In this short manifesto, Mark Podolsky AKA The Land Geek gives details into how you can make over $10k/month in passive income by investing in raw land. You don't need a lot of money, expertise or connections. Just the ability to take massive action.
How To Make $10k/month in passive income in less than 24 months
1. www.thelandgeek.com
Phone: (888) 620-6742 | Fax: (888) 838-5620 | Email: mark@thelandgeek.com
The Land Geek’s
Passive Income Blueprint
Buying And Selling Raw Land:
A Proven Strategy For Financial Freedom
2. www.thelandgeek.com
Phone: (888) 620-6742 | Fax: (888) 838-5620 | Email: mark@thelandgeek.com 1
When I graduated from college my first job was as a dental
broker. Basically, I helped dentists grow their practices through
mergers or helped retiring dentists sell their practices. At 23
years old, I had no idea what I was doing and was lucky enough
to have a mentor named Raj who had an MBA and a chemical
engineering degree. Raj taught me how to create pro-formas,
recast earnings and appraise dental practices. However, that was
just the nuts and bolts of dental brokering. What I really learned
was that dentists, doctors, chiropractors and most people in the
business world were afflicted with a disease that I like to call
solo economic dependency.
What is solo economic dependency? It means if you are not
working then you are not making money. For example: if the
dentist was not billing for dental work they had no other means
to generate income to pay their overhead and make a profit.
continued next page >>
The Freelancers Curse—
Solo Economic Dependency
3. www.thelandgeek.com
Phone: (888) 620-6742 | Fax: (888) 838-5620 | Email: mark@thelandgeek.com 2
It was like they were pulling a wagon
uphill and inside that wagon were
their hygienists, dental assistants, office
manager, equipment suppliers, and
the dentist was the only one pulling
that wagon. The same problem exists
for every freelancer and everyone else
who is in a position where if they’re not
working they are not getting paid. They
are completely dependent on a job or
their own labor to create any income.
When you are young, energetic, and ambitious, you never think
about at some point I may want to do something else with
my life besides constantly work and provide for other people.
Providing for your family is great and necessary, but what I
discovered was that dentist’s and most people were afflicted
with solo economic dependency. To an outsider, it looked like
the dentist was working for his staff and suppliers and not the
other way around. As a result, Raj and I would dream about the
perfect business.
The Freelancers Curse—
Solo Economic Dependency (continued)
4. www.thelandgeek.com
Phone: (888) 620-6742 | Fax: (888) 838-5620 | Email: mark@thelandgeek.com 3
We discovered that the
perfect business would have
a few basic characteristics:
• No physical inventory
• A one-time sale and then
recurring revenue
• Built-in pain or hassle for the
customer to opt out of that
service or product
• A niche without competitive pricing pressures
Can you guess what we decided would be the perfect business
based on our criteria? Wait for it... Life Insurance. However,
even though the first three characteristics of our model would
be satisfied by selling life insurance, unfortunately life insurance
presented a few unique problems.
continued next page
The Perfect Business
5. www.thelandgeek.com
Phone: (888) 620-6742 | Fax: (888) 838-5620 | Email: mark@thelandgeek.com 4
Selling life insurance is highly competitive, not much fun to
actually sell since most people avoid their life insurance agents
like the plague, and there are pricing pressures as life insurance
is a commodity. Raj and I would argue about software
companies such as Microsoft having the perfect business at that
time, but even before Apple Computer’s rise to prominence
we could see the continued costs and pressure to constantly
innovate within the Microsoft model.
After working with Raj, I got another job at a business
brokerage firm that specialized in mergers and acquisitions.
I’ve most likely looked at over 1000 companies in my 5 years
of working in that industry. After speaking with countless
CEOs and CFOs always in the back of my mind I could hear my
mentors voice whispering to me “is this the perfect business?”
continued next page
The Perfect Business (continued)
6. www.thelandgeek.com
Phone: (888) 620-6742 | Fax: (888) 838-5620 | Email: mark@thelandgeek.com 5
Then with a stroke of amazing luck, I met up with a high school
buddy of mine named Steve. He was buying and selling raw land
on a booming platform named eBay. Even though his average
profit was 300%, his strategy had one major fatal flaw and that
was he had no relationship with the customer and no recurring
revenue model.
Yet what I discovered was that buying and selling raw land was
the answer to what is the perfect business.
• Unlike everything else in life, raw land lasts forever
• It can easily be improved to increase its value
• Unlike a building or home, it has a low cost of ownership
• Every piece of land is unique and, although it is a
commodity, it has tremendous pricing flexibility
• By utilizing owner financing it accomplishes number 2 of
my perfect business model. That is, it is a one time sale with
recurring revenue
The Perfect Business (continued)
7. www.thelandgeek.com
Phone: (888) 620-6742 | Fax: (888) 838-5620 | Email: mark@thelandgeek.com 6
The best part about raw land,
and this is what I told my wife
when I got into the business,
was that even if I couldn’t sell
my land at least we owned
land! Land is an asset that
we can have at a low cost
of ownership that would
increase in value that we
actually had control over. I explained to her that we couldn’t
eat money, but if we had to live off our land and cultivate our
land this would be the ultimate asset to own.
“I never like to buy anything
except land. It’s the only thing
that lasts.”
—Ted Turner, billionaire and
largest land owner in the U.S.
Putting Your Income On Auto-Pilot
8. www.thelandgeek.com
Phone: (888) 620-6742 | Fax: (888) 838-5620 | Email: mark@thelandgeek.com 7
Time is money.
With today’s technology,
entrepreneurs are able to get
more done in less time than
ever before in history. As we
transition from an industrial
economy to a connection
economy, understanding this
leverage becomes critical. I
like technology, but I do not spend my days converting videos,
posting to forums and blogs, producing my own maps,
or even sending out my own offers.
All I do is create a process, document it for an outsourced virtual
assistant to execute at a fraction of the cost, and spend an hour
a day making sure it was done correctly. This is essentially how
every business leverages its time to maximize its effectiveness
and profits.
continued next page
Working Smart vs.Working Hard
9. www.thelandgeek.com
Phone: (888) 620-6742 | Fax: (888) 838-5620 | Email: mark@thelandgeek.com 8
This way, I’m focused on working “on” my business and not
“in” my business, and we will discuss how I do this with my
virtual assistant management course. In the next few days, I’m
going to discuss a few major themes, explain how to get off of
the solo economic dependency treadmill, and begin securing a
more predictable financial future for you and your loved ones.
However, before we get into the meat of how to create these
processes, we need to start with the why.
Why not just make as much money as possible,
invest in the stock market, and retire at 65?
First, of all if that is the track you are currently on, how’s it
going? If I had to bet, I’d predict it’s not going that well and
you’re probably stressed out and wondering if you’ll ever be
able to retire. Since everyone’s needs and spending habits are
different, there is a link below to see how much you would need
to save to retire. I plugged in that I would simply need a modest
income of $150,000 a year in retirement to live the lifestyle I
would want in order to eat well, travel, pay medical expenses,
take the grand kids on vacations, etc.
continued next page
Working Smart vs.Working Hard (continued)
10. www.thelandgeek.com
Phone: (888) 620-6742 | Fax: (888) 838-5620 | Email: mark@thelandgeek.com 9
What I discovered was that I would
need to save $4,228,960 If I wanted to
live to age 90 with an average yield on
my investments of 6%.
However, it took me only 3 years to
accumulate enough land notes to
exceed this income on a passive basis.
Plus, unlike the stock market, I have
total control over the land. I create the pricing, choose the location,
decide if and what type of improvements I can make, and where
and how I want to market my property. As a result, I have essentially
created an income stream for myself backed by an asset and I can
duplicate the process again and again.
However, if you invest your money in the stock and bond markets,
how much control do you really have? Do you completely understand
the business? Are you 100% confident that management is working
for the shareholders and not themselves? If you’re on this track and
things are going well, then great, this program isn’t for you. However,
if the prospect of saving over $4 million seems impossible to you, then
continue reading.
RETIREMENT ESTIMATION
INPUTS
Required Income (Curent Dollars) $150,000
Required Income (Future Dollars) $233,695.11
Number of Years Until Retiring 15
Number of Years After Retiring 25
Annual Inflation (on Required Income) 3%
Annual Yield on Balance 6.0%
$4,228,960! YIKES!
YOU WILL NEED $4,228,960.47
Working Smart vs.Working Hard (continued)
11. www.thelandgeek.com
Phone: (888) 620-6742 | Fax: (888) 838-5620 | Email: mark@thelandgeek.com 10
Once you plant the roots,
things begin to grow.
Let’s be completely honest,
acquiring land, then marketing
the land, and finally managing the
notes doesn’t sound like passive
income to you does it? Well, I
could argue that if we define
passive income as having to do
absolutely nothing, then there is
no such thing as passive income. You still had to earn the money
to put into the bank to earn a passive income on the interest.
