Find any Property with PacelFact.com (CFFL 414)
Recording Location: LATITUDE / LONGITUDE: 33.788937, -118.410360
Jack Butala: Jack Butala with Jill Dewit.
Jill Dewit: Hi there.
Jack Butala: Welcome to our show today. In this episode, Jill and I talk about how to find a property ... really, any property, with parcelfact.com. It's one of my favorite. It is my favorite product that we are rolling out here, in just a couple weeks.
Before we get into it, let's take a question posted by one of our members on the Land Academy / Land Investors online community, it's free.
Jill Dewit: Cool.
David V asked, or stated ... I like this even better.
Jack Butala: I had to put this in here.
Jill Dewit: "Great deal to brag about." What day was this? Was this, how recent was this?
Jack Butala: Really, really recent.
Jill Dewit: Oh, good. Okay.
Jack Butala: I got these questions and all of them for this week, right off of success plank. Copy and paste.
Jill Dewit: Cool. All right, "Great deal to brag about. Just did a deal that produced over three thousand percent return." Oh my gosh. "Two acres. Paid five hundred dollars".
Jack Butala: Wow.
Jill Dewit: "I sold on terms. A thousand down, two ninety-nine dock fee, two hundred and five dollars a month, for seventy-two months."
Jack Butala: Wow.
Jill Dewit: Aw, and these people thought-, I'm sure think they got-, they're like, "We own two acres, now. I have to pay two hundred dollars a month for a while but I get to-, I bought those two acres."
Jack Butala: And they're probably buying it. I, if I know David, I do know David ... they're buying it for half of what it's worth.
Jill Dewit: Mm-hmm.
Jack Butala: Seriously.
Jill Dewit: And then, here's two more things. He said, "The best thing about the deal, is that I never communicated with the buyer."
Jack Butala: Well, that is the best thing.
Jill Dewit: "I just woke up one morning, to the sale in my inbox." Love it. I know-
Jack Butala: People pay for publicity like this.
Jill Dewit: I was going to say, David-, this is the same David who is-. This is the same guy who said, "I never lost twenty thousand dollars on a land deal."
Jack Butala: On a house deal.
Jill Dewit: Right. No, on a land deal. He never lost twenty thousand-, because he did on a house deal.
Jack Butala: Oh, right.
Jill Dewit: Because we were having this discussion one time, with all of our-, we were on a call, we had a big group on a call, and we were having discussion about flipping homes versus flipping land, and then David piped in, "Well, I never lost twenty thousand on a land deal."
Jack Butala: Right.
Jill Dewit: So, there we go. We know guys have lost millions. I mean, literally, a guy who lost a million dollars-
Jack Butala: Really.
Jill Dewit: Here, in South Bay, in Southern California. He bought this property, sunk so much money into it-
Jack Butala: Yeah.
Jill Dewit: Didn't sell, didn't sell, didn't sell. Took a million dollar hit.
Jack Butala: Gosh. That's awful.
Jill Dewit: I know.
Jack Butala: I mean, I remember that. We were-,