If you’re looking for a real estate investing strategy that doesn’t require dealing with tenants, tools, rent payments while collecting checks, Mark Podolsky may be the mentor you’re looking for. On the Passion for Real Estate Investments podcast, we’ve talked to asset managers, fund managers, and more….but we haven’t talked to a person who bought and flipped real land and turned it into cash.
Mark was so tired of the 45 minute Monday morning commute that he started dreaded Fridays. He was looking for a way to make money where he could control where and how he worked. He found that way when he was introduced to buying and flipping raw deals for pennies on the dollar.
This strategy is what Mark introduces us to in this episode. Mark breaks down his first attempt at buying land with just $3,000 and how he flipped that using tax liens to start getting cash flow. He also walks Fuquan through an investing scenario so you can get an idea of how he is able to turn parcels of land into cash without waiting for rent payments, dropping a lot of money, or building a wall or fixing a leaky toilet.
The system Mark created from his real estate investing strategy allows him to earn cash for less than 2 hours of work. Tune in to learn how to get started!
Highlights from the Interview
- Why real estate investing gives you more time for less money
- How Mark got started in real estate investing with just $3,000
- How he flipped his first tax deeds and got a MASSIVE return
- How he survived the economic downturn in 2008
- Breakdown of Mark’s tax lien investing strategy
- How he survived the economic downturn of 2008
- The 2 major ways people can lose money using Mark’s land investing strategy (and why it’s so hard to even lose money)
- A look at Mark’s automated business strategy that allows him to make money while only working about 2 hours a week!
About Mark Podolsky
Armed with only $3,000, gut-wrenching fear, and absolutely no real estate experience… Mark bought his first few parcels of raw land in 2001.
Today Mark is the author of Dirt Rich, the ultimate guide to helping you build a passive income. and owner of Frontier Properties, a very reputable and successful land investing company, and has been buying and selling land full time since 2001. By focusing on working smart, not hard, he has completed over 5,000 land deals with an average ROI of over 300% on cash flips, and over 1,000% on the deals he sells with financing terms.
Prior to his land investing success, Mark had a high-stress, soulless corporate job, and felt trapped in a state of solo-economic-dependency (i.e. his income stopped as soon as he stopped working).
Escaping solo-economic dependency changed Mark’s life in so many positive ways that he decided to teach, coach and mentor others to help them achieve their financial goals.
Even though Mark invests a lot of his time helping others, he stays actively involved in running his land investing business, and is dedicated to teaching the most current and relevant “real world” land investing methods to his students.