Infill Lots or Large Acreage? Choosing land development in an urban environment.

Infill Lots or Large Acreage? (JJ 669)

Infill Lots or Large Acreage? (JJ 669)

Transcript: 

Jack Butala:                         Jack and Jill Here.

Jill DeWit:                            Hello.

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

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

Jack Butala:                         Today, Jill and I talk about info lots or large acreage, which one, which product type works better for you. Which one makes more money, which one’s easier to deal with, what attracts more buyers.

Jill DeWit:                            What are the differences ….

Jack Butala:                         Yeah, I feel qualified, and I’m sure Jill does too, to answer …. to tell you what we think. It rarely translates ….

Jill DeWit:                            You know, that’s one thing that’s so great about you Jack. You never, don’t have an opinion, I just want to say that. That’s double negative but, you’re really good …. Good, bad or otherwise-

Jack Butala:                         Yeah.

Jill DeWit:                            …. sharing your opinion.

Jack Butala:                         Yup, yeah the good thing or good news is that, you know people can turn this show off.

Jill DeWit:                            Well, that’s true, well I was gonna give another positive, which is people …. you know where you stand, but you know-

Jack Butala:                         That’s true.

Jill DeWit:                            There’s no wishy washiness about you Jack. You know, there’s no “Gee did he …. what did he mean, was he being sarcastic? Oh no, that was legitimate, if he looks pissed, he probably is”.

Jack Butala:                         There’s a compliment in there somewhere.

Jill DeWit:                            There is.

Jack Butala:                         Or maybe not, I don’t know we’ll find out in a minute.

Jill DeWit:                            Ha, okay.

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

Jill DeWit:                            Okay, Jordan asks “So I recently purchased a parcel of land that …. of Jack’s four A’s, which we’ll cover in a second. Really only has one …. only has acreage, and could be sold for a relatively small amount of money. As I was able to purchase it for very little, but other than that, admittingly doesn’t have much going for it”.

Jack Butala:                         So my four A’s, before Jill continues her question are: Acreage, every time you look into a property, you check for the four A’s. So does it have acreage? More is better, this is for land only. Does it have affordability? Cheaper’s better.

Jill DeWit:                            That’s number two.

Jack Butala:                         Does it have access?

Jill DeWit:                            That’s number three.

Jack Butala:                         Can you get to it, and number four is, attributes. Is it close to the Grand Canyon? Is there a working ranch next to it? Is it there …. Is there mountain views? Anything that makes it-

Jill DeWit:                            …. Heavily tree’d.

Jack Butala:                         Yeah, any of those things.

Jill DeWit:                            Some kinds of cool attribute.

Jack Butala:                         Camping spot.

Jill DeWit:                            Exactly.

Jack Butala:                         Mobile lot, all that stuff so, he checked for his four …. The four A’s and only had one, acreage.

Jill DeWit:                            He chose acreage, well, you know what, I’ma say it technically kinda has two. It’s got acreage and affordability where we’re going with this, so let me …. I’ma continue on. It’s not that I think there’s anything wrong with it per se, it’s not like it’s contained- Contaminated, etc. But it’s basically just desert land, in the middle of nowhere without any apparent amenities, and is landlocked. So I have to assume, that if this appeals to anyone, it will have to be for same reason that it appealed to me. That someone is simply looking to own, a reasonably large chunk of land.

Jack Butala:                         For very little money.

Jill DeWit:                            Mm-hmm (affirmative), “Has anyone had a situation like this?”

Jack Butala:                         We live this situation.

Jill DeWit:                            “If so, how do you market it? Did you just do what I said above, and focus almost exclusively on the size of the land. Furthermore, what did you do with pictures, when access is an issue? Is there a neighbor ladder strategy in my best bet here?”

Jack Butala:                         Nice.

Jill DeWit:                            …. “Is the neighbor ladder strategy my best bet here, any thoughts from someone who has successfully sold land in this situation would be appreciated, thanks”. Well that, that could be us.

Jack Butala:                         It is us.

Jill DeWit:                            I know.

Jack Butala:                         Again I feel qualified to answer this question. You have to make a decision, at a really early point, hopefully in your career, about access. Cause I will tell you, property that has no access, when you look at it on a map, there’s just no real way to get to it. Even if it’s just a little two track trail, there’s no way to get to it, but it’s really, really cheap. You have to decide if you want to be in that business or not, no matter what you decide you have to disclose it. You really need to actually shoot it off in a firework in the posting that says “Look, potential buyer, please check access, I do not want you to be disappointed”. Or you need a helicopter to get to it, or whatever you’ve looked into and found you need to disclose it, that’s number one.

