Coach Seat Rash

Transcript: 

Jack Butala:                         Jack and Jill here.

Jill DeWit:                            Hi.

Jack Butala:                         Welcome to the Jack Jill Show, entertaining real estate investment talk. I'm Jack Butala.

Jill DeWit:                            And I'm Jill DeWit broadcasting from sunny southern California.

Jack Butala:                         Today, Jill and I talk about how Jill gets a rash when she sits back in coach. Coach seat rash.

Jill DeWit:                            I made this comment while we were talking about and I shared this funny story and you're like oh, we're going to do a show about that. And I'm like, oh boy. So, this ... when we get into the meat of the show I'll share where this came from and why it's funny.

Jack Butala:                         That's how her whole life goes. We should make a show.

Jill DeWit:                            That's exactly true. We do that all the time. Over dinner and other odd situations.

Jack Butala:                         This is a whole show for you right here. That's what we all say.

Jill DeWit:                            This is true. Exactly.

Jack Butala:                         Before we get into the topic, let's take a question posted by one of our members on the jackjill.com online community. It's free.

Jill DeWit:                            Okay. I have the question and then I have one of the answers here too. This is cool.

Reed J asks, "The numbers made me buy a legally land locked property. It's a double your money situation, although I could drastically increase the value with deeded access. Does anyone have any experience on obtaining legal access?"

Well, Jason L responded, "I am following this because my wife and I want to buy land in a specific area on water. It has been plated but the builder stopped developing in '09. We love the area but we don't know how to get to the property unless by boat."

Jack Butala:                         Okay. I chose these questions for serious real estate reasons. Because we are going to talk about the rash that Jill gets as she sits in the back of the airplane.

Jill DeWit:                            Okay.

Jack Butala:                         But first, both of these things, lack of access and water access only are incredible attributes to a select few people.

Jill DeWit:                            Right.

Jack Butala:                         So you know how when you look into internet marketing the first thing they say is, "What's different about you? I know you're going to market something. Jack, what the heck's different about the way that you buy and sell real estate?"

Well, we buy rural vacant land, first of all, and no one else does. So, to get really niche is almost always a really positive thing.

Jill DeWit:                            True.

Jack Butala:                         Am I saying run around and buy land locked property and celebrate? No, no. You don't want to do that. However, what intrigued me about this question or this comment is if the numbers work, right? So obviously he's buying some property from somebody that believes they can't get to it which is never the case. You can always get to it.

Jill DeWit:                            That's my point too. He does say legally landlocked. He doesn't say physically. That, to me, says I probably looked at it on the map and found a road, which I do all the time. And then, I'm like, this is great. So I know we can get there. We got that done.

Jack Butala:                         Exactly. So, does anybody have, he's asking, does anybody have experience obtaining legal access? So, here's my whole point? Is that the business you want to be in? Dealing with the city, calling other people who own property, trying to get an easement, a legal easement, and then get it recorded and do all ... are you a developer?