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Ep138 Mark J. Podolsky (AKA The Land Geek) is widely considered the Country\\u2019s most trusted and foremost authority on buying and selling raw, undeveloped land within the United States. \\xa0He has been actively investing in Real Estate and Raw Land since 2001, and has completed over 5,000 unique transactions. \\xa0Mark\\u2019s company, Frontier Equity Properties, LLC, is an A+ rated BBB real estate company. \\xa0Mark has achieved this level of success largely due to his core business philosophy \\u2013 \\u201cHappy Customers Guaranteed.\\u201d \\xa0Mark is the host of one of the top rated podcast in the Investing Category on iTunes aptly title The Best Passive Income Model. \\xa0He is also the host of the Land Geek Podcast- Work Smart. Earn More. Learn How.

3 Key Points:

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1. The raw undeveloped land market is an untapped real estate niche that if bought and sold correctly, can generate considerable passive income.
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2. Selling raw undeveloped land doesn\\u2019t require rehab, renters, renovations, or rodent control. It can be done from a computer anywhere.
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3. Life is a numbers game. Don\\u2019t be fearful and take risks when you can.
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Episode Notes:\\xa0

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• 01:00 \\u2013 Nathan\\u2019s introduction to today\\u2019s show
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• 01:53 \\u2013 Mark joins the show
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• 02:39 \\u2013 Bought 160 acres of raw undeveloped land for 6,200$. Sold for 54,000$
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• 03:14 \\u2013 Mark\\u2019s company sends direct offers to land holders that are accepted at a 3-5% rate
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• 04:21 \\u2013 Why selling raw land is an ultimate passive income model
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• 04:50 \\u2013 Specifics on how Mark\\u2019s company turns a profit
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• 06:15 \\u2013 Land investing is an untapped real estate niche that isn\\u2019t intuitively profitable (at first!)
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• 07:15 \\u2013 The business is still dependent on the market
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• 07:37 \\u2013 12% consistent annual returns
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• 09:13 \\u2013 Mark\\u2019s total topline revenue in 2014 was over 1 million dollars
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• 09:21 \\u2013 Mark\\u2019s company\\u2019s passive income exceeds its fixed expenses \\u2013 generating over 20K a month
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• 10:26 \\u2013 Mark\\u2019s company\\u2019s average ROI is over 1000% on owner financing and 300% on flips
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• 11:21 \\u2013 Nathan\\u2019s post-podcast experiment
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• 11:51 \\u2013 Buying correctly, the undeveloped land market is a reliable source of income
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• 12:05 \\u2013 Amazingly most of the work is automated with software for Mark\\u2019s company \\xa0
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• 13:51 \\u2013 The Famous Five
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Related: Want to learn how to go from $0-$10k/mo in revenue fast? Join Nathan live on the Starter Tribe Beta free workshop.

Famous 5

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• Favorite Book?\\u2014 Give and Take by Adam Grant
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• What CEO do you follow?\\u2014 Elon Musk
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• What is your favorite online tool?\\u2014 Voxer
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• Do you get 8 hours of sleep?\\u2014 Yes
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• If you could let your 20 year old self know one thing, what would it be?\\u2014 Don\\u2019t be fearful, be your authentic self, and understand that life is a numbers game. Take risks when you can.
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Resources Mentioned:

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• Growth Geeks \\u2013 The way Nathan hires growth hackers on a per project basis for things like info graphics, blog posts, and other growth projects
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• The Best Passive Income Model Podcast \\u2013 Mark Podolsky\\u2019s podcast.
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• Thelandgeek.com \\u2013 Resource for learning more about the raw undeveloped land market.
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• Voxer \\u2013 Mark\\u2019s favorite communication tool.
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• Elon Musk \\u2013 CEO Mark follows.
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• Give and Take by Adam Grant \\u2013 Mark\\u2019s recommended business book.
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• Want to learn how to go from $0-$10k/mo in revenue fast? Join Nathan live on the Starter Tribe Beta free workshop.
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