I will tell you this, there is a massive, and growing market for access-less property.

Jill DeWit:                            I was just gonna say that.

Jack Butala:                         Some of our members, exclusively deal in this type of property. I have never, in my career, in the almost 16,000 deals that we’ve done, purchased a property with no apparent access, and had a problem selling it.

Jill DeWit:                            Right.

Jack Butala:                         We’ve also really disclosed it and heres why. There are a lot of people, who really want to get lost.

Jill DeWit:                            Be off the grid.

Jack Butala:                         Off the grid, that’s right.

Jill DeWit:                            There’s so much going on, about being off the grid.

Jack Butala:                         If I had a nickel for every seller I’ve ever talked to who’s said “The harder it is to get to it, the more I want to be there”.

Jill DeWit:                            Right.

Jack Butala:                         They just want to get lost.

Jill DeWit:                            Yup.

Jack Butala:                         And I never ask why, but I get it, if you go onto YouTube and-

Jill DeWit:                            Yup.

Jack Butala:                         …. Look up off the grid, or anything like that, there’s a lot of shows-

Jill DeWit:                            Just saying, it’s a cool ATV, you know go find my property adventure. People like that stuff, it sounds crazy like that-

Jack Butala:                         There’s a ton of people on YouTube that really want-

Jill DeWit:                            You know what it’s like? Like geo cashing, remember that? For a couple of years ago, that thing that people were doing, like you would go and find the GPS coordinates. And you’d go out in the middle of nowhere and find the treasure, and you would go online and put there that you found the treasure and you replaced it with something else, and that it was like a game. So it’s like that, people want to do that, so.

Jack Butala:                         I’ve never heard of that in my life.

Jill DeWit:                            Really?

Jack Butala:                         Yeah I guess, per like, yesterday we talked about, I’m just obsessed with other stuff.

Jill DeWit:                            Oh, my brother was into that, and you’d need 4-wheel drive, and a GPS, and they’d be out there doing it, and that was back before our phones would do all that stuff.

Jack Butala:                         Yeah.

Jill DeWit:                            It was really more of an adventure.

Jack Butala:                         There’s a whole subculture, or I guess it’s not even subculture anymore, where people buy property, probably some of it from us, and have a whole YouTube show about how they survive. They’d grow chickens, and vegetables and food, they’re not prepper kooks, they’re people that just are sick and tired of living in a city. They have great internet, satellite internet connection, so they’re totally connected to the world, and you can …. we all know we can make money on the internet from anywhere …. live that lifestyle. That’s who’s gonna buy this property Jordan.

Jill DeWit:                            There are prepper kooks too by the way.

Jack Butala:                         And we have a whole separate group of members-

Jill DeWit:                            Not that they’re kooks but you know what I mean.

Jack Butala:                         …. Separate group of members who make it their business to get access to properties like this, so if you buy big piece of property real cheap, and then get easements, and get a road in there, now you got something valuable.

Jill DeWit:                            Well you know what, and the bottom line is that I know, I’m joking about the prepper thing, everybody is …. Here’s the whole thing, prepper’s are awesome and that’s their thing. You know, this is where, you don’t put …. Just because it doesn’t sing to you, doesn’t mean it’s not gonna sing to somebody else.

Jack Butala:                         Exactly Jill.

Jill DeWit:                            That’s the whole point, and that was one of things that I had to learn for myself-

Jack Butala:                         Me too.

Jill DeWit:                            …. And it sounds like you do also here, Jordan. You know like, everything that we are using, all these examples and everything that we’re talking about is real. Just because you think “Oh, there’s no access, I’m gonna have trouble selling it”. You know what there’s some like Jack, that’s the whole point of the whole thing. There’s somebody out there, for whatever reason, they want no access, and you don’t want to accidentally sell it to the wrong person. That’s why Jack’s saying be upfront, disclose it and everything, just make sure we go “Hey, this is a tricky one to get to, I hope you have an ATV”. Cause someone’s gonna go “Awesome, that’s what I want”. There you go.

Jack Butala:                         I mean, right in the first chapter of the Ebook, that I write about “The Land Academy”, I have a plaque up there that says “One man’s treasure, is another man’s trash” and that’s just the way it is.

Jill DeWit:                            Exactly.

