The Land Geek Review – Mark Podolsky Scam?

Today we will be reviewing a program known as The Land Geek. Is it legit? Find out in this The Land Geek review.

Has Mark Podolsky’s The Land Geek program piqued your interest in purchasing real estate for investment purposes?

So, allow me to offer my perspective. In my experience as an online entrepreneur, I’ve had to evaluate a wide range of services, from software to multi-level marketing companies. The game is one with which I am quite familiar.

Just so there’s no confusion, I’m in no way connected to Mark Podolsky, and I’m not being compensated for my review. What I say is entirely objective.

Land investment, as you may be aware, is not without its risks, therefore I advise you to do your homework before making any commitments.

I’ll tell you all about the program’s features, whether or not I think it’s a good investment of your time and money, and anything else you would want to know in this review.

Before you decide to pay for this course, you should read this The Land Geek review first. You should check if it is worth the time and money before you decide to commit to it.

DISCLAIMER: This is a fully independent review. I’m not affiliated with The Land Geek in any shape or form whatsoever.

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The Land Geek Review: Quick Details

  • Name: The Land Geek
  • Founder: Mark Podolsky
  • Website: https://www.thelandgeek.com/
  • Socials: Facebook
  • Type: Training program
  • Niche: Real estate investing
  • Recommendation: I do not recommend getting into real estate because there are a lot of risks. I suggest you do my top recommendation instead.

What is The Land Geek?

The Land Geek Review - Logo

Land Geek is a program is geared for those who wish to acquire and keep raw land.

Investing in land is a long-term play, so think carefully about your financial stability before making any purchases. The Land Geek is a resource for investors of all experience levels, providing them with courses and training. If you are new to real estate investment, this book will teach you the ropes. Knowledgeable business owners know how to expand their operations and reach new heights.

The information presented on The Land Geek is useful for both novices and seasoned veterans in the market.

Who is Mark Podolsky?

The Land Geek Review - Mark Podolsky

Mark is an Arizona native and land investor and coach. Since 2001, when he began investing in real estate, he has amassed over $20 million in earnings from over 6,000 transactions covering over a million acres. He attended Indiana University Bloomington and graduated with a BA.

Before settling in Kansas, he spent six months backpacking across Australia. From 1994 to 1997, he worked as a dental consultant for AFTCO & Associates, where he gained valuable sales expertise.

After visiting his wife’s family in Scottsdale, he accepted a position in a small investment bank and ultimately settled there. Between the years 1997 and 2001, he was an investment banker at Dinan & Company.

Here he met a coworker who dabbles in raw land investing. After that, he accompanied him to New Mexico, where he made his first investment with a 300% return.

Mark established Frontier Equity Properties in 2001 and has since grown it and automated it. Land Geek Enterprises was created by Mark in 2013 when he was still actively engaged in real estate investing. In 2017, he also established GeekPay.io, a web-based service that helps financial institutions simplify the process of collecting payments from borrowers. He wrote the book “Dirt Rich” in 2018.

Dirt Rich

The full title of the book is Dirt Rich: How One Ambitious Lazy Geek Created Passive Income in Real Estate without Renters, Renovations, and Rehabs. This book may be purchased on Amazon for the cost of shipping and handling, or obtained for free by visiting The Land Geek website.

The book is a 200-page, 12-chapter account of Mark’s road to become financially independent through land investment. The book is a sales pitch for his course rather than a useful resource on its own. There is nothing in this book that will help you in your real estate investing company.

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The Land Geek Overview

The Land Geek instructs its readers on how to rake in cash by purchasing “raw land,” or undeveloped territory.

There is a growing trend among real estate investors to purchase raw property despite the lack of improvements such as grading and subdivisions. But is it a wise financial move for everybody? That depends, of course, on your bargaining position and your goals.

Here is the overview of the program. Take note that this curriculum is pulled straight from the program’s website.

Wholetail Course (Free)

Part 1 – Buying Wholesale

  • Module 1: Buying Wholesale
  • Module 2: Buying Wholesale Facebook
  • Module 3: Land Arbitrage Introduction
  • Module 4: FAQ And Rules

Part 2 – Wholetailing Marketing

  • Introduction
  • Joining Buy Sell Groups
  • Posting An Ad With Land Geek Coach Mimi Schmidt
  • GeekPay Down Payments – Closing – Cash Or Terms
  • Closing

Part 3 – Next Steps

  • Take Your Land Business To The Next Level
  • Automate With GeekPay – Get Your First Month Free
  • Automate With LGPass – Get your First Month Free

The Investor’s Toolkit ($1697 to $1997)

Module 1 – Deal Flow

  • Where to look for and purchase raw land at the lowest prices.
  • Who to contact to locate listings with eager sellers.
  • Mail-based lead generation strategies.
  • Finding the optimal selling price in a matter of minutes without spending money on an appraiser.
  • How to respond to the two most common inquiries made by prospective land buyers.
  • How to save time and energy during discussions.

