The Art of Passive Income

David Osborn is the owner of the fourth largest residential real estate company in the country. He is the founder of GoBundance and is a New York Times bestselling author. David did not achieve his success overnight. His road to success started with the one drive he had, which is to live a life of freedom. After graduating college, David worked for a year and then sold all his possessions to hitchhike around the world. He later returned home with no money and he was in debt. His mother offered him a job to work for her in real estate which he agreed to do temporarily to pay off his credit cards, now twenty-seven years later, David is still in real estate and thriving.Focused on financial freedom, David found himself an accountability partner, Pat Hiban, and later included Tim Rhode to help plan, execute and achieve their goals. This accountability system eventually led to the idea of GoBundance, a tribe of individuals looking to make the most of life through accountability and transparency. Listen in today as they discuss:Personal accountability, transparency and authenticityThe importance of constant learning and growthChoosing the right crowd and environmentCreating balanceExperimenting to find the business that suits youIf you really want to be successful usually you're born with certain things that work and certain things that don’t work and the way you get into harmony with what works is by shedding the part that doesn’t work. ~ David OsbornTIP OF THE WEEK:Mark: My tip of the week is davidosborn.com, it's a great place to start making a significant difference in your life.Scott: Check out columns.me, you can literally create a checklist for projects, people.David: You have to have a flight plan for your life, you have to have a goal for your life. My favorite goal book right now is Automic Habits by James Clear. We have a goal template at the goaltemplate.com. The reality is you have to choose something, and if you choose nothing you get what you get, you don't throw a fit because you choose nothing. You have to choose and get after it hard and then make detours and adjustments along the way. My advice is go to a coffee shop and get a journal you're inspired by and turns you on, and write what you want to manifest in 2020, in the next 5 years. Put it together in a series of goals and be held accountable to what you created.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Joining Mark this week are:Erik PetersonMike ZainoMimi SchmidtScott ToddListen in as they discuss what their preferences are with offer letters from a sales perspective. The Land Geeks also discuss how they help others avoid getting overwhelmed and focus on the current deals at hand. Plus, Scott gives an update on the new features that will be implemented in LG Pass.TIP OF THE WEEKMimi: My tip of the week is this website ezgif.com, it's a video to jpeg. What you do is you go watch a video and see what part of the video that you want to make pictures out of. It gives you an opportunity from what seconds you wanted to start and you wanted to end, then you press the button and it creates all these pictures. The quality of the pictures are actually okay.Are you ready to learn more about land investing? Just click HERE to schedule a call.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Rock Thomas is an author and entrepreneur who is currently running several successful businesses and six award-winning RE/MAX franchises.Starting from a small farming community, he used his resourcefulness and drive to make his success, shaped by countless life changing experiences. Rock sought personal growth through mentorship, having traveled the world to study alongside Tony Robbins, Deepak Chopra, Stephen Covey and more.Now, Rock teaches others how to become “whole life millionaires” by sharing strategies to help people increase their success, happiness and wealth.Listen in today as they discuss:Overcoming not feeling like you’re enoughCreating focus in your dayHow to avoid self-sabotageAccessing and re-shaping your inner narrativeWhole-life-success is about not giving up your health and not giving up your relationships at the expense of your success. Having a belief you can have it all and that you'll work toward that. ~ Rock ThomasJoin us now as Rock breaks down his experiences and provides a step-by-step approach on how you can recuperate from hitting the lowest point in your life, losing your identity and feeling undervalued by others to becoming a powerful force to be reckoned with. TIP OF THE WEEK:Mark: My Tip of the Week is a book called Total Freedom by J. Krishnamurti, it talks a lot about what Rock Thomas talks about. Also, learn more at rockthomas.com.Scott: Check out this app called Momentum, givemomentum.com, it’s like IFTTT. This app basically takes your life and makes the giving automatic.Rock: I have my own podcast called The I Am Movement so go check that out at rockthomas.com/podcast. Go to rockthomas.com and get my free book called The Power of Your Identity and start the process, the Five Steps to changing your identity. Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Joining Mark this week are:Erik PetersonScott BossmanMimi SchmidtTate LitchfieldScott ToddListen in as they discuss challenges they have faced with difficult land buyers and the approaches they use to handle these encounters. Also, the Land Geeks give advice on how to handle a tough and undecided buyer in the buying process.TIP OF THE WEEKMark: My tip is a really good book to read, Difficult Conversations, it really does apply to what we're talking about and another quick tip is when you're talking to people and they are difficult and you don't want to work with, never ever start it with a YOU always start with I. Always make it about yourself.Mimi: For all of the Facebook MarketPlace Sellers, the number of views are back. If you go to the selling section, it will show your all of you market place ads and have the title, and it will say list to market place and it will say the number of views. Now, you can track your metrics.Are you ready to learn more about land investing? Just click HERE to schedule a call.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Tom Wheelwright, CPA—WealthAbility.com, educates us on overlooked tax benefits for business owners. He shows us that by following the tax law, you can not only reduce your taxes, but also build wealth.Tom is the visionary and best selling author behind multiple companies that specialize in wealth and tax strategy. He is also a leading expert and published author on partnerships and corporation tax strategies, a well-known platform speaker, and a wealth education innovator.Donald Trump selected Tom to contribute to his Wealth Builders Program, calling Tom “the best of the best.” Robert Kiyosaki, bestselling author of Rich Dad Poor Dad, calls Tom “a team player that anyone who wants to be rich needs to add to his team.”In his best selling book Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes, Tom shows entrepreneurs and investors how to build massive amounts of wealth through practical and strategic ways to permanently reduce taxes.A self-admitted tax nerd, Tom says that by looking at taxes in a positive way he has found many nuggets in the tax law and he is going to share some of those nuggets with us today. “The more profitable you are, the less tax you should pay.”Listen in as we delve into:Incentives that people are overlookingThe game changing tax shift in 2017Tax opportunities in landMaximizing the benefits of employing your childrenWhere Tom says the magic happens from a tax standpointAnd, so much more! Don’t keep missing out on tax benefits year after year, listen in to today’s show as Tom gives us a ton of tips, advice, and examples that may have you looking at your taxes in a whole new light! “The best return on investment is going to be in your own business, always.”TIP OF THE WEEKMark: My tip of the week is go to WealthAbility.com. Schedule a call with Tom Wheelwright and see how they can get your tax liability down and how you can build your wealth.Scott: My tip is to help people see the trends, check out the website ExplodingTopics.com. What's cool about it is you can change it by topic, by category, by period, by month or whatever. You can get into the insights of what people are searching or thinking about.Tom: Check out the book, Get A Grip: How to Get Everything You Want from Your Entrepreneurial Business, by Gino Wickman & Mike Paton. These guys created a system called EOS (Entrepreneurial Operating System). It's a very simple system for getting things done. It’s a great story of a company that found themselves struggling and what they did in order to get out of that.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Joining Mark this week are:Erik PetersonScott BossmanMike ZainoMimi SchmidtTate LitchfieldScott ToddListen in as they discuss if wholesalers should charge a documentation fee when cutting a deal and if it is bad to negotiate a wholesaling deal on a property. The Land Geeks also gave an update on how their businesses are performing in this pandemic. TIP OF THE WEEKMimi: My tip of the week is... Simplifile put out a press release, that they have opened up about 55 new counties in the south and in the east, go speed up your processes in these counties that you're in. Check them out HERE!Are you ready to learn more about land investing? Just click HERE to schedule a call.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Our guest, Nir Eyal, says the key to becoming Indistractable is to control your attention and today, he is going to show us just how to do that.Nir writes, consults, and teaches about the intersection of psychology, technology, and business. The M.I.T. Technology Review dubbed Nir, "The Prophet of Habit-Forming Technology."Nir founded two tech companies since 2003 and has taught at the Stanford Graduate School of Business, which he himself also attended along with Emory University. Nir has also taught at the Hasso Plattner Institute of Design at Stanford.He is the author of two bestselling books, Hooked: How to Build Habit-Forming Products and Indistractable: How To Control Your Attention And Choose Your Life. In addition, Nir blogs at NirAndFar.com and his writing has been featured in The Harvard Business Review, Time Magazine, and Psychology Today. On today’s show, we are going to dig deep into the premise behind Indistractable. But first, Nir rewinds the tape and gives us the synopsis of his book, Hooked—building good habits using the same psychology that companies like Facebook use to get it’s users hooked. Then, Nir breaks down the meaning of indistractible by looking at its opposite meaning and then walks us through his four-step process to becoming Indistractable. Listen in as the guys delve into:Making an implementation intentionWhy prioritizing and to-do lists are a waste of timeThe dangers of liminal momentsMastering your internal triggersRaising indistractable kids“We need to come to grips with the fact that all human behavior is prompted by desire to escape discomfort.”Find out why Nir says that you shouldn’t avoid checking Facebook, Google, or other technology that some critics tell us we should quit using, as long as you use them on your schedule and not the app makers. “If you don't know what you're going to do with your time everything is a distraction. So the idea here is you can't call something a distraction unless you know what it distracted you from.”Also, find out Nir’s answer to Scott’s question—I agree that everything is driven by us trying to get out of situations. So a lot goes along that same mindset with achieving success. In our case, people who are trying to get going in real estate investing. What happens is if you don't have that burning desire, you're probably not going to get the levels that you want. How can you use what you're teaching and have somebody create that burning desire or how can you leverage this to get the results that you want?Resources MentionedTimebox CalendarDistraction GuideWin a Copy of Indistractable!Nir has generously offered a copy his book to one of The Art of Passive Income listeners . Watch for details in The Official Motivation & Wealth Creation free Facebook group!TIP OF THE WEEKMark: My tip of the week is learn more at Nirandfar.com and check out Nir’s book Indistractable: How to Control Your Attention and Choose Your Life.Scott: Check out Cocoon.com—a private social network to help stay less distracted in the big social medias.Nir: “The antidote to impulsiveness is forethought; procrastination, destruction this is the problem of impulsiveness.” This is when we do something in the moment we later regret. The idea here is to plan ahead, have a system to master the internal triggers, to make time contraction, to hack back the external triggers, and prevent distraction.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Joining Mark this week are:Erik PetersonScott BossmanMimi SchmidtMike ZainoTate LitchfieldScott ToddListen in as they discuss:How they manage their buyer’s listThe strategies they use for excellent email marketingSegmenting and optimizing their listsThe platforms they use for email marketingAnd more!Tune in for an update on how their land businesses are performing during this pandemic and for advice on how to maximize your deal of the week campaign. Also a fantastic offer awaits at the end of this episode. Listen in to learn more!TIP OF THE WEEK: Mimi: My tip of the week is an article from the Land Think website, it's called How is the COVID-19 Pandemic Impacting Recreational Land Sales. It talks about how more people now are doing closings online through Zoom and all the tools that we've always used. It's an interesting article. View it HERE.Are you ready to learn more about land investing? Just click HERE to schedule a call.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Our guest today is going to tell us how she went from a negative net worth to building up a multi-million dollar empire in multifamily rentals. Join us as we talk with Anna Kelley, the founding partner of Zenith Capital Group, Apex Multifamily and REImom.com. Anna’s a former top ranked financial relationship manager for a private bank and began investing in real estate 20 years ago. Since, she has purchased, renovated and rented millions of dollars of real estate across numerous asset classes while working full-time and raising four active children. She recently retired from her corporate career after creating financial freedom through rental properties investing and currently has ownership and manages a rental portfolio valued at over $60 million and has invested in over 1000 doors as a Limited Partner. An Amazon best-selling author, a speaker, and a mentor... Anna Kelly is one busy lady!Starting out as a landlord by necessity with a negative net worth, Anna walks us through her journey and how she made it through the recession to slowly and steadily build her portfolio up to replace her six-figure income that would allow her to retire.