Today’s REI Classroom Lesson
Today, Mark Podolsky discusses the benefits of buying land as opposed to homes that need rehabbing and tenants.
REI Classroom Summary
Investing in raw land can not only provide great returns, but is also is a niche that has little competition.
Listen to this REI Classroom Lesson
Real Estate Investing Classroom Show Transcripts:
Mike: Welcome back to the FlipNerd.com REI classroom, where experts from across the real estate investing industry teach you quick lessons to take your business to the next level. And now, let’s meet today’s expert host.
Mark: Hey, it’s Mark Podolsky, The Land Geek, TheLandGeek.com. If you can’t tell, I’m actually walking and talking on my track desk, the treadmill desk. Let’s face it, sitting is the new smoking, because we all have short attention spans, I want to go through this really quickly, why I invest in raw land.
Mike: This REI Classroom real estate lesson is sponsored by VirtualStaffNow.com.
Mark: I think it’s going to be very interesting because typically, nobody thinks about raw land because the biggest land owners are typically billionaires. But in our niche, we’re able to acquire land, 23 cents on a dollar, and make unbelievable returns.
I want to talk about just why I even invest in raw land. Number one, it’s an asset that can’t be stolen or destroyed. Then number two, the landmark, it has low competition. You don’t go on HGTV or DYI Network and see Flip This Land. Number three, it can’t vanish into thin air, like shares of Enron stock. It’s a real asset. And number four, is we can make land cash flow and get passive income.
Now, the way we do that is very simple, but what’s nice about this model is that we have a one-time sale, recurring income without any renters, without any rehabs, without any renovations, without rodents. So the simplicity of land is phenomenal. It’s migraine-free real estate investing. We don’t have to worry about Dodd-Frank, the Safe Act or RESPA, because land is exempt. Why is land exempt? Because we’re not dealing with a tenant.
To recap, why do I love my landage? Number one, not competitive. Number two, can’t be stolen or destroyed, nothing to protect, nothing to maintain. Number three, not glamorized by television shows. And number four, we can make this cash flow and we don’t have any owner risk government legislation that we have to worry about.
Anyways, this is Mark Podolsky, The Land Geek, on the treadmill desk. I want to thank everybody for your valuable time, and I’ll see you next time.
Mike: VirtualStaffNow.com is the leading virtual assistant provider for real estate investors. As busy real estate investors, there’s nothing more valuable than our time and VirtualStaffNow.com not only helps you find the right real estate virtual assistant for your business, they train them on an ongoing basis, manage them daily to make sure they’re staying productive and effective. In the event they’re not the right fit or need to be replaced, they handle that for you too. Whether you need 1 or 100 virtual assistants for your team, start the process right now at VirtualStaffNow.com.
Please note, the views and opinions expressed by the individuals in this program do not necessarily reflect those of FlipNerd.com or any of its partners, advertisers, or affiliates. Please consult professionals before making any investment or tax decisions, as real estate investing can be risky.
Are you a member yet of FlipNerd.com, the hottest real estate investing social community online? If not, you can join for free in less than 30 seconds and get access to hundreds of off-market deals, vendors in your market to help you in your business, and you can start networking with thousands of other investors just like you. Get your free account now at FlipNerd.com.
Please check out the FlipNerd family of real estate investing shows, where you can access hundreds of expert interviews, quick tips, and lessons from leaders across the real estate investing industry. They’re available at FlipNerd.com/shows, or simply search for “FlipNerd” in the iTunes store.
Mark: Hey, it’s Mark Podolsky, The Land Geek, TheLandGeek.com. If you can’t tell, I’m actually walking and talking on my track desk, the treadmill desk. Let’s face it, sitting is the new smoking, because we all have short attention spans, I want to go through this really quickly, why I invest in raw land.
Mike: This REI Classroom real estate lesson is sponsored by VirtualStaffNow.com.
Mark: I think it’s going to be very interesting because typically, nobody thinks about raw land because the biggest land owners are typically billionaires. But in our niche, we’re able to acquire land, 23 cents on a dollar, and make unbelievable returns.
I want to talk about just why I even invest in raw land. Number one, it’s an asset that can’t be stolen or destroyed. Then number two, the landmark, it has low competition. You don’t go on HGTV or DYI Network and see Flip This Land. Number three, it can’t vanish into thin air, like shares of Enron stock. It’s a real asset. And number four, is we can make land cash flow and get passive income.
Now, the way we do that is very simple, but what’s nice about this model is that we have a one-time sale, recurring income without any renters, without any rehabs, without any renovations, without rodents. So the simplicity of land is phenomenal. It’s migraine-free real estate investing. We don’t have to worry about Dodd-Frank, the Safe Act or RESPA, because land is exempt. Why is land exempt? Because we’re not dealing with a tenant.
To recap, why do I love my landage? Number one, not competitive. Number two, can’t be stolen or destroyed, nothing to protect, nothing to maintain. Number three, not glamorized by television shows. And number four, we can make this cash flow and we don’t have any owner risk government legislation that we have to worry about.
Anyways, this is Mark Podolsky, The Land Geek, on the treadmill desk. I want to thank everybody for your valuable time, and I’ll see you next time.
Mike: VirtualStaffNow.com is the leading virtual assistant provider for real estate investors. As busy real estate investors, there’s nothing more valuable than our time and VirtualStaffNow.com not only helps you find the right real estate virtual assistant for your business, they train them on an ongoing basis, manage them daily to make sure they’re staying productive and effective. In the event they’re not the right fit or need to be replaced, they handle that for you too. Whether you need 1 or 100 virtual assistants for your team, start the process right now at VirtualStaffNow.com.
Please note, the views and opinions expressed by the individuals in this program do not necessarily reflect those of FlipNerd.com or any of its partners, advertisers, or affiliates. Please consult professionals before making any investment or tax decisions, as real estate investing can be risky.
Are you a member yet of FlipNerd.com, the hottest real estate investing social community online? If not, you can join for free in less than 30 seconds and get access to hundreds of off-market deals, vendors in your market to help you in your business, and you can start networking with thousands of other investors just like you. Get your free account now at FlipNerd.com.
Please check out the FlipNerd family of real estate investing shows, where you can access hundreds of expert interviews, quick tips, and lessons from leaders across the real estate investing industry. They’re available at FlipNerd.com/shows, or simply search for “FlipNerd” in the iTunes store.
