In this particular episode, we’re talking about how much it costs. Everybody wants to know how much stuff costs me, I’m at the front of the line, how much it costs to succeed in the land business. We’ll give you a detailed breakdown. This is episode number 2257, believe it or not.

Luxury RV Real Estate Market

Before we get into it, I found this really cool article, Jack, that I wanted to float by you, Jack and you, reader, because this is a niche that Jack and I have talked about a lot, especially in the last few years when we’ve been on the road. We’ve been looking at this and experiencing it. It could be such a good niche for us and other land investors.

I didn’t truly understand the financial opportunity that’s here and now I’ve got some numbers to put to this. This is so cool. The article is from Bisnow online, and it’s dated August 11th, 2025 and it’s the title is Investors Ready to Rev Up Multi-Billion Dollar Luxury RV Real Estate Market. First of all, does everybody know what that is?

I do.

Okay, good. That’s all that matters.

It’s a dichotomy, by the way. Luxury RVing is something that’s brand new. RVing has been around forever. Luxury RVing, it doesn’t make sense.

You know what’s so funny about this? I think it used to be this way. You’ve got a camper, you’ve got an RV, you went to a national park, it was not expensive. You made all your own meals. You brought all your stuff from home. You go to a place to camp, maybe free or minimal cost a night. There are still some places like that.

You need a reservation.

You just show up, take a spot, there’s an envelope, you put a check in it or cash and that’s your spot kind of thing. It was a great way for people to get out and explore with the kids and go to a cooler environment or whatever it was.

You set your children free.

An inexpensive vacation. There’s a whole other world out there. It’s the million-dollar RV world. Yes, they do cost $1 million, $2 million, $3 million nowadays. They have these luxury RV parks where there’s everything from a movie theater and pickleball to gorgeous fountains and swimming pools and everything. You roll up in your RV to these beautiful gated paved environments that we’ve actually got to experience.

I didn’t even know about this until a few years ago. The first time we rolled into one, I said, “What the heck is this? How long can I stay?” It’s gorgeous and the amenities are amazing. The thing for us that I wanted to point out is what an opportunity. It’s so amazing. Let me give you some stats. In 2024, roughly 25.1 million RV camping trips took place in the United States. That was a new record. That’s amazing.

What is it usually?

I don’t know, but I know it’s less than that. These RV parks now are costing nearly $100 a night, roughly double the cost of a standard RV site. I’m going to say there’s even more, but I think an average of $100 is probably about right. People are like, “This used to be inexpensive thing to do.” I’m like, “Not anymore.” It’s so amazing.

What’s great is right now, these luxury campgrounds now are making up about 20% of the entire outdoor hospitality industry, which is considered to be an $8 billion or $9 billion business right now. They think that’s going to grow to as large as $30 billion, triple in the next five years. These are the things I want you to be thinking about. You should be on the lookout for it.

Jack, whenever we talk about it, one of the things you have to think about, and you brought it up earlier when we’re talking, is zoning. It’s great to know this, great to think about it, keep to dream about it. It’s like you can’t just put this anywhere you want. “I’m going to buy the perfect property and I’m going to market it to these people and sell it to them. It’s going to be great.” There is a lot that goes into that, but it’s just something I want you to be aware of. It’s so amazing.

It’s a new real estate segment.

It really is. Not just rural vacant land, creating something ground up, but not nuts to keep an eye out like we do for older ones that have aged out and they’re selling and they can’t afford or don’t want to. Mostly they don’t want to put in the energy to redo the infrastructure to make it this.

The dream would be to buy into some if an organization that’s got it figured out to buy into it. What my model would be, buy an old park that’s in a fantastic location that has access to some water, maybe one that’s even closed down, where you don’t have to change the zoning. You buy it and you improve it. By the way, you’re never going vertical on these properties.

