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Showing posts from May, 2020

How Mark Podolsky Got Started in Land

I sat down with Mark Podolsky of The LandGeek to catch up on how he got started in the business.  Enjoy! Video Transcription Jim: All right. So I’m here with Mark Podolsky. So I just want to thank you first of all for giving me the chance to interview you. You’re a mentor of mine. I started out, I had a side hustle with Bitcoin that led me to look for new opportunities because I got a good start in that, but I wanted to build a more sustainable business. And the way I found out about you was Nick Loper’s Side Hustle Nation podcast and that’s what kind of kicked everything off for me. So I wanted to interview you to learn more about you, learn more about your backstory and find out how you got into this business. From the very, very beginning when you were still working full time. Mark Podolsky: Yeah. So if we rewind to 2000 I was a micromanaged, overstressed, 45 minute commute and back to work investment banker and it wa

Questions To Ask Before Buying Land

Buying land can be confusing so here are the 3 most valuable questions to ask before buying land! Do you own this property? Yes, really!  You want to make sure that the person you are buying this property from has clear title to the property.  They should be able to show this to you and provide it via the County Assessor website, or, they should be able to furnish a copy of the notarized Deed showing they purchased this from the previous owner. Are there any back taxes owed on this property? What taxes are owed on this property?  When you buy a property,  you are inheriting any back taxes, liens and encumbrances!   You want to be sure that there are no back taxes on the property.  This can be checked at the County Treasurer website by entering the APN or parcel number. Do you offer a money-back guarantee on this purchase? Many land sellers have a policy of all sales are final.  My purchases have a 30 day money back guarantee on all sales.  If you don’t love the pro

Buying Vacant Land For Investment

There are many ways that you can invest in real estate – from residential to commercial to multifamily… and one often overlooked way to invest is a land investment… Are you looking at buying vacant land for investment ?  If so, keep reading because this post will walk you step-by-step through the reasons that you might consider holding vacant land in your portfolio. There are many reasons why someone might be interested in buying vacant land for investment… Reason #1. Land is one of the original investments! Long before people were flipping houses on network TV, investors were staking their claim on raw, vacant land and building their fortunes on it. All the way back to ancient times, kingdoms were built on the value and opportunity that land presented… even raw and undeveloped land had perceived value.  Arizona in particular is great because of the various different types of land that can be had (desert, city, mountain views, treed, etc.) Reason #2. Land is a scarc

Coronavirus Precautions When Buying Land in Arizona

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Are you planning to buy land in Arizona? Coronavirus or COVID-19 has impacted all of our lives in various ways, but if you were planning to buy land, you may feel like there was a wrench thrown in your plans!  Not to worry! The good news is that our team is here to help! While following the guidance of local, state, and national officials, we are still able to help you buy. Precautions We Have Put In Place We have closed our physical office at the moment, we practice social distancing, and have eliminated any meetings that can be done over the phone or via a video call. We are taking this very seriously and are doing everything we can to keep our team safe.  Thankfully, with modern technology, we can do nearly everything remotely! How We Are Able To Serve You We are always available via a good old fashioned phone call! We’re happy to learn about your needs, buying goals, and your situation! If you prefer,

5 Things To Look For When Buying Land

Buying land in Yuma is an excellent investment choice, but do you know what to look for? In this post, we offer 5 things to be aware of. Whether buying land for investment or to build a home, you will need to know as much as you can about the land before making the purchase. Below are a few things to look for when buying land. We also always recommend that you have a land feasibility study done before you buy to ensure that the vision you have for the land is a reality. Zoning Restrictions The zoning that covers your particular piece of land will directly determine what you are able to do with it. Your property could be zoned residential when many nearby properties are commercial. The zoning may say you cannot build a specific type of property or go above a certain height. When buying land, make sure that the zoning allows you to do what you want to do with the property. Soil Types The last thing you want is to buy a piece of land, only to find that you aren’t abl