How to Buy Cheap Unwanted Land (LA 906)
Transcript:
Steven Butala: Steve and Jill here.
Jill DeWit: Hi there.
Steven Butala: Welcome the Land Academy show, entertaining land investment talk. I'm Steven Jack Butala.
Jill DeWit: And I'm Jill DeWit broadcasting from sunny southern California.
Steven Butala: Today, Jill and I talk about how to buy cheap unwanted land.
Jill DeWit: This will be good. I like this.
Steven Butala: This could be podcast episode 0001 for us.
Jill DeWit: Isn't that cool?
Steven Butala: That's what I want it to be.
Jill DeWit: I love this.
Steven Butala: We're going to intentionally skip along the top and take a 35,000 foot view on what it takes to basically buy ... how to source it, locate it without all the crazy details. Oh my God, do I deed it like this? Somebody's dead in the deal. Forget about all that. Just basic stuff like it's 1994 when I started.
Jill DeWit: That's it. I want to share just the big picture of why we are here.
Steven Butala: Awesome.
Jill DeWit: Thank you.
Steven Butala: Before we get into it, though, let's take a question posted by one of our members on the landinvestors.com online community. It's free.
Jill DeWit: Marcus asks in my google sheets I have a column with acreage for the parcels ranging from one to five acres. Is it possible to multiply the acre size by my offer percent and then have the new number offer price show up in the next column over? This sounds like an Excel question.
Steven Butala: It is.
Jill DeWit: I think. You know what, I would like to back up and just pause and say, "This is how cool our community is." You can even ask this simple, not property related, not pricing related, just like a formula related question in our online community, and somebody will answer and help you. You want to answer that now without getting in too much detail? Can you do it easy?
Steven Butala: I will not get into any detail.
Jill DeWit: Okay.
Steven Butala: I have been doing Excel.
Jill DeWit: It's true.
Steven Butala: I have been using Excel, pushing the limits of Excel, since it was created, since it was on a floppy disk.
Jill DeWit: Exactly.
Steven Butala: And before that, there was this thing called Lotus 123 before actual Excel, and I'll tell you this, and I'll answer the question on this. I have yet to even come close to exceeding what Excel is capable of.
Jill DeWit: Right.
Steven Butala: I bet I know 1-2% of what Excel's actually capable of.
Jill DeWit: Shut up, and you have PhD in that.
Steven Butala: Yeah.
Jill DeWit: Wow, all right.
Steven Butala: Both live events last ones that we did, there were people there who were teaching me things about Excel literally, which I love them. I think it's great.
Jill DeWit: That's funny.
Steven Butala: You know, once time I was reading this thing about Neil Peart, the drummer of Rush, you know, wildly accepted as maybe one of the best rock drummers that there's ever been, and he takes a regular lesson even now. They're retired. He takes a drumming lesson every Friday.
Jill DeWit: That's cool. I didn't know that.
Steven Butala: Yeah, because it's-
Jill DeWit: From whom?