Raw land. Is it the undiscovered country of the investing world?
Mark Podolsky of TheLandGeek.com shares his experience buying, selling, and leasing raw land as an investment.
Unlike buying traditional real estate, purchasing raw land doesn’t require a lot of money. Mark outlines a process of looking for lots with unpaid property taxes, purchasing the lots, and then offering them to people who live along the plotline.
The key to a successful raw land purchase is to do the research and due-diligence needed to make sure you have a clear title or other obstructions to a hassle-free transaction.
After Mark’s interview, the panel discusses other thoughts behind investing in raw land – and the pitfalls you need to be aware of.
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Today’s guest, Mark Podolsky:
Mark Podolsky is the owner of Frontier Properties. He has been buying and selling land full-time since 2001, completing over 5,000 land deals.
He co-hosts “The Art of Passive Income Podcast, which can be found on his website, Apple Podcasts, and other podcast directories.
Other places you can find Mark’s material:
For a quick bio of each of our show participants, head on over to our panelists’ page.