That’s what costs so much. You’re improving the land, you’re putting some infrastructure in, but you’re not building an apartment building. The costs are very low. From a management standpoint, somebody pulls up a $1.5 million RV that’s theoretically really well maintained. Parks it in the spot, they plug it in themselves, they connect everything themselves and entertain themselves. Feed themselves, they sleep there, the whole deal. From a management standpoint, it’s not that hard.

The money’s all upfront. You need to create a nice environment. Probably put water features in if water is not close by and then let it rip and start taking reservations. We’ve stayed at these places and they’re pretty amazing. Not once did I hear anybody say, “That wasn’t worth it.” Not once did I hear anybody say, “That costs $350.” Nobody said that, except maybe me in my head, I said both of those things.

This is the future. The numbers of people that are retiring that are looking for something to do like this are staggering. It’s more than 10,000 people a day who are retiring and going on social security in this country. That’s for a different time. The market’s there is my point. This real estate segment will flourish.

I’m excited. It makes you want to keep our big rig. We can get in that line. I have to tell you on a personal note, Jill and I spent the 2024 summer driving around the country. In a Newmar Dutch Star. It was absolute blast. The one thing that I was very frustrating was getting reservations. This is the response to that.

It is. You’re right. There’s a lot of people out there that are willing to spend the dough.

Cost Of Succeeding In The Land Business

This episode’s topic, I already mentioned it earlier, but we’re going to talk about how much it costs to succeed in the land business. Here’s a detailed breakdown. Again, this is episode number 2257. You’ve got upfront costs like you would in any business, but these are minimal. They’re minuscule actually compared to the startup costs and even just starting a convenience store.

The upside, in my opinion, is almost as limit limitless as it gets. This is a gateway into other pieces of real estate and other types of real estate and segments. You just described in detail one that’s going to happen or is happening now. The key to that business is controlling the land and getting there first and creating a real estate deal out of that piece of land. That’s what we do here. How much does it cost to get started? You’ve got education. I don’t know. I’m wondering if you took any notes on this.

The key to a land business is controlling the land, getting there first, and turning it into a real estate deal. Share on X

I do. I put down three things. Let me see. You tell me yours, and I’ll tell you mine.

Here’s the big picture. There’s an education piece. There’s a sales and marketing piece like you would have in any business. There’s a manager, like an ongoing type of maintenance. Our operations cost, let’s say. When you really think about what it costs to get into the real estate or land business and do using our methodology, it’s tiny. While Jill is reading these things off, think in your head how much would it cost to start a convenience store or a manufacturing facility or anything like that.

It’s funny. My three things are the same. One is education. Just like anything, even if we’re going to Haagen-Dazs University, that’s a thing, that helps. Number two, I put down mail, which is the same for you as marketing. I put time, and there’s a cost to that because I’m assuming that this is a cost of what you’re going to need to do to get started and succeed. I’m assuming you’re a one man show and you have a job. There’s going to be a cost associated to, you’re going to be shifting whatever free time you had or things that you used to do or invest your time in towards this because you have to do that. My math numbers, I came up with $3,000 minimum for education. Do you like that?

Yeah. It’s so minor compared to the money that even going to make on the first transaction, whether it’s $3,000, $5,000, $2,000, it doesn’t matter.

That’s what I come up with.

To answer your question, for sure. I agree.

Let’s put it this way. It’s like, how many credits? It’s like three classes. Isn’t that amazing when you think about it? Maybe it’s a career.

I think it’s probably one college class.

Probably nowadays mail/marketing. I have budgeted. This is just to get started. Is that what we’re talking about? Let’s put it this way. I’m not even doing the first year, but I’m going to do $3.000 to $5,000. This is the first 90 days. How about that? This is your budget for your first 90 days. $3,000 to $5,000 to get some mail and some stuff out there, because like Jack said, it’s all about creating a real estate deal. That’s it. You’re learning how to do this and run your own business and build it from scratch and create real estate deals.

After you find that deal and you sell that deal, or you’re going to double your money, and then you can start doing different things as you get your momentum. The last thing is time because budgeting that is personal. I can’t really accurately put a number on that. That’s up to you how you want to assign your time or what the value is. I’ll tell you this. I know what I did and I know what we did. When I got started, this became my life.

