Why You Don’t Need a Real Estate License (CFFL 0304)

Why You Don't Need a Real Estate License Jack Butala: Why You Don't Need a Real Estate License. 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 with Jill DeWit. Jill DeWit: Dude. Jack Butala: Oh my God, the surfer thing's coming out. What's happening to you? Jill DeWit: We just hung out with these guys today. Go ahead. Jack Butala: Welcome to our show. In this episode, Jill and I talk about why you don't need a real estate license. Jill DeWit: Yay. Jack Butala: Very confusing sometimes for some people. We're going to make it fun and funny. Jill DeWit: Yeah. Jack Butala: Great show today, but before we get started, let's share something interesting that happened to us lately Jill. Jill DeWit: When was the last time you heard someone say, "What's a tee pee?" They meant like a tee pee. Jack Butala: Oh from last night. Jill DeWit: It was the funniest, funniest thing. We have this, one of my best pals in the world, and she's british. Jack calls her Canadian. It's hilarious. Jack Butala: She says Canadian stuff like, "What's a tee pee." Jill DeWit: Exactly. "Are you Canadian? What's the deal?" Oh my God. Jack Butala: We're going to get so many emails on that. Jill DeWit: You have to back up and say, because you're from Detroit, you have a loving close relationship with a lot of Canadians. Jack Butala: Like half of my friends are Canadian. Jill DeWit: There we go. Jack Butala: Seriously, half. Jill DeWit: Yes. Jack Butala: We all just harass, poke fun at each other. Jill DeWit: Hilarious. My dear, she's welsh, friend, we're having a discussion, and I'm trying to remember what, I don't even remember what it was about, but she said, "What's a tee pee," and so we happened to be at a Chinese restaurant, so the guy to her left gets his chopsticks and a napkin and starts to make one on the table. Jack Butala: He made a tee pee. He did a pretty good job. Jill DeWit: He did a great job with the chopsticks and a cloth napkin going, "This is a tee pee." She goes, "Oh okay." That was the best. Instead of describing it, or drawing a picture, he actually made one right there on the table, and I think that was the best. "That's a tee pee." Jack Butala: Right. Jill DeWit: I guess we had chopsticks. It was perfect. Yeah, that was so darn funny. Jack Butala: That was one of the funny moments last night of about 300. Jill DeWit: There's a lot we can't share. Jack Butala: Yeah, exactly. You took the words out of my mouth. Jill DeWit: Yeah, that was a good group. Jack Butala: Let's take a question posted on one of our members on Land Academy online community. Jill DeWit: Soon to be the Jack and Jill online community. Jack Butala: Mm-hmm (affirmative). Jill DeWit: Luke asks, "Okay, on the DVD," that's going to go away too, at some point, by the way, but this is going to be funny. You know what? We're going to listen to these shows five years from now and go, "Wow, look at what we were doing." Jack Butala: Yeah, we used to have DVDs, we used to have 32 websites instead of one. Jill DeWit: Exactly. Jack Butala: We used to be confused even about what the topics were on our podcast. Jill DeWit: Oh my gosh. Jack Butala: We are simplifying everything. Jill DeWit: Totally. All right, "On the DVD, Jill says," this is our educational program that he's referring to, "Jill says that they have the buyer pay the property taxes. The property's still listed in the name of a seller, which is myself, at the county until the land contract is paid off though, correct? How do you guys deal with the tax bills? If it's listed in the seller's name, doesn't the seller get the tax bill in the mail?