Mark Podolsky buys land from people that don’t want it and sells it to people who do.
He’s done this over 5,000 times since he started in 2001, and he averages a 300% return on every deal. For example, if he buys a parcel of land for $2,500, he would sell it for $10,000, making a $7,500 profit.
As Mark says:
“There are billions of acres of raw land and only a handful of people doing this.”
So he launched The Land Geek to teach others how to:
“Learn the Art of Engineering Geeky Systems that Create, Grow, and Protect Your Cash Flow.”
When I heard about Mark’s success in land, I had a few questions, and maybe you are wondering these things too:
Who owns land and why do they want to sell it to Mark, and for so little?
Who’s buying this land from Mark and why would they pay 4 times the price?
Why don’t the buyer and seller do this directly? Why do they need Mark to be in the middle?
These and all the other questions you have about buying and selling raw land will be answered by Mark in this episode. But first, let’s hear about Mark’s personal finance story.
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Next week’s guest will be Tyler Sheff from Cash Flow Guys.