“I started investing in real estate a long long time ago. For those that think real estate is a get rich quick scheme, it’s definitely not. I have definitely played the long game and it’s just finally paid off.” Anna admits that finding money in the beginning to keep scaling and growing after their first initial purchase was not easy. So, along with her husband, they put in the time and they educated themselves. That is when they came across the BRRRR method—Buy, Rehab, Rent, Refinance, and Repeat. Here is just a little of what we talk about today...Why Anna focused on 4-unit propertiesThe worst advice she’s seen given in RE investingWhat she would have done differentlyAnna’s advice for the person who has done some rentals and wants to scale to the next levelScaling the managementTenant screening and lots more...Anna Kelley is an inspiration. She built a real estate empire as a side hustle while working a full-time corporate job and raising four kids. The epitome of tenacious, she found ways around the roadblocks and kept moving forward until she reached her destination, financial freedom. “I think that there it’s really important to point out that there’s really no one right way to make money in real estate. There’s a lot of variables that depend on you personally, your skills, how much time you have available, how much money you have available to invest.”TIP OF THE WEEKMark: My tip of the week is to be like Anna Kelley. Go to REImom.com and learn more there.Scott: Check out CoScreen.co—It turns your secondary display into a joint team desktop. Share windows via drag & drop. It’s a great way to work with VAs. Anna: If you have a business, any type of business, there is a little-known tax benefit called Bonus Depreciation that will have a huge impact on the next year's taxes. Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Joining Mark this week are:Scott BossmanErik PetersonTate LitchfieldScott ToddLand Geek Community MembersListen in as Tate takes over the question and answer series and the Land Geeks share advice and give solutions to: Excellent internet marketing How to handle the inquiries of prospective land buyers Proper social media management How to deal with internet trolls and troublemakersAnd more! TIP OF THE WEEK:Erik: My tip of the week is zapier.com blog and there’s an article on Gmail filters. If you are not familiar with Gmail Filters, you can do a lot of different things with them in combination with Zapier, it’s a great resource to start learning with these filters. If you are not familiar with gmail filters, learn how to use them by clicking HERE.Are you ready to learn more about land investing? Just click HERE to schedule a call.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Need money for a real estate deal? There’s an easy button for that and today’s guest, Matt Bell of Easy Button Lending, is going to show us how it’s done.Matt is a real estate investment strategist and certified fund manager who partners with CEOs, executives and solopreneurs across the country to grow both net worth and cash flow in order to accelerate their path to retirement. Working initially in real estate as a licensed realtor focused on finding, analyzing, and acquiring investment properties for professionals. Matt ultimately found his way into consulting for a large institutional real estate investment firm as a Director of Renovation, having bought, renovated either resold or rented over 5600 single-family residential properties in the past seven years. Matt created Easy Button Lending to connect people from all different types of real estate with lending opportunities to fit not only their specific deal, but also their specific state. The platform has over 130 lenders in 50 states that are waiting to compete for your deals.Join us as Matt rewinds the tape and tells us how he got into the real estate field and how he accomplished an astonishing 5500 home renovations in four and a half years in 17 cities and in 11 states! Then the guys talk, Easy Button Lending! Matt delves into how the platform works and how it differentiates and transcends in a competitive arena. Find out all the details of:Types of real estate they work withCredit ratingsHow to maximize the likelihood of getting funded when you’re newAnd so much more!“First and foremost you need to invest in yourself by reading books, hiring mentors, and plugging into different mastermind groups. I think that network is what really carries you.”Matt has found a way to take the headache away from funding your real estate deals, no matter the size or the type, Easy Button Lending connects you with qualified lenders with one easy button.Listen in for all the details.TIP OF THE WEEKMark: My tip is, Show me the money—Get that money at EasyButtonLending.com and have these private money lenders compete for your business even in raw landScott: Check out the Google Chrome plugin, Table Capture. When you download this you can mark fields on a website for example, and what it does is it takes the fields and dumps them into an excel file. No more having to screen scraping the data.Matt: If you want something that's applicable across the board, check out one of my favorite books, Grit: The Power of Passion and Perseverance by Angela Duckworth.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Joining Mark this week are:Scott BossmanMike ZainoMimi SchmidtErik PetersonTate LitchfieldScott ToddTune in to hear about their successes and hurdles with land investing. Plus listen as they share advice on getting started, joining Flight School, and the support of the Land Geek coaches and community. TIP OF THE WEEK:Mimi: My tip is link to Airtable's trainings, sign yourself up and get notifications on all their trainings. I always suggest to people to go get Erik Peterson's posting domination templates out there. Click HERE to access the airtable trainings. Are you ready to learn more about land investing? Just click HERE to schedule a call.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Has the infinite banking concept piqued your interest but you can’t quite grasp how it works? You’re not alone, it even has Mark & Scott feeling a little perplexed…but today’s guests are going to educate us on how it all works.Returning to the podcast to give us the 101 on the infinite banking system are Russ Morgan and Joey Mure, the Wealth Without Wall Street guys! Listen in as Russ & Joey give us an overview on how this concept originated and then do a deep dive into the fundamentals and how to utilize it for the maximum benefits. Find out everything you need to know about:Why infinite banking is good for creating wealthHow it compares to a traditional saving accountHow safe is your moneyHow much money is needed to get startedHow soon you can access your moneyWithdrawals versus loansAmortization...and this is just the tip of the iceberg! Russ & Joey brought a plethora of information, advice, and examples to the show today in order to arm you with the best knowledge possible to help you determine if becoming your own banker is the right strategy for you. Are Mark & Scott sold on this strategy? Listen in to find out! TIP OF THE WEEK Mark: Learn more about Infinite Banking, go to WealthWithoutWallStreet.com.Scott: Check out the iPhone app, Smart Voice Recorder-Offline for offline transcription.Russ: To learn more read the book, Becoming Your Own Banker by R. Nelson Nash. Also, check out InfiniteBanking.org—a website for people who do this all over the country.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Joining Mark this week are:Mike ZainoMimi SchmidtErik PetersonTate LitchfieldScott ToddScott BossmanListen in to hear advice from The Land Geek team on what it takes to get started, stay consistent, overcome hurdles, and achieve tremendous success in the land industry. TIP OF THE WEEKMimi: Mimi: This tip is from a couple different articles, Facebook has changed their desktop inner face, you'll notice that they keep Facebook Analytics that you can no longer see the views and the number of messages that each of your market place Ads is getting so it's hard to know if the Ads are productive or if we need to renew them. You can see the comments but you have to count it manually, and that's not a very effective use of time. But there's a desktop free design that is made available, when you go to your settings then flip the old view to new view at this point, but eventually they will go to the new view. The Facebook is pushing less of the news feed and trying to push their events to groups. They're pushing people to use Groups more. Read more about it HERE.Are you ready to learn more about land investing? Just click HERE to schedule a call.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Our guest today, Brandon Webb, is going to help you conquer your entrepreneurial fear like a Navy SEAL. And he knows a thing or two about the mindset of a SEAL, because he is a former U.S. Navy SEAL sniper. In 1997, when Brandon’s SEAL training package was approved, he joined over 200 students in class 215, and went on to complete the training as 1 of 23 originals.Throughout his career he completed four deployments to the Middle East, one to Afghanistan and deployed to Iraq in 2006-7 as an OGA contractor.Brandon finished his time in the Navy as the Naval Special Warfare Sniper Course Manager. Brandon the entrepreneur is a New York Times bestselling author. After a failed startup in 2008 he went on to found two brands, SOFREP.com and CrateClub.com and grew them to an 8-figure revenue. Brandon attended undergrad studies at Embry Riddle Aeronautical University and Harvard Business School’s Executive Program for business owners.He is a member of the New York YPO chapter and served as an appointed board member on the veterans advisory committee to the U.S. Small Business Administration. He is regularly featured in the media as a military and business subject matter expert. He has contributed to ABC’s Good Morning America, NBC’s Today Show, CNN, the BBC, SIRIUS XM, MSNBC, Fox, The New York Post, and The New York Times.Brandon is not only the baddest man in the room, he is a big deal! Join us as Brandon gives us the expanded version of his time as a Navy SEAL and we do a deep dive into his mindset as a SEAL and how training and embracing the suck translated into Brandon’s entrepreneurial journey. To sum it up in two words—action and perseverance! Find out what Brandon has to say about: The influence of the environment around youAdvice for budding entrepreneursLessons learned from his parentsAnd, more!!“People think that there's some secret tip or code or some line that they can skip, some backdoor that they can go into and it's just not the case. You've got to put in the work, the hard work, and educate yourself. Whatever it is you're going to do, come up with a plan. And to Scott’s point, you've actually got to execute on the plan.”Brandon didn’t let others dictate his success. He had a plan, he embraced the suck, he took action, and he got results! TIP OF THE WEEKMark: Learn more and get more wisdom from Brandon Webb at BrandonTylerWebb.com. Also, check out SOFREP.com and CrateClub.com.Scott: Pick up Brandon’s book, Mastering Fear. Fear stops more people from achieving their dreams than anything else. Read it, take action on it and change your life.*We would like to give away a copy of Brandon's book to one of the Art of Passive Income listeners. Check out the Official Motivation & Wealth Group for details!Brandon: Just go get it done. And check out the book by Malcolm Gladwell, Talking to Strangers. It’s about how we're not as good as we think we are, judging people, because we have this bias towards trusting when we should be a little bit more data-driven.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Joining Mark this week are:Mimi SchmidtErik PetersonTate LitchfieldScott ToddScott BossmanListen in as we go around the table and discuss the effectiveness of training documents for virtual assistants in the land business, plus how everyone approaches dealing with customers who are late making payments, especially in these tough times. TIP OF THE WEEKMimi: My tip of the week is from Zapier Blog and the article is called How To Choose The Best Social Media Platform For Your Business. If you got a lot of questions, these coaches, they give a lot about other platforms besides Facebook and Craigslist to sell your land on, so the very first thing article mentions is what social media apps does your audience use. We go where our audience is, and there are different ways in Zapier to automate your business. Learn how to choose the best social media platform for your business HEREAre you ready to learn more? Just click HERE to schedule a call.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Pam Goodwin is an expert in commercial real estate, more specifically, single tenant leasing. And today, she gives us an inside look into her specialty—retail and restaurant pad site development.Pam is a speaker, a number one bestselling author, trainer, success consultant and media personality in the Dallas Fort Worth area. She is the principal and founder of Goodwin Commercial, a boutique commercial real estate and consulting firm specializing in developing retail and restaurant pad sites. With more than 20 years of experience in tenant representation, project management, property development, and leasing, Pam is an expert at helping investors buy/sell property and build wealth.Pam's Bestselling Books One Cent Lemonade to Million Dollar Deals— where she shares sizzling shortcuts to get hired, stand out, take action and succeed as an entrepreneur. Winning Ways in Commercial Real Estate—the ultimate resource for anyone looking to learn from top experts in commercial real estate.Listen In As... Pam rewinds the tape and talks about how she developed her career in land development and leasing to companies such as Walgreen's, Chase, McDonald's to name a few. It all started with the development of a couple little restaurant chains you may have heard of… Pam developed 50 Chili’s from the ground up and On The Border for the entire country. Pam walks us through the development process in order of sequence:Identifying the right pad sitePutting it under contractThen closing on the landAll the while, trying to find a tenant before it even closes. She doesn’t put anything under contract unless she’s 75% sure she could fill it because, she stresses that, reputation is key!We also get into the numbers and Pam gives us all the details on:Cap ratesRent increasesTriple net leasesAnd finally, the big payday—selling the investment! With a 1-5 year hold time, find out what kind of numbers Pam could expect to get. Plus, Pam talks about how to mitigate the risks, which includes taking a deep dive into the due diligence and so much more! “What happens if this changes your life and you could make a couple hundred thousand or even a million dollars on one deal... How would that impact you?”Listen in to find out more about this interesting market that has left Scott Todd with some serious shiny object syndrome!TIP OF THE WEEK Mark: My tip is to learn more about Pam Goodwin at PamGoodwin.com.Scott: Check out HabitualApp.io to track your habits and build routines. You can have multiple habits, set up different times to get your reminders.Pam:You’ve got to take action and don’t be afraid to team up with someone. If you just spent 30 days taking action, I can guarantee that you’ll find something out there. My website is PamGoodwin.com, feel free to reach out to me.I’ve been listening to an audible book from David Goggins, Can’t Hurt Me.We have a TV episode show called Learning Commercial Real Estate. Google my name under Propelio or YouTube you’ll find a lot of TV shows that we did.Check out the app Land Glide.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Joining Mark this week are:Mimi SchmidtErik PetersonTate LitchfieldScott ToddListen in as we go around the table and discuss the current market and if now is the time to call it quits and get maybe a stable J.O.B.?TIP OF THE WEEKMimi: Great sales recording training HEREIsn’t it time to create passive income so you can work where you want, when you want and with whomever you want?Are you ready to learn more? Just click HERE to schedule a call. Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

