Working Full Time, Parenting Small Kids AND Killing It with Land Academy Member Nathan Cheung (LA 1795)

Transcript:

Steven Jack Butala:

Yeah. Steven and Jill here.

Jill K DeWit:

Hello.

Steven Jack Butala:

Welcome to the Land Academy Show, entertaining land investment talk.

Jill K DeWit:

And I'm Jill DeWit, broadcasting from the Valley of the Sun.

Steven Jack Butala:

Today we have Nathan Cheung, current Career Path member. I've got a ton of questions for him. First and foremost, how are you finding Career Path, and what led you to the point of making the decision to join us?

Nathan Cheung:

Yeah, well, first I just want to say thanks for having me on. I've been listening to the podcast for a long time, probably since 2019. When I first listened to it, I probably started with episode 100, or something, and just rolled all the way back. I had a really long commute.

Jill K DeWit:

Wow.

Nathan Cheung:

So, a little surreal to be talking live, but just-

Jill K DeWit:

Outside of Career Path.

Nathan Cheung:

Yep. Yep. That's right, outside of Career Path. I think I'm the fourth cohort of Career Path. I was really interested in joining one, two and three, but I actually work full time. I've got two young kids, so I think before, it was on Wednesdays or Thursdays, so that was... It was going to be hard to explain to my boss what I was doing.

Jill K DeWit:

Why are you taking these four hour lunch breaks every Wednesday? I don't know.

Nathan Cheung:

Yeah. But as soon as you guys offered it for Saturday, I just jumped all over it. I asked my wife, almost sheepishly, "Hey, there's... Land Academy is doing Career Path on Saturday." To my surprise, she didn't even flinch. She just said, "Do it. Go for it." She watches the kids while I do it. I hide out. They don't even know I'm around. It's been awesome. Yeah.

Jill K DeWit:

Good.

Steven Jack Butala:

What do you do in real life? What's your [inaudible 00:06:23] job?

Nathan Cheung:

Yeah, so my background, I'm actually a pharmacist.

Jill K DeWit:

Okay.

Nathan Cheung:

So no real background in real estate or entrepreneurship, but caught the bug a few years ago. Long story short, I'm here now. I'm still working full time, but kind of... I'm really doing both.

Steven Jack Butala:

We interviewed Dan Smart, who was... He's a pharmacist with his wife. I don't know if it aired yet. If it didn't, it's going to air next week.

Jill K DeWit:

Brainy people travel in our group. That's the whole underlying theme here. I'm going to say, it's definitely because of you. It's not because of me. I don't think I draw in the brainy people. So, that's funny.

Steven Jack Butala:

We have a really good friend, he's from Iowa. He's retired and he is got... He created from the ground up, this very successful contracting business that specializes in grain elevators for farming. He told this joke recently to us, and we were all on the floor about checking out a pharmacist with a couple of packages of bacon and his cholesterol medicine, over here. I'm sure you've seen it all.

Nathan Cheung:

Yep.

Jill K DeWit:

That's good. Okay, so 2019 you found us. Do you remember when you joined Land Academy?

Nathan Cheung:

Yeah, middle of 2019.

Jill K DeWit:

Okay.

Nathan Cheung:

I didn't really know what I was doing yet, still kind of getting my first couple deals under my belt. Actually went to the live event, the last one in Hermosa Beach, so that was, that was huge for me, just kind of hearing what the other members did. I remember specifically, I want to say Matt Rogers, kind of hearing him speak, hearing some of the other advanced members talking, just thinking, "Wow, this is possible." It seemed really far away from me at the time, but realizing that it was possible, I think that kind of helped catapult me a little bit. It's like each step of another mental barrier to level up, and to level up, and to level up.

Steven Jack Butala:

Someone told me a really long time ago that if you're a real entrepreneur,

3 Topics from the Advanced Member Discord Channel (LA 1794)

Transcript:

Steven Jack Butala:

Steve and Jill here. 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 this sun.

Steven Jack Butala:

Today, Jill and I talk about three topics from the Advanced Member Discord channel.

Jill K DeWit:

Okay, let's back up.

Steven Jack Butala:

How do you get to be an advanced member?

Jill K DeWit:

What the heck are we talking about? All right, so within Land Academy, we have an elite group of people who are doing deals like us. Volume wise, dollar amount wise, we're kind of all doing similar things, or they're pretty darn close and they're trying to get to our level. So we, a long time ago, handpicked people. We could tell... We would go back and look at who's sending the mail out, and who's sending the volume of mail, basically through our company. We could tell, and know two of them, and we would hand pick people and ask them.

