USA Property Stats Work in Your Favor
Jack Butala: USA Property Stats Work in Your Favor. Every Single month we give away a property for free. It's super simple to qualify. Two simple steps. Leave us your feedback for this podcast on iTunes and number two, get the free ebook at landacademy.com, you don't even have to read it. Thanks for listening.
Jack Butala: Jack Butala here for LandAcademy, and welcome to our Cash Flow From Land Show. In this episode, Jill and I talk about real estate statistics, one of my favorite topics, and why they work in your favor overwhelmingly so, in fact. Jill, I can't ... This is a ... My dream topic.
Jill DeWit: I actually think these are 2 of yhour favorite topics, because 1, you love real estate all by itself, and 2, let's be honest, you love statistics all by itself.
Jack Butala: We started this topic was complete ... We put it up on the screen, and we were both talking about it, and it was something obscure, and I ... Jill said "We should change the show to talk about real estate statistics."
Jill DeWit: We did. Okay, so here's what happened. We have a question from a caller in the ... We were sitting here doing our research to answer this question, and that's how it turned into this. It evolved into this show in 3 minutes.
Jack Butala: See, by the way, we have an 800 number now. We're going to start sharing it with you. If you want to be on the show or if you want to ask us anything, call us at 888-735-5045.
Jill DeWit: Just like this caller did. This was from Rex in Seattle. Rex called in and asked "Are there enough properties to go around?" It was ... I love this question. He said, basically "Are LandAcademy members running into each other and competing?"
Jack Butala: This cracks me up.
Jill DeWit: I know.
Jack Butala: We're going to dispel that once and for all. Right now.
Jill DeWit: Exactly. That's what we started ... After I ... I've had this question before, so yeah, go ahead Steven.
Jack Butala: There are ... I mean there ... That's how it got into this ... Launched ourselves into this raw statistics thing. It's not raw. We're going to have some fun with it. Never, and I'm knocking on wood, have I ever had any LandAcademy member run into each other as competitors. In fact, it's quite the opposite. There's just so much property out there that no one's ever heard from anybody about whether or not they want to purchase it. A lot of years ago, every time I spoke with a seller on the phone because they received a mailer we sent, I would ask them "Do you get a lot of letters like this?" They always said "No, this is the first letter I've gotten." Or they would say "I got one a few years ago, but never ... Wasn't anything like the one you sent."
Jill DeWit: Mm-hmm (affirmative).
Jack Butala: "You actually offered a price, and said how we were going to close the deal." What they're saying, I'm paraphrasing is, they've received letters of interest, but not ones that said "Hey, on Friday, we're going to pay you $800 to buy your property."
Jill DeWit: Right.
Jack Butala: We're going to send somebody to your house to close the deal. Do people run into each other? Absolutely not. This is ... I've described this one time. This has actually happened to me. We have a very, very ... We have a very successful member who shared an incredible amount of detail on our website SuccessPlant, where everybody talks to each other. All of our members go to SuccessPlant.com and talk to each other all throughout the process of mailing properties. It's a support group / learning place. At the moment, it's free. This guy went out there,