
Jack Thursday – How to Get a Girl Like Jill (LA 1821)
Land Academy Show · Steven Butala & Jill DeWit
August 4, 202215m 46s
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Show Notes
Jack Thursday - How to Get a Girl Like Jill (LA 1821)
Transcript:
Steven James Butala:
Steve and Jill here.
Jill K DeWit:
Hello.
Steven James Butala:
Welcome to the Land Academy Show, entertaining land investment talk. I'm Steven Jack Butala.
Jill K DeWit:
And I'm Jill Dewitt, broadcasting from sunny Southern California.
Steven James Butala:
Today's Jack Thursday, and I'm going to talk about how to get a girl like Jill. There's a lot of different ways this one can go today.
Jill K DeWit:
Yes, there are.
Steven James Butala:
I've pretty seriously piqued Jill's interest in this topic. And so I'll wait to fill her in and you after the question.
Jill K DeWit:
Well, at least even the way you word it is okay. It's not like how to get by with a girl like Jill, just how to get through life.
Steven James Butala:
How to get over a girl like Jill.
Jill K DeWit:
How to get over [inaudible 00:00:42]... That's right. Yeah. Depending how this goes. This is good. This perfect. Depending how today goes, tomorrow may or may not be how to get over a girl like Jill. I love it. Yep. She's gone. That's awesome.
Steven James 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, and please don't forget to subscribe on the Land Academy YouTube channel and comment on the shows you like.
Jill K DeWit:
Josiah wrote, "I have a good buddy who is a general contractor in Florida. He occasionally builds affordable housing. His cost to build a bread and butter basic SFR he buys, after he buys a lot. And then even before he breaks ground is about 80,000 bucks." Wow. "On impact fees and permits." Sheesh. So even if he gets a lot for free, he can barely get out of profit. My goodness. So Kevin wrote on, went on to write, "You know what? I had to pass on five acres inside a Missouri city property because the starter homes in the area would not support building anything but starter homes on small lots. I talked to builder and explained that even, who explained that even if I gave him the land, he couldn't build a home there and make a profit without getting some grant money. So I said, 'If this five acres was up in here, you could build with plenty of margin, like $300,000 and up. And he said, oh yeah, it's just with that certain area.'"
We do that too. Sometimes when we're on our Thursday calls and we're looking at deals, "What'd you do this deal?" And we're like... You'll notice sometimes there's areas that you just can't find comps, right? There's not a lot for sale, not a lot sold recently. And often for, I see it as a sign of celebration, but before I do that, I go, "Let's just see what the houses are going for. And if the houses are going for a million, then it is a sign of celebration. But if the houses are going for $85,000, it's not a sign of celebration," or less, sometimes even less. So this is what everybody's talking about here. There's times. And there's just areas that man, the way things are going right now, you can't build a house for what it's selling for.
Steven James Butala:
This is in the rant section of Discord.
Jill K DeWit:
Got it.
Steven James Butala:
These two members are-
Jill K DeWit:
Makes sense.
Steven James Butala:
... long time advanced members, both of them.
Jill K DeWit:
Yeah.
Steven James Butala:
I am... I've never in my entire career, in my 30+ year professional career in real estate, heard the noise called affordable housing. And I think it's... This is Jack Thursday, by the way. So I get to talk about stuff I want.
Jill K DeWit:
Don't you every day?
Steven James Butala:
No. It's the Land Academy Show.
Jill K DeWit:
Oh, yeah. You do.
Steven James Butala:
It's not the Jack Show.
Jill K DeWit:
Even off camera, I think you're doing just fine.
Steven James Butala:
I have never heard anything like of... It's just too... I can't afford to live there.
Jill K DeWit:
Yeah. That's true.
Steven James Butala:
Yeah.