Seller Called Back on My Offer – 5 Years Later (CFFL 0140)

Seller Called Back on My Offer - 5 Years Later Jack Butala: Seller Called Back on My Offer - 5 Years Later. 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 here from Land Academy welcome to our Cash Flow From Land show. In this eight part series Jill and I talk about what to do when sellers call you back because they ... They're returning your calls, what to do when they're calling back after you send a ton of offers out to see if they want to sell their property. This is episode five of eight. It's called the seller called you back, but five years later. Five years after you sent the offer out. Jill DeWit: Which happens all the time for us by the way. Jack Butala: Jill, it's a great show. Before we start let's take a question from a caller. Jill DeWit: Okay, Mark from Indianapolis asks "Are investors made or born?" I love this ... I love this question. Jack Butala: It's hilarious. Jill DeWit: Is it either you have it or you don't have it skill? I think that's a great question. Steven what do you think? Jack Butala: I don't know. I mean it's a good hing that we don't look at these questions before, Jill and I try not look at these questions before we ... Jill DeWit: Record? Jack Butala: Before the show. I don't know I think we might lose some customers but I think a little bit, it's probably 20% you're born with it and maybe 80% you can develop it. Jill DeWit: Okay, wait so you're saying investors are 20% nature, 80% nurture. Jack Butala: Yeah, [inaudible 00:01:23] if I thought about it, tomorrow numbers might change but I think there's a little bit of both that's what my whole point is. Jill DeWit: All right. Which one is more? Is it more ... Jack Butala: You can learn more. You can develop the skill way more but you still have to have that like ... I call it the inferno. You still have to have that inferno in your gut, like that just deep crazy desire to want to make some money on your own. Jill DeWit: I get it. Jack Butala: ... Or just do a deal. You know that Jill, you're a born deal maker. Jill DeWit: I get it. Okay, I'm trying to think about how I want to answer this. There's ... I'm going to go with 50-50 Steven because ... Jack Butala: Wow! Jill DeWit: Yeah, I mean there's so much of it that you have to have that drive like you said. You got to have the drive and the desire and if you can read people and work with people, there's so many things that help and ... By the way you got to have some [inaudible 00:02:22] I got to say. I'm serious because you might be ... Jack Butala: A [inaudible 00:02:27] lesson. Jill DeWit: Here we go. You got to have some guts to make some of these decisions and act on some of these properties right. Don't you think? Jack Butala: Oh, yeah but you can learn most of it. Jill DeWit: That's ... Oh, yeah you can learn a lot of it. I think ... Okay, you know what? I'm going to scale back. I'm going to say you an learn more but you still got to have some of that core whatever. I think Mark ... I wonder where Mark is on this. I wonder why he's asking. Jack Butala: Well I think that if you're listening to this show or have any interest in flipping real estate, flipping land and all the other stuff that we do, you've already passed that nature test and now it's just learning. Jill DeWit: Yeah. Jack Butala: What is the percentage? That don't matter. It's a little bit ... It's a slightly you got to have that inferno like I said and then I think it's really all about developing the skill. Jill DeWit: If you're this far along and you already know that's what you want to do and what you wan...