Land Academy Unimaginable REI Group Success So Far
Jack Butala: Land Academy Unimaginable REI Group Success So Far. 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 today. We show you how to buy property for half of what it's worth and resell it the next day. Great information from Jack, that's me.
Jill DeWit:
And inspiration from Jill, that's me.
Jack Butala:
Here's some funny stuff that's happened to us recently.
Jill DeWit:
Talk about reach.
Jack Butala:
I love reach.
Jill DeWit:
I love it. Talk about reach. I was looking through Success Plant, that's our online communication forum, and I saw a guy asking about if our strategy will help him buy villas and Arabian ranches in Dubai. I'm not kidding.
Jack Butala:
No, I didn't see that at all.
Jill DeWit:
And he was really going, "Hey, how well does this work?". And it was really kind of funny. He's like, "I travel all the time there." And one of our other members piped in and said, "Yeah, this does work. Send them all a letter." It was the funniest thing.
Jack Butala:
I wonder if he can get ownership data. That's the whole key.
Jill DeWit:
In Dubai. Isn't that hilarious? Can you imagine writing a letter to all the sheikhs?
Jack Butala:
No. No, I can't.
Jill DeWit:
You're hitting up all these sheikhs. I bet one of them would say yes.
Jack Butala:
I bet there's be some security issues if he sent some low-ball offers to a lot of people in Dubai.
Jill DeWit:
How cool. That's very funny. Yes, but don't make them mad.
Jack Butala:
That is funny.
Jill DeWit:
Is that hilarious?
Jack Butala:
Every once in a while I get a question like that, like does this work in another country? And so. Hey, somebody send some letters out in Dubai and let us know.
Jill DeWit:
I know. I'm thinking how cool is that. You can walk around saying, "I bought something from a sheikh. I bought a piece of property from a sheikh."
Jack Butala:
Or sold one to a sheikh. We have sold a lot of property to people from that part of the world.
Jill DeWit:
Yes, that's true.
Jack Butala:
Hey, in this episode, Jill and I talk about the unimaginable REI group success we've had so far. So great show today, I just have a smile on my face saying that sentence.
Jill DeWit:
Good.
Jack Butala:
So, before we start, lets take a question posted by one of our members on successplant.com, our free online community.
Jill DeWit:
Okay. JP wrote, "Just wanted a quick reminder, if anyone can recall, how much is it that Steve says we offer on a forty acre parcel? I know for five acres we offer five hundred dollars, which is a hundred dollars an acre. Is a hundred dollars an acre for a forty acre okay? Just wanted to make sure I stick to the formula because it's been working."
Jack Butala:
Nice.
Jill DeWit:
Right? "There's a forty acre parcel available with back taxes on it. So at a hundred dollars an acre that's four thousand, and I didn't know if that was relatively high or low. Where should I be with my initial offer?"
Jack Butala:
JP, we all know you and love you and you are right on, but I am going to make this comment. You are right on for property that is West of the Mississippi within reason. Lately, a lot of people in our group are having a ton of success. There are more and more, and rightfully so, asking for hard, fast, square engineering-type solutions and answers to some of these things. I have to tell you, there's some art to this to. You can't just say a hundred dollars an acre across the board. It goes up and down,