
Seth Williams Says A Teaspoon of Effort is All it Takes to Make a Ton in Real Estate (CFFL 0002)
Land Academy Show · Steven Butala & Jill DeWit
October 29, 201542m 36s
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Show Notes
Seth Williams Says A Teaspoon of Effort is All it Takes to Make a Ton in Real Estate
Jack Butala: Welcome to Land Academy. You are not alone in your real estate ambition. Seven days a week. I'm your host Jack Butala.
Jill Dewit: And Jill too. In today's episode...
Jack Butala: Super successful Seth Williams tells us it only takes a teaspoon full of effort to buy a good property. We are the experts in the land flipping business.
Jill Dewit: Steven and I interview successful and newbies alike all in the name of helping you succeed.
Jack Butala: Have you read my free eBook? It's free. Go to landacademy.com. Have some questions, want to be on the air?
Jill Dewit: 888-735-5045
Jack Butala: Every single month we give away a free property for free, no strings. It's a simple two step process to qualify. One, leave us your feedback for this podcast on iTunes, and two, get a free eBook at landacademy.com.
Jill Dewit: Let's get this thing started.
Jack Butala: Seth Williams is an experienced land investor, commercial real estate banker, and residential income property owner. He is also the founder of retipster.com, a real estate investing blog, providing real guidance for part-time real estate investors. Seth, it is always great to have you on the show. I'm super excited today. It's our new show. Jill's with us also.
Jill Dewit: Hey Seth.
Seth Williams: Hey Jill.
Jack Butala: It's wonderful to have you because you are probably the only person that we've had on the show or that I know of where we have really similar business models. I think we've gotten to the place where we are in a really different way, but I think it's a treat for our listeners because it's important to talk a little bit about where we've gotten, and how we do things on a day to day basis. It's great to have you man.
Seth Williams: Absolutely. Thanks for helping me out Steve. Glad to be here.
Jill Dewit: Thanks.
Jack Butala: Tell us who you are in the land flipping industry, and kind of explain or re-explain the niche that you and I share.
Seth Williams: I've been working as a land investor for probably seven-ish years now. I've really just be doing it kind of on a part-time basis. I'm a regular person with a full-time job, and all that. I've doing this since about 2008. I stumbled across it after trying to do things the way that everybody else was doing it, just looking for houses and trying to flip houses and that kind of thing. Everything I would look at on the MLS, it would never make sense. The numbers would just never add up, and I was just like banging my head against the wall trying to figure out, how does anybody do this? I don't get it. I don't want to risk my life savings to buy a property that just into a disaster, and I lose everything. I couldn't make it work.
When I finally discovered the land investing niche, it was just like, man, this is just everything that I've needed in a real estate investing niche. I couldn't believe that more people hadn't jumped on board, and started doing the same kind of thing because it just made a lot of sense from a lot of different angles. I've just being buying properties, and typically the people that I have been trying to focus on have been people who were delinquent on their property taxes. I think you guys probably do that to some extent, but I think you guys do a little bit differently. Is that right?
Jack Butala: Yes.
Seth Williams: I guess it just goes to show there is a lot of different ways to skin a cow when it comes to this. It's been really,