Outsource Transaction with TitleMind (LA 876)
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 sunny southern California.
Steven Butala: Today Jill and I talk about outsourcing your transaction with TitleMind.com.
Jill DeWit: Woo hoo.
Steven Butala: If you've been with us for a while, it's like, "God, these guys have been talking about Title Mind forever."
Jill DeWit: Well we had Title Mind. We took it away for a while. Now we're working on bringing it back.
Steven Butala: Title Mind 1.0 which we launched I don't know.
Jill DeWit: Fall, it was probably a year ago. It's about just maybe a little over a year ago because it was October in 17 I think it was.
Steven Butala: We had a massive demand. Massive demand from members and non-members and we couldn't keep up with it.
Jill DeWit: Overwhelmed. Overwhelming demand. It was awesome.
Steven Butala: And a lot of it too was successful members who had problematic transactions and they just kinda said-
Jill DeWit: It's worth it for me to pay and let them figure it out.
Steven Butala: Let Title Mind figure it out. I can't undo this dead person thing.
Jill DeWit: Yeah.
Steven Butala: And that's fine too because we're all set up to handle that stuff. We're just not set up to handle 50 orders in one day.
Jill DeWit: Right.
Steven Butala: Well, when we relaunch, and it'll be soon, it'll be early 2019, let's just say. We are now ... We have hell planned for that and we've got backup contingencies to send orders with people we know and trust. And we can actually ... The reason ... We could've taken your money back on. We stopped it because we want to deals right. We do deals too. And quite honestly, it's the same people that do our deals.
Jill DeWit: Thank you.
Steven Butala: So that's the deal we hope. Before we get into the show though, let's take a question posted by one of our members on the landinvestors.com online community. It's free.
Jill DeWit: Curtis asks, "I'm in California and I'll be buying land in California and other states. Is there a reason I should not set up an LLC in another state? I will say that I do intend to buy some land in a solo 401K and sell on terms keeping it entirely passive income, I think. But the majority of it will be flipped for cash. I just want to get my first mailer out. But I do not know how to appear credible with a company name and website. I'm real close to just getting a burner phone, signing up with a call service, and sending the damn mail."
Steven Butala: That's what you should do.
Jill DeWit: Website be damned. It just seems like that will delay the mailing way too long for me. Thanks.
Steven Butala: It's almost like I wrote this question to make a point, which I didn't do by the way.
Jill DeWit: This is like ... It's like did you-
Steven Butala: I have done that in the past.
Jill DeWit: Are you confessing?
Steven Butala: No, I've done it in the past, but that's not what happened here.
Jill DeWit: Okay. Not what happened this time. Alright.
Steven Butala: That's all we teach new members is to get the damn first mailer out.