More Wag, Less Bark (JJ 599) скачать в хорошем качестве

More Wag, Less Bark (JJ 599)

https://landacademy.com/2017/11/23/mo... More Wag, Less Bark Jack Butala: Jack, Jill here. Jill DeWit: Hello. Jack Butala: Welcome to the Jack Jill Show entertaining real estate investment advice. I’m Jack Butala. Jill DeWit: I’m Jill DeWit broadcasting this week from sunny Southern California where American cars seem to be scarce. Jack Butala: Have you noticed that? Jill DeWit: That’s kind of funny. That’s really funny. Jack Butala: Have you noticed that about this place? Jill DeWit: We are 33 … no, we’re 25% American vehicles in our family. Jack Butala: Oh, in our family? Yeah. Jill DeWit: Mm-hmm (affirmative). I’m going along with this, which is true. We have one American car of four current vehicles right now, one of them is American. Jack Butala: We have an American boat. Jill DeWit: Oh, okay. Jack Butala: American boat. Jill DeWit: So, we’re 20%. It just went down. Jack Butala: I just thought of it. Honda- Jill DeWit: I’m sorry, there’s two. Jack Butala: Honda and Toyota, their North American Headquarters are here among other. That’s, I think, maybe one of the reasons this whole lot of employees that work- Jill DeWit: That’s true. Jack Butala: … for other car companies. Jill DeWit: True. Jack Butala: I know. I’m from Detroit, so it’s just- Jill DeWit: Do you know what’s funny? Jack Butala: All you see in Detroit are American cars. Jill DeWit: Well, the most American car that I see here is Tesla. Jack Butala: Yeah. Jill DeWit: Where we are, there’s Tesla everywhere. Jack Butala: You know what? Jill DeWit: It’s a Tesla area. Jack Butala: It makes me feel better because Tesla’s here. Jill DeWit: Mm-hmm (affirmative), so we do have that. Jack Butala: It’s not that bad. Jill DeWit: It’s not that bad. Jack Butala: There’s too many BMWs everywhere. Jill DeWit: Oh, they’re dumb cars. Jack Butala: That’s a different story. Today, Jill and I talk about more wag and less bark. Jill DeWit: Yep. Jack Butala: Before we get into it, let’s take a question posted by one of our members on the JackJill.com online community. It’s free. Jill DeWit: Matt S. shares, “In the last member call, Luke Smith talked for a minute about how he goes about picking new counties to mail to, and one of the criteria he uses was looking at counties that have shorter days on market from the time listed to the time sold.” Jack Butala: This is exactly what we talked about on the last show, last episode. Jill DeWit: Yep. “I have looked at several different websites and can’t find that information. Where are you getting this data? I have access to that data on the MLS on my own state but not others. I’m looking to send out my second mailer. I want to make sure I’m not going to a county that is really hard to sell in.” Awesome question. Jack Butala: First of all, it’s a fantastic question. I’m really glad you’re taking the data portion of this seriously. It tells me you’re going to shine, if you haven’t already. The best place to get completed sales data is from the accessor when it gets recorded and then accessed. The best place to get that is either RealQuest, one of the three data services we provide, we’re licensed providers for it, RealQuest, DataTree, and- Jill DeWit: Black Knight, Title Pro- Jack Butala: Title Pro, 24/7- Jill DeWit: 24/7. Jack Butala: Most all of us here use RealQuest, and there’s a couple of columns in there that where they’re completed or their prior sale is, and those are your completed sales. If you’re in a high velocity market like we are with houses, the time that the recorder records the property and the accessor accesses it isn’t going to do you any good. The MLS is only as good as how real estate agents input the stuff. Jill DeWit: Exactly. Jack Butala: I’ll let your mind wander there. What you want to do for land is forget about it. Days on market for land is almost impossible to review. In fact, it takes a lot longer in general to sell land retail than it does houses. People need a place to live, they don’t necessarily need a land project. So, what we do and what we teach is to forget about days on market and look at sale price for existing properties. You want to come in so far below the existing sale price for like-kind properties on the market that there’s just no way you’re going to be owning it for too long. Jill DeWit: Got it. Jack Butala: Do you know how long it took me to realize that? Jill DeWit: Really?