One Year Investor is Not a Veteran (LA 974)

Transcript:

Steven Butala:                   Steve and Jill here.

Jill DeWit:                            Good day.

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 being a one-year investor, a land investor, doesn't make you a veteran.

Jill DeWit:                            Exactly. So we'll help you with that.

Steven Butala:                   Before we get into it, though, let's take a question posted by one of our members on thelandinvestors.com online community. It's free.

Jill DeWit:                            Do you know I have three contacts in my eyes right now?

Steven Butala:                   What?

Jill DeWit:                            So if it gets a little blurry, I have a little trouble reading or focusing, this eye has one, this eye has two.

Steven Butala:                   What's that all about?

Jill DeWit:                            So here's what happened. Anyone who wears daily contacts knows how great they are/however they are so thin and so light. So you get them in, you get them out. Well, I went to take one out last night and I lost it. It's somewhere rolling around. I don't know where it is. I didn't want to dig. So this morning I got up and I gave it another quick look. Still couldn't find it, so it's like, well, here we go. So I popped another one in and I can kind of feel it. You wore contacts for a while, didn't you?

Steven Butala:                   I wore contacts for years and years and years and one day realized that I just don't care how I look and got glasses.

Jill DeWit:                            Got it. Well I love my contacts. So anyway, if I act a little weird on one eye, that's why. For those of you who are watching. Those of you who are listening are like okay, come on, Jill, move along.

Jill DeWit:                            Neil H. asks, "I'm closing on a property today through title with a hold open policy. First American title. Got it. I asked if they could record it quickly with the county, but there's no promise it will be. It may take two weeks or so to go through because it's a different department. Is there a reason I can't put it on the market today? The sale will close through First American title with the hold open. I don't believe there should be an issue marketing the property prior to being recorded. This is obviously on the buy side. Yeah, especially if everything went though a title and a deed has been signed, right? Thanks."

Jill DeWit:                            Okay. I have a few things to say. Yeah. First we're going to take a deep breath.

Steven Butala:                   Which one of us is going to blow our tops first?

Jill DeWit:                            I think you've been saving it up, Steven. I think you need the release more than I do this morning, so call me one eyed Jill and go right ahead.

Steven Butala:                   One eyed Jill.

Jill DeWit:                            ... It's all you.

Steven Butala:                   It occurred to me recently that there are two camps of real estate investors. Camp number one-

Jill DeWit:                            Oh no.

Steven Butala:                   Which is the camp Jill and I are in and most of the people in Land Academy are in, that understands completely and totally that they have control over a real estate deal and not only that, but probably everything else in their life. They can choose who they marry, they can choose-

Jill DeWit:                            Where they work.

Steven Butala:                   What type of car they drive, whether it's paid for or not, where they work.

Jill DeWit:                            Right.

Steven Butala:                   They can choose the exact date ...