This was your life. When I jumped in and you’re like, “You can help me. We can do this.” Part of it was I was so excited. You know what happened. We get together. You’re teaching me, I’m learning your world and I’m learning the land business and you’re showing me what to do. You’re learning how good I am on the phone. You’re like, “Maybe you could do the phones for me. Maybe you can help me make some deals. Maybe you could sell something.”

Obviously, it all worked out. I was so excited by seeing how easy it came to me. That’s one thing that was nice, creating these deals. The buy side and the sell side was easy and fun for me. I’m watching the numbers come in. It became not just a job and became my life, but I enjoyed it. I dove in. I’m like, “This is fun for me. Can I do another one?” I remember you even you used to have a rule too. You used to have to cut me off because we’d go out to dinner and I couldn’t stop talking about it because it was all new to me.

It still happens. It’s a two-way street. It’s not just you.

When I got together with you, you had probably fifteen years into this business. Maybe more than fifteen years. I came along and then I’m like, “This is the greatest thing ever,” just like anything, then I can’t stop talking about it. You just have to cut me off like, “When we get out of this Uber and we go to the restaurant, we have to stop talking about work.” I’m like, “Okay, I get it.” It was fun.

Personality & Motivation In Land Investing

Buying and selling land’s not going to solve all the problems you have in your life. If you have financial problems, this is not the answer.

Buying and selling land won’t solve all your life’s problems. If you’re facing financial struggles, this isn’t the answer—you need to change your attitude. Share on X

Not the easy button.

You have to change your attitude. Jill is exactly right. She was just hardwired from right from the beginning because this was an extension of what she’s been doing for years and years as a corporate salesperson. This whole business was an extension of what I was doing in the corporate accounting world. This was the next step for both of us, albeit a decade apart from each other.

I think that if it’s an extension of what you’re already doing, you’re just frustrated with some stuff, then this can be a fantastic opportunity for you. If you think it’s just going to solve your problems, you hate everything right now and your job doesn’t work and some other stuff doesn’t work in your life, you’re going to turn this on, it’s going to solve it all, I just don’t think that’s the case. I don’t mean that negatively. I just mean do some introspection.

I want to keep talking about this. I watched something that I thought was really interesting. I don’t want to keep on this, if that’s okay. I watched a little Dave Ramsey clip and he does something, I can’t remember what he calls it, but it’s basically an entrepreneurial mindset coaching thing that he does, which I love. He’s like, “Every time I do this course, this always comes up. It is, how do you motivate people?” Do you know what his answer is? He says, “I don’t. I hire motivated people. If they are not self-motivated, they don’t work here.”

I’m like, “That’s so great,” because we’ve talked about this off and on a lot over the years. I foolishly thought I could motivate him. I got this, I’ll get him, I’ll get him excited, I’ll get him going. I spent years wasting my time trying to motivate people. This is really sad that I just finally got the okay to let go and realized I’m not nuts. He even said, “Stop it. It’s not you. It’s got to be from them.” Why I want to bring this up too is we’re talking about succeeding in this business is you have to be motivated. The first person that’s got to be motivated to succeed is you.

We’re talking about money. This is one more piece of the puzzle that you can think about and plan for and decide if this is going to be the next step you’re going to take, but if you’re not excited about this, motivated or you don’t even have motivation in anything, nothing’s going to work. I don’t care what you’re coming at.

Jack’s talked about sailing a lot. I want to circle back to that because this all ties in and I have some questions for you. What do you think it is? At this point in our lives, we don’t have to be learning a whole new world. We’re learning a new vocabulary. I feel like I’m learning a new language, by the way. I’m learning a new language. I’m having to flex muscles I haven’t used in forever. I never thought I’d go up and down stairs like I’ve had and climb over and under and deal with lines and hoses and everything.

