Demystifying Real Estate Investment
Jack Butala: Demystifying Real Estate Investment. 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: Jack Butala with Jill DeWit.
Jill DeWit: Howdy.
Jack Butala: Welcome to our show. In this episode, Jill and I talk about demystifying real estate investment. This comes up every single day.
Jill DeWit: It's a big word. I've got to write this down.
Jack Butala: Great show today Jill. Before we get started let's share something interesting that happened to us recently.
Jill DeWit: Jack ...
Jack Butala: Demystify it.
Jill DeWit: Let me demystify this. Do you believe this show is number 300?
Jack Butala: No, I just saw that.
Jill DeWit: That's what I want to pause and say, "What?"
Jack Butala: I can't believe it. It's not the 300th show. We had a whole podcast before this, so ...
Jill DeWit: Right. How many did we on the other one?
Jack Butala: A lot, and they were hours long. We've done probably close to 400, maybe 350 for sure.
Jill DeWit: Do you remember those shows, too, like we talked. We would go 45 minutes.
Jack Butala: Yeah.
Jill DeWit: I'm like, how did people ...
Jack Butala: People liked that.
Jill DeWit: I know, how did they hang in there with us? I would get bored after 45 minutes.
Jack Butala: Oh, 45? You're bored after 30 seconds.
Jill DeWit: Oh, thanks. I meant of me.
Jack Butala: Jill's got a super good work out friend. Every time I see him he's like, "Have you ran out of stuff to talk about yet? How can you talk about land for 300 shows?"
Jill DeWit: Yeah.
Jack Butala: I get to tell him it's not about land at all. It's about what Jill's wearing.
Jill DeWit: Yeah.
Jack Butala: It's about [crosstalk 00:01:26].
Jill DeWit: Fingers in the screen.
Jack Butala: Yeah. Fingers in the scene.
Jill DeWit: That's right.
Jack Butala: Fingers in the scene.
Jill DeWit: I said ...
Jack Butala: Fingers in the scene.
Jill DeWit: Yeah. 300, I'm just thinking how ... Wow. We still have not ran out of stuff to talk about.
Jack Butala: No, because you're interesting.
Jill DeWit: Thank you.
Jack Butala: I'm the emcee of your life. That's what this show is.
Jill DeWit: You know what? I like that. I'm good with that.
Jack Butala: I know you are.
Jill DeWit: You're the emcee, and then the person following behind me with a clipboard, I'm set. That's good.
Jack Butala: Before we get started, let's share some interesting stuff. Oh, I'm sorry. Let's take a question posted by one of our members on successplant.com, our free online community.
Jill DeWit: Even though we're 300 shows in, we can't quite remember the script.
Jack Butala: No. Even though it's right in front of us to read, we can't get that right.
Jill DeWit: Never mind. Okay. Ted asked ... All right. This is going to be good. "Did I screw up? Mailed a county 1,500 letters, getting responses, but I never checked to see if the county had GIS mapping. They don't. How do I research the properties now, if I can't find them on a map somehow? Are there other resources I can look into? RealQuest can't pull it either, as the mapping link is not available, which makes sense since the county doesn't have it."
Jack Butala: Yeah. What this tells me, I think, is that the county never scanned in their plat maps. If it's that bad, if it's that rural, here's the good news. Nobody has purchased properties in this county for a heck of a long time. If you're close enough to the county, Ted, go over there. Take the purchase agreements that are signed, that you got back, and do some research. Sit down, like it's 1943. Sit down, and pull up plat maps and take a look. Bring your computer, and look it up on Google Earth.