Jack Butala:                         Today’s topic: Along these lines should we buy info lot’s or large acreage, which one’s better for your personality type or your business model, let’s talk about the pro’s and cons.

Jill DeWit:                            Which one do I look better standing on? “Gee, the large acreage with the big view or”-

Jack Butala:                         There’s a woman’s point of view, “which one makes me look better?”.

Jill DeWit:                            …. “Or I look better standing on the small parcel, in the middle of you know Manhattan.”, I don’t know.

Jack Butala:                         “Does this property make me look fat?”

Jill DeWit:                            Right, there you go, then you want the large acreage.

Jack Butala:                         This is the[inaudible 00:08:33] show.

Jill DeWit:                            Does this property make me look fat. That’s good dude, thank you very much.

Jack Butala:                         You’re writing that down?

Jill DeWit:                            I am, I’m gonna use that, I need, that’s another one, like my day is a new bacon, I’m gonna say “Does this property make me look fat?”. This is good.

Jack Butala:                         Let’s talk about value and pricing, while Jill’s writing this down.

Jill DeWit:                            Okay.

Jack Butala:                         Less than three lot’s from us, is an info lot that’s worth four million dollars, that’s the size of a postage stamp, it’s just big enough, or small enough, depending on how you look at it, to put a structure on it. And it’s a side lot, next to a property, that a person purchased, its right on the ocean. And it’s worth like I said, probably four million dollars, Jill and I have lots, side, quarter acre properties, all over the south west that are probably worth, 500 to 1500 dollars, much larger. So we’re not talking about dollar amount’s we’re talking about value. Consumer value, or perceived value, so let’s put size aside for a second and let’s talk about use, because that’s what this really centers around.

The postage stamp property I just referred to, someone would put a structure on it, and spend four million bucks on the dirt, couple of million dollars on the structure and have an asset that they’ll enjoy. Somebody else, might take a really large parcel like, let’s say, 640 acre’s, which Jill and I have done a lot deals like that. 640 acre’s is a square mile, it’s also called a section, and you can physically visualize, or if you can visualize physically around the perimeter of that, you know you’re gonna drive four miles. It’s a huge, huge piece of property.

We’ve regularly done deals where we’ve purchased those for about 40 to 60 thousand dollars, and sell them for 100 to 120, and the person that buys it, is getting a smoking deal. So which would you rather do Jill? A property on the ocean, or a whole section in let’s say, Central California?

Jill DeWit:                            Both, seriously I don’t have a-

Jack Butala:                         Oh my gosh, you just always surprise me.

Jill DeWit:                            Oh!

Jack Butala:                         That’s the best answer.

Jill DeWit:                            Thank you. I don’t have-

Jack Butala:                         I thought for sure you’d pick the ocean property.

Jill DeWit:                            That’s hilarious, that’s …. well good I’m glad I surprised you.

Jack Butala:                         You’re the girl for me.

Jill DeWit:                            Thank you, I don’t really have a …. It’s all about the deal, honestly. I really you know, I never really had it like I thought I would. I thought going into this business, that I’m gonna have a natural, like “Oh, I don’t want to sell that one, oh let’s keep it for ourselves”, or whatever like that.

Jack Butala:                         I have that every day.

Jill DeWit:                            I know, isn’t that funny?

Jack Butala:                         Yeah.

Jill DeWit:                            How is that possible? And then I’m like “Eh, forget it, there’s gonna be another one tomorrow, let it go. They want it? Great, sell it, I’ll find one better, doesn’t matter, you know”. I don’t really care, which is really weird, you early on said, see it like a line item. I live and breathe and see it like a line item now. I see it as a big transaction, the only thing that gets me excited is really, is the end. The end, like you know, I know what I bought it for and I know it’s gonna sell, and then when I see it happen, I’m like “Yeah, that’s it”. So-

Jack Butala:                         Here’s what I’ve learned about people who buy real estate, especially people who buy real estate online. They’re looking for a lifestyle, cause they’re not happy with the one that they have, or they want some type of vacation type release. Where they can take their family two hours’ away, and drive there, put a tent on it, put an RV on it, build a little mobile home or a tiny house or whatever you call it now. But they want some type of story that describes what they’re after like, “Enjoy northern Michigan, during the winter, use it for hunting property, park your RV”. You know ….

Jill DeWit:                            Yup.

Jack Butala:                         So, that’s the story, or that’s like lets call it like the American dream slash they’ll build land ownership dream, with their little, you know little house …. Somebody in the office recently said “It’s little house on the Prairie, that’s what they want”, and it’s exactly what they want. It’s a perfect way to say it, that house with the smoke coming out the stack, with the stream running through it and the whole thing.

