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How to Sell Land on eBay Jack and Jill Tell All (CFFL 0199)

How to Sell Land on eBay Jack and Jill Tell All (CFFL 0199)

Land Academy Show · Steven Butala & Jill DeWit

May 31, 201622m 54s

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Show Notes

How to Sell Land on eBay Jack Butala: How to Sell Land on eBay. 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 for Land Academy. Welcome to our Cash Flow from Land Show. We show you how to but 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: In this episode Jill and I talk about how to sell land on eBay, Jack and Jill tell all. Jill, great show, it's a hugely requested topic. Before we start, here's some funny stuff that happened to us recently. My dad gave me a compliment. That's it. That's the whole joke right there. It's the first time, because I didn't even know if he listened to this show. Jill DeWit: I thought that was interesting. I like how it came in, you got to show this. Jack Butala: He just sent me a little encrypted email and he said, I don't have it in front of me, but he said, "Son, I've looked at your stuff online and I'm very proud of you." No punctuation. Jill DeWit: It was really cool. I love it. Jack Butala: My dad's, he's an older Korean War vet and he's got his opinions about certain stuff but. Jill DeWit: Don't we all? Jack Butala: It seems like, I'm glad he's, I'll take the compliment, let's put it that way. Jill DeWit: You know what? Just in case he's listening I'm going to be here and keep you in line. Jack Butala: Yeah. My dad, like everybody, is also in love with Jill so I can't do anything wrong now. Since she's been around it's been all peaches and cream. No, I'm just joking. Jill DeWit: That was really cool. I love that. Jack Butala: Hey, let's take a question posted by one of our members on SuccessPlant.com, our free online community. Jill DeWit: Okay. Josh asked, "If you purchase properties that have associated back taxes are you guys finding that you have better luck selling them if you pay off all the back taxes, or just include that in your listing and let the buyer deal with it? I understand this is a personal preference but I was just curious about what kind of response you guys are getting for the ones with back taxes." It's a great question, and it is personal preference. I go back and forth with it. Sometimes I think, for me, I'm going to answer here and I'll let you chime in jack. Jack Butala: Yeah. Jill DeWit: For me it depends on the property and it depends on how much the taxes are. If it's not a lot, if it's like forty-three dollars due in back taxes, I might not do it but if it's a couple hundred dollars in back taxes and it's a large acreage property or something, when they check out, I might wait til that point too and catch them up then. I've certainly done that. I have told people that at the time of purchase the taxes will be current, so when they pay me the five thousand dollars or eight thousand or ten thousand, whatever it is that they're buying the property, I'm going to take out the four hundred and ninety-seven dollars or whatever it is on back taxes and mail it in at that point so it is all current for them That way it's nice too because I really am handing them a current, right now, today property with the taxes on it. But no matter what you've got to state that in your posting for two reasons. One, you want to be up front and honest. And two, you don't want them to have any surprises and it takes a lot of the questions out of it. So many times people, if you don't put anything in your postings about taxes one way or another, you're going to get a lot of questions about it. People just naturally will ask you. Even if you are a hundred percent current on taxes y...