Working with Your Spouse (JJ 635)

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Working with Your Spouse (JJ 635)

Working with Your Spouse

Transcript: 

Jack Butala:                         Jack and Jill here.

Jill DeWit:                            Hi.

Jack Butala:                         Welcome to the Jack Jill Show, entertaining real estate investment advice. I’m Jack Butala.

Jill DeWit:                            And, I’m Jill DeWit, broadcasting from sunny southern California.

Jack Butala:                         Today, Jill and I talk about working with your spouse.

Jill DeWit:                            What could be more fun?

Jack Butala:                         This is a topic I feel extremely qualified to discuss.

Jill DeWit:                            Aw.

Jack Butala:                         In public.

Jill DeWit:                            It’s every day.

Jack Butala:                         Unlike most of the topics we talk about.

Jill DeWit:                            There’s a new surprise that just makes me want to do it more.

Jack Butala:                         So, what should the title really be?

Jill DeWit:                            Oh, my gosh.

Jack Butala:                         It should be Working with your Spouse-

Jill DeWit:                            Without Killing Someone.

Jack Butala:                         Working with your Spouse,-

Speaker 3:                           Go ahead.

Jack Butala:                         Without Killing Someone.

Jill DeWit:                            Or, Yourself.

Jack Butala:                         I think that’s how it should be, Work Without Your Spouse.

Jill DeWit:                            Oh.

Jack Butala:                         How did we end up like this? Working together?

Jill DeWit:                            You know why?

Jack Butala:                         What the hell-

Jill DeWit:                            I have a lot to say about this.

Jack Butala:                         We’ll get into it in a minute here.

Jill DeWit:                            Okay.

Jack Butala:                         Before we actually do get into it, let’s take a question posted by one of our members on the jackjill.com online community, it’s free.

Jill DeWit:                            Okay, Rick G. asked, “Hi. I have a seller who will sell a 40 acre property in ___ County, Arizona, for $8,000.00, about eight miles from ___ city. The owner tells me,” he wrote, I’m not doing that on purpose, “roads are good enough to be traverse with a two wheel drive.” This is really good. “Planning to re-sell at $12,000.00, which should be more competitive than when I typically see on Land Watch for this county.”

Aw, and he even included a satellite image of a property on this site. “I’m looking for a money partner to fund this deal, and split the profits 50/50. Here are the sample prices from Land Watch for this county on 40 acre properties,” and he puts $32,000.00, $25,000.00, $24,900.00, $13,000.00, $39.9, $24.4, $29.9 … do you want me to keep going, Jack?

Jack Butala:                         No, it’s $30,000.00. $20,000.00-$30,000.00 comparison values.

Jill DeWit:                            There’s one funky one in there for $13,000.00, so the lowest is $13,000.00-

Jack Butala:                         Which is probably a Land Academy member.

Jill DeWit:                            Right? And, the highest is $37,500.00 thousand dollars.

Jack Butala:                         It might even be us.

Jill DeWit:                            So, this is really, really good. Thank you for doing your homework. We all know he can buy it for $8,000.00. Okay. “Planning on posting this on the Member Deal Board, also, but I’m working with getting it set up. Please let me know if interested.”

Jack Butala:                         I love it.

Jill DeWit:                            Okay.

Jack Butala:                         So, you did every single thing right here. This member did everything right. That’s exactly what we teach. For $8,000.00, and you have it by county, that’s a heck of a deal. I think I would actually shoot to double your money.

Jill DeWit:                            I didn’t say the county, but you just did.

Jack Butala:                         Did I?

Jill DeWit:                            Yeah.

Jack Butala:                         Sorry.

Jill DeWit:                            That’s okay.

Jack Butala:                         As the county’s going … so it’s a lot less deserty than some of places in Arizona, and Jill and I had a cabin in this county for quite some time.

Jill DeWit:                            Mm-hmm (affirmative).

Jack Butala:                         We ultimately moved to California-

Jill DeWit:                            Now, we can have a cabin in a different county.

Jack Butala:                         But, I’ll tell you, it’s a lot like northern Michigan. All the tall pine trees, and the whole thing. You don’t think of Arizona that way.

Jill DeWit:                            That’s true.

Jack Butala:                         So-

Jill DeWit:                            It’s super pretty up there.

Jack Butala:                         I’m sure that by now-

Jill DeWit:                            It’s probably already been-

Jack Butala:                         It’s been purchased, and-

Jill DeWit:                            Yeah. Someone’s already got the-

Jack Butala:                         Right.

Jill DeWit:                            Yep. Well, this is one of the beauties of our environment. I mean, when we started Land Academy, I did not really envision people working together this closely, and this well. Gosh, I mean, money people matched up with people like this, who have more deals, and it’s just awesome.

