Monthly Archives: May 2016

The One Thing You Should Do When Starting Out In Business
May 26

The One Thing You Should Do When Starting Out In Business

In this episode of The Best Passive Income podcast, Mark talks with Jefferson Lilly—ParkStreetPartners.com. Jefferson is a self-made millionaire and mobile home park investment expert, educator, and industry consultant who has been featured in The New York Times, Bloomberg Magazine, and on the Real Money television show.

Jefferson provides affordable housing to help people become homeowners. He tells us why he chose mobile home parks and how it’s structured so that you don’t have to put much time or money into it, making it a true passive income!

We also discuss:

  • The parts of the business that suck
  • Managing the parks
  • Using outside capital

Want to know more about this lucrative scale-able extension of the land niche?

Maintaining land is dramatically less expensive than trying to maintain improvements. Click To Tweet

Listen in as we delve into mobile home park investing!

TIP OF THE WEEK:

Mark: Go to IFTTT.com to automate searches. And also, learn more about Jefferson Lilly at ParkStreetPartners.com.

Jeff: Go to SearchTempest.com—a website that goes out and prowls through both Craigslist and eBay where you can type key words and find them.

Thank you for listening to the Best Passive Income Model podcast. Your support helps me to invite guests who share their knowledge that you can use to grow your business.

Making Millions on Delinquent Tax Investing with Jack Bosch
May 19

Making Millions on Delinquent Tax Investing with Jack Bosch

In this episode of the Best Passive Income Model Podcast, Mark talks to a fellow tax delinquent land investor, Jack Bosch—JackBosch.com.

Jack, who is an immigrant from Germany, came to the US in 1997 with two suitcases, student debt, and zero knowledge on buying and selling real estate. Three years later he fell into land investing and has developed a system that has made him millions from 3,800 deals!

He has also written an Amazon #1 seller with his wife, Michelle—Forever Cash: Break the Earn-Spend Cycle, Take Charge of your Life, Build Everlasting Wealth.

Jack shares his story with us and delves into:

  • Working with his wife
  • Why there isn’t a big pool of land investors
  • His best deal
  • What he thinks the future holds for land investors

Plus, did being an immigrant give him an advantage?

Listen in for for his answer and as we dig deep into the land niche!

TIP OF THE WEEK

Mark: Go to MyOpenPath.com if you’re interested in tax delinquent investing. If you’re interested in going even deeper and going into land investing, Jack Bosch has a one stop shop for it for a few bucks for month. You can get mini courses and test-drive everything. He has 10 modules on house flipping and a 16- module tax lien course. Get forever cash!

Jack: For house investors, go to the CommunityBuyingGroup.com, they pooled power for multiple buyers and they get discounts from outlets such as Office Depot. You might be able to join for free.

Thank you for listening to the Best Passive Income Model podcast. Your support helps me to invite guests who share their knowledge that you can use to grow your business.

Raising Funds And Crowd Funding Basics With Heath Binder
May 12

Raising Funds And Crowd Funding Basics With Heath Binder

 

In today’s Best Passive Income Model podcast, Mark talks with Heath Binder—head of investor relations for RealtyMogul.com. Heath is a crowd  funding expert and in just two years, he has helped raise over $180,000,000!

Heath shares his journey from real estate to private wealth management, and finally to real estate crowdfunding.

Listen in as we talk about:

  • The definition of an accredited investor
  • The benefits on an online platform like Realty Mogul
  • Why choose a crowdfunding platform over your family and friends network
  • Capital raising tips

One of the most important tips, which is applicable no matter what type of business you’re in, you want to have a real sense of transparency. You need to establish trust with the people who are gonna give you their business.

Also, Heath doesn’t view investors who pepper him with due diligence questions as an impediment but rather as a learning process for his junior guys.

That can also be said for land investing, whether you’re a newbie or seasoned investor—we all may prefer easy, problem free due diligence, but the learning comes from the ones that make you work! Don’t look at it as a hindrance, but an opportunity for growth.

There is a lot of great information about real estate crowdfunding in this episode. Plus, commendable business practices for building a creditable business!

Listen in now for all the details!

