Mark Podolsky, Author at The Land Geek

In this episode of Coffee Talk with the Land Geek, Mark Podolsky discusses the risks of Tax Lien Investing.

It is a phenomenal strategy, which will allow you to make a higher return on your investment, without all the headaches of renters, rehabs, renovations, and rodents. You can make an average of 2-24% on your money.

However, there are risks that come with Tax Lien Investing.

In the due diligence, if you buy a tax lien but you find out it’s a piece of raw land and the owner has no intention of paying off the tax lien, you’re not going to make money on the tax lien. The property might have to be foreclosed. This can be avoided if you purchased the property straight from the owner. Do you want the property in case you have to foreclose on it?
There might be code enforcements that are in place. It may include taking care of the upkeep of the property and paying municipal fines. These can destroy your returns.
There might be Government Arrears. You might find out that you’re not even the rightful owner of the tax lien.
Legislative and Court Rulings change all the time. These changes in the law may render your tax lien useless or puts it in jeopardy.
The tax lien owner may file for bankruptcy.

You can make 300% to 1,000% on a cash flip or owning the land. You do a little more work if you market the property and sell it but it’s not that difficult. You still have to spend the same amount of time doing due diligence on the tax lien to make 16%.

To learn more, go to https://www.thelandgeek.com where you can find the Passive Income Model Blueprint, get our e-book “How to Avoid the Three Land Buying Mistakes,” and you can get the Best Passive Income Model Podcast delivered each week to your inbox.

Want to learn how to flip land? Get The Passive Income Launch Kit today for $7.00 ($97 Value) at http://bit.ly/1E6KIOu

Invest in Wholesale land at http://www.frontierpropertiesusa.com/

Todd Tresidder on Wealth Building Equation in Life

In this episode of the Best Passive Income Model, Mark chats with Todd Tresidder, founder of financialmentor.com. Tresidder has been a serial entrepreneur since childhood and made his money from the use of his expertise in statistics and risk management systems in managing hedge funds. Bringing technology to the investing space has allowed him to retire at the age of 35.

Listen in as Mark and Todd discuss:

how Todd helps change people’s lives, the different ways to look at and apply the wealth building equation in life
how you can apply Todd’s model into your wealth plan, his quantitative approach to investing, what to look out for when investing in real estate, the different ways of skinning the wealth building cat, and ultimately enjoy and live life.

Todd shares his knowledge without the technobabble and giving realistic advise on investing that will help you attain financial freedom, allow you to transform your life, and gain personal fulfillment. He also shares the lessons that he learned, the sacrifices he had to make, and his journey to having a passion business that he is doing today.

Todd also shares his take on real estate and the advantages of investing in it, the false truth of “buying the dip,” about forecasting, and its lack of redeeming value. His advice about being in the real estate business is that you have to know what you’re doing and you have to understand market truths. When asked about how to get financial freedom, he says you just have to take your lumps and do it…live your life. Pay for something that will only put more money in your pocket than it costs you.

When asked if Mark has the best passive income model, Todd gives very interesting points to ponder such as the percentage of offers that get accepted, if there is a smooth business model that doesn’t take up too much time, cost structure knowledge, and knowledge of margins.

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

If you’d like to help out the Land Geek Community, please rate, review, and subscribe to the podcast on iTunes.

Tip of the week:

Todd: Get the Retirement Calculator that we’ve discussed here: http://financialmentor.com/calculator/best-retirement-calculator Also, the book we discussed is here: www.amazon.com/dp/B0093CPJ9S/

Mark: Learn more about Todd and the Financial Mentor here: http://financialmentor.com/

In this episode of the Best Passive Income Model Podcast, Mark chats with David Ralph from JoinUpDots.com.

Take massive action and connect the dots as you listen in as Mark and David discuss success, passion, and living the dream!

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

If you’d like to help out the Land Geek Community, please rate, review, and subscribe to the podcast on iTunes.

Tip of the week:

David: StayFocusd a chrome app to increase your productivity by limiting the amount of time that you can spend on time-wasting websites and Vocaroo.

Mark: Learn more about David Ralph and Join Up Dots Podcast and PodcastersMastery.com.

In this episode of the Best Passive Income Model Podcast, Mark chats with Chad Carson the Renaissance Man; passionate student of real estate, business, money, and life.

