County Land Use Plans Useless or Useful
Transcript:
Jack Butala: Jack Butala with Jill DeWit.
Jill DeWit: I'm so happy to be here. Hi.
Jack Butala: Welcome to our new studio. I hope you can hear the difference because it wasn't cheap. In this episode, Jill and I talk about whether county land use plans are useful or useless. Before we get into it though, let's take a question posted by one of our members on the landinvestors.com online community. It's free.
Jill DeWit: Thank you. You know what's funny? I'm really happy with this question. We told our staff when they put our scripts together, they go into our online community obviously and they pull out these questions and I'm like, "Come on. I want some little more meaty ones." Some of the ones are kind of ... Not that there's not a place for the detailed and different ones but this is a meaty one, and I'm looking forward to this. Luke asked, "Could I sell ... " He wants to know whether buying land helps ... Here we go. Luke wants to know whether buying land helps foreigners get visas. So, the question is, "Could I sell deals in portfolios to internationals wanting to come to the U.S. and need this to fill their visa requirement bills?"
Jack Butala: Boy, I'm not an international attorney, but I don't see why not.
Jill DeWit: What an interesting market to target.
Jack Butala: I mean, Jill and I just help people to sell property to people from other countries all the time.
Jill DeWit: All the time. They might be doing this and we wouldn't know it.
Jack Butala: If you ever scrub data too in RealQuest or anywhere else, you always notice that there's some addresses of property that are international, because they don't fit properly. The international addresses don't fit properly in the database.
Jill DeWit: Well, you know what? This brings up a whole nother topic because I have met people who, especially here in LA, who have visa ... Or their passports. They're nationals of other countries, but they live here. They have been told incorrectly that you cannot property here unless you're a U.S. citizen. We're here to tell you that's not true. Every time I let them know that they're like, "Really? I can buy some property?" I'm like, "Heck yeah. You can absolutely own property in the United States and not be a U.S. citizen." Many people don't know that.
Jack Butala: Right.
Jill DeWit: So, this is a great question and a good ... I'm curious. I'm not going to get into checking what the visa requirements and if this counts as what they need.
Jack Butala: That's way beyond the scope of what we can actually answer, quite honestly. I mean, don't take our word for it on this. Please check around before you make a career out of it.
Jill DeWit: Exactly. This would be get an attorney involved and find out, but ... International visa attorney, whatever, but boy, what an interesting thing. If it does solve that problem, that would be really cool. You could start pulling your land all over Africa. I don't know. Dream it up.
Jack Butala: There's a website that helps people who own real estate in America, advertise their properties in China. It's been on my radar for quite some time because we all forget about it, because China's thriving economically, but they're technically a communist country and they have a lot of rules about the internet. We have a lot more freedom about stuff. Websites don't reach China.
Jill DeWit: Really.
Jack Butala: This is designed. It's a Chinese website run by Chinese people ...