Jack Thursday - Land Investing Rules to Live By (LA 1736)

Transcript:

Steven Jack Butala:

Steve and Jill here.

Jill K DeWit:

Hello.

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 Valley of the Sun.

Steven Jack Butala:

Today's Jack Thursday, and I'm going to talk about land investing rules to live by. It's the same rules that I live by to get deals done, and have been for many, many, many years. Jill, not so much. Jill's got her own rules. She kind of just wakes up each day and see what's-

Jill K DeWit:

Well, what's that word? R. What starts with an R? What was that word?

Steven Jack Butala:

Rules.

Jill K DeWit:

Oh, I'm not familiar with that word. Please explain.

Steven Jack Butala:

Jill has to have feelings, and I have to have discipline.

Jill K DeWit:

Rules were meant to be talked about after I figure out how I want things to go.

Steven Jack Butala:

All kidding aside, people come to us every once in a while and say, "How the hell can you work with your spouse?"

Jill K DeWit:

Yeah. I ask myself that all the time.

Steven Jack Butala:

And to which I say, Jill and I have the same goal. Way out there, we have a goal together. It's the same goal. And how I get there is completely different than how she chooses to get there on a minute by minute, moment by moment, day by day basis. And that's what this show is like. I have rules and I have a way to get stuff done, and she has whole different way of how she works. She's works later in the evening, I work in the morning, and that's just the beginning. There's some very, very different stuff. And we just, most of the time, not all the time, stay out of each other's way.

Jill K DeWit:

Let me tell you how Jack sees me.

Steven Jack Butala:

Right now is not going to be one of those times that we stay out of each other's way. Watch.

Jill K DeWit:

This is how Jack sees me. For those of you who are over 40 ish. You know exactly what I'm talking about. There's a cartoon called Family Circle, and they would draw these pictures and this cartoon in the paper, and you'd see how the kid got from point A to point B, and he would be over the rock, and under this, and picking up that, and swinging on this, and taking apart that, and then eventually would get there. That's how Jack sees me.

Steven Jack Butala:

That's true.

Jill K DeWit:

I know.

Steven Jack Butala:

It's true. And I'll tell you what, we have goals every month for all this, and she hits or exceeds her goals every single month. And very often does it in the last two days of the month.

Jill K DeWit:

That's the way I like it.

Steven Jack Butala:

I know.

Jill K DeWit:

I like to make you sweat.

Steven Jack Butala:

It gives me a heart attack every single month.

Jill K DeWit:

Thank you.

Steven Jack Butala:

Before we get into it, let's take a question posted by one of our members on thelandinvestors.com online community. It's free, and don't forget to subscribe on the Land Academy YouTube channel and comment on the shows you like.

Jill K DeWit:

Mike wrote, "Anyone with mobile home experience? I have a property where the seller is living on site and wants to make me an offer. That includes her 22 year old mobile home. She wants to move to a smaller lot and a newer mobile home. So do you increase your offer for a mobile home this old? It's being lived in, so I know there's value to the water, septic, and electricity." I love these. These are my favorite kind of deals that come along.

Steven Jack Butala:

I love these deals. Love them. You know what this is? Bucket two property. So you sent out a bunch of mail. We talked about this two days ago on the show.

Jill K DeWit:

Basket three for Team Jill.

Steven Jack Butala:

You know what, just set out to confuse people.

Jill K DeWit:

I'm sorry.

Steven Jack Butala:

This is a big,