Working with Your Spouse (LA 1047)
Transcript:
Speaker 1: Steve and Jill here. Hi, welcome to the Land Academy show, entertaining land investment talk. I'm Steven Jack Butala and I'm Jill Dewitt, broadcasting from sunny southern California. Hi, Jill and I talk about working with your spouse.
Speaker 1: I love it. I have never seen you feverously scribble notes before an episode like you just did just now. I have a lot to say, so this is either going to go really well for me or not. It's going to go just one. We felt our group took a while. That's it. You've got to find your group like a decade. I can help. Yeah, that's true. Before we get into it, let's take a question posted by one of our members on the landinvestors.com online community. It's free. Tabitha shares new member here. I've decided on two counties to mail, but wondering has anyone used the data list they downloaded for county more than once for a mailing for instance, or if I choose to only mail one fourth of the list after it's been scrubbed, but say the remainder to mail a month or a couple months later, is that feasible? Yes. Or does the data change rapidly enough that it's worth pulling and paying for the data? Again, for rural vacant land, you're going to be fine.
Speaker 2: Okay.
Speaker 1: In fact, real quest itself, we're a licensed provider, shows you how the age of the data exactly for houses. If you wait in a, in a real Hyde style, real low days on market area
Speaker 1: Yeah. Can you go turn that fan on? Yes. In a real low days on market area,
Speaker 3: You're going to see exactly how many d properties are turning. So if you've got a universe of properties in a zip code that are like a 5,000 and you've got two or three or 400 turning every month, which is substantial percentage wise, you might want to refresh the data and here's why data's real cheap. You don't have a line of data's 10 cents through us. You're not going to find it much cheaper than that. Right? What's expensive is the mail. So you don't want, you don't want to let this data kind of age on your desktop in excel for too long because now you're wasting 55 cents to send a send out an offer to somebody that's no longer there versus just 10 cents to to get you know, to purchase a data and keep it [inaudible].
Speaker 1: So what do you think? I think, let's just say if she did it within 90 days.
Speaker 3: Yeah. Okay. I mean for houses you gotta be for houses? No, I think you need real fresh data for rural vacant land, I really think you can get away with you can get away
Speaker 1: Voter data a little longer. Yeah. So I think that's a really good question. And so we will do that. Like, like, you know, you don't want to send out 8,000 at once. Maybe you can't handle that, you know, volume wise, but maybe you can do chunks of 1500 at a time and have the next six weeks. You don't have 1500 drop in 1500 job and then play with it. And you'll know next time. Yep. I can more, I should pull less. No kind of thing.
Speaker 3: Earlier on in the life of this podcast, we were really advocated sending out 1500 units a month. Right. and [inaudible] yeah. Well yeah. Oh yeah, yeah, yeah. No, I, I really we're experimenting personally in our own company sending out 20,000 units all at once and it's actually working out pretty well, but we're really well staffed.
Speaker 1: It's so nice. The more that you send out, I will say this, the more you send out, the more deals that come back, the more you get to review at that one time and pick the top five or 10 or whatever you could afford or handle. That's the best. So I love it. And now deal funny, you can handle more, but just more.
Speaker 3: We're just on vacation. A couple of episodes. We were talking to a guy, we were talking about it and we got like a VRVO with another family. So it was a house and the backyard was a source...