How to Overcome Bad Situations (CFFL 553)

Transcript:

Jack:                      Jack Butala with Jill Dewitt.

Jill:                          Hey there.

Jack:                      Welcome to our show today. In this episode, Jill and I talk about how to overcome bad situations. I'm looking forward to this, for a lot of reasons.

Jill:                          I can't wait to hear why.

Jack:                      I'm looking forward to it, because I'm like a hot head from Detroit, and so I can make a bad situation out of anything good.

Jill:                          Yes you can.  And I can't make a good situation out of anything bad.

Jack:                      I know, I know Darma. Let's take a question posted by one of our members on the LandInvestors.com online community. It's free.

Jill:                          It's really good. Kristen P. asked, "Hi I looking for some advice on what to do in this situation. I sent out a mailer in the beginning of August to a few counties in Texas, and with my luck Hurricane Harvey hit those areas dead on. So I'm not sure what the best route is. I know the area will be restored within time; however, I am worried about buying these properties, and having an issue selling them due to others being concerned about the damage in the area and what not. What would you do in my situation? Thank you. Kristen."

Jack:                      This has come up a lot recently, 'cause there's a lot of hurricanes. It's hurricane season. And Jill and I actually agree on this, it's the one thing we agree one.

Jill:                          Yep.

Jack:                      As Ripley said in the movie Alien, "Nuke it for morbid." I would not even answer the phone. I don't believe in taking people when they're down like this, and when people are looking for their photo albums, and stuff in a flood. You don't want to be talking about a real estate deal.

Jill:                          Right.

Jack:                      And you don't want to take advantage of people ever. Ever, ever, ever, so that's what ... I would send a mailer out to Utah or something.

Jill:                          Well what about this idea, Jack. Now that you are talking about it. I mean 'cause, so yeah A, we totally agree, which is, don't try to take advantage of people now in this situation. Got it?

Jack:                      And you're 100 percent correct Kristen P. you're right, alright? But what it looks like to the rest of the world is that, you're trying to screw somebody. So, and we know you're not. You sent it out before the hurricane-

Jill:                          Well hold on a moment-

Jack:                      There's no way you can explain your way out of that.

Jill:                          Well hold on a moment. Here's my thoughts. Let me run this by you Jack. Here's what I think, so she sent out these mailers. Let's think, in August, so they got it in August, and they've been thinking about it, and now they're gonna call her back saying, "Do you still want it? It's under two feet of water." Let's talk about that for a second.

'Cause that really maybe what's going on. She's made an offer, and she still wants the property. Does she say, "Now, I know I offered you a 1,000$ for that property. I don't want it anymore, 'cause now I know it's under two feet of water. I'm sorry, I can't help you." What about that scenario?

Jack:                      I mean you know what, this is kind of like how to overcome bad situations. It's kinda like the show. There's a lot of ways you can go here. I mean, you could pick up the phone, and if the person says exactly what you just said, "Do you still want it?" I guess I personally, as much as I hate talking on the phone, and hate talking to people and stuff ... I think that you might want to just have a nice fireside chat with 'em, and say, "How are you doin'? Is everything cool?" And I don't know ...