From Where You Come
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 meeting people from where they come, specifically sellers. Jill's a pro at it.
Jill DeWit: Thank you.
Jack Butala: She's going to tell us the secrets and I'm going to tell you why I'm not the person the seller talks to in our little group here.
Jill DeWit: I don't think it's a hard ... Do you really think it's a talent? I mean, do you think that ...
Jack Butala: I think it's a talent.
Jill DeWit: Do you think everybody can do it?
Jack Butala: Nope.
Jill DeWit: Really?
Jack Butala: I think I can't do it.
Jill DeWit: Have you tried?
Jack Butala: Not for a decade.
Jill DeWit: Well, maybe if you try, you'd stand a better chance.
Jack Butala: I'm more comfortable ...
Jill DeWit: Passing it off to me.
Jack Butala: With my head in the computer.
Jill DeWit: Uh-huh (affirmative). That's a good thing you're good at that.
Jack Butala: Before Jill figures out what's wrong with me on this episode ...
Jill DeWit: No.
Jack Butala: ... Let's take a question posted by one of our members on the JackJill.com online community. It's free.
Jill DeWit: Ryan asks, "Hey Jack, as a follow-up, I wanted to thank you so much for your podcast. Having learned a ton these past few months, you covered my purchase of six acres outside Austin for $12,000 on the podcast. We recently received an offer for $100,000, but turned it down." Oh my gosh!
"We're getting the parcel rezoned and adding physical access and to hopefully further increase its value and have added five other large parcels since. One bought for $8,000 and looking to sell for $30,000 plus. One for $25,000, with a lot of interest at $50,000 to buy, and three others we're sorting through contracts." Oh my gosh!
Jack Butala: Wow!
Jill DeWit: "I've only been at this for three months, but I know the insight I've gained from you both has dramatically shortened my learning curve. Keep inspiring others. This is really a game changer. Thanks again, Ryan."
Jack Butala: Can you imagine? I mean, they're sitting on a quarter of a million dollars of equity.
Jill DeWit: Uh-huh (affirmative).
Jack Butala: They don't know what they're doing yet.
Jill DeWit: Uh-huh (affirmative). Isn't it awesome?
Jack Butala: I'm liquid proud.
Jill DeWit: I'm so glad.
Jack Butala: Truly amazing, Ryan.
Jill DeWit: I'm like, this is one of the things that is mind-boggling to me too that I can't think of any other business where you could ramp up this fast.
Jack Butala: Right.
Jill DeWit: I mean, three months? That's insane. Nobody gets that kind of returns. I don't care what kind of shop or store or whatever you do, you certainly can't get a college education in three months to be a lawyer or something. I mean, come on.