Tyler WagnerFounder, Authorsunite.com · Authorsunite.com and Partnerprofits.io Founder - #1 WSJ Bestselling Author - Book Publisher - Book Marketer - 4,000+ Authors Served - Millions Of Books Sold By Clients - Investor

Mark Podolsky:Unveiling the Success Journey

Name: Mark Podolsky:Unveiling the Success Journey
Uploaded: 2024-02-09T14:07:08+00:00
Duration: 56 s
Channel: Tyler Wagner
Description: In this segment, Mark Podolsky (presented by Tyler Wagner) shares a personal story of workplace burnout and his quest for a lucrative side hustle. He…

9 Feb 2024 · 1 min

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In this segment, Mark Podolsky (presented by Tyler Wagner) shares a personal story of workplace burnout and his quest for a lucrative side hustle. He describes how a colleague introduced him to buying tax‑deed land in New Mexico at a fraction of market value, promising 300% returns. With $3,000 saved for car repairs, Mark travels to a tax‑deed auction, follows the colleague’s instructions, and purchases ten half‑acre parcels at roughly $300 each. He then lists the parcels online, selling each for about $1,200, effectively quadrupling his investment. The narrative highlights his initial skepticism, the step‑by‑step process of acquiring and flipping tax‑deed land, and the financial success that validates the side‑hustle approach.

Chapters

Tyler Wagner Wagner, it got so bad for me, I wouldn't get the Sunday blues anticipating Monday coming around. I'd get the Friday blues anticipating the weekend going by really fast, work on Monday. So my firm hires this guy, he's telling me that as a side hustle he's buying land pennies on the dollar, he's flipping them online, and he's making a 300% return on his money. And I'm looking at companies all day long. And a great company— great— has 15% EBITDA margins or free cash flow. Average company's 10%. I'm looking at companies all day long less than 10%, so of course I don't believe him. So I got $3,000 saved up for car repairs, and I go to New Mexico with him to a tax deed auction. I do exactly what he tells me to do. I buy 10 half-acre parcels, an average price of $300 each. I flip them online, and they all sell for an average price of $1,200 each. It worked. So I took all that money