Land Academy Show Steven Butala & Jill DeWit

Join Steven Jack Butala and Jill K DeWit on this week's episode of "The Land Academy Show" as they dive into the realities of working with your spouse in the land business. They share personal anecdotes, practical tips, and the highs and lows of their journey together. From managing multi-property deals to balancing strengths and weaknesses, Jack and Jill offer valuable insights for any couple considering a business partnership. They highlight the importance of clear communication, mutual support, and the ability to navigate challenges together. Whether you're already in business with your partner or just thinking about it, this episode provides a candid look at what it takes to succeed as a team in the land business.



Transcript:



Steven Jack Butala:

I'm Steven Jack Butala.



Jill K DeWit:

And I'm Jill DeWit, and this is the Land Academy Show.



Steven Jack Butala:

This is episode number 2,011, and today Jill and I are talking about the truth about working with your spouse in the land business. In case you don't know, it's not all peaches and cream.



Jill K DeWit:

Oh, there may be something-



Steven Jack Butala:

Just like this show.



Jill K DeWit:

I got to write one more thing down. Excuse me, I have another note now, just kidding.



Steven Jack Butala:

On a personal note, I love this topic. I think it's going to be a blast. I think there's probably a lot of stuff that Jill's got to say. There's a few things I need to say.



Jill K DeWit:

And in the safety of this environment with you on the other end, we can't get in trouble.



Steven Jack Butala:

That's exactly right. Well, we can only get in a certain amount of trouble.



Jill K DeWit:

True.



Steven Jack Butala:

We can't get in any nasty [inaudible 00:00:56]-



Jill K DeWit:

Major trouble, because when the camera's off, so are the gloves.



Steven Jack Butala:

Hey, it's hockey season by the way, I'm taking those gloves off.



Jill K DeWit:

Yes, all right. Hey, before we get started, I have a big announcement. For the first time ever, we've never done anything like this. We are going to do a live, open to the public workshop the week of June 17th. I'm looking for the exact dates here. So, June 17th through the 21st, and it's not like the same thing is going to be repeated. It's going to be building on each other every day. So, we're going to start with equity planner and goal setting and all that stuff.

It's kind of everything we do in Land Academy, but I wanted to really take a step back and have an open workshop for anyone. So, if you're really thinking about doing this, you do not want to miss it. So watch your email, if you're not in my email loop, you should be. Download our free eBook, that'll get you in there. Or just send a note to my team like, "Hey, what's going on June 17th? I need to be involved," to support@landacademy.com. So, what's going to happen is it's going to be one hour a day, Monday through Friday that week, sometimes with Jack, and sometimes just me, and it's going to be 9:00 AM Pacific time to 12:00 PM Eastern Time, and again, just for an hour each day and it's really going to give you-



Steven Jack Butala:

You will learn tons.



Jill K DeWit:

Oh my gosh, a really good insight to what's going on more than just reading the eBook and getting on the Thursday call.



Steven Jack Butala:

How to buy and sell land.



Jill K DeWit:

Totally. We're going to really do as much as a deep dive as we can in an hour, but you're going to walk away knowing whether this is a good fit for you or not. I guarantee it.



Steven Jack Butala:

I've been doing this for 30 years. We've done more than 16,000 deals,

In this episode of "The Land Academy Show," host Jill DeWit interviews Michelle Bridger, a successful female member of Land Academy. Michelle discusses her initial success with over 160 properties sold on terms, the challenges of scaling her business, and how joining Land Academy provided the solutions she needed. She highlights the impact of detailed training and expert advice from Land Academy, which helped her transition to larger, more profitable deals. Michelle also shares insights into being a female land investor, building rapport with clients, and strategies for evaluating properties.



Transcript: N/A



https://youtu.be/60Bjk9aMU4Y



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Join hosts Jack Butala and Jill DeWit on this week’s episode of “The Land Academy Show” as they dive deep into the common challenge of dealing with land sellers who have unrealistic price expectations. From understanding the reasons behind inflated prices to strategic responses and effective negotiation techniques, this episode provides invaluable insights for anyone in the land investment business. Tune in as they share: real-world experiences, practical tips, and answers to questions from the Land Academy community.



