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.
[bctt tweet=”The potential can be an incredible cash flow model: generating passive income and financial freedom.” username=”TheLandGeek”]
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
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.
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?