Why Land is Overlooked as Investment Opportunity (LA 1037)
Transcript:
Steven Butala: Steven 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: I'm Jill DeWit, broadcasting from sunny Southern California.
Steven Butala: Today, Jill and I talk about why land is so overlooked as an investment opportunity. I've been wanting to do this show for a long time. Land is so misunderstood even by people that have been in the real estate business as investors, or in some capacity of, very successfully, commercial real estate. Everybody looks at land like, "I don't know what to do with it."
Jill DeWit: You know what? I think women are also misunderstood. I can't even say it. I'm not sure what to do with it.
Steven Butala: That's a topic for a whole additional podcast.
Jill DeWit: There we go.
Steven Butala: Understandingwomen.com.
Jill DeWit: That's right. Why are women ... I'm just kidding.
Steven Butala: Hey, 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.
Jill DeWit: Okay. Travis shares, "I'm looking to team up with people to tap into those counties with near inaccessible data that, as a result, don't often or ever get mailed. If you found a county which has quality data, but it's just not easy to get into a succinct mailer format, I want to know. If the data is solid and online, for example, they have a GIS or a tax record system, but you can't find it on Teleport or CoreLogic for whatever crazy reason, I can parse it, format it, scrub it, and mail it." This guy is great. Oh, my gosh, this is so funny. "If the data is not online, but Susan at the county can email it on Tuesday or even snail mail it, let's partner up to grab it, sort it, clean it, and send it.
Steven Butala: Who is this guy?
Jill DeWit: I like this. This is great. "I've got a knack and the computer skills for making that data pretty and getting it into a mail merge format. Give me your messy data. Macros, scrapers, scripts, formulas, whatever it takes, if there's a large enough payday potential, we can get that data formatted. In exchange, I'm looking to partner on mailers and deals, since I, too, am in the business of parcels for paper. Reach out to me and let's head off the competition. You find them, I'll scrub them, and we'll split the profits. Don't let, 'It's too hard to get this data,' get in the way. Let's charge through it together and we'll figure it out. Send me a message on Land Investors or shoot me an email at Travis," and you can go get it online. "I'm looking forward to hearing from you and wish you happy hunting." How cool is he?
Steven Butala: Travis, here's my email. It's jack@landacademy.com. That's the one that you should use. I have a list of counties that I know fit into this criteria perfectly. Jill and I have way too much acquisition money these days, even after all the deals that we're funding. I'd be happy to finance the whole mailer, if you just orchestrate taking the calls, doing the data, and then popping the properties that come back in into deal funding.
Jill DeWit: Yep.
Steven Butala: I can list the names of counties right now and where they are in that situation. We don't have the time. I can do this, too. I have actually the same talent that you do. I'm probably an older version of talent in how I do things, which is good for you and not for me, and I think we could make some magic together, actually, with Jill answering the phone and our staff right now.