Climb around like monkeys on that boat. I’m going to be 60 in 2026. I’ve never felt better. I’ve never done anything that’s made me feel better than this.

I’m thinking we’re starting something. For somebody starting a land business, it could be like starting this. What do you think it is for you that this sailboat has you so motivated?

Number one, I have to do something. I can’t do nothing. It’s just not an option. For a long time, people would say to me, “You need to calm down, chill out. You need to retire and slow down.” Screw that. That’s not going to happen. It’s just not for my personality type. I need to be doing something. I need to be challenged. This is a huge challenge.

I grew up sailing in Michigan, but never on anything this big. If I’m being really honest, RVing was a blast but it was not a challenge. It was really fun to explore different parts of the country. I’m sure that’s not over. There was some things about it that, namely dealing with a lot of people all day long, that I did not like. In boating, you just don’t have that. There’s not as many people around. The people that you do meet and befriend are really in the same mindset as you are. Sailing called me. I didn’t go out and call it.

Isn’t that amazing?

I love the water. When you’re sailing, that’s what you’re doing. You’re not thinking about which where that other million dollars that you just made from a real estate deal should be put into passive income somewhere like what CD or what percentage should be going into etfs or any of that. There’s a time for that. That’s in the calendar.

Transferring that thought and that deal, that mindset, let’s say, for a new land investor or somebody who’s in a real estate business that wants to add a new income stream, if it’s calling you and then it makes sense to you and it makes sense to you that sending out 10,000 offers that you’re going to get a 2 or 3 real estate deals out of that. Create them yourselves. Take personal responsibility like Jill does on the phone to create 2 or 3 real estate deals and make a couple of hundred thousand dollars in total or more, or a lot more if you’re going to do a luxury RV park, then this is the right place for you.

The vast majority of the people that are in Land Academy and passed through Land Academy for years, what they’re saying to themselves reading this right now is, “Is there any other way? What are you guys even talking about?” What I’m saying to you because you’re probably reading this to think about whether or not the real estate is for you or the Land Academy model is for you, and you only you can answer that. It should be calling you and nipping at your heels while you’re on your way to work and on your way home from work saying, “I really need to do this.”

We’re in it with you. I love what you just said, nipping at your heels and calling to you. I remember when the first time, I’m like, “I’ve got to quit my day job. This is just taking up too much time. It’s so fun.” Over the years, I’ve talked to so many people. I was even talking to our team, like, “We should bring back some of my old videos.” Remember the Property Flip with Jill dewit that we did on youtube a while back?

We did this youtube live thing. It was really cool. I remember that’s when I learned, I was hearing in our online community, in the Land Academy, of people quitting their jobs. I’m like, “It’s happening. They’ve been with us for a year or 2 or 3 and now they’re quitting their jobs. They did it.” They transitioned. This pulled on them and they were in, and I loved it. It was fun thinking about that and talking about that. I have one little comment I want to make about something that you said, and it was interesting. You said that you like being challenged and the sailing challenged you. Did land really challenge you in the beginning?

Yeah. Now that you’re bringing this up, it’s really similar because there’s so many components of sailing. The boat’s just a small part of this. You have to provision the boat properly. Stuff breaks all the time on boats. It breaks on rvs all the time. Hopefully, it’s not engine critical. You’ve got to have 2 and 3 backups, extra parts. There are probably ten systems on a boat and an RV. Rvs are worse. You’ve got an electrical system, stuff doesn’t work there. You just have to deal with it. You have to, more importantly, in my case, get to know the systems pretty well, have all the spare parts and backup stuff with you and a good internet connection so you can reach out to people to help you walk you through stuff that you can’t do.

This happens all the time, and to a lot of people, I think most people, they would say, “What are you thinking? What’s wrong with you that you would be interested in something like that? Why don’t you just go to a movie and have a beer?” There’s times in life that Jill and I do exactly that in the middle on a Wednesday or something. We go to have a couple of beers and go to a movie.

