In episode 108 of The Side Hustle Show last year, we met Mark Podolsky, a real estate investor specializing in raw land. He called it “The Best Passive Income Model,” because there are no products to build, no tenants or toilets, and you can start without a huge upfront investment.
This year, I wanted to feature a couple listeners who took action based on that episode. The first is my friend Josh Brooks, an Army Battalion Commander and founder of The Enduring Charity Foundation.
Josh has actually been investing in real estate for over 10 years, but accelerated his land-investing efforts after hearing Mark on the show last year.
Tune in to hear Josh’s tactics for sourcing deals, finding buyers, and setting up his land business for recurring passive income.
I know it’s a good episode when I hang up the call buzzing like I should totally start this!
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Learn:
- Josh’s step-by-step process for finding land owners and sourcing deals.
- The criteria he uses to filter parcels.
- The service he uses to get leads for $0.05 apiece.
- His “forced value generation” cash offer strategy.
- The time commitment needed to run this business as a side hustle to his Army job and Enduring Charity work.
- Josh’s marketing strategy for selling the property once he owns it.
- How his land purchase contracts are set up for recurring passive income.
- Josh’s #1 tip for Side Hustle Nation.
Links:
- The Enduring Charity Foundation
- Josh’s email
- Josh’s Land Watch Listings
- TheLandGeek.com
- Mark’s Investor Toolkit – Save $500 with promo code sidehustle! (affiliate link)
- Mark Podolsky on The Side Hustle Show
- LandTrainer – premium training course put together by a Side Hustle Show listener.
- Land Academy
- Agentpro247.com
- LandandFarm.com
- Scott Todd
Download the Free PDF "Highlight Reel" from this Episode
With all of my guest's top tips and resources included.
Enter your email to access it now:
You'll also receive my best side hustle tips and weekly-ish newsletter. Opt-out anytime.
My goal this year is to find myself a side hustle and this one has me SO excited! I would love to hear of anyone else’s experience trying this out, please share!!!
AWESOME podcast!! Really enjoyed hearing this
Thanks Dustin!
@Nick Loper have you tried this!? I’d love to hear about it if you have!
Not yet. If/when I do, I’ll be sure to write about it here!
Hey Nick,
awesome podcast, thank you!
Is it possible to flip land in the US without being a US citizen/resident and being located somewhere else?
Since most of these deals are done remotely, it definitely seems doable. But I’d check on foreign property ownership rules/restriction/taxes.
This sounds really great. I would like to get more info and get in on this.
Awesome show !!!
Land here in Texas, specifically in the Hill Country has risen in value so significantly over the last 10 years that large acreage ranches can’t be purchased for anything under 8 figures. As the wells dry up and the subdivisions keep getting built, it’s only a matter of time before the area turns into another Flint Michigan…dependent on water bottles for everything.
Really cool – I love land as an investment vehicle as well