First Step is Always Research
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: And I'm Jill DeWit, broadcasting from sunny Southern California.
Jack Butala: Today, Jill and I talk about how the first step to anything, especially real estate investment, is researched.
Jill DeWit: Well, you know what, Jack? I have to say, you by nature, that is your first step to anything. I'm talking having a kid [inaudible 00:00:28] research.
Jack Butala: Do you think that's demented or positive?
Jill DeWit: Demented. I'm just kidding.
Jack Butala: So, on a scale of one to 10, how much does this bug normal people who are walking around who just wanna live their life?
Jill DeWit: How much-
Jack Butala: And the person that they've always gotta pull their phone outta their pocket cause everybody wants ice cream and you have to find the best ice cream place.
Jill DeWit: And the cheapest.
Jack Butala: And the closest.
Jill DeWit: And the one with the most reviews.
Jack Butala: Uh-huh.
Jill DeWit: On a scale of one to 10, it's probably an eight.
Jack Butala: So, your relationship with me on a scale of one to 10 is an 80% pain in the butt.
Jill DeWit: Yes, but I've learned to live with it. No. So, here's the reality. See, this is where I benefit, because for me, by the time it gets to me that you say, "We should go to this Chinese restaurant. They have the best noodles in town." Oh, I know that's true because you have pulled it from eight different sources and run an algorithm based on the responses and you weeded out any possible non-legit commenter or person who rated this restaurant so I know it's gonna be good.
Jack Butala: I'm blushing from getting a compliment from [inaudible 00:01:35]. I am, I'm serious.
Jill DeWit: Good. You should feel good.
Jack Butala: It'd probably disgust 80% of the people who listen to this call, by the way, are disgusted by this whole thing.
Jill DeWit: Love it.
Jack Butala: Before we get into all that, let's take a question posted by one of our members, on the jackjill.com online community [inaudible 00:01:57].
Jill DeWit: Okay. Gerald H. asks, "Are any of you using online payment processing to wholesale land? If so, what processing are you using? PayPal, Moon, Clark, etc. I have a buyers list of over 400 people and growing. I'm asking this because some of them are asking me this. I'm wholesaling some of the deals and I have the traditional ways that takes time." So, one of our members already piped in. Luke S. wrote, Heartland is almost done. And actually, as of printing this, it is done, it's available and we have it all so we'll get to that-
Jack Butala: Heartland is a credit card payment processing system that we provide.
Jill DeWit: Right. So, it's almost done, which it is done, then plan to add on the shopping cart options for ACH, BitCoin, Apple Pay, Union Pay, AliPay, WePay from WeChat, and whatever else you can figure. I can figure fine.
Jack Butala: So, Luke, clearly ... Not to interrupt you, Jill, but I guess I am anyway.
Jill DeWit: Too late.
Jack Butala: Luke clearly...