Jack Butala:                         Yesterday, we talked about how much it costs to start this business, and one of the people … one of [inaudible 00:03:54] the monthly fee, the Land Academy fee, and you get a lot for you money-

Jill DeWit:                            Mm-hmm (affirmative), right there.

Jack Butala:                         That’s why I chose to put this question in from all the questions the producer provided for us, because this guy is now getting a deal done, and if he wasn’t part of the group-

Jill DeWit:                            Right.

Jack Butala:                         He wouldn’t be getting it done. Part of our … and I’m not plugging our environment. Jill is right, we never intended this.

Jill DeWit:                            Mm-hmm (affirmative).

Jack Butala:                         In a positive way, it was an unintended consequence of our members getting together. We put up this thing called Deal Board just to see what would happen, and now everybody is working together and doing deals. They’re financing it. He just got financing for an unfinancable product. Unfinancable, it’s very difficult to get conventional financing for a rural vacant land.

Jill DeWit:                            Yep, lenders don’t want to deal on anything that’s unimproved.

Jack Butala:                         So, we have a whole slew of private lenders in our group, just lurking in the shadows, waiting for situations like this.

Jill DeWit:                            Yep, I love it.

Jack Butala:                         It’s really positive.

Jill DeWit:                            I love it.

Jack Butala:                         Extremely positive, that unintended consequence and benefit. Today’s topic, working with your spouse. I’m doing it right now. This is [inaudible 00:05:02] show, and she’s rolling her eyes.

Jill DeWit:                            I’m over here drawing a picture, for you.

Jack Butala:                         I have to say this right up front. Ready?

Jill DeWit:                            Mm-hmm (affirmative).

Jack Butala:                         Working with a spouse-

Jill DeWit:                            Here it comes.

Jack Butala:                         Is a really bad idea. Jill and I have had to … my gosh, Jill, how many times have we had to sit and look at each other and say, “You know what? We’ve got to stop this.”

Jill DeWit:                            Mm-hmm (affirmative).

Jack Butala:                         “We need to change acts, or we’re going to kill each other.”

Jill DeWit:                            It’s amazing that we are still here together.

Jack Butala:                         It really is.

Jill DeWit:                            Some days, I-

Jack Butala:                         I heard somebody say this a lot of years ago, and it really stuck with me, obviously. People who are in a social relationship, or a marriage, they all see the end together, or they see what’s possible, and they see where they’re going. They’re trying to accomplish the same thing.

Jill DeWit:                            Hopefully.

Jack Butala:                         The same thing at work, or the relationship’s not going to last that long.

Jill DeWit:                            Correct.

Jack Butala:                         You and I have a very similar, if not identical, exit/goal for all this, working together.

Jill DeWit:                            Correct.

Jack Butala:                         However, we have a very different way of going about accomplishing that.

Jill DeWit:                            Oh, yeah.

Jack Butala:                         That’s where the problems are. So, when you go with your boss … or, you go to a regular workplace, or you work by yourself, there’s a filter. Like, “God, I think this guy is an a-hole,” but, you don’t say that, for whatever reason-

Jill DeWit:                            Because it’s your co-worker, or your boss, or whatever.

Jack Butala:                         For whatever reason, when you work with your wife-

Jill DeWit:                            You can say that.

Jack Butala:                         That filter is not there.

Jill DeWit:                            Man, I wish we had that filter. Man, that would have saved a lot.

Jack Butala:                         So, my question to you is, sweetheart-

Jill DeWit:                            Oh, no. Wait, say that exact sentence how you really want to say it.

Jack Butala:                         Why is it-

Jill DeWit:                            Come on, re-state it.

Jack Butala:                         You say it. You say it. This is a rated G show.

Jill DeWit:                            So, my question for you, sweetheart … is on what planet is this acceptable? There’s days that you say things like, “No, you’re an [inaudible 00:07:31], you can make that decision,” and you get the [inaudible 00:07:32], I’m not allowed to make that decision. That’s funny.

Jack Butala:                         To this day-

Jill DeWit:                            What, are you doing?

Jack Butala:                         Jill and I, we have different offices in different zip codes, and different staff, and we … every once in a while, I catch myself working on a project with you. It always ends in tragedy. That’s the real truth of it.

Jill DeWit:                            Like, this show.

Jack Butala:                         It ends in a fiery ball, crashing. With any luck, we catch ourselves before it actually gets to that point.

Jill DeWit:                            Well, obviously we do, because we wouldn’t still be here right now.

Jack Butala:                         Right.

Jill DeWit:                            We wouldn’t be laughing about it.

Jack Butala:                         So, while Jill and I-

Jill DeWit:                            It’s funny now.

Jack Butala:                         It’s called the Jack and Jill family-

Jill DeWit:                            I was crying then.

Jack Butala:                         Jack and Jill Family of Companies is what we have established here-

Jill DeWit:                            Yeah.

Jack Butala:                         But, she and I don’t … we don’t work on anything together. This is the only thing we do together at all, this show.

