In this podcast episode, learn how Jack and Jill successfully flip land. They emphasize the importance of experience and knowledge in the land flipping business, and highlight the value of learning from those who have been in the industry for a long time. They outline the 10 steps involved in flipping land, including identifying a target market, sending out mailers, managing inbound responses, acquiring properties, listing them with a real estate agent, and closing the deals. They also provide insights into what makes someone successful in this business, such as taking action, making quick decisions, and being willing to ask for help and funding. They conclude by encouraging listeners to be prepared, motivated, and committed to their land flipping endeavors.

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 1,998, and today we are talking about how to flip land successfully.

Jill K DeWit:You know what's cool? I need to add up the numbers, but we've been doing this now going on 10 years. Not just our land business, that's decades. We'll get to that later.

Steven Jack Butala:We've been teaching for 10 years.

Jill K DeWit:But just teaching and sharing our business model now for going on 10 years. We have people who have been in Land Academy with us since the beginning. They're going on 10 years. So my point is-

Steven Jack Butala:Totally, I didn't think about that.

Jill K DeWit:If anyone is qualified to talk about how to make millionaires, and I don't like to drop numbers like that, but it's the fact, and really teach people how to start and grow and make a really successful land flipping business, it's us.

Steven Jack Butala:So I have a whole framework about how for this episode, about how to actually flip land successfully, but Jill brings up a good point. I wonder if it's a good thing with all this experience or a bad thing.

Jill K DeWit:It's a great thing.

Steven Jack Butala:I do too.

Jill K DeWit:Are you kidding? I was talking to somebody the other day and they even said it to me or they're like, "Duh, why would I want to learn from someone who's done 100 deals versus someone who's done 10,000 deals?" And we're going on and we have like 17,000 deals and these are our deals. I want to make sure everybody knows it's not the community deals. I can't even imagine as a community how many deals we've done, because we've got some heavy hitters that are just male and flip like crazy. They're always the quiet ones in the group. You don't hear about them very often, but they're there. I know they're pulling a lot of data. I see the charges go through and it's really, really cool.

Steven Jack Butala:When I was young, I was always the smartest in the room professionally when it comes to computers. This is when Apple just started and Windows started to become names and products you could buy that could really enhance your business. And so as you can imagine from the older people that I was doing business with at the time or working for, there was a lot of pushback. They literally thought computers and technology was a fad.

Jill K DeWit:Oh, gosh.

Steven Jack Butala:It was going to go away, and there's no real replacement for personal relationships. And I think half of that's true. So I do think there is no replacement for personal relationships and there never will be. It's the reason we still have real estate agents and we still go to buy a car to car dealership, God forbid.

Jill K DeWit:Right.

Steven Jack Butala:It's because people just need to have a face and talk to somebody. So I understand that, and the technology part, that'll apply too. It certainly applies to everybody. There are over the years since what, 25 years I've been doing this, the technology changes are staggering without going into the details.

Jill K DeWit:Oh, my gosh.

Steven Jack Butala: