Hire Only Experts
Jack Butala: Hire Only Experts. 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 Butala:
Jack Butala from Land Academy. Welcome to our Cash Flow From Land show. In this episode, Jill and I talk about why you should only hire experts to help you succeed in the land business and probably really anything else for that matter. I think I'm including us in that. I know I am. Great show today. As always, we're going to tell it just like we see it, call it like we see it. Before we get right to the topic, let's take a question from a caller.
Jill DeWit:
Okay. Barry from Portland called in and asked, "I know I want to be in this business, and I'm thinking about my first property. Should I try on my own first? With a mentor? When will I know I'm ready?" Steven, you wanna weigh in first?
Jack Butala:
Yeah, my short answer is yes, yes and yes.
Jill DeWit:
Right.
Jack Butala:
Jill and I have had the great fortune of having a ton of members by now. I mean company's, the Land Academy company is only a year old, Jill?
Jill DeWit:
Mm-hmm (affirmative).
Jack Butala:
A year-and-a-half or so. The land company itself is a decade-and-a-half old, plus. We've got a lot of experience. What I'm noticing is that these first, what I call the first deal jitters, apparently what Barry has a little bit here from Portland. Getting past that first deal is a bigger issue than I thought it would be ...
Jill DeWit:
It's huge.
Jack Butala:
... for a lot of people, and a lot of our members.
Jill DeWit:
It's huge.
Jack Butala:
Jill, go ahead. You always have a pretty consistent answer with this. Go ahead. Well, how would you answer it? I kinda answered it.
Jill DeWit:
Should I try on my own? Yes. With a mentor? Preferably. Gosh, when will you know you're ready? You won't. That's what I say.
Jack Butala:
Like children.
Jill DeWit:
You don't know you're ready. You just have to dive in. It's like jumping off the deep end. You're going to jump in, you're going to be fine, you're going to swim, you're going to be okay, but you have got to just do it. Yes, you're going to be clunky at first, you might make a few mistakes at first.
Jack Butala:
You have to just do it, man.
Jill DeWit:
You might over pay for a mailer or something stupid, you know what I mean.
Jack Butala:
Not with us you won't.
Jill DeWit:
You know what I mean. But you learn. You will figure it out.
Jack Butala:
Buy a property. If you are concerned about this, Barry from Portland. Buy a property, somewhere that you can find one, it doesn't have to be from us or anywhere. Go on land watch, find the cheapest property you can find, I don't know a couple hundred bucks, buy it. Deed it to your wife, have it deeded to yourself so you get all of that out of your system. In my opinion it is very easier to deed a property to someone than it is to register your car. Re-post it on land watch. Whatever your talents are, re-post it on land watch or anywhere else that you can find on the internet, Zilla, Trulia, for twice as much. If you are paying two or three or four hundred bucks, list it for 8 or 9 hundred, and take the best offer. Go through the whole process without the intention of making a ton of money but just to get it out of your system and just get past it.
Jill DeWit:
Mm-hmm (affirmative).
Jack Butala:
That's my answer for that.
Jill DeWit:
That is exactly what I say too. Same thing. Then I tell people the same thing, it is funny because you can find things under $500. You're not worrying about it, you only spent $500, kind of thing. If it takes weeks while you figure this out and then just sell, who cares.