In today’s episode of The Art of Passive Income—Round Table edition, Mark is joined by: Jeannie Morem Aaron Williams Erik Peterson Scott Bossman Mimi Schmidt Scott Todd We start off with a case of, what would you do. Jeannie has the opportunity to buy property in the path of growth in Los Angeles County. The property is zoned residential and there are plans to build a freeway near it. Should Jeannie buy & sell like normal or buy & hold for a possible higher profit down the road? There are a lot of conditions to take into consideration and the panel all weigh in on them. Our next topic is a geeky and valuable one—Listen in to find out how everyone uses the collaboration tool, Airtable. Other resources mentioned: Notion.ai Posting Domination Management TIP OF THE WEEK Erik: Check out Podium.com—a tool for gathering reviews. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income, Mark and Scott talk with Geoff Nicholson—GeoffNicholson.uk. Geoff works with people all over the world—entrepreneurs, CEO’s and other high performing professionals through coaching, mentoring, training and speaking helping them to create and live an exceptional life. Geoff’s story is an interesting and inspiring one. In 2000, he suffered from a bout of viral meningitis and recovered but within a year he was struck again which triggered a series of severe stress-related conditions that caused him to be bed bound for a year sleeping almost 20 hours a day rendering him housebound. He struggled with severe depression, anxiety, guilt and many other debilitating mental and physical conditions including severe lethargy, chronic migraines, racking muscular pain, poor concentration, and memory. He was so weak and lethargic, a simple walk down the stairs would take him half an hour. He suffered this way for years and then in 2006 with feelings of deep despair he felt like he couldn’t keep going or continue to put his family through his suffering so he decided to take his own life. He sat out to do it but stopped just before that fateful moment because of what he heard. What did Geoff hear that literally stopped him in his tracks?  And, how does one come back from such a dark place to go on and LIVE such an exceptional life?  It all starts in your head… "We all limit ourselves in the way of what we are thinking to what we are actually doing."  Listen in as Geoff walks us through his incredible journey of healing, in mind over body. TIP OF THE WEEK Mark: Learn more about Geoff by going to his website at GeoffNicholson.uk. Scott:  Read the book, The Success Principles by Jack Canfield. Read it, read it again, execute on it, and your life can be exactly what you want it to be. Geoff:  Do a productivity experiment—Every quarter within your business, focus on a certain result that you're looking for and explore how you can make that as efficient as you possibly can.   Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income—Round Table edition, Mark is joined by: Jeannie Morem Aaron Williams Erik Peterson Mike Zaino Tate Litchfield Scott Todd Scott Bossman Mimi Schmidt Aaron brings up the first topic for discussion—Buying Within City Limits. Listen in as our full panel of Geeks clear up the questions: Should you avoid it and why? What should you watch out for in Due Diligence? Is it different than rural land? Next topic up for discussion—Legal Advice. Jeannie poses the question, should a land investor retain an attorney for legal advice or any issues that may arise? The gang all share their thoughts, experiences, and advice! And, can we be seeing Scott Bossman on a more regular basis on Round Table!? Listen in now for all the details! TIP OF THE WEEK Aaron: Check out the Chrome App, Speed Dial FVD to create a 3D wall of easy to access bookmarks whenever you open a new tab. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income, Mark and Scott talk with Chris Prefontaine—Founder of SmartRealEstateCoach.com and SmartRealEstateCoachPodcast.com. Chris, who has been in real estate for over 25 years has extensive experience in the construction of over 100 plus single family and duplex homes. Plus, he’s owned a realty executive franchise, done 80 million in real estate transactions, and does condo conversions! He mentors, coaches, consults, and partners with students around the country, alongside his family. Chris is also Amazon’s bestselling author of Real Estate On Your Terms: Create Continuous Cash Flow Now, Without Using Your Cash Or Credit. Today, Chris gets into the nuts and bolts of sandwich leasing—being the middleman between the seller and a rent-to-own buyer. Chris buys 3-6 homes a month on terms—Buying them without using his cash, without applying for loans, and without deposits on a lease purchase or owner financing option. Listen in as Chris delves into: The lease purchase process The lease-end turnaround process to sell as a rent-to-own Why it makes sense for a homeowner to sell to a middleman Finding the deals How much capital needed on the turnaround sell for repairs or upgrades Things that can go wrong Plus, Chris walks us through a case study of his last deal!   Without being able to poke any holes into Chris’s niche, both Mark and Scott lose all focus and come down with a severe case of shiny object syndrome. But in the end, each agrees that there’s no niche like land. If you're hungry for real estate, you don't want to miss this episode!  TIP OF THE WEEK Mark:  Learn more about Chris by going to his website at SmartRealEstateCoach.com. Scott: Check out the service called FreshChat at FreshWorks.com. It's live chat software on multiple channels. Chris: Reach high with a mentor. Also, read the book, There's a Customer Born Every Minute: P.T. Barnum's Secrets to Business Success by Joe Vitale. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income—Round Table edition, Mark is joined by: Tate Litchfield Mike Zaino Erik Peterson Aaron Williams Jeannie Morem With the final Orlando Bootcamp and the last one of 2018 just over a week away, we wanted to give you some insight on what to expect if you’re attending for the first time. Join the panel of Geeks as they offer great advice for preparing for a full weekend of intense training. The one piece of advice that was reiterated by all was to get plenty of rest beforehand! The amount of information you will receive can be overwhelming so it helps to go into Bootcamp with a well-rested and open mind. Between the networking & information—that total immersion, no matter where you are in the business you will walk out of there a different person with your business. That is a guarantee! Then, Mark poses the question: Do you have to be at a certain point in your business to take full advantage of Bootcamp? The answer is yes, and no. Listen in now to hear more of the details. Plus, Jeannie gives great advice from a newbie student perspective and Tate gives us a little VIP teaser! TIP OF THE WEEK Mike:  Check out our social media sites, Instagram—@TheLandGeek and Twitter—@TheLandGeek. There is a lot more content coming! Erik's Book Recommendation: Rich Dad Poor Dad by Robert T. Kiyosaki. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income, Mark and Scott talk with Tyler Sheff, CEO of CashFlowGuys.com—where the goal is to simplify the process of buying and selling real estate. His company aims to educate their clientele in investing in real estate and building long-term wealth. The Cash Flow Guys provides their clients with the necessary tools to succeed as a real estate investor from the ground up.   Tyler shares a bit of his backstory starting with house flipping 20 years ago before TV had popularized it with the HGTV shows. His plan was to get rich flipping houses until Uncle Sam stepped in and demanded his cut of the capital gains. Fast forward a few years, he’s now working for the Government and making great money, but Uncle Sam is still taking his share of income taxes. So Tyler googled how he can legally reduce his tax bill and that search led him back to real estate, to buy and hold properties. But, Tyler who was now accustomed to a certain lifestyle knew that he couldn’t scale fast enough on single family homes and decided that multifamily of 5-50 doors made more sense for him. If I want to change how I am taxed I simply need to change how I  generate income. Today, Tyler shares his multifamily real estate strategy with us and why he focuses on Mom & Pop properties where, like in land, he finds the opportunities in the due diligence process. Also, find out: Tyler’s strategy to leverage the equity for a tax-free payday His sweet-spot for private money As a realtor, why he takes his commision on notes The downside to his model And, so much more! This podcast is a wealth of information, listen in for all the details! TIP OF THE WEEK Mark: Learn more about Tyler by going to his website at CashFlowGuys.com. Scott:  Read, Thinking, Fast and Slow by Daniel Kahneman. Tyler: Take action and invest for cash flow. Don't invest on piles, invest in streams. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income—Round Table edition, Mark is joined by: Tate Litchfield Jeannie Morem Erik Peterson Aaron Williams Scott Todd Occasionally we run into obstacles in this business that slow down progress. Usually, we can get around those roadblocks ourselves with time, persistence, and patience. But what happens when those obstacles are out of our control? Today, Bearland Aaron shares one of those situations with us, in regards to county backlog and processing times. We go over possible solutions and strategies for those choke points that are out of our control so that we can keep the deal moving forward in a timely manner. And, should part of our county research include calling the county to find out how quickly they can get things done and also ask if they use Simplifile? Listen in now as Tate gives us his checklist of questions when researching a county. TIP OF THE WEEK Erik:  RemindThem.com—To easily collect phone numbers so that you can send text messages about new content and promotions. