Jack Thursday - Put Your Head Down and Do It (LA 1841)
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. I'm going to talk about putting your head down and just doing it.
Jill K DeWit:
Sounds like a Jill Friday topic. You think I'm kidding?
Steven Jack Butala:
Does it?
Jill K DeWit:
Yeah.
Steven Jack Butala:
Sometimes we trade off. I don't know what Jill Friday is tomorrow, but I think it's a little bit less spiritual.
Jill K DeWit:
I already forgot. Yeah. I want to hear you. I want to hear the inspirational Jack come out.
Steven Jack Butala:
We all have stuff we have started and not finished, or we've all started stuff. And it's like, yeah, this is a mistake.
Jill K DeWit:
I lose interest, I don't like it. It gets harder.
Steven Jack Butala:
So if you deconstruct that, I'm going to get into this in a lot of detail. If you deconstruct it and find out why, it's really just about one thing. Before we get into it, let's take a question posted by one of our members on the landinvestors.com online community. It's free. Please don't forget to subscribe on The Land Academy YouTube channel. Comment on the shows you like.
Jill K DeWit:
Dan wrote,
"I have a 10 acre forested property under contract, which has a cabin on it. The forest zoning does not allow any structures. I do see the county sent a letter of non-compliance from 10 years ago, informing them that they needed to remove the structures. It looks like they removed all the structures but the cabin. It's pretty nice and surrounded by logging company land and has physical and legal access. My question is this, knowing the cabin's not in compliance with the zoning would this cause issues if I sell through a broker? I'm assuming, yes, that I'd be better off selling myself off the market and not attract any attention from some overzealous compliance officer at the county. Just want to know if anyone else has dealt with this."
Steven Jack Butala:
This is a ask for permission or ask for forgiveness kind of question. And I can safely say that Jill and I are on the same page about this.
Jill K DeWit:
Yep.
Steven Jack Butala:
We ask for forgiveness.
Jill K DeWit:
Correct.
Steven Jack Butala:
I would post it. I would say there's a cabin here. Unfortunately, now you know it's out of compliance. So you really ethically should disclose this, which is fine. Not sure I would disclose it to the real estate agent, but I would before the property, whoever buys it, I would say you would have to disclose it in escrow or whatever. Maybe you want to disclose it right up front. Hey, there's great cabin here, but it needs to be moved.
Jill K DeWit:
It's going to be in the pictures.
Steven Jack Butala:
And honestly, if you are a legal compliance type of person, one second, Jill, you're probably going to have to move this, but go for it.
Jill K DeWit:
Here's a thought. What if you make a phone call to the county, find out the cost and the time and the process, one phone call and see how much it is to change the zoning, to allow the cabin. And you could put that in your posting, like, hey FYI, I'm not doing it, but I found out it takes six months, a thousand dollars and you have to do this and this. And then you have a good chance of getting it rezoned so you can keep the cabin.
Steven Jack Butala:
So, Jill's right. You have a lot of options here, which is good. It's always good to have more options than less. And this is a huge attribute versus just buying a piece of regular land, I think. Maybe it's a shed, maybe you call the county and say, I know you have this housing, primary residence or residence compliance thing with this, but we're just using that as a shed.
Jill K DeWit:
Yeah. No one's living there.