Explain Your Obsession with Real Estate to Your Wife (CFFL 0208)
Explain Your Obsession with Real Estate to Your Wife
Jack Butala: Explain Your Obsession with Real Estate to Your Wife. 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 for Land Academy. Welcome to our Cash Flow From Land Show. Great information and instruction from Jack, that’s me.
Jill DeWit:
And inspiration from Jill, that’s me.
Jack Butala:
In this episode, Jill and I talk about explaining your obsession with real estate investment to your wife. I never had to go through that with you.
Jill DeWit:
No.
Jack Butala:
You were on the scene after it was proven.
Jill DeWit:
Exactly.
Jack Butala:
Good show today Jill. Before we start, I’m sure you have some funny stuff to explain to everybody that happened to us, at our expense, recently.
Jill DeWit:
Actually, my expense on this one.
Jack Butala:
I can’t wait to hear this.
Jill DeWit:
Everybody’s making fun of my countdown app. I think it’s really, people, days exist, there’s a countdown app you can do. Most people, granted, they do them for like weddings, or things like that. It’s usually like a wedding thing, and so our staff was poking fun at me going, “What is that?” As I’m showing my little countdown, they’re like, “Did you go download that app?” I’m like, “Yes, I did,” and I put a pretty picture on the background, and they’re all making fun of my app.
Jack Butala:
Guess what Jill’s counting down?
Jill DeWit:
It’s so funny.
Jack Butala:
Leaving.
Jill DeWit:
I know.
Jack Butala:
A lot of people get excited about getting married, like you said, or I don’t know, buying a company or a house. Jill is excited about exiting.
Jill DeWit:
I am. I’m showing my staff, “Hey, 12 more days of me. Then I’m going to be in another state.” That’s my countdown app. You’d think they’d be excited.
Jack Butala:
That’s my girl.
Jill DeWit:
Thank you.
Jack Butala:
Ready to leave. Can’t wait to leave.
Jill DeWit:
Why aren’t they excited? I’d be excited. “Yay, the boss is leaving.”
Jack Butala:
Probably they’re stuck here probably.
Jill DeWit:
That’s probably, I’d be like, “Yay, the boss is leaving, and now it’s our show again,” but now they’re like, “Great, now we have to stay here while they’re having fun.”
Jack Butala:
We are half moving, officially, on the 25th of this month, to Los Angeles. Right like half a block from the beach, literally.
Jill DeWit:
Mm-hmm (affirmative).
Jack Butala:
Back and forth it is.
Jill DeWit:
Because Jack’s decided he does not like sand in the living room.
Jack Butala:
Yes, that’s right. We stayed on the beach for a month.
Jill DeWit:
Sand does not work for Jack.
Jack Butala:
Nope. Sand in my bed, not my thing. 180 degrees in Phoenix is not my thing either.
Jill DeWit:
Yeah, that’s true.
Jack Butala:
Wow, we have a show to do. I forgot. Hey, let’s take a question that’s posed by one of our members on successplans.com, our free online community.
Jill DeWit:
Okay. Brandon says, awe this is great.
Jack Butala:
It is. I love this so much.
Jill DeWit:
This is so good. He’s like, “Hey I,” almost apologizing because he hasn’t been in for awhile. He’s been super busy with the last mailer hitting. “As the title says, I sent out 1,600 mailers, I got six hate mail/voice-mails, four counter offers that might be reasonable, four signed agreements that died during due diligence, and eight accepted purchase agreements.”
Jack Butala:
Oh really. Does this work Brandon?
Jill DeWit:
Nice. “I picked the two that I liked best, and I’m closing soon. Hope to-” Oh my gosh. “Hope to make 300% on terms with them. So far so good.” Are we getting greedy Brandon?
Jack Butala:
I still get goosebumps about this.
Jill DeWit:
I know. He said, “The rest I can’t buy. Don’t have enough cash.” Isn’t that great when you run out of acquisition funds? I thought I would offer up the contracts.” Do you want me to keep going?
Jack Butala:
Yeah.