Jill DeWit:                            Aw. But you know, here’s what we’ve done though, and how have we done this? Well, we have now … we have boundaries. We’ve actually, I think, that we’ve set … drawn lines in the sand. That’s your project, that’s my project.

Jack Butala:                         Yeah.

Jill DeWit:                            That’s your … are they going to report to you, or to me? Because, we found even that can be not a good plan.

Jack Butala:                         Right.

Jill DeWit:                            Your office, my office. Projects … you do the data, we are doing the customer service. You’re doing the tech. I mean, you have to really sit down and write it all out. That’s what we have done literally.

Jack Butala:                         We literally have a piece of paper hanging up with a line in the middle, and the stuff that Jill does, and the stuff that I do.

Jill DeWit:                            And, we signed it and dated it.

Jack Butala:                         It works.

Jill DeWit:                            Mm-hmm (affirmative).

Jack Butala:                         It actually works great.

Jill DeWit:                            Mm-hmm (affirmative).

Jack Butala:                         It was a mess for a while.

Jill DeWit:                            Mm-hmm (affirmative).

Jack Butala:                         In the beginning, and really now, I’m acquisitions and you’re sales.

Jill DeWit:                            Mm-hmm (affirmative).

Jack Butala:                         That seems to work really, really well. I don’t like sales, and I’m not sure you like acquisitions.

Jill DeWit:                            I do.

Jack Butala:                         Do you? You like the [crosstalk 00:09:30]

Jill DeWit:                            That’s the fun part. I mean, I don’t like looking at the data like you do.

Jack Butala:                         I live for that stuff.

Jill DeWit:                            I know. For you, it’s a warm, fuzzy experience.

Jack Butala:                         It really is. It’s like, I get high. I get a data high.

Jill DeWit:                            Yeah.

Jack Butala:                         That’s a good name for a show. Data High.

Jill DeWit:                            You know, I kind of … oh, that is good. I like that. That’s a good one, too. I can use that, like my data is the new bacon. I can have fun with that. We got so much traction out of that. You didn’t see that on my social media, it was … I put a funny picture of bacon-

Jack Butala:                         I saw it. I love it.

Jill DeWit:                            [inaudible 00:10:05] awesome. So, Data High. Setting boundaries is how I think … for me, the point of this topic is to save other people. We have a lot of people in our community that are doing this as husband and wife. Why? Because, they’re starting out. It’s a side gig, and they can afford to hire anybody.

Jack Butala:                         That’s right.

Jill DeWit:                            So, they’re looking around going, “Who can answer the phone for me?” And, it’s often the other person. That’s … [inaudible 00:10:31] help and save them, and be successful. For us, like Jack said, dividing things up, and for us, even putting it on paper. I also think too, for us, it’s like having safe areas. We still bring this up, I do, anyway. I’ll say things, “Should we really be talking about business right now at the dinner table?”

Jack Butala:                         That’s right, Jill.

Jill DeWit:                            I don’t like doing that.

Jack Butala:                         You’ve got to have rules.

Jill DeWit:                            Mm-hmm (affirmative).

Jack Butala:                         I don’t like to do it, either.

Jill DeWit:                            Right, and especially not before coffee-

Jack Butala:                         Yeah.

Jill DeWit:                            Because, that’s really not good.

Jack Butala:                         You know, the whole thing about … the girl that you’re in love with, do you really want to talk about business all day, and work with her all day, and then go out to dinner with her? You just don’t.

Jill DeWit:                            Yeah.

Jack Butala:                         It takes a lot of that, you know. We can’t spend too much time with that person, that’s all there is to it.

Jill DeWit:                            Yeah, you want to be missed.

Jack Butala:                         Then, you gotta ask yourself this: Is this … sometimes people move in together because it’s cheaper.

Jill DeWit:                            Right.

Jack Butala:                         That’s a bad idea.

Jill DeWit:                            That’s a really bad idea, you’re right.

Jack Butala:                         Sometimes people work together because it’s cheaper, and it’s just as bad of an idea.

Jill DeWit:                            Yeah.

Jack Butala:                         What you really have to do, and this true in our case, which is why we do it, Jill is just really, really, good at this. I literally cannot think of anybody who would be better to sell real estate, sell our own real estate, than you-

Jill DeWit:                            Thank you.

Jack Butala:                         I mean that.

Jill DeWit:                            Thank you.

Jack Butala:                         We have other people doing it that work for Jill, and some of the acquisition people that work for me, and they’re pretty good at it. But, it’s not like us.

Jill DeWit:                            Right.

Jack Butala:                         That’s okay.

Jill DeWit:                            Exactly.

Jack Butala:                         I don’t know anybody that can crunch data better than me, and price it and get it out.

Jill DeWit:                            No. On the planet.

