Find Your Zen Investor Inside (LA 805)
Transcript:
Steve: Steve and Jill here.
Jill: Hello
Steve: Welcome to the Land Academy Show. Entertaining land investment talk, I'm Steve Jack Butala.
Jill: And I'm Jill DeWit, broadcasting from sunny southern California.
Steve: Today, Jill and I talk about 'Find Your Zen Investor Inside' and I'm going to quote Jill right before the show.
Jill: Uh Oh.
Steve: What the heck is the topic about?
Jill: Right.
Steve: What do you mean 'Find Your Zen Investor Inside'?
Jill: What are you talking about.
Steve: Really? What the heck does that mean. What it means is, you should be having fun and this should make sense to you. After you're all educated and you get a few deals signed and you should just feel good about it. You should say "you know what? I love buying infill lots or rural vacant land or I love wholesaling houses.It's easy, it's profitable, I get to spend more time with my family. And, it's just, I found my zen. If...
Jill: Go ahead
Steve: ..that is a huge struggle and it's like "god, I don`t want to do this next deal", that's not good.
Jill: For the record, I was trying to ascertain what this means to you.
Steve: Oh, I just told you.
Jill: I know. Thank you. I appreciate that. Then thank you for also explaining to me what you think... you know what I mean. I was trying to figure out what this means to you. Any by the way, I have to just say something, you see the little asbestos flakes falling down? It's-
Steve: Asbestos flakes?
Jill: That's what I think I'm seeing. I wonder if it shows up on the camera, but every now and then, there's like little fuzz from our older...where this studio is, is in an older facility and every now and then I see the little asbestos flakes. That's what I say-
Steve: Here's the story of this facility, of this studio-
Jill: Coming down like that over there, and I don't know what that is.
Steve: Jill has this beautiful air conditioned office in a little beach community near our house and I went on the roof one day and I notice that there's this open store room, there's a bunch of shelves in it from the 80's. So I call the landlord and I say "no one is using that store room up there. I'll rent it from you for X" he said "that sounds like a great idea! Clean it all out" so that's what happened. And now the asbestos is coming.
Jill: Exactly. I love it. And I love that lead based paint over there too. Just kidding.
Steve: That's what I had for lunch
Jill: I'm sure that's what's going on.
Steve: Before we get into the topic, let's take a question posted by one of our members on the landinvestors.com online community. It's free.
Jill: Landrove asks, which I'm sure Landrove is his website.
Steve: Yeah.
Jill: I love that. "I just got the course and joined about a month ago. This is my first post.
Steve: Uh oh.
Jill: ...Congrats... "I have a question about pricing.