How to Price a Mailer by Land Type (LA 797)

Transcript:

Steven Butala:                   Steve and Jill here.

Jill DeWit:                            Hello.

Steven Butala:                   Welcome to the Land Academy Show, entertaining land investment talk. I'm Steven Jack Butala.

Jill DeWit:                            And I'm Jill DeWit. Broadcasting with Steven from sunny southern California.

Steven Butala:                   Today Jill and I talk about how to price a mailer by land type.

Well what the heck is that?

Jill DeWit:                            Yeah, wait a minute. What?

Steven Butala:                   There's rural vacant land, there's infill lots, there's commercial property, there's all kind of sub sections and stuff like commodity type property, like farmland. Or land that needs to be converted to sub divisions that is farmland. We'll talk all about it.

Jill DeWit:                            Cool. It's like a laundry list. There's a lot.

Steven Butala:                   I try to run thor it quickly just to ... oh, I don't know why.

Jill DeWit:                            You know, it's so good because so many people think, "Oh, it's just land," they don't even see there's land that's zoned for mobiles and land you can do this. If you think you buy a piece of dirt and you can just put anything you want on it, you can't.

Steven Butala:                   That's right.

Jill DeWit:                            And I think some people are confused by that too. "What do you mean? It's mine." Yeah, but there's rules though, depending on where it is. Even the type of construction you can do, there might be rules.

Steven Butala:                   However, the good news is if you know what you're doing and comply with these rules, fortunes are made. Jill and I are splitting property right now in an urban area that should've been split a long time ago. We're doing okay.

Before we get into the topic, let's take a question posted by one of our members on a Land Investors online community. It's free.

Jill DeWit:                            Carl asked, "Hello, I've been studying for a month for land business. And yesterday was my first time I contacted counties for the delinquent list. I emailed them." Oh, I'm like who'd you email? He emailed the county clerk. "I went to the county clerk office. Most of the county clerk representatives told me they don't know of any list." Oh. Boy. This is such good information.

Steven Butala:                   You're answering your question.

Jill DeWit:                            This is awesome. "And that maybe I need to contact each township's tax collector."

Steven Butala:                   I can read Jill's mind right now.

Jill DeWit:                            "So my question is,"-

Steven Butala:                   And I love what's in your mind right now.

Jill DeWit:                            "My question is, am I contacting each town or the counties? The only county I spoke to said they have no list and taxes are submitted on municipals\township level. What has me confused is everything I heard and read about this getting already is from the counties. Also, one county tax office told me they can not give me that type of information and I would need to fill out an open republic relations actually form." Oh, my gosh. "Are others needing to do this? Thank you, Carl."

Steven Butala:                   Go ahead, Jill.

Jill DeWit:                            Carl, Carl, Carl. Boy, can we help you.

Steven Butala:                   Yeah.

Jill DeWit:                            It's like I'm trying to give it...