Jack Butala:                         So, it really, really works. It is worth the risk. Let’s call it a risk, because you are really … all kidding aside, taking a relationship risk by working with your spouse.

Jill DeWit:                            That’s true. That’s very true. With the percentages, I’m sure people that make it, are not really high.

Jack Butala:                         What do you think they are? I should have looked it up before we did the show. What do you think … I bet it’s like 10 percent of the time it works.

Jill DeWit:                            That’s the number I was talking about, I was thinking less than 10.

Jack Butala:                         I really think it’s all because there’s no rules. The failure rate is so high, I’m sure, because people are just staring at each other all day.

Jill DeWit:                            Yeah. What makes it difficult? Let me see here. Stuff will happen.

Jack Butala:                         It’s going to happen, no matter what. It happens with us.

Jill DeWit:                            Sometimes, it’s because with you’re sleeping with that person. You kind of have this sense of … like you say, I guess a no filter part.

Jack Butala:                         Mm-hmm (affirmative).

Jill DeWit:                            Like, I should be able to talk about this, when you probably shouldn’t.

Jack Butala:                         So, this brings another question. Do you think that there’s just people out there that never have any confrontation at all, and they’re honest with each other? Do you think there are people that are married, that have some type of Mayberry-type marriage? Everything is just sweet.

Jill DeWit:                            No.

Jack Butala:                         I don’t think so, either. I don’t think it exists.

Jill DeWit:                            You can’t have one without the other.

Jack Butala:                         I don’t think it exists.

Jill DeWit:                            If there is no confrontation, I don’t think that it’s possible, anyway.

Jack Butala:                         Then, there’s no real-

Jill DeWit:                            Then, you’re married to a wet noodle-

Jack Butala:                         Exactly.

Jill DeWit:                            That all they do is say yes to everything, and nobody wants that.

Jack Butala:                         No, you don’t want that.

Jill DeWit:                            So-

Jack Butala:                         You don’t even want an employee to just say, “Yeah. Yes, ma’am.”

Jill DeWit:                            Exactly. So, yeah. And then to have it … what was the wording that you said? Be honest with yourself, have no confrontation and still be honest with yourself-

Jack Butala:                         Yeah, like-

Jill DeWit:                            And the person?

Jack Butala:                         Yeah.

Jill DeWit:                            That’s not possible.

Jack Butala:                         That’s what I think, Jill. Thank you. That’s what I think. So, the social structure of a relationship … crossing those lines is not healthy.

Jill DeWit:                            Yeah, I like that-

Jack Butala:                         The functionality-

Jill DeWit:                            You have to balance that, yeah.

Jack Butala:                         Is different, yeah.

Jill DeWit:                            You have to balance … and sometimes, you know what? I’m here to tell you there’s times that you should not be honest, and you should keep stuff to yourself. Seriously. You think I’m kidding?

Jack Butala:                         No, I just thought about six of them right now.

Jill DeWit:                            What do you think I do all day, dear?

Jack Butala:                         Sometimes, Jill says stuff like this to me, “The inside of my cheek is bleeding, because I am biting my tongue so hard right now to not tell you what I really think.” And, I do the same thing.

Jill DeWit:                            Yep.

Jack Butala:                         It’s always work stuff. It’s never at home.

Jill DeWit:                            Yep. Yep, that’s exactly right. Yep. I have told that to children and other people-

Jack Butala:                         Yep.

Jill DeWit:                            You have to bite your … you know, whatever cut your tongue, do it.

Jack Butala:                         Cut your tongue?

Jill DeWit:                            Or something, you know what I mean. Don’t say it. Sometimes things are better left unsaid, how’s that?

Jack Butala:                         Do you think there’s any area where we could improve on this?

Jill DeWit:                            Always.

Jack Butala:                         Yeah, me too.

Jill DeWit:                            Mm-hmm (affirmative). We’ll never be perfect at it, and that’s just the way it is. There’s a ying and a yang. There’s good days, there’s bad days. There’s some projects that we have to do together, because you and I have identified … that’s one of the reasons that we’re here together, and why we are still successful, is because of what we do.

Jack Butala:                         Yeah.

Jill DeWit:                            I need to know what’s coming my way, so I kind of sometimes … it helps you … I know you don’t want me to be all involved and up in your stuff, and I don’t want to be up in your stuff, but I do need to kind of have a heads up sometimes on what’s coming my way.

Jack Butala:                         Here’s what the line in that sheet that we were talking about looks like. Marketing is on Jill’s side. The show is on my side. Acquisitions are on my side.

Jill DeWit:                            Sales are on my side.

Jack Butala:                         Content is basically on my side, although Jill does do a lot of content for herself-

Jill DeWit:                            Mm-hmm (affirmative).

Jack Butala:                         At jilldewit.com. What’s on your side?

Jill DeWit:                            Sales are on my side.

Jack Butala:                         Sales.

