Beach Bank Balance (CFFL 0180)
Beach Bank Balance
Jack Butala: Beach Bank Balance. Every Single month we give away a property for free. It’s super simple to qualify. Two simple steps. Leave us your feedback for this podcast on iTunes and number two, get the free ebook at landacademy.com, you don’t even have to read it. Thanks for listening.
Jack Butala:
It’s Jack Butala for Land Academy. Welcome to our Cashflow from Land show. We show you how to buy property for half of what it’s worth and resell it the very next day. Great information and instruction from Jack, that’s me.
Jill DeWit:
And inspiration from Jill, that’s me.
Jack Butala:
Here’s some funny stuff that happened to us recently.
Jill DeWit:
Did you know there’s such a thing as Greek EDM or dance music? We learned that last night. Do you remember this last night?
Jack Butala:
Yeah.
Jill DeWit:
We’re taking an Uber ride home last night, and the guy’s very Greek. We get in and he’s listening to … What was that? Some kind of traditional Greek music, do you remember? It was a little bit … I don’t know.
Jack Butala:
Jill and I, for a lot of reasons, went out and celebrated last night.
Jill DeWit:
Yes.
Jack Butala:
Then we got a good night’s rest and it was fun.
Jill DeWit:
What was really funny though is we got in the car and it was really deep and Stephen’s like, “Oh no, no, no. This does not work for me.” He had a limited playlist, if you will, but Stephen asked him to liven it up and it was some Greek dance music and it was pretty darn cool. I was really impressed.
Jack Butala:
You know when people ask you, “What’s the most recent book you’ve read?” or serious stuff. I ask people, “What are you listening to in your car right now?” What CD or whatever this generation, however they listen to it now. It’s probably MP3.
Jill DeWit:
That’s awesome.
Jack Butala:
That’s what I said to this guy. I said, “Come on, what do you listen to? Forget about us. I don’t care about what we listen to. I can go listen to whatever I want all the time. I want to hear.” He kicks out this Greek ethnic … It’s ethnic American dance music.
Jill DeWit:
It was pretty good, though. I really liked it. It was really good. That was fun.
Jack Butala:
It was. We have a radio show.
Jill DeWit:
Yeah, we kind of do.
Jack Butala:
In this episode, Jill and I talk about beach bank balance. It came up in a previous episode, and Jill coined the phrase beach bank balance.
Jill DeWit:
That’s my new motto, I swear. I’m going to put that on a shirt and wear that around.
Jack Butala:
What does it mean to you, Jill?
Jill DeWit:
Beach bank balance?
Jack Butala:
We’ll get into it.
Jill DeWit:
This is good.
Jack Butala:
Great show. Before we start, let’s take a question, posted by one of our members, on successplant.com, our free online community.
Jill DeWit:
Jermaine H. says, “In March, I did not sell any properties. I was pretty heavy on the acquisitions side. This month, I’ve sold four properties already. I’ve done two owner finance deals and two cash deals this month, and I’ve acquired another 2.89 acre …”
Jack Butala:
This thing that we do, this cashflow from land thing, it actually works for real people?
Jill DeWit:
It does.
Jack Butala:
It’s not a pile of malarkey?
Jill DeWit:
I have 2.89 acre property acquired for 2,000. I currently have it listed at 6,500 cash. This property should close fairly quickly. If I work the family and record the easement on this property, I think I can push the sale price to 10.
Jack Butala:
Our members are recording easements.
Jill DeWit:
That’s insane.
Jack Butala:
That’s professional level stuff.
Jill DeWit:
I love it. The past two months have really shown me the ebb and flow of the real estate business. We’ve also decided to bring our mailing in-house to help with adding more flexibility to our mailing.
Jack Butala:
That’s why I put this in here.
Jill DeWit:
I love it. You’re like, “I commented on this.”
Jack Butala:
I know.
Jill DeWit:
To be a little creative with our mail piece, something I picked up on a residential wholesale side of the business. Got to love this business.
Jack Butala:
Here’s the takeaway from this whole podcast. Why the hell would you take your mail in-house?
Jill DeWit:
Right.
