Family Life gets in the Way
Transcript:
Jack Butala: Jack and Jill here.
Jill DeWit: Hi.
Jack Butala: Welcome to the Jack Jill show entertaining real estate investment talk. I'm Jack Butala.
Jill DeWit: I'm Jill DeWit, broadcasting from sunny southern California.
Jack Butala: Today, Jill and I talk about how family life could potentially get in the way of your real estate career, but the way that I see it, it only enhances it.
Jill DeWit: True.
Jack Butala: Does family life really get in the way, Jill? We don't know yet. Does your family just hold me back? That's really what this show is about.
Jill DeWit: You know what? Actually, I concur about that. Part of my family doesn't get it and the other family does get it.
Jack Butala: Really? I can't wait to hear this.
Jill DeWit: Uh-huh (affirmative).
Jack Butala: Before we get into this, let's take a question posted by one of our members on the jackjill.com online community. It's free. I'm Jill's family, by the way.
Jill DeWit: Gerald H. asks, I'm coming across properties that have no address or parcel number. All I have is book, lot, et cetera. How do I find the layout if the land is like this? Is there site I can use to find parcel lines?
Jack Butala: Can you believe somebody asked that in our forum? It's a fantastic question and Jill and I struggled with this for two plus decades, this exact simple issue, so we created a company and a website called Parcel Fact. F-A-C-T.com. You type in the APN and it shows you where the property is.
Jill DeWit: Yep.
Jack Butala: It's magical. Everybody loves it.
Jill DeWit: Exactly.
Jack Butala: It's changed our life. It changed the way we buy real estate forever.
Jill DeWit: Exactly.
Jack Butala: The way we buy land, anyway.
Jill DeWit: Every property has some identifier. It sounds like you're looking at the legal description and not the parcel number.
Jack Butala: The assessor, in every county that I know of, is assigned a number called an APN, Assessor's Parcel Number. You type that, state, county, APN in, and bang.
Jill DeWit: Right.
Jack Butala: You get the data.
Jill DeWit: Exactly.
Jack Butala: Truly amazing, actually.
Jill DeWit: Yeah. Dig a little deeper. Figure out what that is, for that property, but not having an address, that's super common, by the way, in our world.
Jack Butala: Yep.
Jill DeWit: I'm shocked when I pull up a property and it does have an address. I'm like, "Wow! That's kind of cool," but most of the time, it doesn't have an address. That's cool.
Jack Butala: Even then, if it does have an address and it's a piece of land, you just don't get the data because all the people that concentrate on data on this planet are obsessed with houses, which is fine. It just works for us.
Jill DeWit: Exactly.
Jack Butala: Today's topic, family life gets in the way, or does it? This is the meat of the show. Tell us, Jill. Does family life get in the way of your real estate career?
Jill DeWit: Not if I sit them down and talk about what's going on ahead of time.
Jack Butala: Really?