anything like me, you can get overwhelmed at the “menu” of different methods you can choose to make extra cash and build passive income.
Information isn’t just abundant in our world - it’s excessive.
And marketers have more ways than ever to reach you cheaply and easily. Which in turn makes it easy for all of them to compete for your commitment.
How do you choose where to commit your energy and focus?
There’s not a simple answer, but I think it starts with asking yourself “Does this method make good sense to me?”
Next, I think you need to ask “Does the person teaching this method connect with me?”
If the land investing model I teach makes sense to you, and if you connect with me and my way of teaching and doing business let’s make a plan for 2020 together!
What do The Land Geek courses offer?
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.
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 with SUCCESSFUL RESULTS!
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 or BOOK A CALL with Mike Zaino or Scott Bossman and start building your passive income today!
This Week on The Art of Passive Income...
Today’s guest has a really intriguing niche, in fact, it leaves both Mark & Scott with that shiny object twinkle in their eyes. 
Brad Smotherman joins the guys to talk about his unique niche within the niche of house flipping. Brad is a professional house flipper but the way that he sells houses is very unique and as Mark says, very cool.
What makes Brad’s strategy so unique from the typical house flipper?
After doing some fix and flips, Brad soon realized that there was no money there and that the real money was in the financing, so he became the bank. Brad gets the property under contract, buys it with equity and sells it with owner financing, creating a wrap note. 
Listen in as Brad walks us through an average deal, along with:
  • The passive income on an average note
  • Finding the houses and the buyers
  • The types of properties he buys
  • Working in multiple states
  • Foreclosures
Another perk to Brad’s strategy is there are no repairs to deal with! 
What about the Dodd Frank act? 
Dodd Frank is a banking regulatory act, part of which  clamps down on owner financing, but Brad says it’s not a concern in his strategy and explains why.
He also give us the details of a buyer’s pool that is vast with very few players in it… and so much more in today’s episode of The Art of Passive Income!
In This Week's Round Table...
We are more often frightened than hurt; and we suffer more from imagination than from reality. -Lucius Annaeus Seneca
There is always some level of fear when it comes to scaling your land business—whether it’s spending the money, losing control, or putting your trust into the integrity of others, the fear of the unknown can be debilitating. So how do you get over those fears in order to grow?
Joining Mark this week are:
  • Scott Bossman 
  • Mimi Schmidt
  • Tate Litchfield
  • Scott Todd
Listen in as the team talks about their biggest fears in the beginning, which include, in short:
Mimi had a fear of making mistakes that resulted in losing money and how it would reflect on her family. She was able to move forward by taking little steps and working through it. But it’s something she still struggles with today.
I feel a lot of anxiety and I might take the steps and work through it ,then realize it wasn’t a big deal afterwards.” -Mimi 
Scott Bossman had a fear of outsourcing because he felt the quality of work would suffer. And like Mimi, he finds that moving forward is the only way to get over that fear and explains it will get easier the more you do it.
“One of the reasons we do this business is for money but a major reason is for time. So you need to approach your business in that regard. You need to hire people that are going to save you time and scale your time, and it all starts with that first one. So if you’re on the fence you need to just do it. Take the most mundane tasks, the thing that’s mundane but painful and costing you a lot of time. Then create one training video and get a couple of people on it and your life is going to become that much easier and then you just continue down the chain.
Tate brings up a fear he sees often and that the fear of success and not being able to keep up with productive VA’s.
You don’t have to be an expert at anything except hiring expert VA’s.” -Tate
Scott Todd’s fear, of all things numbers, almost sent him running in the beginning. He reverse engineered his passive income goal and the results made him sick. But once he started taking other factors into consideration he realized it can become self-funding if you start asking different questions. 
You can’t financial model this business the way that you think you can and ultimately that was my biggest struggle, getting my brain around the fact that I don’t need a ton of money to do this business.” -Scott Todd
Then, Mark talks about how he fought scaling, tooth and nail, until an upsetting conversation he had with a mentor. It was the pivotal moment that ultimately helped him overcome his superhero syndrome. 
Find out what Mark’s mentor said to him, the questions that turned the tables for Scott, and the full details of the teams fears and how they deal with them on today’s episode of The Land Geek Round Table!
The temporary pain of going through the process of hiring somebody, training them and getting them going is temporary, but the time that you save now is permanent. Then the passive income that you continue to grow is permanent. But you do have to go through that initial piece of being uncomfortable, being anxious, exerting some energy and some forethought into doing this, but it’s a one time process and boy does that scale.” -Mark
Geeky Links!
The Guide to Successful Silent Videos for Facebook Video Ads (+ Examples)
Social Media Marketing Tricks You May Not Have Thought About
Wait, is dark mode actually bad for productivity?
Geeking Out on Real Estate With Mark Podolsky
Tune in as I get all geeky about land investing on The Real Estate Investing Experience!
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