AirBnB is big business and our guest today has created a formula for building a scalable AirBnB business by leveraging other people’s properties.Brian Page became a millionaire in his 20’s as a residential real estate investor only to lose it all in the historic crash of 2008. Starting over with no credit or ability to purchase property, Brian discovered a way to use other people’s properties to earn an income. He went on to make six figures in 6 months and over 300,000 his first year renting and listing properties on AirBnB. Realizing that no one at the time was teaching how to build and scale an AirBnB business, Brian created his training called the BNB Formula. His master class is now the world's bestselling AirBnB training. He has taught thousands of people from 38 countries how to build a 6-7 figure AirBnB business, with several of his students now doing over a million in bookings.“I have several students that are crossing the million dollar mark in bookings. But to do a modest $100,000 a year net on AirBnB only takes about anywhere from four to six properties. So we're not talking about a lot of properties to do that.”And on today’s show, Brian is going to walk us through his formula for this innovative strategy starting with how he approaches property owners with this opportunity and gives us two examples with two very different types of property owners.“So there’s a couple of different ways to do it but essentially either way I get to control the property. I don’t have to own it, I don't have to put down payment, and I can immediately start making cash flow with these properties.”We also delve deep into:The numbersThe scalabilityThe types of properties this works forThe risksCity regulations...and more! Brian also talks about the area where a majority of hosts fail and how he is able to get 95% in bookings every month by excelling in this one area.Listen in now as Brian walks us through all the steps from getting control of the properties, to renting them out and collecting a monthly income without even owning any real estate.TIP OF THE WEEKMark: Move the needle in your life, start generating serious income on short-term rentals and read Brian's book—BrianPageBook.com.Scott: Check out the app, Easy Peasy Password to generate cool-memorable passwords you could remember.Brian: Check out the book, Deep Work by Cal Newport. It’s about how to get the work done in a very distractive world. Also, check out BNBFormula.com if you want to learn more about this niche for free.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

In this week’s Round Table discussion—the Land Geek's discuss how and or if they use an option strategy to help them lock up properties with a land seller. Joining Mark this week are:Scott BossmanMimi SchmidtErik PetersonTate LitchfieldScott ToddListen in as we go around the table for to get option strategy wisdomAnd what about people who have options expire to do they continue to market those properties?TIP OF THE WEEKMimi: If you need money Click HERE for the tip.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?Are you ready to learn more? Just click HERE to schedule a call.

Today’s guest always leaves you feeling a bit smarter after having a conversation with him and today was no exception. Join Mark & Scott as they welcome Todd Tresidder, founder of FinancialMentor.com, back to the show.Todd previously appeared on the Best Passive Income model about 4 years ago which you can find here: Todd Tresidder on Wealth Building Equation in Life.Todd is a former hedge fund manager who didn't want his tombstone to read, “his investments skills made his rich clients richer”. As a result he made his advance investment strategy and wealth planning knowledge publicly accessible through his website to help normal people to achieve extraordinary financial results.Before becoming the Financial Mentor, Todd worked his way through college to pay the bills and came to the conclusion that he didn’t like having to live from the right side menu of life. So he set out to design his life to result in wealth and 12 years later, at the age of 35, he was financially independent.Todd says it wasn’t that complex, you just have to get the principles right… and today, we are going to dive deep into those principles.When asked to define wealth, Todd says that the focus is not on wealth as much as it is on financial freedom and it’s the assets that produce the cash flow that creates the freedom.“In my world it’s never about more stuff, it’s about the experiences. A wealthy life is a life full of powerful experiences.”Listen in as the guys have a deep thought provoking conversation about how you get more joy and satisfaction in life by creating value and giving back to others.“Money simply solves money problems. We want to get to the point of solving time and money problems. Once your passive income exceeds your fixed expenses you get both of those and you can really think about how you can add more value to your life and experience giving back to others, moving up Maslow’s Hierarchy of Needs into Self-Actualization.” MarkTodd talks in brief about the differences in his coaching techniques when it comes to the wealthy and the poor and why you need to adapt to a mindset of self-responsibility in order to empower yourself and give yourself the ability to shape your life in the direction you want.He also dives deep into these principles that he accredits to his success:A high value on growth—Level 2 thinkingClarity of thinking and commitmentIntegritySystems and leverageRisk management“Level 2 thinking is understanding risk management, understanding the role of active risk management when it’s properly done. Level 2 is dynamic, it’s subtle, it requires more knowledge to fully develop and understand. But it’s well worth doing because it’s way more accurate than our world. It reflects reality and so it allows you to work within reality way more productively.”We try to include an inspirational quote into every podcast write up, but today’s show is packed full of so much wisdom, it was hard to choose just one…. Hence, this is why you always leave a conversation with Todd Tresidder, a little bit smarter.TIP OF THE WEEKMark: Learn more, go to FinancialMentor.com where you can find freebies, resources, and all of Todd’s books!Scott: Mac users, for the next generation of trash bin check out TheBin,Todd: How much leverage are you applying in your life? To understand how leverage connects with risk management to build wealth, read Todd’s book, The Leverage Equation but How Much Money Do You Need To Retire.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

