Team Land Geek Examines the Morality of Land Profit Margins

Hey, it's Mark Podolski, the land geek with your favorite niche real estate website, thelandgeek.com and on this week's roundtable podcast, we have almost all the usual suspects. We've got the land shark, Landon Harris. Landon, how are you?

I'm well, Mark. How are you?

So Scott just gave me a look like, is that really his nickname? Yeah, that's really his nickname.

That's not what we agreed on.

That is what the community.

That is not. Where is that?

No, that was on Mighty networks.

No, no, no, I agree.

The aquatic investor was at that.

AI Land and AI come on, man, have spoken.

It is land shark. It makes a lot of sense where land. It's got, it's got water, it's got.

A list of danger at boot camp.

I thought we had this conversation a while ago and the result was different.

So we did.

What?

Mark's making this up. I'm not poll on my networks.

No, there was.

Where is it?

Search for it.

Who ran it?

We ran it. We gave a bunch of names. The team.

You better allow Scott to share his screen, I'm sure.

Yeah, this is going down in protest, man.

Can I just finish the introduction and we can just let land shark land and marinate on that for a bit because we've got his partner in crime putting in the reps. Terea Harris. How are you?

I'm well, how are you?

Good to see you. You've got the technician, Eric Peterson. Eric, how are things?

I'm good ish.

You're good ish. Is Elijah beating you ish.

At the moment? Yes, he is.

Wow. I still, I still put my money on you long term. We'll see, we'll see, we'll see. And then last but not least, you know you love them. Scott Todd from Scott todd.netlandmoto.com learn anything about anything. Investor ninjas.com your flights go sherpa. Scott Todd, how are you?

I'm good, Mark. And by the way, I found Gretchen's post. Okay. I found Gretchen's post on January 18th and it's not a poll. It's not a poll. It's an open ended question with no options like land and AI and whatever. Aquatic investor. And then you're the first one that chimes in there that says I like the land shark but don't love it.

But the community has spoken.

But they haven't. There's no consistency here. One look. Aqualand. Yeah, Taria likes my suggestion. And by the way, Taria's vote counts for like a hundred why? Because she's got to put up. I mean, she lives with the land.

All right, actually, you know what? Hold on a second.

I'm. No poll.

Hold on. Because I actually had somebody put in, in the chat to me, a great one for Landon. I really liked it.

There's a new name.

A new name.

As if we need more options.

And by the way, this comes back to a tip of the week. I'm reading a book called Building a Second Brain, and if I don't write things down and don't have it in a good spot, I don't remember anything now. So let me see if I can find it. Is it in here? I'm doing a search. But anyways, I'll find it. We'll come back to it. Anyways, I digress. We're really. We're getting off on. On the whole land shark thing, as.

We have in the past.

Isn't that our podcast until it's resolved?

It is not the podcast. We actually have a really good topic today, Mark.

You know how the, you know, like when they nominate up the. The next pope, they all go into the room and they don't leave it until the new pope is named. Yeah, I don't think we can. Or the speaker of the House. Nothing gets done in the Speaker. In the. In the House of Representatives until there's a Speaker. I don't think we can do anything until Landon gets his nickname.

Look, I'm out then.

Eric, roll with me on this one. We've made our arguments here. Until it's final, there's no podcast.

Have to unionize. We must unionize.

All right, Mark, we can get on this.

This is really devolving. Quickly. Here's our topic. It is a email that I received. I'm going to read it, and then we're going to discuss it. Hi, Mark. I've recently been looking around your website, bought and read your book, and have been seriously considering taking your courses. I kind of understand now how the land business works, but I have a question about the morality of buying something land, in this case for pennies on the dollar, and then selling it for 300% or more return on investment. I am not able to shake off a feeling that that is morally incorrect. I know that we are buying from owners who probably want to just give away their land in many cases, but how can we justify the ethics morality of selling the same land for so many times higher than its value? I'm unable to convince myself that this is a legally, for lack of a better term and morally Ethical business. Though I am keenly interested in moving forward. Just wanted some thoughts, insight from you on this niche. This is what's been keeping me from scheduling a call with your team. I think it's a great subject to bring up. I think we've talked about this in the past. I remember at a boot camp once I brought this up, I'm like, who's. Who feels uncomfortable making these margins? And I remember Mimi Schmidt, like, Rose her hand. It's like, all right, maybe let's talk about. We had like a little therapy session. But she was definitely uncomfortable with it. So the land shark, Landon Harris. So what are your thoughts?

You know, I feel like I'm a pretty morally grounded person like that. Now.

Wait a second. We'll ask Terea about that for sure. She lives with you.

Like, I do. Like, I really feel, you know, strongly that I do think I try to do things right. So when I look at this, like, I think of it a few different things. If I'm, If I'm. I'm not breaking any laws. That's first. Like, I. I've broken no law by selling you a property at 4x of what I purchased it for. I find that if I'm saying this is the value of something and then you agree that that's what I want, I want to pay, that I don't mind paying you. That I don't see, that's the difference to me. It's like if I decide to sell you an old laptop for a hundred bucks, you say, okay, I agree with that. But you go online and you see that same laptop. It's same year, same model, same thing, everything. And you go online, you see it for $500. Well. And you decide you want to sell it. I can't be upset with you wanting to sell it. You saw it was priced at that. So for me, there's no morality that I'm breaking or even any law or anything else that I would consider that brings this to a point where I'm doing something wrong. I don't know. That's just kind of my two sentence on that.

I, I like it. I like the, the logic of it. But I do want to ask Teria. Putting in the reps. Harris, first of all, is Landon ethical and moral in your esteemed. In your esteemed opinion because you live with him.

Opinion.

Landon Landon is definitely a rule follower. He's.

He calls me a rule follower all the time.

A rule follower. Let's break a.

You know, that's a funny thing, because I almost feel like, this is another topic along. Along the lines of reclining. Like, I'm a big rule follower. I am a big rule follower. If there's a sign that says, you know, don't do this or don't do that, like, I typically will follow the sign. I have other people in my life that. That's a suggestion. That's not a rule.

I look at it more as suggestions. Landon.

It's a rule.

Yeah, okay.

Law.

It is. It's law. So I guess I have two points. One is if you feel something is immoral, it may feel immoral to you, and maybe you shouldn't do it. I'm not here to say what is or isn't moral, because that, I think, becomes a personal judgment. But if that person feels this is not, not, you know, moral, then maybe you shouldn't do it. I agree with Landon. We're not robbing the sellers of their land. We present an offer and some of our sellers come back and they counter our offer, you know, because maybe they feel their land is worth a little bit more. Some accept our offer. It's an offer. We're not swindling them out of their land in no way. It's an agreement between us and the seller, as same as it is an agreement between us and our buyer. We establish what the land is worth when we enter into a contract with someone willing to pay that amount of money. So I don't personally feel it's moral, again, because I'm not doing anything unethical to obtain the land, and I'm doing nothing unethical to sell the land. We disclose our prices, how much it is. If you want to buy from me, here's the price.

I think that's a great point. It is just an offer. No, no seller is having their arm twisted. And she even brings up the point like, yeah, I know you're helping the sellers out, but I'm just uncomfortable with the amount of profit I would personally be making.

Then maybe she buys the land and she only marks it up 10% and she sells it. Right? No one says you have to mark it up 300x.

And that's so true. I mean, I remember being on a mastermind called and Bob Demick was kind of embarrassed. He had. He had done a deal and he didn't want to bring it up to the group because he only made 150%. And we're like, well, 150. Like, in what return to the world would someone be embarrassed by that? But, like, in our community, we kind of hold that Standard of, you know, if you're going to sell, we think that there should be a 300% margin of safety, and your typical margin should be 300 to 1000%, if not more, because of time value of money, et cetera. But I think the technician might have a different take on this. Eric, what do you think?

I think that they're not really understanding how this process works. They're not understanding the whole picture here. I mean, what we offer is essentially a service.

Okay?

We're coming in as experts in the field of land, okay? And we're bringing our expertise to the table and we're saying, hey, if you want to sell this piece of land, I can pay you X.

Okay?

And maybe the seller agrees, maybe they don't. But assuming they agree and we buy it for a hundred dollars or whatever the price of that property is and we turn around and we go market it and ultimately sell it for maybe three to five hundred times that amount. Well, the only reason we're able to do that is because of our education, our knowledge, our understanding of the market, our tools in place, our systems, all this stuff that we built in order to go out and get that return. So don't forget that there's value to all of that stuff. In the same way that you go hire an attorney because they're an expert in the field and you have to, I don't know, go to court about whatever, like you're going to pay them what they ask because they're the expert in the field. They know what they're doing. I look at my position in this company the same way. I mean, we're providing that service. And again, we're not twisting people's arms to sell these properties. We're simply making an offer. And I can tell you over and over from people that we bought from Stories of satisfaction. These people are not upset that they're selling to us. They are thrilled that they're able to get rid of this piece of land and not have to worry about it anymore. Whether it's because of back taxes, whether it's because of. They just don't want to deal with it. They don't have a purpose for it anymore. There's so many reasons, but ultimately these people understand that we're in business and we're going to go out and profit on selling this property in the future. And something that, that, that the email said, it said so many times more than it's selling, selling the property so many more times than its value. And I disagree with that because we're not selling the property for more than its value. Right. Like, the value is determined by whoever's selling the property and the buyer. So that's the value. We're not inflating the value. We are buying at a discount, but we're not inflating the value. We're not going out to the market and saying, well, you got to pay me, however, much more than the real value of this property.

Yeah, that's a really good point. You're not going to outsmart a market. Yeah. The market's going to only buy what it thinks it's worth.

Right.

And the other piece that I didn't really touch on is like, we're not only are we bringing a service of being able to liquidate this property on the other side from a retail standpoint, but we're also taking that asset and we're making it affordable for nearly anybody that wants to own this piece of property. So again, like, yes, in the long term, we may have a profit of 3 to 500% on a given property, but that's not necessarily going to happen immediately on the sale. We might collect $100 down in a 250 doc fee and then $100 a month for the next 72 months. Well, you know, that's. We have to factor that into our business and our profit margins.

Right.

Because we're not getting our money up front. But doing that allows us to reach such a broader audience than we can otherwise.

Yeah, it's a really. It's a really good point. And you've all made really good points, which is why I love that Scott Todd has to go last and try to find a unique point of all the points that have been brought up. But actually, Scott, I actually have some thoughts on this as well. So you're not really going last.

Okay. Hey, I can't. I can't chat this. I was going to chat something for you to read and I can't do it because the zoom setting, but no problem. Listen.

No, no, I can. First of all, I don't know why that is because it does allow participants to chat. Now try it again.

Okay.

Yeah.

You might want to read this, Mark. Just, just so everybody, because you're the rule follower, you might want to read this because this is important. This is a rule. It's official rule as I found it. Like, I'll just go ahead and read it to you. Okay. Like it says, it is hereby establish and acknowledge that per the rules and regulations set forth, the individual known as Landon shall hereafter be referred to and identified as Landon AI. And it keeps going on. But this is the rule. So if you're the rule follower, follow him. And I've made a shortcut for you, too. Like, the rule is Landon's nickname is Landon AI.

All right?

So that.

Now, okay, while we go off the tangent of land and AI, I do think Landon's land and sea is pretty good.

Land and sea.

Land and sea.

