Welcome back to the Land Academy Show, Episode 1949. Steven Jack Butala and Jill DeWit delve into the anatomy of an online membership community, as well as share their journey from chasing pennies to making millions buying and selling land. Along the way, they share some banter about their creative process and everyday life. The show also features Q&A sessions from their Land Academy Discord forum, reviews of land acquisitions from their weekly Thursday member webinar, and deep dives into land-related topics. Check out landacademy.com to learn more.

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 1,949, and today we are talking in depth about the anatomy of an online membership community like Land Academy, and a little later in the episode we'll talk about how Jill and I went from chasing pennies to making millions buying and selling land.

Jill K DeWit:
Cool. Is it autonomy or anatomy? What is the proper word that we're doing here?

Steven Jack Butala:
Anatomy.

Jill K DeWit:
Anatomy, okay. Got it.

Steven Jack Butala:
What did I say?

Jill K DeWit:
I don't know. I don't even know. I looked at it because it's not the topics...
We sit down and we brainstorm. We come up with these ideas, and then when I finally sit down to record, they're all changed.

Steven Jack Butala:
We agree on everything, theoretically, Jill and I, and then I change it all.

Jill K DeWit:
Totally.

Steven Jack Butala:
And I don't tell her about it until the camera's turned on.

Jill K DeWit:
Exactly. Exactly right. I get to roll with the punches. You have no idea how hard this is.

Steven Jack Butala:
That's not the only situation where that happens.

Jill K DeWit:
Oh, no. Everyday life. Every day.
What kind of car are we getting? Oh, we're getting this now. Great.

Steven Jack Butala:
Each week... Moving on, Jill. Each week we answer questions.

Jill K DeWit:
Throwing your partner under the bus. This is "throw your partner under the bus" day. I like this. Sorry.

Steven Jack Butala:
Do you ever see that one classic Saturday Night Live? Where...

Jill K DeWit:
Bring it.

Steven Jack Butala:
He says...
They're sitting there, they're doing the newscast, and he sits there and looks at the camera, and doesn't like what she's saying, and he says, "Jane, you ignorant slut."

Jill K DeWit:
Yes. I knew you were going to go there. That's your favorite episode. That was 1970 something.

Steven Jack Butala:
I know.

Jill K DeWit:
I know exactly what you're talking about.

Steven Jack Butala:
Each week we answer questions from our Land Academy Discord forum, we review land acquisitions from our weekly Thursday member webinar, and take a deep dive into two land-related topics by request, that I mentioned just a few minutes ago.
Let's take a question posted by one of our members on the Land Academy Discord online community. If you want to sneak peek at the channel and you're not a member, please go to landacademy.com and check it out. It's free.

Jill K DeWit:
Aaron wrote, "I have a property under contract to buy and it's the Land Academy Style Purchase agreement, so we know, and in escrow. I was at the two yard line waiting for the seller to turn docs to title when the seller went silent. Fast-forward a couple of months and I find out another flipper is marketing the property. I believe they're acting as a wholesaler. I believe this particular group teaches that a contract is a contract, and advise recording memorandums if sellers try to back out. Now the seller wants to sell to me since I'll pay cash right now and get it done. I've had it under contract this whole time and it's already still an escrow with the title company ready to complete it and close in a couple of days. Any advice on this one? I'm pretty sure I have a buyer and I should make $70,000 a minimum on this, by the way."
What a mess.

Steven Jack Butala:
Close it.