Monthly Archives: August 2016

Student Success With A Scaleable Business And A Virtual Partnership
Aug 25

Student Success With A Scaleable Business And A Virtual Partnership

In today’s episode of The Art of Passive Income, Mark talks with Land Geek coaches Chris Clark and Michael Warren.

Michael teamed up with Chris who crossed paths in the real estate world. They formed a partnership, Stratus Land, and are crushing it!

Chris bought an Airstream travel trailer and committed to living in it full time while travelling the country to check out land and work remotely.

Utilizing online tools and technology is just as productive as sitting next to each other in an office.

To work remotely you will need to:

  • Spend time to get all systems in place so you can automate as much as possible.
  • Map out a deal flow diagram. Identify a process for each individual step.
  • Get enough support. Focus more on system than process.

Chris and Michael are also working on a Due Diligence coaching course. It will be an incredible resource to help others approach research and due diligence—taking their business to the next level.

The potential can be an incredible cash flow model: generating passive income and financial freedom. Click To Tweet

Can a partnership work virtually? Listen in to see how Chris and Michael make it work.

TIP OF THE WEEK

Mark: Here are some geeky time saving tech tips. Download Youtube videos without a downloader by simply inserting “ss” in the URL of the video you are watching. For instance:

  • Original URL: http://www.youtube.com/watch?v=q1w2e3
  • New URL: http://www.ssyoutube.com/watch?v=q1w2e3

To translate your ads into other languages use Google Translate. Also for those phone calls in different languages that you receive, check out ITranslateVoice.com.

And last, but certainly not least…check out TheSimplePostcard.com and send postcards through your phone. Just text a photo to the site’s number and they will send it out for you for only $2.00.

Michael: Different counties will give you a discount on your property taxes if you pay them in advance. Pay attention and reach out to each individual counties and treasurer and see if they offer any sort of discounts on property taxes.

Chris: Get additional information on the property you are about to buy by calling the local sheriff’s department and ask them about the details of the property. They will generally know a lot about the properties in that area.

Read Ask: The Counterintuitive Online Formula to Discover Exactly What Your Customers Want to Buy… Create a Mass of Raving Fans… and Take Any Business to the Next Level by Ryan Levesque.

Follow Chris on Instagram @chrisclark80.

Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Overcoming Setbacks And The Path To Success
Aug 18

Overcoming Setbacks And The Path To Success

In today’s episode of The Art of Passive Income, Mark and Scott talk about the path to success and how it’s not such a straight line. They discuss the sucky parts of the business, setbacks and how to overcome them, recent deals and their experience with defaults.

Don’t focus on the rough spots. Focus on the outcome and you'll move through a lot faster. Click To Tweet

Everybody goes through rough patches no matter what business you’re in, but how do you overcome those obstacles? Scott’s advice is to focus on the things that you can control, not those that you can’t.

A few things you can control in the land business are:

  • County Research
  • How many offers you make
  • Due Diligence
  • Customer Service
  • Marketing
  • Closing Process

This episode is packed full of tips to help you move the needle!

TIP OF THE WEEK

Mark: Read the book The Willpower Instinct: How Self-Control Works, Why It Matters, and What You Can Do to Get More of It by Kelly McGonigal and learn more about the ten second rule and the “I will” and “I won’t” challenge.

Scott: Check out the book JumpStart Your Priorities: A 90-Day Improvement Plan by John C. Maxwell. It will help you focus your time each day working on those things that will help you move the needle in your life.

Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

You Don't Need Real Estate Experience to Flip Land
Aug 11

You Don’t Need Real Estate Experience to Flip Land

In today’s episode of The Art of Passive Income, Mark talks with coaching student Scott Bossman from LandBosses.com.

We hear over and over how student stories are your favorite…and we can see why—real people, real struggles, real success!

Scott talks about his personal journey. How he was a complete newbie when he started with Mark, with no experience in real estate or business. Working a full time job and wanting to spend more time with his family, he was searching for ways to create a passive income when he ran across one of Mark’s podcasts and was hooked. He went home and told his wife Erin, Honey, this is what we are going to do. Now seven months into the program he feels that they are on the right track.

Bootcamp was a validation for me knowing that I was on the right path. Click To Tweet

Learn what Scott finds the most challenging, the most valuable, and what he likes the best and the least about the business. He also talks about his favorite deal and what has helped him save time.

TIP OF THE WEEK

Mark: Use AlternativeTo.net find great alternatives to the current software you are using.

Scott: A great book about managing and prioritizing your time, Procrastinate on Purpose: 5 Permissions to Multiply Your Time by Rory Vaden.

Visit Scott’s Facebook page, Home BASE Properties, LLC.

Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Aug 04

Virtual Real Estate Primer—Learn How To Buy, Sell And Invest

In today’s episode of The Art of Passive Income, Mark and Scott talk with Justin Cooke. Justin is a virtual nomad running a successful business, Empire Flippers—honest website brokers in a not so honest niche.

The boys discuss investing in not only raw land but virtual real estate. Justin shares his story about how he came to be a website broker.

Value is all in perspective, whether it's the seller's perspective or the buyer's. Click To Tweet

If you are looking to invest, digital real estate is a great option! Justin walks us through…

  • how to pick just the right website
  • why you may want to invest in a tougher sell
  • how you can create a passive income with already developed websites
  • outsourcing—working and managing VAs
  • the best platforms for managing VAs
  • the future of virtual real estate

This is an episode you won’t want to miss!

TIP OF THE WEEK

Mark: Make a nice ROI on your time and delve deeper into the transparent and trustworthy world of EmpireFlippers.com in a world of sleaziness. Avoid the muck and go to EmpireFlippers.com.

Scott: Read the book The Automatic Customer: Creating a Subscription Business in Any Industry by John Warrillow and learn how to create a subscription business in your industry.

Justin: Read the book Built to Sell: Creating a Business That Can Thrive Without You by John Warrillow. Learn from a fictional story how to properly manage your business and apply it in real life and improve your business. Also, check out WebEquityShow.com and learn how to buy and close deals on websites.

Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?