In this week’s Round Table discussion—first, we talk business and where we are in the current state of the economy. Then, the claws come out as the team gets into a colloquy over the Netflix Documentary, The Tiger King. Joining Mark this week are:Scott BossmanMimi SchmidtErik PetersonTate LitchfieldScott ToddListen in as we go around the table for a business update during the current state of the economy. Find out if the team is starting to see more of an impact in the land business as the world's economy takes an even harder hit and joblessness continues to rise.Is the team starting to see more defaults and requests for loan modifications?And what about people who are wanting to purchase land, have those numbers dropped?No. In fact, they seem to be on the rise!There were several first time sales among the team's students this last week and one of Erik’s student’s actually quadrupled their passive in the last 2 weeks!Scott Todd gives us an inside analytic view of the increasing numbers on Landmodo… including the number of users which is up by 11%!Is the worst yet to come or is it behind us?That remains to be seen, but for now, Erik Peterson is just going to keep “goin’ with the flow.”Next on the table, you are not going to want to miss the discussion over The Tiger King! Without giving away too much, the team round tables the following, and you may even see some claws come out during the discussion...Did Carol kill her husband?Is Carol as bad as Joe Exotic?Do you think Joe got a bad rap?Who wants to punch Howard?#TeamJoe #TeamCarol #TeamThey’reAllFreakingNutsScott Todd Tiger King Tours of Tampa (segway included)Where is polygamy legal?Who is going as who for Halloween/Bootcamp?If you own a tiger, you might be a crazy person…Plus, Mark makes a very generous offer, he is offering a free Investor’s Toolkit (valued at $1,997) to the person who submits the best Tiger King meme. Keep it classy people and listen in for details...TIP OF THE WEEKMimi: If you need money to fund deals, try FundAndGrow.com. They are loan brokers.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Today’s guest became a financial planner at the worst time possible, in the midst of 2008 during the financial crisis, but it was watching the CPA he worked for at the time tell client after client that they lost half of their retirement that was the pivotal moment for him. Mark Willis is a Certified Financial Planner, a #1 Best Selling Author and the owner of Lake Growth Financial Services, a financial firm in Chicago, Illinois. Over the years, he has helped hundreds of his clients take back control of their financial future and build their businesses with sophisticated, tax-efficient financial solutions. As the co-host of Not Your Average Financial Podcast, Mark shares strategies for investing in real estate, paying for college without going broke and creating an income in retirement you will outlive. Mark works with people who want to grow their wealth in ways that are safe and predictable, become their own source of financing, and create tax-free income in retirement.With Scott on vacation, join the two Marks as they delve deep into the self-banking system and explore:The four most dangerous words in your financial vocabulary—do it for meThe lies about your 401kThe difference between rate of return and the rate of income and which is more importantWhat it means to go upstream financiallyWhy is self banking better than traditional bank“I think a lot of people are quoted misinformation. You could search this or read it in any magazine, that the market goes up 10 percent a year. So how is it possible that real investors are getting something closer to three, three and a half to 4 percent?”Listen in now as Mark Willis has us asking ourselves, “what do I want my money to do for me” and shows us how to invest the safe and predictable way, by Banking On Yourself!TIP OF THE WEEK Mark Podolsky: Learn how you could get total control of your money, learn how to bank of yourself —get that rate of return, rate of income, get the flexibility, get out of debt, versify your tax strategy. Start investing real estate with this model. Just talk to Mark to learn more at LakeGrowth.com.Mark Willis: Take a look at what you've earned last year and at what your net worth changed over the last 12-months; increase the volume of savings by 1% a year. Also, go to GrowMoreWealth.com—now BankOnYourself.com, for a 15-min. strategy session.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Amidst the Coronavirus pandemic with millions of people losing their jobs, and that’s in the U.S. alone, how is the land business faring?Joining Mark for this week’s Round Table discussion are:Erik PetersonMimi SchmidtMike ZainoTate LitchfieldScott ToddAs Mark goes around the table and asks the team how their businesses are holding up during this pandemic crisis, there were a few things that kept coming up...We are really blessedGratefulBusiness as usualAnd while our hearts go out to those who have lost their jobs, it truly makes us appreciate that we are in a business that has felt virtually no repercussion from the current crisis. And the stories are starting to come in from other community Land Geekers.Tate just received a note from a UK investor who lost their job and now their sole income is the passive income coming in from land notes. Thankfully, it will be enough to get them through this hard time. “This is the perfect umbrella for that rainy day that inevitably comes. That is why you pay the price to start a business that provides you passive income, for times like this. Whether it’s some type of pandemic, natural disaster, or company downturn. There are so many things in life, it really makes you appreciate just how we’re all skating on thin ice and we’re so vulnerable to so many things out of our control.”Then, the team talks about how they are staying sane during this time and then shares their...Staying Sane Quarantine Binging Tips Of The Week:Tate - Tiger King (Tate needs to know, did Carol do it?)Erik - Jack Ryan season 2Mimi - The English GameMike - The Way Back Scott - Love Is BlindMark - OzarkTIP OF THE WEEKMimi: For notary during the crisis, check out this bulletin at NationalNotary.org. Call the bank where you usually get your notarization done and see if they accommodate window separated signing.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Our guest, who is known as The Pitch Whisperer, came armed today with examples, case studies, and methods on Better Selling Through Storytelling… which so happens, is also the name of his best-selling book! John Livesay is a sales keynote speaker and shares the lessons learned from his award-winning sales career at Conde Nast. In his keynote “Better Selling Through Storytelling,” he shows companies’ sales teams how to become irresistible so they are magnetic to their ideal clients. His TEDx talk, Be The Lifeguard of your Own Life, has over one million views. And as mentioned above, John has a best-selling book titled, Better Selling Through Storytelling: The Essential Roadmap to Becoming a Revenue Rockstar. He is also the host of The Successful Pitch podcast, has been interviewed by Larry King, and appeared on TV as an expert on “How To Ask For What You Want And Get A Yes.”John coaches people how to improve their sales through storytelling by following a sequence of steps which he shares with us today and gives us the recipe for the secret sauce, which stirs up a little friendly rivalry between Mark & Scott. John also talks about the three unspoken questions that everybody has when they hear you pitch:—Do I trust you?—Do I like you?—Will this work for me?And, shows us how to get our customers to check yes on all three boxes. “Instead of pushing you’re pulling people in because stories are magnetic and then you become magnetic and you can let go of this persona of being a pushy salesperson.”Also on today’s show, John gives an example of a compelling story that has the four elements needed to improve your chances of getting a sale, which include: The exposition The problem The solution The resolutionHe even takes it a step farther and gives a pitch for the land niche! What about that secret sauce?Listen in to find out as we take a deep dive into the four elements of compelling storytelling and how to go from invisible to irresistible!TIP OF THE WEEKMark: Learn more about John Livesay and Better Selling through Storytelling at JohnLivesay.com. You can learn a ton more there and you’ll see how he practices what he preaches.Scott: Check out Inyo.me to automate tasks that you don’t like doing. You can teach your VAs how to automate reminders, get files that they might need, etc. John: Text the word PITCH to 66866 and get a free sneak-peak of, Better Selling through Storytelling. It gives you a secret of how to go from invisible to irresistible and become better storytellers instantly.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

