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SaaS Interviews with CEOs, Startups, Founders

What if you knew data behind the fastest growing SaaS companies today? Each morning join Nathan Latka as he spends 15 minutes interviewing SaaS founders. You'll learn how SaaS CEO's launched their startup and grew it into a business. SaaS Founders range from bootstrapped to funded, MVP to 10,000 customers, pre revenue to pre IPO.
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Now displaying: Page 1
Jan 23, 2016

Ep138 Mark J. Podolsky (AKA The Land Geek) is widely considered the Country’s most trusted and foremost authority on buying and selling raw, undeveloped land within the United States.  He has been actively investing in Real Estate and Raw Land since 2001, and has completed over 5,000 unique transactions.  Mark’s company, Frontier Equity Properties, LLC, is an A+ rated BBB real estate company.  Mark has achieved this level of success largely due to his core business philosophy – “Happy Customers Guaranteed.”  Mark is the host of one of the top rated podcast in the Investing Category on iTunes aptly title The Best Passive Income Model.  He is also the host of the Land Geek Podcast- Work Smart. Earn More. Learn How.

3 Key Points:

  1. The raw undeveloped land market is an untapped real estate niche that if bought and sold correctly, can generate considerable passive income.
  2. Selling raw undeveloped land doesn’t require rehab, renters, renovations, or rodent control. It can be done from a computer anywhere.
  3. Life is a numbers game. Don’t be fearful and take risks when you can.

Episode Notes: 

  • 01:00 – Nathan’s introduction to today’s show
  • 01:53 – Mark joins the show
  • 02:39 – Bought 160 acres of raw undeveloped land for 6,200$. Sold for 54,000$
  • 03:14 – Mark’s company sends direct offers to land holders that are accepted at a 3-5% rate
  • 04:21 – Why selling raw land is an ultimate passive income model
  • 04:50 – Specifics on how Mark’s company turns a profit
  • 06:15 – Land investing is an untapped real estate niche that isn’t intuitively profitable (at first!)
  • 07:15 – The business is still dependent on the market
  • 07:37 – 12% consistent annual returns
  • 09:13 – Mark’s total topline revenue in 2014 was over 1 million dollars
  • 09:21 – Mark’s company’s passive income exceeds its fixed expenses – generating over 20K a month
  • 10:26 – Mark’s company’s average ROI is over 1000% on owner financing and 300% on flips
  • 11:21 – Nathan’s post-podcast experiment
  • 11:51 – Buying correctly, the undeveloped land market is a reliable source of income
  • 12:05 – Amazingly most of the work is automated with software for Mark’s company  
  • 13:51 – The Famous Five

Related: Want to learn how to go from $0-$10k/mo in revenue fast? Join Nathan live on the Starter Tribe Beta free workshop.

Famous 5

  • Favorite Book?— Give and Take by Adam Grant
  • What CEO do you follow?— Elon Musk
  • What is your favorite online tool?— Voxer
  • Do you get 8 hours of sleep?— Yes
  • If you could let your 20 year old self know one thing, what would it be?— Don’t be fearful, be your authentic self, and understand that life is a numbers game. Take risks when you can.

Resources Mentioned:

 

 

Listen to The Top if you want to hear from the worlds TOP entrepreneurs on how much they sold last month, how they are selling it, and what they are selling - 7 days a week in 20 minute interviews! Join the Top Tribe at http://NathanLatka.com/TheTop

The Top is FOR YOU if you are:

A STUDENT who wants to become the CEO of a $10m company in under 24 months (episode #4)

STUCK in the CORPORATE grind and looking to create a $10k/mo side business so you can quit (episode #7)

An influencer or BLOGGER who wants to make $27k/mo in monthly RECURRING revenue to have the life you want and full CONTROL (episode #1)

The Software as a Service (SaaS) entrepreneur who wants to grow to a $100m+ valuation (episode #14).

Your host, Nathan Latka is a 25 year old software entrepreneur who has driven over $4.5 million in revenue and built a 25 person team as he dropped out of school, raised $2.5million from a Forbes Billionaire, and attracted over 10,000 paying customers from 160+ different countries.

 

Oprah gets 60 minutes or more to make her guests comfortable to then ask tough questions. Nathan does it all in less than 15 minutes in this daily podcast that's like an audio version of Pat Flynn's monthly income report. Join the Top Tribe at http://NathanLatka.com/TheTop

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