Keeping Your Mind Open to New Ways to Buy Land (LA 1108)

Keeping Your Mind Open to New Ways to Buy Land (LA 1108) Transcript: Steven Jack B.:                   Steve and Jill here. Jill DeWit:                            Hi. Steven Jack B.:                   Welcome to the Land Academy Show, entertaining land investment talk. I'm Steven Jack Butala. Jill DeWit:                            I'm Jill DeWit broadcasting from sunny Southern California. Steven Jack B.:                   Today, Jill and I talk about keeping an open mind to new ways to buy land. Jill pointed out to me that that's not really a complete sentence. Jill DeWit:                            I know. It's just like I'm a little confused. Steven Jack B.:                   So here's the gist of it. Jill DeWit:                            Well, wait a minute. Do you mean don't do direct mail? Steven Jack B.:                   No. Jill DeWit:                            Oh, okay. Scared me for a second there. Steven Jack B.:                   That's what tomorrow's topic is. Jill DeWit:                            Uh-oh, okay. Steven Jack B.:                   No. Direct mail should at least for the next many years be part of how you establish deal flow if not the only part. Jill DeWit:                            Exactly. Steven Jack B.:                   This topic today is all about keeping your mind open toward new ways of actually buying land, and the way that this business model may snake its way into whatever you do next. Jill DeWit:                            Evolve. Steven Jack B.:                   Yeah evolve is great, organically grow. A great example is the interview with Jill yesterday about what we're doing in Los Angeles. That's not something I ever thought that I would've thought about even six months ago that we would be involved in. So I don't want to talk about that here too much because it's off topic, so please listen to yesterday's show. Before we get into it, let's take a question posted by one of the members, one of our members on landinvestors.com online community. It's free. Jill DeWit:                            If you're not watching, it's kind of funny because Steven looked at me, and I just had this blank look on my face like “I got nothing.” Steven Jack B.:                   What that means is if you're married, you know how this goes. What this means is your spouse has a million looks, and you could fill volumes with just what one look is versus the next look. A person off the street's not going to know that the looks are any different, but after you spend a certain amount of time, so the look that Jill just gave me was- Jill DeWit:                            Oh this is good. Steven Jack B.:                   “I'm not so sure this episode is organized as well as it could be, and I expect you to take the lead, Steve. Tee it all up, ask me a couple of questions in the middle, and then bring it back down and close. It's your episode, Steve.” Tell me I'm wrong about any of that. Jill DeWit:                            No it's verbatim what was in my head. The notes I wrote down before the show do not apply. Steven Jack B.:                   She crossed them out. Jill DeWit:                            I did. Steven Jack B.:                   She crossed out all of her notes, right? Jill DeWit:                            I sat down, and I looked, and I said, “This is not what I thought we're talking about.” So it's your show man. Steven Jack B.:                   All right, so it'll be the Steve Show today. Jill DeWit:                            It will. Steven Jack B.:                   You know what? I can handle it. Jill DeWit:                            Yes you can. All right, Carly S. wrote, oh it says not a member FYI. Let's see how the question goes if we can tell anyway. Steven Jack B.:                   That's why I wrote it in there. Jill DeWit:                            Oh, “I'm buying three lots for $10,000 hoping to sell them for around $15,000 each,