Build an Empire on the Weekend (CFFL 0056)
Jack Butala: Build an Empire on the Weekend. 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: Hey, this Jack Butala for LandAcademy. Welcome to our Cash Flow From Land Show. In this episode, Jill and I talk about how to allocate your time in the beginning so you can turn real estate deals without disrupting your whole life. Discipline and scheduling are part of any successful endeavor. Jill, I think this has the making of a very useful show, unlike most of our shows. I think we're probably going to give some relatively good advice and I bet, as always, we probably have a differing view on this topic.
Jill DeWit: True. I would say discipline, scheduling, organization.
Jack Butala: Organization.
Jill DeWit: That's a big one. True. You can do it! This is a great topic. I'm excited about this show.
Jack Butala: Me, too. As always, we never advocate dropping everything in your regular life, becoming a member here at LandAcademy, and just disrupting your whole situation. You got to take it step by step.
Jill DeWit: Totally.
Jack Butala: I think you can start a very effective program 8 hours a week in the beginning. Don't you?
Jill DeWit: Yeah, absolutely.
Jack Butala: I would take Sunday, personally, and just do it.
Jill DeWit: Absolutely.
Jack Butala: I did do it that way.
Jill DeWit: I was just going to say, so did I. That was my first ... No, I'm like, "I did it for as long as I could." I know you did it, too. What is funny is remember what my office used to look like?
Jack Butala: Yes, I do.
Jill DeWit: I had 2 desks pretty much back to back so I could just swivel my chair around, and that's how I would mentally do ... I was working from home at that time from 1 job, while building up what we're working on here at the site, building up some stuff for LandStay and my own personal thing. I would flip my chair around and work on the other project. It was really funny.
Jack Butala: I never thought of it that way. You were kind of a student when you started.
Jill DeWit: I kind of was.
Jack Butala: A member I should say.
Jill DeWit: I kind of was. You taught me, Steven.
Jack Butala: I was thinking more of you like a just facilitator because most of what you did was on the sell side because we had a ton of property and inventory. You just jumped in and started selling it.
Jill DeWit: It was a lot. That was most of the day.
Jack Butala: Posting it and selling it and dealing with the customers and the whole thing.
Jill DeWit: Then I learned the acquisition.
Jack Butala: Did you do it every day?
Jill DeWit: Yes.
Jack Butala: Was it just on the weekend and you'd manage it?
Jill DeWit: Way, way back when, it was just on the weekends. I would post during the week and have the stuff when I could during the week, have it all scheduled ready to go. Do you remember this?
Jack Butala: Yeah. I do like it was yesterday.
Jill DeWit: Then the auction would close on Sunday, and then I would either send out a payment invoice Sunday night or Monday morning and then do the deeds during th...