Jill DeWit:
“I want $500 for each. I have looked at each. I have looked at each, and estimated what I think they’re worth, but take that with a grain of salt. I’m still new. If, in fact, you see something and I’m way off, please let me know. Help me get on track.” This is a [inaudible 00:03:23] success plan.
Jack Butala:
Right.
Jill DeWit:
“Anyway, take a look and see if there are any you would like to grab up,” and he has a link.
Jack Butala:
A Dropbox link.
Jill DeWit:
Yep.
Jack Butala:
What he’s doing here on success plan, as a new person, is saying I ran out of money. I’m going to buy a couple of these properties. I got 10 or 8. It’s like what we say all the time, I have 8 or 10 more, and I will be happy to sign over the contracts for you for $500 apiece. Knock yourself out. Make your five.
Here’s my point. There’s a lot of people in success plan who are just money people for situations like this. They’re not necessarily real estate people, they just have access, or they have a ton of cash, and it’s burning a hole in their pocket, and they want to deal with you.
Jill DeWit:
Mm-hmm (affirmative). There’s a lot of money out there.
Jack Butala:
There’s a million ways to structure a deal with somebody like that.
Jill DeWit:
Mm-hmm (affirmative).
Jack Butala:
Once you do one or two deals with somebody who’s a money guy, and they get their return, then they’re happy people.
Jill DeWit:
Mm-hmm (affirmative). Love it.
Jack Butala:
Congratulations man. That’s awesome.
Jill DeWit:
Good job.
Jack Butala:
It sounded like it was his first mailer.
Jill DeWit:
I love it. That’s what I think it’s all about. The beauty of, that’s who we are, and success plan came as a tool, successplan.com grew as a tool for all of our members, and that’s a perfect example of how to use it. Everybody’s working together. We’re all in the same boat.
It’s nice because within success plan, it’s really all of our community, so we all know we’re kind of on the same page, we know what everybody knows, we’re all thinking about the same things. It’s not rogue whatever. It’s a really good thing. He obviously knows that and can trust his peers and say, “Hey guys, anybody interested? Here you go.”
Jack Butala:
He did everything he was supposed to do and ran out of money. I wrote a blog about this. It’s called, what to do when you run out of acquisition money? The first sentence of the blog is, “Believe it or not, it happens to Jill and I once or twice a year.”
Jill DeWit:
Mm-hmm (affirmative). Love it.
Jack Butala:
Then I tell you exactly how to get out of it.
Jill DeWit:
Mm-hmm (affirmative). Good problem.
Jack Butala:
You should read the blog. How you can buy your way out of a problem like that, by trading out, taking a lower percentage for the stuff that you own by liquidating it to people you know for 20, 30, 40%, get all the cash back, and then buy the crazy profitable stuff. I call it buying your way out of cash flow problems. It’s ironic.
Hey, if you have a question, or you want to be on the show, call 1-800-725-8816. Today’s topic, how to explain your obsession with real estate, or real estate investment with your wife. This is the meat of the show. Jill, this is my idea for you.
Jill DeWit:
Thank you.
Jack Butala:
How do you explain it? Tell us. How do you explain this to your wife?
Jill DeWit:
This goes both ways too, because I want to say that we have a number of women in our community that are doing this and explaining it to their husbands. It goes both ways, but traditionally, we women, are often a little more conservative. I get that, and that’s cool. I talk to people about this a lot.
My advice is, be an open book. Share the whole plan with your wife, and test it. That’s what many members of ours have done, and they kind of said, “Hey, here’s my idea. Here’s what I want to do. I’m going to spend $500 and test this, and I’ll show you.” Most significant others will say, “Sure. If I lose $500, I don’t really care,” but then they can go out and test it.
I’m thinking of one of our guys in particular, it was killing him because, “I bought it for $500, sold it for $1,000. I proved my theory, but I knew it was worth way more than that,” so it was like he was bummed that he had to give it up for that, but he uses the test to show his wife that this does work. I agree.
Jack Butala:
You’re so different from most women Jill.
Jill DeWit:
Oh thanks.
