
Back Tax Property Offers Miss Two Thirds of Willing Sellers (CFFL 0215)
Land Academy Show · Steven Butala & Jill DeWit
June 16, 201621m 24s
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Show Notes
Back Tax Property Offers Miss Two Thirds of Willing Sellers
Jack Butala: Back Tax Property Offers Miss Two Thirds of Willing Sellers. 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:
Jack Butala from Land Academy, welcome to our Cash Flow from Land show. In this episode Jill and I talk about back tax property offers and how they missed two-thirds of the willing sellers. Awesome show Jill, always an awesome show. Well maybe not always.
Jill DeWit:
We try for awesome.
Jack Butala:
I like them. People seem to have varying opinions. Anyway, seems like a good show today. Let's take a question though, before we get into it, posted by one of our members on successplan.com our free online community.
Jill DeWit:
Okay. Nick wrote, how do you know these counties have been hit hard by other mailers? Is it safe to say, most of the properties on taxsalelist.com high in tax delinquency have already been hit hard with mailers? I'm trying to figure out counties for my first mailer, but I feel like there's so many counties that seem great on paper, but have been over-saturated with mailers, and that it may be best to try to look where others have not.
Jack Butala:
I put this in here on purpose and I specifically chose this question/comment on success plan, based on the topic today and I'm going to be incredibly honest, ready?
Jill DeWit:
Mm-hmm (affirmative)
Jack Butala:
I'm a little sick and tired of this topic. Not a little actually, a tremendous amount sick and tired of this topic.
Jill DeWit:
I am also.
Jack Butala:
What evidence, and it has nothing to do with Nick. Nick you're awesome, thanks for the comment.
Jill DeWit:
Sure.
Jack Butala:
Nothing to do with anybody, personally. What evidence do we all need?
Jill DeWit:
Exactly.
Jack Butala:
That mailing back tax properties specifically is the right thing to do.
Jill DeWit:
I agree.
Jack Butala:
You miss two-thirds, this is part of the show, you miss the vast majority of the willing sellers and the problem free property.
Jill DeWit:
Oh, problem free.
Jack Butala:
That's the key.
Jill DeWit:
It's true.
Jack Butala:
Go out on bigger pockets or success plan or any other groups on Facebook that are not just about this topic, not just for land, but houses and apartment buildings and stuff. If you're identifying foreclosure property, or estate property, or back tax property and you're little niche, you're missing two-thirds of the opportunity. Spend some money on, get some mail out there and some offers and address the other properties based on some other statistics that you can find in the assessor's data. Oh, that's what we provide.
Jill DeWit:
Exactly.
Jack Butala:
Data to doorstep.
Jill DeWit:
I love your problem free, because that's so true. There was a guy on Facebook, you and I were talking about it yesterday, that did his own little test and I copied and pasted that little test for others to read, because he said, "I just tested it and gosh, Jack and Jill are right." No kidding.
Jack Butala:
Yeah, he did all the math, in a pretty sophisticated way and he said that he buys two-thirds more property by sending less mail out-
Jill DeWit:
At a higher price, by the way. I mean at a better price and gets more money out of them, it's a better profit I guess what I'm trying to say.
Jack Butala:
It tends to be a problem free transaction. Property's tax delinquent for a reason.
Jill DeWit:
Exactly.
Jack Butala:
It doesn't mean you're going to get it cheaper.
Jill DeWit:
Right. There might be a problem. You know and that's true.
Jack Butala: