Get Rich Education 27: Making Raw Land Cash Flow with Mark Podolsky of The Art of Passive Income Podcast
#27: Mark Podolsky tells Get Rich Education how he produces cash flow from raw land.
Listen to this week’s show and learn:
02:05 Residential property management, fees, and an operations example at Keith’s 11-plex apartment building.
06:51 The classic professional management vs. self-management debate.
07:47 Mark Podolsky’s model eliminates the need for any property management at all.
09:57 Mark Podolsky interview begins and he explains his business model.
15:10 How to find out when & where land auctions are.
16:28 An example of how to structure a cash flowing raw land deal.
18:06 Why you can buy others’ raw land for pennies on the dollar.
19:29 How to identify the best land parcels.
25:45 How to start with essentially zero money.
28:11 What one needs to know before starting.
30:02 Mark’s big mistake.
Resources mentioned:
www.TheLandGeek.com
The Best Passive Income Model podcast
www.Naco.org
www.WeGoLook.com