#492 Generating Passive Income From Land Investment

Mark Podolsky is the 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 on terms. Additionally, Mark is a published author and hosts a successful podcast titled the art of passive income.  

 

Quote: 

“I can always make more money but I can’t get more time.” 

 

Highlights:  

06:30: How Mark uses land investment to generate passive income

10:45: Dealing with environmental contamination

12:15: What potential buyers are looking for

14:30: Figuring out when to flip properties or when to cash flow the property

17:15: Generating leads for clients via direct mail

19:13: How land values were impacted by changing economic conditions

22:45: Navigating contracts and defaults

24:30: The size of the raw land market

 

Guest Website: https://www.thelandgeek.com/

 

Recommended Resources:  

• Accredited Investors, you’re invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club!
• If you’re a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team. 
• Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com. 
• Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast.
• Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.