#054: Imagine Recurring Monthly Cash Flow with Little or No Work
Are you trading dollars for hours? Are you dependent on a paycheck?
Author and expert Mark Podolsky, shares how to invest in real estate not only for passive income but also so your investments are resiliant to market swings.
SHOW NOTES
0:46 – Introducing the topics for today’s show as well as today’s guest, Mark Podolsky, The Land Geek.
1:36 – A few things to know about Mark and how he got into land investing.
4:21 – Building an income path for a side hustle before leaving a job and what solo economic dependency means.
7:12 – What the path looks like for the business model Mark is supporting and who may benefit from it.
9:03 – Walking through, step-by-step, what Mark does.
14:01 – Benefits of owner financing and dealing with raw land.
15:40 – The advice Tom got about boring businesses and how this land investment fits in with that.
16:14 – The best and worst deals Mark has done in his land investing career.
18:44 – Why this model looks so resilient to market swings.
19:45 – How to go about finding the deals Mark works with.
21:18 – What the learning curve looks like for learning to succeed in this business.
22:11 – The guidance that Mark provided for some of the success stories he’s helped with.
23:31 – Background on Mark’s book, Dirt Rich.
24:32 – Mark and Tom’s experiences with the book writing process.
26:19 – Getting in touch with Mark and receiving his free Passive Income Blueprint and ebook.
27:20 – Mark’s last word and details on his treadmill desk.
Resources and Links Mentioned:
Contact Mark:
Email support@thelandgeek.com with “bank free blueprint” as the subject, to receive the Passive Income Launch Kit for free.
Contact Tom at tom@tombraegelmann.com or feedback@tombraegelmann.com
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