You Won’t Believe the Acquisition Data that is Available (CFFL 0277)

You Won't Believe the Acquisition Data that is Available Jack Butala: You Won't Believe the Acquisition Data that is Available. 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 and Jill DeWitt. Jill DeWitt: Hey there. Jack Butala: Welcome to our show. In this episode, Jill and I talk about how you won't believe the acquisition data that's out there and available. You can't believe how much data is out there about people who own real estate. It's staggering. If you're new at this, it's shocking what you could go to the assessor and find out. Great show today Jill. Let's take a question posted by one of our members and success plant dot-comer free online community. Jill DeWitt: Okay, Chip asks, "Hi everyone. In a previous life I sold retail land lots and acreage. The company I worked for would subdivide large parcels and then we would sell them. Part of their value added benefit, was all the properties sold included a boundary survey. In your experience, are you often buying land that has a survey available? If not, are you providing a survey to the end buyer? If so, what is the average cost to have it surveyed? I'm thinking, that not providing a boundary survey may not be an issue because we're selling at such a great price. If the end buyer wants one, maybe they could purchase one on their own with the money that they saved by purchasing at a discount from me. On the other hand, I can see that this may be a good thing to offer with the property at the time of purchase. Thanks in advance for your feedback." Jack Butala: Chip, this is a fantastic question and you're all ears. I can tell with the experience that you have and the type of questions that you're asking, that you're going to do great at this. The answer is yes, and yes and yes. I have purchased property that has been surveyed. I have sold it unsurveyed and I've actually completed surveys at the request of a buyer. In the end, a survey ends up being, in our product type, a way to differentiate yourself or that property from all the other stuff out there. Just like a title policy. Every time we do a title policy transaction, we attach it to the posting on the internet, and it separates us from maybe any other properties that people might be looking at. Yeah, surveys are great. You know another thing that doesn't cost anything and it only takes a few extra minutes is, getting the corner points on Google, getting a GPS corner points on Google Earth pro, which is real simple if you know what you're doing. It just takes a few extra minutes, because you have to center point anyway. From an information standpoint, this is how I steer people who bring up the survey topic just like this. How about I go do corner points and so you can hold your GPS and stand on a corner if you'd like. That effectively, is a survey in my opinion. You don't hear of young bringing up surveys too much anymore. You hear that from older guys like me, and maybe you should, I don't know. Jill DeWitt: That's a good point. You know what you're right, a lot of people don't even know what that is. Jack Butala: You know prior, maybe prior ... Jill DeWitt: That's true. Jack Butala: 10 or 15 years ago, before Google Earth I'll say and before GIS certainly, now a little bit, maybe 20 years ago. This is the only way you could find a property. You weren't holding something in your hand, going out there to figure it out. Right pilot? Jill DeWitt: Right. Jack Butala: I mean, the way you fly an airplane now is completely different. Jill DeWitt: Oh my gosh yes. That's very true. There's lots of things that and you have to learn from the basics going up. Can you imagine if you walked in and learned nothing but a big jet and you know that'...