Ever wondered how to create passive income without the headaches of traditional real estate? In this episode of the Real Returns podcast, Andrew and Dan welcome Mark Podolsky, known as "The Land Geek," who shares his journey from miserable investment banker to successful land investor. Mark reveals his unique business model of buying raw land at deep discounts and selling it with owner financing to create passive income streams. He explains how this approach eliminates the common challenges of real estate investing - no renters, no rehabs, no renovations - while helping people achieve financial freedom. Mark also discusses his passion for teaching others this method and shares insights into his personal growth philosophy.
[00:01 - 08:00] From Investment Banker to Land Geek
Creating passive income that exceeds fixed expenses
Raw land investing eliminates traditional real estate headaches
Buying distressed properties and selling with owner financing
[08:01 - 13:00] Finding Freedom Through Land
Transitioned from investment banking to full-time land investing
Completed over 6,500 land transactions since 2000
Offers services for various financial levels
[13:01 - 19:00] Impact Through Land Investing
Benefits distressed sellers, buyers, and communities
Billions of acres available makes competition minimal
Focuses on "sunshine states" and rural areas
[19:00 - 24:05] Personal Insights and Growth Philosophy
Pursues "calm mind, fit body, house full of love"
Practices daily Kaizen through structured routines
Writing "Zenge" about balancing calm with determination
Connect with Mark!
https://www.linkedin.com/in/thelandgeek/
Key Quotes:
"Create enough passive income where it exceeds your fixed expenses." - Mark Podolsky
"We'll all run out of money before we run out of deal flow." - Mark Podolsky
Visit our website https://www.birgo.com/to learn more about High-Quality Recession Resistant Assets for the Everyday Investor
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