Jack Butala:
It’s cheaper than the price of a stamp if you go through the affiliation that we have with this company in Pasadena.
Jill DeWit:
Exactly.
Jack Butala:
I guess you want to lick stuff.
Jill DeWit:
That was my comment. I got onto successplant.com. Did you read my comment?
Jack Butala:
I only read that your people jumped all over that.
Jill DeWit:
Yeah, we did.
Jack Butala:
I loved that, by the way.
Jill DeWit:
I said something like, “Are we turning family fun night into, ‘Hey everybody, we’re all going to sit around and lick stamps for Dad,’ night? That does not sound fun.”
Jack Butala:
Hey, Jermaine and everybody else, I’m not joking around. You obviously believe me in the beginning about how well this business works, and please believe me on this, don’t take your mailing in-house. It’s cheaper. If you add it all up, on Success Plant, I do the math about why you should never do mail on your own. DIY mailing is a bad idea. It’s really expensive and time consuming. Just the pure dollar amount doesn’t work. When you factor in your time, then it’s seriously silly.
Here’s what I think’s really going on, and for you listeners too, I think you’re kicking a can down the road about avoiding how to learn how to do a mail merge. I’m being real straight about it.
Jill DeWit:
It’s true.
Jack Butala:
It’s not hard. There’s videos all over YouTube. I actually do a video on our YouTube channel about how to do a mail merge. It’s probably going to take you maybe an hour. An hour, if you don’t know anything about it, it’s going to take you. If you do know a little bit about how these Microsoft Excel and Word can connect to each other, it’s going to take you 10 minutes. I also go through it, a whole chapter I go through it, in our Cashflow for Land program.
Jill DeWit:
Yeah, sure do.
Jack Butala:
Hey, if you have any questions or you want to be on the show, call 800-725-8816. If you’re in a bad mood, don’t call that number.
Jill DeWit:
That’s right. Yeah, don’t call and rant.
Jack Butala:
Don’t call that phone number and complain about anything. If you have something to celebrate, call.
Jill DeWit:
There you go. I like that.
Jack Butala:
This is the meat of the show. Beach bank balance. Jill coined this phrase a while ago and I really wanted to ask her what it means. I know what I think it means, but she’s ready to write a book about it.
Jill DeWit:
I totally am. I’m trying to remember what was the topic of the show that led us to the beach bank balance.
Jack Butala:
We’re very lucky, Jill, that we have control of our time and our resources and money. I think that’s what this podcast and that’s what this company’s all about, Land Academy.
Jill DeWit:
Totally.
Jack Butala:
It’s about freeing yourself up from the queue. We’re going to do a show later on that.
Jill DeWit:
Are you asking me what beach bank balance means to me, personally?
Jack Butala:
Yes.
Jill DeWit:
Okay. Thank you. I’m glad you asked. All right. Beach bank balance, love that saying, to me is having whatever balance it means to you to have the life and the lifestyle, even just the stress removed for you. For example, I know we talked about this person before on other shows, but we have a member who his sole reason to get into our world and learn what we do was to … What was it, $1,500 a month? That was it. I just want it.
Jack Butala:
He said, “I want to get involved in this because all I want is $1,500 more a month.”
Jill DeWit:
Exactly.
Jack Butala:
It pays mortgage and it pays my bills and stuff, some of his bills.
Jill DeWit:
Right. That was really all he wanted.
Jack Butala:
He did it. He did it really fast.
Jill DeWit:
Yeah. That was it. His beach bank balance, I say, that was it. It was $1,500, enough that he can breathe, probably do some of the things he wants to do, and that’s it.
Jack Butala:
Here’s my take. You can replace the word beach with anything. For that guy, it was freedom bank balance, or hunting bank balance, or coach soccer bank balance.
Jill DeWit:
Or college tuition for the kids bank balance.
Jack Butala:
It’s just freedom.
Jill DeWit:
I agree.
Jack Butala:
We have a show lined up to do in the future called Money Equals Freedom, because that’s what this is really all about.
Jill DeWit:
It is.
Jack Butala:
It’s not to buy a Ferrari and stuff. I mean, it might be. Ferrari bank balance for somebody.
