Working with Your Spouse in Your Land Business (LA 1779)
Transcript:
Steven Butala:
Steve and Jill here.
Jill K DeWit:
Hi.
Steven Butala:
Welcome to the Land Academy Show, entertaining land investment talk. I'm Steven Jack Butala.
Jill K DeWit:
And I'm Jill DeWit, broadcasting from the Valley of the Sun.
Steven Butala:
Today Jill and I talk about working with your spouse in your land business, or really at all.
Jill K DeWit:
Had I known how much fun and how easy that would be, I would've done it... Just kidding.
Steven Butala:
Here's good news. If you can work with your spouse, then you can get through anything-
Jill K DeWit:
That's very free true.
Steven Butala:
... with your spouse.
Jill K DeWit:
Oh, yeah. That's true. You're golden.
Steven Butala:
Before I get into it, let's take a question posted by one of our members on the landinvestors.com online community. It's free.
And I would like you to know we have a full blown, operational, commercial printing company called offers2owners.com. It's the same company that Jill and I used to send out our offers. We just made it available to everybody because we were sick and tired of dealing with commercial printing companies that didn't really understand our business.
Go to offers2owners.com. We send out 8 or 900,000 offers a month, so...
Jill K DeWit:
As a group, it's awesome.
Steven Butala:
We know by now-
Jill K DeWit:
We got this.
Steven Butala:
We know what we're doing.
Jill K DeWit:
Yeah. It's like everything.
Steven Butala:
Wasn't that way always.
Jill K DeWit:
No. Jay wrote, "Hey everyone, I've been going through the education, and I really like infill lots, specifically waterfront properties. I have a few ideas in my home state, New York, but I'm exploring other markets to the south like Florida and North Carolina. Is there anyone here I can talk to about waterfront properties? As I build my criteria, I believe less is more. I like to do three to five deals a month at about, net 80 to $100,000 per deal. Is this possible with waterfront properties?"
And I see one of our members here, already responded and he has this to say. Steven wrote, "I've been at this for a year and I've made most of my money from infill lots. I targeted lots that have a mobile on them or have had one in the past. If you see a lot of new construction on Zillow, lots will move fast. Set-"
Steven Butala:
That's great. I love this.
Jill K DeWit:
... the filters on Zillow to show houses that were built 2020 to now." This is a good little tip. You're right.
"And then Skiptrace those builders." This is brilliant.
"They will be your infill buyers." And they'll tell you all the nuances of what they're looking for.
Steven Butala:
Jay, I can tell you right now.
Jill K DeWit:
That's great.
Steven Butala:
We've had a lot of members come and go. We maintain around 500 members. That's where Jill's comfortable. And I totally agree. And I can tell you with confidence that you are going to do great. You've thought this through, you have a target acquisition criteria, you already said, "I want to make about 2 to $300,000 a month." All very accomplishable.
And the first step to doing all that stuff is exactly what you're doing, writing it down, understanding it for yourself, and then asking this community if it's realistic and, "How do I go about doing that?" And that was just one person's comment there, me included, there are a lot of comments and discord, basically reiterating what I just said.
Jill K DeWit:
Yep.
Steven Butala:
Today's topic, working with your spouse, in your land business. This is why you're listening. I can-
Jill K DeWit:
Here's what I think is cool, if you don't mind me...
Steven Butala:
Sure.
Jill K DeWit:
... jumping in first?
I'm sure because of you and I, we clearly attract two different things. Well more than two, but for today's show, I'm talking about two that are so interesting that I love. We attract other couples. Some start out doing this together.
