Investing in land is not the sexy kind of real estate investing you hear about on HGTV. But it's a viable and much less competitive way to earn substantial income that can change your life. On this episode you're going to hear how Mark Podolsky does it, step by step, and how he's turned it into a recurring revenue machine.

Welcome to The Real Estate Launchpad podcast - today's guest, Mark Podolsky is affectionately known as "The Land Geek" and he's developed an amazing system of investing in raw land that has freed him from corporate and set him on a trajectory to rid the world of stress caused by money worries. If you've been interested in Real Estate Investing but have never taken the plunge, this could be the episode you've been looking for.

How to turn a raw land purchase into an ongoing stream of revenue

Mark's system for investing in land is common sense and simple. He gets information from county assessors or county treasurers regarding raw land properties where back taxes are owed. The owner usually has not emotional attachment to the property, and the fact that they owe taxes means there is some kind of distress related to the property. All of that adds up to motivation to sell.

Mark's formula - which doesn't always work, is to divide the value of the property by 4. That gives him Warren Buffet's "margin of safety" in the investment. If the offer is accepted, he does due diligence on the property, and if everything checks out, he buys it and then sells it in 30 days or less for a 1000% profit. But he's not looking for an all-cash sale, he wants to be the banker for the property to create a passive income stream, and he doesn't have to worry about government regulations because no tenants are involved.

Why Mark doesn't see your efforts at land investing as competition

The first time Mark even considered teaching others how to follow his methodology for investing in land was when someone offered him an outrageous amount of money to teach them how. That's when he realized that what he'd developed was special and could benefit many people beyond himself.

At first, he and his wife were leary of creating their own competition through teaching others what they were doing, but when they realized how much raw land inventory there is available and how limited their ability was, they decided it was something they had to do. So, listen, learn, and get involved in land investing. Mark is eager for you to do it. The pie is plenty big enough for anyone who wants to get started.

Are you among the 3% who will DIY land investing? If not, here's help

Nothing Mark has discovered about investing in land is so difficult you couldn't figure it out on your own through trial and error (like he did). But he's found that only about 3% of people will really follow through on a DIY approach like he did. There's one simple reason why: lack of accountability.

We all need our feet held to the fire in order to get things that matter, done. Mark offers the right kind of accountability for people who want to learn, through online courses, group coaching, and more. You can get the details about the programs Mark offers by listening to this episode - and start your land investing career.

In This Episode Mark Podolsky says...

 

• [0:53] Mark's story is an inspiration. Raw land notes are why. Here's the story...
• [3:33] How can raw land be turned into an income stream?
• [7:57] The journey to coming up with this amazing land investment model
• [10:47] What is required in the due diligence process and how much does it cost?
• [15:37] Why Mark is NOT being crowded out of buying these kinds of land deals
• [19:20] How Mark finds the properties and makes the deals happen
• [24:55] Investing in land turns into a coaching / business opportunity
• [29:26] How can you tell a real estate educator from a guru you shouldn't trust?
• [36:46] Investors can join Mark - and he's got group coaching available as well
• [42:25] On a mission to make the world a less stressful place because of money

Resources Mentioned In The Episode

• SPONSOR: Bellwether Enterprise - Contact Will - [email protected]
• Replace your income with real estate investing: Email Jonathan  
• Craigslist
• LandModo
• Lands of America
• Land And Farm
• App: What 3 Words - verify locations worldwide
• www.PostingDomination.com/thelandgeek - post to ad sites automatically
• www.GeekPay.io - automates borrower and lender relationships  

Connect with Mark Podolsky (The Land Geek)

• https://www.thelandgeek.com/ - get a free ebook download
• [email protected] - mention this podcast and get a free passive income launch kit course and an ebook, "Dirt Rich"

Connect With Jonathan and Real Estate Launchpad

• To invest with me go to www.TwoBridgesMgmt.com/investors
• To learn from me go to www.MultifamilyLaunchpad.com
• Join my free Facebook community