After a while, that’s just doesn’t work consistently. I love this wholesaling, the challenge piece of it. Jill and I are mentally, physically and from a financial standpoint, getting all ready to do some long trips in the sailboat. I don’t know exactly what they’re going to be yet. Buying and selling land’s the same thing. There’s the data component. Doing the actual real estate deal, which is Jill’s really freaky good at it, that was never my thing.

My thing was getting it all set up, getting the data piece correct, choosing the right places pace to send mail, keeping up with technology to make sure that data sources were correct and manipulating the data, pricing it and managing all of the stuff that goes on with owning a business. Jill’s part was to receive those phone calls and create real estate deals. We just have a staff now that really helps us out, if not does it all except for the decision making part. You’re right. It’s just like sailing.

It didn’t even dawn on me until we’re talking about this. I like what you said. You brought up a funny thing. I’m trying to think of how it ties into land investing. You made a comment about provisioning and equipment and backups and systems when you said we’ve got to make sure we have connections as best we can when we’re out there. My mind immediately went to, “Sea Tow is only good enough if you can reach them. It doesn’t do any good if you can’t call for help.”

Jill and I originally spent a month looking at boats day in and day out that were power boats, large power boats that approached a yacht scenario. Anything under 50 feet, Jill and I can run ourselves pretty effectively. We put an offer in on one and it didn’t go through. We just kept looking and looking. Neither one of us ever really wanted to pull the trigger on a boat.

Here’s what happened. We didn’t want to buy a power boat. We didn’t realize it. One of my favorite marinas in San Diego, a boat came up that was a sailboat and it was in a slip that was the right size. It was the right price. It’s pretty inexpensive. Let’s buy the sailboat. It comes with the slip. We’ll move it to another marina. We’ll resell it and then we’ll put the powerboat in there that we want. After spending a bunch of time on a sailboat, we both realized, or at least I did for sure, this is what I want.

You didn’t know you liked this sailboat?

I knew in the back of my head that that probably was what was going to happen. Now here we are, provisioning and getting the boat ready to do a pretty long trip. We’ll do this episode and the Thursday call and all the stuff that we do from with Land Academy and the real estate deals we’re doing from the boat because of technology. Really because of Starlink. Starlink’s changed everything.

Last time was on the boat. We’ll be back on the boat next time. This is really good. I didn’t know that. You really went into this one. This is how Jack rolls in life too. This also ties to what we’re talking about.

This is going to end up being a marital problem right now.

No, this is a good thing. Stop. You do go into everything and you have taught me to do this and make a really smart decisions in real estate, always having a way out. I did not even know that. You kept it from me, thank you, that when you bought this boat, you probably bought this boat with the intention of I can get out of it and not lose any money. Now I know.

That’s exactly it or I would’ve never done that deal.

We do that with real estate. That’s something too about the Atlantic County way. I just looked at the deal and I’m trying to remember the guy. It was like a buy for $90,000 and sell for $175,000 in Green County, Tennessee. I know that area really well. I’m looking at it and the house next door. It’s ten acres. The house next door is valued between $400,000 and $500,000. I’m like, “How are you going to do this? Just the land and sell it for $175,000.” I’m not seeing it. I’m not sure I can get out of it. This person was asking for deal funding. As I’m writing a note back to them, my numbers kept going down.

“I would do it for this amount.” It was started at $90,000. I’m like, “I’m not paying $90,000 for this. I’m not sure I get out of it at $90,000.” I go back to this, and I’m like, maybe $50,000.” I don’t remember what number I ended at, but it was a really good number. That’s how we go into things too. You’ll learn more about that. If you read some of our other episode, you know how we buy things. It’s everything we do in life, including every real estate deal that we’ve done, personal and professionally. If we can’t get out of it and do well, we don’t invest in it.

The people who are in real estate successfully are the people who own companies all have a different version of the same personality type. There are about five boats down from us. We met a couple that are our age. This guy has a mar substantial market share of new lumber. He’s a new lumber manufacturer/distributor all over the West Coast. We have the same personality. He works on his boat the same way that I do. I have twenty examples like that.

