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The Art of Passive Income Podcast

Mark Podolsky (AKA The Land Geek) and Scott Todd from scotttodd.net are successful land investors, land investing coaches and committed to helping you break out of solo-economic dependency. Discover why Land Investing is The Best Passive Income Model (no physical inventory, a one-time sale, recurring revenue, a built-in incentive for the buyer to continue paying, and low competition). Learn about strategies, skills and helpful tips that will help you grow your Passive Income through Land Investing and other passive models.
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Mar 23, 2017

In today’s episode of The Art of Passive Income, Mark and Scott talk to Jake Stenziano and Gino Barbaro, experts in multifamily real estate investing.

Their business, JakeAndGino.com, is a real estate educational company that offers coaching and training in real estate investing. They also co-authored Wheelbarrow Profits: How To Create Passive Income, Build Wealth, And Take Control Of Your Destiny Through Multifamily Real Estate Investing, along with many others. 

These Wheelbarrow Buddhas take pride in providing value to their tenants at an affordable rate, which they term as modern affordability. They buy properties from Mom & Pop operations and reposition them, providing value to the tenants. 

We discuss the process of DUE DILIGENCE and why it's the most important factor that will save you time, money, and headaches in the long run!  

The key is being patient and persistent but willing to walk away during the negotiation phase. 

We also discuss:

  • The process of providing value.
  • The managing aspect of it.
  • And the 3-step process of repositioning!

Listen into this very informative episode as they tell us why they chose multifamily over all the other real estate niches. 

TIPS OF THE WEEK

Mark: Learn more about Jake and Gino at JakeAndGino.com. 

Scott: Read the book, Get Smart!: How to Think and Act Like the Most Successful and Highest-Paid People in Every Field by Brian Tracy. 

Jake: Vertical integration. Start from the ground up, brick by brick. Control everything from the lease, acquisitions, on-site management, etc. Start your own managing company, control every aspect of it and grow from there. 

Gino: 1. Be able to walk away from a deal. If you're emotionally attached to anything, you have less power; don't lose that power.  

2. Start with the end in mind. Whenever you do something, start with what's going to end up at the end. What do you want to accomplish? 

3. Get out of your comfort zone and be uncomfortable. It's okay to be uncomfortable because that's the only way you grow in life.

 

Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

Mar 16, 2017

In today’s episode of The Art of Passive Income, Mark and Scott talk to Andrea Waltz from GoForNo.com and co-author of Go for No! Yes is the Destination, No is How You Get There.  

Andrea helps people get over their fear of failure and rejection and today she talks to us about getting over and beyond the word NO and how you should not view it as a failure but as part of the destination to get to YES.  

How do you get over the disappointment or feeling of failure when you hear the word no?

  • Control how you respond with your actions and behavior—keep your actions positive.
  • Never berate yourself!
  • Set a daily or weekly number of NO goals and collect that number of NOs. 

Listen in as Andrea delves into the importance of the word NO and how it helps lead you to your ultimate goal. She also answers Mark's tough question of the week—Tell us something that we don't know about selling.

TIPS OF THE WEEK

Mark: Learn more about Andrea Waltz and go to her website at www.GoForNo.com

Scott: Check out the app BaiBoard 3. It's an online whiteboard where you can collaborate with your team on a shared whiteboard.

Andrea: Read the book The Four Agreements: A Practical Guide to Personal Freedom by Don Miguel Ruiz. 

Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

Mar 9, 2017

In today’s episode of The Art of Passive Income, Mark talks to student turned coach, David Banales. David is CRUSHING Facebook Marketing, and today he shares his journey with us; from finding The Land Geek model to now, 10 month later—being able to retire his wife so she can be a stay-at-home-mom, devoting her time to their WHY. Family is what's important to the Banales family, and land has helped them secure their future. Plus, David is on track to retire his father this year from their family owned business!

How did he do it in such a short period? He attributes his success to:

  • Taking massive action
  • Going the extra mile
  • And being persistent!

David, who is now coaching others on Facebook Marketing, shares the biggest mistake he sees others making when it comes to their marketing. Plus, he gives advice to those on the fence about which step they should take first.

David also shares with Mark that he found the county search to be the hardest. So how did he overcome the challenge of finding a county?

