Land investing is often overlooked, yet it offers a lower barrier to entry, making it an ideal starting point for new investors with limited capital. On this episode of Zen and the Art of Real Estate Investing, Jonathan sits down with Mark Podolsky, also known as The Land Geek, to discuss the potential of land flipping as a profitable and accessible investment strategy. With over 5,000 land deals under his belt through Frontier Equity Properties, Mark has mastered buying and selling land without the headaches of tenants, renovations, or repairs. His book, “Dirt Rich,” lays out the blueprint for creating passive income through land deals.
Jonathan and Mark start their conversation by discussing what led Mark to choose land over other real estate assets and why passive income is key to financial security. Unlike traditional real estate, land remains an under-the-radar opportunity, but Mark breaks down how to find raw land, his flipping process, and the potential challenges investors might face. He also shares insights into the ideal personality types for land flipping, the types of buyers interested in land, and how he sources off-market deals.
Mark explains the following more in-depth:
- Mark kept his W2 position until he had some success with land flipping and created a passive income stream.
- Land flipping as an asset class has a lower barrier of entry than others, allowing new investors without much capital to start investing.
- You should never make fear-based decisions.
- Mark has a strategy to help him price land flips successfully by using online platforms and other techniques.
Many people hesitate to invest because they are overwhelmed by the money needed. Mark Podolsky offers land-flipping methods to help you start with less money and more success.
If you want to learn more about Zen and the Art of Real Estate Investing Podcast, check out https://zenandtheartofrealestateinvesting.com/podcast/215/.