In The Lab with Ruben Kanya
In The Lab with Ruben Kanya
Ruben Kanya
Dirt Rich: Turning Land Into a Profitable Remote Business with Mark Podolsky Episode #170
55 minutes Posted Feb 7, 2022 at 1:08 pm.
Guest background
Why land is an interesting asset
Turning land into a profitable business
Creating a passive income
What is a Land note?
Who are the avatars for the Land Note
Note strategy
Becoming the “Land Geek”
Finding buyers to flip land
Good land vs a great land
Key things to include in the marketing
How long does it take to do due diligence
Difference between buying and selling raw land vs residential land
What’s next for Mark?
Backend systems
“Value is in the eye of the beholder.” - Mark Podolsky
“I think people always want a real asset and I think they always want a good deal. As long as those two things remain, then the land investing niche will continue to thrive.” - Mark Podolsky
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55:04
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Show notes
GUEST SUMMARY
We brought Mark Podolsky in the lab, a former investment banker turned into what people refer to as ‘The Land Geek’ share with Experiment Nation how you can build a profitable business from dirt. Often in the lab, we’ve had investors discuss multiple real estate models built on land, but Mark takes us back to the core foundation asset in real estate —  land. You’ve heard the saying, ‘They’re not making any more of it’, and for this reason, Mark has found a niche in an indestructible niche of the very same place we find ourselves experimenting on everyday — land.
Mark has been buying and selling raw land for over 20 years. He completed over 5,500 land deals and his company received an A+ rating with the Better Business Bureau. Mark is also the author of Dirt Rich, a guide to help you build passive income by raw land investing. Believe it or not, by leveraging technology and a remote team, Mark is practically able to do this anywhere in the world.
If you are interested in buying, selling and leasing land remotely, then this episode is for you. Join us today as Mark steps into the lab and shares some different strategies and knowledge on how you can build a passive income by turning a raw land into a profitable business.
HIGHLIGHTS OF THE EPISODE:
KEEPING IT REAL:
NOTABLE QUOTES (KEY LESSONS):
CONNECTING WITH THE GUEST
Website: https://www.thelandgeek.com/
Facebook: https://www.facebook.com/thelandgeek
LinkedIn: https://www.linkedin.com/in/thelandgeek
Instagram: https://www.instagram.com/thelandgeek/
YouTube: https://www.youtube.com/user/TheLandGeek