Money Should Rule All Decisions in Your Business (LA 896)
Transcript:
Steven Butala: Steve and Jill here.
Jill DeWit: Hello.
Steven Butala: Welcome to Land Academy Show. Jill's doing a little dance for us.
Jill DeWit: I was trying to figure out where I am in this shot ...
Steven Butala: Entertaining land investment talk. I'm Steven Jack Butala.
Jill DeWit: And I'm Jill Dewitt, shimmying my way to be in the shot, broadcasting from sunny, southern California.
Steven Butala: Today, Jill and I talk about how money should rule, or be at the root of, every single decision you make in your business. This week is your business week. You're the owner of your business week.
Jill DeWit: Business owner week.
Steven Butala: I don't know what the real title is.
Jill DeWit: I thought it was Business Owner Week.
Steven Butala: Oh, Business Owner Week. That's it.
Jill DeWit: Yes, thank you.
Steven Butala: Before we get started let's take a question posted by one of our members on the landinvestors.com online community. It's free.
Jill DeWit: Aaron asks, “Hey, guys. I have a rental house in Dallas. I'm in Vancouver. I need to sell this puppy ASAP.”
Steven Butala: I understand. Been there.
Jill DeWit: Yep. “Currently I have management cleaning and making repairs. I'm thinking Flat Fee, MLS, Zillow, Craigslist, Facebook, pay a guy $50 to put a sign in the yard, pay a realtor a $100 to put a lock box on it, and hold open houses until it sells. Then have title do the paperwork. Is this a sound plan, or is this a better way? Anything I'm missing? Any thoughts are appreciated. Thanks.”
Steven Butala: You nailed it. I will add one thing to your to-do list there, professional pictures.
Jill DeWit: Yeah. Great description, professional pictures.
Steven Butala: Even if it's an awful house it doesn't matter. If you get your own shots and ...
Jill DeWit: It's in Dallas.
Steven Butala: It'll sell fast.
Jill DeWit: I have a pro photographer, like he does everything from skateboard movies to photography, and stuff, in the Phoenix area. I have an awesome guy. Wasn't help him in Dallas.
Steven Butala: We have a lot of members in the Dallas area. Was it in Dallas?
Jill DeWit: Mm-hmm (affirmative).
Steven Butala: Lots of members in the Dallas area, like 35% of our members are from that Dallas-Fort Worth area. I would definitely put this in the deal board on Land Investors ... This is Aaron, who's a member, probably, right?
Jill DeWit: If it's the Aaron I'm thinking of, yes.
Steven Butala: Put it on Land Investors deal board, and you will get offers. They may or may not work for you financially, but there are people who buy a lot of rental houses in our group.
Jill DeWit: Yep. In the area.
Steven Butala: In that area specifically.
Jill DeWit: Couple I can think of offhand right now.
Steven Butala: You can name their names if you want unless you think it's not ...
Jill DeWit: Well, there's another ... I can't remember the second one, but anyway ... They'll come to you.
Steven Butala: Justin Sliva, who does this Friday show with us sometimes, he buys rental houses all the time for one group.
Jill DeWit: Yeah. There's one more in there right now that I'm thinking of,