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How to Sell Property Online 1 of 5 – Social Media Ball Rolling (CFFL 0156)

How to Sell Property Online 1 of 5 – Social Media Ball Rolling (CFFL 0156)

Land Academy Show · Steven Butala & Jill DeWit

April 19, 201626m 17s

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Show Notes

How to Sell Property Online 1 of 5 - Social Media Ball Rolling Jack Butala: How to Sell Property Online 1 of 5 - Social Media Ball Rolling. 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: Steven Jack Butala here for Land Academy. Welcome to our Cash Flow From Land show where we show you how to buy property for half and resell it the next day, 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, Jack ... In this episode, Jill and I talk about how to sell property online, episode 1 of 5. Tons of our members and other people are asking us to do series on how to sell property, not just buy it. This is episode 1 of 5, "Get the Social Media Ball Rolling." Jill, great show today. Before we start we'll take a question from a caller or from a member like we always do on our free community SuccessPlant.com. Today I'm going to read the question. Question from Hobart, didn't tell us where he's from, but here's the situation: "I have a guy who responded to one of my Craigslist ads a few months ago and he rejected my offer, but he came back and he really wants to unload the property. It's 2 adjacent properties in Lima, Ohio and they're just under a half acre each." Then he gives us actual links to the property, which tells me he's really on his way to putting his first deal together. "The owner said something about there being a slope one the properties and needing to work with engineers to build it which scares me a little bit. The slope isn't apparent from Google Maps ..." Boy, this guy's doing everything right. Although the parcels are heavily wooded, they have houses on either side of them and a lake over next to the street. It looks like it's a very good area to invest in, so he checked it out and he says, "Looking on LandWatch there are 10 or so vacant lots listed for 14 thousand dollars each in the Lima, Ohio area. One thing I'm concerned about is the fact that the owner obtained the properties at a tax deed sale." Which is the real question I think here, Jill. Jill DeWit: Mm-hmm (affirmative). Jack Butala: "Is it okay to buy property at a tax, or buy property from somebody who purchased it at a tax deed sale?" Here's my answer: Man, my hat is off to you for doing all the research and really asking a well informed question. I was going to read this question right before we started the show and Jill said, "Oh my gosh. This is such a crazy long question, are you serious?" Jill DeWit: Right. Jack Butala: I chose it for a reason. Hobart, you're doing everything right and I'm proud of you. You're right on your way to doing your first deal. No, I wouldn't be too concerned about buying property at a tax deed sale at all, as long as you do your homework, just as you've done all the way up til now. Can you go get title insurance on it? Yeah. In fact, the longer he's owned it, the easier it's going to be. People do this all the time. They buy properties at a tax sale and they either do a quiet title action or they get title insurance after the fact. Is it super simple, just like buying a house like we always do? No, but it's something that you can work through very easily. I would not be afraid of the tax deed piece at all. The engineering piece, however, on these properties ... Jill and I always say this: On your first 2 or 3 deals, or let's say 5, make it easy on yourself. Choose a property that has no issues whatsoever, no concerns. The type of property where you run into the bank saying, "Man, I hope this seller doesn't change his mind." While I think this, on the onset, is something maybe I would take on because I've done almost 16 thousand deal...