Why the Right Land Partner is Essential (LA 1813)

Transcript:

Steven Jack Butala:

Steven. Jill here.

Jill K DeWit:

Hi.

Steven Jack Butala:

Welcome to the Land Academy Show Entertaining Land, Investment Talk. I'm Steven Jack Butala.

Jill K DeWit:

And I'm Jill Dewitt broadcasting from sunny Southern California.

Steven Jack Butala:

Today, Jill and I talk about why the right partner, the right land partner is essential.

Jill K DeWit:

Not like this.

Steven Jack Butala:

This is a topic we've covered in the past, but this is a little bit different because Jill's experiencing both sides of this. I think with deal funding...

Jill K DeWit:

Why you think I'm not the right partner?

Steven Jack Butala:

No, it's not with this.

Jill K DeWit:

Both sides of this. Sometimes you don't get the right partner, Jill and sometimes you're not the right partner, Jill, because that could happen too. We could talk about that, and I got to make a note about that.

Steven Jack 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. And I hope you know that Jill and I personally instruct. I advanced type, instructional session ...

Jill K DeWit:

... Intimate Group.

Steven Jack Butala:

Called career path. It's for people who have made this their career, buying and selling land or people that want to make it their career. Check it out at [email protected] it's called career path and I think the next one starts in October.

Jill K DeWit:

It does. And actually you can sign up now just so you know, if you go to yeah, Did you say? Oh, you said the support one. I'll give you one little hint too. Go to landacademy/careerpath and you'll find out more there. Oh thank you. Tammy wrote, I found a county that I like that has a site zip code for 99% of the 2000 properties. Wow. All those 2000 properties, half of a side street address with a street number and the other half just has a street name. Should I be concerned that this is not rural enough? Because there are situs zips attached to most of the whole data set. I did spot check and it does look like there's no buildings.

Steven Jack Butala:

No Tammy, this is a very intelligent question. I know you're brand new. I see in Discord a lot and I appreciate your participation and you really are asking the right questions. There's a pretty, pretty stiff learning curve to some of this, if you don't follow the program. And so to answer your question directly, the situs address or non situs address, you know, in a mailer, in a data, any given data set a property has a mailing address where the ...

Jill K DeWit:

... Tax.

Steven Jack Butala:

tax bill goes to or a situs address, which is where the property's actually located. Well, a vast majority of many, many, many properties, vast majority of properties that we deal in, don't have a 123 main street post office address. They just have a situs address, which might be main way. It might be just blank. The assessor doesn't really care as long as they know which property it is and how to assess it so that they can apply the right tax amount. They don't care exactly where it is. So the fact that what this tells is you chose a relatively urban county, but it doesn't matter. As long as it passes the red, green, yellow test and you follow step by step, everything that we teach in chapter four and chapter five of Land Academy 3.0, you're going to do great. And that's ...

Jill K DeWit:

... Funny, like I'm concerned, this is going too easy. You know, I can, I can totally relate to that.

Steven Jack Butala:

Well, even your result here is that you have really good data.

Jill K DeWit:

Yeah.

Steven Jack Butala:

Because mostly time the question's, the other way. It's like, I can't find these properties at all. What do I do? And there's a huge solution for that called geocode.io that we explain all of that and the actual education.

Jill K DeWit: