Nov 27, 2018
Mark Podolsky was an investment banker back in 2000, analyzing income statements in search of the diamond in the rough. So, when a co-worker stated that he was getting a 300% ROI on land investing, he thought it was too good to be true. He took a road trip to the auction and used funds set aside for car repairs to buy his first land investment. 18 months later, he quit his investment banking job to focus on land investing full time. Since then, Mark has completed over 5000 deals and authored the book, Dirt Rich. Known as The Land Geek, Mark joined us on this episode to share key tips and insights about this less common niche in real estate – land investing. Mark talked about its advantages, risks, market, and how to get started (even without a capital).
Key Market Insights
Bull’s Eye Round
Winning with Land Investing: Buy right. Find the lowest qualms, and divided it by 4.
Tracking Market Changes: Constantly looking at markets, research, and technology.
Daily Habit: Meditate.
GeekPay - https://www.geekpay.io/
Raw Land Sites (Naco.org, Landmodo.com, LandsofAmerica.com, Landflip.com, Landhub.com)
Dirt Rich by Mark Podolsky
Essentialism by Greg McKeown
Blue Ocean’s Strategy & Blue Ocean’s Shift by W. Chan Kim & Renee Mauborgne
The One Thing by Gary W. Keller
"Land is the only thing that lasts."
“Preppers, military and people who don’t like people, all love raw land.”
“40 acres is the size in most demand”
Places to Grab a Bite:
Connect with Mark