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income, Mark and Scott talk with Rick Coplin—RickCoplin.com. Rick is a communicator, coach, and catalyst leading successful people to clarify their mindsets, identify their purpose, and cultivate the conviction to intentionally leverage their success and move into a life of significance. Rick puts his focus into helping those who have already been successful in life but who feel like there’s something more. He takes them through a process to help them design their perfect lives by understanding who they are today and what they believe they are capable of doing and who they want to be. Join us as we delve deep into getting to the core of our significance. Plus, Rick answers: Why he chooses to work with successful people Challenges he sees people face crossing the bridge to a life of significance Where he sees people defining significance Plus, find out which three people, living or not, he would have over for dinner and what’s the one question he would ask them. Listen in now as Rick takes us on a journey into our psyches to uncover our path to significance. “The key is not thinking that it’s a singular linear path. It is a path that you start and make decisions along the way that radically change or in some small ways change what you are doing...you tweak it. It’s an evolutionary thing, not a radical one.” TIP OF THE WEEK Mark: Learn more about Rick and how you can achieve significance in your life, going from success to significance at RickCoplin.com. Don’t forget to check out his podcast, a really great resource for moving up that chain of Maslow's hierarchy and really helping define your purpose, becoming more intentional in life and becoming a greater contributor. Scott: For taking fast notes right from your menu bar, check out the Mac app, Tyke.io—It's free! Rick: Read the book, Half Time by Bob Buford. It’s about what are you doing with your life as you work your way through your career? What's going to be significant about you? Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income—Round Table edition, Mark is joined by: Tate Litchfield Mike Zaino Erik Peterson Mimi Schmidt Aaron Williams Scott Todd Today, the panel analyzes a question coming from the Facebook Group: When do you lower and how do you determine the price when there is a big price range difference for comps? That brings us back to last week’s discussion on marketing and listening to what the market is telling you through the response rates. The group goes deep into: When and IF you should lower the price Testing the market by raising and lowering the price How much should you lower it Using “special deals” Anchoring And, so much more! Listen in as they all give great advice and share their own strategies for getting the price right. When a lot of people start off buying and selling land, they want to sell the property and that's always the biggest hurdle to overcome. People freak out when they put their ads out there and advertise it but they’re not selling the property. Maybe some people are asking questions about it, they’re inquiring to some degree but no one is pulling the trigger to buy it. So, it’s really easy to feel like you didn’t price it right. But ultimately, it’s just about bringing enough potential buyers to see your ad. It takes somewhere around 50 leads to sell a property. If you’ve achieved that and you still don’t have a sell, them maybe its alright to start lowering the price. You should have plenty of room to do that if you bought the property right. -Erik Resources Mentioned: 10bii Financial Calculator TIP OF THE WEEK Erik: Check out the coaches recommended reading list at TheLandGeek.com/ReadingList.  Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income, Mark and Scott talk with Land Geek alumnus, Mike Ferreira. Mike, who bought the Investor’s Toolkit in 2014 has been flying under the radar and silently crushing it in land investing ever since! Mike, who was in the gold and silver business when he found The Land Geek program, bought the Toolkit and went through the lessons but didn’t fully commit himself to the business for another year. Once he did, he left the precious metal business behind because he found that land was “easier, more fun, and more profitable”. Listen in as Mike talks about his journey and the challenges he faced in setting up his land business on his own. He tells us that if he could do it all over again he would have invested in coaching. If I had done coaching or if there was Flight School at the time, the learning curve to really rocking this business would have been so shortened. I probably would have made a quarter of a million dollars more than I have in that amount of time. So the investment would absolutely have been worth it to me.  Mike also shares: What he thinks about the competition What he learned from the gold and silver business that applies to land Deals—and why he prefers owner financing Plus, he gives newbie advice for those who are just discovering the business and so much more! Mike grew his passive income in land to exceed his fixed expenses… He works when he wants, where he wants and with whom he wants. So what does he do with all of his spare time? He does MORE DEALS! TIP OF THE WEEK Mike: Check out SimpleTexting.com. It's SMS texting where people will punch in and send a short code to a number and they get an automatic response and I can also do a blast just like an email blast to everybody's phones for text messages. The open rate of a text message is way superior to email. I use it in conjunction with MapRight.com—an interactive mapping program. You can put interactive satellite maps on your website, but you can also send people links to the interactive map. And when you do so, they can open that link on their phone and download a free app which has the parcel outline of the property they’re looking at. It works in conjunction with the GPS on their phone. I use these two together. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income—Round Table edition, Mark and the panel of Geeks… Mimi Schmidt Tate Litchfield Mike Zaino Jeannie Morem Erik Peterson Scott Todd ...were streaming live from the Facebook Group where they were taking questions from the community. How long do you market a property on Craigslist and Facebook before you take it to eBay? Should you consider eBay as the last resort? And, should you chalk a hard-to-sell property as bad property or just chill and adjust your marketing? The gang all share their thoughts and rules about selling on eBay. Also, find out Jeannie’s naughty little eBay secret!   How do you create urgency in your ads? Some ways mentioned were: Headlines Volume Copy Photos Communication Listen in now to get all the details! TIP OF THE WEEK Mike: Watch the Nite Cap episode with Scott Todd. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income, Mark and Scott talk with Lane Kawaoka—SimplePassiveCashFlow.com. You may remember Lane from a previous podcast. He started his real estate investing career in 2009 cash flowing single-family home rentals while maintaining his day job as a Project Engineer and Licensed Professional Civil/Industrial Engineer. Still working his day job, he’s back to talk about his move to the multifamily realm. Because of the differences between single-family homes and multifamily, Lane admits there was a bit of a learning curve in the beginning but has built up his portfolio to about 434 units, in 3-4 deals! His strategy is to go after B and C class properties, add value to them, then increasing rent which in turn increases revenue. Listen in as we dive deep into the details of multifamily investing and why he made the move. Plus, we go over the numbers and delve into: Differences between non-recourse and recourse loans Differences between classes and why he chooses B & C class Advice on getting started What he doesn’t see changing in real estate investing Also, find out why Lane thinks that multifamily is an unfair game and so much more! TIP OF THE WEEK Mark: Learn more about Lane Kawaoka and about the very exciting, sophisticated, cool, high return world of multifamily investing at SimplePassiveCashFlow.com and don't forget to check out his podcast! Scott: Check out the iPhone app called Boomerang for Instagram. It takes a burst of photos then turns it into a video. Lane:  Don’t be an “askhole.” Don’t be that person who just asks questions. Find people who are in the position to help you and give value off of that.   Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income—Round Table edition, Mark is joined by: Aaron Williams Mimi Schmidt Erik Peterson Jeannie Morem Tate Litchfield Scott Todd Live from the Official Facebook Group, the gang starts this week off by sharing what they did on Labor Day… do you celebrate it the same if you don’t have a job you have to report to? TOPICS OF THE DAY PROBATE—When the party or parties on the deed are deceased and there is no executor of the will assigned to transfer the property somewhere else. It has to go through a lengthy process of legalities to clean the title. TREASURER'S DEED—A deed issued in a tax deed sale, so that the buyer is buying the property from the county. It’s no different than a quit claim deed. Selling can be a challenge though if the buyer wants to build right away because title insurance can’t be issued until the title is cleared and that can take several years depending on the state. Listen in as the panel goes deep into the details of both situations, the time and costs involved in each, when you should consider buying, and when not to. Plus, Mimi and Scott both share recent probate deals they proceeded on. TIP OF THE WEEK Erik: Start by doing what's necessary; then do what's possible, and suddenly you are doing the impossible. -Francis of Assisi. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income, Mark and Scott talk with Rocky Lalvani Founder of RicherSoul.com—helping people create fulfilling and meaningful lives by taking money out of the equation so they can live richer lives and live their dreams without regrets or debt. Rocky always had the mindset to save money. At a young age his goal was to be a millionaire, so he set up an automated savings plan that would get him there. Coming from the corporate medical world, he was shocked to learn that so many professionals lived at or beyond their means at a 6 figure income, they had no savings to show for it. Join us as Rocky shares how he helps his clients get to the core of their purpose by being intentional and thinking forward. Having a purpose gives you meaning and it gives you something to work towards. And while money is not the destination, having that direction to their deeper purpose, people are more apt to make smarter money decisions. Rocky helps his clients eliminate wasteful spending by creating a financial balance sheet and a statement of cash flow and teaches them to run their life as a business. Rocky also explains why these three components are imperative in creating a richer soul: Health Relationships Spirituality Are you ready to get to your core purpose to start living a more meaningful life? Listen in now as Rocky puts you on the path to a richer soul. TIP OF THE WEEK Mark: Start living a deeper, more fulfilling life. Learn more about Rocky by going to his website at RicherSoul.com. Scott:  Check out the app FlagTimes.com to see times in different time zones. Rocky: Do your best to take care of your body. Read, The Plant Paradox: The Hidden Dangers in "Healthy" Foods That Cause Disease and Weight Gain by Steven R. Gundry. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income—Round Table edition, Mark is joined by: Aaron Williams Mimi Schmidt Mike Zaino Erik Peterson Jeannie Morem Tate Litchfield Scott Todd As fall approaches and the kids are heading back to school, we want to get back to the fundamentals that really set up a solid foundation for a successful land business. The three most important elements are: County Research—This is first and foremost. Good county research and knowledge support the next two elements… Mailing and Marketing—You have to know the area you are mailing to in order to send a fair offer amount. Every county has it’s higher valued areas and it’s lower areas. KNOW your county, MAIL, then MARKET—Land Investing 101. Listen in now as the panel of Geeks go over all the basics that helped them build strong foundations for their businesses. County research is very important because the market is always going to change. -Mimi TIP OF THE WEEK Erik: Check out BuzzSumo.com—a research tool to help you develop content for blog articles about your land. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income, Mark and Scott talk with Sensei Gilliland—Founder and President of BlackBeltInvestors.com. Sensei, a successful real estate investor, began investing in 1995 and since that time he has created cash through wholesale real estate, obtained wealth through rental properties and continues to teach his methods through seminars, personal training and club meetings helping people to achieve their dreams.As a young karate student, he became heavily involved in martial arts competition during his high school and college years. Sensei received the honor of being ranked as one of the top three martial artists in the United States for five years straight. His first year out of high school, Sensei opened the doors to his own martial arts school and to this day owns and operates several schools from which he continues to teach actively. Starting out in real estate before the internet and digital photography, Sensei took a big risk buying homes that were across the country from him. Living in California and buying homes in Florida, Sensei put faith in front of fear and it paid off. Starting with the buy, fix, and flip niche, Sensei flipped his first property in nine months. Join us as Sensei shares how he made the transition from martial arts to real estate investing and why he chooses real estate across the country. Plus, find out: The worst real estate training advice he has seen Why you need to cultivate the land before doing the surface work We also dig deep into the biggest parallel between martial arts and real estate investing, discipline and how to be more disciplined in our real estate investing businesses and in our lives. Ready to earn your black belt in real estate investing? Listen in now... TIP OF THE WEEK Mark: Learn more about Sensei Gilliland by going to his website at BlackBeltInvestors.com. Scott:  The Google Chrome app that Scott recommends, Disable HTML5 Autoplay, is no longer being maintained. Sensei:  Run comps off of MLS and get title comps as well—it's a mixture of MLS sales and private sales. It might get you a high number. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income—Round Table edition, a big misconception people have coming into this business is the time and effort it takes to build a successful land investing business. Some look at the success of those before them and think that they can beat their timeline but when it doesn’t happen, or setbacks arise, they quit before they even give themselves a fair chance. You are building a business, and that takes a lot of work! -Scott Listen in as the panel of Geeks, Scott Todd Tate Litchfield Mimi Schmidt Aaron Williams Jeannie Morem Erik Peterson ...join Mark and dive DEEP into the effort and time it takes to set up the systems and processes correctly so you can have a successful business and reach that financial and time freedom that you’re looking for. They talk about their own timelines and setbacks and give advice on how to create goals, not deadlines. Continue to follow through and know the results will come. -Erik If you’re serious about land investing, you do not want to miss this episode! Write down your goals and get rid of that artificial deadline. Whether it happens in 18 months, 17 months 3 days, or 36 months, once your passive income exceeds your fixed expenses, GAME OVER! -Mark Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income, Mark and Scott talk with Tim Rhode of 1LifeFullyLived.org—a non-profit organization that helps empower people of all ages to Dream, Plan, and Live their best life possible. At age 25, Tim worked 16 hours a day as a grocery clerk and painting addresses on curbs to buy diapers for his two small children. Then, he found his niche in real estate, averaging 18 homes a month for the next 18 years. Skip ahead to age 40, he’s made millions through real estate and is financially free so now he asks himself, “what’s next?” Tim explains that he was able to create his own magnificent future so he decided to make it his mission to take as many with him as possible. Join us as we dig deep into what it takes to live life fully, starting with a roadmap to get to your core by asking yourself these questions: “who am I? What’s my dream? What’s my plan? Where I’m I going with all this and who do I want to share it with?” Tim on success—Tim prefers the word fulfillment, success with depth. He believes that success is too shallow and there are many components in the balance wheel other than career, money, and finances that you need to work on to have a fulfilled life. Success may not always be as it appears. Financially, you may be successful… you have the big house, a cushy bank account, high-end cars but it’s all very superficial. When “success” costs you in other areas of your life, you’re not living a fulfilled life. Tim's advice to teens and young adults—question everything and know your financial ABCs. A-what’s coming in from all income sources B-what it costs a month to live on C-what’s left to invest and how I’m I going to invest wisely Listen in as Tim shares a lot of great advice, inspiration, and motivation. Plus, find out what horizontal and vertical income is, and why you should be investing in horizontal income. TIP OF THE WEEK Mark: Learn more about how to live a fully fulfilled life at 1LifeFullyLived.org. Scott:  Check out the Chrome extension Go to Tab. It puts a little thing on the icon bar up on the side of your screen and all your open tabs just drop down in a nice orderly way that you can find them. And if you have so many open that you can’t decipher which one it is, you can type in the URL and it will take you to that one. Tim:  Please read the book, The E-Myth. You can also read, The Richest Man in Babylon. And lastly, play the game CASHFLOW by Robert Kiyosaki. It's about getting out of the rat race and becoming financially free. The object of the game is that your passive income is more than your expenses. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income—Round Table edition, Mark is joined by: Tate Litchfield Erik Peterson Aaron Williams Mimi Schmidt Mike Zaino Scott Todd There has been a lot of talk lately about an impending recession. We are in the longest real estate recovery in history, but is another one inevitable? Most likely, but the question is, when? It is a perpetual cycle that looms over us and sooner or later it will happen, you can't predict when but you can watch for the signs and prepare. Everyone shares: How they were affected by the last one in 2008 Precursors to watch for How to prepare so we are sitting pretty when it rears its ugly head Also, find out everyone's thoughts on the impact it will have on the land business. The last topic up for discussion is PROCRASTINATION. We all do it, it’s very natural. The reason we procrastinate is because we are avoiding some type of mental pain. But, how do you get over that mental block? Everyone shares how they tackle procrastination, a few ways mentioned are: Outsourcing the things you can Theming Have a daily game plan Listen in for all the details! When you're procrastinating from something you know you're probably going down the path that ultimately you should be going down. It’s a clue that, hey, here's some work that you should be doing. -Scott Noteworthy resources mentioned: YouTube video, How The Economic Machine Works and the book, Principles: Life and Work by Ray Dalio. The 5 Second Rule: Transform Your Life, Work, and Confidence with Everyday Courage by Mel Robbins. TIP OF THE WEEK Mark:  Check out, RocketBook—Notebooks of the future. You write on it like you would in a notebook but then you take a picture with the app and it uploads it into the Cloud, or email, Evernote, Dropbox, or Google Drive. It can even transcribe for you. