Jill Friday – Where Do I Start in Real Estate Land Investing (LA 1503)

Jill Friday - Where Do I Start in Real Estate Land Investing (LA 1503) Transcript: Steven Butala: Steve and Jill here. Jill DeWit: Good day. Steven Butala: Welcome to the Land Academy Show. Entertaining land investment talk. I'm Steven Jack Butala. Jill DeWit: And I'm Jill Dewitt broadcasting from sweet Scottsdale, Arizona. Steven Butala: Today is Jill Friday. And, we talk about where do I start in real estate land investing? Jill's going to enlighten us, I'm sure of it. Jill DeWit: I got this. It's not hard. Well, there's a lot to it, but the steps to get started are easy. I will help you and I will lay them out. 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: By the way, in case you hadn't heard earlier this week, oh boy. Have we revamped and reworked, and you're going to see some changes physically, not physically, but on the website, physically. And, then in the way we run things with Land Academy Deal funding. We are partnering up and have partnered up with some heavy hitters and you really have no reason to not ask for money. We not going to make it super easy for you. We have so much capital behind us and decades of experience, as you already know. And we're here to help you get those deals done. So, don't wait, go to land investors.com. Click on deal funding, submit your deal. And, we will tell you what to do next. Steven Butala: You got a couple of deals you're not sure about? Submit them. We'll tell you whether or not we'll happily fund them. We'll tell you if they're good deals or not. Jill DeWit: Aaron wrote, "I caught a bunch of RV parks, lots in my data. The county has them at 0.9 acres, but they're probably 0.09. They do seem to sell for 10 to $20,000. Probably have rules like an HOA, anyone mail RV parks, or is it a waste of 50 cents?" Steven Butala: These types of properties, RV properties are what I call specialty real estate. I put them in the category of mobile home lots, mobile home park lots. Property that is zoned for a hotel, maybe any type of special use property. Zone for a cemetery. You'll find them a lot in urban areas where a city planner has gone through it there and said, "This is where we kind of want all the industrial areas to be. This is where you want the high end houses to be. The low end houses to be and, and on and on and on." That's what a civil engineer or city planner does. Steven Butala: I absolutely love these kinds of lots. They sing to the right person. They're usually... How many times if be driven down the street and seen a defunct trailer park? That's just waiting for somebody like us or you who's got some skill and some energy to go in there, put a sign up, put a shack up there and say, "Look, bring your mobile home." Or "We'll put a mobile home on here for the right person." So, I love specialization property like this, as long as it's super cheap. And, if you know anything about internet marketing, the more specialized, whatever you're selling is, the easier it is to find people in a specifically in that geography and that zip code with Instagram or Facebook. So, it pops right up while they're going through whatever. Jill DeWit: Ding ding. Steven Butala: So, hell yes. And you need a partner in this? Please call me. It's one of my favorite types of real estate. Jill DeWit: Thank you for playing Aaron. I have nothing to add. Steven Butala: Today's topic is well, it's Jill Fridays. She's going to tell us about where do I start in real estate land investing? This is the meat of the show. Jill DeWit: Okay. You stumbled across the show. You ran into somebody in Land Academy you're like, "Wait a minute. What the heck are you all talking about? How are you all making this money? Doing this stuff? What do you mean land? Okay. I want to do this. I really want to jump in." Jill DeWit: Let's hold on just a moment. Steven Butala: Good. Good Jill, thank you.