Benefits of Networking at Live Events and Online Webinars (1031)
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: I'm Jill DeWit, broadcasting from sunny, southern California.
Steven Butala: Today, Jill and I talk about the benefits of networking at live events and online webinars. I have to tell you, before we get started, I didn't believe in these things. It's the truth. I didn't want to have the first live event that we had.
Jill DeWit: Yeah.
Steven Butala: It turned out to be just a smash hit.
Jill DeWit: It's funny. I'll have to share. We scheduled it, then we unscheduled it. We were doing it, then we're not doing it. We're doing it, we're not doing it. Then we're like, "There's people coming." I said, "Steven, we have to do this. There are people, they bought plane tickets." He said, "Fine." Then, in the end, we did two last year, and it was a hit.
Steven Butala: Huge hit.
Jill DeWit: Huge hit.
Steven Butala: The people that were involved in those events, we'll get into it [inaudible 00:00:56]. We'll tell you why they are doing so much better in their careers than they would have done just on their own. Us included. We're doing partnership and deals with a lot of the people that were at those events.
Jill DeWit: I think that's the point of this show. It's the results that we did not even expect that came out of that.
Steven Butala: Hey, 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.
Jill DeWit: Kevin asks-
Steven Butala: This is a share.
Jill DeWit: Or shares, excuse me.
Steven Butala: This is Kevin Farrell, our moderator.
Jill DeWit: Kevin shares, is this a warm fuzzy thing?
Steven Butala: Yeah, it is actually.
Jill DeWit: Since it's a share.
Steven Butala: Kevin is so diligent and he's so bright, and such a good writer. He's a moderator on the site for us. He's also an active member. He really has something to say here.
Jill DeWit: Thank you.
Steven Butala: It's very valuable.
Jill DeWit: Hi everybody. I have run into counties where it's very hard to use their data. I am also seeing this problem when helping others make sense of out of their data. I will try to break down what good data and bad data looks like. This is good.
Jill DeWit: Bad data. Zero percent on improved returns with parcels with houses on them. You think that would make sense. Vacant land returns parcels with houses on them. Acreage is incorrect in the data, and many records have no mailing addresses. Comps vary widely starting low and jumping up rapidly, like one thousand dollars, two thousand, 25 hundred dollars, 45 hundred dollars, eight thousand dollars, 12 thousand five hundred dollars, 19 thousand dollars, 50 thousand dollars and up. Variation in comps does not seem to be related to the location or zip codes.
Jill DeWit: Usually these things happen in counties with no GIS system available. That's a little tip right there.
Steven Butala: Yeah. Hold on one second please. That's the key.
Jill DeWit: Right.
Steven Butala: You can separate, if you want to skip along the top on this, and really, you're kind of a weekend warrior investor.