Beach Bank Balance
Jack Butala: Beach Bank Balance. Every Single month we give away a property for free. It's super simple to qualify. Two simple steps. Leave us your feedback for this podcast on iTunes and number two, get the free ebook at landacademy.com, you don't even have to read it. Thanks for listening.
Jack Butala:
It's Jack Butala for Land Academy. Welcome to our Cashflow from Land show. We show you how to buy property for half of what it's worth and resell it the very next day. Great information and instruction from Jack, that's me.
Jill DeWit:
And inspiration from Jill, that's me.
Jack Butala:
Here's some funny stuff that happened to us recently.
Jill DeWit:
Did you know there's such a thing as Greek EDM or dance music? We learned that last night. Do you remember this last night?
Jack Butala:
Yeah.
Jill DeWit:
We're taking an Uber ride home last night, and the guy's very Greek. We get in and he's listening to ... What was that? Some kind of traditional Greek music, do you remember? It was a little bit ... I don't know.
Jack Butala:
Jill and I, for a lot of reasons, went out and celebrated last night.
Jill DeWit:
Yes.
Jack Butala:
Then we got a good night's rest and it was fun.
Jill DeWit:
What was really funny though is we got in the car and it was really deep and Stephen's like, "Oh no, no, no. This does not work for me." He had a limited playlist, if you will, but Stephen asked him to liven it up and it was some Greek dance music and it was pretty darn cool. I was really impressed.
Jack Butala:
You know when people ask you, "What's the most recent book you've read?" or serious stuff. I ask people, "What are you listening to in your car right now?" What CD or whatever this generation, however they listen to it now. It's probably MP3.
Jill DeWit:
That's awesome.
Jack Butala:
That's what I said to this guy. I said, "Come on, what do you listen to? Forget about us. I don't care about what we listen to. I can go listen to whatever I want all the time. I want to hear." He kicks out this Greek ethnic ... It's ethnic American dance music.
Jill DeWit:
It was pretty good, though. I really liked it. It was really good. That was fun.
Jack Butala:
It was. We have a radio show.
Jill DeWit:
Yeah, we kind of do.
Jack Butala:
In this episode, Jill and I talk about beach bank balance. It came up in a previous episode, and Jill coined the phrase beach bank balance.
Jill DeWit:
That's my new motto, I swear. I'm going to put that on a shirt and wear that around.
Jack Butala:
What does it mean to you, Jill?
Jill DeWit:
Beach bank balance?
Jack Butala:
We'll get into it.
Jill DeWit:
This is good.
Jack Butala:
Great show. Before we start, let's take a question, posted by one of our members, on successplant.com, our free online community.
Jill DeWit:
Jermaine H. says, "In March, I did not sell any properties. I was pretty heavy on the acquisitions side. This month, I've sold four properties already. I've done two owner finance deals and two cash deals this month, and I've acquired another 2.89 acre ..."
Jack Butala:
This thing that we do, this cashflow from land thing, it actually works for real people?
Jill DeWit:
It does.
Jack Butala:
It's not a pile of malarkey?
Jill DeWit:
I have 2.89 acre property acquired for 2,000. I currently have it listed at 6,500 cash. This property should close fairly quickly. If I work the family and record the easement on this property, I think I can push the sale price to 10.
Jack Butala:
Our members are recording easements.
Jill DeWit:
That's insane.
Jack Butala:
That's professional level stuff.
Jill DeWit:
I love it. The past two months have really shown me the ebb and flow of the real estate business. We've also decided to bring our mailing in-house to help with adding more flexibi...