One Year Investor is Not a Veteran (LA 974)
Transcript:
Steven Butala: Steve and Jill here.
Jill DeWit: Good day.
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 sunny Southern California.
Steven Butala: Today, Jill and I talk about how being a one-year investor, a land investor, doesn't make you a veteran.
Jill DeWit: Exactly. So we'll help you with that.
Steven Butala: Before we get into it, though, let's take a question posted by one of our members on thelandinvestors.com online community. It's free.
Jill DeWit: Do you know I have three contacts in my eyes right now?
Steven Butala: What?
Jill DeWit: So if it gets a little blurry, I have a little trouble reading or focusing, this eye has one, this eye has two.
Steven Butala: What's that all about?
Jill DeWit: So here's what happened. Anyone who wears daily contacts knows how great they are/however they are so thin and so light. So you get them in, you get them out. Well, I went to take one out last night and I lost it. It's somewhere rolling around. I don't know where it is. I didn't want to dig. So this morning I got up and I gave it another quick look. Still couldn't find it, so it's like, well, here we go. So I popped another one in and I can kind of feel it. You wore contacts for a while, didn't you?
Steven Butala: I wore contacts for years and years and years and one day realized that I just don't care how I look and got glasses.
Jill DeWit: Got it. Well I love my contacts. So anyway, if I act a little weird on one eye, that's why. For those of you who are watching. Those of you who are listening are like okay, come on, Jill, move along.
Jill DeWit: Neil H. asks, "I'm closing on a property today through title with a hold open policy. First American title. Got it. I asked if they could record it quickly with the county, but there's no promise it will be. It may take two weeks or so to go through because it's a different department. Is there a reason I can't put it on the market today? The sale will close through First American title with the hold open. I don't believe there should be an issue marketing the property prior to being recorded. This is obviously on the buy side. Yeah, especially if everything went though a title and a deed has been signed, right? Thanks."
Jill DeWit: Okay. I have a few things to say. Yeah. First we're going to take a deep breath.
Steven Butala: Which one of us is going to blow our tops first?
Jill DeWit: I think you've been saving it up, Steven. I think you need the release more than I do this morning, so call me one eyed Jill and go right ahead.
Steven Butala: One eyed Jill.
Jill DeWit: ... It's all you.
Steven Butala: It occurred to me recently that there are two camps of real estate investors. Camp number one-
Jill DeWit: Oh no.
Steven Butala: Which is the camp Jill and I are in and most of the people in Land Academy are in, that understands completely and totally that they have control over a real estate deal and not only that, but probably everything else in their life. They can choose who they marry, they can choose-
Jill DeWit: Where they work.
Steven Butala: What type of car they drive, whether it's paid for or not, where they work.
Jill DeWit: Right.
Steven Butala: They can choose the exact date ...