Mark Podolsky was an investment banker specializing in mergers and acquisitions with private equity groups. Not happy with his current position he meets someone who as a side hustle was finding he could be extremely profitable as a “Land Investor”. He was buying up raw land at pennies on the dollar…flipping them online and making…and making a 300% return on his investment. Realizing the opportunity he decided to give it a try with the help of his new friend. They went to New Mexico with Mark’s 3k in hand and he buys 10…½ acre parcels at an average price of $300 each. He puts them all online and finds it worked they all sold for an average price of $1200 each. And so it begins!
$90,000 in the next 6 months
Seeing how successful he was the first time around he decided to repeat the process and try it again. This time he was able to generate over $90,000 in 6 months. With that ROI it was a no-brainer and the decision was made to continue this process while still at his job in banking until he and his wife were secure enough with this investment strategy to leave his banking position.
18 Months to a Secure Income in Land Investing
Mark continued to repeat the process seeing success each time. After only 18 months, he found that he was able to completely replace his Investment Banking Income with the newfound Land Investment Income and he was able to leave his banking position for good. He has been investing in land full time ever since and has completed over 5400 land deals as a result,
To learn more about Mark and how to connect with him listen to Gary’s recent interview with him on our Massive Passive Cashflow Podcast #72.