FaceBook Gets Property Sales Results
Jack Butala: FaceBook Gets Property Sales Results. 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: Jack Butala with Jill DeWit.
Jill: Howdy.
Jack: Welcome to our show, today. In this episode, Jill and I talk about how Facebook gets property sales results. Man, the first time I heard that sentence, a while ago, I just scoffed. We're going to talk all about it in a funny, humorous way, because I'm old.
Jill: You're not old. You're not old.
Jack: First, let's take a question posted by one of our members on SuccessPlan.com, our online community. Let's read it.
Jill: Okay. Luke asked, "Got this residential property that came with some others I bought. I did not want to buy it, but the seller said, 'Just take it.'" Boy, isn't that funny how often that happens. "Now I'm trying to figure out the best way to sell it. There's no access. There's six neighbors that are houses in a subdivision. They all back up to it. I'm thinking of sending them all letters to see if any of them want to buy it."
Jack: Yeah, that's the answer.
Jill: "Do you guys have any advice on what to say in the letters? I was thinking of putting maps in there ...
Jack: Yeah.
Jill: "... with handwriting on them pointing out to them the lot I have for sale. I would like to sell it. What's the best way?"
Jack: You nailed it.
Jill: Mm-hmm (affirmative).
Jack: You nailed it. I would do exactly what you said. I wouldn't spend a lot of money on it, but I would say, "You know, the property that you're actually using, all of you anyway, here's your chance to buy it for next to nothing. Here's the taxes." You're not going to retire on this deal by any stretch, but it's the right thing to do. There's one person in our group, this is his whole business model. This is how he sells property. He buys property that's surrounded by other working ranches, let's say, and he sends them letters. So far, he's struck 100%.
Jill: Yeah. My brother did that. I don't know if you know that. His house is up against like this ridge, and then there's a parcel there. When it came available, he was excited to buy it. He has no intentions of doing anything with it, but that way ...
Jack: No neighbors.
Jill: ... he can just say his property ... Yeah, there's no one that's going to touch it. No one can build anything there that could possibly block the view, and now he owns more property there. There's a lot of people out there that just get excited like that.
Jack: I bought ... You know if you go to tax like ... If you go to look at existing tax liens that you can foreclose on in western states, they're packed with little tiny slivers of land that are people's driveways, or like I bought on with a well on it one time. I get the well too, so I sent one letter and made two grand. I foreclosed on the property for ... I don't know. It was like $100 all in. Yeah, I think this can become your full blown business model if you want it to.
Jill: Yeah, but what also is nice is anything Luke makes off of this property is profit, because it was just thrown in the package, clearly. That happens. It's hilarious.
Jack: We have two Lukes that I know about in our group. One's brand new, and one's really seasoned. I wonder which one this is.
Jill: I think I know, but I'm not sure.
Jack: Based on the spelling and punctuation, I think it's the new guy.
Jill: I don't know. He's not that new, by the way.
Jack: Oh, I'm sorry.
Jill: It's okay.
Jack: The new guy can write. The more established Luke, it feels like this punctuation's [crosstalk 00:03:17].
Jill: Oh, god.
Jack: Maybe it because he makes so much [crosstalk 00:03:20].
Jill: Time waster.
Jack: Yeah,