In this episode of The Mentor Podcast, Ron welcomes Mark Podolsky, affectionately known as "The Land Geek." Mark has been buying and selling raw land since 2000 and left his corporate job by 2001 to pursue land investing full-time. With over 6,500 land deals under his belt, Mark has built a proven system for creating passive income streams through land flipping and owner financing. His expertise lies in making land investing simple, scalable, and achievable—even for those new to real estate.
What You’ll Learn About in This Episode:
- The step-by-step process for flipping raw land and creating passive income.
- How to buy land at wholesale prices and sell it with owner financing for maximum profit.
- Why land investing is easier and less competitive than house flipping or wholesaling.
- The secret to finding the best deals using platforms like LandMoto and DataTree.
- Why you don’t need tenants, renovations, or rehabs to build wealth with land.
- How to generate passive income that covers fixed expenses, giving you true financial freedom.
- The importance of targeting the right counties and leveraging software to streamline processes.
- How Mark’s method avoids the hassles of real estate regulations like Dodd-Frank and RESPA.
- Tax strategies for land investing, including the use of self-directed IRAs.
- Mark’s philosophy on wealth: creating income streams that work even when you don’t.
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