With all of the uncertainty in the market today, how do we know when to adjust our pricing (buy & sell) in an area and what steps do we take?Joining Mark for this week’s Round Table discussion are:Erik PetersonScott BossmanMimi SchmidtTate LitchfieldScott ToddToday’s topic—flexible maneuvers in the current marketplace, was brought to the discussion table by Erik Peterson. Join the team as they do a deep dive into the subject and share the steps they are taking in their own businesses during these uncertain times. A few of the teams recommendations include:Check comps more frequentlyGet more aggressive with offersSubscribe to all wholesale lists on FacebookErik advises that you should be watching the markets in good times and bad to make sure you can swing with the ups and downs.Then, is it business as usual?The team gives us an update on how the current events are affecting their businesses.Mark has had no note defaults, no issues, no emails. No sense of fear or panic.Erik has one on the verge of default but it started before the crisisScott B. has two on the verge of default but they also started before the crisisMimi had one default at beginning of month but not situation specificTate got his 1st email, crisis related, the morning of this recording. His upstanding customers since 2016 asked for reduced payments for 60 days due to lost jobScott Todd’s new customers asked to skip their first month payment due to the fact that they are in the hotel industry and are not workingDid Tate and Scott give their customers some leniency? You’ll have to listen in to find out!Then, battling the COVID fatigue... How is the team handling a full house during these weeks of isolation? There seems to be some old man jokes floating around the Podolsky household but Mark has found the perfect solution to keep yourself from stress eating… listen in to this week’s Round Table to hear what it is! CLICK HERE to see the quarantine video mentioned in today’s episode. TIP OF THE WEEKMimi: When you see people offer wholesale lists, ask for a copy. It’s a great way to get very quick information on what the counties are doing.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Paul Moore joins us on The Art of Passive Income to share valuable insight on which real estate investments make the most sense.Paul graduated from Ohio State with an Engineering degree and an MBA and after working at the Ford Motor Company for five years, Paul left to start a staffing company with a partner in which they had scaled and then sold to a publicly traded firm five years later.After a brief retirement, in 2000, Paul entered the real estate sector to protect and grow his own wealth. He has flipped over 50 homes, 25 high-end waterfront lots, appeared on HGTV’s House Hunters, rehabbed and managed dozens of rental properties, built a number of new homes, developed a subdivision, and started two successful online real estate marketing firms.Paul is also the author of The Perfect Investment – Create Enduring Wealth from the Historic Shift to Multifamily Housing. And, he also co-hosts a wealth-building podcast called, How to Lose Money.Paul is currently the managing director of two commercial real estate funds at Wellings Capital.Paul Moore is a big deal!Listen in as Paul talks about why he came out of retirement to start investing in real estate and dives into the lessons he has learned in those 20 years as an investor.“If you keep playing double or nothing with all of your capital, you're going to land on nothing at some point and you'll have to start over.”Paul does a deep dive into commercial real estate and unlike residential, where the market dictates the housing values, commercial is based on a value formula which Paul shares with us today along with specific things you can do to force appreciation.We also discuss:Why Paul titled his podcast, How To Lose MoneyThe best asset class for new investorsFinding access to commercial opportunitiesPaul also addresses the stigma behind mobile home parks and why it’s important to have a recipe to follow and get to a place where we're willing to deal with, survive and thrive with the monotony of boredom.TIP OF THE WEEKMark: Learn more about Paul Moore—his investment philosophies, his funds. Go to WellingsCapital.com.Scott: Go to SubscriptionZero.com to set up an email address where you can get all your subscriptions in one weekly digest.Paul: Check out the book, Building a StoryBrand: Clarify Your Message So Customers Will Listen by Donald Miller. If you want to learn more, you can go to their website and learn how to tell your story, it will help you a lot.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Get ready for another Grill The Geek episode on this week’s Round Table discussion! Listen in as the team puts the spotlight on an old school ‘OG’ geek who bought the Investor’s Toolkit back in late 2015 and has been chiseling away at his business ever since.Joining Mark for this student Q&A are:Erik PetersonMimi SchmidtScott BossmanTate LitchfieldScott Todd...and our special geeky guest, Drew Kurianowicz!Drew talks about his beginnings and how he went from running his land business as more of a hobby during the first 2 years to getting serious the third, and ultimately growing his business to a staggering 25k a month in passive… a net worth of 15 million, all while working a full-time job!Drew eventually did quit his job last November when he and his wife welcomed their first son into the world. He is now a stay at home Dad and he couldn’t imagine it any other way.The team then digs in to extract all of the secrets to Drew’s success. Find out the details, including:How he turned it around in the third yearRecommendations for people who only have the Investor’s ToolkitThe mental aspect of the gameThe number of counties he went through before he found one that spoke to himHow much financing he took to scale his businessFixed expensesHis favorite deal which was a pivotal moment in his businessHis favorite marketing platformAdvice for someone who wants to build a successful land business with limited time...and of course, the ever pressing question, Mac or PC?“Limited time is all in your minds. If you want something, you’re going to make time...”Mark also wanted to give Mike Zaino the opportunity to ask Drew a question as well, but he was sitting on the beaches of Punta Cana at the time closing deals, so Mark channeled his inner Mike… despite the protests from the team, and asks Drew what he would do differently if he could start over again. Drew also talks about how he found motivation in a sticky note with Scott Todd’s name on it. And, he also found it in the quote “If you’re willing to do for the next 3-5 years what most people won’t do, you’ll be able to do for the rest of your life what other people can’t do.”“You’ve got to make a sacrifice for 3-5 years, to change things for the rest of your life. There's no easy way around that.”Drew’s story is an inspirational one. He grew his business to 25k a month using only the Investor’s Toolkit by staying dedicated, consistent and methodically chipping away at it. You're not going to want to miss his story!“There were little nuggets that came out of both Bootcamp’s that have made me hundreds of thousands of dollars.”Then, have land sales suffered due to the global pandemic, the Coronavirus? Listen in to the bonus material to see if the team has noticed a decline in sales… all in this week’s episode of The Land Geek Round Table!TIP OF THE WEEKDrew: Two tips with a different perspective on sales—If you’re not selling enough property, look at your inventory. The more inventory you have, the better the chances you have at selling. Sales will increase because you have more options to offer a potential lead, so keep your inventory up. Also, “The second sale”—take advantage of previous buyers.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Our doppelganger guest today is all about helping people get out of solo-economic dependency—if you’re not working, you’re not making money. Even though her target clientele may not be the same, she sings from the same songbook.Join us as we welcome Sylvie McCracken to the show. Sylvie helps hard-working health professionals harness their drive and take back the wheel to get more out of their practice and their life. Her amazing website is about the analogy of your life being an automobile.Today, Sylvie throws the car into reverse and takes us on a journey back to the beginning and how it all started with a nutrition blogThat blog ultimately turned into teaching health care professionals how to leave a life chained to their practices, helping people on a one-on-one basis, to taking back their lives while better serving in their field of expertise to reach the masses.Listen in to find out the details behind:The lawyer approach to time managementHer no-sugar coated client approachTime prioritizationCategorizing where your time goesWhat makes a good coach and why you need to lean on themSylvie also walks us through a case study where she slowly phased one nutritionist out of the one-on-one client interaction to become a stay at home mom making 30K a month reaching more people through a combination of writing of e-book and a group coaching program.“The reality is it’s not for everyone. There’s nothing passive about setting up a passive income stream. There’s real, rolling up your sleeves, work to be done to set it up and you’ve got to want it bad enough.”Join us now on this podcast road trip that will have you setting your GPS destination to passive income!TIP OF THE WEEKMark: Learn more about how you can become free, whether you’re in healthcare or not, Sylvie Mccracken can help you get there at SylvieMcCracken.com.Scott: Check out Krisp.ai—software that blocks out noises when you’re on a web-meeting or on call.Sylvie: My tip of the week is simply journal out your vision for your life so you don’t get off track. Also, one book recommendation would be, The Big Leap by Gay Hendricks.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Erik Peterson hijacks this week’s Round Table and he brought along a special guest who happens to be a former Flight School student and current coaching client.Joining Erik for this special Grill The Geek episode are:Scott BossmanMike ZainoMimi SchmidtAnd last, but not least, we welcome Sid Christensen to the show! “I ended up breaking my leg on a snow bike and I work construction so it’s very important to be able to walk around. But also, I was laying in the snow thinking about what I could do as I’m waiting for the life flight helicopter to come pick me up. I thought well, now I can look into that land thing…”That was just the beginning of his Sid’s journey into land investing and he’s here to fill in the rest. Sid, who still works a full-time job, tells the team how he finds the time to work on the business with a family and a job. He also talks about his experience in Flight School and how coaching has helped him grow his business.“At first I was worried if it was going to work for me. But eventually I started seeing those little wins, those little successes, and that’s what keeps me motivated to keep moving forward.” Then the team gets serious and rolls up their sleeves for a special, Grill The Geek session!Listen in as the team fires one question after another at Sid who fires the answers right back at them, like a pro! Find out:His why and how it motivates himWhere he is now in comparison to a year agoHow much his positive nature plays into his successHow he stayed consistentHis biggest achievement—roadblocks he overcame The hardest and best parts of the businessFavorite deal and numbersHis experience in the VIP room at BootcampHis average acquisition costNumber of terms/cash dealsSid also gives advice for someone who is just getting started or thinking about getting started, then shares his goals for 2020. Sid’s dad instilled into him, that you can do anything if you just put your mind to it and if something doesn’t work, figure it out. That trait, mixed with his positive nature, will take him as far as he wants to go in this business.*Special thanks to Erik Peterson for being an awesome host and we certainly hope it won’t be his last time...TIP OF THE WEEKSid: Read the book, Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad Ones. Also, check out the app, Things. Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Our guest today is Frank Rolfe, founder of MobileHomeUniversity.com. Frank has been an investor in the mobile home park business for 23 years and is ranked the 5th largest mobile home park owner in the country.You may remember Frank from The Best Passive Income Model Podcast where he appeared twice on and once on an old Coffee Talk episode, but this is his first appearance on The Art of Passive Income podcast.Mobile homes are one of the most affordable housing options available. But because of their bad reputation, nobody wants them in their backyard so federal regulations were put into place… which is one of the reasons why they appeal to Frank.Listen in as Frank talks about the early days and how billboards led him to purchase his first park, Glenhaven, on an impulse buy. That park was losing 2k a month, but Frank saw an opportunity.The guys take a deep look at:Government regulations and supply & demandThe key to the industryMismanagement and seller financingThe deal makers and the deal breakersThen, Frank breaks down a typical acquisition and talks about the fact that the mobile home industry is the only real estate sector that doesn’t get subsidies.Frank also addresses the controversy behind the Oliver North rant which had called him out, and so much more on today’s episode of The Art of Passive Income!TIP OF THE WEEKMark: Learn more about Frank Rolfe and how you can create wealth in Mobile Home Park Investing at MobileHomeUniversity.com.Scott: If you can find it, check out the book, The Man Who Bought the Waldorf; the Life of Conrad N. Hilton by Thomas Ewing Dabney.Frank: Check out the book by Sam Zell called, Am I Being Too Subtle?Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

In this week’s Round Table discussion, Team Land Geek talks about building websites for your land business and whether they contribute to the success of your business or if they’re just a distraction.Joining Mark are:Scott BossmanErik PetersonTate LitchfieldScott ToddBut first, Tate announces that in no way should Scott Todd be associated with Panera Bread ever again and Mark announces the launch of the 2020 apology tour.Then find out the exciting details behind the newest program, The Land Geek Boardroom—designed to pick up where coaching ends, which leads to the topic of today's discussion...Do you need a website for your land investing business? Listen in as the guys share their thoughts on websites. They go over the advantages and the disadvantages and all weigh in on how much emphasis you should put into building one to make yourself look more professional. To sum it up—Websites do have some advantages, they give you the opportunity to post content about yourself, making you look more legitimate. You can also send leads to your website to see your inventory. But… there’s always a but, there are professional investors that run their businesses without having a website. And rarely, does someone stumble across your site and buy land from you. So they are not a necessary component of your business success.They are however a lot of fun to build, for some people, but when you’re first starting out, your focus should be on the things that WILL move the needle in your business...MailingMarketingList buildingWebsites should be worked on after everything else is done. “Do you really want to spend the money trying to crack Google and Facebook ads to send cold traffic to a website when you can, for free, use a trusted platform and build your buyers list that way, which costs nothing?” Finally, Scott Todd tries his best to bait Mark into sharing his thoughts on having both a buying and selling website. Mark has a very strong opinion on this, but does he take the bait?Listen in to find out!TIP OF THE WEEKErik: Check out Productivity.so for tips and tricks to be more efficient on the computer. Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

