What 2020 Looks Like for Steven and Jill (LA 857)

Transcript:

Steven Butala: Steve and Jill here.

Jill DeWit: Hello. Happy Thanksgiving.

Steven Butala: That threw me for a loop on the script there.

Jill DeWit: Yeah. You're like, "Wait a minute. What's that?"

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 the side of the Thanksgiving Day parade. Just kidding. We are in our usual southern ... Actually, we're in Scottsdale right now.

Steven Butala: Yeah.

Jill DeWit: So, yay.

Steven Butala: Today, Jill and I talk about what 2020 looks like for both of us. What's funny, when you wrote this title, I'm like, "Ah. I wonder what the future looks like." It's like a year from now.

Jill DeWit: I know. 2020. I had to think about that too. I'm like, "Oh. We've got a long time."

Steven Butala: No.

Jill DeWit: Oh, no. We don't.

Steven Butala: It's literally-

Jill DeWit: It's almost 2019.

Steven Butala: ... 13 months from now.

Jill DeWit: Exactly. That's very scary.

Steven Butala: We'll be 260 shows ahead.

Jill DeWit: Wow.

Steven Butala: That's part of the meat of the show I guess, but we will be-

Jill DeWit: That's pretty cool.

Steven Butala: ... well into show ... 1,100 shows.

Jill DeWit: Will we have a new show by then do you think?

Steven Butala: Oh, yeah. Or a show in addition to. We need a House Academy Show. That's what I think.

Jill DeWit: This is how it 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. As you're listening, please drop your questions into the comments section below.

Jill DeWit: Jason R asks, "How do I best prepare for Land Academy 2.0? I've completed 10 deals exactly. I feel good about moving forward. Am I ready?" Oh. I like this.

Steven Butala: Am I ready?

Jill DeWit: Am I ready? What do you think it means, people need to be ready for 2.0, which, by the way, is coming out tomorrow.

Steven Butala: Yeah.

Jill DeWit: Yeah.

Steven Butala: You're absolutely ready if you've done 10 deals. You were probably ready after two or three deals. Here's the myth I need to dispel, because it's already started.

Jill DeWit: This is good.

Steven Butala: The myth is this. Because you make more money on these info lot deals and they're buildable lots, they're harder to do. It's the exact opposite. The deals are easier to do, because you've got title involved, and you've got a lot of resources, like InfoReports.com, so you don't make any mistakes to complete these types of deals. The same thing is true with wholesaling houses. You have even more resources available for that, because there's already a house there, so there's less chance for error, and you have a tremendous amount of data in these urban counties about days on market. You can look into a crystal ball. I want to officially dispel this myth that making more money is harder than making less money, because it's exactly the opposite. The more money you make, the easier it becomes, and the more systems you put in place. It's really easy to systematize info lots and wholesaling houses over rural, vacant land. Rural, vacant land, every deal's different. There's a lot of stuff going on, and in houses and info lots you're just checking boxes.

Jill DeWit: Mm-hmm (affirmative). I was gonna say I agree. I think you're ready. You know how the deals go. You've got ten under your belt, you've got them all the way through.

Jill DeWit: So like Steven said, you understand the process, now you're gonna sit back and go, "This is awesome."

Steven Butala: Today's topic, what 2020 looks like for us. This is the meat of the show.