Episodes
Wednesday Dec 14, 2022
Mark Podolsky - How to Make Money on Land Flipping
Wednesday Dec 14, 2022
Wednesday Dec 14, 2022
The real estate market has not yet recovered from the financial crisis; this means that for investors who want to get into real estate without large amounts of cash, Land Flipping can be your best option!
As per our guest, Mark Podolsky, AKA The Land Geek and the author of Dirt Rich, you can create a money machine in real estate without renters, rehabs, rodents or renovations.
Join us on this episode as he helps us achieve our greatest financial and life goals by providing us with the most effective and efficient land investing practices.
Don’t miss this amazing episode!
What we learned from Mark Podolsky in this episode:
- How Land Flipping can yield you up to 300% return on your investment.
- Why buying and selling raw lands is a great business model.
- The feasibility of buying and selling raw land in Canada.
- The book “Dirt Rich: How One Ambitiously Lazy Geek Created Passive Income in Real Estate Without Renters, Renovations, and Rehabs”
- The lifestyle hit of a real estate investor.
- How to be a "Mindful" real estate investor.
Success Quotes:
"You should be like a duck. They're really calm on the surface but they're fiercely paddling underneath.” -Mark Podolsky
“The ultimate goal is to have both to help them serve and create an incredible legacy for yourself, help others, but at the same time, enjoy every moment of it while you're doing it.” -Mark Podolsky
Timestamp:
00:00 - Intro
01:00 - Mark talks about a little bit about his journey through life that has led him to become a real estate investor.
03:08 - Mark shares how buying and selling raw land led him to discover his passion.
05:06 - Mark talks about his business model.
10:21 - Mark discusses the feasibility of buying and selling raw land in Canada.
12:20 - Mark introduces his book Dirt Rich (and its upcoming updated version) and how it illustrates his struggle during the 2008 Financial Crisis.
16:59 - Mark describes the lifestyle changes he had to make when he began his journey in real estate investing.
19:10 - Terrie and Mark compare what true wealth is versus what is rich (and what it takes to be a “Mindful” investor).
21:55 - Mark discusses things we aren't talking about in the real estate industry that we should.
28:54 - Outro
Connect with Mark Podolsky here:
LinkedIn: https://www.linkedin.com/in/thelandgeek/
Website: https://www.thelandgeek.com/
Mark’s book: https://www.amazon.com/Dirt-Rich-Ambitiously-Created-Renovations/dp/1544510772
Connect with Us:
Facebook Page: https://www.facebook.com/restateinvestorsclub/
Email: reic@clubimmobilier.ca
Axel Monsaingeon’s LinkedIn: https://www.linkedin.com/in/axel-monsaingeon-42577b28/
Axel Monsaingeon’s Instagram: https://www.instagram.com/monsaxel/
Terrie Schauer’s LinkedIn: https://www.linkedin.com/in/terrieschauer/
Terrie Schauer’s Instagram: https://www.instagram.com/terrieschauer/
Terrie Schauer’s “Mindful Landlord” book: https://mindfullandlord.com/
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