This week’s guest leaves both Mark & Scott scrambling for the sign-up button after he talks about his unique asset protection strategy—the Series LLC.Scott Smith, founder of Royal Legal Solutions, joins the guys to talk about this strategy that will not only protect your property to the greatest extent possible but also save you money in taxes and state fees.Scott was an aggressive litigator who brought suits against major insurance companies. He knows first-hand the tactics that plaintiff's attorneys use to win lawsuits. He is now combining this knowledge when setting up business structures to protect your assets.Mark describes Scott Smith as a combination of F. Lee Bailey, if he was only interested in protecting assets, and Sam Zell—an amazing real estate investor.Scott fell in love with real estate investing after buying his first property in college to pay off debt. After litigation burn out, Scott went back into real estate investing and learned everything from the ground up.Then, after he had acquired his first 10 properties and had gotten into commercial and multifamily, Scott discovered that a lot of investors were good at finding the deals but knew nothing about how to do taxes, accounting, LLCs or bookkeeping. So he combined his knowledge and experience as a litigator with his knowledge and experience as a real estate investor and started Royal Legal Solutions.Scott’s clients range from first time investors to seasoned real estate investors with a broad portfolio of properties.Both Mark & Scott Todd, a little skeptical that this strategy is a good fit for land investors, try to poke holes in it. But, Scott Smith pokes back with a wealth of information that leave both the guys with their minds blown!Today, Scott Smith delves deep into this strategy and why no investor should go without this asset protection!A question that gets asked often in this business is, should I be in an LLC, S Corp, C-Corp?Listen in as Scott Smith answers that question along with:The worst advice he’s seen or heard given in setting up business structures and asset protectionWhy the Series LLC is so unheard ofDoes it have the same tax benefits of an LLC structureAnd, so much more!Scott Smith does not hold back as he shares all the details of this unheard of and unique asset protection plan and even shares a “hot secret.” Also, find out how Scott Todd takes this podcast to a creepy level.*We are not responsible for anyone’s head that may explode while listening in to today’s episode of The Art of Passive Income.TIP OF THE WEEKMark: Join us in our irrational exuberance about Scott Smith and how he's going to protect us. Because literally, he's the only one that we've talked to that has a practical, viable, affordable solution for our needs and that is at RoyalLegalSolutions.com.Scott Todd: Check out Reply.Ninja—a Chrome plugin for inline replies in Gmail.Scott Smith: If you text Royal, R-O-Y-A-L, to 474747, you will get a link to the top 10 things you need to know to protect your assets with Scott’s top 10 strategies. If anybody has trouble with text, just email [email protected] and he will send the top 10 along with other resources on how to save money on taxes using 401K.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Knowing what they know now, the team dives deep into what they wish they would have done differently when they were first starting out in this business, if only they knew then.Joining Mark are:Scott BossmanMike ZainoErik PetersonTate LitchfieldScott ToddIt’s A Good Time To Be A Land Investor! With an abundance of resources and knowledge available to land investors today, find out how the team would approach this business differently in order to grow their businesses more quickly and efficiently. Some of the things mentioned are:Utilizing VA’sMarketingOrganizationDifferent ways to make your money work for youStarting with less capitalIf you have a full-time job and you’re not relying on income from this business take advantage of selling notes early and you can grow this business a lot faster. -ErikMark simply wishes that he had the team and their mentorship when he first started.This can't miss episode is sure to smart cut the journey for new land investors!The Bonus Material—Are you a dog or cat person? Or maybe you prefer a pet that’s a little less demanding, like a tortoise or hamster? Find out the team’s perfect pet preference and why they end this episode in the toilet... all on this week’s episode of The Land Geek Round Table!TIP OF THE WEEKScott B: Check out LightPollutionMap.info for mapping light pollution.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?.

In today’s episode of The Art of Passive Income, we talk with Kyle Stanley about how he became the Fearless Flipper!Kyle, who has had a lot of different careers in his 32 years… including sports anchor, found that he did not like taking orders for a living, so he started his own business. In 2016, when his dad became ill, he let his business go and moved back to his hometown and went full-time into the health and wellness industry.Kyle was raised to believe that you traded time for money, he had no knowledge of passive income and believed that you’re either an employee or employer.Then in late 2018 when his dad went into hospice, Kyle put business aside and did a lot of self reflecting. He started listening to podcasts, like Grant Cardone, which soon sent him on his way to Fearless Flipping!At the time of this recording in August 2019 and just eight months into it, Kyle had deal 3 under his belt and was getting ready to buy his third Airbnb. Listen in as Kyle talks about those early days and that first deal, “oh s**t” moment. Plus, find out:Kyle’s three biggest aha momentsKyle’s three biggest fearsWhat pushed him through the fearThe guys also talk about the value of education and menotorship and why it’s important to have that sherpa to get you up the mountain no matter which mountain you decide to climb.“I believe that if you want to get to where you want to go, it’s dumb to think that you can figure that out on your own. You've got to ask people that have been there, that have done that. You want their help because you want to make sure you avoid the mistakes that they’ve made. You hear about the things that they’ve done and has been successful, so you want to mimic that.”The key to Kyle’s success is simply the fact that he took massive action. He did not have a plan B, no safety net to fall back on, so he was unstoppable to make things happen.TIP OF THE WEEKMark: My tip of the week is a quote, “You can’t penny pinch your way to wealth.'' You need to invest in yourself, invest in tools, keep reinvesting education, and all these things can compound and will get you to where you truly want to be. Also, check out Kyle Stanley at FearlessFlipping.com and take advantage of a very generous offer there. Scott: Grab your hobby, whatever it is, and don’t lose sight of it. Become the proficient student of your hobby and you’ll find, a lot of times, is that the knowledge that you have from your hobby translates over to your business or life. Take at least one of your hobbies, or any interests that you have and apply it back to your business, it will transform. Kyle: Go to FearlessFlipping.com and on the homepage you can download the free ultimate guide to becoming a real estate investor. If you are a land-geek listener, schedule a free 15-minute consultation by going to the contact page and for the subject put “Land geek listener” or “hey, I listened to you on Mark’s podcast.” The biggest tip is to “Stay on Your Lane.” Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Mistakes are an inevitable part of business and while they may not be fatal in the land investing business, they can cause some uncomfortable turbulence.In today’s best of edition, we take a look back at a couple episodes where the team talks about some of the mistakes they have made in this business and gives advice that will help you avoid making the same.Scott Todd starts us off with a situation where a buyer wanted more acreage than what he had. In a situation like this, do you go out of your way to find what the buyer is looking for? What if it’s outside your area?There are many conditions and variables to take into consideration, listen in as the team talks about those variables and what they would do in this situation to avoid ending up with land that they didn’t want.Sit back, buckle up and listen in to find out how Scott's situation turned out along with the other mistakes mentioned in this Best Of Round Table series!Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