Jill DeWit:                            Customer service is on my side.

Jack Butala:                         Yeah, all of that. All the website, like new business development, new acquisitions, or new product types like Title Nine, that’s all on my side. So, I get it all set up and ready to go, and then Jill’s team operates it.

Jill DeWit:                            Isn’t that cool? That’s pretty cool, actually. It took us a long time to figure that out. But yeah, you do. You queue them up to me and then hand it over, and then we take it from there. If it needs staff, I hire the staff, and get them up and going and get it running.

Jack Butala:                         Exactly.

Jill DeWit:                            Like, [inaudible 00:16:24], that’s a good example.

Jack Butala:                         Mm-hmm (affirmative).

Jill DeWit:                            So, that’s cool.

Jack Butala:                         This whole House Academy thing that we’re recording right now, and Jill and I are actively buying houses in multiple markets and we’re knocking it out of the park, that was all kind of like my brain child over the last … we’ve always bought and sold houses, but not the way we are now.

Jill DeWit:                            Yeah.

Jack Butala:                         That was all kind of my doing.

Jill DeWit:                            You know what’s so great about this, Jack? I gotta say this side note. I remember, and it’s still this way. People still look at us sideways like, “What do you mean you bought a piece of property that’s two states over?” You know, seriously. They look at … I’m like there’s nothing on it. There’s a map. Is it really that hard? Are you worried about it? If there’s a fire, that’s actually great. Now, the weeds are gone. Who cares?

Now, we can really … it’s funny, when we’re telling people we’re doing it two states over, and then starting to share with the planet how to buy and sell a house two states away, “What do you mean I don’t have to drive there?” Oh, wait.

Jack Butala:                         Wow.

Jill DeWit:                            Yeah.

Jack Butala:                         I was talking to somebody at the [inaudible 00:17:24] Club recently, and this is … a long story short, this is what the guy said, “I’d never want to put a boat in a slip. I only ever want it to be on a trailer.” I said, “Why? It’s so much work.”

Jill DeWit:                            I’ve never heard of that.

Jack Butala:                         He said, “Because I worry about it. I worry about the boat. It keeps me up at night, if it’s just floating in the water.” So, my point in saying all this is, which I think is crazy, because I’ve never had a boat on a trailer-

Jill DeWit:                            That’s really weird.

Jack Butala:                         It’s always been on a slip. My point in triggering this is that people are really, really different. Their level of comfort is dramatic.

Jill DeWit:                            True.

Jack Butala:                         We have real estate all over this country. We used to have a bunch in Canada, too. I’ve never had that thought once, like wow. I wonder what’s happening. Maybe it’s going to burn down.

Jill DeWit:                            Exactly. Oh, no.

Jack Butala:                         Never, not one time.

Jill DeWit:                            Maybe somebody’s camping on it, and I don’t know.

Jack Butala:                         Right.

Jill DeWit:                            Big deal. I don’t know.

Jack Butala:                         Everybody’s got a threshold for stuff.

Jill DeWit:                            Yeah.

Jack Butala:                         Not once have I worried about a boat in the water. Not one time.

Jill DeWit:                            Isn’t that funny?

Jack Butala:                         Mm-hmm (affirmative).

Jill DeWit:                            I’m that way with our children.

Jack Butala:                         I wonder where they are right now.

Jill DeWit:                            I don’t even know.

Jack Butala:                         That’s awesome. My point is-

Jill DeWit:                            What children?

Jack Butala:                         You and I [inaudible 00:18:37] are just very similar. We really are. We have very similar thresholds for stuff.

Jill DeWit:                            Yep.

Jack Butala:                         I see no risk in this business that we have, and I don’t think you do, either.

Jill DeWit:                            No.

Jack Butala:                         I don’t ever question when we buy property, if we’re going to get our money out of it.

Jill DeWit:                            I never did.

Jack Butala:                         Yeah, not one time have I ever had that thought.

Jill DeWit:                            Ever.

Jack Butala:                         Even in the beginning.

Jill DeWit:                            You know what? That’s the whole thing about our business, and for people who are starting out. If you have a question, and you’re worried about that particular property, and you’re wondering if you’re overspending, you probably are. Don’t buy it.

Jack Butala:                         Yeah, that’s right, Jill. You nailed it. If you’re concerned, then don’t buy it.

Jill DeWit:                            Mm-hmm (affirmative). You should be running to the bank like, “Oh my gosh, I can’t believe it.” And you’re racing to the bank. That’s what we do every single time.

Jack Butala:                         So, the question today, this 40 acre property in the county in Arizona that I was not supposed to say-

Jill DeWit:                            Mm-hmm (affirmative).

Jack Butala:                         For eight grand, is slightly out of my price threshold. I’m used to paying four.

Jill DeWit:                            Right.