Since then, now everyone comes from Career Path. We do have some grandfathered in people that were handpicked, and even those people though have already gone through Career Path, anyway. They're like, "I need Career Path, to make it even better." So, that's where they come from. Then we have our own monthly meeting, we have our own Discord channel, because we're talking about some really high level stuff, and we're going to share a little bit of that today.

Steven Jack Butala:

That's right. Career Path graduates are the advanced members. Before we get into it, let's take a question posted by one of the members on the landinvestors.com online community. It's free. I hope you know by now, Jill and I started and successfully operate a full blown commercial printing company to get your offers in the mail. It's called offers2owners.com. We set it up several years ago out of our own frustration with a regular commercial printing industry. Fast forward to today. We do between 700,000 and a million offers a month on behalf of our members and non-members. I should add, if you're sending out more than about 5000 letters a month, it's more efficient cost wise for you to be become Land Academy member.

Jill K DeWit:

Yep.

Steven Jack Butala:

Contact [email protected] or if you're trying to get a mailer done, [email protected].

Jill K DeWit:

Thank you. So Dan S wrote: "Okay, here's my summer intern update. So the computer science kid decided to work minimum wage at a sports retail shop instead of learning data and pricing." Yeah, that happens. "The mechanical engineer student is about to be onboarded to do data." That's good. "Land is not sexy, so I guess it takes a certain type of person." That's hilarious. I think land is sexy. I'm going to argue land's sexy, but I understand.

Steven Jack Butala:

I don't think land's sexy, but it's awesome.

Jill K DeWit:

Okay, you're right.

Steven Jack Butala:

... and profitable.

Jill K DeWit:

Well, you know what? Land's pretty to stand on. Your bank balance is sexy.

Steven Jack Butala:

Yeah.

Jill K DeWit:

There we go.

Steven Jack Butala:

Well said. What's a sexy business, anyway? I'm not sure you want to be in that.

Jill K DeWit:

What is a sexy business? I guess fashion?

Steven Jack Butala:

Yacht brokerage?

Jill K DeWit:

That's sexy.

Steven Jack Butala:

I don't know if it's profitable.

Jill K DeWit:

That'd be a lot of work though.

Steven Jack Butala:

Yeah.

Jill K DeWit:

I don't want to do that.

Steven Jack Butala:

You got to deal with personalities that are... They think they're better than everyone. I just think... I don't know. I think sexy and money making are separate. You make a lot of money, and then do sexy stuff.

Jill K DeWit:

Do you know where it gets confusing? It's those shows on TV where they're all hot blondes. There's 20 hot blondes, supermodels that work in a real estate office in L.A. I'm not kidding.

5 Ways Land Academy Members are Over Pricing Mailers (LA 1793)

Transcript:

Steven Jack Butala:

Steven 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 K DeWit broadcasting from the valley of the sun.

Steven Jack Butala:

I wonder how many people fast forward all through that right there.

Jill K DeWit:

I know.

Steven Jack Butala:

I would.

Jill K DeWit:

I don't know. You notice my hat? I'm like already in vacation mode.

Steven Jack Butala:

Today, Jill and I are talking about five ways, Land Academy members are overpricing mailers.

Jill K DeWit:

So here's [inaudible 00:00:27].

Steven Jack Butala:

Last week was our vacation by the way.

Jill K DeWit:

Oh, we're back. Well, no, [inaudible 00:00:32] I'm still traveling.

Steven Jack Butala:

We're still in Santa Barbara, we're in Santa Barbara now.

Jill K DeWit:

Okay. I don't know what [inaudible 00:00:40] don't ask me. [inaudible 00:00:41]

Steven Jack Butala:

Yeah. Jill just the talent. She's like, [inaudible 00:00:44].

Jill K DeWit:

Thanks.

Steven Jack Butala:

She's one of those people that [inaudible 00:00:46].

Jill K DeWit:

I wish I could [inaudible 00:00:47].

Steven Jack Butala:

[inaudible 00:00:47] Has her name in the back of the chair.

Jill K DeWit:

That would be nice to just sit down and they do my hair and my makeup. Clearly I do my own hair and my own makeup. I don't get that perk.