A Land Geek Student Success Story—In this week’s show, we are putting the student spotlight on Jim L. who we are going to keep anonymous because of his day job.Jim’s entrepreneurial spirit awakened in 2017 when he started his first business in Bitcoin, but knew it wasn’t sustainable so he set out to find something that was, one that would be a good fit for him.He started listening to the Side Hustle Nation podcast with Nick Loper when he ran across an episode that featured another Land Geek Alum, Roberto Chavez, and it piqued his interest.Because of its simplicity and not having to deal with termites, tenants, or toilets, he thought that land investing could be the perfect fit for him but he first wanted to make sure it was legit. That research led him to Scott Bossman and soon after, in March 2018, he signed up for Flight School.Listen in now as Jim gives us an inside look into Flight School and what it was like working side by side with Scott and the mini bat. Plus, he talks about his coaching experience with Tate and how valuable it was to have that one-on-one interaction to get all of his questions answered.Also, find out the details behind:How many VA’s he has and his most important oneFavorite dealsHis not so favorite part of the business“My favorite deals are not the most glamorous ones, they’re the ones that quietly keep the bank account stocked.”Then, Mark digs in to get to the bottom of Jim’s raving video testimonials and why customers love him so much!Find out what Jim’s secret is and what sets him apart that has Mark saying that, "he’s a purple cow in a field of brown cows".Plus, Jim gives advice to those just starting out in the business. All of this and more on this episode of The Art of Passive Income!TIP OF THE WEEKMark: Go buy some land from Jim at LandsForYou.com. Also, check out the book, American Dirt.Scott: Check out the app, DoubleTake, for the new iPhone 11. It's a video recording app that allows you to record on all of your cameras at the same time and create an incredible video with different lenses or views.Jim: If you're interested in land investing, there are a lot of programs out there but Land Geek is just fantastic. I've talked to every single coach and they've given me wonderful advice, time, attention, and respect. They're very open about sharing what works for them and this is not about trade secrets, it's about execution.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Setting the record straight on a mischaracterization that leaves some people afraid to attend a Land Geek Bootcamp.In this Round Table discussion, join Mark and the team:Erik PetersonMimi SchmidtTate LitchfieldScott Todd... as they clear up the misconception that Bootcamp is going to be one big pitch fest. In fact, just the opposite is true and the reviews alone should speak for themselves. Here are just a few taken from the last event in January...“Land Geek Boot Camp In San Antonio Texas! This is like drinking out of a firehose, more knowledge/implementation techniques laid out in a step-by-step process to follow. This has been a great weekend. I’ll come back again and again.”“Phenomenal experience at Boot Camp. I didn't know what to expect going into it but the journey exceeded my expectations. I'd love to be a repeat attendee and be a good resource for this excellent community.”“I just got home from attending The Land Geek Boot Camp in San Antonio. The experience of attending live and seeing firsthand how so many are making this land business work with the help of Mark and his team pushed me over the top. I already thought flipping land was a good idea, but now I know it’s a GREAT IDEA. Kudos to The Land Geek for hosting such a great event with Live inter-actives that made the training fun and realistic at the same time. Totally making the Boot Camp a regular event that I attend.”Listen in now as the team talks about their own first Bootcamp experience—their expectations going in and what the reality was. Find out why they kept coming back and why they see many other repeat attendees… it can be summed up in two words: community & value.Also, find out the details behind Mimi’s deal that took place at a Florida Bootcamp, where someone may, or may not have been dragged into the backroom and shook down. The team is neither confirming nor denying it.Bootcamp is about you getting the knowledge, the confidence, the skills that you might be missing. The focus is not to sell, it's about education and community.And finally, Scott reveals the magic cure to sync “let freedom ring”… don’t look at Mark’s face!TIP OF THE WEEKMimi: For new county research, check out Zillow’s Database.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Our guest today has a deferment strategy when it comes to capital gains tax. He quips hundreds of business professionals with the Deferred Sales Trust tool to help his high net worth clients solve capital gains tax deferral limitations.Brett Swarts—CEO of Capital Gains Tax Solutions, is here to tell us how the Deferred Sales Trust works. His experience includes numerous deferred sales trusts, Delaware’s statutory trusts, 1031 exchanges and $85 million in closed commercial real estate brokerage transactions.“We insert this trust right before the close of escrow, which gives so many more benefits than traditional installment sale and solves so many more challenges that people are faced with when they're looking at 1031 exchange.”Join us as we discuss in detail:The benefits of a Deferred Sales TrustBuying real estate through the trust versus a 1031 exchangeWho this is for and who it is not forAnd, how do we know if it’s legal?Listen in now as Brett dives deep into the legalities and so much more in this week’s episode of The Art Of Passive Income!TIP OF THE WEEKMark: Learn more about Brett at CapitalGainsTaxSolutions.com and start looking at this very creative, very sophisticated strategy to defer your capital gains and really transfer wealth.Scott: Check out Deprocrastination.co— a Chrome plugin to block distracting websites.Brett: Check out the book, Crucial Conversations:Tools for Talking When Stakes Are High. It talks about how to make a conversation safe and use contrasting to slowly state your story in a way that is going to open up dialogue versus closing people down.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Join us for a special edition of Round Table as the team grills Flight School student, Joey Chiarello!Joining Mark for this in depth Q & A session are:Erik PetersonMike ZainoTate LitchfieldScott ToddJoey stumbled across Mark & Scott on another podcast back in 2017 and was intrigued by the model, so he jumped straight into Flight School a month later.Fast forward three years, Joey is still working a full-time job by choice, but also crushing it in his land business!Listen in as Joey sits down with the guys and answers these questions:What are his biggest challenges and the turning point for himWhat is his passive now and how long it took to achieve itHis average acquisition cost and monthly notesHow he picked the first county and how many he works inHis experience in Flight SchoolWorking with his spouse in the business and outsourcingHow many hours per day in the land businessBest deal to dateWhat should a newbie’s best attribute beHow much capital to startWhat aspects of the business he doesn’t likeWhat he would have done different in Flight School and how long it took to pay for itMonthly expenses-mailingsBiggest mistake to dateAlso, find out Joey’s overall sense of accomplishment and his answer to the pressing question, recline or no recline, in this week’s episode of The Land Geek Round Table!TIP OF THE WEEKScott Todd: Find the perfect city for your perfect climate at NomadList.com/Climate-Finder.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Our guest today, Dave Dubeau—marketer and real estate entrepreneur, has a 5-step solution to attract investors and raise capital so you can get the deal done!In 2010, Dave seller-financed rent-to-owns but hit a wall when he ran out of cash and credit with the perfect tenant/buyer ready to go. He found the adage, “find a good deal and the money will find you” was not true in the case for him. After several failed attempts to raise the capital, he ultimately lost out on the deal and told himself he was not going to let that happen again.Join us today, as Dave hands us an umbrella and shows us how to prepare before you actually need the money by warming up your sphere of influence with these five steps:Build a target list of prospective investors from your contact listReconnect with people on a personal level before talking businessThe transition message from personal to businessConstant, consistent, communicationBe seen as an authorityDave dives deep into each process and how to prepare so you can go into every deal with the money already lined up. Then, find of which of those steps Scott challenged him on and so much more on this episode of The Art of Passive Income!*It’s important that you understand your local state security and federal security regulations.TIP OF THE WEEKMark: Learn more about Dave at DaveDubeau.com.Scott: Check out NetflixHangouts.com—a chrome extension that allows you to watch Netflix while looking like you’re on a conference call.Dave: Go to InvestorAttractionBook.com to get the free e-book of Money Partner Formula.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s show, Team Land Geek is going to answer a question that gets asked often and that is, how much money do I need to get started in this business?The entire gang joins Mark today to give you a wide range of answers.Scott BossmanMike ZainoMimi SchmidtErik PetersonTate LitchfieldScott ToddSo, how much money do you need to get started and there’s a second part of the question, when should you start raising capital?With answers ranging between 500-5,000, the team dives into their own beginnings and how much capital they started with and when it was time to raise more money.All agree that you can start with too much capital but with all the options and creative ways available to purchase property today, you can start with little to no money to buy property and the only money you really need up front is for the mailings.Listen in to find out that hard number Mark pressed the team for in order to get started, along with:How many weeks for mailing you should have enough money forDifferent options for buying land at little to no costHow too much capital can hurt you in the long runShould you factor in education“Knowing what you’re doing will not only give you that confidence to keep buying land, but it will teach you what to look for and what makes a good county.” -TateThen, with all the talk about the many purchasing opportunities available for land investors today, thanks to the original land OG himself… who had to walk up the land investing hill... both ways, it had Mark feeling a little pained so he looked to the group for a little compassion.Did he find it? Probably not, but it was all in good fun!Finally, did you think the debate over reclining airplane seats was over? Think again! The battle rages on this week and leads to another debate over shoes or no shoes, in your home and in others. When do you enforce it in your own home and should it be an act of courtesy in others, or do you insist even when the house rules are no outside shoes inside.TIP OF THE WEEKScott Todd: Check out TOSDR.org—It addresses one of the biggest lies on the internet, “I have read and agree to the terms.” This website gives you a summary of those terms that you are agreeing to.Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

Are you a real estate investor who is coming up short on funds needed to close the deal on that great opportunity knocking at your door?Our guest today, Bruce Mack, is a professional real estate investor who has done over 102 million in transactions and has been a licensed financial advisor for over two decades.Bruce discovered that there is a big hole in the funding boat when he saw real estate people coming up short on their funding and were losing out on deals. So he founded Platinum Financing Group to plug that hole.Platinum Financing offers a variety of unique finance solutions and he’s going to talk about some of those solutions today.Bruce, who says there are few asset classes they won’t work with, starts us off by going over two critical pain points—getting funded when you’re first starting out and then protecting your funds.Listen in as we go over:The various programs offeredWhy corporate credit is not a workable solution for real estate investorsHow not to be classified as a dealerThen, find out what Bruce uncovered on his search for the holy grail of trusts as he does a deep dive into trusts and the program, Asset Protection Tax Mitigation Trust.“Specifically with asset protection, it’s bulletproof in as much no lien or judgment could ever be executed against an individual or against the trust.”Are LLCs a viable source of protection?The answer and so much more on today’s valuable and informative episode of The Art of Passive Income!TIP OF THE WEEKMark: My tip of the week is to go to PlatinumFinancingGroup.com.Bruce: Check out the book, The One-Minute Manager by Kenneth H. Blanchard and Spencer Johnson. It’s an hour read to learn how to be a good one-minute manager.Also, if you are interested in learning about the financing component, go to PlatinumFinancingGroup.com. There is an active calendar and you can block out 15-minutes to discuss what you want on initial consult.And, for those who are looking for complementary trust consultation go to PlatinumTrustGroup.com.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?.

Scaling your business is a vital part of the process to create passive income through the niche of raw land investing. And in order to scale, you will need to create a bulletproof system that will allow you the freedom to work on the business, not in the business.So, how do you create a bulletproof system with your VA team?Joining Mark to answer that question are:Erik PetersonScott BossmanMimi SchmidtMike ZainoTate LitchfieldScott ToddListen in as Team Geek goes over their own processes and how they put together a good team of VA’s and built their bulletproof systems. They offer sage advice, share tech tools along with:Running a litmus test before it goes to the VACreating systems that can hold up if a VA quitsRecognizing a good VA and more!To sum up it up…Know how to do the processes yourself before passing them off to someone else. Then map them out, hire well, cross train, and keep an open line of communication! Make sure your VAs see the big picture and what their role is in it. It also helps to break up the work into smaller micro-tasks.Then, Mike gets his spirit animal! Find out what it is and why it’s a perfect fit for him!Plus, the team takes a vote on reclining your seat on a plane, is it your right or just plain rude? It’s almost a unanimous verdict!TIP OF THE WEEKMimi: If you’re just getting started with Zapier, you can learn some good tips from the Facebook groups, Zapier User Community and Zapier Automation Community. There’s also Mentorship Program where you can either be the mentor or the mentee.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

