
So You Made 100K on a Land Deal Now What (LA 1302)
Land Academy Show · Steven Butala & Jill DeWit
August 6, 202020m 44s
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Show Notes
So You Made 100K on a Land Deal Now What (LA 1302)
Transcript:
Steve:
Steve and Jill here.
Jill:
Hey.
Steve:
Welcome to the Land Academy Show, entertaining land investment talk. I'm Steven Jack Butala
Jill:
And I'm Jill Dewitt broadcasting from sunny Southern California
Steve:
Today Jill and I talk about, so you made a hundred grand on that last land deal, now what?
Jill:
I know what.
Steve:
Well.
Jill:
Do it again.
Steve:
Celebrate. Yes, first you need to take 10 minutes and celebrate. Maybe do shot of tequila or something.
Jill:
Yeah, tens good. Ten minutes is good.
Steve:
Whatever works for you. Eat a piece of chocolate cake, I don't know whatever works for you.
Jill:
What is yours?
Steve:
And that's the whole show.
Jill:
Quick. You want to celebrate? What? Can I have a budget? I made a hundred thousand dollars. How much money can I spend from my separation?
Steve:
You know, Jill and I made a huge amount of money one time on a real estate deal. You know what we did? Bought new computers.
Jill:
Yeah. It went to the business and it made us more effective and it, and I was just so happy. Yep. All right. Quick, you give yourself $500. What are you going to do?
Steve:
God, I haven't thought about something like this in a long time. Because usually I just go do whatever I want.
Jill:
I know but-
Steve:
For 500 bucks, what would I do? You know what I would do? Call up my buddies, probably bring you and your friends, girlfriends, and just pay for everybody's night out.
Jill:
That's very sweet. Well, now I feel like a little bit like a heel because mine's different. Mine is I call no one.
Steve:
Oh my God. Is this a spa day at that MZ diamond acquisitions?
Jill:
No because I have $500, it's just a spa day. That's it. I call no one, I turn off my phone, I leave it in the car and I'm gone for several hours. That's how I celebrate.
Steve:
Jill, I speak frankly, here. You should be doing that once a week anyway.
Jill:
I know. I should but spa's are kind of closed right now.
Steve:
Why don't you schedule that?
Jill:
Because the spa's are closed right now. That's, trust me, don't you, don't think I'm not, that's not on my list.
Steve:
Can't you have like a masseuse come to the house?
Jill:
I haven't really tried that hard but I could probably work on that. So, but thank you, that's not what this show's about. Thank you.
Steve:
Yes it is. This is about a hundred grand. It's totally about this.
Jill:
Okay, I guess so. Okay, yes because I just learned, I didn't know of any that would come to the house. And I just heard from somebody recently that they know someone. So that's in the works. But do you know what? I still don't want to do it in my own house. I have to go somewhere because I don't want to have to hide. And you know, I want to just, I'd like to go and be treated.
Steve:
You want to go somewhere and do that? Huh? What if I leave the house? And then-
Jill:
It's still not that great. I want to go be treated.
Steve:
This is interesting.
Jill:
You know what I want to do?
Steve:
You learn new stuff about your mate every day.
Jill:
I want to go to Terranea, or something equivalent, and just really have a nice, nice time. Thank you.
Steve:
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:
Okay. Mohad wrote, I've been practicing using Real Quest Pro to pull data in an area I'm looking to send my first mailer. Once I enter all the criteria and submit, it seems like a lot of the data I pull has some sort of housing on it. I'm entering in zero to 0% improvement and I'm still getting many buildings slash houses. I don't want to waste money on records with houses. I've gone through each land use to figure out which is pulling the records with the houses, but it looks like they are just blended in with several uses. Any suggestions on how to get rid of the houses, to be sure I'm doing something wrong?
Steve: