The Art of Passive Income

Highly acclaimed investment sales broker James Nelson is Principal and Head of Avison Young’s Tri-State Investment Sales group in New York City. During his 25-year career, Nelson has sold more than 500 properties and loans totaling over $5 billion. His accolades include being named Commercial Observer’s Power 100, CoStar’s Power Broker, and receiving the Deal of the Year award by REBNY. Nelson is also a serial real estate investor and has launched two real estate funds with total capitalizations of over $350 million. He is passionate about helping others achieve real estate success and offers regular training through his podcast “The Insider’s Edge To Real Estate Investing.” He regularly lectures at Columbia, Fordham, NYU, Wharton, and his alma mater Colgate. Episode Notes:James and Mark cover:Why James decided to devote his life to real estate.Dissecting a recent real estate deal and what was attractive about itHis best-selling book and the most important advice for beginningWhat he looks for in team membersWhat made him decide to write a bookSkills and attributes that make good brokers and sponsorsWhat’s not going to change in real estateHis favorite asset classes TIP OF THE WEEKJamesOne of my all-time favorite books is “Give and Take” by Adam Grant. He’s a top-rated professor at Wharton and has a great podcast. His book is a mindset, an abundance mentality. He did a study of people who are givers. Those people are more successful and happier. Also, get out and pound the pavement. Real Estate is such a touch and feel business. Talk to people. Make connections. MarkLearn more about James Nelson and the Insider’s Edge to Real Estate Investing. Go to jamesnelson.com. WANT TO LISTEN MORE?Did you like this episode? If so, listen to another AOPI podcast episode about investing in real estate."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 HarrisLandon HarrisTate LitchfieldScott Todd The geeks examine the topic by offering some hypotheticals and real-world examples. They discuss:How to handle disappointmentHow the geeks define extreme ownershipHow to proactively shift your mindset to problem solve TIP OF THE WEEKLandon:I needed to come up with something that will help me make a better mind map. My tip of the week is Figma.com. I don’t know if it’s new, but it’s like Scapple on steroids. It’s really clear and clean–and expansive. I’m able to integrate different formats and they flow better. And the standard tool is free. WANT TO LISTEN MORE?Did you enjoy this episode? If you did, check out another AOPI episode on mindset..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?

With over eight years in business–with expertise in automation, marketing and lead generation–Antonio Rivodo is the CEO of Rivx. Rivx provides passive income opportunities with a done-for-you business model in the trucking and logistics industries. Episode notes:Antonio walks the audience through:The definition of trucking automationHow he built his business from scratchWhat are the benefits of investing with RivxThe investment risks and returnsA typical monthly P&LThe process to get startedAntonio and Mark also discuss hard numbers and the ideal candidate for this business opportunity. TIP OF THE WEEKAntonioI’m going to give you two things. 1. Find us on social media channels at Rivxautomation. Look at the videos and review the information to educate yourself. Once you understand it, go book a call.  2. I’m doing a live event here on July 6-7 in South Florida called Millions in Trucking. If you are interested in trucking, that’s a great place for you to start.MarkLearn more about Antonio and go to Rivx.co. Check out this app for the iPhone called ClearSpace. It limits your time on email and social media and it allows you to be more intentional with your time, your attention and your relationship with your phone. WANT TO LISTEN MORE?Did you like this episode? If so, listen to another AOPI podcast episode about passive income."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?" 

Chuck Bongiovanni is the co-founder and CEO of Majestic Residences. Chuck is a Certified Franchise Executive and the founder of CarePatrol Franchise Systems, the largest franchised senior placement company in the nation with over 150 offices. His Social Work background made him the natural pioneer of the senior placement and referral industry for the past 27 years. In his placement agent career, he and his company placed over 100,000 seniors in assisted living and residential homes across the country.Episode notes:Chuck provides answers to:What’s a residential assisted living franchise?Who is the ideal resident and what are the advantages of living there?Who is the ideal investor and franchisee?What’s the average return on investment?What is the opportunity for investors and operators?What benefit does Majestic Residences bring to the franchisee?Chuck also walks Mark through a residential assisted living facility case study and long-term care insurance and plans. TIP OF THE WEEKChuckBe a “sexy buffalo” and when you see a storm coming, run into it. That’s how I found success.MarkLearn more about this exciting business and real estate opportunity by visiting Discover Majestic Residences. WANT TO LISTEN MORE?Did you like this episode? If so, listen to another AOPI podcast episode on franchise ownership."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?" 

Pete Reese is the President of Reelvest Properties, a land development and investment company. With nearly two decades of real estate experience as a broker and investor, Pete has successfully purchased and sold hundreds of pieces of real estate for a profit over the years for himself and on behalf of his clients. He did $3.5 Million in Revenue in 2022 with his land flipping and development business, and he’s pushing to do $10 Million in 2023. Pete’s always looking for his next deal, including his longtime dream of his own private island. Episode notes:Pete explains:How he got into real estateWhat are the biggest differences between REO and house flipping and land flipping?The advantages and disadvantages of land flippingWhat about land flipping appeals to himHis exact land flipping modelHow much cash you need to start outHis lessons learnedWhat he looks for when evaluating a market TIP OF THE WEEKPeteThis is going to sound a little weird. It’s Bing. They just released and are running on ChatGPT 4. ChatGPT is quite a bit smarter. You can ask it anything. There are some interesting uses when combining ChatGPT with a search engine.MarkLearn more about Pete Reese and his podcast at turningprofit.com. WANT TO LISTEN MORE?Did you like this episode? If so, listen to another AOPI podcast episode about how to build wealth with distressed bank notes."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 PetersonLandon HarrisTeria HarrisTate Litchfield The geeks offer their insight to:Take ownershipTry something differentGather metricsReevaluate systems, pricing and photos Spend more money Mark also segues into a brief discussion on the ethics of using AI-generated photos. TIP OF THE WEEKLandon:I have a book called Getting Things Done by David Allen. It was helpful for me to get unstuck from my own processes. It helps you prioritize the things you need to get done. My biggest takeaway is realizing that just because something comes up in the moment, it doesn’t mean it needs to be done right then. It has helped me put things in order of importance. WANT TO LISTEN MORE?Did you enjoy this episode? If you did, check out another AOPI episodes as team Land Geek takes on weekly wins, marketing and mantras.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 PetersonLandon HarrisScott BossmanTate LitchfieldScott ToddThe geeks weigh in on:How to determine the first county to go after and set yourself up for successHow to trust the processHow much time to give to test the marketHow to consider budget and price pointsErik compares his YouTube challenge with first-time land business owners. TIP OF THE WEEKLandon:The YouTube channel, Motivational Hub is devoted to motivational speeches. What got me really sucked in was a speech by Warren Buffet called “Why Two Percent Succeed and 98 Percent Don’t.” There are speeches by entrepreneurs and actors. It can relate to starting a business and what we all talked about today.  WANT TO LISTEN MORE?Did you enjoy this episode? If you did, check out another AOPI episodes that covers how to develop a mindset that creates focus and facilitates success.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 and learn:How he discovered Land GeekHis land investing journeyHis favorite deal/proof of Land Geek conceptWhat made him decide to sign up for coaching and how he sold his wife on itHow much time he spent in the beginning and how much he spends nowThe value of creating a culture of appreciation with virtual assistantsHis monthly passive incomeLarry also discloses what his wife said when he closed his first deal and the most challenging part of the business. TIP OF THE WEEKLarry:I’m a reader and I love reading. I love John Maxwell’s book, Winning with People. When it comes down to it, you can learn to relate to people in a way that brings reciprocal results. If we don’t know how to win with people, we’re not going to win.Mark:Learn more about Larry Murrell at mustangland.com and see how you can support him. WANT TO LISTEN MORE?Did you like this episode? If so, tune into another student success story how one coaching built his business from hobby to $25k in monthly passive income."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?"

Not only does the duo share a rich dialogue about the value of virtual assistants, but they also provide insight on how personal connections strengthen business relationships–and some entertaining icebreakers.Laith takes us through:What prompted Laith to enter into the VA space.Why he prefers to target businesses that have already be end one beforeWhat separates Assistantly from the competitionWhat Americans should know about Filipino cultureHow ChatGPT is changing the VA businessHow to handle a team member who’s not the right fit Listen to learn if you should hire a virtual team member. TIP OF THE WEEKLaithI’m going to give a straightforward answer. If you’re a business owner and not on LinkedIn, you’re really missing out. I stay extremely active to grow my business. I’ve grown a large network of other CEOs and Founders of startups and have learned a ton from sparking conversations. I’ve also hired amazing people from Linkedin. I go through my feed for 20-30minutes per day and get so many tips and tricks that I feel like I’ve gotten an MBA from just scrolling my LinkedIn feed. It’s not just for large corporations. There is so much free value on it. I’ve seen a crazy amount of growth from using it!MarkSave your self sometime, go to Assistantly.com and learn how to hire a rock star virtual team member who can help you scale your business and make more money. WANT TO LISTEN MORE?Did you like this episode? If so, listen to another AOPIpodcast episode about what makes a good client for a virtual assistant."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?"

You’ll want to know:What brought him to land investing and what he was doing when he discovered Land GeekHis favorite deal and what he made on itHis current passive income numbersThe mental challenges coaching helped him overcomeHow land investing has changed his lifeYou’ll also hear James’ fixed over head costs and how much time he actually spends in his business. TIP OF THE WEEKJames:My Tip of the Week is a software called LandscapePro. It allows you to edit and enhance photos. It’s easy to use and makes pictures look a lot better. And it’s only 39 bucks.Mark: My tip is an app called Natural.ai You can speak into the app and it will find you the cheapest or best ways to book travel, order food, send a gift, and shop.WANT TO LISTEN MORE?Did you like this episode? If so, tune into another student success story how one coaching student transitioned from lawyer to land investor."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?"