Land Academy is a Performance Based Eco System (LA 1819)
Transcript:
Steven James Butala:
Steve and Jill here.
Jill K DeWit:
Hello.
Steven James Butala:
Welcome to the Land Academy Show, entertaining land investment talk. I'm Steven Jack Butala.`
Jill K DeWit:
And I'm Jill DeWitt, broadcasting from sunny Southern California
Steven James Butala:
Today Jill and I talk about how Land Academy is a performance-based ecosystem, I'm happy to report. When we started Land Academy in 2015 or launched it, I should say, I thought I knew all kinds of stuff. Well, it turns out I was wrong about everything and what's new about that. We started it to help a handful of people learn how we buy and sell land successfully to create a tiny little investment group where we could all do deals together. Well, mission accomplished there. The group got a lot bigger than we thought. I think there's about 480 members right now total. And we both have agreed to not allow the group to get larger than 500 people. So at times, Jill will close enrollment. I think you did last two months ago for quite some time for an entire month.
Jill K DeWit:
It's open right now.
Steven James Butala:
My 480 number is probably not right. It's probably closer to 500, but yeah, it's open right now. So it was all mission accomplished there. We found some great partners. We have got literally lifelong business partners now, but what we found throughout this, let's call it a little journey that I created for better, for worse, we've got this little performance-based ecosystem going on, where we're all communicating with each other.
And so when I watch this group grow, while this is kind of the show. Before I get into it, let's take a question posted by one of our members on landinvestors.com online community. It's free. And I hope by now you know we have a full-blown operational printing company called offerstoowners.com. And Jill and I set this company up a few years ago for ourselves because we were real frustrated about the level of misunderstanding from regular commercial printing companies that we were experiencing when we sent out our own mail campaigns. And so we were frustrated, we started our own, and now we do between 700,000 and a million letters on behalf of our members and non-members every single month. So check it out.
Jill K DeWit:
It's pretty cool.
Steven James Butala:
Support offerstoowners.com.
Jill K DeWit:
By the way, we are seven years this month.
Steven James Butala:
Oh, it is this month!
Jill K DeWit:
Seven years this month that was since we launched Land Academy. Oh, been a little while.
Steven James Butala:
Yeah. Wow.
Jill K DeWit:
Been a bit.
Steven James Butala:
It's actually eight years from the incubator stage, but seven years live.
Jill K DeWit:
That's what I'm saying, seven years since we launched. And no one asks anymore, "So who are you guys? What's your track record? And does this really work?" We don't have to answer those questions anymore.
Steven James Butala:
Yeah.
Jill K DeWit:
Which is really kind of nice. Now we answer, "Hey, my friend's doing your thing and I want to get in."
Steven James Butala:
Yeah.
Jill K DeWit:
Can I get in?
Steven James Butala:
It's not, "Does this work?"
Jill K DeWit:
Yeah.
Steven James Butala:
That's what happened for a year.
Jill K DeWit:
Yeah.
Steven James Butala:
I got tired of that.
Jill K DeWit:
I know, but we got it.
Steven James Butala:
I was in a bad mood for a couple years, actually.
Jill K DeWit:
That's funny. So there's actually a question here. I'm going to get to it. Steve wrote, "Went to contract today on my first section." Timeout, in case you did. Oh, he wrote it in here, a square mile, a whole square mile, 640 acres. He's buying it for $226,000, listing it for $499,000. I'm the JB funder and with a revenue share it's ranch land. Best use is as is. Unfathomable. That's awesome.
Steven James Butala:
So Steve's very, very experienced investor in our group and a very a...