So let’s be clear, when you first start out there will be some
work involved. However, I will teach you how to outsource the
majority of this business so that you don’t have to manage the
notes, market the property, or even send out the letters or go to
the auctions yourself to buy the parcels. Nevertheless, you will
have to manage your team and make sure that they’re doing
things correctly!
continued next page
How I Define Passive vs.Active Income
12. www.thelandgeek.com
Phone: (888) 620-6742 | Fax: (888) 838-5620 | Email: mark@thelandgeek.com 11
Don’t worry though, I will teach you how to put systems in place
so that this process is clear and it helps your team to become
effective and accomplish your goals.
Therefore, I define passive income as making money in your
sleep after you’ve set up your systems and you are no longer the
driver to earn that income.
How I Define Passive vs.Active Income
(continued)
13. www.thelandgeek.com
Phone: (888) 620-6742 | Fax: (888) 838-5620 | Email: mark@thelandgeek.com 12
When you first start putting my systems into action and start
making money, please don’t quit your day job! Like any new
endeavor, you will have struggles as you get your arms around
the nuances of this business. Only pursue buying and selling
land full time once your income exceeds your full time job.
That’s what I did. I worked for 18 months at my investment
banker job while working my land business part time. Only after
my land income exceeded my income at my full time job did I
take the plunge.
Being Realistic
14. www.thelandgeek.com
Phone: (888) 620-6742 | Fax: (888) 838-5620 | Email: mark@thelandgeek.com 13
“The tragedy of life doesn’t lie in not reaching your goal.
The tragedy lies in having no goal to reach.”
—Benjamin Mays
If you’ve come to the point that you’re no longer interested in
being a passive spectator and watching your life unfold one day
at a time, but instead want to actively and deliberately begin
forming a plan to step off of the treadmill and begin living the
life you choose instead of having life’s events choose for you,
now is the time to start setting goals. The problem for most
people is that they don’t take a systematic approach to setting
up their goals.
continued next page
Creating Your Plan Setting Goals
15. www.thelandgeek.com
Phone: (888) 620-6742 | Fax: (888) 838-5620 | Email: mark@thelandgeek.com 14
Below is my goal setting system to get you started:
In my virtual assistant management program I discuss this smart
system at length. However, using this method as a guide, you
can clearly see that creating goals in this way will help you
become much more focused and keep score to know if you
need to adapt your approach to achieve your goals.
The SMART Goal System:
S — Specific
M — Measurable
A — Achievable
R — Relevant
T — Time bound
The SMART Goal System:
S — Specific
M — Measurable
A — Achievable
R — Relevant
T — Time bound
Creating Your Plan Setting Goals
(continued)
16. www.thelandgeek.com
Phone: (888) 620-6742 | Fax: (888) 838-5620 | Email: mark@thelandgeek.com 15
I’m going to be sharing with you my passive
income system to help you achieve the following
goals in your life:
• Working smarter not harder
• Creating a passive income system using land
investments as that vehicle
• How to utilize a virtual assistant team to help you
implement your goals
What To Expect
17. www.thelandgeek.com
Phone: (888) 620-6742 | Fax: (888) 838-5620 | Email: mark@thelandgeek.com 16
I’m going to discuss the following:
• How to flip land for massive profits
• How I create buyer frenzies and have buyers fighting
over my deals
• The secret to differentiating your land from the competition
• How to TRIPLE your investments consistently
• How to profit MORE from a $100 chunk of land
than a $100,000 house
• How to avoid tenants and still collect monthly rental income
• How to Put the Grunt Work on Auto-Pilot
So stick with me. We will be providing almost daily emails of valuable
information to help you get out of solo economic dependency and
start making money in your sleep.
Here’s to engineering your success,
Mark J. Podolsky
AKA
The Land Geek
What To Expect From Me
18. www.thelandgeek.com
Phone: (888) 620-6742 | Fax: (888) 838-5620 | Email: mark@thelandgeek.com 17
Want to Learn More?
Get valuable information on
how to make money buying
and selling land!
ff Subscribe to the Best Passive
Income Model Podcast—
http://apple.co/1xwGG1j
ff Connect with me on social media:
• Facebook—https://www.facebook.com/thelandgeek
• Twitter—https://twitter.com/TheLandGeek
• Linkedin—https://www.linkedin.com/in/thelandgeek
Additional Resources