So You Have Completed 1000 Deals Now What (LA 746)

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 am Jill DeWit, broadcasting from sunny Southern California.

Steven Butala:                   Today Jill and I talk about "So You've Completed 1,000 Deals, Now What?" In fact, that's the theme for this week. You've completed 1,000 deals, now what.

Jill DeWit:                            You know-

Steven Butala:                   Here's the truth of the matter, Jill. If you've completed 1,000 deals, and we have a lot of people in our group who have, we certainly have, you're probably not listening to this.

Jill DeWit:                            Ha.

Steven Butala:                   You're done.

Jill DeWit:                            Yeah.

Steven Butala:                   You're done with us.

Jill DeWit:                            You're done with us.

Steven Butala:                   All you do is you maintain your membership with us probably because ... well for sure because you need-

Jill DeWit:                            You need the tools.

Steven Butala:                   You need the tools, and specifically, access to the cheapest, best data on the planet-

Jill DeWit:                            And you're sending mail.

Steven Butala:                   And printing. Yeah.

Jill DeWit:                            And you're doing your due diligence, or at least your team is.

Steven Butala:                   And you know more than we do.

Jill DeWit:                            Ha.

Steven Butala:                   And you're smart enough not to have your own show.

Jill DeWit:                            I would like to say one of the things that I want to talk about when we get into the meat of the show is the 1,000 deals, it's sneaks up on you. Like, this show.

Steven Butala:                   Yeah.

Jill DeWit:                            Today's show is 746.

Steven Butala:                   Yep.

Jill DeWit:                            That sneaks up on you.

Steven Butala:                   Yeah.

Jill DeWit:                            You know?

Steven Butala:                   A lot of stuff sneaks up on you, you know?

Jill DeWit:                            Yeah.

Steven Butala:                   Like, this big belly I have snuck on me.

Jill DeWit:                            I was just going to ... that's not funny. I was going to say like a saggy butt. Okay. Got it.

Steven Butala:                   Before we get into our failing bodies, let's take a question posted by one of our members on our Land Academy online community. It's free.

Jill DeWit:                            Okay. Matt asks, "I'm getting a very good response on my infill lot mailer in Middle, Tennessee-"

Steven Butala:                   So were we, actually.

Jill DeWit:                            "And have closed on one-"

Steven Butala:                   A huge response.

Jill DeWit:                            "I have one other option: I have three currently in the title process about the close. I'm buying between $3,000.00 and $5,000.00 with county assess values more than four times that purchase price. I don't put much stock in those, though they too tend to be on the conservative side," of course.

Steven Butala:                   Yeah.

Jill DeWit:                            "Comps are between $15,000.00 and $30,000.00 for these lots," boy that's pretty easy to double your money and get out quick then.

Steven Butala:                   Yeah.

Jill DeWit:                            "Thoughts on how to creatively market these lots outside of Zillow, Craigslist, Facebook and Flat Fee MLS?