Land Investment Opportunity Zip Code by Zip Code (LA 758)
Transcript:
Steven Butala: Steve and Jill here.
Jill DeWit: Hello.
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 San Francisco, California.
Steven Butala: Today, Jill and I talk about land investment opportunity zip code by zip code. Hey, it's like Fourth of July today, right?
Jill DeWit: Fourth of July, I was just going to say Yay! Happy Fourth of July. I wonder how many people are listening because no one's going to work today.
Steven Butala: Yeah, so either a lot of people are listening, or they have better stuff to do,
Jill DeWit: Exactly. Maybe they're all listening around the barbecue to this show right now with a beer in their hand-
Steven Butala: That'd be good.
Jill DeWit: ... and a red, white, and blue hat.
Steven Butala: Maybe they're on the land that they bought-
Jill DeWit: Celebrating.
Steven Butala: ... cooking hot dogs with that-
Jill DeWit: I'd love it.
Steven Butala: ... worn-out baseball hat, and just a hat full of happiness because they saved half price on the property they have.
Jill DeWit: I think that's awesome.
Steven Butala: I do, too. Before I paint a different picture like that, let's take a question posted by one of our members on the landacademy.com online community. It's free.
Jill DeWit: Nat asks, "Hi, guys. I have a deal that I'm about to pull the trigger on, but it's a step out of my traditional purchase criteria. I bought all small info lots up until now, about 20 total.
Steven Butala: Good for you.
Jill DeWit: This one is $10,000 for 10 acres and without physical access. I did make a three to four minute video so you can see, to make it easy for you. If you don't mind watching it and letting me know if it's an issue, or if you think that it's fine, and if you have any advice on final due diligence that I should complete before proceeding." He put in here, this is so great, the video link so everyone on that thread could look at the video and look at the property and all that good stuff.
Steven Butala: I've watched it, and Jill hasn't, and that's okay.
Jill DeWit: Do you want me to keep reading?
Steven Butala: Yes, absolutely.
Jill DeWit: Okay.
Steven Butala: I'll talk about it at the end.
Jill DeWit: Okay. Now it goes on to say, "Here are some side questions that I have. The seller says it's behind a locked gate, so I don't know if I'll be able to get a photographer in there before we open escrow. Does that concern anyone? I think it's fine, but I'd like photos before it's closed, or at least before it's listed. What other due diligence would you do? I plan to double-check what the deal is with the wells in the area, septic in the area, and zoning. Taxes are okay, and I'm closing with title. Thanks, Matt."
Steven Butala: All right, Matt, I watched the video, and I think it's a fantastic property in a fantastic county, in California I think it is. I think that, in a different situation, it could be a multi-million dollar property. I think it's got some elevation issues that you probably can get around. It looks to me like it's got legal access, but not physical access because of this gate situation. I'm not going to give you just an absolutely you shouldn't do it,