• 3 Reasons Why Lack of Access Kills Land Deals (LA 2014)

  • Jul 17 2024
  • Duración: 40 m
  • Podcast

3 Reasons Why Lack of Access Kills Land Deals (LA 2014) Por arte de portada

3 Reasons Why Lack of Access Kills Land Deals (LA 2014)

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  • In this episode, 3 Reasons Why Lack of Access Kills Land Deals, Jack Butala and Jill DeWit from Land Academy dive into the critical issue of property access and its impact on land deals. Discover the top 3 reasons why lack of access can make or break a deal, and learn from their decades of experience in the land business. Tune in to get valuable insights and tips on ensuring your land investments are successful. Transcript: Steven Jack Butala: Steven Jack Butala here. Jill Dewitt: And I'm Jill Dewitt, and this is the Land Academy show. Steven Jack Butala: It's sort of the House Academy show today. Jill Dewitt: Oh really, why? Steven Jack Butala: If you don't know this, we have a website just like Land Academy, a company just like Land Academy, called House Academy. Jill Dewitt: I knew that. Steven Jack Butala: For years it has not been feasible to buy and sell houses. Well, that's what it's all about today. Jill Dewitt: It has been feasible, but now, because there's people that have been successfully doing it in our groups, so I don't want to pooh-pooh anybody that's doing it. They're like, what are you talking about? What they're probably saying is, "Stop sharing this." Steven Jack Butala: It hasn't been feasible enough. Jill Dewitt: There we go. Steven Jack Butala: To meet Jill and I's standards where you can get rich off of it. Jill Dewitt: That's it. Steven Jack Butala: We probably could do a deal here and there. Jill Dewitt: Right, exactly. Steven Jack Butala: That's not how we roll. This is episode number 2015, and today we are talking about why the housing market demands that we expand our land businesses into buying and reselling houses. I didn't just wake up today and think, we should start buying and selling houses. Jill Dewitt: I'm bored. Steven Jack Butala: I don't have thoughts like that. Jill Dewitt: This just seems like a good idea. Steven Jack Butala: I'm looking at the data, as I do every single week, and share it with the Land Academy community, and the data is now for sure telling us that there's excess, there's an incredible demand for houses still, and there's now a supply that has caught up with it and it's time to start buying houses again for us. Jill Dewitt: What's interesting is, well, I'll save my questions for the show because I actually have some questions on this topic for you. Go ahead. Steven Jack Butala: Each week on the show we answer a question from our Land Academy member Discord forum, and we take a deep dive into land related topics by popular request from our Land Academy community. Let's take a couple of questions today. Jill Dewitt: Cool. Jenny ... Oh, by the way, in case you couldn't notice, we are still coming to you from the RV, so on the road for quite a few months actually this summer. So the background may change. Right there over my shoulder, that little window, that view's going to change, but this shouldn't change. Steven Jack Butala: And our attitude will change for sure. Jill Dewitt: Oh, definitely. Steven Jack Butala: Jill's will. Jill Dewitt: Yeah, exactly. I'll get angrier. Steven Jack Butala: That's usually my job. Jill Dewitt: Oh, that's true. Your job is angrier. I just get loopy, like what, I'm supposed to do what? Okay, so back to the questions. Jenny in our group wrote, "I have a newbie question for everyone. I have a purchase agreement in place to buy my first parcel of land this weekend. Yay. My sellers are in a situation where they need the cash as quickly as I can make it happen. It's a vacant land parcel that an end user will most likely put a mobile home on. Power's at the street. Well, septic of course will need to get done. All normal stuff. Given all these details, and if there's anything else I need to consider, will it be okay for me to do a self close following the steps from Jill, or would there be a reason to make this a title escrow close instead? Buying for 18K." Do you want to go first or- Steven Jack Butala: Yes.
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