May 29 2023
EP #50: Investing In Raw Land For Passive Income Streams With Mark Podolsky
Raw land investing is not the most sexy asset, but it is profitable! Are you looking for other asset classes that yield passive income?
In this episode, Mark Podolsky shares his real estate journey, and why you should consider raw land investing.
Armed with only $3,000, gut-wrenching fear, and absolutely no real estate experience… Mark bought his first few parcels of raw land in 2001.Today Mark is the author of Dirt Rich, the ultimate guide to helping you build a passive income. and owner of Frontier Properties, a very reputable and successful land investing company, and has been buying and selling land full time since 2001. By focusing on working smart, not hard, he has completed over 5,500 land deals with an average ROI of over 300% on cash flips, and over 1,000% on the deals he sells with financing terms.
In this episode, we discussed…
Why you want to avoid solo-economic dependencyHow to invest in raw land for a 300% ROIStructuring land deals for passive incomeImportant due diligence items you need to know
Mark Podolsky's LinkedIn Profile link: https://www.linkedin.com/in/thelandgeek/
Mark Podolsky's Company Website link: How to Invest in Real Estate with No Money | The Land Geek
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