Less Deals but More Money per Deal
Transcript:
Jack Butala: Jack, Jill here.
Jill DeWitt: Hi.
Jack Butala: Welcome to the Jill Jack Show. I'm Jack Butala.
Jill DeWitt: And I'm Jill DeWitt, broadcasting this week still from sunny Southern California, where nobody seems to talk about the inevitable earthquake. Although I just heard an article about that. I don't know. It was really kind of funny, because it was all about this woman that just did a talk recently that really letting us know that you guys are way ... we're like 100 years overdue from something really massive. It was funny because she was trying to educate everybody, and one of the people in the article piped in that what we all do is we all stock up on supplies like water, but then we use them all, which is true. We're even as guilty-
Jack Butala: I know.
Jill DeWitt: ... like we'll buy these extra cases of water, and then we drink them all down to nothing.
Jack Butala: I know.
Jill DeWitt: And then we go a buy bunch of them; we drink them all down to nothing.
Jack Butala: Right.
Jill DeWitt: So, we're really never stocked up. Fully stocked up.
Jack Butala: There's a boat solution for this.
Jill DeWitt: Yeah, but is there a ton of water on the boat?
Jack Butala: Yes, there is.
Jill DeWitt: Oh I did not know that, but I got to make it to the boat. That's the only thing. So, if I get to the boat ... if I'm at home [inaudible 00:01:02] for bed.
Jack Butala: We'll be okay. I mean, I think it's just funny, because you watch on the news, it's like, "Oh man. There's a really bad earthquake in Peru." And everybody sits around, and says, "Well, it's not going to happen here."
Jill DeWitt: That's too bad. Yeah, we all say, "Oh wow. Look what happened to them."
Jack Butala: I know. It's terrible. It's terrible.
Jill DeWitt: Totally. I was watching I think the other night too on social media. And here in Palos Verdes Inn, it was showing right by Terranea — this big resort — and it showed the last however many years, how the land has eroded, and this ... It was like all these photos from 100 years ago and 50 years ago, and how the cliffs have changed, and how much less there is.
Jack Butala: Smart Jill.
Jill DeWitt: Thank you.
Jack Butala: You looked into this stuff.
Jill DeWitt: From stuff that fell off into the water.
Jack Butala: It's nice to talk to you. This is the only time we talk to each other.
Jill DeWitt: It's kind of funny.
Jack Butala: Right on the show.
Jill DeWitt: You know what? Even though we might we three doors from the beach, in 50 years we will be front and center.
Jack Butala: That's exactly-
Jill DeWitt: Exactly. That's why we live here.
Jack Butala: Riverside might be ... if this earthquake happens, that might be ocean [crosstalk 00:02:04].
Jill DeWitt: That might be front and center. That's true. We're going to be like Catalina out there.
Jack Butala: This show is supposed to be entertaining but also about real estate investment.
Jill DeWitt: Right. Oh I'm sorry. We have something to talk about. I thought that was the show.
Jack Butala: Today, Jill and I talk about less deals but more money per deal.