Listen in as Mark and Chad discuss about real estate, systems, and year-long sabbaticals…designing the life you want!

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

If you’d like to help out the Land Geek Community, please rate, review, and subscribe to the podcast on iTunes.

Tip of the week:

Chad: Read Your Money or Your Life.

Mark: Learn more about Chad Carson and his zen way of investing in real estate at CoachCarson.com.

In this episode of the Best Passive Income Model Podcast, Mark chats with Danny Johnson, house flipping expert.

Listen in as Mark and Danny discuss house flipping and land investing…will Mark be persuaded to flip houses?

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

If you’d like to help out the Land Geek Community, please rate, review, and subscribe to the podcast on iTunes.

Tip of the week:

Joanne: www.Trello.com. Trello is an online sort of application thing for productivity and it’s sort of… it’s almost like to-do lists on steroids.

Mark: Learn more about Danny Johnson and go to www.FlippingJunkie.com, and check out Danny’s podcast, The Flipping Junkie podcast.

In this episode of the Best Passive Income Model Podcast, Mark chats with Joanne Musa aka Tax Lien Lady from TaxLienLady.com.

Listen in as Mark and Joanne talk about Tax Lien Investing…the ins and outs, the secrets, and find out the BEST place to invest!

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

If you’d like to help out the Land Geek Community, please rate, review, and subscribe to the podcast on iTunes.

Tip of the week:

Joanne: Check out my FREE video series here!

Mark: Get Joanne’s book, Tax Lien Investing Secrets and learn more about Joanne at TaxLienLady.com.

In this episode of the Best Passive Income Model Podcast, Mark chats with Clint Coons from AndersonAdvisors.com

Listen in as Mark and Clint talk about asset protection and tax planning specifically for real estate investors.

Clint also has a special offer for The Land Geek Community! Click here to get your FREE Asset Protection Blueprint Consult. (A $250 value!)

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

If you’d like to help out the Land Geek Community, please rate, review, and subscribe to the podcast on iTunes.

Tip of the week:

Clint: Check out my blog that’s specifically geared toward real estate investors from a tax or asset protection point of view and it’s not a selling thing. It’s just straight up information and strategies that you can utilize in your investing to make sure that you’re setting it up properly.

Mark: Go to AndersonAdvisors.com the one stop shop for your legal business and tax needs. Click here to get your FREE Asset Protection Blueprint Consult. (A $250 value!)

In this episode of the Best Passive Income Model Podcast, Mark chats with Mike Michalowicz.

By his 35th birthday, Mike had founded and sold two multimillion-dollar companies. Confident that he had the formula of success, he became an angel investor and then proceeded to lose his entire fortune. But, he didn’t let that keep him down. He started over again and this time he was driven to find better ways to grow healthy, strong companies among other innovative strategies. Mike is now running his THIRD million dollar venture.

Fear is a great motivator to get you up at 4:00 in the morning and work until 4:00 the next morning.
Mike Michalowicz

Listen in as Mike talks about his beginnings and why it’s so important not to let your ego get in your way.

The guys also delve into:

Building systems
Achieving repeatability for success
Recognizing opportunities for growth

Plus, we dig deep into Mike’s three books:

And, find out how The Pumpkin Plan influenced and strengthened Mark’s marriage!

All of this and so much more on today’s episode of, The Best Passive Income Model podcast!

TIP OF THE WEEK

Mark: Learn more about Mike at MikeMichalowicz.com.

Mike: Todoist the best platform to create, track, and prioritize tasks efficiently.

Prefer To Read The Podcast? Click Here!

In this episode of the Best Passive Income Model Podcast, Mark chats with Scott Todd. Mark and Scott are ON FIRE! Are you Team Mark or Team Scott?

This is the year to go BIG. They are 10xing everything! Friendly competition at its best…Mark and Scott chat raw land, their new podcast (The Art of Passive Income), and fierce competition; be sure to follow Mark on Twitter @TheLandGeek and Scott @BSTodd.

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

If you’d like to help out the Land Geek Community, please rate, review, and subscribe to the podcast on iTunes.

Tip of the week:

Grant: Mac users, sometimes you need Windows but who wants a PC? The solution is a Lenovo Stick, and then be sure to load it with TeamViewer.

Mark: Cinder.com is a great alternative to quickly get a single page website up, plus it’s free. Visit Scott at LandModo.com.

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