Steven Jack Butala:

Before, we get into it. Let's take a question posted by one of our members on the landinvestors.com online community. And I should say, please listen to this. We are phasing out Real Quest for our community, the Land Academy community. I have a little, I get misty every time I talk about this, because Real Quest is honestly the reason that I started this whole entire company and it's just become obsolete in the contract that they're asking us to sign in this next renewal period is an absolute outrage and [inaudible 00:01:26]

Jill K DeWit:

Not even the money. It's the [inaudible 00:01:28]

Steven Jack Butala:

The real reason is that DataTree's so much better.

Jill K DeWit:

Yeah.

Steven Jack Butala:

Everybody loves DataTree, me included. I haven't logged onto Real Quest in over a year and a half. I just looked.

Jill K DeWit:

Isn't that funny, me too. I don't even go there.

Steven Jack Butala:

Jill and I personally instruct a handful of Land Academy members or non-members in a live class called Career Path. If you want this to be your career or it is your career, please take a look at Career Path and let us know, [email protected]

Jill K DeWit:

Hold please. Leonard wrote answering Evan B's question. Interesting. I guess we're going to figure this out as I go through it.

Steven Jack Butala:

Yes we are.

Jill K DeWit:

Okay. "It's hard to assess why particular campaign worked or not. There's a certain degree of chance. You obviously improve your odds with more mail and also diversifying areas. We don't know where you are mailing or your pricing. Hotter markets tend to have a lower response in my experience."

Steven Jack Butala:

Exactly.

Jill K DeWit:

"But you can make a big margin, if you get something."

Steven Jack Butala:

If you hit one there.

Jill K DeWit:

"Maybe you need to consider more rural areas, which you might get a deal easier, albeit this might make the sales potentially slower. I've had differences in mailers and I've just replicated the exact same pricing in comparable areas. And then it didn't work. So when I started almost three years ago, we sent out three mailers, 4,000 units. And before we got three lots from our last 200 unit mailer. What I would do is look up like 50 of your offers and do a, would you do this deal analysis, this ties into today. And then maybe even book a call with Kevin before you send your next mailer. Keep in mind the mailers only part of it.

How to Stay Motivated by Jill (ReAir LA 934)

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 how to stay motivated, by Jill.

Jill DeWit:                            You know what’s funny about this today? I’m not feeling very motivated.

Steven Butala:                   What?

Jill DeWit:                            We’ve been traveling. It’s been busy.

Steven Butala:                   I have never seen you not motivated.

Jill DeWit:                            Oh, thank you.

Steven Butala:                   I’ve never seen you not with a ball of energy unless you’re like dead asleep.

Jill DeWit:                            Well, you know why? Here’s the truth. I am internally, right now, a little bit … I’ve had a lot going on. I’ve been traveling. I’ve been a little sick, I will share, so I’m not my best. But you know what? I rally. I guess that’s what today’s about. I’m going to help other people. I get it. I know it and there’s lots of days I feel like poop, but I’m here anyway.

Steven Butala:                   Man, you hide it well.

Jill DeWit:                            Thank you. Well, and I can help you. Hey, wait. Before we get into it too, by the way, I want to say one quick thing since I’m just apparently taking over the show and it’s kind of about me today anyway …

Steven Butala:                   Staying motivated is not what I’m going to talk about today. It’s perfect.

Jill DeWit:                            Uh oh. You’re going to talk about ways that you try to mess with me?

Steven Butala:                   I’m going to talk about taking on a partner who’s really motivated if that’s not what you are.

Jill DeWit:                            Oh. I got it.

Steven Butala:                   Then I don’t have to stay motivated.

Jill DeWit:                            Got it.

Steven Butala:                   I can stay in a dark hole and do data stuff.

Jill DeWit:                            Yes you can. But here’s what I want to share real quick because this is super, super, super important for everyone listening. From now until Friday, you can save 10% on your entire order through Offers To Owners.

Steven Butala:                   Oh.

Jill DeWit:                            Right?

Steven Butala:                   That’s brilliant.

Jill DeWit:                            I’m reading this verbatim from my team and they are awesome. If you’ve been waiting to send mail, this is your chance. If you know us, by the way, you know what we’re all about. Sending out mail, getting offers in the mail to get there first and get these properties cheap. If you’ve already sent mail, this is still your chance. The coupon code is available to everyone, so it’s not just new people. It’s members as well. Visit OffersToOwners.Com and use the code MarchMail, so altogether, MarchMail, at checkout. More details are on the site. Thank you for that public service announcement.

Steven Butala:                   What made you guys decide to give everybody a break? I know it too well because I look at the numbers, you know? They go up every month.