Now, now let's get back to the topic at hand. Okay, look, look. Anybody could do, like. Anybody can go check me on this one, but I want to. I'm using this to make a point. Like, I think in the camera. If you're watching this on YouTube, I think I can make this. Maybe I can't. I don't know. Let me cover up my head or something. I don't. Anyway, this is a golf club, and the name on this golf club is Adams. The manufacturer, Adams tight lies. Strong seven. You can see it really good right here, I think. Yeah, strong seven. Okay. And if you just plug this into, like, ebay, this. This thing that says Adam's tight lie, strong seven, you'll see that the price of this thing ranges from this golf club, ranges from $15 to. One person I saw was selling just now for $50, plus $15 shipping and handling. Okay? So anywhere from $15 to. Let's say $50 is the price of this golf club. The general market can't decide what the price of this golf club is. They can't do it. Now, me, I went. I didn't go on ebay to buy this thing. I wanted to buy it. I heard about it. So I'm like, you know what? Let me go see if I can hunt around. So I went to this place called a thrift store. Okay? The thrift store was selling this same thing for $3. $3. Now, I knew when I walked in the thrift store that ebay was selling this thing for 15 to $50. So is it my obligation by being a moral person to walk up to the seller, the thrift store, and say, hey, you got. You've got this thing priced wrong. You have a price for $3. But the price on ebay, which is a really good market for pricing, is anywhere from 15 to $50. So I'm going to pay you the $3, but I'm stealing it from you. No, it's not my obligation to set their prices. Now, if I saw that the price didn't look right or something like that, but all the golf clubs there were $3. Now, I want you to think about this for a second. I bought this golf club for $3. I can turn around and sell it on eBay for 15 to $50. And did I steal this from anybody? No. The seller set the price that they thought was fair. Okay, do. Am I twisting someone's arm to buy it from me for 15 to $50? No, because the person buying this golf club from me will buy it at the price that they think is fair. See, it's all about what people, two parties think is a fair price. It's not. There's no. There's no magic there. It comes down to basically, a mutual agreement of what the fair price is. Now, what about. What about the thrift store that got this thing for free? They made. They didn't have to do anything to sell this thing to me, right? Like, they didn't have to go buy this thing. Someone gave this to them for free, and yet they sold it to me for $3. Think about their margin. Their margin is ridiculous. Should they have told the person, hey, we're gonna sell this thing for $3, so at least we have to pay you, like, 250 or $2. No, there's no obligation there. Why did the person get rid of it to the. To the thrift store? Because they were done with it. They didn't see the value of it. Now, does the thrift store owe an obligation to the person who's donating us to say, hey, you're kind of giving us this thing, but we can go on e. You could go on ebay and sell this thing for, like, $50. What do you mean it's no value? See, we all value things differently. We all value things at different prices. The person who gave this thing up didn't value it. They were done with it. They thought there was zero value in there. The thrift store, they valued it $3. Why? Because they paid nothing for it. But yet some items they sell in there for 20, $30. They didn't pay anything for that. They're not selling everything. They're making huge margins. That thrift store is. But the people on ebay. There's people on ebay that are going thrift store hunting for these things, buying them for $3, and sell them for up to 50. Do they have an obligation to tell anybody, like, oh, I only paid $3 for this thing, so I'm only going to sell it to you for $4? No, it's called capitalism. That's the way that it works. And, you know, Eric brings out some good Points. Landon and Taria bring out some good points, but every time I hear this, I think about this golf club and the perceived value of multiple people in the stream of commerce.

That's it. I'm so glad you brought up capitalism because there's that famous Winston Churchill quote. It has been said that democracy is the worst form of government, except all the others that have been tried. And the same could be said for capitalism. So really the question is, are you uncomfortable living in a capitalistic society? And getting back to Cherry's point, you don't have to be a capitalist. You can certainly, if you're, if you feel that it's morally and ethically wrong to live in a capitalist society, then there's other ways to live. Now the question is you probably wouldn't want to be in those countries because as capitalism has so many flaws, it's still the best of the systems out there. And we've seen so many areas of the world try these different economic systems and fail miserably and people suffer needlessly because of it. So yeah, do we have, I mean, you know, technically a pure capitalist system? No, it's a blend. But for the most part it works really, really well. But yeah, it's all about value. It's all about the value proposition. And for sure it is something that most people who live in the United States are comfortable with just living day to day with the fact that when they buy something, they're getting value. When they sell something, there's value for that person and it's, and there's, there's value along the chain. Right. When we're buying a piece of land from a seller, we're helping them get rid of an asset that's now become a liability for them. When we sell that property to someone else, those that person that's, that's bought is now paying property taxes. Those property taxes go and help those communities and allow those communities to build schools and hospitals and improve their roads. And then finally you as the person for creating the machine, for creating the business, you get rewarded as well. What you do with that reward can be extremely moral and extremely ethical because the more you make, the more opportunities you have to give. And that in and of itself could be the best argument for capitalism. Make as much money as you can so you can give and improve others lives as much as you can before your time on earth is done. Tria, what do you think?

I like that a lot.

Land and sea. What do you think?

Violation. Violation. Violation.

You just violated the rule and it's a $5,000 fin line, per the rule. Mark everybody in the room.

By the way, lucky for me, I can violate it and spend that $5,000 to the charity of my choice, which is going to be baldo.org.

It doesn't say that it has to be a contribution. No, I think it says we will have to vote to make sure we clarify the wording there who you have to pay that to or six months in prison. Jail.

Yeah. There's a reason people don't like lawyers. We're starting to see this in real time.

Listen, I didn't do this. I didn't make the rule up. It exists. I found it. I did a search.

