The Art of Passive Income

Joining Mark this week are:Erik PetersonScott BossmanMike ZainoMimi SchmidtScott ToddListen in as they go around the table and discuss how many offers they currently send out on a monthly basis and what is the response rate they receive. The Land Geeks also gave a synopsis on how their first virtual Bootcamp went. TIP OF THE WEEKErik: My tip of the week is an app, you can find it at the thetoday.app. If you're deeming your week and building habits, accomplishing your tasks, you can use it to help you to stay on track and not get distracted.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?

Ellie Perlman is the founder and CEO of Blue Lake Capital, a real estate investment firm that specializes in multifamily investments. She started her career as a commercial real estate lawyer but later transitioned to a property manager, overseeing properties worth over one hundred million dollars.Ellie holds a Masters in Law and an MBA from MIT Sloan School of Management. She is a Forbes author and a real estate investing podcast host.Listen in as they discuss:Ellie’s multifamily modelChallenges she faced with deals in multifamily investmentHer thinking and evaluation process with her multifamily businessAlso, Ellie shares her story of her transition from a real estate lawyer to a real estate investor and talks about her reasons for choosing multifamily of all the real estate niches. Tune in to hear more!TIP OF THE WEEK:Mark: My tip of the week is learn more about Multifamily, and look at bluelake-capital.comScott: Got a good book called How to be a Great Sales Person by Monday Morning. If you want to increase your sales read that book by David Cooke.Ellie: One of the books I've read was called Influence by, it's a great book and it talks about how you can influence people, it's how to connect with people, how to succeed in life and business. You can use that information in your personal life. Another book is called The One Thing by Gary Keller from Keller Williams. Also, if you go to my website you can download a free guide that will basically lead you to the 5 Most Crucial Components that you need to look at when you're investing passively in a deal. Check it out!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 this week are:Erik PetersonScott BossmanMimi SchmidtScott ToddListen in as they go around the table and share their experiences accepting credit card payments for a cash sale and the outcome. They also share whether or not someone has done a chargeback on a down payment or cash payment in their business.TIP OF THE WEEKErik: My tip is a website (Web App), it's geckoboard.com. Basically, it's a dashboard, a visualization type tool where you can connect say to a google spreadsheet with data in it and create visualization around that. Tracking your students a lot to know their metrics and numbers, this is a good resource, it's free.  There are paid versions, but it's free to start, and you can create nice visualizations with your data and it can help you interpret it a little bit more quickly.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?

Rod Khleif is an entrepreneur, real estate investor, multiple business owner, author and community philanthropist.  He is the host of the top ranked iTunes real estate podcast “The Lifetime Cash Flow Through Real Estate Investing Podcast” and is recognized as one of the country’s top real estate trainers who has personally owned and managed over 2000 properties.Rod was inspired to get into real estate at the age of eighteen after seeing his mother make a twenty thousand dollars profit on a home she bought in three years.  Twenty years later, he accumulated a fifty million dollar real estate fortune, eight hundred homes, multiple apartment complexes, and his beachfront mansion.Listen in as they discuss:Setting goalsThe mindsetOwning your powerMultifamily investmentThe art of visualizationEducate yourself and build your competence which will equate to your confidence and then your ability to influence people. ~Rod KhleifTIP OF THE WEEK:Mark: My tip of the week is check out rodkhleif.com and learn more about Rod Khleif.Scott: Check out mailtag.io, basically, what it does is you can set up a follow up sequence with an email you send on gmail. If the person doesn't open the email, do this or if they did open it but did not respond, do that. It's like an IFTTT for emails.Rod: Text the word PARTNER to 41411, we would love to talk to you about the deals we've got under contract in three states.  Also, if you're interested in Multifamily I'm giving a free toolbook, it's 70 pages like a due diligence checklist on steroids just text ROD to 41411. Check out my website rodkhleif.com. And if you have an interest with Multifamily, go to multifamilycommunity.com and join that group. Lastly, is rodbootcamp.com.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 this week are:Erik PetersonScott BossmanTate LitchfieldScott ToddListen in as they discuss how their business is doing with land sales and how well their coaching students are performing in the land business. They also share some of their eventful experiences while on vacation and upon returning home.TIP OF THE WEEKScott T: I've got two tips of the week. First, do yourself a favor, do something different. Arrange all your friends and family and get them all together on Zoom. Go to this website goparagon.co, and hire some comedians or entertainers to join your Zoom Call. You can hire a comedian for an hour for $150. They have Chefs, DJs, you can do many different things. Second, if you're in this business you're going to run into accounting issues, do yourself a favor and get set up correctly, go to Investor Ninjas and get pre-recorded Accounting for Land Investors Class at a minimum. Also, we have a new live class for Accounting for Land Investors starting on August 20th. If you want to learn more of that go to ScottTodd.net/Accounting.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?

