Jack Thursday - Fourth Quarter Decision Making Time (LA 1861)

Transcript:

Jill K DeWit:

Camera moment.

Steven Jack Butala:

And we video in three, two. Steve and Jill here.

Jill K DeWit:

Hi.

Steven Jack Butala:

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

Jill K DeWit:

And I'm Jill DeWit, broadcasting from the beautiful, scenic land of M22.

Steven Jack Butala:

Wow.

Jill K DeWit:

Boy, wasn't that pretty? We did a lot of M22 the other day.

Steven Jack Butala:

I'll explain it in a second.

Jill K DeWit:

Okay.

Steven Jack Butala:

Today is Jack Thursday and I'm going to talk to you about how it is now the fourth quarter, and you have to make some decisions about how you want the rest of your financial year to go.

Jill K DeWit:

Sounds like a football moment.

Steven Jack Butala:

Yeah.

Jill K DeWit:

Okay.

Steven Jack Butala:

There's a road called M22, the state road Michigan 22. And it goes around... If Michigan were a mitten, it goes around this finger right here, your pinky finger around here. Through... But there's a big traverse bay here. And Jill and I drove it. I grew up in Michigan, Southeastern Michigan. I never knew this stuff was up here.

Jill K DeWit:

Beautiful.

Steven Jack Butala:

What an amazing drive.

Jill K DeWit:

Yes, we have seen the dunes. Yes, we had lunch in Fishtown. Yes, we thought, "We should buy something here." Only because, as we're rolling through, it's like 75 degrees. We hit... As Jack calls it, a chamber of commerce worthy day. That's the day that we did M22.

Steven Jack Butala:

Yeah.

Jill K DeWit:

Not January M22. So yeah.

Steven Jack Butala:

January M22, you would do on a snowmobile.

Jill K DeWit:

Yeah. No, that would be fun too, actually. I did see the snowmobile signs as we're rolling around. Oh, just gorgeous.

Steven Jack Butala:

What's cool, is that somebody took the concept of N22, the sign.

Jill K DeWit:

Yeah.

Steven Jack Butala:

The road sign. And now they have all these products with M22 on it. They have a directory of things to go to people. Buy dry suits, and actually, while it's snowing, literally surf. The surfs that... on certain points on the M22, there's great surfing. And they also have little local bars or restaurants all over the place, so. I just thought that was just brilliant, brilliant marketing. To take some kind of little local secret and just get it out there. Before we get into it, let's take a question. Posted by one of our members on a landinvestors.com online community. It's free. Please don't forget to subscribe on the Land Academy YouTube channel and comment on the shows you like. Not joking. It'd be great. Because it helps us develop better content, when I know what you like.

Jill K DeWit:

Totally. Steven wrote-

Steven Jack Butala:

This is lengthy.

Jill K DeWit:

... Okay. "Hello everyone. I've been out of the loop on here and have a lot to catch up on." I'm sure he is talking about discord. "There's always a ton of gold in these chats."

Steven Jack Butala:

Yeah.

Jill K DeWit:

"I usually pop in here when I have questions about my business. So I ghost whenever things are going smoothly."

Steven Jack Butala:

That's just like the typical Land Academy member.

Jill K DeWit:

That's totally, yeah,

Steven Jack Butala:

"You guys... Oh, wait a second. I just closed a deal."

Jill K DeWit:

Right? "Discord is where I find out about all the questions I don't even know I need to ask. So here's the question I do have though. Last year, around this time, I sent out a lot of mail and set the closing date just before and after Thanksgiving. I had a decent response, but getting any through escrow after Thanksgiving was ridiculously slow. Surely it's because of the lack of staff at title and escrow, coupled with all the people still trying to 1031, take losses, et cetera. Before the new year. I still need to do $40,000 to make my goal for 2022." I love it.

Steven Jack Butala:

Me too.

Jill K DeWit: