Jim Lord's (jimlordaz) Blog

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Real Estate Agent - DeLex Realty
RECENT BLOG POSTS
So I consult on a projectWhich buys homes and sells them at a discount for investors who are purchasing rental property. The company buys "flips" and then sells them to other investors to make them rentals, while they are in the construction process. This requires my staff a lot of phone calls to...
09/15/2017
2 Comments
Zillow and other instant value websites are rarely accurate. If you read my next article you will understand my desire to look up my home on Zillow yesterday and get a free Zestimate. Don't get me wrong, I am not a Zillow hater, I think they found a niche and are doing well from it. I too offer i...
09/07/2017
I am asked that question almost daily. The truth is, the answer is not glamorous. There is no secret weapon. In my years of flipping homes, I have found the MLS to be the place to find the best deals. First, Realtors tend to be honest and trustworthy, making their clients act honorably. In fact, ...
08/25/2017
3 Comments
Buyer Beware is dead?In recent years the courts in Arizona have ruled that the seller has an obligation to disclose any material issue of fact known at the time of sale. Material issue of fact is generally considered anything that has to do with the value of the property, however there are a few ...
08/24/2017
1 Comments
Well we are at it againThis home is a friend of mines flip. I am consulting with him as it is his first of many. We tore out the kitchen and have now started to frame in for a bathroom and master closet. The home orignally was a 2 bedroom, 1 bathroom with some great square footage, just over 1600...
08/24/2017
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This home started as someone else's flip.Yesterday, I mentioned some of the things they never show on the flip shows on TV. This is one of the many issues that may happen. This home was in the process of being flipped by another company in January of 2017 when a homeless person set fire to the pa...
08/22/2017
1 Comments
Flips are hard workIt seems every TV show on earth today shows flipping as some easy way to make a quick buck. The show happy couples tearing down walls, installing tile, painting and ending each show with a gorgeous new home. Believe nothing of what you hear and half of what you see..I actually ...
08/21/2017
I recently posted to a Facebook real estate page asking for help on a very unique listing I have.While the comps were all over the market, I had done a lot of research on the property and while I felt the price was a bit high, I also felt it was reasonable.The first advice (and I received it mult...
04/20/2017
I had someone tell me that a new pool motor was going to save them $150 per month in electricity.I hate breaking peoples high hopes about saving money with electricity but the fact is, you can't beat physics. While I am a proponent of high efficiency, I believe strongly in the use of VFD (variabl...
03/28/2017
So recently a friend of mine was going to lease a solar system.As I am an electrical contractor as well as a Realtor, he called me for my input. We talked for a while about why a lease over a purchase and it came down to monthly payments, a lease was far less expensive. I told him that a good sol...
03/24/2017
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