Ep #39: Building Massive Cash Flow with Raw Undeveloped Land – with Mark Podolsky

In 2001, Frontier Properties founder Mark Podolsky was an Investment banker with a crazy high-pressure lifestyle in Phoenix.

Like several of his colleagues, Mark liked the idea of investing in real estate. So the next time he earned a commission check, Mark went down to a tax sale auction at the county. He ended up buying a property with a commission from a big deal… and what’s more, Mark put everything he had into buying land in New Mexico.

“My wife thought I was crazy, he says, but I told her, ‘at least we own land.”Sure enough, Mark was able to sell all his New Mexico property at a profit. Even better, Mark was soon able to quit his job to go into the real estate business full-time.

Mark shares with us the steps he took to get to where he is today in having completed more than 5,000+ land transactions. Also, Mark walks us through a few of his most recent land acquisitions and speaks specifically to the step by step process of how he’s built his business.

 

In this interview with Mark you’re going to learn:

•         How to buy raw vacant land in desirable areas for 10-20 cents on the dollar
•          The reasons why sellers will let their land go for so cheap
•         How he's been able to consistently get returns as high as 1,000% and won't even consider a deal unless he's set to make a minimum return of 300%
•         How you can truly get started in this niche with very little money - seriously, this isn't BS.
•          How to find the best end buyers for your raw land deals
•          The biggest challenges with this strategy
•          Why he offers easy no qualifying seller financing
•          How he does all of his due diligence from his home in AZ and never visits a property in person

 

•          And much more