Jack Butala:                         But, I’ll say, it’s going to take a little longer. He’s going to do fine on it, if he can drive right up to it, in a two wheel drive car. He’s going to do great. It wouldn’t hurt if it was $6,000.00, instead of eight.

Jill DeWit:                            Or, four.

Jack Butala:                         Or, four is good.

Jill DeWit:                            Mm-hmm (affirmative).

Jack Butala:                         I bet you if Jill got on the phone with the seller, I’d give her 10 minutes, she’d get it done in four.

Jill DeWit:                            I might be able to do that.

Jack Butala:                         That’s why we work together.

Jill DeWit:                            Exactly. I agree.

Jack Butala:                         Well, you’ve done it again. You’ve wasted another, I don’t know, 20 minutes listening to the Jack and Jill Show. Join us tomorrow where we discuss bending your acquisition criteria.

Jill DeWit:                            And, we answer your questions. Should you have one, post it on the jackjill.com online community.

Jack Butala:                         You are not alone in your real estate ambition.

Jill DeWit:                            Do you think that we properly shared what we need to do-

Jack Butala:                         I think we told the truth.

Jill DeWit:                            We did tell the … we always tell the truth.

Jack Butala:                         If you just listen to our show, it just sounds like everything is peachy all the time. Oh, yeah. We’re printing money, and we’re kissing each other-

Jill DeWit:                            Yeah, that’s right.

Jack Butala:                         At work.

Jill DeWit:                            That’d be hilarious.

Jack Butala:                         That’s just not how it is, although the printing money part is pretty close, but-

Jill DeWit:                            Right. It’s not always, “Oh, sweetheart. How can I help you today?”

Jack Butala:                         For instance, I know you and I can’t talk about work in the morning over coffee. We just can’t handle it. We end up screaming at each other.

Jill DeWit:                            That’s hilarious.

Jack Butala:                         I just avoid it altogether.

Jill DeWit:                            Yeah. Exactly. That’s so funny.

Jack Butala:                         Talking about work at dinner, especially when we’re out, is a real bad idea.

Jill DeWit:                            It is. We have ourselves trained now, too. If any dinner talk, it’s all positive. Like, “I can’t believe we closed that today. High five. You want a glass of wine?” You know? It’s celebrating.

Jack Butala:                         Right.

Jill DeWit:                            That is appropriate work dinner talk.

Jack Butala:                         Right.

Jill DeWit:                            Any other work dinner talk, like, “Should we keep that person on our staff?” No. Don’t do that.

Jack Butala:                         The other thing too, Jill, that we’re long past, and it wasn’t like this in the beginning is that I trust your judgment for the stuff that you’re responsible for, and I don’t question it.

Jill DeWit:                            Thanks.

Jack Butala:                         In the beginning, I think both of us … we questioned each other a lot, because we weren’t … we just didn’t know what our limits were. We didn’t really have any track record together.

Jill DeWit:                            Okay.

Jack Butala:                         Now, it’s like … do you question the data that I crunch to get offers out? Never.

Jill DeWit:                            Oh, gosh, no.

Jack Butala:                         And, I don’t question how you handle customer service, or customers or buyers or sellers ever.

Jill DeWit:                            Thank you.

Jack Butala:                         I’m 100 percent confident on however you handle it, and the decisions you make is better than me. Seriously.

Jill DeWit:                            Thank you. I appreciate that.

Jack Butala:                         I think couples … they can really run into problems like that.

Jill DeWit:                            Yeah.

Jack Butala:                         You can’t expect your wife or your husband to do stuff that you don’t want to do, and then criticize them for it.

Jill DeWit:                            Correct.

Jack Butala:                         I think that happens in a lot of marriages.

Jill DeWit:                            Yeah, you can’t dump all the crappy jobs on one person. That’s just not cool.

Jack Butala:                         And, then criticize them.

Jill DeWit:                            Exactly. Not only did you take forever to do that, you did it wrong. Oh, no, no. You can’t do that.

Jack Butala:                         Jack, you have never taken out the garbage properly.

Jill DeWit:                            Oh, silly.

Jack Butala:                         Stuff like that, it’s ridiculous.

Jill DeWit:                            That’s hilarious. I agree. Thank you. Hey, share the fun, please, by subscribing on iTunes, or wherever you’re listening. While you’re at it, write us there.

Both:                                     We are Jack and Jill.

Jack Butala:                         Information.

Jill DeWit:                            And, inspiration.

Jack Butala:                         To by undervalued property.

 

If you enjoyed the podcast, please review it in iTunes . Reviews are incredibly important for rankings on iTunes. My staff and I read each and every one.

If you have any questions or comments, please feel free to email me directly at jack@jackjill.com.

The JackJill Family of Companies include:

https://jackjill.com

https://offersacademy.com

https://offers2owners.com

https://titlemind.com

https://landinvestors.com

https://landacademy.com

https://landpin.com

https://parcelfact.com

I would like to think it’s entertaining and informative and in the end profitable.

