Life Restarts When You Leave (LA 1273)

Steven Butala:

Steve and Jill here.

Jill DeWit:

Happy Friday.

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 Life Restarts When You Leave.

Jill DeWit:

It's funny. When I saw the title, I wrote it down. I wrote, Life Starts When You Leave.

Steven Butala:

It's the same thing.

Jill DeWit:

I know.

Steven Butala:

That could have been the title, actually.

Jill DeWit:

Yeah. Or like, restart? No, no. Sometimes life just starts. Sometimes you're in a bad situation for years, maybe decades.

Steven Butala:

Yeah.

Jill DeWit:

Yeah.

Steven Butala:

Maybe it's-

Jill DeWit:

Maybe it's your childhood.

Steven Butala:

And maybe it's your whole life, and it just never got restarted.

Jill DeWit:

Maybe. And now life starts.

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:

Cupid Gave Up On Me wrote, this also goes onto the life starts when you leave [inaudible 00:00:00:57], "I was offered to purchase a property in Southern Colorado that is rural, heavily-treed, and very pretty. But when I was looking into it, I see it's classified as range land. I'm unfamiliar with this type of property. It's confusing, since a lot of it is forest. I tried looking it up on the county, but I can't seem to find any information as to what this means to me, as a possible investor. Is this a red flag for anyone? I'm thinking if I bought it, would I have a hard time selling it, because the buyer would be limited in its use."

Steven Butala:

You want to go first?

Jill DeWit:

Okay. We have two options. The way I see this, one is, and I personally might do a little more digging, because I always want to know what's possible with a property. Can I put a mobile on it? Can I put a camper on it? And looking at it online, I can see if there's a buildable spot. Are there things around there? There's things that I can do. So I don't want to dig too deep, because my time is really valuable. But I am going to dig a little bit further and just, again, find out what's possible.

Jill DeWit:

My other thoughts are, if I hit roadblock after roadblock after roadblock, where I can't find out, can I put a mobile on there? Can I do this? Can I do that? It's just so many confusing things. Then I would probably offer a crazy low price, then if they say yes, I have to buy it, and I don't really care at this point, because I know I can do something with it at that price.

Jill DeWit:

I'm passing the baton.

Steven Butala:

Yeah. I mean, I'm going to say, the data version, but the answer is still the same as Jill's. So she's got issues with, in quotes, range land. So to some extent, well, to every extent, you can control this by how you send out offers. And in the House group, we send out info lots, or maybe in the Land group too. We all know that houses aren't going to be built on these info lots. We do it. That's how we do the mailer. So we know what the use is when offers come back. She did, as I do, in a mailer, sent out a parameter, she built a parameter, either in Real Quest or DataTree, and sent everybody an offer, regardless of use. Or let's say-

Jill DeWit:

So Cupid, so this is a girl?

Steven Butala:

Yeah.

Jill DeWit:

Okay. Thank you.

Steven Butala:

Yeah, for sure.

Jill DeWit:

Okay.

Steven Butala:

Well, the picture is.

Jill DeWit:

Oh, I didn't know that. Okay.

Steven Butala:

And she's not a member.

Jill DeWit:

I thought you were talking about, for some reason, I think you said she, I thought you meant me.

Steven Butala:

No, no.

Jill DeWit:

No, you meant the writer. Okay, good.

Steven Butala:

So you can control the types of offers that come back, but why? Why not send it to all the uses that are acceptable,