#326: Raw Land, Ebay Deals, and So Much More! -with Jill DeWit and Steve Butala

Real Estate Investing for Cash Flow with Kevin Bupp

Kevin Bupp

Investing, Education, Business

4.8 • 679 Ratings

🗓️ 8 June 2021

⏱️ 42 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Jill DeWit & Steven Butala are real estate and raw land experts.

Since 1999, Jill and Steve have completed the acquisition and sale of more than 16,000 properties without incurring leverage or debt and continue to purchase property daily for immediate resale.

Quotes:

"The seller just doesn't want it anymore. They are tired of getting the tax bills. They're in a situation and need cash right now. They inherited it and didn't even know they had it. There are all kinds of situations and they just don't know what to do."

"I love that we can buy and sell property all over the country and I don't have to be there. We have members all over the world that are doing this very successfully."

Highlights:

2:25- Jill and Steve talk about how they got into the real estate space and how they ended up in land investments

10:00- Jill and Steve share how they come up with the land value and what formula is used

17:16- Jill and Steve talk about their program and the kind of results you can expect from it

21:07- Jill and Steve talk about who the buyer typically is on the back end

29:49- Jill and Steve talk about the due diligence they do on their properties prior to buying

32:17- Jill and Steve share their most challenging deal and what they learned from it

Guest Website:

https://landacademy.com/

Learn About Investment and Partnership Opportunities with Kevin and His Team

Transcript

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0:00.0	You've been searching for the best way to generate passive income in your life
0:06.6	and heard that real estate is a great way to do it.
0:09.5	But you're tired of all the so-called gurus who are all talk and no substance.
0:15.3	Get ready to celebrate because Kevin Bup has spent 14 years successfully making it happen.
0:21.6	This is the Real Estate Investing for Cash Flow podcast.
0:25.2	Now, here's Kevin Bup.
0:31.4	Hey guys, Kevin Bup here, and I want to welcome you to another episode of the Real Estate
0:35.3	Investing for Cache Flow podcast.
0:37.3	Our mission is to help you
0:38.1	build and maintain massive amounts of cash flow through income producing real estate investments.
0:43.4	Now, our guest for this week's show is real estate and raw land experts, Jill DeWitt and Stephen
0:47.7	Butella. Now, since 1999, Jill and Steve have completed the acquisition sale of more than
0:52.8	16,000 properties without incurring leverage or debt,
0:56.5	continue to purchase property daily for immediate resale. Now, guys, in this interview, we're going to dissect how Jill and Steve purchase vacant raw land at pennies on the dollar and either flip that for cash or turn that into cash flowing annuity. So
1:13.4	excited to have them here today. So without further ado, let's welcome Jill and Stephen to the show.
1:18.0	Guys, how are you doing today?
1:19.5	Excellent, Kevin. Thanks for having us.
1:21.0	Yeah, excited for you to be here. And for those that might not be watching the video of this,
1:25.0	there's some waves crashing the background. So the beautiful scenery behind,
1:29.2	I saw a couple of mountain bikers,
1:30.4	the guys rolling past there.
1:31.9	And so you guys are on the beach
	...

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