Land Academy vs Self Starting (LA 727)
Transcript:
Steven Butala: Steve and Jill here.
Jill DeWit: Hi.
Steven Butala: Welcome to the Land Academy Show, entertaining land investment talk. I'm Steven Jack Butala.
Jill DeWit: And I'm Jill DeWit, broadcasting from beautiful sunny Southern California.
Steven Butala: Today Jill and I talk about Land Academy versus self-starting. Really, just getting some education, where no matter where you get it versus self-starting. It's land education week here on the podcast.
Jill DeWit: Yes, it is. If that's not exciting, I don't know what is. Isn't that funny? It's like when you meet people, they're like, "Hey, so what do you do?"
"Land."
"Well, nice talking to you."
Steven Butala: Yeah. "Good to see you." Did you ever sit in a class in high school and you're staring at the teacher whose about 180 years old, and you say to yourself, "How can this guy teach this stuff every single year talking about the same stuff?"
Jill DeWit: Oh, this long. Good point. Doesn't algebra get old?
Steven Butala: When you're a kid, you're like, "Oh, he must really be into it." But then when you get a little older like we are, you realize it is just as painful, maybe more, for the teacher to teach that stuff and talk about it over again as it is for you to sit there and listen to it. That's not too far off for what's going on for us here.
Jill DeWit: I've told the kids, they're like, "Oh, my gosh, right now, the end of the school year is coming. I can't wait." And I tell them, "Your teachers feel that way too. Cut them some slack." If there's a movie day, there's a reason why. They're sick of you, too.
Steven Butala: There's probably a heroin day for your teacher.
Jill DeWit: Crazy.
Steven Butala: Let's take a question posted by one of our members on the LandAcademy.com, online community. It's free.
Jill DeWit: Okay. Steve asked, "I'm running into limitations with my ACH provider relationship my bank is using. No recurrent withdrawals for non-business relationships and limited list of approved banks for my buyers." That stinks. "What are the other options out there that you are all using to do ACH transactions? Viewpost.com is what I'm most familiar with. I looked into Zelle, but that does not meet my needs. Thanks for any feedback on this, Steve."
Steven Butala: We use Heartland [00:02:18].
Jill DeWit: And credit cards.
Steven Butala: Yeah. In fact, I love where you're going with the ACH and I understand it, but I prefer to take credit cards for a lot of reasons. And it's a little bit more expensive. I know. It's actually a lot more expensive for us, but it turns out we have our property priced so we take that into consideration, so it's no big deal. And for a lot of reasons, I like it.
Jill DeWit: There's a layer of security with credit cards verus ACH.
Steven Butala: I think so, too.
Jill DeWit: I hear ...
Steven Butala: Yeah. There's charge-backs. I'm very familiar with all the pros and cons, but -
Jill DeWit: I'm not a huge fan. I hear people want ACH just because it's cheap. That's the only reason, and I'm not a fan for going with the cheapest because the cheapest is not always the best.
Steven Butala: That's for sure.
Jill DeWit: Thank you. I had to get that out. Like jewelry,