What to Do if You are Data Afraid (LA 815)

Transcript:

Steven Butala:                   Steve and Jill here.

Jill DeWit:                            Hi.

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 what to do if you're data afraid.

Jill DeWit:                            This is a good one and this comes up often. This is so important to what we do. So much-

Steven Butala:                   What's your definition of being afraid of data?

Jill DeWit:                            Spreadsheets make you panic, and if it's more than four columns and twenty lines, you're like, "Oh no, that's too much."

Steven Butala:                   That's too much to take.

Jill DeWit:                            I don't know what to do with this. And we can help you.

Steven Butala:                   There's stuff that I had that reaction to still.

Jill DeWit:                            Yeah. Like girls.

Steven Butala:                   There's stuff that we all-

Jill DeWit:                            Like me.

Steven Butala:                   Yeah. Well, that'll never stop. But, I mean there's-

Jill DeWit:                            Thanks.

Steven Butala:                   ... stuff in everybody's life that you look at. It's just like, "Oh my gosh."

Jill DeWit:                            For some people, it's opening the hood of a car.

Steven Butala:                   Yeah.

Jill DeWit:                            How about that? They go, "Huh." But other people go, "Oh, all right. Got that, got that, got that, got that, done. Oh, see the problem." It's just like that with data, how's that? Data is--

Steven Butala:                   Or anything.

Jill DeWit:                            --like opening the hood of a car.

Steven Butala:                   Or school.

Jill DeWit:                            So, thank you.

Steven Butala:                   Well said, Jill.

Jill DeWit:                            Thanks.

Steven Butala:                   Before we get into it, let's take a question posted by one of the members, one of our members, on the Landinvestors.com online community. It's free and I have to preface this.

Jill DeWit:                            Ready?

Steven Butala:                   This is a long question.

Jill DeWit:                            Thank you for telling me.

Steven Butala:                   And may I read the first part and then have you read the second part?

Jill DeWit:                            Sure.

Steven Butala:                   Michael says, or asks, "I have a deal consisting of seventy-five acres within the city limits, adjoining developments on three sides. And what I will sell--and what I will sell as the next piece of land in the path of Progress Prime for Development.  When sending over the contract, the seller's nephew is an out-of-state real estate agent, in true real estate agent form, was ready to jump in head-first and fill the contract out with [inaudible 00:02:06] and contingencies and terms." Go ahead, Jill.

Jill DeWit:                            "Question, he wants to convey the property via quitclaim deed. When I asked why, he said it is typical that a seller will convey via quitclaim deed because this limits the seller's liability.