Jack Butala:
Trust me on this.
Jill DeWit:
Thanks.
Jack Butala:
For most women, I just don’t think that would do it.
Jill DeWit:
You don’t think so?
Jack Butala:
Hm-mm.
Jill DeWit:
Here’s what I find that happens. As you go along, if your significant other, your wife’s on board, they might actually help. I have a number of members that they really kind of do, maybe the wife keeps track of the numbers and the books or something, and they’re making the deals, or I don’t know, has another little way they can help. Maybe they’re not. Maybe they’re just over there saying, “That’s your thing. I get it.” What do you? You have a different take on this.
Jack Butala:
I say this with confidence. You are probably one in a million.
Jill DeWit:
Thanks.
Jack Butala:
I’m not exaggerating that number. Maybe more. Maybe one in ten million. Yeah, because I think there’s a lot of women that just are like, a lot of wives. I shouldn’t say women. We have a tremendous number of women, probably 50% members, but they never talk about their husbands.
Jill DeWit:
Mm-hmm (affirmative).
Jack Butala:
The couples teams that we have are usually driven by men, but the single women, or the women that they don’t even, they’re killing it. I can name their names. For some reason, I know their first names. We have a lot of members. The women that are killing it, it’s for a reason. They hit this, women tend to see things very creatively.
We have a member who, this is what she does. She only sends letters out to areas where she’s had a good time on vacation.
Jill DeWit:
Mm-hmm (affirmative). I remember that.
Jack Butala:
It has nothing to do with what we sell, and she kills it.
Jill DeWit:
Yeah.
Jack Butala:
Only a creative female could come up with some cockamamie scheme like that. I know we’re getting off topic a little bit, but it’s a compliment.
Jill DeWit:
You know what I think? Here’s how I see it. Most women are generally conservative. We’re looked at as conservative, and you guys are looked at as like a monkey with a hand grenade. Jack, that’s you.
Jack Butala:
Yeah. That’s what my attorney calls me.
Jill DeWit:
I know.
Jack Butala:
You never want your attorney to call you a monkey with hand grenades.
Jill DeWit:
Exactly. That’s like, “I’m running around just kind of throwing money at stuff. Just let’s see what happens.”
Jack Butala:
That’s a podcast title.
Jill DeWit:
There we go. My thoughts are, it’s like so if we come to you with this idea, and it’s right in our gut, it seems like, as a man, you’re going to be generally more accepting of our idea. Am I right?
Jack Butala:
Yeah.
Jill DeWit:
We’re conditioned to kind of go, “Oh no. Now what?”
Jack Butala:
If we were in, like I talked about in our earlier podcast about you shopping, this is how it works with men. If your wife comes to you and says, “I got this idea about this, I heard this podcast or whatever. I’m thinking about doing this and this.” The guy’s going to say, “You’re not upset today. I’m not getting in trouble, then heck yes. I think you should knock yourself out. I’m not going to get in trouble for anything, right?” “Oh no. You’re not gonna get in, I just want to go.” “Oh yeah, then the answer is heck yes.”
Jill DeWit:
It’s that easy?
Jack Butala:
That’s what happens with, that’s my experience. Everybody that’s listening to this right now is shaking their head yes, trust me.
Jill DeWit:
Oh my gosh.
Jack Butala:
If the roles are reversed, the guy walks in and says, “Hey, I was thinking about doing this thing, I can see the potential. I heard these two ding dongs on the radio today, and check this thing out at success plan. It just seems like it makes a lot of sense. It doesn’t cost very much money. Let’s see what happens. Let’s send some offers out. Maybe let’s send out, you know how you wanted to buy a new house? Let’s send offers out for dramatically less than the properties are worth over in that subdivision you were thinking about, and see what happens.”
Jill DeWit:
That’s a good test.
Jack Butala:
“Oh my God. You’ve lost your mind. Go in the garage where you belong.”
Jill DeWit:
I love it. That’s so funny.
Jack Butala:
that’s what most women would say.
Jill DeWit:
that’s hilarious. I think it’s awesome.
Jack Butala:
I know you do. You’re one in ten million though.
Jill DeWit:
Thank you. I’m like, “Oh shoot.” I’m not wired that way, so I have a hard time with this a little bit. That’s so funny.
Jack Butala:
This is not how the show, I thought it would go.
Jill DeWit:
I know. You know, what’s interesting too is, I have to say that especially now days with HGTV and all the stuff going on, it’s not like it’s a, “I’m telling you to buy stock. You’re bringing me stock in a company I’ve never heard of.” At least it’s real estate. It’s something tangible. You don’t like that?
Jack Butala:
No.
Jill DeWit:
Oh.
Jack Butala:
I understand. I do like that, and I completely understand where you’re coming from, and I agree with you. That’s why we’re together, but I just can hear it now. I can hear wives all over-
Jill DeWit:
Well you see, I’ve never been married to a wife like that.
Jack Butala:
Wives are just, the nature of, you nailed it, they’re just concerned about taking risks, probably rightfully so. Men don’t want to go to work anymore.
Jill DeWit:
I say set aside a great amount of money like you’re gambling, like I’m going to Vegas.
Jack Butala:
Now you’re playing logic.
Jill DeWit:
Oh okay. That doesn’t work.
Jack Butala:
It usually doesn’t come with a set of ovaries Jill. I’m telling you.
Jill DeWit:
Then this is a bad topic for me. You know what we should do? This is really funny. We should have done this, we should repeat this show with somebody else’s wife.
Jack Butala:
Oh my God, that’s brilliant.
Jill DeWit:
Wouldn’t that be hilarious?
Jack Butala:
Then they would actually tell you the truth.
Jill DeWit:
Here’s an example, like the lady that we always see at the lunch place we went to earlier. You know the one I’m talking about? The long hair?
Jack Butala:
Mm-hmm (affirmative).
Jill DeWit:
If we had did it with her, I wonder what her answer would be?
Jack Butala:
Remember we had this conversation- Yeah exactly, exactly. Remember we had this conversation with a friend of ours? She learned what we were doing, what we did for a living.
Jill DeWit:
Oh. Oh my gosh.
Jack Butala:
She said, “What the heck?”
Jill DeWit:
The one that was snotty about it?
Jack Butala:
“What the heck are you guys talking about?”
Jill DeWit:
Right.
Jack Butala:
“Why the hell would anyone want to ever send out a bunch of offers for real estate owners and try to buy something for below what it’s value is? Why wouldn’t you just go on MLS and buy what you want?” That’s what I’m talking about.
Jill DeWit:
Mm-hmm (affirmative). I know who you’re talking about, yeah.
Jack Butala:
Most wives-
Jill DeWit:
That makes sense.
Jack Butala:
Most wives don’t want to rock the boat. They want their husbands to go to work, come back, get the paycheck, pay the mortgage, do the thing, be a basically boring guy, except when she doesn’t want him to be boring, and the guy doesn’t know the difference at the time.”
Jill DeWit:
Check the fridge magnet. I’m having a happy day, I’m having a sad day, I’m having a don’t talk about my mom day.
Jack Butala:
Remember. Was that an actual product or did you dream that up?
Jill DeWit:
I dreamed that up.
Jack Butala:
Listen to this business idea.
Jill DeWit:
We got to make, we got to do that.
Jack Butala:
Listen to Jill’s business, well you’ve got to tell it. This is a great side story.
Jill DeWit:
This is great.
Jack Butala:
Go ahead, just start it. This is awesome.
Jill DeWit:
I think, if I say this now, someone’s going to go make this product, but my idea was fridge magnets. For the husband to come home and based on, and it says what kind of day the wife’s having, you can just put a magnet in there, good day, bad day, happy day, sad day, I feel fat day, whatever it is, I’m going to eat everything in the house day, we’re going out.
Jack Butala:
I’m hot.
