You Already Know Flipping Land Works So Let’s Talk about the Right Way to Do It (LA 1828)

You Already Know Flipping Land Works So Let's Talk about the Right Way to Do It (LA 1828) Transcript: Steven Jack Butala: Steven and Jill here. Jill K DeWit: Hi. Steven Jack Butala: Welcome to the Land Academy Show, entertaining land investment talk. I'm Steven Jack Butala. Jill K DeWit: And I'm Jill Dewit, broadcasting from the valley of the sun. Steven Jack Butala: Today, Jill and I talk about how you already know flipping land works. So, let's actually really talk about the right way to do it. Jill K DeWit: I have something to say. I'm going to share more about this in a minute. I was on a clubhouse chat today, I was just a fly on the wall listening. There were like 130 people in there, and it's people talking about wholesaling houses. And I've never heard people work so hard. I'm going to share more about the conversation. But I was just like, here's the deal I would've busted in and said and dropped a little nugget like there's an easier way to do this, and there's a lot less work. Because what we do with land works for houses, but I didn't have half hour because every time I've done this, it results in who are you and what are you talking about? And how do we do this? And it needs a half hour and I didn't have enough hour. So, that's why I didn't go there. But I will share more in a minute. Steven Jack Butala: Similarly, there has never been more bad advice on the internet about buying and selling land than there is now. Jill K DeWit: That's really funny. Steven Jack Butala: But we're going to dispel all the bad stuff here in the next half hour. Before we get into it let's take a question put by one of our land investors on our online community called landinvestors.com it's free and Jill has some stuff to say ParcelFact. Jill K DeWit: So, I wanted to tell you today's the day in case you didn't notice when you log into NeighborScoop, it's going to look like a different logo. And it's going to say ParcelFact. Yes. Why? Because they are merging. So, it's happening right now today. If it hasn't already popped up, you'll see it next time you log in. It's awesome. We started with, or excuse me, we started with ParcelFact, which was our beta test of finding property for us with a state and accounting and APN and all kinds of other awesome information and maps and overlays and FEMA, flood zone overlays, all kinds of wonderful things. And now, then we came out with a second product, made it better called it NeighborScoop. We've decided that two is not always better than one. We really only need one. So, when you log in, don't worry it's just one big product NeighborScoop and ParcelFact are now combined. And it's just ParcelFact. Steven Jack Butala: Big, long takeaway here. We took two great sites that did some stuff differently, made them one, combined the two members of each and now it's called ParcelFact and it's the best and easiest way to do what we do for a living, check to see if the property stage one due diligence. See if we should get it done. Jill K DeWit: Cool. Look at this. Barb from career path wrote first big success story. Just got our bank wire of 75,347 acquisition was $25,000. Is there more to it or is that it? Steven Jack Butala: No, that's it. Jill K DeWit: Okay. I couldn't tell, I'm just... Steven Jack Butala: She was and a lot of people Barbara's, very vocal in our group and we all love her. She's funny as heck. And I'm glad to see that she's doing really well. Jill K DeWit: Well, that pays for all of career path, about five years of Land Academy, all kinds of things who knows. Steven Jack Butala: All the mail. Jill K DeWit: What she's doing with that. Steven Jack Butala: One deal. Jill K DeWit: But yay. Hopefully she's going to pour that into our property, knowing Barb she is. That's awesome. Yay. That's awesome. Steven Jack Butala: Today's topic. You already know flipping land works, so let's talk about the right way to do it. This is the meat of the show. I know you have notes.