
Are you One Deal a Month or One Deal a Day Kind of Investor (LA 1443)
Land Academy Show · Steven Butala & Jill DeWit
February 19, 202113m 43s
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Show Notes
Transcripts:
Steven Butala:
Steve and Jill here.
Jill DeWit:
Hello.
Steven Butala:
Welcome to the Land Academy Show, entertaining land investment talk. I'm Steven Jack Butala.
Jill DeWit:
And I'm Jill DeWit, broadcasting from sunny Scottsdale, Arizona.
Steven Butala:
Today Jill and I talk about, are you a one deal a month or a one deal a day kind of investor?
Jill DeWit:
You to do our answers now, or you want to save it for the show?
Steven Butala:
I think everyone can pretty much guess.
Jill DeWit:
Okay. Okay. Here's what we're going to do. I'm going to count down. I'm going to do three, two, one. And then you either say month or day, depending how you feel. Okay, ready? Three, two, one. Month.
Steven Butala:
Both. Month? You're a one deal a month person?
Jill DeWit:
Boy, if I had my way, I'd be-
Steven Butala:
Are you serious?
Jill DeWit:
We used to ... that's why I wanted to do this.
Steven Butala:
Wow. I'm both.
Jill DeWit:
I would love to do one stellar deal a month. I think that would be awesome because then I can goof off the rest of the time.
Steven Butala:
I understand that goof-off point, but you're just putting your eggs in one basket if it doesn't work out.
Jill DeWit:
But I have 12. I have more going on. Let's be honest. Because you know what? I'll have a rotation of many in the pipeline at the same time. But, hey, between one deal a day and one deal a month, I'm leaning towards month. But as I say that, I'm eating my words a little bit because I do say volume a lot.
Steven Butala:
I just think that you got to have 10 or 20 really good deals in the pipeline. And some months you're going to close 10 of them. Someone months you're going to close two. It's not often that you would close-
Jill DeWit:
All the bigger ones.
Steven Butala:
Yeah. It's not often you're going to close 20 a day. But the point is-
Jill DeWit:
But you have.
Steven Butala:
... we all have met people. If you're in this group, you know people that are one deal a day kind of people, and you know people that are just one deal a month. That's it. I'm good. I want to make a couple hundred thousand bucks.
Jill DeWit:
This one's been one deal an hour.
Steven Butala:
Yeah.
Jill DeWit:
It's a little nuts.
Steven Butala:
It's not that I want to do the deals because I've done that. My time for doing deals is over. My job is to keep everybody motivated and paid and happy and healthy and working in an environment they want. And generally being kind of, hopefully, a leader and not a pain in everybody's butt.
Jill DeWit:
He's become the HR department. Just kidding. I'm joking.
Steven Butala:
Before we get into it, let's take a question posted by one of our members on the landinvestors.com online community. It's free.
Jill DeWit:
You know I was teasing?
Steven Butala:
Yeah.
Jill DeWit:
Okay. By the way, if you are a Land Academy member, don't forget you can find us on Discord. Jesse wrote, "I'm new to Land Academy, just about ready to pull the trigger and lay down my money. In the interim, I figured it would be a good idea to brush up on my Excel skills. Does anyone know of a good online course that is applicable to the data analysis used here at Land Academy? I did a search, and the only one I found mentioned was it at ... " Is it Udemy?
Steven Butala:
Udemy.
Jill DeWit:
Udemy.
Steven Butala:
Like university.
Jill DeWit:
Okay. "I had someone else, not Land Academy, suggest DataCamp. Does anyone have any experience with DataCamp? Thanks in advance."
Steven Butala:
There's a lot of places to learn things like this, and I think it's great that you're trying to learn more. I would start with Khan Academy, K-A-H-N.
Jill DeWit:
That have Excel stuff?
Steven Butala:
They have everything. I mean, I have never ... and it's all free. It's a foundation. Now they raise money, people donate. It's been around for a while. It was originally designed to help young people from not affluent areas who didn't have access to learning how to c...