Jack Thursday - Negative Attention (LA 1791)

Transcript:

Steven Jack Butala:

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 valley of the sun.

Steven Jack Butala:

Today's Jack Thursday, and I'm going to talk about negative attention.

Jill K DeWit:

She won't be-

Steven Jack Butala:

Just, right before the show, she's like, "What is this?"

Jill K DeWit:

Yeah. I'm like, "Are you going to call somebody out?" And he's, "Kind of." I'm like, "Well, hold on a moment." He's, "No, I won't make it too obvious."

Steven Jack Butala:

I'll disguise it.

Jill K DeWit:

And I said, like yeah, what did I say? "Disguise it in the form of an insult."

Steven Jack Butala:

That's no disguise at all though.

Jill K DeWit:

Nope.

Steven Jack Butala:

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

Jill K DeWit:

Aaron wrote, "What does surveyed with boundary and building envelope mean?".

Steven Jack Butala:

This is an excellent, excellent question. This is what I would call a master's degree, maybe even a PhD level question, and I think it's great. When you get a survey for a property or regular survey without the boundary or the envelope, what they're doing, what the surveyor is doing, is looking at the bond, the perimeter of the property. And so, we've all driven by people with survey equipment and there's, and then they put stakes in...

Jill K DeWit:

The tripod.

Steven Jack Butala:

Yeah, exactly. There's usually two people involved. One person's finding for it, and finding for it. And so, there's, and there's a lot of education, formal education that goes involved. The surveys have to go through formal education.

Jill K DeWit:

The school, right? Yeah. They have to...

Steven Jack Butala:

And a whole apprenticeship, and the whole thing.

Jill K DeWit:

Yeah. That's cool.

Steven Jack Butala:

And so, vast majority of surveys are just boundary surveys, are perimeter surveys, where here's the corner, here's the corner, here's the corner, here's the corner.

Jill K DeWit:

This is you.

Steven Jack Butala:

And your neighbors.

Jill K DeWit:

In here.

Steven Jack Butala:

And a lot. We all talk about lot lines, because we all have neighbors, and it's like 'that guy's on my lot.' So a perimeter survey, our regular boundary survey, will tell, will show that's either the case or not the case. We've just been through several surveys because we do minor splits.

This is a special kind of awesome survey, and if you Google it, I would encourage you to Google it. What you'll see is that regular perimeter boundary survey, and then inside of it, you'll see another shape with boundaries in it. And that is because the survey went and did the research at the county to find out what setbacks are, and what the, where you can put a structure. And it's very, very, very helpful. It's way beyond just the perimeter, because then it shows you, 'yeah, I can put a house or a building in this area', and this is, then the wheels start to turn about use and everything else, so. It doesn't cost that much more, and I would usually, if you're going to have to do surveys, or you're in the habit of doing surveys, I would ask for this in the future.

Jill K DeWit:

Hope you're not in the habit of doing surveys.

Steven Jack Butala:

Jill doesn't like surveys.

Jill K DeWit:

Hate them. Only if I have to.

Steven Jack Butala:

They're time-consuming and costly.

Jill K DeWit:

Cost.

Steven Jack Butala:

But.

Jill K DeWit:

And usually not necessary.

Steven Jack Butala:

When you minor split property, it's a, it's essential.

Jill K DeWit:

I understand. That makes sense.

Steven Jack Butala:

This isn't,