TIP OF THE WEEK

Mark: I recommend learning more about RealtyMogul. It’s not a bad place to park your money with ROI averaging at about 9%.

Heath: I recommend Happiest Baby on the Block by a doctor named Harvey Karp. I also recommend checking out FiveThirtyEight.com for the latest news on the elections. Finally, go check out TechnologyInvestor.com.

Thank you for listening to the Best Passive Income Model podcast. Your support helps me to invite guests who share their knowledge that you can use to grow your business.

May 05

Building a Successful Blog with Leslie Samuel

lesliesamuels thelandgeek

In today’s episode, Mark Podolsky, the Land Geek, talks to Leslie Samuel, former university professor and creator of becomeablogger.com and interactive biology blogs. His passion for education has led him on a mission to change the world one blog at a time. With a simple message of creating content, inspiring others, he is changing the world while building a solid online business.

When he started to do research for his biology blogs, he saw that the other biology blogs were boring and made him yawn. He remembers getting his start with 400 people until he was able to build his community to 15,000 to 20,000 people a month. In the last month alone, he was able to get 95,000 to that blog and he hasn’t even touched his blog for years! His blog gave him the chance to teach what he wanted to teach and it eventually landed him a job as a professor.

To build his blog, he says he used a combination of a number of different things. He put his videos on YouTube, the number two search engine in the world and leveraged that platform. He also said he was specific with the way he came up with titles for his videos. He says when people need information, they search and once they find content, if it’s good content, they’ll subscribe and start looking for other videos. Eventually, YouTube is going to see that and start recommending your videos as you’re searching. He also did “Strategic Outreach” where he approached other sites and bloggers in the same niche and formed alliances with them. This created a ripple effect for him. Essentially, blogging is about creating good content, putting it out there, making sure it’s written from a unique angle, and getting the right people exposed to it.

When asked what good content was, Leslie says it depends on your target audience and having an understanding of who you want to reach. It is content that helps a specific person accomplish a specific goal or overcome a specific struggle but does it in a way that resonates with that person.

When identifying your target audience, Leslie suggests that you have to know exactly who you are trying to reach. The narrower that niche is, the better and it is because if you know exactly who your audience is down to a tee and you create content that’s just for them, when the person finds you, they will know that the content you are creating is just for them. Make a list of questions that your target audience may have and start answering those questions by creating your blog post, which may consist of content, videos, or podcasts. Help your target audience accomplish their goals. Knowing and understanding the language they speak is also important.

Leslie also makes sure he has written content. He even has someone transcribe his video so that he could have written content that Google will send a ton of traffic for because it’s indexing the written content. Choosing the medium that resonates with your audience is important.

Leslie Samuel 655x249(2)Monetizing your blog can take the form of affiliate marketing. This entails signing up with a company that has a product or service for sale, featuring the product or service on your website, and getting commissions from those sales. Then eventually, you can start creating your own products such as a course or an ebook.

Getting a person’s email address is difficult but Leslie says that once you have their email address, you can start nurturing that relationship with them. In that relationship, once people get to know you, trust you, and see you as an authority in whatever niche you’re in, they’re more likely to buy from you. Building an email list is one of the most important things to do when building an online business.

Email marketing is not dead, according to Leslie. He still thinks it’s one of the most effective way to drive sales. He says it’s more effective than social media and just about any other that we see out there. This, combined with webinars, are Leslie’s way of promoting his blog. Webinars with a good email follow-up sequence make sales go through the roof.

On getting exposure and traffic, being in all the social media networks may not be the solution. He suggests that you pick one and master it. Choosing one social media network and focusing on it is effective and that is how you can make an impact in the noisy world we live in.

When asked if Mark had the Best Passive Income Model, Leslie said it was the Best Passive Income Model for Mark.

TIP OF THE WEEK

Leslie: Read No Excuses by Brian Tracy. It doesn’t just go through the psychology and all that stuff but it also gives you actionable steps you can take. For me, the book was a game changer.

Mark: Learn more about Leslie and go to becomeablogger.com where he’s creating a ton of value.

Thank you for listening to the Best Passive Income Model podcast. Your support helps me to invite guests who share their knowledge that you can use to grow your business.