What Motivates You

Transcript: 

Jack Butala:                         Jack and Jill here.

Jill DeWit:                            Hello!

Jack Butala:                         Welcome to the Jack Jill Show, entertaining real estate investment talk. I'm Jack Butala.

Jill DeWit:                            I'm Jill DeWit, broadcasting from sunny southern California.

Jack Butala:                         Today, Jill and I talk about what motivates you. I bet you can be confident that we're going to talk about what motivates us. I bet it's very different. We haven't talked about this before the show.

Jill DeWit:                            No. It's something you've really got to think about.

Jack Butala:                         I know. It's philosophical.

Jill DeWit:                            I was thinking ... We talked about it a little bit yesterday. There's the surface motivation. There's a motivation you'll admit to, then there's the real motivation. As I'm looking at my notes, I just added one there.

Jack Butala:                         Me too. I did, just now.

Jill DeWit:                            There's stuff that you're going to go, "Oh, that motivates me." You are such a liar. No, it doesn't.

Jack Butala:                         Right.

Jill DeWit:                            You know that happens.

Jack Butala:                         You are such a liar.

Jill DeWit:                            You're a liar.

Jack Butala:                         You're a liar.

Jill DeWit:                            Some people are lying. They're lying to themselves. We'll cover that too.

Jack Butala:                         Wait, don't turn it off.

Jill DeWit:                            Wait!

Jack Butala:                         It's not that bad.

Jill DeWit:                            You've got to hear.

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

Jill DeWit:                            Matthew admits ... Just kidding. Matthew says, "Hello, all. Writing my first post from Sacramento area. I've been listening to the podcast for months, maybe six weeks' really."

Jack Butala:                         A little bit of embellishment here.

Jill DeWit:                            This is so cool. "Jill, I took your advice. I had all sorts of to-do things to cross off my list. I found myself riding around too much in the car. I was supposed to be selling to start my land investing business. I heard you say, 'Don't fall in love with it.', on one of the podcasts. I would literally drive around in my investment car and I said, 'That's it.'" This is so cool.

Jack Butala:                         What motivates you?

Jill DeWit:                            "I drove home and posted the car for sale online. Ten times, three times really, and committed to just getting it sold so I could raise the cash to start land investing."

Jack Butala:                         What the heck? That's outstanding.

Jill DeWit:                            This is so great. "Well, I sold the car on Monday. It's Wednesday now and after about four weeks of not really trying hard to sell it, because I was spending all of my free time renting out a family property for full market value. I finally rented that too."

"I did both transactions in the same weekend and I'm over the moon. Now, I know I can do the rental side of things correctly after struggling with covering from evicting a tenant, who destroyed my property, and now I'm back in the game."

"I need more rental properties in Nevada, but as Jack says, 'I need to learn myself how to find-and-buy great properties below wholesale so I can do this big time.' Here I am, ready to go, day one, starts in three, two, one, now."

Jack Butala:                         This guy's motivated.

Jill DeWit:                            "It's 10...