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income, Mark and Scott talk with Jennifer Beadles—REIMillionaire.com. She’s done it all when it comes to real estate! Jennifer, who’s both a realtor and investor, learned the ropes through a land developer and her passion grew from there. She learned everything that goes into building homes, plus rehabs, rentals, financing, and budgeting! Through hard work and saving, Jennifer bought her first property at age 21 to turn into an investment property… great idea but at the wrong time during the onset of the crash in 2007. And while that one didn’t work out the way she planned, she continued her journey with real estate investing and now mainly focuses on value-add properties. Jennifer proves to be an overachiever as she has also created 22 different income streams in seven years—from hard money lending to cryptocurrency. Join us as Jennifer walks us through her incredible journey, including: Creating income streams Her favorite income stream Her best investment Opportunity today And, so much more! Plus, what misconception do people have about house flipping that is portrayed on TV? Listen in for all the details! TIP OF THE WEEK Mark: Watch the video, How the Economic Machine Works.  Learn more about Jennifer and her 1.2 million income streams at REIMillionaire.com. It’s a plethora of knowledge and information. Scott:  Check out DreamyPixel.com. If you enter your email address to their lead magnet, you’re going to get access to a boatload of beautiful, free landscape images that you can use in your deals of the week, your ads, maybe for your website. Jennifer: Watch “The Big Short” either for the first time or re-watch it. It’s a phenomenal reminder. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income—Round Table edition, after a month-long hiatus, Mark is back along with the antics! Joining him is a full panel of geeks, including: Aaron Williams Jeannie Morem Erik “The Technician” Peterson Mimi Schmidt Mike Zaino Tate Litchfield Scott Todd First up for discussion—Bootcamp Takeaways. Everyone shares their biggest takeaways and nuggets from Scottsdale, including a big nugget that Scott gave away in the VIP room which had almost immediate successful results! Also, Erik shares a story about his Mom which prompts Mark to deliver her a formal apology. And, the apologies didn't stop there, he also apologizes to Scott… and to Tate... and to Aaron... It was discussed to name this episode “the apology tour”.  The last topic up for discussion—The Sell Slump of August. The panel all offers advice on how to sail through August without hitting the dips. TIP OF THE WEEK Mike: Watch Ray Dalio's video on Youtube, Principles For Success. It's a, knock it out of the park! Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

Want to know the secret to happiness and fulfillment? It’s the ability to make good decisions that lead us to attain our goals. Our guest on The Art of Passive Income Podcast today is in the business of Decision Makeovers. Mike Whitaker—MikeWhitaker.com talks with Mark and Scott about making the right decisions that will help you become successful and happy. Success is not money. Success is our own personal definition that’s a balance of all the things we feel are important—the things that we want to feel, experience, enjoy, and challenge ourselves with. It’s a balance of regard and essentially a feeling of your accomplishment in life. Mike is a lifelong and successful entrepreneur and an expert on personal and professional decision-making, turnarounds, and strategic planning. He is a no-nonsense business coach as well as a speaker on topics that involve critical thinking about the future, offering unique perspectives and world-class solutions to help people achieve their goals by determining what their definition of success is, then breaking down the goals that will get them there. Mike goes over the process of identifying the decisions you need to be facing by identifying your five prime goals and then picking your number one most important goal from those five...that goal will make you advance. All the decisions you make need to support that goal until it is reached. Then pick another number one goal from the remaining and do it again, replenishing that list as often as needed. The folks that actually own and take control over their decisions really do have more power about how their lives turn out. A question he gets asked often is, “How do successful people make good decisions?” Mike explains that there are three things they do, and that is: Keep their goals in mind “Fail fast” or they “Fix fast” Listen in as Mike explains what his terms Fail Fast and Fix Fast mean, plus we talk about his book, The Decision Makeover: An Intentional Approach to Living the Life You Want—It's about getting you to understand the power of decisions, the size of decisions, the decision zones in your life and then how to avoid making bad decisions. Are you ready to learn how to achieve success and happiness? It’s your decision… TIP OF THE WEEK Mark: Learn more about Mike by going to his website at MikeWhitaker.com. Scott:  Check out the Chrome plugin called Gmail Screenshot. Take a screenshot, annotate it, and send it directly from Gmail Mike: You’ve got a decision that you’ve been dancing around that you’ve not wanted to address. The fact that you haven’t dealt with it, it's baggage. Once you take care of it, it’s going to feel really good. So, the decision makeover starts here with you identifying what your options are to fail fast or fix fast. Do that and then move forward confidently; know that you made the second best decision you could make. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In this week’s Round Table podcast—The Best Of series, we go over the elements that make a successful land business. The basis for land investing is simple, you BUY land, you MARKET land, you SELL land. A simple model that when backed with hard work and grit lays a solid foundation to support the systems!  In this final installment of the Best Of series, we are putting all of the focus on buying, selling, and marketing—The fundamental elements of a successful business, including the county research and why it’s important to do this task yourself. “I don’t think County research ever ends. I think you always are researching and part of being a good investor is keeping an eye on what’s going on in the industry and in the market. If all of a sudden we start to see a shift or a huge demand in a new area, before I go and dump a bunch of money there I'm going to know what my research tells me.” -Tate Also, when should you outsource sales? Sales are a huge suck factor for a lot of people and are something they want to get that off their plate right away. But is it a good idea to outsource that first? Listen in as we go deep into the foundational steps to building a solid business! Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income, Scott is hosting the podcast solo and he talks with Mitch Stephen—1000Houses.com. Mitch buys houses with other people's money then sells them with owner financing, creating a positive cash flow stream without the headache of being a landlord. A lot like the land niche except with a house on the property, Mitch dives straight into a case study and why it makes sense to buy low and sell the house AS IS under owner finance terms as opposed to renting or fixing and flipping. Listen in as Mitch breaks down his formula of backing into the rent to find the owner finance sales price. Mitch says that the basic core belief of the owner finance system in his strategy is that a person would rather pay a $1000 to own than $1000 to rent, and he figures out how to make that happen. By making it affordable and offering owner finance he is giving an opportunity to those who normally wouldn’t be able to buy a home, let alone qualify for one with the traditional banking system. Mitch also delves into: Finding private money Types of properties he looks for Finding the deals The best states to buy in Competition Mitch's strategy is to buy houses with other people's money, so why does he say to “stop asking people for money!” Find out his no ask approach to raising private money and so much more! This podcast is packed full of so much value, it may have put a little twinkle in Scott’s eye. Mitch’s books: My Life & 1,000 Houses: Failing Forward to Financial Freedom My Life & 1,000 Houses: 200 + Ways to Find Bargain Properties My Life & 1,000 Houses: The Art of Owner Financing And, he also hosts the Real Estate Investor Summit Podcast with 25,000 downloads a month! TIP OF THE WEEK Scott: Learn more about Mitch at 1000Houses.com. Take his tip, which is to listen to episode 3 podcast and figure out how to raise money. Don’t let money stand in the way of achieving your goals and dreams. Figure out how to leverage it." Mitch: Watch episode #3 of the REInvestorSummit.com podcast. It will help you raise money that will make you money. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