I don’t know if he was an accountant or what he was prior to this. Usually, they’re accountants, engineers or salespeople. She has to deconstruct everything, reconstruct it, put the people in the right people in the place, and get the boat out of the dock. Starting a land business is the exact same thing. My question to you is do you have that type of personality or do you want to have that type of personality or just has it come out yet or not? You’re going to solve the problems and the small little things. We’ve solved most of the problems to get started. We’ve solved most of them. Most, if not all of them.

More coming, we’re solving more.

Your job is to implement it and get hooked on it. The first real estate deal that I did all about by myself without any external funding where I just bought it for cash and resold it for cash, that was it. It was done. In fact, that’s what the next episode is about. That switch flipped in my head. I didn’t have any control over it. I knew that I was going to spend the rest of my life doing that. Here we are. It’s your job to really think that whether or not you have that personality type and buying selling land might be a great use for that personality type. Maybe it’s something else, but if you have it, don’t waste it Let’s see what you’re working on.

Okay, so we have a win to share from our Land Academy community. It is from Jade C and she said, “I just got my first two properties purchased and sold on terms. A buyer went down to go see the first property. I told him I had another down the road and he can take pictures for me. If he could take pictures for me, I’d appreciate it.” Sounds like he went to go look at it and he wanted that one too. I’m like, “That’s a new tactic.” I knew this would work if I just put in the time and the energy.

That’s what we’re talking about right now.

You can’t put a dollar on that or can you?

She’s probably less than three months here in Land Academy. Maybe six. She’s smashing it.

Great job. I’m so excited. That’s such a good thing. I have another one. Could you imagine, “Would you mind while you’re out there, since you’re driving that way, will you look at this too,” and then that could work.

That’s what you’re working on. Here’s what we’re working on. I couldn’t be more excited about this end-to-end solution, this application that we’re building around the office. We call it the Easy Button Solution. It’s not what it’s going to be called. I don’t know what the name is yet. It’s an end-to-end solution to make you getting into this business from the real estate business a lot easier. It organizes everything in one place and allows you to analyze these markets and store documents and manage your mailers. It’s an entire CRM is involved where you can manage the real estate deals from a buy to a sell and convert it back into cash.

People have long been like, “I watched the program. I understand everything. I’m making my own notes and now I have to go do this and I have to set up this and I have to do this and I have to make that.” It’s all in there. I love it. Jack’s like, “I need a pizza trucker like Domino’s.” Everybody knows that piece tracker exactly where they’re going through the system.

Not only what you need to do in your business, but what you need to do with deal flows, pushing a deal through the system because it’s easy to like, “I bought it. Now what?” All along the way you’re doing that like, “I should have been sending out mail too.” It really helps you stay organized and we just previewed it again.

We did a smaller deep dive into it with my Land Academy ladies’ group. We’re doing smaller breakout groups now and getting feedback because by the time this comes out, beta testing is full on happening. Probably right after comes out, this is going to be released. This is due to be released end of August, early September 2025 for use of the first tier.

I don’t know who the first group is, but the first group in Land Academy is going to be using it. Our goal is to be making this a free tool right now for Land Academy members. I’m super excited. There’s so much involved in it. One of the things I wanted to share about for a few minutes was any other tool that you’re using that you’re like, “I do this for this. My crms over here, my mail places over here. My VA communicates with me here. My transaction coordinator uses this. For my due diligence, I use this to look at a slope. I use this to look at terrain. I use this for pricing and I use this for picking an area.”

As you can see, I probably rattled off ten things right there. They’re all in there. We show the group. We’re like, “Bring it. Now you’ve seen what it can do. What could we possibly missing? Only one person said, “There’s another tool that I saw that can do this.” We’re like, “Let me have it. We’re going to go get it and we’re going to incorporate it.”