Jill DeWit:
I’m hot, whatever magnet’s on there, so the husband can walk in, right away go to the fridge and know what to expect. Whether good or bad, they’ll at least know what to expect, and we have a little sub thing, which is topics not to talk about today, like my mom, the vacuum broke, the kids are driving me crazy. Dream it up, there’s a magnet there what topics not to bring up.
Jack Butala:
The car doesn’t work.
Jill DeWit:
That’s right. You’re late again. That could be one of them.
Jack Butala:
Most people don’t have a refrigerator that’s big enough for that.
Jill DeWit:
Jack.
Jack Butala:
I’m serious.
Jill DeWit:
I thought you meant like a little, okay, that’s not what you meant.
Jack Butala:
No.
Jill DeWit:
Like the office fridge. You mean like their real fridge. Got it. You might have to make some room. All right that was my idea.
Jack Butala:
The office fridge. I got a refrigerator in my office, and everybody thinks I’m nuts.
Jill DeWit:
Mm-hmm (affirmative). Everybody should have a refrigerator in their office. It’s awesome.
Jack Butala:
Now’s a good time to move on. This is the technical two, two minutes of property investment advice from our 15 year, 15 thousand deal experience today. Don’t maximize price, maximize volume. What? This is what I see happen all the time. Someone buys a piece of property, usually if they’re super new, and they pay $5, 6, 7, 800, or whatever it ends up being. If it’s a house, they pay $30, $40,000 for it, and they own it, and they love it like a puppy. They think it’s worth $22 million, not to exaggerate, they think it’s worth way more than they could just sell it and double their money.
If you have a house that you purchased or are under contract for 30 grand, and you know you can sell it for $60,000 next week, you have a Rolodex full of people, where you can just write a $60,000 check, double your money, no. What do they do? They want to maximize price. They want to see it, because it might be worth, when it’s all cleaned up, $190,000. “I’m going to go clean it up on the weekends after work.” That’s not the business that we’re in. That’s not wholesaling. That’s just being silly.
Jill DeWit:
Mm-hmm (affirmative). That’s a hobby.
Jack Butala:
Don’t maximize price. Get to learn how to, what we teach is not real estate here. We teach how to buy undervalued real estate and move it past, into wholesale it. The vast majority, you know, when’s the last time you saw a piece of real estate we purchased?
Jill DeWit:
Oh my goodness.
Jack Butala:
Have you ever seen one piece of property that we have ever purchased, Jill?
Jill DeWit:
No.
Jack Butala:
I have not seen a piece of property, it’s more than 10 years. No, no, it’s more than, probably it’s 12 years.
Jill DeWit:
I’ve seen counties. Oh, that’s that county. Okay great.
Jack Butala:
If you’re brand new at this, I do not recommend this. All right? This isn’t a challenge. You don’t get a trophy for not looking at real estate. I’m just saying, after awhile, you just start to realize that it’s just not a good use of your time and they you can hire a photographer, or hire somebody to go take a picture.
Jill DeWit:
Mm-hmm (affirmative).
Jack Butala:
Better yet, the buyer will go look at it and tell you if they want it or not.
Jill DeWit:
Mm-hmm (affirmative).
Jack Butala:
Let’s not maximize price, let’s maximize volume. Send a million mailers out instead of 100,000, and make four or five, 10 grand every time somebody sells you their property.
Jill DeWit:
Yep.
Jack Butala:
If you have a question, or you want to be on the show, call 800-725-8816. Stacy, inspire us.
Jill DeWit:
Did you just call me Stacy?
Jack Butala:
Yeah.
Jill DeWit:
You’re so silly.
Jack Butala:
I’ll explain it in a minute.
Jill DeWit:
Oh no. Isn’t it funny how when you look back, and you realize how smart you were at a time in your life when you were making like a crazy change? Like at the time, you thought, you’re like, “What am I doing? This is the most silly thing. I can’t believe I’m doing this.” Then you fast forward and you’re like, “Wow, that was such a good decision. I didn’t know I was that smart.” You know what I mean? You know? I feel it coming right now, Jack, with you and I, right now.
