Michigan Ave Finds Creative Uses For Data2DoorStep.com

Jack Butala: Michigan Ave Finds Creative Uses For Data2DoorStep.com. Every Single month we give away a property for free. It's super simple to qualify. Two simple steps. Leave us your feedback for this podcast on iTunes and number two, get the free ebook at landacademy.com, you don't even have to read it. Thanks for listening.

Jack Butala:

Jack Butala with Jill DeWit.

Jill DeWit:

Hi!

Jack Butala:

Welcome to our show. In this episode Jill and I talk about Michigan Avenue finds creative uses for Data2DoorStep.com. I'm digging this show already. Let's take a question before we get into it posted by one of our members on SuccessPlant.com, our free online community.

Jill DeWit:

Okay. John H wrote in and asked, "Does this work for wholesaling houses?"

Jack Butala:

One of our most popular questions right now.

Jill DeWit:

Love it.

Jack Butala:

The answer is, "Heck yes!"

Jill DeWit:

Mm-hmm (affirmative). Great use of that.

Jack Butala:

The name of our product, which is in the title today, Data2DoorStep.com is a collection of tools to help you buy undervalued property of any kind. It works for wholesaling houses and all kinds of stuff, everything from sky scrapers all the way down. That was a brief answer. I love when it's that short.

Jill DeWit:

Next.

Jack Butala:

If you have any questions. The only thing that's different is how you use the data and [inaudible 00:01:01] and what is actually the type of offers you send. For land, it's different, for houses, it's different. For sky scrapers, it's different.

Jill DeWit:

What I love about wholesaling houses is you can really dig in there and get real picky about the area, the size of the home, the size of the parcel, real specific things about the ... Maybe a loan to whatever value. Is there mortgage on there or not a mortgage on there? The data. I have a list now online where people can see the search criteria, which I love, so you can really filter out a lot, make sure you're getting exactly what you want to make an offer on.

Jack Butala:

What's awesome about houses is you can price it really accurately because the square footage is on there. If you've got a neighborhood that properties are selling for $125 a foot and you want to buy them for 80, you just multiply the square footage times 80 and it comes out to real specific numbers. It really increase your success percentage, we call it a yield, which is how many letters or offers you have to send out before you buy a property. Incidentally, for us, it's about 1,000 to buy a house, between 1,000 and 2,000. For land it's about 100, for every 100 offers you send out you buy 1. That's a cool question.

Jill DeWit:

That is a great question.

Jack Butala:

With a simple answer.

Jill DeWit:

It is.

Jack Butala:

Hey, if you have a question and you want to be on the show call 800-725-8816. Today's topic, Michigan Avenue finds creative uses for Data2DoorStep.com. People are reaching out to us. Michigan Avenue is like Wall Street for Chicago. We've been sending a lot of programs to Michigan Avenue, I think all our acquisition guys there are talking with each other. These are professional real estate investment trusts or professional acquisition people for apartments or any type of real estate long-term care that they specialize and they're using their ... Even the pros are finding some value in this, which I personally take ...

Jill DeWit:

We're pros!

Jack Butala:

I know! Take to heart. In face, people are contacting us to buy their property for them like developers. I'm excited about that.

Jill DeWit:

How many deals do you think it is, like for our people that are just starting out? How many deals do you think that they have to have before they can call themself a pro?

Jack Butala:

That's a great question.

Jill DeWit:

We're pushing 16,000.