Brian Bradley is one of the top lawyers in the country. He was selected to the Lawyers of Distinction List three years in a row, Super Lawyers Rising Star List in 2015 and has been nominated to America's Top 100 High Stakes Litigators List and to the 2017 Law Firm 500 Award. Brian represents self-made entrepreneurs, professional athletes, business owners, medical doctors, real estate investors and those investing in cash flowing properties. He has been featured by many of the top financial experts, medical professionals and mastermind investment groups.Listen in as they discuss:How to protect your investmentsWhat is an asset protectionBridge trustAsset management limited partnershipDomestic offshore asset protection trust versus offshore asset protection trustWhere you start in life is not always where you're going to be and if you are just starting out get the assets out of your personal name. ~ Brian BradleyTIP OF THE WEEKMark: My tip of the week is learn more protecting your assets, preserving your wealth at btblegal.comScott: There's this new tool to keep organized, it's called Freedcamp (freedcamp.com) similar to Basecamp. It's free, has unlimited project/task storage. It has features of trello, zapier integration. Check it out.Brian: I just want to say that use your teams; don't use DIYs all by yourself, don't do that for your protection systems. Be proactive, plan the budget for now. Don't do it yourself. You're going to save time and money doing it right the first time."Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?"

Craigslist is one of the most well known classified advertisement websites used worldwide for products and services, and to generate sales. However, it can be one of the most difficult marketing platforms to use when advertising so we wanted to revisit this topic.Listen in once more as we go around the table and discuss:Craigslist postingsGenerating leads and salesThe right target marketThe Posting Domination MethodologyHow to properly post ads on Craigslist Constructing effective ads that are compelling enoughConversational trends using Facebook versus CraigslistBlind adsAnd, more!Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Anton Ivanov is a US Navy veteran, a real estate investor, and an entrepreneur with a portfolio of 40 rental units spread out across four states. He is the founder of DealCheck.io,  a leading real estate analysis platform for quickly analyzing and comparing rental properties, flips and commercial buildings. Anton’s journey to greatness in real estate started after he inherited a condo from his late parents.  Through mentorship he was advised to rent out the property, which created a small sum of passive cash flow monthly. This additional source of income served as an eye opener to how great real estate can be a source for passive income for Anton, especially since he wanted an early retirement. Once he completed his service in the Navy, he started building a real estate portfolio with his wife, investing in rental properties and later developed a platform used by over a 100,000 real estate investors, agents and professionals worldwide.Listen in as they discuss:Calculating your cash flow or profit from a flip or land saleThe creation of the DealCheck softwareDealCheck’s software usages and functionsHow to use the DealCheck software to get an accurate output and projectionsTIP OF THE WEEK:Mark: My tip of the week is dealcheck.io,  when you sign up just use the promo code Land Geek and get 25% off subscription forever.Scott: Check out Harmonizely it is for your scheduling and it'll give you a dedicating web page. What's cool about it is it's free and it integrates to my Zoom and if anyone wants to book an appointment, it creates a Zoom meeting link. Everybody gets their dedicated zoom link. It's all automated.Anton: My tip is two parts, the first thing I always want to say to my investors is "Don't be afraid to start small", there's nothing wrong looking for smaller deals just to get your feet wet, to get that knowledge and experience. It's easy to get blind-sided, to make mistakes on your first deals and by starting small you're less likely to do that or make mistakes, and it's not going to be costly. Second part of my tip is Networking and learning from other investors. Also, if any of you are interested in the software called Deal Check we have a better deal, a promo code. If you type in Land Geek, we'll give you 25% off for your subscription forever. You'll get that full discount as long as you're subscribed. But start with the free trial, check out dealcheck.io.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Joining us this week are: Scott ToddScott Bossman Erik Peterson Mimi SchmidtTate LitchfieldMike ZainoListen in as the Land Geeks go around the table and share how much money they started with when they began their land investing journey and at what point did they decide it was time to raise more money. They also discuss how too much capital can hurt you in the long run, different options for buying land at little to no cost, and more! Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Stan Haithcock also known as “Stan The Annuity Man’ is a nationally recognized expert who is known for his transparency, honesty and endless research. He has spoken in every major financial trade show in the United States and is a featured annuity expert on national TV and radio.   Having worked for some of the largest firms in the United States, such as Morgan Stanley and Dean Witter just to name a few, Stan took some time away and during that time he discovered his love for annuity.  He represents all major carriers licensed in all 50 states and is considered the top annuity agent in the country.Listen in as they discuss:The history of annuityTypes of annuitiesHow annuity differs from stocks and bondsThe pros and cons of annuitiesWho needs annuityWhere annuity fits in someone’s portfolio The benefit proposition that sets annuities apart from all other financial products is that annuities are the only product type that provides a lifetime income stream regardless of how long you live.~ Stan HaithcockTIP OF THE WEEK:Mark: My tip of the week is do a deep dive into the world of annuities, and start looking at solutions for long term pension, protecting your family and children, just go to stantheannuityman.com.Scott: Check out gf.dev/wordpress-security-scanner; it will scan your website and it will tell you what all the vulnerabilities are. It's like an eye out for you.Stan: I'm going to send all of your listeners my seven published books for free if they're going to go to Stan the Annuity Man on YouTube.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?