The Art of Passive Income

KC Chohan is the Founder of Together CFO, a tax advisory, accounting, and tax preparation firm based in Los Angeles, California. His financial strategies have been the best-kept secret of the elite. He’s an expert on tax strategy and helps high-net-worth families protect their wealth and reduce taxes. KC is a writer for Forbes Magazine and a professional speaker, who has been featured in Entrepreneur Magazine, NBC, Yahoo Finance, and Fox News. KC has spoken at many events including Mark Moss’s Market Disrupters event, the Accounting and Finance Conference, The Money Show, the California Association of Business Brokers Annual Conference, and many more.Episode notes:Listen as KC gives Mark the tax nuances that you can take advantage of in your business, including:How billionaires pay such low taxesWhen trusts make senseKC’s top five tax loopholesThe most under-used tax loopholesEstate planning and transferring wealthAdvice on tax documentation and auditsAnd more! TIP OF THE WEEKKC: Go to our tax-saving community. In there we have three great gifts for you. Look for our Tax Savings Calculator and our Tax Savings mini course.Mark: Learn more about KC and his expertise and go to Togethercfo.com. WANT TO LISTEN MORE?Did you like this episode? If so, listen to another AOPI podcast episode to learn more about paying less in taxes.."Are you ready to learn more about land investing? Just click HERE to schedule a call.""Isn’t it time to create passive income so you can work where you want when you want, and with whomever you want?"

Michaela digs in on:How she financed her first land deals with cash constraintsHer sales strategy and her recent favorite dealWhat she would do differently looking back to when she started five years agoThe time she spent when starting and the time she spends nowHer passive income numbersWhy she wants to be a Land Geek coach and what folks can expect from working with herMichaela also shares any observations and changes she’s made given today’s changing economy. TIP OF THE WEEKMichaela:I have another GPT tip. It’s Auto GPT. It uses GPT 3.5 and 4. It will run scripts and tasks for you. You don’t have to prompt it each time. I think it’s better than GPT. I’m using it for Marketing Research, but it can do a lot of other things. You can use it to order pizza.Mark:My Tip of the Week is learn more about Michaela at LifetimePropertiesUSA.com. WANT TO LISTEN MORE?Did you like this episode? If so, listen to another AOPI episode to hear more about Michaela’s story."Are you ready to learn more about land investing? Just click HERE to schedule a call.""Isn’t it time to create passive income so you can work where you want when you want, and with whomever you want?" 

Kirk’s story features:How he stumbled across the Land GeekWhat made him immediately sign up for Flight SchoolWhy his first deal is still his favorite deal–and the numbersThe first thing he outsourced and whyThe advantages of attending BootcampHis biggest frustration with the businessPlus the duo discusses the importance of having skin in the game. TIP OF THE WEEKKirk:It’s a book that I received going into the coaching program. It’s called the Twelve Week Year by Brian Moran. It makes the point that you can be well connected, well educated and full of natural talent, but in the end you have to execute. It takes consistent action to turn your dream into reality. That was a real kick in the pants for me.Mark:Learn more about Kirk and his properties at Freedomproperties.co. WANT TO LISTEN MORE?Did you like this episode? If so, listen to the Round Table episode when the Geeks hold a roundtable discussing Flight School case studies."Are you ready to learn more about land investing? Just click HERE to schedule a call.""Isn’t it time to create passive income so you can work where you want when you want, and with whomever you want?" 