Jill DeWit:                            Right.

Jack Butala:                         So the closer you can get to that for the least amount of money, the more real estate you’re gonna sell.

Jill DeWit:                            Totally, a lot of people, lets be honest, I mean most people don’t know that they can own property this inexpensively, and this easily, so a lot of people find this and go “Wow, this is the greatest thing on the planet”-

Jack Butala:                         Right.

Jill DeWit:                            …. “Really I mean, like I could put this on my credit card!”

Jack Butala:                         Yup, and they do.

Jill DeWit:                            “Like that, this is insane, you know I didn’t know that”. And what’s really kind of cool, is I’ve watched a lot of our buyers do this, they weren’t intending to build a portfolio, but they do. I think it’s kind of funny, I’ve had a lot of buyers that they’ve only bought the one cabin property, then they go “You know that one next door was available, do you still have that one?”

Jack Butala:                         Right.

Jill DeWit:                            Sure! So I roll that in.

Jack Butala:                         You know what, I just saw one just like that.

Jill DeWit:                            Uh-huh (affirmative).

Jack Butala:                         That just happened, like it’s funny you mentioned …. well maybe you saw the same thing.

Jill DeWit:                            I didn’t, no.

Jack Butala:                         We had two, five acre properties in central New Mexico, that you bought Jill a while ago. It’s great that you don’t remember this cause, I don’t –

Jill DeWit:                            I didn’t see it go through the closed.

Jack Butala:                         Because, it tells me that you never …. You didn’t …. You looked at it like a line item.

Jill DeWit:                            Yeah.

Jack Butala:                         You didn’t look at it for …. And I didn’t because it had tall pine tree’s. I mean really it was on a lake.

Jill DeWit:                            Yeah.

Jack Butala:                         Anyway, the person that bought the first one came back, recently and bought the second one-

Jill DeWit:                            That’s good.

Jack Butala:                         …. Because, they went up to look at it.

Jill DeWit:                            Yeah that’s so cool. Now you got two of them.

Jack Butala:                         I think we got five thousand bucks each.

Jill DeWit:                            Well and then what happens is, now you know, okay now you got the …. They got the two and they’re like …. Especially with unimproved land, the property tax is really low, you know, I mean there’s no utilities-

Jack Butala:                         Right.

Jill DeWit:                            …. Those things you have to worry about. Most of them, there are some of them that are in a HOA, or a POA, a Home Owner’s Association, or Property Owner’s Association, which is always …. I usually see those as a good thing. Cause that means that they are working on-

Jack Butala:                         Roads.

Jill DeWit:                            …. Roads, and utilities-

Jack Butala:                         Right.

Jill DeWit:                            …. And services, and you know the fire department, and things like that. So I see that as an improvement, you just need to be aware of it and be ready for it, but next thing you know though these people go “Wow, you know what I’m gonna start …. “. They start collecting them, and they do see it as an asset for their family, and a legacy for their kids, and I think it’s awesome. So we have a lot of people that are …. because we mainly are whole sale, where we usually flipping it at those prices, but we don’t …. You don’t have to have a license as a whole seller, there’s no such thing by the way. So anybody can come to us, and get it at whole sale prices. I don’t change my prices, I don’t, I just sell to everybody, and they start to become their own investors.

Jack Butala:                         Yeah.

Jill DeWit:                            And it’s really, really cool.

Jack Butala:                         That’s what happens.

Jill DeWit:                            And they’re collecting stuff and then-

Jack Butala:                         Sneaks up on you.

Jill DeWit:                            …. It does! And it’s great, I mean, and then they feel what we feel, which is at the end of the day, every day I go to bed. And you know Jack and I talked about a couple days ago on a show, the number of properties that are sitting there, in our inventory right now. And I don’t worry about it, I don’t really care, it’s all paid for, I sleep great, I’m not worried that they’re not selling right now or today, or whatever. It’s gonna happen, its totally fine.

Jack Butala:                         Oh yeah.

Jill DeWit:                            And I know that’s what they think.

Jack Butala:                         It always sells.

Jill DeWit:                            So, yeah these people are collecting them-

Jack Butala:                         Always.

Jill DeWit:                            …. Are probably going “You know what this is great, I don’t need to get my money back out of this, we budgeted for this, these are all paid for, and if something happens, now it’s the kids that are gonna get it, it’s gonna be just fine”.