Jill DeWit:                            You know, honestly …

Steven Butala:                   This whole company’s a nonprofit entity, you know what? I have to express some concern once in awhile.

Jill DeWit:                            That’s true. 10% off of what? I know. Well, I have to be honest with you, Steven, our team right now is taking over some departments by design. They just actually now just hand me things and say, “Read this. This is what we’re doing right now.” I think it’s the greatest thing ever.

Leave Your Land Alone (ReAir LA 785)

Transcript:

Steven Butala:                   ... Jill here.

Jill DeWit:                            Hi.

Steven Butala:                   Sorry, hi, Steve & Jill. 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 leaving your land alone. We've been talking about her all week.

Jill DeWit:                            There's a lot of things I'd like to ... just leave it alone. I feel like I say it a lot.

Steven Butala:                   Yeah, why do we as people have to mess with stuff, you know?

Jill DeWit:                            That's true, and get our hands all up in everything. Leave it alone.

Steven Butala:                   I bet that's been going on since the beginning of time.

Jill DeWit:                            I'm sure it has.

Steven Butala:                   I more than anybody love the concept of messing with stuff to improve it, or constantly moving forward, or you know-

Jill DeWit:                            It's true.

Steven Butala:                   For me it's all data driving. Finding better ways to analyze data to make decisions and stuff.

Jill DeWit:                            That's true.

Steven Butala:                   But actually physically changing a property, like a contractor does or a developer does, and I understand all that, too. The world needs people like that, for sure.

Jill DeWit:                            There's a ton-

Steven Butala:                   I'm just not one of those people and I think if you're gonna maximize money, you know, for us at this level, there's no better way for us to maximize money than what we do.

Jill DeWit:                            I agree.

Steven Butala:                   You know-

Jill DeWit:                            I was gonna say, the whole point to me about leaving it alone is you already won, so why mess with it? You bought it at the right price, that's when you know. You should buy these assets knowing that if I do nothing, it's just gonna be fine.

Steven Butala:                   We're all in the business of creating equity, right? You know what, before we get into it, lets take a question from one of the members in the Land Ambassadors online community, it's free.

Jill DeWit:                            Brandon asks, "In our last mailer campaign, I suppose some properties zoned for multi-family were included and someone just signed an offer and sent it back-"

Steven Butala:                   Good.

Jill DeWit:                            "... to buy their multi-family zoned vacant land in a city for 8 grand."

Steven Butala:                   That's what we're in the business here for.

Jill DeWit:                            What?

Steven Butala:                   I love how this is going.

Jill DeWit:                            "The property across the street, also vacant, is asking $50,000. The market in this area is fairly hot and we've sold property in this subdivision before, but not multi-family.”

Steven Butala:                   This is good stuff.

Jill DeWit:                            "However, the town is currently embroiled in a lawsuit against the city or department of water resources over the prohibition of drilling new wells. I'm quite certain, though, based on city planning maps, that this property has access to public water lines. I've called the water company several times in the past, but they're never helpful with vacant land.” No kidding.

Jill DeWit:                            “They won't tell me if they service a particular area. Only if they service an address that already has a house on it. So my question is, is this a run to the bank situation?”

Steven Butala:                   Yes.

Jill DeWit:                            "Or are there troubles buying mul...

Member Andy Barnhart Shares Land Academy Success Stories (ReAir LA 996)

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 with member Andy Barnhart, who shares his Land Academy success stories. But, before we get into it I have a simple question. Andy, you're sitting right there in that seat. How did you get there? Tell us your story and tell us how you chose Land Academy, and if it's working for you.

Andy Barnhart:                  Yeah, hello. I'll go way back to when I was a child and my dad was a farmer, a dairy farmer. He would try to grow his operation and buy more land, so he would show me plat maps when I was... So, I was looking at plat maps when I was eight years old. He's like, "Oh, we own this 80 acres, and I'm going to buy this 80, and I'd love to have-" he always wanted a section of land. That was his goal. I knew what a section was, and a quarter and a half section at a young age. After college, I got a job-

Steven Butala:                   I have to explain to everybody what a section is. A section is a square mile, and it's 640 acres. A half section is 320, and a quarter section is half of that.

Jill DeWit:                            160.

Steven Butala:                   160, and on, and on, and on.

Andy Barnhart:                  Yep.

Steven Butala:                   Anyway, go ahead. So, you're in college.

