Our Current Flip Tool Line Up (1032)
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 Jill Dewit, broadcasting from sunny southern California.
Steven Butala: Today, Jill and I talk about our current flip tool line up. Years and years and years in the making and it all comes down to this. We have developed, just through the nature and the course of improving our own land flipping business, all these tools. When we started Land Academy everybody said, "Well, can't we use that tool to do it?" Through over the years, since 2015, Jill and I have web enabled our tools for everyone to use in the group and that their response has been fantastic. So Jill will get into in a second.
Jill DeWit: It's going to be good. Some of them, we are licensed providers and I'll share that. And some of them that we flat out created because they didn't exist, and we needed them.
Steven Butala: There's a lot. We charge, in my opinion, a very small subscription fee to access all these tools that we've been developing. I've been developing since the 90s and how to use them, with the education on how to use them.
Jill DeWit: And it's not cheap.
Steven Butala: It's worth spending an episode on. Let's put it that way.
Jill DeWit: Exactly.
Steven Butala: Yeah. Before we get into it though, let's take a question posted by one of our members on the landinvestors.com online community. It's free, and before we get into Jill, I'm going to tell you it's lengthy.
Jill DeWit: I took a deep breath and then he goes, "Before you start." Ah, okay.
Steven Butala: If we had any formal in front of the camera or radio audio training, none of this would happen.
Jill DeWit: Thanks. Okay. Can I go now?
Steven Butala: Yeah.
Jill DeWit: Okay. David says, "Hey, all I'm a terms guy that loves selling property on terms. I've been putting my foot into the water for larger properties. However, my comfort is with the stuff that's less than $15,000 and I've had a lot of success there and I want to continue to scale that income. I've had a ton of success on Facebook, buy and sell marketplace and continue to market there. I have VAs, virtual assistants, hired to help with that. Had plenty of success on lands.com, Land Century, et cetera, and I have Vas to help with that. I'm trying to continue to scale up and each of these places has a limit to them, but in reaching times the number of potential buyers or the number of posts you can make without getting your accounts slapped, your hand slapped or doing paid traffic. So trying to figure out how to continue to scale up. I think Craigslist could be the answer.
Jill DeWit: On the other hand, where I've had the largest amount of frustration has been on Craigslist. There's so many moving parts and I know that other people have had massive success there. I've even talked to some land specific... taken some land specific courses on Craigslist to try and better master it. I that we've made some progress, but I'm still not satisfied with my stick rate. Probably around 60 to 70% and I get a few responses that are mostly tire kickers with a buyer that comes in every few months. The people who are crushing it seem to get an 85 to 90% stick rate and are selling properties left and right using Craigslist."
Steven Butala: A stick rate is, I post a piece of property on Craigslist and it doesn't get taken down, 85 to 95% or 90% of the time.
Jill DeWit: Exactly.