Advice on land geek (Mark Podolsky) flight school

Member since 2024 · 2 posts · 2 votes

My husband and I have been interested in real estate investing for some time, but at our age we are not looking to spend time rehabbing or landlording. We travel a lot and tenants and toilets do not interest us. Thinking about flipping land. Does anyone have any experience with Mark Podolsky and his flight school program? Is it worth it? Looking for some mentorship to walk us through the process of acquiring land at a discount and reselling on terms to create another stream of income. Thanks

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Alethia Hines

Newport, NC · Member since 2020 · 16 posts · 13 votes

3mo

You can try Seth Williams of REtipster.com. He offers a lot of information, tips, and resources on land investing, and it's FREE.

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G. Brian DavisPro Member
Investor · Hatboro, PA · Member since 2016 · 2k+ posts · 842 votes
4mo
Hi @Robyn Cerone, I actually did exactly what he teaches a long time ago. It works, but it's a lot more work than most people expect. It can be a solid income stream, but keep in mind it's active work, eventually it could be passive with VA's, I never got that far as it just wasn't my cup of tea.
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Michael Carbonare
Investor · Fort Lauderdale, FL · Member since 2013 · 917 posts · 606 votes
4mo
An investor friend was big on flipping land a few years back. But he no longer uses that strategy because, in his words, that market has become saturated to the point where deals that make financial sense are far and few between, as flipping land has become the latest, greatest thing since the YouTube, Instagram and TikTok crowd has been pushing it.
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- Chris SeveneyBusiness Member
  Moderator
  Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
  3mo
  Quote from @Michael Carbonare:
  
  An investor friend was big on flipping land a few years back. But he no longer uses that strategy because, in his words, that market has become saturated to the point where deals that make financial sense are far and few between, as flipping land has become the latest, greatest thing since the YouTube, Instagram and TikTok crowd has been pushing it.
  
  I was going to reiterate what you mentioned, before signing up for a course determine how much competition in your area and also seee if its a prerecorded course or live course. reason i mention this is how things were done 1,3 and 5 years ago are very different than how the were today.
  For example if you took a MF course in 2020-2021 I bet you would not follow that strategy today.
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Alethia Hines
Newport, NC · Member since 2020 · 16 posts · 13 votes
3mo
You can try Seth Williams of REtipster.com. He offers a lot of information, tips, and resources on land investing, and it's FREE.
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Henry ClarkPro Member
Developer · Member since 2020 · 4k+ posts · 4k+ votes
3mo
OP. Your tag line says San Antonio, Texas.
My brother and his family lived in La Vernia and Floresville. Sister in Bedford DFW. Rest in Houston area.
I would narrow you Land Flip approaches down to what fits your time involvement, financial risk, and taste.
Some options:
1. Tax sale properties. Don't go to the auctions. Look up Off list properties you can make an offer and buy outright. Learn GOTCHA issues before jumping in. Stay away from Houses, which might take 2 years for possession, try land which you can take possession in 6 months.
2. Look up my posts on Silver Spring Subdivision and Journeys End subdivision. These are country subdivision lots. We don't do any building. A subdivision could be taking 1 lot to 2/3/4 versus say 50. Don't over complicate the Subdivision thought. Look for a junky old country house with say 20 acres. Split and sale. Fewer buyers because of the junky house and also the 20 acre size.
3. Strategically look for Oil Laydown yards that you can buy. Convert to storage or sign onto Truck parking website.
Get creative. Look for something that has little value and create value. It is very easy to hire bulldozer work and in a few days create value.
Luckily Texas Counties have very little Zoning, so you have a lot more options.
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Alyssa MarquezBusiness Member
Real Estate Agent · San Antonio TX / Fort Lauderdale, FL · Member since 2023 · 113 posts · 25 votes
3d
Land investing is certainly something to consider if you want exposure to real estate but want to sidestep rehabs and tenants. I'd want to know what the feedback is from those who've gone through the program before investing a large chunk of money into the mentorship. It isn't just about the course but I'd want to see the whole process-determining that investors are motivated to sell, that you've got access, that the title is clean, that you can resell it for a profit, how you'll market the property and structure seller financing, etc.
On the surface it seems straightforward, but I want to see real deal numbers and understand the risks before throwing down significant capital.
Anyone on here gone through the program and closed multiple deals?
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