That’s why I wanted to bring that up, because I feel it. Right now I feel like part of my brain is saying, “You guys are nuts. You guys are making some changes. Why are you going into this? Why are you going to do that? You have a great little business over here. Knock it off.” I’m like, “You know? I see bigger things coming for us,” and my other side of my brain is saying, “Run, run, go. This is a good decision.” What do you think?
Jack Butala:
Did you ever see Animal House?
Jill DeWit:
Bits and pieces, yes.
Jack Butala:
There’s a scene just like that, exactly what you’re saying.
Jill DeWit:
I mean not all, it’s not like I haven’t sat through it and all the whole thing, but different parts of it, yes. Tell me.
Jack Butala:
In the interest of keeping this show rated G, there’s a devil on this guy, the guy finds himself in a situation and a choice to make, and there’s a devil, in a comedic type of way, a devil talking on one shoulder and an angel on the other.
Jill DeWit:
Yeah. That’s a good way to put that.
Jack Butala:
What Jill’s really talking about is we have a lot of opportunities to, because of this silly show, a lot of opportunities to do other things that are not as real estate related, and they’re all good things, in my opinion.
Jill DeWit:
Mm-hmm (affirmative).
Jack Butala:
In the end, it’s going to help everybody.
Jill DeWit:
Oh yeah.
Jack Butala:
At the very least, it’s going to entertain the hell out of somebody.
Jill DeWit:
Mm-hmm (affirmative).
Jack Butala:
The Jack and Jill thing, they’re going on.
Jill DeWit:
Even just talking about what we’re doing right now. Let’s rewind how many years ago, when we were putting this all together. You know? Who knew where we’d be right now today? How about that? Five years ago, how about this? Jack, five years ago, did you think we’d be sitting here doing this?
Jack Butala:
No.
Jill DeWit:
Thank you. Two years ago?
Jack Butala:
Two months ago, well two years ago, still happily sitting there buying and selling real estate wondering why everybody’s not doing this.
Jill DeWit:
Right.
Jack Butala:
Really. I still wonder that.
Jill DeWit:
Isn’t that interesting?
Jack Butala:
Why isn’t everybody just? What? All you got to do is send a bunch of mail out, learn how to scrub data.
Jill DeWit:
Do you know what? I got to say, I’ll admit it, when you came up with this whole crazy podcast idea, I was like, “What are you talking about?”
Jack Butala:
I remember it. I remember that like it was yesterday. You were the wife in that situation.
Jill DeWit:
I was! I thought you were nuts.
Jack Butala:
Oh my gosh Jill.
Jill DeWit:
Slash, however, I did go along with it.
Jack Butala:
My whole idea was to have a podcast and interview people that were in the real estate business, in any capacity, like if you go back and listen to the show before this, it’s still on iTunes. What’s it called? Land Academy or something. I don’t remember.
Jill DeWit:
I don’t remember.
Jack Butala:
It’s not this one. It’s Cash Flow From Land, but anyway, there’s like nine, or ten, or twelve long episodes. They’re like an hour and a half. We didn’t know what we were doing. People still compliment me on that, because it really is really technical.
Jill DeWit:
Yeah. Aren’t they on YouTube too, because we were doing video then too. You were interviewing me in my old office a long time ago.
Jack Butala:
That’s what happened. Somebody didn’t show up, and you were the-
Jill DeWit:
Fill in.
Jack Butala:
Yeah, and it’s like, “Whoa, this is fun.”
Jill DeWit:
Yeah, that was good.
Jack Butala:
It’s not super technical boring.
Jill DeWit:
Mm-hmm (affirmative). That’s true.
Jack Butala:
Then, it’s like people liked it, and our numbers went up, and then she said, “Oh, maybe this does work.” That’s what I see some wives, I wonder even then, I wonder even then if most wives would, then they’re going to say, “Oh great, well now you’re going to do this because it’s successful, and you’re not going to pay attention to me.” I see wives saying that.
Jill DeWit:
Not me.
Jack Butala:
I know. No, we covered that Jill.
Jill DeWit:
Thank you.
Jack Butala:
Yeah. A lot of guys are, trust me, I should open a non profit foundation. A lot of guys are just in a situation where they can’t win.
