Is Your Property Deal Good Enough? (LA 1264)
Steven Butala:
Steve and Jill here.
Jill DeWit:
Howdy.
Steven Butala:
Welcome to the Land Academy Show, entertaining land investment talk. I'm Steven Jack Butala.
Jill DeWit:
And I am Jill DeWit, broadcasting from sunny Southern California.
Steven Butala:
Today, Jill and I asked this question. When is your deal good enough?
Jill DeWit:
Let me back up. Here's the reason we're talking about this. I'm getting a lot of crappy deals sent to me for deal funding. So we launched into a whole long discussion about what the heck is going on. So I thought, we thought, let's make this a show today and just make sure we're all doing the right thing in looking at deals and picking the good ones, and what should you be looking for.
Steven Butala:
This whole week, really the underlying theme here, the unwritten theme is I don't get it, and I mean me. I don't get what's... There's a theme going on in our group. It's all... It's not our group. It's people that are... They are people that try to do this without being educated.
Jill DeWit:
Right well, and-
Steven Butala:
But that's the thing here.
Jill DeWit:
That's just to say, it's like doing this halfway.
Steven Butala:
Yeah, halfway. That's it, that's a nice way to say it.
Jill DeWit:
If you're going to go at this halfway, you're going to get halfway results. And don't get mad at anybody else with at your halfway results. So that's the truth, right?
Steven Butala:
I couldn't. That's a nice way to say it.
Jill DeWit:
Could you imagine?
Steven Butala:
That's the mom way.
Jill DeWit:
I'm going to go with this relationship halfway. Let's see how it goes.
Steven Butala:
I've tried that.
Jill DeWit:
Yeah. That's hilarious. How'd that work out?
Steven Butala:
I'm still sitting here.
Jill DeWit:
Oh. Not with me?
Steven Butala:
No. No, I was just-
Jill DeWit:
You didn't do it with me halfway. Or this is you halfway?
Steven Butala:
No. Lately, I like-
Jill DeWit:
Wow. What's you a 100%. Because halfway is pretty good.
Steven Butala:
Lately, I'm saying stuff, sentences like this to myself when no one is around. "You know, it can't be that bad, because look where I am right now. Look at my life. Look at the situation. Look at Jill and the kids and we live on the ocean." Then I go right back to, "Nope, this isn't working."
Jill DeWit:
Oh, I'm sorry. I'm thinking of the things right now I want to do halfway, like parenting.
Steven Butala:
Oh that's a [crosstalk 00:02:14].
Jill DeWit:
I'd like the parent halfway. I'd like to diet half way.
Steven Butala:
Keep going.
Jill DeWit:
I'd like to run my household halfway, just kind of whatever. Let's see, what else?
Steven Butala:
I like being in a relationship halfway. It's perfect.
Jill DeWit:
Now, now, halfway... Oh, come on.
Steven Butala:
I'd like it.
Jill DeWit:
Okay.
Steven Butala:
Because it would never work.
Jill DeWit:
Here's the things that I do take seriously, fun, goofing off, vacations, time away from the house. I take that very seriously. I do that a 100%.
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:
Eraldo says, and I have a comment here, because I saw, Eraldo, your post online. He has a whiteboard and he put, "First deal done."
Steven Butala:
Oh good.
Jill DeWit:
He got his first sale and I'm like, "Yeah."
Steven Butala:
Great. Excellent.
Jill DeWit:
So, I want to say, keep that up on social media, by the way, and keep updating your deals. I can't wait to see how it goes. I think I said a little-
Steven Butala:
Makes us proud.
Jill DeWit:
It does.
Steven Butala:
Makes us feel like, "Wow, we are actually helping people." Because Jill and I aren't here to ... This is not a profit center for us. Real profit center is that 7 million deals that Jill's doing right now. That's the real magic.
Jill DeWit:
Yes.
Steven Butala:
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