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Mark Podolsky - Issue #257

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Mark Podolsky

February 6 · Issue #257 · 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.

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 book a call with Mike Zaino or Scott Bossman!
This Week on The Art of Passive Income...
Our guest today is Dave Dubeau. Dave is a marketer and real estate entrepreneur and he has a 5-step solution to attract investors and raise capital so you can get the deal done!
In 2010, Dave seller-financed rent-to-owns but hit a wall when he ran out of cash and credit with the perfect tenant/buyer ready to go. He found the adage, “find a good deal and the money will find you” was not true in the case for him. After several failed attempts to raise the capital, he ultimately lost out on the deal and told himself he was not going to let that happen again.
Join us today, as Dave hands us an umbrella and shows us how to prepare before you actually need the money by warming up your sphere of influence with these five steps:
  • Build a target list of prospective investors from your contact list
  • Reconnect with people on a personal level before talking business
  • The transition message from personal to business
  • Constant, consistent, communication
  • Be seen as an authority
Dave dives deep into each process and how to prepare so you can go into every deal with the money already lined up. Then, find of which of those steps Scott challenged him on and so much more on this episode of The Art of Passive Income!
*It’s important that you know and understand your local state security and federal security regulations.
In This Week's Round Table...
In today’s show, Team Land Geek answers the often asked question, how much money do I need to get started in this business?
Joining Mark this week are:
  • Scott Bossman
  • Mike Zaino
  • Mimi Schmidt
  • Erik Peterson
  • Tate Litchfield
  • Scott Todd
So, how much money do you need to get started and, there’s a second part question, when should you start raising capital?
With answers ranging between 500-5,000, the team dives into their own beginnings and how much capital they started with and when it was time to raise more money.
All agree that you can start with too much capital but with all the options and creative ways available to purchase property today, you can start with little to no money to buy property and the only money you really need up front is for the mailings.
Listen in to find out that hard number Mark pressed the team for in order to get started, along with:
  • How many weeks for mailing you should have enough money for
  • Different options for buying land at little to no cost
  • How too much capital can hurt you in the long run
  • Should you factor in education
Knowing what you’re doing will not only give you that confidence to keep buying land, but it will teach you what to look for and what makes a good county. -Tate
Then, with all the talk about the many purchasing opportunities available today for land investors, thanks to the original land OG himself… who had to walk up the land investing hill… both ways, it had Mark feeling a little pained so he looked to the group for a little compassion.
Did he find it? Probably not, but it was all in good fun!
Finally, did you think the debate over reclining airplane seats was over? Think again! The battle rages on this week and leads to another debate over shoes or no shoes, in your home and in others. When do you enforce it in your own home and should it be an act of courtesy in others, or do you insist even when the house rules are no outside shoes inside.
Need Motivation To Get Your Land Business Moving?
You can find it and so much more in the FREE Motivation & Wealth Creation Group on Facebook!
Stay up on all current news, tips, and events in the raw land business!
Also,
  • Gain insight on other members strategies and experiences, plus share your own!
  • Buy and sell wholesale deals!
  • Learn creative ways to raise more money for deals!
  • Buy and sell land notes!
Plus, Motivation, Motivation, Motivation!
JOIN HERE and become part of our community today!
Geeky Links!
15 Advantages & Disadvantages of Using Spreadsheets for Business
Why I started using a paper task manager instead of an app.
21 Quotes That (If Applied) Change You Into a Better Person – RyanHoliday.net
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You Might Be A Land Geek If...
The Land Geek Spotlight
Did you catch Nite Cap this week?
Scott Bossman & Mike Zaino—aka The Land Geek Guys, put the spotlight on Jeff Jones! In just six months Jeff has completed Flight School and has done 7 deals.
Listen in to find out all the details along with how Jeff stumbled across the Land Geek model, why he says sense of community is important, and more!
Plus, the guys do a fun new segment called, You might be a Land Geek if
Accounting for Land Investors 2020
Scott Todd’s accounting for land investor’s course will be LIVE on Tuesday, February 11th!
What you will learn in this course…
  • The exact accounting process we use for every aspect of the business.
  • How we setup loan via the installment sale method (Valuable for tax purposes).
  •  How we accrual or property taxes (and what we do with the money until the tax man sends the tax bills).
  • How we manage our capital to ensure we have money to pay ourselves first AND still do deals.
  • The exact Journal Entries we make every month to get a clean Profit and Loss Statement and Balance Sheet
  • The one thing we did that put $14,000 tax free into my pocket, saving me $6,500 in taxes.
We Look Forward To Featuring You...
We LOVE hearing success stories from our students and want to regularly feature them in the newsletter, but we need your help.
If you would like to be featured, please send us your story! You can include things like:
  • Your wins
  • How land has helped you
  • First/best deals
  • Funny stories, etc
Or, anything else you would like us to know.
Please send your story to [email protected] and mention that it’s for the newsletter.
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