Andy Barnhart:                  So yeah, I got through college and I got my first job as an Auditor with the US Department of Agriculture with the Dairy Division. I went right in on my first day, and I had learned Excel and everything in college, and thought I was a whiz kid. Then I get into the government organization that I was hired with, and literally some older guys didn't even have a computer on their desk. They refused to work with a computer. All the programs were written in Lotus 123. So, it was like stepping back in time 30 years.

Andy Barnhart:                  I was there 10 years, and we converted everything to Excel and all the reports and everything. So, I was very comfortable with... I had the agriculture background, I have Excel background, I have an auditing background. Then yeah, I bought the realtor courses and took all of the courses to become a realtor. I thought that's something I'm interested in, and then got to the end. I did all of the education and got to the end, and I think at that time is when I found your podcast. You guys were, as you are today, dealing with realtors and [inaudible 00:03:22].

Andy Barnhart:                  You guys have never shied away from talking trash on realtors, so it made me think, "Well, do I really want to be a realtor?" So, I never went to take the test, and then that's when I bought the programs in 2016. Yeah, that's how I got here. I'm in my third year, and yeah still-

Steven Butala:                   Is it working? Have you done a bunch of deals? I guess, you're on the show so hopefully some of it's working.

Andy Barnhart:                  Yeah, yeah I didn't start out of the gate with a bang. I was skeptical, and I took it really slow. I wrote down my numbers. The first year, 2017, I did 19 deals, and I still had some other jobs going on, some part-time things. The revenue that year was $62,000.00-

Steven Butala:                   Awesome.

Andy Barnhart:                  And then so last year- and I was still doing this all on my own. I did last year 184 deals completed, and then the revenue was $343,000.00. Yeah, I was like, "Yeah, this is-"

Jill DeWit:                            I'm in.

Andy Barnhart:                  I'm in. I'm not a skeptic anymore.

Best Time to Start In Real Estate Investing (ReAir CFFL 445)

Transcript:

If you enjoyed the podcast, please review it in Apple Podcasts . Reviews are incredibly important for rankings on Apple Podcasts. My staff and I read each and every one.

If you have any questions or comments, please feel free to email me directly at [email protected].

The BuWit Family of Companies include:

https://BuWit.com

https://offers2owners.com

https://landinvestors.com

https://landacademy.com

https://landpin.com

https://parcelfact.com

https://countywise.com

https://deedperfect.com

https://ownersdata.com

https://houseacademy.com

I would like to think it’s entertaining and informative and in the end profitable.

And finally, don’t forget to subscribe to the show on Apple Podcasts.

Removing Risk from Your REI Career (ReAir CFFL 0207)

Transcript:

Jack Butala:                         Jack Butala for Land Academy. Welcome to our Cash Flow From Land show. In this episode, Jill and I talk about removing risk from your REI career. Great show today, Jill. Before we start, let's hear some funny stuff.

Jill DeWit:                            It's interesting that I am still surprised by the things that come out of your blog sometimes, Jack. What were you checking for titles today?

Jack Butala:                         What?

Jill DeWit:                            I'm not sure those will pass the ...

Jack Butala:                         My gosh.

Jill DeWit:                            Who's in charge of when you write a blog and you title ... Is there an FCC? Who's in charge of that kind of thing? I happen to,

Jack Butala:                         You mean the boredom-

Jill DeWit:                            ... catch you.

Jack Butala:                         The boredom factor?

Jill DeWit:                            No, no, no, no. I caught the ... I was lucky enough to sit in on your marketing meeting today. You guys are running through some title checker thing which I thought was really cool. I was just a little surprised by how far south you two took it looking for titles is what I'm trying to say.

Jack Butala:                         What did you hear?

Jill DeWit:                            I heard things like strippers. I heard things like how horrible it is to be Italian.

Jack Butala:                         It's not horrible to be Italian. It's great to be Italian.

Jill DeWit:                            No, wait. Not horrible, but what was the word? Shucks, I forgot what the terminology was.

Jack Butala:                         Italian people, at times, communicate through yelling. I'm softening it for the show.

Jill DeWit:                            You were working on something like a blog title and print titles. That's what I caught. I was just like ... I can't believe I'm still surprised by what you guys come up with.

Jack Butala:                         I'm having trouble being Italian. That was one of them.

Jill DeWit:                            There you go. It was really funny. All good.

Jack Butala:                         Yeah, that is some funny stuff that we heard today.

Jill DeWit:                            Yes.

Jack Butala:                         Boy, if I knew that was the topic, I would have some [insane 00:01:40] one-liners. Anyway, let's take a question-

Jill DeWit:                            That's why you don't know what's coming until I get to say that.

