How to Buy a House Without an Agent
Jack Butala: How to Buy a House Without an Agent. 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 for Land Academy. Welcome to our Cash Flow From Land show. In this episode, Jill and I talk about why you don't need and really shouldn't use a real estate agent to buy or sell your primary residence, or your house. Jill, I love this topic. I'm really glad we're actually talking about it on the air, but before we do, let's take a question like we always do from a caller.
Jill DeWit: Okay. Frank, from Texas, called in and left us this question. "A lot of my buyers are concerned about available water on the land I'm selling. What do I tell them if I don't know the answers?"
Jack Butala: Water is a big topic. You mind if I just jump right in?
Jill DeWit: Yeah, go right ahead.
Jack Butala: Water is a big topic for everybody, especially out West here, but I think everywhere water's a big topic. Now more than ever, here's the good news. There's a tremendous number of alternative ways to capture water or reclaim water or even distill it. You can distill saltwater at a pretty good yield, actually, if you just spend a few minutes on the Internet and figure out what's involved in the whole thing. There's rainwater reclamation.
I think what this person actually is saying, what Frank is asking is, how deep is the water table and can I drill a well and how much does it cost? I think that's what people, when they ask this question about water, is how deep's the water table. If you drill far enough just about anywhere, you're going to get water. A lot of times, in certain places especially, with the type of soil and things, the deeper it gets, it becomes cost prohibitive.
Jill DeWit: I agree. A well is not cheap.
Jack Butala: Right.
Jill DeWit: You know what was interesting, one of the ones that I love, my favorite, is the people that just truck it in, people that have their own resources there. They've invested, not a lot of money, not even $1000, in units to store water.
Jack Butala: That's right.
Jill DeWit: There, maybe it's their weekend getaway or something. They're not living on it full-time and they truck it in themselves and just fill up their thing. Other people have it delivered. You can have it delivered once a month, have enough for...
Jack Butala: The whole world does this.
Jill DeWit: Right.
Jack Butala: We're the only ones who just turn the water on in the sink and then run it for whatever and it costs 13 cents.
Jill DeWit: Isn't that funny? We make a big deal about it when it really doesn't have to be a big deal.
Jack Butala: Jill and I go down to Mexico all the time and they have water systems that involve storage tanks on their roofs, everywhere.
Jill DeWit: Everywhere. Every single home.
Jack Butala: Right.
Jill DeWit: Every home has their own thing on the roof.
Jack Butala: It's a normal course of everything.
Jill DeWit: Yeah, it's not a big deal.
Jack Butala: They don't have a reliable source of water like we do. When I think about that sometimes, when I really start to think about, especially when we go away somewhere and it's like that, you know, we're nuts in this country. We just take it for granted that water comes out of t...