Why LandAcademy Does Not Have a Boot Camp
Jack Butala: Why LandAcademy Does Not Have a Boot Camp. 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 with Jill DeWit.
Jill DeWit:
Hi.
Jack Butala:
Welcome to our show. In this episode, we talk about why Land Academy does not have a boot camp. Great show today, Jill. I'm glad you're less mad. Let's take a peek. This is what Jill said to me right before we started the show. "I'm less mad." Not like, "I'm happy." "I'm less mad today."
Jill DeWit:
I know.
Jack Butala:
She's never mad about anything.
Jill DeWit:
No, I'm never mad. We had a little office incident go on here, a little staff hiccup.
Jack Butala:
Before we talk about it, I'm less mad.
Jill DeWit:
Now that Jack and I-
Jack Butala:
I'll take that as a compliment.
Jill DeWit:
Jack and I left the room and went into our studio to do a little recording, and now that we've talked a little bit, I'm not over it, but I am less mad.
Jack Butala:
If that's not female, I don't know what is.
Jill DeWit:
Thank you.
Jack Butala:
Not over it, but I'm less mad.
Jill DeWit:
Thank you. Oh my goodness.
Jack Butala:
Let's take a question posted by one of our members on SuccessPlant.com, our free online community. It's a very simple question. Actually, do you mind if I read it?
Jill DeWit:
Sure.
Jack Butala:
How do I choose a title company and when do I use a title company and get title insurance on a deal or when do I just do a deed myself? I'm paraphrasing.
Jill DeWit:
I love it.
Jack Butala:
What do you think, Jill? It's a good question. We get it a lot. A lot of people are surprised that we don't use a title company on every single deal. Let's start with that. Why don't we use a title company on every deal?
Jill DeWit:
Pick me. Pick me. For starters, I have access to tools and data where I can go back and confirm a lot of information about these transactions. I can confirm what the vesting deed is, which is the last recorded deed. I can tell that I'm really talking-
Jack Butala:
Basically, you're acting as your own title agent-
Jill DeWit:
I am acting-
Jack Butala:
Because that's what a title company does. They check to see clause and title change. If the person that's conveying it actually owns it, that stuff. We can do that ourselves.
Jill DeWit:
A lot of it you can do for free on the county. A lot of county websites, you can go check that. If you don't have that, we have data that will pull it for 98% of the rest of the counties, and I can pull it up and see the owner.
Jack Butala:
I looked it up. It's 99.5%.
Jill DeWit:
Is it really?
Jack Butala:
Yeah.
Jill DeWit:
Cool. Thank you.
Jack Butala:
I keep saying 98, too, but there's 9 counties in the whole country that the Data to Doorstep-
Jill DeWit:
Doesn't cover.
Jack Butala:
Doesn't cover.
Jill DeWit:
Got it. We're good. There's plenty of other counties, we're just fine.
Jack Butala:
It's our product.
Jill DeWit:
Exactly.
Jack Butala:
We probably should know what it does and does not do.
Jill DeWit:
I use a title company. Why don't I use a title company? That's number 1. I can act as a title agent myself, number 1. Number 2, when I'm only spending hundreds of dollars, I'm cool with it. If I'm spending a couple hundred dollars by querying property, I can do all the homework and I can see that Mr. Smith has really owned it for 50 years, I'm pretty comfortable that I don't need a title agent to help me do this deal. There you go.
Jack Butala:
That's one reason. That being said,