And finally, don’t forget to subscribe to the show on iTunes.

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How To Survive A Recession Selling Land (LA 1995)

Today, Steven and Jill offer crucial insights for successful land acquisition in the 2024 recession, emphasizing the need for the cheapest property and strategic deal creation. They also share experiences and advice on working with a spouse in the land business, highlighting the importance of

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2024 Land Guide title above Jack and Jill, episode 1994

Land Buying Guide: 3 Best & 2 To Avoid in 2024! (LA 1994)

Dive into the ever-evolving landscape of land investing online with Jill and Jack in this revealing episode. They share insights into the dynamic world of mailer yield, tracing its evolution from the ’90s to 2024. Discover how market shifts, tools, and strategies have shaped their

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No need to hire staff - we did it for you.

Land Academy PRO is the brainchild of founders Steven Jack Butala and Jill DeWit. Designed at the request of Land Academy members who are ready for a higher level, we’re excited to continue to provide the tools and support needed by professional investors.

Each level comes with a preset amount of included data, Concierge Mail service, and postage. For example, the Green level includes 6,000 units of completed-for-you mail completely out the door at no extra cost to you.

All levels include a PatLive introduction and preset script (we will set up your phone answering for you), use of Land Academy’s personal Transaction Team to manage your deal flow, an AirTable (CRM) base setup managed by our (and your!) Transaction Coordinator, personal consulting, regular office hours, and includes your Land Academy subscription cost.

If you’re making this a business, Land Academy PRO takes the work off of your plate so you can focus on the things that matter – like running your business.

Green

$10,060

per Month

Silver

$14,590

per Month

Gold

$19,120

per Month

Platinum

$23,650

per Month

Black

$28,180

per Month

Concierge Data+ (with data) Included mailers each month (data + concierge + mailer + postage). Our team will do your data for it and get it out the door.
6,000 mailers 9,000 mailers 12,000 mailers 15,000 mailers 18,000 mailers
PatLive introduction at no cost We will help you establish your first script and get PatLive set up on your behalf to answer your phones.
$500 value $500 value $500 value $500 value $500 value
Transaction Coordinator Use of our personal Transaction Coordinator team to manage your deals. Trained and ready to go!
$7,500 value $7,500 value $7,500 value $7,500 value $7,500 value
AirTable Ready-for-you CRM managed by your personal Land Academy Pro Transaction Coordinator
$100 value $100 value $100 value $100 value $100 value
Personal Consulting 1 on 1 personal consulting with our Transaction Coordinator each week.
- - $1,000 value $1,000 value $1,000 value
Regular Office Hours Regular office hours with Jack and Jill + our staff. Private for LA Pro Members Only. (Think Career Path Office Hours)
$2,500 value $2,500 value $2,500 value $2,500 value $2,500 value
ParcelFact ParcelFact is included in your LA Pro membership with unlimited pulls.
$150 value $150 value $150 value $150 value $150 value
FREE Career Path Access
$23,000 value $23,000 value $23,000 value $23,000 value $23,000 value
Land Academy No more separate charges - Land Academy is included with LA Pro Membership. This includes all education, tools, support, and future releases.
$300 value $300 value $300 value $300 value $300 value
Subtotal: $8,550 value $8,550 value $9,550 value $12,050 value $12,050 value
Mail Value: $7,500 value $11,250 value $15,000 value $18,750 value $22,500 value
Total Value: $39,050 $42,800 $47,550 $53,800 $57,550
Apply Now Apply Now Apply Now Apply Now Apply Now

Green

$10,060

per Month

Concierge Data+ (with data) Included mailers each month (data + concierge + mailer + postage). Our team will do your data for it and get it out the door.
6,000 mailers
PatLive introduction at no cost We will help you establish your first script and get PatLive set up on your behalf to answer your phones.
$500 value
Transaction Coordinator Use of our personal Transaction Coordinator team to manage your deals. Trained and ready to go!
$7,500 value
AirTable Ready-for-you CRM managed by your personal Land Academy Pro Transaction Coordinator
$100 value
Personal Consulting 1 on 1 personal consulting with our Transaction Coordinator each week.
-
Regular Office Hours Regular office hours with Jack and Jill + our staff. Private for LA Pro Members Only. (Think Career Path Office Hours)
$2,500 value
ParcelFact ParcelFact is included in your LA Pro membership with unlimited pulls.
$150 value
FREE Career Path Access
$23,000 value
Land Academy No more separate charges - Land Academy is included with LA Pro Membership. This includes all education, tools, support, and future releases.
$300 value
Subtotal: $8,550 value
Mail Value: $7,500 value
Total Value: $39,050
Apply Now