Well, if you, if you're still listening to this, we still have more value to transmit to you, dear listener, because we're going to go to a land shark and ask him for his tip of the week. A website, a resource, a book, something else actionable for the art of passive income listeners to go improve their businesses, improve their lives, surf and turf. What's your thought?

I guess I answered anything at this point. So my tip of the week is apoly. It's apple.com I'll put in the chat. It's a, it's basically a tracker, time tracker. You can use it for your VAs, track their time, see you know how much time they're putting in and be able to like, know how much you need to pay them. But it also has a lot of other tools that you can use like scheduling and client invoicing, task management, payroll, you name it. It's got a ton of. So that's. It was, it's something that came across and I was like, yeah, this is great for managing some of your VAs. Now disclaimer. If you're on upwork, if you're on fiverr, you should pay through them. Because I'm a rule follower, that's what I do. Because I'm morally straight and centered. That's what I do. But. So that's my disclaimer for that. But other than that, that's my.

Okay, okay, put it, put it in the chat. I want to check this, this tip out, this site out for sure. Eric Peterson, have you heard of this? Aptly have not. Number one, time tracker app and software, Time track for desk, mobile and time tracking for desk, mobile and remote teams. Track time to increase your team's productivity for up to 20%.

I think they want it to be called like employee. Like employee.

Oh, I like it.

I thought it was Apple.

It's Pretty. It's pretty cheap. $10?

Yes. If you do it for a year, it's like $2 to $3. It's pretty cheap. It's affordable.

Are you using it?

I just. So I would just start it with this. And I was just going to start. I was going to plug one of our VAs into it this week. So, yeah, this is. It just intrigued me and I was like, I'm going to start using this to kind of plug some of the va, because we do have some that aren't from Upwork or fiverr. And I kind of want to track what they're doing. I want to know. So let's keep them a little honest.

You know what, though? I don't know if. If you have to track someone's honesty, maybe they're not the right person to be working with.

I mean, these guys are making three bucks an hour, so you gotta, you know, it's not above them to try to get a little bit more. I wanna. I wanna know. I really wanna be able to figure that out because we do. We go in and we'll track and look at our VAs and go. It doesn't take you that long to do this job. We've done it in five minutes. So I feel like I could kind of research a little bit with this.

All right. I mean, it's going to be an uncomfortable conversation with your va. Like, by the way, we're going to track you. We're going to take screenshots of your. Of your desktop as well, so we can see what you're doing.

And I mean, we're going to track.

Your usage on certain apps. We're going to track your URLs. We're just going to watch you work.

But you.

You. If you're upwork, they do the same thing. They do the exact same thing. They track, they track. Oh, yeah, yeah.

We've caught. We've caught one of ours playing video.

Games because they track on company time for that.

All right.

Yeah. Yeah.

Scott. Todd, what do you think?

I don't know. I. I kind of use. Okay. Like, if I had something direct, maybe most time I do because I follow the rules, you know, like upwork. And I don't really have anybody that I would pay. I mean, I guess there's people that do pay by the hour, technically, but I don't track them. I don't know. Maybe I should. Maybe I should. I don't know. I don't really want to. I don't really want to. As long as they're doing their job. Like, I don't. I don't know.

I don't know.

See, the way. The way I look at it is this. Let's pick on due diligence, for example. So I know it takes me, like, I can do a pretty good job of due diligence in about 40 minutes and maybe a little bit slower since I haven't done it a while, but I could probably do a due diligence on a property in about 40 minutes. I have a VA that's just slow. Okay? He. He makes $8 an hour, and he just bills me for two hours for the due diligence per property. Okay? So I'm paying them basically $16 to do due diligence on a property. And when I think about, oh, I do it for 40 minutes. He should be doing it for 40 minutes. I'm thinking like, okay, it cost me an extra $8 not to have to worry about it. And then beyond that, I've never found a problem with his due diligence.

And.

And then beyond that, is my time really worth kind of like tracking that down? So I. I don't know. I don't. I don't.

I don't. I mean, getting back to the, you know, to take this full circle, is it moral and ethical to watch somebody work in that way? For example, if we golden ruled it, Landon, would you want someone in your house sitting with you, watching you work?

So. So our business is. So it's a little different, right? It's. It's not the usual. It's not the norm, but let's say you have a 9 to 5, or.

Or.

