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Mark Podolsky - Issue #255

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Mark Podolsky

January 23 · Issue #255 · 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.

There Is Still Time To Register!
The next Flight School training starts on February 26th!
This Week on The Art of Passive Income...
With maintenance costs eating up his rental profits, our guest started looking for new ways to generate enough side income to cover the monthly mortgage on his apartment buildings… and he found them!
Al Williamson—LeadingLandlord.com, is a former civil engineer and the author of Building Wealth With Inner City Rentals: Success the Catalytic Landlord Way. And today, he joins us to talk about the ancillary cash flow opportunities in property rentals.
Al spent years doing the research, packaged all his ideas up and put them into a book called 40 Ways To Increase The Net Income of Your Rental Property.
On today’s show, Al explains how the short/long term rental business works and shows us some creative ways to earn extra money on your rentals every month.
With years of testing, Al has concluded that furnished rentals set the stage for all these other income streams, earning about 30% above market. Listen in as Al delves into the details of this strategy and how it compares with corporate extended-stays. Plus, we dive into:
  • Other ways to bring in extra money
  • Rental arbitrage & the risks
  • Worst advice Al has seen given
  • Airbnbs and more!
Also, find out the details behind the incentives he offers to his long-term tenants… it’s a win win situation for all.
Al proves that he is not your traditional landlord, he has taken an old strategy and put a unique spin on it by constructing the perfect formula of cash flow options, which covers the mortgage on his units without using the rent!
Al has generously offered to give one of the Art of Passive Income listeners his book, 40 Ways to Increase the Net Income of your Rental Property. Check out The Motivation & Wealth Creation Group for details!
In This Week's Round Table...
We have a fun and interesting topic for you on this week’s Round Table discussion. The team is going to give an evaluation of each others superpowers that they think propelled them to success.
Joining Mark for this fun exercise are:
  • Scott Bossman
  • Mimi Scmidt
  • Erik Peterson
  • Mike Zaino
  • Scott Todd
But first, the team shares their favorite Bootcamp moments…
Scott Bossman—Meeting the people he’s been talking to on the phone
Erik—Seeing everyone in person and the St. Anthony hotel
Mimi—Meeting everyone
Mike—Seeing the success
Scott Todd—Meeting flight students face to face and hearing their success
Mark—Seeing the success around the room and how many lives he’s he impacted. Mark also gets complete gratification when all questions have been answered!
What rituals or superpowers do we think helped propel our colleagues into success?
Scott Todd on Mimi—She slowly and methodically built her business. Went to every Bootcamp and used the opportunity during the open sessions to work on her business to get out of working in her business.
Mimi on Erik—Erik developed a niche within technology to create processes.
Erik on Mark—Mark saw the opportunity in land and ran with it. Eventually he decided to share it with the rest of the world, taking it from opportunity to community!
Mike on Scott Bossman—The master of getting things done. He believed in the model and carved the time to make it happen.
Mark on Scott Todd—There are two components that are Scott Todd’s superpowers:
  1. infrastructure building—He is very good at building a good laser focused team to avoid bottlenecks
  2. He is the master of execution—He doesn’t put off what needs to be done and gets it done quickly and efficiently
Scott Bossman on Mike—He is the king of rituals. The first year his goal was to erase debt so his repetition was to mail and market. He stayed the course and he got it done!
Did everyone agree these were fair and accurate evaluations?
Listen in for more details and to find out everyone ‘s thoughts on how they are perceived by their colleagues.
Also, Mike gives everyone a spirit animal and why it symbolizes them.
Scott Bossman—Buffalo. Endurance to overcome, great emotional courage and provider to all.
Mimi—Armadillo. Slow, sure of yourself, in no hurry, keeper of the house
Erik—Elk. Teaches that pacing yourself will increase your stamina
Tate—Butterfly. Outer transformation, and the ability to know and change the mind
Scott Todd—Eagle. Creator, teacher, loyalty, integrity, and a spiritual connection to the great divine
Mark—Mtn lion. The power of leadership and ability to lead without insisting others follow
Comment in the group to let us know which animal you think represents Mike.
Geeky Links!
HOW I MADE MY FIRST $1000 - James Altucher - Medium
How Airbnb drives users’ actions with their landing page design — a UX analysis
Press Play: The Trello Tutorial Video Series Is Here
It's A Game Changer...
Armaan, who started out with The Investor’s Toolkit after reading Dirt Rich, talks about how he was able to quit his job after a year to focus on his land business!
Congratulations Armaan!
They're Back...
The Land Geek Spotlight
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