The Land Geek Weekly Digest - Issue #368

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The Land Geek Weekly Digest

April 1 · Issue #368 · View online

A weekly newsletter to help you become a better land investor so you can create passive income without renters, rehabs renovations or rodents. Learn more at www.thelandgeek.com/training


T-Thoughts
“…failure with clay was more complete and more spectacular than with other forms of art. You are subject to the elements… Any one of the old four–earth, air, fire, water–can betray you and melt, or burst, or shatter–months of work into dust and ashes and spitting steam. You need to be a precise scientist, and you need to know how to play with what chance will do to your lovingly constructed surfaces in the heat of the kiln”. A.S. Byatt, The Children’s Book 
On my weekly call with our Chief Problem Solver, Rossi Spong, she proudly showed me the pottery creations she had made.
They were different shapes and each was beautiful and unique in its own right. What I found most interesting was the technique used to make the art. It’s called soda firing where you spray soda ash which is a fancy pant’s atmospheric firing technique.
What is so cool about the art of creating pottery is that Rossi had only so much control of the process.
If you’ve spoken to Rossi, you know she’s kinda a control freak and you wouldn’t think creating art where she has no control over the final product would be her passion.
I asked her point-blank if that made her anxious and she smiled widely and like a wise monk said it’s "a practice of letting go.”
When she was telling me this story, I thought it was the perfect metaphor for running a successful land business joyfully.
We build all the elements of what we can control.
County Research, Pricing, Sending Out Offers, Marketing Channels, and Selling.
Ultimately, just like creating pottery, once we’ve done our part and it goes to market, we have no control over so many aspects of the sale.
We can’t control the market, the lead flow, the quality of leads, and ultimately when the property sells.
We can make some adjustments, but the joy comes in doing your best within what you can control and then letting go.
Once Rossi’s pottery goes into the kiln, she lets go of her art and the final product is ultimately not up to her.
Nevertheless, it did work out and she beamed with pride showing me her creations and which ones will be displayed at her art show.
Can you enjoy the process of land investing and then let go? Try it this week and let me know how you feel about your business and if that mindset removes any of your current frustrations!
Just email me at [email protected]
“Out of the fire comes firmness, through stress, we pass to strength”.  Charles F. Binns
L-Land
This Week on The Art of Passive Income...
In this week’s episode of The Art of Passive Income, Mark and Scott welcome entrepreneur, podcaster, best-selling author, and speaker, Daniel Blue to the show.
Daniel is the President of Quest Education, a company that helps entrepreneurs acquire capital for their companies, pay off high-interest debt and use self-directed retirement accounts to invest in alternative assets. With over 10 years of experience educating small business owners, Daniel has a passion for helping individuals get creative with their finances which leads to life-changing results.
Daniel and his team pride themselves on providing exceptional real-time customer experience and as a result, under his leadership, his company has reached the seven-figure mark two years in a row and has customers all across the United States. Daniel is also a regular contributor to Forbes.com. 
Listen in as they discuss:
  • Daniel’s story and his journey to where he is now
  • The benefits of 401k and IRA in real estate
  • Does Quest Education provide individuals with the freedom to manage their accounts?
  • How much money can be placed in a 401K or IRA account annually?
  • What is a solo 401k and its benefits?
  • Can a person who already has a qualified retirement plan also set up a solo 401k plan?
  • What are the pros and cons of a solo 401k plan?
And, more!
In This Week's Round Table...
On this episode of the Art of Passive Income podcast, the Land Geeks welcome investment guru, Aryeh Sheinbein to the show.
Aryeh Sheinbein is a finance professional with broad practical operational and investment experience in hedge funds and private equity businesses. Beyond his investment, valuation, and operational expertise with many types of businesses, investments, and financial instruments, he has many years of experience and success in eCommerce and the Amazon selling platform.
Over his career he has obtained extensive experience managing large complex projects and teams, giving him executive leadership skills with concentrated experience with finance, business strategy, marketing, and operations. He has his own podcast called Inside the Lion’s Den and can be found on Instagram, LinkedIn, and Facebook.
Joining Mark for this session are:
  • Erik Peterson
  • Tate Litchfield
…and our special guest, Aryeh Sheinbein!
Listen in as the Land Geeks go around the table and ask Aryeh questions about:
  • Why alternative investments are no longer optional
  • Tips on how to invest–no matter how much you have
  • The worst investment advice he’s come across
  • Why you should stay away from the financial media
“Focus on the long term, whether it’s 5 years, 10, 15, 25. It’s a whole different mental space and idea on how to handle finances.” ~Aryeh Sheinbein
Aryeh also explains fair value and private market valuations and how they can relate to raw land investment.
G-Gratitude
Congrats to Jason on joining our one-on-one coaching program! Click here if you’re interested in learning more about coaching.
Geeky Links!
YOU CAN PLAN A PRODUCTIVE DAY ON ONE SHEET OF PAPER.
What is Passive Income? A Guide to the Reality of Passive Income
Transferable Skills That Take You From 0 to 100 as an Entrepreneur
Get Ready To Take Flight School in April... Click below.
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