Jack Butala:                         And you know what, this is how men think too. If when you have a piece of dirt like that, there’s just a fall back plan.

Jill DeWit:                            Yeah.

Jack Butala:                         Like if some stuff goes wrong, you can always just use that piece of dirt for something, or throw a mobile on there or something.

Jill DeWit:                            I’m glad you said that, cause I think that’s a lot of what people think of too. You brought up the vacation people, you brought up the people that are trying to have a different lifestyle. I do think that especially in our, I don’t know if climate’s the right word, but the way things are with our country, and our world today, I think people want a piece of dirt to have in their back pocket. To know that I have a place to go, should all hell break loose, seriously.

Jack Butala:                         Yup.

Jill DeWit:                            So, that’s not crazy too, and you can’t do that on a info lot.

Jack Butala:                         That’s-

Jill DeWit:                            Well you could.

Jack Butala:                         …. You know I was leading up to that. That’s the perfect Segway, info lots are not going to provide that.

Jill DeWit:                            Right.

Jack Butala:                         This little house on the Prairie story we’re talking about, with solar panels and rain water. Acreage will. Info lots, it’s a totally different customer, in a different …. Nobody is ahead, they’re not dreaming about info lots, they’re usually whole sale guys, or they’re usually house renovators that know a whole sale guy, or they’re hard money people. They’re industry people, so it’s a lot easier, in my opinion to sell info lots to an educated group …. It’s the same process as selling SFR’s-

Jill DeWit:                            Right.

Jack Butala:                         …. With info lots.

Jill DeWit:                            True.

Jack Butala:                         You got to have a lot more dough, because info lots are a lot more expensive.

Jill DeWit:                            It’s true.

Jack Butala:                         But if you’re into; fast deals, spending a bunch of money, and making a bunch of money, commercial like business B to B, not B to C, business to consumer, info lots are for you. But heres some universal truths about both, before Jill jumps in here again. Cheaper’s better, always keep that in your mind, always, and cheap price is relative to whatever is going on immediately around the property, I know that sounds obvious, but people lose sight of that.

Jill DeWit:                            Mm-hmm (affirmative).

Jack Butala:                         Here’s what happens when you get a seller on a line with a house, the first thing they say is “Well yeah, yeah, I understand but, my house has a fantastic X, Y, Z and my son-in-law, he re-did the garage three years ago, he went, he spent all summer here redoing the garage”. Nobody cares, nobody about that at all, so.

Jill DeWit:                            “Have you seen our claw foot tub?” That’s nice. So, but one the things I was gonna say about info lots is, I love them really, because other than a home, they provide more value usually. Usually the one’s we have purchased, we’ve gotten really low, but they’re worth really …. We’ve bought them in a bundle often, with other properties, cause I’m not often seeking out info lots, I’m seeking out, just any acreage, and they just kinda come along with the …. You know, cause one of our conversation question’s is “What else do you have?”, and that’s often where we find these things, and they just roll them into our inventory, roll it into the sale, which is great.

So, they are often worth more like Jack said, and it’s also great, unlike a home, I don’t have to do an inspection, I don’t have to worry about there’s 16 things I have to think about-

Jack Butala:                         Exactly.

Jill DeWit:                            …. A pool, all this stuff whatever, I don’t have to think about any of that, which is awesome. But I do have to think about other thing’s like, zoning. Let’s all make sure, that’s one big thing, you may think that this info lot, you can do 16 thing’s with, but you wanna make sure …. checks, there’s some, a few extra things you do need to check. Where are you on the utilities? And things like that, what is available there? All those good things.

Jack Butala:                         Well I think that info lots, like mobile home lots, you pretty much know how you’re gonna use it, and if you know how you’re gonna use it. If it’s a pre-determined, either through zoning, or what’s immediately around the property. Now you’re starting down the path toward rational valuation, and that’s good or bad. It’s good if you want to mechanically just make 10, 20, 30 percent on real estate, which is great, I love that by the way. With acreage, it’s more of a feeling, and so you can charge more or less, or if you can paint that realistic Little House on the Prairie scenario. You can hit a home run with acreage that’s my point. You can hit a lot of singles and doubles, but you really can’t hit a home run. We have members who make hundreds of thousands of dollars per deal, with large acreage transactions without putting any money in at all.

Jill DeWit:                            Mm-hmm (affirmative).

Jack Butala:                         Info lots, it’s a little bit less likely, it’s possible, but it’s very less likely. We had a show earlier, I think it was last week, about houses, it’s almost impossible to hit a home run financially with a house.