Listen in to find out now…

TIPS OF THE WEEK

Mark: Get the Geeky APP— Lumen5.com. It takes a blogpost, automates it and creates a video—and its free!

Also, get wholesale land at https://www.facebook.com/SimpleLifeLand/

David: Read the book Tools of Titans: The Tactics, Routines, and Habits of Billionaires, Icons, and World-Class Performers by Tim Ferris

Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

Mar 2, 2017

In today’s episode of The Art of Passive Income, Mark and Scott talk to John Sonmez, founder of SimpleProgrammer.com. He created Simple Programmer with the goal of making the complex, simple. He is also the author of Soft Skills: The Software Developer’s Life Manual.  

John puts all of his effort into Simple Programmer now, but he also retired from real estate at a very young age and he tells us about how he managed several passive income revenue streams and why he found real estate the true passive income model.   

Why is it the best option? A few things factor in: 

  • It produces a high yield.
  • It has such a low risk
  • It will always exist!

Listen in today as we get super geeky and talk about everyone's favorite words: automation, real estate, and programming...oh my!

TIPS OF THE WEEK

Mark: Learn more about John Sonmez by checking out his website SimpleProgrammer.com

Scott: Check out WrightsNotes.com. It's a website where you can create your own customized notebook. If there's a format that you want to follow on a daily basis or a format that you want to stick to, you can create the entire notebook based on the design you want.

John: Go to a Tony Robbins' "Unleash the Power Within" event. Or pick up the DVD's or digital copies. If you feel stuck or if you feel like you can't do things and there are a lot of things holding you back in life, he's a great resource to get you unblocked mentally and helps you really connect with your passion.

Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

Feb 23, 2017

In today’s episode of The Art of Passive Income, Mark and Scott talk to David Hoffeld, founder of TheHoffeldGroup and author of the book, The Science of Selling: Proven Strategies to Make Your Pitch, Influence Decisions, and Close the Deal.  

David has done the research and has proven that there is a scientific formula behind increasing your sales and he's here to tell us a bit about it. He says that whether you feel you're good or bad at sales, by applying this science, everybody can get better and increase their sales. 

We discuss: 

  • The 6 Commitments to a successful sale.
  • Incremental commitments.
  • The sales equation BD=F (SW,ES)
  • How to make the close of the sale simple.
  • How to structure follow-ups.
  • What is anchoring? 

PLUS so much more! This is a valuable podcast that you can't afford to miss!  

 

TIPS OF THE WEEK

Mark: Learn more about David Hoffeld by going to his website www.HoffeldGroup.com 

Scott: Check out the Listen app at UseListen.com. It's an app that lets you manage your conversations with smart actions like remind, whitelist, and mute. 

David: Go to his twitter feed @DavidHoffeld and check out all the value he offers. 

Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

Feb 16, 2017

In today’s episode of The Art of Passive Income, Mark and Scott talk to Leonard Kim from LeonardKim.com. Leonard is managing partner of InfluenceTree, a company that teaches you how to build your brand.  

Leonard is recognized by Inc. Magazine as a Top Digital Marketer and Top Youth Marketer and a Personal Branding Expert by Red Letter Resumes. After hitting rock bottom several times over and becoming homeless, he got sick and tired of being sick and tired so he started writing and built up a huge media following.  

He explains that being relatable resonated with others and helped to build up a large following. Some factors that can help you become more relatable: 

  • Leading with personality.
  • Be real. Use your genuine personality.
  • Put your fears out there. That resonates with others and helps form a connection.  

Leonard also talks about his early-on downfalls and blames Narrogance for playing a role in his failures along with his fear of failure and fear of success! 

Listen in to hear more of Leonard's inspirational story and find out exactly what he means by Narrogance.

TIPS OF THE WEEK

Mark: Learn more about Leonard Kim by going to his website at LeonardKim.com

Scott: Go to Oaxis.com and check out the new ink case for the iPhone 7. It has another screen on the back of the case that you can use to change the design of your case or use it to read e-books. 

Leonard: Read the book, The Four Agreements: A Practical Guide to Personal Freedom by Don Miguel Ruiz. It helps takes your eyes off of those material things and those other things that you're going after and it lets you focus on what really matters.

Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

Feb 9, 2017

In today’s episode of The Art of Passive Income, Mark and Scott talk to Arel Moodie from TheArtOfLikability. Arel has started and ran several companies. Inc. Magazine called him a High-energy motivator and he's on their 30 under 30 list. Essence Magazine said he should be the poster boy for rags-to-riches stories, and he is one of America's top young speakers! 

Today he is here to talk to us about the importance of being liked and the 5 important things to help you become more likable, which he calls the 5-S System: 

  • Special—How are you going to make that other person feel special?
  • Satisfy—Stick to your word. If you say that you're going to do something, then do it!
  • Smile—Not only focus on your smile, but how are you going to make that other person smile.
  • Standards—Acknowledge the best in yourself and in other's as well.
  • Sincerity—Being genuine is key to likability! 

It's important to take all of these into consideration when you are doing business with someone but also in life in general.  

Listen in as Arel discusses more into the details of his 5-S system.

 

TIPS OF THE WEEK

Mark: Become more likable and learn more about Arel by going to his website at www.ArtOfLikability.com

Scott: Read the book Be Obsessed or Be Average by Grant Cardone.

Arel: A weekly strategy that Arel calls Phonebook Roulette. Open up your contact list on your phone, and take your finger and swipe up and down and just stop. Whichever name you stop on, write that person a text message. Don't ask for anything, just say, Hi, I was just thinking about you and I want to let you know I really appreciate you. A lot of times we get so busy in life we can't tell people how much they mean to us but I want to tell you, you mean a lot to me. Sincerely...

Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

Feb 2, 2017

In today’s episode of The Art of Passive Income, Mark and Scott talk to one of our own Land Geek students, P.J. Reilly! In this Land Geek Q&A chat, P.J. shares his journey with us from start to the present. He shares valuable advice and information for anybody going through the Land Geek training now or even for those thinking about joining but are a little skeptical. 

P.J. talks about his biggest challenges and mistakes, best and most interesting deals, and how this model moved the needle in his life... PLUS so much more! 

A couple of the most important takeaways: 

  • Take action IMMEDIATELY!  
  • Forming a personal connection with your clients.  

And find out why he choose The Land Geek model over all others.

There is valuable information in this podcast from someone who has done the course and is now successfully executing on it! You can't afford to miss this!  

Listen in now...

TIPS OF THE WEEK

Mark: Check out NeverBounce.com. It is a real-time email verification and email cleaning services.

Scott: Check out MailParser.io. The site helps extract all relevant data fields from emails you receive on a regular basis based on your custom parsing rules and then automatically sends the data to applications you already use. 

PJ: Check out CheeseAndCrackers.tv. It is a media production company that specializes in creating original television formats that are produced to the highest of production values. Also check out ThePointsGuy.com. It teaches you how to utilize credit card points for things like vacations and hotels. If you are using a credit card for business then might as well get the right benefits for it.

Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

Jan 26, 2017

In today’s episode of The Art of Passive Income, Mark and Scott talk to M.C. Laubscher from CashflowNinja.com.  

M.C. is a wealth strategist, financial freedom fighter, educator and the host of the podcast—Cashflow Ninja. He also has a background in real estate and his mission is to help people eliminate the control that banks and financial institutions have over us by building wealth outside of Wallstreet.  

Today he talks to us about The Infinite Banking Concept. A concept that is used by many of the wealthy and even some  financial institutions, and how putting your money into mutual life insurance companies has far more benefits, including:

  • It's private
  • Asset protection
  • Guaranteed portion growth
  • Participation in dividends
  • PLUS Growth and distribution are TAX FREE
With all of these great benefits, why doesn't everybody do it? Because the knowledge just isn't out there, M.C. explains.

If you're looking for a better option to grow your wealth, you don't want to miss this podcast!

Listen in as M.C. delves deep into how it works and his Wealth Capture Strategy! 

TIPS OF THE WEEK

Mark: Tip #1 - Protect every transaction you make and never worry about payment or delivery by checking out SafeFunds.com. It helps secure your deals anywhere in the country or around the world.  

Tip #2 - If you are using an iPhone, then you can go to Settings, General, Accessibility, and then Speech. Inside Speech, you're going to see Speak Screen. Turn it on and it will easily allow you to hear the content of the entire screen by swiping down with two fingers. 

