Land Academy Deal Funding Explained (LA 901)
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 from sunny Southern California.
Steven Butala: Today, Jill and I talk about land, the Land Academy Deal Funding Explained.
Jill DeWit: Yup. I gotta ask, too, by the way. I did a little adjusting my hair here before. Did you keep that in the video? Did you keep that rolling?
Steven Butala: No.
Jill DeWit: Okay, God. I was making sure that wasn't gonna make final cut here or not.
Steven Butala: No. I should have though.
Jill DeWit: Sorry about that. I had to take a moment and, to have a hair moment.
Steven Butala: It seems like we're talking about Deal Funding a lot lately. And we are. And because it's just been a smash hit.
Jill DeWit: It is.
Steven Butala: If people are using it the way it's intended to be used, I think people are making a ton of money. If you submit a deal to us and for whatever reason, it doesn't fit our criteria, we're developing now a network of people, other people, that are funding deals in our community, that will get it done.
Jill DeWit: Exactly, yup.
Steven Butala: So [inaudible] on, I'm excited as heck about when stuff works.
Jill DeWit: Me too. I have more to say, but I'll save it.
Steven Butala: 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.
Jill DeWit: Okay. Abby asked, "Hi guys, I received a couple of signed offers for properties that have no access. Even though I priced them right and they're pretty cheap, I'm still hesitant to buy them. Does anyone have success at selling landlocked property? How do you market them? Obviously, I don't intend to hide anything in my property listing. Thanks."
Steven Butala: Yeah. I mean, we have a whole long history of success selling those types of property, and you'd be shocked at how many people love to buy property that doesn't have physical and/or legal access for a bunch of reasons.
Jill DeWit: And a lot of them are legal.
Steven Butala: Yeah.
Jill DeWit: Legit, not just running from the law.
Steven Butala: One of the reasons, and I think one of the best reasons, is to buy property because it's so cheap. But then they don't get access.
Jill DeWit: That's true.
Steven Butala: Maybe a neighboring property owner has the means to give access to this landlocked property. They're rezoned property already. So it's a huge bargain for him. And then he gets it accessed, so. There's a whole business model in getting access to properties that don't already have it. And a lot of our members do that.
Number two, you'd be shocked and amazed at how many people use the property, and they don't want it to have access.
Jill DeWit: Yeah, they don't want to drive up road. They like to be out there bidding a little bit. They want the privacy.
Steven Butala: But you nailed it.