For the month of July, we will be presenting The Best Of Round Table on The Art of Passive Income Podcast. Each week we will be featuring segments that we’ve received a lot of feedback on. Topics that have made an impact on you or your business. So sit back, relax and enjoy the best of the best! This week’s theme: BOOTCAMP With Scottsdale Bootcamp coming up on the first weekend in August, we wanted to dedicate this last Best of Round Table to the magic of Bootcamp. So, enjoy these segments we put together for you on Bootcamp Magic and the biggest takeaways. You may even get a chuckle over the antics or pick up a nugget or two! Listen in now... Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income, Mark and Scott talk with Matt Miller, SSVBusiness.com—a vending machine franchise, with a twist. Matt spent the first nine years of his career as an Air Force pilot before entering the corporate world to work at both Abbott Laboratories and Valassis. Despite being a top performer for both companies, his long-term desire was to start a business and be his own boss. Then, a conversation Matt had with a friend about gumball machine vending inspired him to invest in his own machines. Starting with candy and gumball machines, Matt soon became frustrated with the market downturn of ’07 and ’08 because there weren’t as many people frequenting his regular vending locations… then a knock came at his door. Local kids were selling merchandise for their school fundraiser and Matt thought there had to be a better way for these kids to raise money than knocking on the doors of strangers. That’s when School Spirit Vending was born — customized school stickers machines, placed in schools and part of the proceeds go back to the school’s fundraising campaigns. Matt has taken vending beyond the gumball machine and has brought School Spirit Vending to the cutting edge of both the vending and school fundraising industries by combining these two ventures into one, then took it to the next level by franchising it. With franchises across the country, they are raising millions for the schools they serve. “I had 75 schools myself before I walked away from my full-time advertising career. I was working about five days a month to make an income that was in excess by several times what my full-time career income was.” Join us as Matt walks us through his business model, both on the vending and franchise sides. He delves deep into: Profit margins Placement Maintenance Start-up costs And, are the challenges in this business? Matt explains that the hardest part is the learning curve in the first few months. Everybody that joins the team with no vending machine background has to learn the vending part along with how to work in the school’s environment. Plus, find out everything you need to know to get started in his franchise. Is Matt’s model a good source of passive income? Matt shows us some pretty impressive margins that suggest that it might be. Matt has a special offer for our listeners. His course—Vending Secrets To Passive Income can be accessed at VendingSecrets.net and with coupon code: bestpassiveincome is available for only $97! Listen in now to learn more about Matt and his company! TIP OF THE WEEK Mark: Learn more about Matt by going to his websites at SSVBusiness.com/BestPassiveIncome and VendingSecrets.net. Scott: Check out the Google Chrome extension Meetingbird at MeetingBird.com/Chrome. Matt:  Read the book, DotCom Secrets: The Underground Playbook for Growing Your Company by Russell Brunson. Also, check out my e-book, Live your Dreams: Top 10 Reasons Why You Need to Start a Vending Business. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

For the month of July, we will be presenting The Best Of Round Table on The Art of Passive Income Podcast. Each week we will be featuring segments that we’ve received a lot of feedback on. Topics that have made an impact on you or your business. So sit back, relax and enjoy the best of the best! This week’s theme: TIME. Listen in as we tackle the artificial deadlines we put on ourselves in this business. By comparing your progress with someone else’s, you’re just adding unnecessary pressure on yourself which affects your ability to focus and make progress. We feature segments that will help you manage expectations, avoid the time-suck of overthinking it, and why it’s crucial and time-saving to follow the proven systems. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income, Mark and Scott talk with, Dawn Marrs of MarrsMarketing.com—specializing in helping entrepreneurs automate their businesses.   When it comes to automation, Dawn’s philosophy is to automate everything you possibly can! If there’s a task you find yourself doing repetitively in your business, chances are there is a way to automate it. Listen in as we swap geeky tools of automation with Dawn and find out which task Mark hasn’t automated yet that could be generating him more sales. Also, find out how Dawn started her marketing business and what automation piece made her different than everyone else, along with: The worst advice she has seen given in the marketing automation world Her advice for setting up automation for those who are still in the business learning curve and feeling overwhelmed Dealing with that ever-so-tempting new app shiny object syndrome The advice she would give to her newbie self when first starting out One thing would she would like to change or improve in her business Plus, find out what we shouldn’t be automating! Dawn shares so much great advice and knowledge with us today, that it warms the cockles of our geeky automated hearts! TIP OF THE WEEK Mark: Learn more about Dawn by going to her website at MarrsMarketing.com. Scott: Check out the app Gfeed.co. It turns Gmail into a social feed and helps you cruise through your email faster. Dawn:  Invest in Ontraport.com. Get a 45-day follow up series in place. Always leave your audience on a cliffhanger. Have a cart abandonment system. Read the book, Work the System: The Simple Mechanics of Making More and Working Less by Sam Carpenter. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

For the month of July, we will be presenting The Best Of Round Table on The Art of Passive Income Podcast. Each week we will be featuring segments that we’ve received a lot of feedback on. Topics that have made an impact on you or your business. So sit back, relax and enjoy the best of the best! This week's theme: MENTAL BARRIERS. Listen in as we tackle fears that we face in this business. Whether you’re a newbie or seasoned pro, we all have them, it’s how you deal with them that determines your progress and growth. We look back at segments that will help you tackle those common fears and barriers holding you back so you can move forward, execute and continue to grow your business with confidence! Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income, Mark and Scott talk with Jeremy Roll—an active real estate and business investor for over 15 years. Jeremy is currently an investor in more than 70 opportunities across over $500 million worth of real estate and business assets. As Founder and President of Roll Investment Group, Jeremy manages a group of over 1000 investors in the US and Canada who seek passive managed investment solutions from real estate and businesses. Jeremy also co-founded For Investors By Investors (FIBI)—a nonprofit organization in 2007 with the goal of networking with, learning from, and helping other investors. FIBI is now the largest group of public real estate investor's with over 23,000 members. Jeremy is a licensed California real estate broker for investment purposes only, has an MBA from The Wharton School, and is an advisor for Realty Mogul the largest real estate crowdfunding website in the US. Between anticipating the economic downturn and not seeing eye-to-eye with management at the large company he worked for, Jeremy left the corporate world in 2007 to pursue passive cash flow investing full time which was a big step for a low-risk taker who is all about predictability! But, because he had spent the previous several years moving his money from stocks and bonds after the dotcom crash into passive cash flow, he had built up enough passive cash flow to live off of. Jeremy’s focus is on low-risk, highly stabilized passive cash flow opportunities. He does not believe in putting all of his eggs in one basket and invests across multiple asset classes, including: Commercial and residential real estate ATM machines Cash flowing websites Startups Listen in as Jeremy shares his philosophy behind predictable cash flow, why he invests in syndications, and why his diversification is across these three components: Asset-Class Geography Operator Find out why each is critical when choosing an investment. Plus, find out the worst advice he has seen given in his area of expertise, and his best or most worthwhile investment. TIP OF THE WEEK Mark: Email Jeremy at [email protected]. Get the details of how Jeremy does what he does. Scott:  Read the book, Barking Up the Wrong Tree: The Surprising Science Behind Why Everything You Know About Success Is (Mostly) Wrong by Eric Barker. It challenges the conventional wisdom that you think you know and puts it to the test and is balanced back with science. Jeremy:  Read the books, Rich Dad Poor Dad and Cash Flow Quadrant both written by Robert Kiyosaki. It is recommended to read them in that order. For those who are new to investing or new to general passive cash flow investing or just looking for a change of mindset over the stock market, these are two books to frame a change of mindset. ScheduleOnce - an online scheduler; they sink into your calendar real time, you’re able to allocate certain times automatically to them, and it saves a tremendous amount of time. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income—The Best of Round Table edition, we look back at a couple segments that will help you grow your land business at a consistent and steady pace. Sustainable Growth and Underestimating Effort takes you to both ends of the spectrum to show you how growing too fast can lead to bottlenecks and burnouts. And, how underestimating effort but expecting big results can lead to big disappointments and can also lead to quitting before you even get started! Also featured, a segment on newbie pricing mistakes and how to avoid leading with the wrong price. We also threw in a little bonus material for laughs. Listen in as Mark and Scott battle it out over the Tip of the Week! Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income, Mark and Scott talk with John Lim—BeMovingForward.com. John drops the mic academically with a BA from The University of Pennsylvania, his JD from Georgetown Law, and an MBA from The Johns Hopkins University. In addition, John was a former actor for television and film and is known for his role as Young Lt. Cmdr Sulu, in Star Trek: World and Enough and Time… Now that’s GEEKY! John started off practicing law but couldn’t see himself dotting the I’s and crossing the T’s for the next 50 years so he then went to work with a Fortune 500 company for over a decade. After surviving a 40% cut in his company, John got his MBA and decided to test drive his new business degree on the advice of a professor. So he left the corporate world behind and is now a successful entrepreneur who specializes in public speaking, he's a TEDx speaker and social digital media marketing expert for small businesses. He is also the host of the podcast series, Moving Forward.   Listen in as John and Scott compare notes about the circumstances that led them to leave the corporate world for a better life. Could it be that Scott found his Doppelganger? Plus, John shares: The best advice his dad, a serial entrepreneur, gave him since starting his entrepreneurial journey The worst thing he’s seen people do in the field of digital marketing The one thing he would most like to change about himself And so much more! TIP OF THE WEEK Mark: Learn more about John by going to his website at BeMovingForward.com. Scott: Check out the book, Intimate Behavior by Desmond Moore and learn more about the 12 stages of intimacy. John: Update your website to an SSL protocol. Check out Snip.ly to add a call-to-action to every link you share. Also Johns book recommendation—Jab, Jab, Jab, Right Hook by Gary Vaynerchuk. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income—Round Table edition, Tate Lichfield is sitting in for Mark and joining him are: Mimi Schmidt Erik Peterson Mimi kicks it off with a concern she hears often and that is summer slowdown on the buy side. We hear about the slowdown on the sell side often, but slowing down on the intake side can also be very concerning. Listen in as Tate, Mimi, and Erik share their thoughts on why business tends to slow when the weather heats up and what you can do to neutralize the situation so you don’t run low on inventory. Also, find out the best strategy when getting priced out of a market. “The people that get into issues are the ones that overpay for a property, then they get desperate and that’s when you lose control of the deal.” -Tate And the trio also go over some recent, and not so recent deals that make you go, “WOW!” While we have a modest group today, this episode does not lack in value! Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income, Mark and Scott talk with The Dream Business Coach, Jim Palmer—GetJimPalmer.com. Jim has a long list of attributes, including: A marketing and business building expert and in-demand coach. The founder of the Dream Business Academy and Dream Business Coaching and Mastermind Program. The host of Business Coach TV—a hit weekly web TV show watched by thousands of entrepreneurs and small business owners. The host of Dream Business Radio—a weekly podcast based on Jim’s unique brand of smart marketing and building business strategies. Known internationally as 'The Dream Business Coach' and creator of No Hassle Newsletters, the ultimate 'done-for-you' newsletter marketing program. In addition, he’s the author of seven books, the seventh in which we are going to talk about today is called, Just Say Yes: Create Your Dream Business and Live Your Dream Lifestyle. Are the what-if’s holding you back from doing the things you really want to be doing? Well, what if you can create the lifestyle you want by just saying yes? You can and that is what changed Jim and his wife Stephanie's life. Jim’s Dream business allows him to do business anywhere, so why not on a boat!?   Join us as Jim shares how he and his wife created the lifestyle of their dreams, living life on a boat on one big adventure!   Are there things they had to give up? Jim explains that there are certain trade-offs they had to get used to, but the benefits of waking up on a boat every morning and watching the sun rising over the water make it all worth it! Jim gives great advice for living without regret—You can't change the beginning of your life, but starting today, you can change the ending. It’s a quote from a video he saw about people who were close to death and asked what their regrets were. Most weren't regretful of things they did, but rather of the things they didn’t do. This episode is full of inspiration and motivation that will have you wanting to live on a boat before it’s over… or following your dreams no matter what they are. If the liveaboard lifestyle appeals to you, check out Jim and Stephanie's blog at OurFloatingHome.com. Jim tells us that the deciding factor for them to leave their safe and predictable life behind was a great quote that Stephanie received in her email—You are not created to arrive at heaven’s door in a well-preserved body. You are meant to skid in sideways in a big pile of dust, with a smile on your face and say, “Wow, what a ride.” What ride are you going to say yes to next? TIP OF THE WEEK Mark: When you're procrastinating or having a hard time starting, just do the metacognition hack, "5, 4, 3, 2, 1, go and do it."  Also, learn more about Jim by going to his website at GetJimPalmer.com. Scott:  When you have voices in your head talking you out of great things, simply make two lists: The What-Ifs—These are things that could go wrong or you feel like are bad.The Containment Plan—This is what do you do to offset the what-ifs. Jim: Get a copy of my book, Just Say Yes: Create a Dream Business and Live Your Dream Lifestyle at JustSayYesBook.com. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income—Round Table edition, Mark is joined by: Tate Litchfield Erik Peterson Aaron Williams Mimi Schmidt Mike Zaino Scott Todd Today, we jump straight into PAID TRAFFIC and why we don’t use it for marketing. Everyone agrees that it is too time-consuming to target the right audience and too difficult to convert cold leads. It is easier for companies that have an inexpensive product or gadget to get impulse buys, but nobody buys land on an impulse. It takes time to warm up a prospective buyer. “Are you willing to spend thousands of dollars on cold traffic that won’t convert?” -Mark Listen in as we go deep into the metrics and the importance of knowing your numbers, knowing your conversion rates and why paid traffic for this business does not make good sense. We also talk about the Dog Days of Summer and how we adjust to the seasonal slowdowns. TIP OF THE WEEK Erik: Land investing is a team sport. We all have these fears and doubts that cripple us in this business. But when you have a team and you assemble people that are very skillful in particular areas, then these fears and doubts begin to remove. When you work with people who have overcome those, you feel empowered. The whole idea of team sport is really huge. Leverage it in all areas of your life. If you’re not confident about something, surround yourself around people who can help you. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income, Mark and Scott talk with Brian Fanzo—iSocialFanz.com. Brian is a pager-wearing millennial rock star who is known as a change evangelist. He went to school for computer science, then worked for the US Department of Defense for 9 years in cyber security and social business and traveled to 45+ countries, three trips to Iraq, two to Afghanistan and had a team of 32 team members. While he loved the job, he is passionate about driving change and the government isn’t quick to change so he left that industry and went to the tech space where he crafted his dream job as a technology evangelist. He did that for three years until he decided to do what he called his craziest journey of all, he became an entrepreneur! Brian created iSocialFanz and is a keynote speaker doing about 50 events a year. He works with brands on how they can tell their story and leverage new technology like Snapchat, Instagram, and Facebook Live to create stories and experiences. His focus is to reach the Millennial/Gen-Z customer. He also hosts two podcasts—FOMOfanz and SMACtalk. Join us now as we delve deep into why you need to cut the fluff, deliver the message and create experiences and stories to capture the attention of the Millennial and Gen-Z customer when it comes to today’s marketing. We go over: What defines a millennial and what type of story that resonates with them Cutting through the distractions to get a message across in a way that will be impactful In an era of change, what’s NOT going to change? Plus, so much more! Find out why you shouldn’t focus on what you do, but why and how. And, why Brian says, “the most powerful thing you can say on video, especially live video, is, ‘I don’t know.’ ” Listen in as Brian shares a ton of valuable information with us today. And no need to adjust your listening speed, Brian’s default is 1.5x! TIP OF THE WEEK Mark: Learn more about Brian by going to his website at iSocialFanz.com. Scott: Check out the Chrome plugin Blade. It’s great for creating nice email signatures. Brian: Check out the app Flipboard. It’s great for content consumption, curation, and crafting. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income—Round Table edition, Mark is joined by: Erik Peterson Mimi Smidt Tate Litchfield Aaron Williams Jeannie Morem Scott Todd This week we are going deep into the topic of spousal support—You just found the Land Geek Program, it’s the life-changing answer you’ve been looking for that’s going to help you escape the rat race. You’re pumped up and excited to get started but meet a little resistance from your spouse… whether it’s fear of legitimacy of the program, or fear of the investment, or any other fears they may have, how do you help ease their fears and get them onboard? "We have to emotionally get into the place of our spouse. When I don’t see eye to eye with my wife, the only time it goes well is when I step into her shoes and see it from her lens." Mark The group goes over their own experiences in this matter and with a full house of seven on the panel today we have a split between spousal partnership and tackling this business alone. We also tackle the ugly head of resentment. Listen in as everyone goes over their own experiences and offers advice on keeping the marital bliss... just beware of the eye roll! Happiness is the new rich and I’m happy in my life. As a result, my marriage is healthy, my family is happy, I get to spend time with my daughter and be an awesome Dad. And ultimately that’s because my wife and I are on the same page. We both want the same thing, we want to have more time, we want to live a comfortable life-style and she is very aware and recognizes that land is the way to do that. It’s the best method out there and if anybody has a better option, I’m open to it but you’re going to have to try really hard to convince me. -Tate Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income, Mark and Scott talk with Mike Hambright—FlipNerd.com. Mike is a successful real estate investor who wanted to give back, so he started a real estate podcast where he interviewed experts in real estate investing. Just under 2 years of doing the podcasts, Mike turned FlipNerd into a membership site and started coaching and training others in real estate. Mike and Mark both agree that at the end of the day, doing deals is phenomenal but it’s not satisfying. The real satisfaction comes from helping others succeed in this business. Mike finds that a lot of those who are just starting out don’t understand the importance of the business side of investing because the “reality” house flipping shows glamourize it... you don’t instantly flip a house and get rich, there is a lot of work that goes in behind it! He explains that the hardest part of the process is finding the deal and three important components necessary to run this business are: Creating systems and processes Lead generation Investing in marketing Listen in now as we extract Mike’s success secrets, including which characteristics are in his magical real estate elixir—Key criteria found in successful investors. There is one in particular that if you don’t have will cause failure early on! We also tackle: Abundance mentality Shiny object syndrome Dealing with haters Plus, Scott shares a story of a difficult seller who kept bidding him up and he felt like she didn’t like him. Wait until you hear the goosebump moment after closing the deal with her… it was an eye-opener for Scott! Listen in for details... TIP OF THE WEEK Mark: Learn more about Mike by going to his website at FlipNerd.com. Scott: Check out PotCoin.com for alternative payment methods for your customers. Mike: Look for ways to continuously simplify your life. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income—Round Table edition, Mark is joined by: Erik Peterson Jeannie Morem Aaron Williams Mimi Schmidt Jeannie starts us off this week with those irascible HATERS. She’s been getting hate mail and insulting voice messages in response to her mailers. Initially, she gets offended but realizes it’s part of the business and that she must be doing something right.   But, how do we deal with this and stay positive...do we hug our haters or ignore them? And is this something we become immune to? Everyone recounts their own run-ins with haters and how they deal with it—Erik has sneaky haters, Aarons curse him in a nice manner, and Mimi tells us about one attack that was directed at her personally, not an offer amount. Then, Mark shares how he categorizes the responses by: Angry Crazy Super mean His approach is to try to turn those angry responses around into possible sales and gives an example of how he does this, a strategy Mimi says is brilliant! Then, Mimi brings up a COUNTY TAX situation for our next topic. She went to the website to pay the taxes and found that the payment feature had been turned off and in big red letters it said that the property was going to have a tax certificate sold on it. Aaron also went through a similar situation on a property he sold on terms. Unbeknownst to him, it had a tax certificate on it. After the terms buyer paid a significant amount towards it, the guy who held the tax certificate contacted Aaron to let him know that the property belonged to him now, the certificate holder! Find out the outcomes, lessons learned, and how to avoid these situations. Also, find out what Mark says about the overage strategy. Plus, how do you gain customer trust and loyalty? Jeannie shares her full transparency principles and Erik’s GLUE gifts have them talking! Listen in now... Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income, Mark and Scott Talk to Scott Alan Turner—ScottAlanTurner.com. Scott is a Financial Rock Star who went from being a money moron at age 22 to self-made millionaire 13 years later. His focus now is to help others reach their financial independence. Scott’s blog is packed full of financial advice and tips and his podcast—The Scott Alan Turner Show has been featured in Forbes, U.S. News, Business Insider, and Money. He answers listener questions and covers topics such as: starting a business, beginning investing, beginning budgeting, and earning more. His book, 99 Minute Millionaire: The Simplest and Easiest Book Ever On Getting Started Investing And Becoming Rock Star Rich takes you from beginning investing to investing the smart way in 99 minutes. Join us as Scott tells us how he went from money moron to self-made millionaire and delves deep into: Prioritized spending The future of college degrees—necessary or not? Safety in the corporate job—myth, or real? The future of investing in regards to AI—Robo-advisors or human? Scott's advice for those who have not yet started investing and that is to check out robo-advisors. You can get started in investing anywhere as little as a couple of bucks in 10 minutes and you’ve got your way into building wealth over the long term. Plus, one of the most asked questions on his podcast is, "how do I get out of debt?" Listen in as Scott goes over the steps and find out what he thinks about personal finance that other people think is crazy. TIP OF THE WEEK Mark: Learn more about Scott Alan Turner by going to his website at ScottAlanTurner.com. Scott: Check out Waatcher.com. It helps you buy at Amazon with your set target price. Scott Alan: Check out Boomerang to schedule sending emails. Also, check out Auto Text Expander to help save more time in drafting your email. Plus, Scott’s desert island personal finance book, The Millionaire Next Door.  Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income—Round Table edition, Mark is joined by: Tate Litchfield Erik Peterson Aaron Williams Mimi Schmidt Scott Todd We start this episode off with a special thanks to Doug Kolb and all of our vets this Memorial Day. We also welcome Round Table newcomer, Mimi Schmidt to the panel! Our first topic is OVERTHINKING this business—whether it’s the offer amount, the marketing approach, or the technical stuff, far too often people overthink this business so much it stops them from making progress. Just do it, whatever it is. Don’t get into this spiral of getting too detailed and preventing yourself from making progress. -Tate Mimi, who’s super analytical and tends to overthink shares the story of her beginnings when she made the mistake of sending out 0$ offer letters and one was accepted! You’ll learn about the market by the responses you get or don’t get, it’s just that simple. -Mimi Everyone goes over the areas of the business that causes them to overthink and then gives advice on how to change your mindset from overthinking it to letting go and taking action! The consensus is, by putting too much thought into the task at hand you’re slowing down your progress. So allow yourself a fair amount of time to do the task, but don’t exceed your time frame. Then, take action. Adjust. Pivot. The goal is to continuously improve while moving forward. Striving for a perfection that may never come only slows down your progress and can even stall it.  As Scott always says, Done is better than perfect! Scott also talks about the changes that have been happening behind the scenes over at LandModo.com. With AB testing, buyer studying, and tweaking the response rates continue to rise dramatically! Listen in for all the details... Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income, Mark and Scott talk to Land Geek student, Nat Bruno! Nat found Mark through Ari Meisel’s Leverage podcast and knew instantly that was what he wanted to do. So, he bought the toolkit, attended Bootcamp and when his passive income in land investing exceeded his monthly expenses he simplified his life by selling all of his possessions and he hit the road for 3 months. He soon realized that was what he wanted full-time, so he converted a Sprinter van into an RV and is now traveling the country, LIVING LIFE and running his business on the road. Nat now travels where he wants and hasn’t woke up to an alarm clock in over 3 years and he credits The Land Geek course for allowing him to live life on his terms. But, with time freedom comes the “I should be doing…” guilt feelings. Nat has figured out that by always scheduling some sort of activity, with something as simple as reading a book, it helps mitigate those feelings. Join us as Nat shares how he manages his business and what has been the hardest thing to manage from the road. Plus, he shares his takeaways from the program and the one thing he wishes he had done. I have built so many different custom API connections, I can manage the whole business in an hour a day, maybe two at most. As long as I have an internet connection I’m able to pull it off. You can read more about Nat and his travels through his website blog at HashTagVanLife.com. Listen in now for all the details and to find out how he cracked the code and executed on it! TIP OF THE WEEK Mark: Learn more about Nat by going to his website at HashTagVanLife.com. Scott: Go to youtube and search 'Overlanding Jason'. Get a peek at the world out there that we don't even realize. Nat: If life on the road appeals to you, try it out first. Check out RVShare.com—an Airbnb for vans and RVs. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income—Round Table edition, Mark is joined by: Jeannie Morem Aaron Williams Erik Peterson Tate Litchfield Scott Todd Jeannie starts us off with a confession, she’s been feeling a little guilty because she did not follow through on the advice of her coaches and she also didn’t follow up with them because of that, so she was afraid to face them on today’s Round Table. When you have someone holding you accountable, how do you get over that overwhelming feeling that you let them down so you can move forward even when your default response to stress is to either Freeze, Fight, or Flight? “We all slip up. Just get back on the horse and let’s ride!” Our next topic is Background Advantages—Do certain professional backgrounds give you an advantage over others in this business? What about people with a real estate background, do you think they would have the biggest advantage? The group goes over their different backgrounds and whether it made a difference in learning this model and find out why Scott thinks that those with a real estate background struggle the most in the beginning. Listen in for all the details! TIP OF THE WEEK Erik:  Check out GetBravo.com. This could be a nice tool to get video testimonials from not only the people that you buy land from but also from those who buy from you. As you need to build to that trust among those that are working with you, this is a great tool that helps facilitate that process. It makes it easy for people to make video testimonials for you. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income, Mark and Scott talk to The Sales Whisperer—Wes Schaeffer. Wes is a sales trainer, marketing consultant, keynote speaker, copywriter, Infusionsoft expert and podcast host.  Today he talks to us about the biggest challenge a salesperson faces and that is what their #1 job SHOULD be. Plus he gives great insight on:  How to handle inbound calls to gain control.   How to structure a call to eliminate objections. How he equates sales to dating and how all the little steps of "dating" leading up to marriage are small sales leading to the final outcome.  He offers up great advice, with a great sense of humor. You don't want to miss out on this VALUABLE, fun episode!  TIPS OF THE WEEK Mark: Supercharge your sales and learn more about Wes Schaeffer by going to his website at TheSalesWhisperer.com. Scott: Check out Skore.io. Skore gives you a flexible level of collaboration and control to make sure you deliver the right information to the right people in your organization at the right time. Wes: Understand that everybody is in sales. You're either working your own plan or you're being worked by someone else's plan. You don't have to be hyper and you don't have to be happy. Knowing and liking is way overrated. People have to TRUST you no matter what though. Even if they don't like you or barely know you, they'll give you their money if they trust you. So focus on building trust in your customers. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income, Mark and Scott talk with Gene Guarino—CEO, President, and Founder of RALAcademy.com. Gene is the first guest on our show to talk about an industry that everyone at one time or another will have to deal with, and that’s Senior Assisted Housing. With over 30 years of experience in real estate investing and business, his focus today is investing in the megatrend of Senior Assisted Living. Gene shares the backstory that led him to create Residential Assisted Living homes that “feel like home” by turning single-family homes into care homes that he would be proud to have his own mom and dad move into, and ultimately teaching his model to others. Gene breaks down his business model, including the demographics and the economics showing us that demand is high and the opportunity to make long-term wealth is real! As he explains, we are in the middle of the Silver Tsunami. There are 77 million baby boomers and people living longer than ever, 4,000 people a day are turning 85 years old. That’s the fastest-growing demographic in the country, and the target. Gene breaks down the numbers showing us the potential earnings per home and analyzes the two aspects of this business: The real estate side—Where you own and lease the home. You have low impact tenants with a long-term lease for twice the market rent. The business side—The care side is where you get the huge returns because it requires more work.  This business has these 4 key components on its side: Demographics Economics Low competition Demand But what are the negatives and do they outweigh the positives? Listen in now as Gene covers all aspects, including the hardest parts and the liability risk factor, which was a mic-drop moment!  TIP OF THE WEEK Mark: Learn more about Gene by going to his website at ResidentialAssistedLivingAcademy.com. Scott: Check out Taskful.me. It divides your tasks into different color categories and sets task reminders for them. Gene: Own one home now, don't leave a burden to your kids; leave them a blessing. You pass away they get to keep the home and the cash flow. Do it for your kids if not for yourself. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income—Round Table edition, Mark is joined by: Jeannie Morem Tate Litchfield Scott Todd This week we are going deep into managing our expectations. There is no time limit when it comes to land… it’s not a one size fits all business. You shouldn't base your success on someone else's progress or timeframe. As long as you keep moving forward steadily, you will move the needle at any pace you set! The group gives great advice on: Keeping your pace slow and steady Why you shouldn’t set deadlines What if a property is slow to sell? There's no race to get to the finish line, some people put deadlines on the sale side and if it doesn't sell by that time they chalk it up as bad land and wholesale it, when in fact all it needs are some adjustments. Find out where you can make adjustments to appease the market. Also, find out how Scott answered this question from Mark: From a mindset perspective, how would you hack someone's expectations? Negotiating for a higher down payment—Scott breaks down the numbers on a recent terms sale and how he negotiated for a higher down to recoup most of his money. Should you always try to get a higher down payment and how far should you push that envelope? Listen in for all the details. And also, there's a new coach in town, find out who just signed on the be part of our coaching team! Plus, today’s post Let Freedom Ring chat….. Awkward. TIP OF THE WEEK Mark:  The official launch date of Dirt Rich is May 28th! Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income, Mark and Scott talk with Phil Ebiner—CEO and the creator of VideoSchoolOnline.com. Phil, a best-selling online instructor, created his first online course in 2012 and through consistency, persistence, and quality he grew to over 400,000 students, 50 courses, and 400 plus free tutorials at the time of this podcast recording. It has since grown to over 500,000 students and 75 plus courses! Today, Phil takes us into the world of online education.  Is there money to be made in online education? Phil is proving there is. His career started in video production which ultimately led him to create courses online. Learn how he went from making $60 in his first month to $10,000 in a single month.  We delve into: Starting out and scaling Level of expertise or training needed The most difficult part of creating a course Where to host a course Generating traffic Timeline to create a course Plus, is the industry too saturated to startup today? Listen in to find out Phil’s answer and more! TIP OF THE WEEK Mark: Learn more about creation and Phil by going to his website at VideoSchoolOnline.com. Scott: Check out DecksetApp.com. Deckset will turn your thoughts into beautiful presentations. Phil:  If you want to create an online course, focus on how much the student gets out of your course and not how much you get from the student in terms of money. Focus on creating a course that students love. Stop worrying about how much you're going to make from each student if you care about actually creating a great course that helps them learn. You're going to be paid back because of the good reviews and that creates more sales. Listen to Phil's podcast Online Course Masters Show. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

In today’s episode of The Art of Passive Income—Round Table edition, Mark is joined by: Jeannie Morem Tate Litchfield Aaron Williams Erik Peterson Mike Zaino Scott Todd Is it profitable to buy from tax lien fund investors? Jeannie was approached by an investor with an inventory of off-market properties that he wanted to sell her. Is there enough meat on the bone to make these deals worth your while, especially when new areas will need to be researched? The guys give their feedback and discuss if it's worth your time to dive down those Newbie Rabbit Holes. That leads us into County Shiny Object Syndrome—Seeing other investors do well in other counties brings a lot of temptation to jump into that county, but should you? The guys share their insights on chasing county shiny objects and give valuable advice that will help you make the smart move. We also talk about the new program for Flight School and coaching clients, Top Gun— where each month a coach takes on one module and goes deep into it! Scott talks about his module which is getting great feedback, How To Crowdsource Your Ad Writing. Scott also has a bone to pick with Mike and hashes it out. Finally, stick around for the post, Let Freedom Ring chat and find out everyone’s hidden talents! The word of the day—Irascible adjective: easily provoked to anger; very irritable: an irascible old man. characterized or produced by anger: an irascible response. the exact opposite of Erik Peterson Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?