Jill DeWit:
Right.
Jack Butala:
It’s like, “I just don’t know what else to do.”
Jill DeWit:
Yeah.
Jack Butala:
“I got to go home and read the refrigerator again, and see what’s wrong today.”
Jill DeWit:
I love it. Oh gosh.
Jack Butala:
Join us in another episode where Jack and Jill discuss how to use information, that’s me.
Jill DeWit:
And inspiration, that’s me.
Jack Butala:
To get just about anything you want.
Jill DeWit:
We use it everyday to buy property for half of what it’s worth, and sell it immediately.
Jack Butala:
Get there first. You’re cracking me up man. You really are.
Jill DeWit:
That was fun.
Jack Butala:
Do you know what it is about you? I really believe that you don’t know that this is prevalent.
Jill DeWit:
I don’t. I’m really confused by this problem. It’s funny, because that’s probably what happens, because people call me going, “What do I tell me wife?” I’m like, “I don’t know. I’ll talk to them. Have them call me.”
Jack Butala:
To be fair, a lot of guys bring this on themselves, because what they did was marry their mother.
Jill DeWit:
Oh.
Jack Butala:
What do you think is going to happen if you marry your mom? She’s going to tell you to change your socks, and your underwear, just it gets reduced to that.
Jill DeWit:
Right.
Jack Butala:
Instead of marrying somebody that, you know, is just forever romantic like you are, like Jill has a carry on bag, probably because she’s going to leave soon, but-
Jill DeWit:
Well there is that.
Jack Butala:
But has a carry on bag at the end of the bed, and it just stays there forever. She’s just ready for the next trip constantly. I think that’s one of the greatest things about you. I really mean it.
Jill DeWit:
Thank you Jack. I appreciate that, because I remember you explaining that. We were out to dinner with somebody the other night, and they didn’t, or no you were with some friends and you were telling me that, that they didn’t believe you that, “Give me 30 minutes and I can pack for Europe.” I’d like to have 30 minutes.
Jack Butala:
That’s happened.
Jill DeWit:
I’ll pack for Europe for a week and it’s all carry on. Whatever I forget, I’ll figure it out, and it’s going to be awesome. They’re like, “No, no, it doesn’t happen.” We’re like, “Yeah, yeah, it does. I can do that.” Thank you. You’ve done that. I love that. Yes. I’ve come home and said, “You know, everybody’s going over here, everybody’s going to X for whatever.” “Well then why aren’t we going?” I’m like, “You’re right. Why aren’t we going? We’re out of here.”
Jack Butala:
You know what’s funny about Land Academy and this whole thing that we’re doing? The further we get into it, and this isn’t, I didn’t anticipate this, the more freedom we have. The bigger this show gets, we can do this anywhere, and we will. We’ve talked about that. Doing this on the sea of Cortes on a boat every day with video. That’s freedom.
Jill DeWit:
Mm-hmm (affirmative).
Jack Butala:
The further we get into it, and it’s all because of this real estate thing.
Jill DeWit:
Mm-hmm (affirmative).
Jack Butala:
It’s all because, you can never, can you imagine doing this without the money coming in for the land stuff.
Jill DeWit:
What if we had a factory somewhere? There would be no way. You’d have to sit there and watch production, and watch people, and all that. It would never work.
Jack Butala:
All it takes is five or ten really good rental houses, and you’re done forever.
Jill DeWit:
Yeah.
Jack Butala:
Or it takes just getting a land flipping system going like we have, and collecting payments, or all of it. We still do all of it. Pretty soon, you’re hiring a couple people, and they’re doing it for you, and you-
Jill DeWit:
You’re drunk on a boat.
Jack Butala:
Doing a podcast that four people listened to, and now two.
Jill DeWit:
You’re silly.
Jack Butala:
I don’t care about the producers. They told us to stop saying that. I think it’s funny.
Jill DeWit:
Okay. I love it.
Jack Butala:
Jack and Jill, information and inspiration, let’s go buy some property.
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