Listen as the team gives you the personal and professional development books they are reading and loving this summer so you can add them to your own list.Landon Harris: Start.: Punch Fear in the Face, Escape Average, and Do Work That Matters  By: John AcuffErik Peterson: Get Different: Marketing That Can't Be Ignored! By: Mike MichalowiczTeria Harris: Breaking The Habit of Being Yourself: How to Lose Your Mind and Create a New One By: Joe DispenzaTate Litchfield: 10x Is Easier Than 2x: How World-Class Entrepreneurs Achieve More by Doing Less By: Dan Sullivan and Dr. Benjamin HardyMark Podolsky: Go For Stupid The Art of Achieving Ridiculous Goals By: Steve Simms; The Brothers Karamazov By: Fyodor DostoevskyBonus: If you haven’t read Atomic Habits An Easy & Proven Way to Build Good Habits & Break Bad Ones By: James Clear, read it. The Geeks agree it’s one of the best books in recent years. WANT TO LISTEN MORE?Did you like this episode? If so, tune into anotherAOPI podcast episode with the Geeks reading recommendations. "Are you ready to learn more about land investing? Just click HERE to schedule a call.""Isn’t it time to create passive income so you can work where you want when you want, and with whomever you want?" 

Roberto covers:How far he’s come since “retiring” from his law careerHis passive income growthWhy he decided to give back to the Land Geek communityThe process, key ingredients–and timeline–it took to scale his land businessHis compelling and relatable “Why”How his family reacted to his career changeThe duo also discusses what a carajillo is and why Mark has made it Roberto’s nickname. TIP OF THE WEEKRoberto:This book has been mentioned before, but there’s never a time to not mention it, Who Not How.  It talks about how you can implement this book into your land business to scale and become the CEO of your business and not be working in it. I love this book and have read it a couple of times. It’s a great read for anyone looking to grow their business.Mark:My Tip of the Week is also a book by the same authors. It’s 10x is Easier Than 2x. “It’s the same mindset of who should be doing this task…?” WANT TO LISTEN MORE?Did you like this episode? If so, listen to the Round Table episode when the Geeks throw a retirement party for Roberto Chavez."Are you ready to learn more about land investing? Just click HERE to schedule a call.""Isn’t it time to create passive income so you can work where you want when you want, and with whomever you want?"

David’s entrepreneurial journey began in his early twenties when he sold Australia’s most beloved sporting venue, the Melbourne Cricket Ground. Since then, his business experience has spanned from franchising retail clothing stores to founding one of Australia’s most trusted digital agencies, Melbourne SEO Services.In 2016, he successfully systemized himself out of that business, hired a CEO and stepped back from the daily operations. Through this process, he became a systems devotee, founding SYSTEMology.Today, his mission is to free all business owners worldwide from the daily operations of running their business. To achieve this, Jenyns spends most of his time supporting the growing community of certified SYSTEMologists as they help business owners implement SYSTEMology. He also delivers workshops, keynote addresses and hosts his own popular podcast, Business Processes Simplified.Episode notes:Mark and Dave discuss all things book and process-related, including:Why he wrote his book, SYSTEMologyWhere to start with systemizingWhat he means when he says “first we define and then we assign”Why is creating systems a two-person job?Building a systems-driven cultureThe most common problems entrepreneurs face when scalingHow Dave sees processes changing with AIMark and Dave also cover auditing a hodgepodge tech deck as you grow. TIP OF THE WEEKDave: I'm going to suggest the original which is “The E-Myth” by Michael E Gerber. It just builds up the “why” so well. It helps you to understand why systems and processes are so important and potentially what’s possible for you. It’s a great read.Mark: Learn more about Dave and go to SYSTEMology.com. WANT TO LISTEN MORE?Did you like this episode? If so, listen to another AOPI podcast episode to learn everything you need to know about automation."Are you ready to learn more about land investing? Just click HERE to schedule a call.""Isn’t it time to create passive income so you can work where you want when you want, and with whomever you want?" 

