LandFunding.com is Live (LA 1581)

Transcript:

Steven J Butala:

Steve and Jill here.

Jill DeWit:

Howdy.

Steven J 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, Scottsdale, Arizona.

Steven J Butala:

Today, Jill and I talk about landfunding.com and how it's now live.

Jill DeWit:

I'm excited. This is so cool.

Steven J Butala:

You do not need money to be a successful land investor.

Jill DeWit:

What? Isn't that amazing. So many people, that's it. Getting into real estate of any kind, the barrier to entry for some people is like, I just don't have the money. I guess, I can't do it. I can't be like those cool HGTV people. Are you cool Land Academy people.

Steven J Butala:

People ask me, why would you ever start something like Land Academy and share all these secrets, when you had this perfectly awesome scenario going, and you guys are just traveling down, making millions of dollars a month? Here's why, limitless capital. And that's what Land Academy has provided, not only for us, now for everyone.

Steven J Butala:

Money people come out of the woodwork, including us and fund our stuff, and so we are those people. 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. And if you're already a Land Academy member, please join us on Discord.

Jill DeWit:

James wrote, "I have a dilemma that I'd like to get feedback on. Try to be brief and concise. I listed a small value property with an agent about a month ago. He expects it to sell in three to six months at a net profit that I'm happy with. Much longer timeframe than I like now, but he's an old school cowboy, who has worked vacant land in this area for decades. Ultimately, I bring him volume, then move on to the next deal, wait for the money to return, and it frees up a lot of my time since he takes on the sales and the marketing."

Jill DeWit:

"Communications so far has been, meh, but looking over his track record, I'm inclined to believe him. Received an offer today that I'm happy to take, but was from a pre-agent listing. And I would have to get the agent to cancel the contract." I don't know what that is. So someone today or long-term relationship to sell more at a slower pace. Oh, I see what it was. He listed it with somebody else and now he has this guy.

Steven J Butala:

Now, he's got the cowboy.

Jill DeWit:

So then the old guy found one. Oh, okay. Okay. "I'm not sure if I'm being patient or practical. Thank you for advance. Need to get this out of my head and get different perspectives."

Steven J Butala:

You go first.

Jill DeWit:

Okay. Wait. So I'm trying to understand this.

Steven J Butala:

He had it listed with somebody with a beehive hairdo from the 50s and little cat eyeglasses.

Jill DeWit:

And that expired.

Steven J Butala:

That expired.

Jill DeWit:

And now he found a new guy.

Steven J Butala:

They dropped the ball. He got the right guy, the cowboy. Okay. And the beehive hairdo person produced an offer.

Jill DeWit:

Oh, well, the right thing to do is, shoot. The right thing to do is, the guy that he has a contract with now. The beehive doesn't really have a leg to stand on. You got to do the right thing.

Steven J Butala:

I know what I would do.

Jill DeWit:

And I wouldn't want to risk.

Steven J Butala:

I would never cut this cowboy out.

Jill DeWit:

Yeah, that's what I'm saying. I don't want to risk that guy, losing him.

Steven J Butala:

Yep, me too. Long-term, I choose B, long-term relationship.

Jill DeWit:

You need to talk to him and come and say, what do you guys usually do in this situation? That's what I would say. You knew that I had it with somebody else. That contract expired. Here we are. What's the protocol?

Steven J Butala:

I'm pretty sure if he'd just contractually read it, everyone needs to get paid.

Jill DeWit:

And then they'd probably have to split it.