Jill DeWit:
Ferrari bank balance. Hang on a moment, my beach bank balance is … It might be kind of lofty for some, but I’m not asking for the whatever. I don’t need to be on the strand. We’ve been on the strand. I don’t need to be on the strand. I can be off. I can be a block or two off the strand and be very happy.
Jack Butala:
Here’s a conversation Jill and I had recently and we really differ on this, we always have. What’s it going to take for this to end? How much money? What’s the parameters? When do we stop doing this? She said something like this, “I just want a couple thousand dollars a month to spend and do whatever I want with it.” I’m like, “Well, we passed that like 9 years ago.”
Jill DeWit:
It’s true. That’s what I’ve been saying. That’s my whole point.
Jack Butala:
Which led me to I don’t think she even knows how much money we had at all.
Jill DeWit:
I am actually not sure.
Jack Butala:
I like that.
Jill DeWit:
Do you know what’s great about that? Here’s all I know, all I know is number one, this is good. This is my beach bank balance and to piggyback on that, all I know is we’re having a lot of fun, we’re helping a lot of people, and we can do what we want. How’s that? You like that?
Jack Butala:
That’s perfect.
Jill DeWit:
Okay, thank you.
Jack Butala:
Now you don’t have to write the book.
Jill DeWit:
No. You know what? This will be a chapter in my book. I’ll just do a chapter on beach bank balance, because that’s important. Stephen, you asked me, will you please share with us your beach bank balance?
Jack Butala:
The final number?
Jill DeWit:
No, no, no. Okay, is it beach bank balance for you?
Jack Butala:
No, it’s not beach for me.
Jill DeWit:
Is it Piaggio bank balance?
Jack Butala:
No, I’ll tell you. By the way, when you people go to the beach, I go to the library, and that’s the truth. I don’t want any part of the beach. The beach thing, that’s the title of the show and it’s kind of your show today. There’s sand, it’s yucky and it gets hot and sticky. I know you love it and that’s awesome, but every single time you guys go to the beach, I go to the library.
Jill DeWit:
I know. If you listen to our shows regularly, you have heard Stephen do beach people bashing.
Jack Butala:
You beach people, it’s a whole different world.
Jill DeWit:
Why do we bash beach people? You beach people. You know what’s really funny, because last time I checked, you’re kind of a beach people. We won’t go there. Look at what you’re wearing right now, by the way.
Jack Butala:
I’m dressed up.
Jill DeWit:
You are.
Jack Butala:
This is what happens, because we’re interviewing people today to add to our staff. Jill gets all dressed up and I walk in and wreck it.
Jill DeWit:
Totally. They’re like, “I don’t know what to do.” What’s the corporate culture? I do dress up for interviews, that’s it. We joked about that because I had to put on heels today.
Jack Butala:
Your shoes are fantastic, by the way. I’m not joking. Take it off and hold it in front of the camera. It’s awesome.
Jill DeWit:
I should.
Jack Butala:
You have extremely good taste in shoes.
Jill DeWit:
Thank you very much.
Jack Butala:
Are they Ferragamos?
Jill DeWit:
No, these are actually Coach. I like these, too.
Jack Butala:
Hold it right up to the camera.
Jill DeWit:
See my shoes? Okay, there we go. They’re fun. Normally, what am I wearing? I’m wearing my Vans or sandals.
Jack Butala:
My beach bank balance, and I’ve said this a million times, is $20,000 a month after all the bills are paid, consistently coming in through sales, payments on land, or rent payments on houses or apartments. We long passed that. Seriously, honestly, we’re doing this for fun now. I get a kick out of this. Not the caller, but we read this earlier, this guy’s killing it.
Jill DeWit:
Jermaine, I know.
Jack Butala:
If he licks a stamp, I’m going to come over there. Outside of that, he’s buying and selling property and that’s what it’s supposed to be all about.
Jill DeWit:
Exactly. Thank you.
Jack Butala:
This is the if/then portion of the show. If you do X, then Y will happen. If you dream it up and repeat it to yourself every single day, then there’s a pretty good chance it’s going to happen.
Jill DeWit:
Love it.