Or you're an hourly employee. You clock in and you clock out. Now you have managers that are around, and you have supervisors, and they're all either watching what you're doing, if they're good supervisors or managers. So they're kind of watching how you're working. And if you're not doing the job, you get fired or you get written up, whatever. I don't know. Like, for me, I think that's a fair point.

I actually do think that's a great point. I think we're going to give there the last word on this.

When. When we were talking about the app, because we have had a couple of employees that were outside of upwork. They were hourly. And we did have questions like, okay, it should not take you four hours to remake pictures, right? It just shouldn't take you that long to do. And we've gotten you be funky and you can upload a Whole. So what exactly are you doing? So even if it's not a constant, I'm going to monitor you, big brother, you know, for weeks at a time. At the very least, let us see what you're doing so we can help improve whatever process you think you're doing. But give us. Give us this time so we can see exactly what you're doing justify for us the amount of time it's taking you.

Fair enough. Fair enough. I think it's a legitimately solid tip of the week from Landon. Landon Sea. So Tate has jumped on. I love it when you call me Big Papa Tate.

We've been having marks at 10,000.

We've been having an issue so far today. All right. The community has spoken.

$10,000. That's what I'm saying.

Glad I got on this podcast.

Okay.

The community.

Modern Swear Jar.

Swear jar.

The community is spoken. They like. They like Land Shark as Landon's nickname.

They did not speak, and you were not the community.

It was on the mighty networks.

It is not on mighty networks, Mark. No, no, no, no, no. Gretchen asked a question. There's no poll. I found no poll to this. And where. Where is this poll.

Anyway?

I swear I saw something.

Do you like. Do you like Aquatic Investor? Land in AI? It's a whole. It's a lot of. That's a big mouthful right there, Landon.

A land of AI. That's all you gotta say.

Land and AI, which doesn't have that much personality, number one. Or land and sea, which I find very clever because it's like land and sea and then land shark. I think those are the. I mean, surf and turf, I don't like at all.

I definitely do not like surf and turf. That one that you said, that was like a paragraph in length. I'm out on that one. I can't remember what that was, but it was really long. I really like Landon. Like, I think that's just a solid name. Like, hey, Landon.

It is.

And it's not really a fan of.

Like, no creativity to that.

I'm just like, hey, Landon, what's wrong with that? Like, it's. I think we're missing the boat here. Like, the guy has got the word land in his given name.

I don't know.

I don't know.

I mean, but he's a professional swim coach. Landon C. I think could be the winner.

Listen, I just gave.

Landed in the Land investor.

There's no poll. Nothing. Not a poll at all. Okay. It's you weighing in, saying that you. You like the. The landshark but you don't love it. One person. One person. Ryan Perez said Landon Sea. Okay, she. She wins. She wins the default Aquatic investor. AI. That's why. Why.

Why are you getting the final word on this?

Listen, it doesn't make up, you know, Taria. Look at her, man. You're gonna see her boot camp soon. Don't mess with Taria.

I'm not saying I'm messing with Taria. I'm just saying.

Yeah, I changed my boat.

She lives with land.

Hey, can you see the chat? Can you see the chat?

No, I just see the link you posted here.

I'll put.

I got it. I got it right here. Look. Tate, we found this. I found this today.

Oh, Terea Harris. I like Scott Todd's suggestion. AI Aquatic investor. He's too close to it.

Too close.

I put that before the call. I didn't realize it was going to be the topic. That was earlier today.

Oh, that rule I found. And Mark says he's a rule follower. He said. Well, he claimed on this podcast he's a rule follower if the sign says. He said, if the sign says don't walk, don't walk. And I gave him a sign that says this, right?

Well, hey, look, fair is fair. And the one thing that this rule doesn't say is it fines up to $5,000 per person that was offended or is it just a lump sum? Scott, do you know, because I'm offended.

I think every person on the call.

Says is Dave wants his payday.

Whoever violates this, okay, whoever does not properly identify landon is Landon AI may result in fines up to $5,000 and. Or six months in jail. Okay. And also for damages. So Marcus already violated this rule twice at a minimum. Okay. Maybe pushed a third time. We should probably just round up. The jury says three. We should round. As a result of that, he's found guilty. He's found guilty. He now owes us $15,000.

By the way, for all the lawyers who are listening to this, feel free to DM me in Mighty Networks. And I've got some pro bono work for you for sure.