Jill DeWit:                            Right.

Jack Butala:                         You can make 40, 50 thousand bucks, maybe on the top end, maybe a little more out west here.

Jill DeWit:                            Mm-hmm (affirmative).

Jack Butala:                         Upwards to a million, but you can’t hit a massive home run, like you really can with a big piece of property and great location.

Jill DeWit:                            The best you can do with homes is like, when you’re getting in the really high dollar amounts. When you’re buying it for 1.4 million and  selling it for 1.8 million-

Jack Butala:                         And really I think the best way to do that is-

Jill DeWit:                            …. And it’s worth 2.2 million.

Jack Butala:                         Right, I agree with you completely, but I think you have to renovate it. You have to do something that is gonna make it a little bit better, I just don’t think …. I personally have never purchased a whole sale property and marked it up a million dollars.

Jill DeWit:                            Oh yeah, no, no. I’m saying-

Jack Butala:                         Without doing anything at all.

Jill DeWit:                            No, that’s why I’m saying, you can mark it up a hundred thousand dollars without doing anything, cause you bought it right.

Jack Butala:                         Right.

Jill DeWit:                            But yeah, you can’t do that much not without doing something to it.

Jack Butala:                         Well said.

Jill DeWit:                            Totally.

Jack Butala:                         Well you’ve done it again, you spent another 25 minutes listening to the Jack and Jill show. Join us tomorrow, where we discuss our new podcast content ideas, and I’d love to hear from you. Post it on Jack Jill.

Jill DeWit:                            Yeah, and we answer your questions, should you have one, post it on our online community like Jack just said, found on JackJill.com, its free.

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

Jill DeWit:                            Do we have new, new-

Jack Butala:                         Jill you just-

Jill DeWit:                            …. New, new content ideas?

Jack Butala:                         Well that’s …. Yeah we do.

Jill DeWit:                            This is gonna be new for me too.

Jack Butala:                         I know. Well, what I’m going to do, is walk us through the process about how you and I come up with show titles and-

Jill DeWit:                            Oh!

Jack Butala:                         …. And stuff that we wanna talk about. What I hope it leads to is, on the JackJill.com community-

Jill DeWit:                            They tell us what they want to hear?

Jack Butala:                         Yeah fill us [inaudible 00:22:19]

Jill DeWit:                            Oh!

Jack Butala:                         I’d love for you guys to talk about, you know how you guys work together.

Jill DeWit:                            Oh!

Jack Butala:                         I’d love for you guys to talk about you know, Tennessee as an acquisition situation.

Jill DeWit:                            Oh!

Jack Butala:                         I think it’d be fun.

Jill DeWit:                            I love that. So you want our people who are listening right now to go ahead and make a thread in the forums, our forum-

Jack Butala:                         No I’ll create it, we’ll talk about it tomorrow.

Jill DeWit:                            Oh, okay cool.

Jack Butala:                         I’ll create a real easy spot, where you can just input it.

Jill DeWit:                            Nice.

Jack Butala:                         Yeah.

Jill DeWit:                            Love it. Hey!

Jack Butala:                         I was gonna give you …. Oh, you wanted to be done don’t you?

Jill DeWit:                            No, I was wrapping it up.

Jack Butala:                         I was gonna give you a compliment.

Jill DeWit:                            Well, go ahead I’ll take it, we’ll stop for that, we can always stop for a compliment.

Jack Butala:                         I just love how you don’t see this things …. Properties with any real emotion and I love that you just want to buy it all. You know, you wanna buy the property on the ocean, and you wanna buy the 640 acres up in the woods.

Jill DeWit:                            Yeah!

Jack Butala:                         I just think it’s the best attitude possible.

Jill DeWit:                            Thank you, I appreciate that, and I appreciate you. Share the fun, by subscribing to iTunes, or wherever you are listening, and while you’re at it please rate us there.

We are Jack and Jill

Jack Butala:                         We are Jack and Jill. Information.

Jill DeWit:                            And Inspiration.

Jack Butala:                         To buy 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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The Land Academy Show | Flipping Land

Flipping Land: How We Have Kept Food On The Table

https://www.youtube.com/watch?v=QGSN2EVTp60 For more than 30 years, Steven Jack Butala and Jill K DeWit have been putting food on their tables by flipping land. In this candid conversation, they reveal the truth behind their land flipping strategies, the ups and downs, and their most interesting experiences.

Read More »

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.

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