SPC081 - Fundamentals - Interview with Mark Podolsky - a podcast by Lane Kawaoka, PE
from 2017-11-02T15:27:33
Mark J. Podolsky (AKA The Land Geek) is widely considered the Country’s most trusted and foremost authority on buying and selling raw undeveloped land within the United States. He has been actively investing in Real Estate and Raw Land since 2001 and has completed over 5,000 unique transactions. Mark’s company Frontier Equity Properties, LLC is an A+ rated BBB real estate company.
Topics that are covered in this episode:
• Go on Treasury List to see who owns back taxes
• Unsophisticated come into ownership of raw land
• Buy it at 20-30% value, ensure so encumbrances
• The neighbor's are the first people to buy if not maybe they want to sell theirs and now you have a larger tract
• Use Facebook and craigslist
• Use owner financing
• 3-5% response rate of offers
• All counties are different on how you get land listings
• Use gegolook.com or use craigslist or what three words app
• Facebook buy and sell groups
• Use special warranty deed and full warranty deed
• Blinkist
• Stop being an optimizer once you have your simple passive cashflow number
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