The Right Questions to Ask (LA 1398)

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 the right questions to ask versus the wrong ones.

Jill DeWit:

Can I give a few examples? Is this a good question? I can't find the Land Academy dashboard.

Steven Butala:

I will let the listener answer that to themselves.

Jill DeWit:

How do I price waterfront property?

Steven Butala:

That's a good question.

Jill DeWit:

Thank you.

Steven Butala:

That's a great question.

Jill DeWit:

Okay. I wanted to give a little good one ...

Steven Butala:

That's the right question to ask.

Jill DeWit:

Thank you.

Steven Butala:

Does Land Academy work at all? Great question.

Jill DeWit:

Do you recommend my mom quitting her job to answer my phone at night?

Steven Butala:

That's not a question I can answer for you. Is that a good question?

Jill DeWit:

I don't know.

Steven Butala:

First of all, here's what Jill's getting at: you know this whole thing about, there's no such thing as a stupid question. [crosstalk 00:01:19] I am here to tell you, there's absolutely such thing as as stupid question. In fact, probably 70 or 80% of the questions in life that get asked are stupid.

Jill DeWit:

Right.

Steven Butala:

And could be answered ... what's the definition of that? It can be answered by yourself. You can answer that yourself.

Jill DeWit:

Right.

Steven Butala:

Or with a tiny bit of research. You know what? Every single answer to every single question, with very, very few exceptions, is in your pocket or in your purse right now.

Jill DeWit:

I told this couple I had a call with a week or so ago, they said, "How do I know if I hired the right person?" I said, "You're going to know real fast. Real fast, based on the questions that they ask you and if they repeat the same questions, if they're getting it or not."

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:

That's Jack's way of moving this along.

Steven Butala:

I'm going to be the let's not watch Jill deteriorate moderator today.

Jill DeWit:

Why? Oh.

Steven Butala:

Because of this-

Jill DeWit:

Because I can go into a dark, dark place?

Steven Butala:

Yes. When I'm the voice of reason in this relationship, watch out.

Jill DeWit:

That's funny. Yeah, I can go dark.

Steven Butala:

It's not going to be [crosstalk 00:02:33].

Jill DeWit:

But she seems so nice. Not this topic. Nope, nope, no. She's done. She got worn down. Okay, Rich wrote, "This is mostly a mindset question. As I am still trying to"-

Steven Butala:

Then it's a good question.

Jill DeWit:

Okay.

Steven Butala:

I think.

Jill DeWit:

Okay. "I'm still trying to learn to buy and sell vacant land using these tools, not homes. A friend of mine just sold his house in Phoenix and is buying one in Idaho." Gee, interesting. Him and how many other people?

Steven Butala:

The whole Western part of the country is all exchanging houses right now.

Jill DeWit:

Totally. That's exactly what's happening.

Steven Butala:

Some are moving north, some are moving south, most of them are moving east, not west.

Jill DeWit:

You know what, everyone should've just got into their cars, and then in Nevada, Vegas or so, just toss each other the keys. That would've been a lot easier.

Steven Butala:

Yeah, cut the real estate agents out.

Jill DeWit:

Yeah.

Steven Butala:

Just change houses.

Jill DeWit:

Meet there and hand keys and move on. That would've been so much easier.

Steven Butala:

That's hilarious.

Jill DeWit:

Thank you. Okay. "When I look at the house in Idaho on Neighbor Scoop, I can see the owner bought the house in 2017." Rich, you're like me. This is how I ... I'm liking Rich.