Jim Lord's (jimlordaz) Blog

I do a budget FIRSTI have found that most clients look for a flip with the price of the flip in mind. I personally do not care about the price, I worry about my budget. My budget takes into account three things, the price of construction, hold time and interest on my money. I use an excel spreads...

TIME, Budget, PriceOften people misunderstand what the most important part of a flip is, I will tell you it is time. Nothing matters except turning the flip quickly. Actually every banker will tell you, get out of the deal and get your money working for you again.  Hold time will kill your deal f...

Speed, nothing more is what makes a flip a success. To quote the great Mickey from Rocky, speed is what we need, we need speed. The first day you purchased that flip was when you made all the money you will make, every day since you are losing more money. A dollar is not just a dollar. A dollar i...

Kelly Bundy knew the "secret" before it was popular.At the age of, let's say 15 (as I am not sure) I was watching Married With Children and Kelly give advice to Bud on dating. Kelly's advice to Bud was believe your good looking and others will believe you are good looking as well.This advice work...