Today's Flash Back Friday episode is from #492 that originally aired on Sep. 26, 2022.
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
Connect with Mark Podolsky: https://www.thelandgeek.com/
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.