Why Land Academy Members are Partners and How We All Win Together (LA 1001)

Why Land Academy Members are Partners and How We All Win Together (LA 1001) Transcript: Steven Butala:                   Steve and Jill here. Jill DeWit:                            Hello. Steven Butala:                   Welcome to The Land Academy Show, entertaining land investment talk. I'm Steven Jack Butala- Jill DeWit:                            And I'm Jill DeWit, broadcasting from sunny Southern California. Steven Butala:                   Today, we talk about why Land Academy members are partners and how we all win together. Jill DeWit:                            In case you were wondering, we do use Audition because you're looking at it now on your screen. Steven Butala:                   I'm going to leave that in. Jill DeWit:                            I'm waiting. Steven Butala:                   In case you were wondering ... Jill DeWit:                            Waiting, waiting. Steven Butala:                   In case you were additionally wondering, that's why there's two people instead of one on this show, to catch our errors and make fun of each other. Jill DeWit:                            There you go. Steven Butala:                   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 DeWit:                            You know if it was a bad hair day, I wouldn't have said anything. I would have just let it go. Steven Butala:                   Oh you just want to see yourself? Jill DeWit:                            Yeah, no I don't want to see myself but I would just let that...that would be really funny to just do a whole show and just show only the Adode Audition surrounding..super funny. Jill DeWit:                            Okay here we go. Jill DeWit:                            Ben asked, I have a seller wanting to sell a 30 acre property, however, it's part of a 75 acre lot. Contacted the seller and asked where his 30 of the 75 acres are. He tells me that the lot is not devided and just that he owns 30 of the 75. Jill DeWit:                            This is hilarious. Steven Butala:                   We've all been there man. Jill DeWit:                            This is great. So I call the county to confirm and the information and they say "Yeah, he owns 30 but not any specific part of it." Steven Butala:                   That's what the county always says. Jill DeWit:                            This is great. Steven Butala:                   Yep you figured it out. Anything else? Jill DeWit:                            Sure yeah. That's great. Even after getting a copy of the plat map and it shows the 75 acre lot with several names on it, but not devided in any way. Also, the seller is the 100% owner of his APN so I would assume that everyone with a stake in the lot would have their own APN. It' great. Jill DeWit:                            I have another seller just like this only a different lot size. This is funny, this reminds of the other day like buying property with smart people, in certain areas. Anyway. Steven Butala:                   I'm not going to touch that. Jill DeWit:                            Is there anything different that can be done with these or should I just move on? Thanks. Steven Butala:                   He should move on. Jill DeWit:                            This is good. Steven Butala:                   Here's why. Jill DeWit:                            Did you put this in or someone. Steven Butala:                   Well, me and Kevin. Jill DeWit:                            Okay, right. Steven Butala:                   It's a combination of Kevin's answer and mine. Jill DeWit:                            Yeah. Steven Butala:                   Kevin our moderator on the site. Jill DeWit:                            Right Steven Butala:                   Go ahead Jill. Jill DeWit:                            Yeah.