Land Investing—The Perfect Rainy Day Umbrella
Amidst the Coronavirus pandemic with millions of people losing their jobs, and that’s in the U.S. alone, how is the land business faring?
Joining Mark for this week’s Round Table discussion are:
- Erik Peterson
- Mimi Schmidt
- Mike Zaino
- Tate Litchfield
- Scott Todd
As Mark goes around the table and asks the team how their businesses are holding up during this pandemic crisis, there were a few things that kept coming up...
- We are really blessed
- Grateful
- Business as usual
And while our hearts go out to those who have lost their jobs, it truly makes us appreciate that we are in a business that has felt virtually no repercussion from the current crisis. And the stories are starting to come in from other community Land Geekers.
Tate just received a note from a UK investor who lost their job and now their sole income is the passive income coming in from land notes. Thankfully, it will be enough to get them through this hard time.
“This is the perfect umbrella for that rainy day that inevitably comes. That is why you pay the price to start a business that provides you passive income, for times like this. Whether it’s some type of pandemic, natural disaster, or company downturn. There are so many things in life, it really makes you appreciate just how we’re all skating on thin ice and we’re so vulnerable to so many things out of our control.”
Then, the team talks about how they are staying sane during this time and then shares their...
Staying Sane Quarantine Binging Tips Of The Week:
Tate - Tiger King (Tate needs to know, did Carol do it?)
Erik - Jack Ryan season 2
Mimi - The English Game
Mike - The Way Back
Scott - Love Is Blind
Mark - Ozark
TIP OF THE WEEK
Mimi: For notary during the crisis, check out this bulletin at NationalNotary.org. Call the bank where you usually get your notarization done and see if they accommodate window separated signing.
Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?