In Land Academy, we do have the resources, we do have the staff, we have the experience. Nobody does like we do. We have the manpower that can do it and pivot and make these changes. That’s what’s great too. Some of our breakout sessions. I’m so excited because they’ve said, “Can you make this, this?” They’re like, “Yes, done. We can do that. No problem.”

I even brought up a couple on the ladies’ group because I know Jack. I said, “I see where you’re going with this, but I know Jack would like this little side option Right over little side thing.” They’re like, “Got it. No problem.”

She speaks for me.

I do speak for you. I speak Jack. I don’t order for you. You order for me sometimes. You do great.

We have a question from our Facebook group.

Jason asks, “Has anyone ever met a seller and paid them in cash? I have a guy that wants to sell me a good property for $30,000 and it’s a deal. He doesn’t trust banks. Not the first time I’ve heard this from sellers in the region. I’m considering doing it. My thoughts are I have a title club, but he closed and I meet him at the title with cash.” That’s a great solution.

This is a fantastic thing. I have never done it in a title scenario. Back in the day, we would just constantly do deals without getting title insurance.

Meeting at the coffee shop.

Thousands of thousands of deals. We’ve done that way. This is great, but know this. The title of company’s going to have you fill out a bunch of forms that have to do with notifying the IRS that it’s above its cash threshold. I don’t know the exact forms of the IRS. It’s for the same reason you can’t even out of your own bank account. I think that limits like $11,000 or $13,000 now.

You can’t take that much cash in a 24-hour period out of the same bank account without it. It triggers a form because it’s an anti-money laundering thing. Just know that’s going to happen or some version of that’s going to happen here. Please research it because it’s not a joke. It can trigger a lot of things. Just be careful.

For me personally, no trouble doing this. $30,000 is a little over my comfort zone. I don’t really like that much money running around like that. For an individual in this situation, anything sub $10,000, I’d be fine. In a perfect world, we’ve done this many times, numerous times. It would be not $10,000 or maybe between $10,000 and $15,000. It would be a cashier’s check. We’re meeting there.

I have my assistant with me who’s a notary, and we all meet at the coffee shop and everybody’s happy. We visit, we hug. We part ways and they say thank you. I say thank you. It’s just so awesome. This is not nuts. I’m just thinking for just a second. We’ve had the reverse too like, “Can I pay you in,” fill in the blank. Somewhere around here, there’s a silver bar that we even got paid for something. Jack personally loves these things. Every time I had a buyer come to me that said, “Can I give you this in exchange,” I’m like, “Maybe. Tell me more about it. What have you got?”

All these things are great. You have to account for them when you’re go do your taxes, which shouldn’t need to be said, but there’s a tax implication to all these transactions when you’re not doing it the traditional way that needs to be accounted for.

I don’t think like that. That’s why I have Jack.

I know you don’t.

I’m just putting deals together. All I know is I sold this and I got this know and how you account for it later, that’s what your job is.

Just don’t change a thing is my point.

Jack’s like, “Do you know what’s in the bank account right now?” I’m like, “I have an idea, but I really don’t know.”

I stopped saying that, actually.

Usually, my number’s a lot less. You probably should let me go with it. When I guessed a number, you can go, “Yeah, that’s about right,” knowing that it’s like way more than what I thought it was. Cool. If you really want to get to know us and spend a little more time in our community, see this is right for you, join us on a Thursday member call. You can easily show up. It’s a closed Zoom environment and I’m happy to give you a onetime ticket from my team to attend. Simply email Support@LandAcademy.com and they will get you all set up.

If you like this episode, if you like the content that we’re talking about here, drop a comment. It’s not just a comment. It helps the algorithm help you to take in more frequently the other content that we’re providing wherever you’re reading this. If you please share a win. We want to hear from you. As much as this seems like it’s a one-way delivery of content, it’s really two-way street. Join us next time where Jill and I are going to discuss the moment we knew land investing was our forever business.

Thank you for joining us and see you next time.

You are not alone and your real estate ambition. We are Jack and Jill. Information and inspiration to buy undervalued property. I’ve said that how many times?

At least 2,257 times.