Raw land may not be the most pleasing asset in all of real estate. Undeveloped plots are often full of grass and dirty all over. But for Mark Podolsky, this neglected land can be turned into the best passive income model. Joining Matthew Sullivan, the Land Geek explains the benefits of doing business with raw land, particularly the exemptions one can get from owners’ real estate legislation. Mark talks about the rise of interest in this kind of asset during the height of COVID-19, making 2020 one of his best years in business. He also shares his mission on educating the people about tax liens and land auctions through his book Dirt Rich and his two programs focused on land investing.
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