Jack Butala:
There’s a book, it’s 4 or 5 pages, I included in the back of our Cashflow from Land program, the education, and it’s going to sound corny for me to say this stuff, and it was written in the ’30s or something like that. I don’t remember the name of the book. I’ll look it up on the internet.
Jill DeWit:
It’s the one in the eBook? Now we’re calling it a blueprint.
Jack Butala:
It’s the one in the program. It’s not an eBook.
Jill DeWit:
Okay, got it.
Jack Butala:
This guy says … I read it and I’m like, “This is the biggest pile of malarkey I’ve ever seen.” Then I started thinking about it and reading it and it’s actually true. The premise is this, write down what you want on a piece of paper and say it all the time in your head, like a mantra, like you do, Jill.
Jill DeWit:
That’s what I do.
Jack Butala:
There’s a super good chance it’s eventually going to happen. It could be like, “I want to be a movie star.” Pie in the sky stuff. The whole point is you’re subconsciously going to start to behave and do stuff down the path toward that goal. What’s your goal? We already talked about it, $2,000 cash.
Jill DeWit:
We did talk about. I didn’t say two, I said a couple. It might be more than two, depending on what’s going on that month that I want to do.
Jack Butala:
If you have any questions or you want to be on the show, call 800-725-8816. Jill, do you have some inspiration for us today? My thing was kind of inspiring.
Jill DeWit:
It kind of was. I got to say something funny, though. I think you just got an email from Jason Hartmann. I saw his name pop up on the thing, so I thought that was kind of funny. That’s cool. Okay.
Jack Butala:
I’m going to find the name of the book while you’re talking.
Jill DeWit:
Okay, cool. My inspirational today is where is it that you are landing in an airplane, we talked about this last night, that when you touch down, you’re coming in, it’s a relief because it feels like home? For a lot of people, it’s not where you currently reside, it’s somewhere else. For me, when I’m traveling and I land back here in Sky Harbor in Phoenix, or even Scottsdale Airport, I am … It’s like, “This is where my stuff is,” kind of thing. It’s a this is where my stuff is kind of feeling, but not a relief like I’m home. Where is it? Stephen, where’s yours? Is it Michigan? Is it Detroit? Do you land in Detroit and go, “I’m home”?
Jack Butala:
No. You know, it’s not one place. Sky Harbor, for a lot of years … Phoenix Airport for many, many, many years, and it still is. It’s still home base. LAX is looking a little better all the time. You know what I love? I love the Santa Barbara Airport. There’s something about landing there. It’s a small, little airport. There’s no jetways. You walk down … All those little airports in California …
Jill DeWit:
Where you still walk down the stairs?
Jack Butala:
Yeah.
Jill DeWit:
Those are fun.
Jack Butala:
You meet the captain and stuff.
Jill DeWit:
Mine’s not LAX. I love LAX.
Jack Butala:
What is it? John Wayne?
Jill DeWit:
It’s John Wayne, SNA. It is. It’s John Wayne. Yeah, Orange County Airport. I just thought that was fun, we were talking about it last night with some people because they were relocating and we were talking about moving and things like that. I asked her, I was real curious because this couple we were talking to, they lived all over the world. They have lived in the Orient for, I don’t know, 8 or 10 years. They lived in Singapore or something. They lived in San Francisco. Now they’re here in Arizona with us. He’s from Canada. I’m just like, “Where is it to you guys?” He didn’t have on. He actually said, “I don’t have one.” I thought that was interesting. I was asking her where hers was and I think hers is here because this is where she’s from.
Jack Butala:
Cool. PHX, LAX.
Jill DeWit:
Good.
Jack Butala:
Jill has a strange talent. Watch and I’ll test her.
Jill DeWit:
Thanks.
Jack Butala:
She knows the airport code for every single airport.
Jill DeWit:
I’m a little rusty right now. Let’s see how I do. Okay.
Jack Butala:
Detroit.
Jill DeWit:
Well, which one? There’s DTT. DTT or DTW is Detroit Metro.
Jack Butala:
You seriously know that?
Jill DeWit:
Seriously.