So anyways, yeah, I mean, it is what it is. Excuse me, Landon. AI, I was not aware of this rule when I jumped on this call, but you know, Taria has spoken. So has the Internet apparently. And there's binding law finding, I think.

I think at the next boot camp, which will be like, by the time this is record, like goes off, it will be done with it. So the virtual boot camp this weekend, that will be the final say we'll do a poll and that'll be it.

I still vote with Taria.

And then of course, three will have the final say.

Whatever the community says, we'll.

We'll go, we'll go with it.

All right.

Fair.

Fair enough. Well, I thought this was a lively debate, a great topic, and I want to thank you, dear listener. So if you're getting value, please support us. Follow rate, review the podcast, Send us a screenshot of that. Review supportlantic.com I'm going to send you for free a signed copy of. Of Dirt Rich. And I might even sign it mark, parentheses AI. There you go. Just to make Scott Todd happy. I don't know. All right, are we all good?

All good.

All right, we're ready to do this.

Yes.

1, 2, 3.

Let's let freedom, Freedom, Freedom, Ring, Land and Sea.

I thought that was a great podcast.

It's fun.

You know what? That kind of just. You know what? That rolls off the tongue.

It just rolls.

$20,000 we're up to now, guys, what rolls off the tongue?

Land and sea. 5.

We all agree. The most profitable podcast we've ever been on.

Tate, seriously, say, say land and sea.

And then say Landon AI Land and AI.

Eric, see that?

I'm not, I'm not trying to owe any money here.

No, no, you gotta say, you gotta say it.

Both.

I'll say it off air.

Oh, my gosh.

Hey, Mark, here.

I, I used to play this game with my kids, by the way. We'd pick a word and then you try to get them to say the word. Oh, no, the word was what? So then you would just like the, you play the game like, can you get them to say what? And I'd be like, like what? Like, ah, you're it, Mark.

Here, here is the, the proper, here's the proper poll question. Here it is.

Okay. Which name best represents Landon's innovative and forward thinking approach? Land&AI or Landon C?

Land and C.

Are you referring to like C as in the sea?

I mean, but which name best represents besides this innovative and forward thinking approach?

Oh, no, no, that's a poll question.

It's a poll question.

No, no, that's a poll question. The Internet has spoken. That's the appropriate question.

Do you know how much time this guy spent in water? A lot of time. I think that needs to be reflected in the nickname.

Esther, we got that aquatic is too long.

It doesn't roll off the tongue. The technician. I love it when you call me Big Papa. Which kind of long? It's kind of long.

Really long mark. And it. You might roll up the tongue, but it's really, really long.

Yeah, but it also represents the love of rap.

In Biggie Smalls, some of the older audience don't understand what it even means. They're like, I don't know what that means. He must be a dad.

Yeah. By the way, we have another topic just Tate and I need to discuss. Is it politically incorrect now to still listen to Kanye?

Yes.

Can we still listen to. Can we still enjoy his music?

No.

I mean, because we're talking about morals and ethics. I mean, look, can we. Can we for. I think it's okay. Now, this is my argument. I can separate the human being because we're all flawed from the art. Because if I look. If I look back in history at all the great artists, I'm sure as human beings, they weren't that great because they're all flawed anyways.

Yeah, I mean, it's. It's kind of like the art, hate the artist. I think that's a pretty common, you know, question that a lot of people have struggled with. But, you know, everybody who's listening to this is a big boy or big girl. They can make their own decisions as to whether or not they want to listen to something. As long as it's his podcast, you can listen to it. Anything else?

That's up for you 100.

But if you're at a party and you're with mixed company, do you bring it up, or is this just something like. I mean, do you have to be a closet Kanye listener? Now, if I. If I'm listening to graduation, can I not be like, oh, what are you listening to? I'm like, you know, Bach, Bach, Bach.

You just say, I'm listening to Kanye before I knew he was crazy. Yeah.

I don't know, man.

That's fair. Well, we'll see how his next album goes.

That'll be interesting.

Yeah. I don't know why I even brought that up, but world. Anyways, we're off topic. Thanks, everybody.

See ya.

Thanks for listening to the Art of Passive Income podcast. Are you ready to learn how you can start building a passive income without renters, rehabs, renovations, or rodents? Schedule a free consultation@thelandgeek.com training. Let freedom ring.