Major Problem with Mountain Town Real Estate Pricing (How You Can Use it to Profit) (LA 1958) - a podcast by Steven Butala & Jill DeWit

Join Steven Jack Butala and Jill DeWit on the Land Academy Show as they explore the intricacies of mountain town real estate pricing from their current location in Colorado. Discover why these markets can be unpredictable and how you can profit from the opportunities they present. They also delve into the importance of being a business owner as the key to building real wealth. With their RV trip underway, Steven and Jill share their firsthand experiences and insights into small town real estate. Don't miss this engaging discussion filled with valuable land-related topics. Visit landacademy.com for a sneak peek of their member discord forum and text your questions to 480-530-7383 to join the community and potentially have your questionsanswered in future episodes.

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 1,958. And today we are talking about why these mountain towns? Jill and I are actually in-

Jill K DeWit:Just outside of Aspen.

Steven Jack Butala:Carbondale. Carbondale, Colorado. Why these mountain town real estate pricing is so messed up, in Jill's, words. And then how you can ultimately profit from it. So it has to do with taking a look at land values versus housing values and things like that. And then a little bit later on, we're going to talk about how being a business owner is the only real viable way to create wealth.

Jill K DeWit:So we are coming to you live... Well not live. But we're coming to you from right between Glenwood Springs and Aspen, Colorado. I am wearing my Colorado sweatshirt today because I am lovingly supporting the Nuggets, who have just taken the NBA basketball championship title, if anybody knows. It was so fun to be here, in a sweet little local bar in Carbondale, and celebrate with everyone else their win here at Colorado. It's not technically our state, but right now it feels like it's our state. It feels like it's home to us right now. So we're having a good time. And I'm excited about this topic because this is so fascinating to me. So I'll save it. I have a lot to share and I'll save it for the actual show here.

Steven Jack Butala:Jill and I are in week one, maybe week two, actually, of probably what'll end up being a three, maybe four month national RV trip. We're in the center of Colorado right now. And so what we do, we tow a little Jeep around. And what we always do is drive to these little towns and look at real estate, not because we intend to look at real estate, it's just by default.

Jill K DeWit:That's who we are.

Steven Jack Butala:That's right. So we figured we'd talk about what we're finding and where there's just, we're looking for opportunity in finding it.

Jill K DeWit:It's amazing.

Steven Jack Butala:Yep.

Jill K DeWit:It's really amazing.

Steven Jack Butala:Each week on the show we answer questions from our Land Academy member discord forum. We review land acquisitions from our weekly member webinars. And we take a deep dive into two land related topics by popular request. I just mentioned those. If you want to sneak peek of what goes on discord, it's actually really interesting. Go to landacademy.com. It's free, in kind of a view only mode.

Jill K DeWit:And also, we pull questions from there, we also pull questions directly from you via texting to us. So feel free to do that. If you want to text us a question that we can answer here, live, or on our podcast. Or just want to get involved in our community, we read them all. The number is 480-530-7383. Check it out. So Michael wrote a question,"I am new and researching counties and zips. But I need funding for whatever I buy. I want to know what size property and what price point on the sell side would be attractive enough for a funder to go in with me and hold my hand in the process. Obviously, the split is negotiable. I'm just looking to learn the process,

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