Silver

$14,590

per Month

Concierge Data+ (with data) Included mailers each month (data + concierge + mailer + postage). Our team will do your data for it and get it out the door.
9,000 mailers
PatLive introduction at no cost We will help you establish your first script and get PatLive set up on your behalf to answer your phones.
$500 value
Transaction Coordinator Use of our personal Transaction Coordinator team to manage your deals. Trained and ready to go!
$7,500 value
AirTable Ready-for-you CRM managed by your personal Land Academy Pro Transaction Coordinator
$100 value
Personal Consulting 1 on 1 personal consulting with our Transaction Coordinator each week.
-
Regular Office Hours Regular office hours with Jack and Jill + our staff. Private for LA Pro Members Only. (Think Career Path Office Hours)
$2,500 value
ParcelFact ParcelFact is included in your LA Pro membership with unlimited pulls.
$150 value
FREE Career Path Access
$23,000 value
Land Academy No more separate charges - Land Academy is included with LA Pro Membership. This includes all education, tools, support, and future releases.
$300 value
Subtotal: $8,550 value
Mail Value: $11,250 value
Total Value: $42,800
Apply Now

Gold

$19,120

per Month

Concierge Data+ (with data) Included mailers each month (data + concierge + mailer + postage). Our team will do your data for it and get it out the door.
12,000 mailers
PatLive introduction at no cost We will help you establish your first script and get PatLive set up on your behalf to answer your phones.
$500 value
Transaction Coordinator Use of our personal Transaction Coordinator team to manage your deals. Trained and ready to go!
$7,500 value
AirTable Ready-for-you CRM managed by your personal Land Academy Pro Transaction Coordinator
$100 value
Personal Consulting 1 on 1 personal consulting with our Transaction Coordinator each week.
$1,000 value
Regular Office Hours Regular office hours with Jack and Jill + our staff. Private for LA Pro Members Only. (Think Career Path Office Hours)
$2,500 value
ParcelFact ParcelFact is included in your LA Pro membership with unlimited pulls.
$150 value
FREE Career Path Access
$23,000 value
Land Academy No more separate charges - Land Academy is included with LA Pro Membership. This includes all education, tools, support, and future releases.
$300 value
Subtotal: $9,550 value
Mail Value: $15,000 value
Total Value: $47,550
Apply Now

Platinum

$23,650

per Month

Concierge Data+ (with data) Included mailers each month (data + concierge + mailer + postage). Our team will do your data for it and get it out the door.
15,000 mailers
PatLive introduction at no cost We will help you establish your first script and get PatLive set up on your behalf to answer your phones.
$500 value
Transaction Coordinator Use of our personal Transaction Coordinator team to manage your deals. Trained and ready to go!
$7,500 value
AirTable Ready-for-you CRM managed by your personal Land Academy Pro Transaction Coordinator
$100 value
Personal Consulting 1 on 1 personal consulting with our Transaction Coordinator each week.
$1,000 value
Regular Office Hours Regular office hours with Jack and Jill + our staff. Private for LA Pro Members Only. (Think Career Path Office Hours)
$2,500 value
ParcelFact ParcelFact is included in your LA Pro membership with unlimited pulls.
$150 value
FREE Career Path Access
$23,000 value
Land Academy No more separate charges - Land Academy is included with LA Pro Membership. This includes all education, tools, support, and future releases.
$300 value
Subtotal: $12,050 value
Mail Value: $18,750 value
Total Value: $53,800
Apply Now

Black

$28,180

per Month

Concierge Data+ (with data) Included mailers each month (data + concierge + mailer + postage). Our team will do your data for it and get it out the door.
18,000 mailers
PatLive introduction at no cost We will help you establish your first script and get PatLive set up on your behalf to answer your phones.
$500 value
Transaction Coordinator Use of our personal Transaction Coordinator team to manage your deals. Trained and ready to go!
$7,500 value
AirTable Ready-for-you CRM managed by your personal Land Academy Pro Transaction Coordinator
$100 value
Personal Consulting 1 on 1 personal consulting with our Transaction Coordinator each week.
$1,000 value
Regular Office Hours Regular office hours with Jack and Jill + our staff. Private for LA Pro Members Only. (Think Career Path Office Hours)
$2,500 value
ParcelFact ParcelFact is included in your LA Pro membership with unlimited pulls.
$150 value
FREE Career Path Access
$23,000 value
Land Academy No more separate charges - Land Academy is included with LA Pro Membership. This includes all education, tools, support, and future releases.
$300 value
Subtotal: $12,050 value
Mail Value: $22,500 value
Total Value: $57,550
Apply Now

Disclaimer: *We have a monthly “use it or lose it” policy with mail and data – Land Academy PRO is designed to keep you on-track and consistent.

To cancel, all packages require a 30 day notice to move you back down to regular Land Academy membership.

Office Hours Schedule

Scheduling a Career Path interview call is currently on hold and will resume closer to Fall 2024 as we approach Career Path 10.

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