With maintenance costs eating up his rental profits, our guest started looking for new ways to generate enough side income to cover the monthly mortgage on his apartment buildings... and he found them!Al Williamson—LeadingLandlord.com, is a former civil engineer and the author of Building Wealth With Inner City Rentals: Success the Catalytic Landlord Way. And today, he joins us to talk about the ancillary cash flow opportunities in property rentals.Al spent years doing the research, packaged all his ideas up and put them into a book called 40 Ways To Increase The Net Income of Your Rental Property.On today’s show, Al explains how the short/long term rental business works and shows us some creative ways to earn extra money on your rentals every month.With years of testing, Al has concluded that furnished rentals set the stage for all these other income streams, earning about 30% above market. Listen in as Al delves into the details of this strategy and how it compares with corporate extended-stays. Plus, we dive into:Other ways to bring in extra moneyRental arbitrage & the risksWorst advice Al has seen givenAirbnbs and more!Also, find out the details behind the incentives he offers to his long-term tenants… it’s a win win situation for all.Al proves that he is not your traditional landlord, he has taken an old strategy and put a unique spin on it by constructing the perfect formula of cash flow options, which covers the mortgage on his units without using the rent!Al has generously offered to give one of the Art of Passive Income listeners his book, 40 Ways to Increase the Net Income of your Rental Property. Check out The Motivation & Wealth Creation Group for details!TIP OF THE WEEKMark: Learn more about Al Williamson and his incredibly creative ways to increase the net income of any rental property by visiting LeadingLandlord.com.Scott: Check out Elephant.Rocks for text reminders. What’s cool about it is that you can text elephant and use real normal language like, “Hey, remind me to call mom tomorrow at 10:00 AM”, and then it will schedule it and remind you at 10:00 AM to call your mom.Al: My tip of the week is to practice preventative maintenance, use Green Gobbler for your drains before clogs appear. It’s a biologically friendly product that is proven to prevent clogs and prevents any unnecessary plumbing bills.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

We have a fun and interesting topic for you on this week’s Round Table discussion. The team is going to give an evaluation of each others superpowers that they think propelled them to success.Joining Mark for this fun exercise are:Scott BossmanMimi ScmidtErik PetersonMike ZainoScott ToddBut first, the team shares their favorite Bootcamp moments...Scott Bossman—Meeting the people he’s been talking to on the phoneErik—Seeing everyone in person and the St. Anthony hotelMimi—Meeting everyoneMike—Seeing the successScott Todd—Meeting flight students face to face and hearing their successMark—Seeing the success around the room and how many lives he’s he impacted. Mark also gets complete gratification when all questions have been answered!What rituals or superpowers do we think helped propel our colleagues into success?Scott Todd on Mimi—She slowly and methodically built her business. Went to every Bootcamp and used the opportunity during the open sessions to work on her business to get out of working in her business.Mimi on Erik—Erik developed a niche within technology to create processes.Erik on Mark—Mark saw the opportunity in land and ran with it. Eventually he decided to share it with the rest of the world, taking it from opportunity to community!Mike on Scott Bossman—The master of getting things done. He believed in the model and carved the time to make it happen.Mark on Scott Todd—There are two components that are Scott Todd’s superpowers:infrastructure building—He is very good at building a good laser focused team to avoid bottlenecksHe is the master of execution—He doesn’t put off what needs to be done and gets it done quickly and efficientlyScott Bossman on Mike—He is the king of rituals. The first year his goal was to erase debt so his repetition was to mail and market. He stayed the course and he got it done!Did everyone agree these were fair and accurate evaluations? Listen in for more details and to find out everyone ‘s thoughts on how they are perceived by their colleagues.Also, Mike gives everyone a spirit animal and why it symbolizes them.Scott Bossman—Buffalo. Endurance to overcome, great emotional courage and provider to all.Mimi—Armadillo. Slow, sure of yourself, in no hurry, keeper of the houseErik—Elk. Teaches that pacing yourself will increase your staminaTate—Butterfly. Outer transformation, and the ability to know and change the mindScott Todd—Eagle. Creator, teacher, loyalty, integrity, and a spiritual connection to the great divineMark—Mtn lion. The power of leadership and ability to lead without insisting others followTIP OF THE WEEKMimi: 2 tips this week. The first is the chrome app—Message Saver for Facebook.The second is a blog post from Hubspot to improve your sales—The Ultimate Guide to Objection Handling: 40 Common Sales Objections & How to Respond.Bonus tip—don’t volunteer to do the tip of the week!Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Today's guest is going to take one of the biggest pain points in your business, bookkeeping, and solve it.Ben Day, owner of LionShareBookkeeping.com, gives business owners back their time, money and sanity. He specializes in small businesses and real estate investors: from wholesalers, flippers, and rentals.Listen in as Ben talks about all the moving pieces of accounting and why, as a business owner, you need to educate yourself and get financial clarity so you know how to communicate with your accountant.We dive deep into:Why bookkeeping is killing people’s businessesThe biggest mistakes Ben sees people makeBusiness types—LLC, S Corp, C CorpFind out why Ben suggests to do a deal before you choose your business type. Plus, he gives advice on getting set up right from day one.To learn more about bookkeeping in general, Ben recommends reading Rich Dad Poor Dad to get financially literate. Also, check out his website for free resources.Most of us can probably agree, bookkeeping ranks pretty low on the fun-o-meter. But, whether you do it yourself or you outsource it, it’s important that you get educated on this vital piece of your business.TIP OF THE WEEKMark: My tip of the week is to get yourself out of bookkeeping, let the experts handle it, go to LionShareBookkeeping.com. Focus on working on your business, in growing your business, and allow the bookkeepers that are experts on it to make our life better, improve your cash flow, do some tax planning.Scott: We just made a change, we took Posting Domination and Accounting for Land Investors, we put it under the umbrella of InvestorNinjas.com. Go learn how to build your accounting system for your business.Ben: Work communication is always the hardest part of any business, regardless of the business type. Check out the Chrome plugin—Loom.com, a tool that helps you get your message across through instantly shareable video.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

In this first recorded episode of 2020, the gang's all back together and ready to discuss their newbie expectations when first starting out in the land business and what the reality really was.Joining Mark are:Tate LitchfieldMike ZainoMimi SchmidtErik PetersonScott BossmanScott ToddEverybody comes into this business with some sort of expectations, whether it’s with high hopes of getting rich quick or cautious optimism, I think I’ll dip a toe in and see if I can do this. The question is, what is the actual reality?Team Land Geek is going to share their reality with you today.In short:Mimi—Thought there would be more cash soonerMike—Just wanted to make enough to pay off debt but didn’t expect what really happenedErik—Very optimistic but then the sales didn't comeScott B—Approached with cautionTate—Underestimated the amount of work requiredScott T—Thought they would be knocking down the door with accepted offersAnd Mark, well, he had to come to terms that he couldn’t go through life buying everything .25 cents on the dollar!The reality is—this is not a get rich quick plan! This model is simple, but it’s not easy and it’s not going to happen overnight. You’re setting up a business and that takes time and effort. So take the time you need to set up your systems and a good team of VA’s that will ultimately take tasks off your plate giving you that time freedom you seek. GRIT—Grit is passion and perseverance for long-term and meaningful goals. It is the ability to persist in something you feel passionate about and persevere when you face obstacles.Mimi, who is the epitome of Grit, reads the definition and the importance of having it in this business. And, Mike comes up with an acrostic for GRIT…GetReadyIt’sTough!Listen in now to find out all the details of the team’s expectations vs. reality and how they overcame the obstacles… you just might find you can relate to one of them!TIP OF THE WEEKMimi: Subscribe to the Hubspot Sales Blog for some great tips!Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Our guest today is Scott Krone—founder of Coda Management Group. Coda teams up with investors to purchase strategically located, undervalued warehouse space and convert it into climate controlled self-storage facilities. They are a top three operator.Scott began his career in multifamily 25 years ago and when the crash came in '08 he began buying into the commercial realm and started seeing that there were some inefficiencies within the self-storage arena that he could take advantage of.Listen in as Scott gets into the weeds of self-storage and why it makes such a great investment. As Scott describes, “it's apartments without toilets”... a more simplified version that costs about 1/10th of multifamily. There's a lot less risk making it the safest asset class in real estate with the lowest default rates of all asset classes.We delve deep into:The costs that go into buying a buildingLocation, Location, LocationMitigating the risksA typical hold periodCreating valueThe definition of pace financing and opportunity zoneInvestor’s ROIThe perfect time to sell is when you don’t have to sell - Scott KronePlus, find out the biggest mistake Scott sees people make in the self-storage arena and so much more on today’s Episode of The Art of Passive Income!TIP OF THE WEEKMark: Learn more about Scott and his company at CodaMG.com.Scott: Google the 12 Steps to Intimacy in Attracting and Keeping Customers. If you think about this through the same concept as going through and building a relationship with your customer, you can apply the same 12 steps to marketing and to your customer.Scott Krone: Check out the book, The Road Back to You: An Enneagram Journey to Self-Discovery by Ian Morgan Cron. This book has helped us the most in the past few years. The concept is—that we all have— the nine personality types; the idea of this is the more healthy you are, the less this personality types get highlighted; the less healthy you are, they become more magnified and ugly in essence.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

In this week’s Round Table, the team rings in the new year by taking a look back at a few of their favorite things in 2019.Joining Mark are:Scott BossmanTate LitchfieldScott ToddWithout giving away too much, listen in as the guys talk about their:Favorite land dealsFavorite booksFavorite showsFavorite habitsFavorite purchases—$100 or lessWhen it comes to favorite deals, find out who said:“The moral of the story is if you remain consistent, these little gold nuggets show up in this business.”“I was able to buy 700 properties from one person. That might sound crazy to those listening to the podcast for the first time, but I basically bought a whole subdivision. I was one of the largest property owners in the county overnight.”“My favorite deals were the ones that I didn’t do.”And, find out whose sales team talked them into purchasing a property for a considerable amount more (8k) than usual (3k)...with the promise it would sell for 25K.Did it end up selling for that much? Find out now along with all the usual antics & banter as the battle of the razors rages on in this week’s episode of The Land Geek Round Table!Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?