Module 2 – Due Diligence

  • Learning to research land parcels from your own home and knowing who to contact if you run into trouble.
  • Closing properties online.
  • Real estate marketing photos and video walkthroughs shot to your specifications, all without ever leaving the comfort of your own home.
  • Strategic property tax filing might help you hold onto your money for as long as feasible.
  • Mark’s “batching” method for research is a great time saver.
  • The “Golden Super-Rule” of property research according to Mark.

Module 3 – Expert Marketing

  • What you should be doing instead of the top three distractions and why.
  • How to attract customers with a single-page website that won’t break the bank.
  • The 7 greatest areas to sell land if you’re just starting out and don’t yet have a solid clientele.
  • Three methods to gain credibility as a land professional.
  • What to do so that receiving payment from your clients is a breeze.
  • The advantages of providing a guarantee to your company and how they might assist you avoid legal trouble.

Module 4 – Progressive Delegation

  • Where to discover the most qualified virtual assistants.
  • Posting positions online in a way that attracts foreign workers who can be hired at lower cost than their American counterparts.
  • Typical blunders that are made while assigning work to a VA and how to avoid them.
  • 5 strategies to maximize your virtual assistants’ productivity.
  • Method for recruiting and retaining competent VAs.
  • One simple guideline that will save you hundreds.

Pricing

Land Geek courses may be fairly costly, starting at $1697 and going up to over $10,000.

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Is it worth investing in raw land?

Investing in land might be difficult because of its lack of marketability. Land does not have an active public market where it may be readily exchanged to cash like equities, bonds, and mutual fund shares can.

You may have to drastically lower the asking price of your land in order to rapidly find a buyer. In most cases, you won’t be able to sell off a specific section of a property since land is difficult to divide. Also, it might be challenging to increase your land holdings by incremental investments.

The expense of buying and selling property is another hindrance to land investment. Costs associated with the purchase and sale of land, such as real estate agent commissions, surveys, title insurance premiums, and transaction taxes, will eat into your earnings.

The value of undeveloped land is very speculative. There are no dividend payments and its value is low before it is established. Liability insurance and property taxes might add up as you wait for the land’s value to rise.

The majority of land that is sold for a high price was either owned for a long period, was in a region that experienced rapid growth, or was acquired at a substantial discount.

Is Mark Podolsky Legit?

If you’re looking for a con artist, Mark Podolsky is not it. Investment in real estate is a subject he covers in his course.

However, buying and selling land is a potentially unstable market. To put it plainly, land is a complete gamble. The expected rate of return is contingent on the value increasing. It’s possible that it won’t go up by enough to justify the high stakes of continuing to own that land.

Furthermore, even if you pay cash for a piece of land, you will still be responsible for monthly payments of property taxes and insurance. It’s not only the return you may have made on other investments that you’re missing out on; there’s also the opportunity cost of capital.

Contaminated property, infeasibility, and building limitations are other factors to think about.

You may find other ways to get passive income if you’re not comfortable with taking such a big financial risk.

Final Verdict – The Land Geek Review

If you are looking to learn more about raw land investment, the Land Geek program can work for you. The program’s creator, Mark Podolsky, is a seasoned real estate investor and mentor. From bulk purchases through sales and delegation, the program covers all bases for successful property investments.

However, remember that investing in land is fraught with inherent risksand problems. Land, in contrast to other conventional forms of real estate, is not as easily marketable or liquid, making a speedy sale more challenging. Potential earnings can also be reduced by transaction fees like commissions, surveys, and taxes when purchasing and selling land.

In addition, undeveloped land’s value is extremely speculative and subject to fluctuations in supply and demand. There is no assurance that the land’s value will rise much over time, and it might be quite some time before any profit is realized.

Although Mark Podolsky is a credible name in the real estate investment industry, anyone thinking of investing in land should give serious thought to their financial situation, risk tolerance, and long-term aspirations.

Some people may not be suited to investing in land and should instead look into alternative investment possibilities that better fit their needs and goals.

Investing is a serious matter that should never be made without first consulting a financial advisor and performing thorough research. Any investment, including real estate, should be made after careful consideration of the potential benefits and drawbacks.

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