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Show Notes
What Motivates You
Transcript:
Jack Butala: Jack and Jill here.
Jill DeWit: Hello!
Jack Butala: Welcome to the Jack Jill Show, entertaining real estate investment talk. I'm Jack Butala.
Jill DeWit: I'm Jill DeWit, broadcasting from sunny southern California.
Jack Butala: Today, Jill and I talk about what motivates you. I bet you can be confident that we're going to talk about what motivates us. I bet it's very different. We haven't talked about this before the show.
Jill DeWit: No. It's something you've really got to think about.
Jack Butala: I know. It's philosophical.
Jill DeWit: I was thinking ... We talked about it a little bit yesterday. There's the surface motivation. There's a motivation you'll admit to, then there's the real motivation. As I'm looking at my notes, I just added one there.
Jack Butala: Me too. I did, just now.
Jill DeWit: There's stuff that you're going to go, "Oh, that motivates me." You are such a liar. No, it doesn't.
Jack Butala: Right.
Jill DeWit: You know that happens.
Jack Butala: You are such a liar.
Jill DeWit: You're a liar.
Jack Butala: You're a liar.
Jill DeWit: Some people are lying. They're lying to themselves. We'll cover that too.
Jack Butala: Wait, don't turn it off.
Jill DeWit: Wait!
Jack Butala: It's not that bad.
Jill DeWit: You've got to hear.
Jack Butala: Before we get into it, let's take a question posted by one of our members on the JackJill.com online community. It's free.
Jill DeWit: Matthew admits ... Just kidding. Matthew says, "Hello, all. Writing my first post from Sacramento area. I've been listening to the podcast for months, maybe six weeks' really."
Jack Butala: A little bit of embellishment here.
Jill DeWit: This is so cool. "Jill, I took your advice. I had all sorts of to-do things to cross off my list. I found myself riding around too much in the car. I was supposed to be selling to start my land investing business. I heard you say, 'Don't fall in love with it.', on one of the podcasts. I would literally drive around in my investment car and I said, 'That's it.'" This is so cool.
Jack Butala: What motivates you?
Jill DeWit: "I drove home and posted the car for sale online. Ten times, three times really, and committed to just getting it sold so I could raise the cash to start land investing."
Jack Butala: What the heck? That's outstanding.
Jill DeWit: This is so great. "Well, I sold the car on Monday. It's Wednesday now and after about four weeks of not really trying hard to sell it, because I was spending all of my free time renting out a family property for full market value. I finally rented that too."
"I did both transactions in the same weekend and I'm over the moon. Now, I know I can do the rental side of things correctly after struggling with covering from evicting a tenant, who destroyed my property, and now I'm back in the game."
"I need more rental properties in Nevada, but as Jack says, 'I need to learn myself how to find-and-buy great properties below wholesale so I can do this big time.' Here I am, ready to go, day one, starts in three, two, one, now."
Jack Butala: This guy's motivated.
Jill DeWit: "It's 10...