Jack Butala:                         Let's take a question posted by one of our members on successplant.com, our free online community.

Jill DeWit:                            Okay. Kyle says, "I'm just getting started in pulling my first list from Agent Pro. For property type, do I select agricultural/rural or residential vacant land?" Do you want to back up?

Jack Butala:                         Can you take a crack at answering that?

Jill DeWit:                            Well, I would like to back up and ask, if you would, Jack, explain what he's trying to do here for people that might be just joining in.

Jack Butala:                         Yeah. There's lots of places to go get data. Most of them are ... Well, some of them are very credible. What you want to make sure about any data that you pull is a couple of things. One that it's fresh because properties get bought and sold all the time. If you have a database or a list ... If you're not accessing a database, chances are you have a list. A list can be old. It could be 20 years old, two years old, one year old. We don't know. It could be from yesterday. You want fresh data. The best way to do that is to access the database.

Jack Butala:                         Number two, you want that database for all product types, not just land,

Jill Friday - 8 Hours a Day on the Phone (LA 1792)

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 is Jill Friday, and she's going to talk about eight hours a day on the phone.

Jill K DeWit:

You know what? For some people that is horror, right? Some people are like, "Oh, please don't make me do that. I'll do anything. I'll flip burgers."

Steven Jack Butala:

That's me.

Jill K DeWit:

"Don't make me be on the phone." And you know what? For other people, eight hours isn't enough, I'd spend 10.

Steven Jack 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 K DeWit:

Herbert wrote... is it Herber or Herbert?

Steven Jack Butala:

Probably Herber.

Jill K DeWit:

Okay. We're going to go with Herbert. Herbert wrote-

Steven Jack Butala:

Whoever did the script makes a lot of mistakes, don't they?

Jill K DeWit:

Yeah, I tell you. There's lots of little holes here. Thank goodness we're professional, we can piece this together.

Steven Jack Butala:

You know what I was thinking in the podcast, you know movie credits?

Jill K DeWit:

Yeah.

Steven Jack Butala:

It's like, key grip director, all of that, so if I ever do credits, this is what it's going to say, "Written by Stephen Jack Butala. Produced by Stephen Jack Butala. Starring Stephen Jack Butala, and sort of Jill Dewit.

Jill K DeWit:

Oh, thanks.

Steven Jack Butala:

Produced by... And on and on and on, it's just me. All of it. Post-production, Steven Jack Butala.

Jill K DeWit:

Mistakes by Steven Jack Butala.

Steven Jack Butala:

Yeah, mistakes by... Imperfections and terribleness, Steven Jack Butala.

Jill K DeWit:

Steven Jack Butala. Here we go, okay, Herbert wrote, "Hey, have any of you guys helped a seller pay for their probate costs if they couldn't afford it to get the deal done, assuming the numbers make sense? If so, how'd you go about it?" I'd be open to this.

Steven Jack Butala:

This is a great idea.

Jill K DeWit:

I would totally be open to this. I'm trying to think...

Steven Jack Butala:

Before Jill launches why with the story, here's why. Because the next person, if you say no, they're not going to go do a probate themselves.

Jill K DeWit:

No.

Steven Jack Butala:

The next person that buys it, or next person that says, "Hey, I want to buy your property." They're going to have to go through it anyway. Somebody's got to do it, or the asset's going to go back to the taxing authority.

Jill K DeWit:

No one will get it. Then nobody's happy, and now we're back to negative attention.

Steven Jack Butala:

You like that, don't you?

Jill K DeWit:

Yeah. I'm going to use this all day now.

Steven Jack Butala:

You're right. We didn't talk about it. Children are packed full of negative attention.

Jill K DeWit:

Oh God! Yes.

Steven Jack Butala:

They don't get what they want, they'll do anything, they'll take a bowl of spaghetti and throw it at the door.

Jill K DeWit:

You know what's funny about that? Back to the negative attention show, we didn't even cover this part. How many people come to you? We had a person reach out to you personally in discord, not that they wanted, then come to my team, still not get there, then they get to me and I'm like, "This is stupid, you're pitting mom and dad against each other. Don't do that." By the way, don't be that negative attention guy. Thank you. Now I'm done.

Steven Jack Butala:

Vast majority of the people in Land Academy who come to us already being successful at something else in their life, whether it's a business, and they sold it, or they're a successful mechanical engineer for aerospace company or whatever, we just never hear from them, and then they join career path and it's like, "Oh yeah,

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,