Tip #3 - Learn more about M.C. Laubscher and his podcast by going to his website at CashflowNinja.com.

Scott: If you are trying to come up with ways to train a VA then check out Bubbl.us. It is a visual thinking tool for structuring information, helping you to better understand, remember, and generate new ideas. 

M.C.: If anybody is interested in finding out and learning more about this strategy, email M.C. at info@cashflowninja.com and just put IBC in the heading and he will ship you out a physical copy of  Becoming Your Own Banker: Unlock The Infinite Banking Concept by R. Nelson Nash

Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

Jan 19, 2017

In today’s episode of The Art of Passive Income, Mark and Scott talk to Maneesh Sethi, creator of PAVLOK— a behavior training product that helps people break their bad habits and the results are quite shocking! He is also an author and has traveled and lived all over the world making it his life goal to show others that there is another way for people to experience the world. 

Maneesh talks to us about personality types and the effect that they have in the workplace. Having severe ADHD himself, he has studied the subject immensely and shares with us what he has learned and how it led to the idea of Pavlok. 

Maneesh delves deep:

  • Is ADHD misdiagnosed—Is it a personality type rather than a disorder?
  • Why it's important to surround yourself with the right personality type in the workplace. 
  • How making bets helps him to get the work done.

Listen in now to see how a slap in the face led to the idea of Pavlok!  

 

TIPS OF THE WEEK

Mark: Learn more about Maneesh Sethi by going to his website at Pavlok.com.

Scott: Check out Notebook.ai. It's a new smart notebook online. It learns from your interactions and grows with your ideas and collaborates back with you.

Maneesh: Whenever you find yourself uncomfortable, feeling like you're not doing something you're good at, don't feel broken but instead take a step back and think about your personality. A great book to help you learn more about your personality is The Art of SpeedReading People: How to Size People Up and Speak Their Language by Paul D. Tieger.

Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

Jan 12, 2017

In today’s episode of The Art of Passive Income, Mark and Scott talk to Jill Stanton from ScrewTheNineToFive.com.

Jill and her husband Josh have figured out what it takes to be successful in both business and in marriage. Together they help personal brands and businesses scale from the ground up. But how do they do it and still maintain a happy marriage?   

They set their boundaries:  

  • Identify your personal strengths
  • Work in separate areas
  • Stick to your own role and trust that the other has their side 

Jill shares her journey of how she went from a 9-5 job to saying Screw It and becoming successful in helping to build their own online business and brand, and is now teaching others how to do the same.

We also discuss...

  • Momentum Marketing
  • Self-doubt—Going outside of your comfort zone

This is a wild episode that Scott Todd says was one of his most enjoyable episodes and leaves Mark drinking the screw the 9-5 Kool-aid!  

Listen in to find out why.

 

TIPS OF THE WEEK

Mark: Learn more about Jill at ScrewTheNineToFive.com

Scott: Check out HeyLandlord.co. It's a way of keeping all the communications between landlords, property managers, and tenants all condensed into one space.

Jill: Read the book Profit First: A Simple System to Transform Any Business from a Cash-Eating Monster to a Money-Making Machine by Mike Michalowicz. 

Isn't it time to create passive income so you can work where you want, when you want and with whomever you want

Jan 5, 2017

In today’s episode of The Art of Passive Income, we go down under to talk to Tim Reid. Tim is a marketer and is also the host of Australia's #1 marketing podcast, Small Business Big Marketing

Tim has been in the marketing business his entire working life and shares with us what he has learned and what has made him so successful. He gives us great information that you can use in your own marketing strategies.  

Important factors:  

  • Consistency
  • Engaging content
  • Getting the pitch right
  • Understanding your brand 

He also advises to not try to do it all yourself. You should outsource whenever you can and it's also important to get clarity on what you stand for and chose a single platform... whether it's Facebook, podcasting, video or whatever you choose, just OWN IT!

Listen in as we delve deep into marketing from down under!
 

TIPS OF THE WEEK

Mark: Learn more about Tim by going to Small Business Big Marketing.

Tim: Understand how powerful your smartphone is as a marketing tool and start using it.

Isn't it time to create passive income so you can work where you want, when you want and with whomever you want? 

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