Jack Butala:
Detroit Metro’s a tiny, little airport. It’s in the worst part of town. How about Scottsdale Airport, that little one?
Jill DeWit:
SCL.
Jack Butala:
How about Mesa Airport?
Jill DeWit:
Mesa Gateway?
Jack Butala:
I stumped you.
Jill DeWit:
You did. I’ve actually landed there, doggone it, on my own. It’s got three runways. It was a little bit spooky. I was in a plane flying, by myself one time, my own little plane, and I was coming and there’s three runways all together. If anybody knows Mesa Gateway Airport. I can’t remember the airport code. That’s hilarious because I didn’t like that airport. Anyway, I was coming in there to check out a … Anyway, I don’t do Mesa.
Jack Butala:
You can’t remember the code if you don’t like the airport.
Jill DeWit:
I don’t like the airport.
Jack Butala:
That’s awesome.
Jill DeWit:
I remember, I was coming in to land and the terminal, I was coming in from the south and the terminal’s on the left. I’m like, “Don’t put me in the middle.” I just did not want to be in the middle. I was not comfortable with coming in to land with someone on each side of me. Anyway, they put me on the left. I was very happy. It’s kind of interesting. I don’t remember Mesa. You want to give me another one though? Give me and international.
Jack Butala:
Sure, Seattle.
Jill DeWit:
SEA. Give me something international.
Jack Butala:
How about Toronto?
Jill DeWit:
YYZ.
Jack Butala:
Really? That makes no sense at all.
Jill DeWit:
I know. The Canadian ones usually start with Ys. Montreal is YUL.
Jack Butala:
Everything’s backwards in Canada. I’m from Detroit, so we grew up with Canadians and the Canadian border’s just 4 or 5 miles away. It’s a hobby of mine to make fun of Canadians.
Jill DeWit:
Poor Canadians.
Jack Butala:
You’re getting a call from …
Jill DeWit:
Apparently I am.
Jack Butala:
You want to sell some property today or do this podcast?
Jill DeWit:
Actually, this guy does his own podcast who’s calling us right now on the phone. Go ahead.
Jack Butala:
Join us in another episode where Jack and Jill discuss how to use information, that’s me.
Jill DeWit:
And inspiration, that’s me.
Jack Butala:
To get just about anything you want.
Jill DeWit:
We use it every day to buy property for half of what it’s worth and sell it immediately.
Jack Butala:
Get there first. Good show, Jill.
Jill DeWit:
I think that was fun. Okay, so this is the after show. That was Gavin Welsh calling. You’re just popular today. It’s kind of cool. I feel like I’m in the in crowd now.
Jack Butala:
Maybe that’s your beach bank balance.
Jill DeWit:
Maybe that’s it.
Jack Butala:
It’s not even money at all, it’s just popularity.
Jill DeWit:
It’s kind of funny, when we were first starting out with the show and nobody knew who we were, it was really funny. We were I don’t know how many shows in. I guess when you have 200 shows out there, people now start taking you seriously.
Jack Butala:
Were you popular in high school?
Jill DeWit:
I wasn’t a cheerleader, I’ll say that. I had a lot of friends. I wasn’t like you.
Jack Butala:
Last time we were in LA, I ran into somebody who went to my high school. I had no idea who she was at all and she knew who I was. It was just a huge embarrassment for me.
Jill DeWit:
Right.
Jack Butala:
She wasn’t happy.
Jill DeWit:
That was funny.
Jack Butala:
She was not happy at all about that.
Jill DeWit:
I don’t get it. She clearly got out of … I don’t want to say it’s bad. She left on purpose, she’s living on the beach. What’s to be unhappy about?
Jack Butala:
She’s from Detroit.
Jill DeWit:
It’s just ingrained?
Jack Butala:
That can be a lifelong disappointing thing.
Jill DeWit:
You just walk around …
Jack Butala:
Yeah.
Jill DeWit:
That’s kind of sad.
Jack Butala:
Hey, let’s go buy something for half price today and sell it. Jack and Jill, information and inspiration. You’re a crackup, Jill.
Jill DeWit:
Thank you. Actually, don’t stop, Aaron, if you haven’t already.
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 steve@LandAcademy.com.
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