When is it Appropriate to Survey Land (LA 1546)

Transcript:

Steven J Butala:

Steve and Jill here.

Jill DeWit:

Hello.

Steven J 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 Scottsdale, Arizona.

Steven J Butala:

Today Jill and I talk about when is it appropriate to survey land?

Jill DeWit:

There are times it is, and there are times it is not. So does everybody hear that? There are times it is not appropriate, like most of the time. Don't give it away.

Steven J Butala:

I'm going to interview Jill, and I'm going to ask her when it's appropriate and when it's not.

Jill DeWit:

I can tell you, because some people think you do it on every time, and that is not the case, unless you want to give away a lot of money. Thank you.

Steven J 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. If you're already a Land Academy member, please join us on Discord.

Jill DeWit:

Okie-dokie. Chuck wrote, which is this the Chuck that I'm thinking of or is this a different Chuck?

Steven J Butala:

I don't know. There's two.

Jill DeWit:

All right. "I've run into a weird problem with DataTree. In the last two batches of records that I purchased, between one-third and one-half of each list did not have a situs zip code. The zip codes for the mailing addresses were there, but the situs was missing. This is a problem because in both counties, my intention is to make offers based on the zip code values, which I've computed. The price per acre varies greatly between zip codes in these counties. It looks like the missing zip codes are for properties that do not have a street address, which is a lot of them, by the way. In all cases, the parcel numbers are there, as are the long/lat numbers. And the county CAD shows the situs zip codes. I would think there would be enough info for DataTree to be able to produce a zip code. Has anyone run into this with DataTree? I'm thinking of just mailing those with zip codes so I can price them reasonably. That would eliminate though almost half the properties. Thanks."

Steven J Butala:

This is an incredibly intelligent question, and luckily I have the solution. It's something I've been working on for a while. You take the data set that you have, and it sounds like you've taken it all the way to the point where you're stuck with this. So, I'll directly answer your question. DataTree was nice enough to include longitude and latitude numbers, and it's pretty easy for a computer to convert long/lat to zip codes in America. We use a website called geocod.io. It's G-I-O-C-O-D, without an E, dot io. For a very nominal price, and I mean like $2 or $3, you can take a massive dataset, drop the long/lat numbers in, and it's going to convert the long/lat to an American zip code. And as a bonus, it tells you how accurate that is.

Steven J Butala:

So they'll tell you it's 100% accurate. We know exactly where this property is or-

Jill DeWit:

Because of the long/lat.

Steven J Butala:

Yeah, because, well their database is limited. So it's still a work in progress. But what you do is then copy and paste the results of that into the back end of the zip code area, and you can then be on your merry way. Concierge pricing, which is a product that Jill and I launched very recently, does all this for you. And in Land Academy 3.0, which I'm filming right now, in this actual module that addresses this will be released before, because it's such a popular topic, will be released long before ... It will be really soon, very soon, within days I'm told, or at least this month. It's in post production. I recorded it and they're just trying to make it perfect, my team is.

Jill DeWit:

This is for Land Academy members, have access.

Steven J Butala:

Yeah. This is what makes DataTree so superior, in my opinion, to RealQuest and to Black Knight.