Joining Mark are: Landon HarrisErik PetersonTate LitchfieldScott ToddThey cover:The first passive income wall and what to do when you hit itHow to get to the next level in your businessWhen you need to add to your resourcesHow to get unstuck from numbers and comparisonWhen to stop and think and when to keep movingOther business challengesScott also provides inspiring anecdotes and pearls of wisdom to help your mindset when things get hard. TIP OF THE WEEKLandon: It’s hard to answer the question about what we are automating in the business. However, one thing that I think is standard to automate is leads. I found a blog post about how to use Zaps (automated with Zapier) for email or Slack for your teams.Mark and Scott:There is a Zapier alternative. It’s called Pabbly Connect. You can pay for lifetime access. You can Google “Lifetime access for Pabbly.” It’s a bargain. WANT TO LISTEN MORE?Did you enjoy this episode? If you did, check out another AOPI episode to learn how to generate passive income through rental properties..Are you ready to learn more about land investing? Just click HERE to schedule a call. Isn’t it time to create passive income so you can work where you want when you want, and with whomever you want?

Be inspired and you learn:The timing and circumstances that led him to land investingHow he got over the “too good to be true” skepticism of the land business model The details of his favorite dealThe magic of attending live BootcampsThe accomplishment he’s most proud ofHis passive income numbersHow the business has changed his life You’ll also hear the most challenging part of Kirk’s business and how he pushes himself out of his comfort zone. TIP OF THE WEEKKirk:My two tips are pretty simple. First, I like to pick a few books that resonate with me and reread them 4-5 times to go deeper into the core fundamentals. One of them is Dirt Rich. Some others are the Gap and the Gain andAtomic Habits. Secondly, I have a hard time sleeping and I found this amazing podcast called Sleep Magic with Jessica Porter. She does some hypnosis. I don’t need sleeping pills. I just listen to Sleep Magic.Mark:Check out what Kirk is doing over at lotsofsunshine.com. WANT TO LISTEN MORE?Did you like this episode? If so, tune into another student success storyabout how Pastor Larry Murrell built his legacy and enhanced his life with land."Are you ready to learn more about land investing? Just click HERE to schedule a call.""Isn’t it time to create passive income so you can work where you want when you want, and with whomever you want?" 

Listen to learn:What brought Jeff to the Land GeekHis experience in self storage real estate and how it differs from land investingHow he scaled his business and the degree of difficultyAfter six years, how much time he spends on the business and in the businessWhy he wants to give back to the community by becoming a coachReoccuring themes he sees students bring up on the Master Mind callsThe importance of grit when starting out in land investingJeff also shares his favorite land deal and what Mark said to him about it at a live Bootcamp. TIP OF THE WEEKJeff:My Tip of the Week is an older book called, The Slight Edge by Jeff Olson. This is what this business is about. It’s about all the little things you can do to improve your business and life. It’s the baby steps you make to make progress daily and then stacking them to look back to see the mountain you’ve formed in the process.Mark:Go check out Jeff’s business at  aoklandusa.com. WANT TO LISTEN MORE?Did you like this episode? If so, listen to the interview with the last coach to join the team, Landon. AI. Harris."Are you ready to learn more about land investing? Just click HERE to schedule a call.""Isn’t it time to create passive income so you can work where you want when you want, and with whomever you want?" 

Joining Mark are: Erik PetersonTeria HarrisTate LitchfieldScott Todd They talk you through the answers to:If the lower the payment the easier the sale, why don’t we do it all the time?When does this approach make sense?Does it increase the chances of loan default?What systems do you need in place to have success with this strategy?Does it affect your workload?Are there other unintended consequences?Mark also poses the idea of low down payments as part of a brand strategy. TIP OF THE WEEKScott:If you’re having a problem with FaceBook marketplace kicking you off and banning you, then get a subscription to landmodo.com.Mark:Use ChatGPT to enhance your headlines when posting on Landmodo and don’t cheap out on your Landmodo subscription. I always say marketing is an investment. WANT TO LISTEN MORE?Did you enjoy this episode? If you did, check out another AOPI episode to learn if credit card payments are acceptable on a cash sale.Are you ready to learn more about land investing? Just click HERE to schedule a call. Isn’t it time to create passive income so you can work where you want when you want, and with whomever you want?