Confessions of Steven and Jill (LA 871)
Transcript:
Steven Butala: Steve and Jill here!
Jill DeWit: Hello.
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 our confessions. About everything. The confessions of Steven and Jill. You might be asking yourself, what the hell does this have to do with real estate? Heres the deal.
This week, I wrote the topics myself. It's a direct result of the constant questions Jill and I are getting. The show is getting bigger, and our group is getting bigger. We're always saying, you can ask us anything.
Jill DeWit: Yeah. The more members we have, the more they do.
Steven Butala: It's become a, be careful what you wish for.
Jill DeWit: Exactly.
Steven Butala: In fact, so many questions are coming in. Which I think is great, that's why we're here.
Jill DeWit: Right.
Steven Butala: There's the call that as of this Thursday, we'll be splitting up for people who have more advanced questions, and people who are just starting out. Guess who is going to run each of those?
Jill is going to run the new people, and I'm going to run the more advanced group.
Jill DeWit: Mm-hmm (affirmative).
Steven Butala: The advanced group doesn't care about what we wear every day. They care about real estate deals. I think that's great.
Jill DeWit: I don't think anybody cares about what we wear every day.
Steven Butala: Not that. But, that's an exaggeration.
Jill DeWit: Okay.
Steven Butala: It's not like Jill, do you dye your hair? It's not questions like that.
Jill DeWit: I'll answer that.
Steven Butala: What is the answer to that?
Jill DeWit: Heck yeah.
Steven Butala: Heck yeah. Not just yeah?
Jill DeWit: Sure, why not. It's fun. My hair changes. Sometimes it's darker, sometimes I have high lights, it's fun. I'm a girl!
Steven Butala: I noticed. 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: Joseph asks, "Hi guys. My understanding is that Florida doesn't allow non-judicial foreclosure. Do you still use seller financing or only do cash sales? Thanks."
Steven Butala: That's a very good question. I honestly don't know about the foreclosure procedure in Florida. But, we do not almost ever ... In fact, I can't think of a single property that we do seller financing on any longer.
Jill DeWit: Exactly.
Steven Butala: It's because it's not viable. We have many members. And it's in ... Land Academy 1.0 I know is packed full of advice. We've done a lot of terms. We call them term sales.
Jill DeWit: I still have a few that are hanging out there. There's still payments coming in. Yeah. But, I don't actively ... We don't actively seek them out now anymore.
Steven Butala: It's just a lot more work.
Jill DeWit: That's why.
Steven Butala: But, if you're that kind of personality, it all comes out of personality. That's what I talk about in Land Academy 1.0. If you're that kind of person, like Jill and I have a personal friend in Arizona he's got like 120 rental houses there, all paid for free and clear. He loves it.
He collects ...