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https://youtu.be/Wmm0hGTyXoM



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Join Jill DeWit and Land Academy Member Bei Zhang, as they share their real estate journey. They cover everything from their shared experiences, to Bei's inspiring career transition. Explore their philosophy of living like you're retired, while still working, with insights into business operations, goals, strategies and more. Hear personal stories, tips on balancing work with personal health, and reflections on their journey. Don't miss this engaging conversation packed with valuable insights for real estate enthusiasts and entrepreneurs!



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https://youtu.be/8O_y66uBWGQ



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In this episode of The Land Academy Show, hosts Steven Jack Butala and Jill DeWit discuss the time it takes to make a million dollars with land compared to the stock market. They emphasize the importance of consistent and controlled growth in the land business, where doubling or tripling your money on each deal is more realistic and achievable.Steven and Jill compare the potential returns of investing in the stock market versus investing in land, highlighting how land can provide a much higher return on investment in a shorter period of time. They also stress the value of continued education and staying involved in the land business to maximize success.Tune in now and discover how to fast-track your financial goals!

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https://youtu.be/039wYrOPTRo

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How Long Does It Take to Make A Million Dollars With Land Vs. The Stock Market (LA 2007)

I'm Steven Jack Butala.And I'm Jill DeWit, and this is the Land Academy Show.This is episode number 2,009 and we're talking about how long it takes to make a million bucks with land versus the stock market. Here's why? The Dow hit 40,000 today, this is when Jill and I were recording it, it's I guess May 16th. That just shocks me.Right.Everybody's celebrating.What's limit up and limit down? I can't remember any of it. You know what I'm talking about?Yeah, there's daily limits.Well, then they stop it. It can't go so high. Did they even bring that up today like we're pushing it or everything?No.Okay. I didn't even know.Because it wasn't-It wasn't-It wasn't a huge jump from the previous day.Astronomical.And my philosophical question to you Jill is ... There's a lot of celebration today. When in real estate do you celebrate when things are at the top of the market? Do you celebrate and jump around? Are you happy when the land is selling for the most it's ever sold for ever?Not really, no.How about houses? Do you love to go into a market and see people just hitting the top of the market with their remodel?Nope. No. I see where you're going with this and I understand your point. Okay. So everybody's high-fiving each other because it's the most expensive that it's ever been, yay. It's only good for one person who sold that stock at that time. Everybody else is going, "Oh, I blew it" kind of thing. That's it. So you're talking about our world and what really makes sense to us. What you can do consistently which is a lot of getting to second base I guess. First base, second base, I'm happy with that all day long. You know what? To me-I like getting to second base too.I know you also like a home run but we won't go there. Home runs happen once or twice a year for us, let's just say that. What happens more often than not, second and third base which is doubling my money and then a little bit more than doubling my money. There's just like oh my gosh, I can't believe I bought this for 20,000, sold it for 120. That's a home run. First base is I bought it for 20, sold it for 30, 35. It didn't go that great but who can complain about making 10 or 15 grand? This is all very consistent. And then second base to me is I bought it for 20 and I sold it for 40, 45. This is great. Third base is I sold it for 60 to 70. And then you know what home run is. I'm more happy with that. You never want to be the most expensive house on the block, I've always believed that.Here's some things-And you don't want to reset the market-Here's here some stuff-worth I don't believe in that.Real Estate Vs Stock MarketWe're going to talk about today in a big picture. We're going to talk about the stock market versus land investing, and we're going to dabble a little bit in comparing those two. Also with owning a different business like a convenience store or a manufacturing facility. They're all not apples to apples. There's a different amount of energy that you can put in. This is super important for Jill and I.

Join Steven Jack Butala in episode 2006 as he interviews seasoned entrepreneur and Land Academy member, Steve Hodgdon. Steve shares his blueprint for land flipping success, spanning from early technology experiences to building a successful real estate lending business. He delves deep into the 2008 crash, digitization in real estate, advanced tools in the land business, and the "Loan to Own" strategy. The discussion also covers market trends, inflation, property management challenges, and risk management. Learn from real-life examples and gain valuable insights into sustaining a profitable land flipping business.



Transcript: N/A



https://youtu.be/vyEPn0mj8pE



Thanks for listening, and finally, don’t forget to subscribe to the show on Apple Podcasts.