PHOENIX REAL ESTATEI have to make another trip to the lockbox store to purchase more lock boxes as I continue to obtain more listings. I have decided to obtain more listings through short sale and fix and flip business. I had ten lock boxes at the beginning of this month. I have one left. I would say that is a pretty good month. Yes, I know the boxes cost $85 a piece. However, I believe it is worth the investment. It secures the key and allows my fellow Realtors to show the home with ease. I dislike when you have to call to obtain a code. Then, you get their voice mail when you have the buyer right in front of you.

I am having more real estate investors wanting to learn to purchase from the Arizona Trustee Sales to fix and flip homes. Again, I believe real estate is a team sport. I have created a team that allows real estate investors to take advantage of the Phoenix real estate market. We have a great success rate when it comes to purchasing homes with nice spreads to fix and flip a house.

I have decided to purchase ten more lock boxes today so I can list ten homes in November. Then, I will repeat this process. Will I list ten homes? I will keep you posted of my progress.


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Comment balloon 9 commentsHarry F. D'Elia III • May 08 2012 06:57AM


You are wise for being prepared Harry, maybe it's like the attraction principle, buy the lockboxes and the listings will come.

Posted by Malcolm Johnston, Trenton Real Estate (Century 21 Lanthorn Real Estate LTD., Trenton, Ontario) about 8 years ago

Just want to be prepared when we continue to purchase homes from AZ trustee sales and list them

Posted by Harry F. D'Elia III, Investor , Mentor, GRI, Radio, CIPS, REOs, ABR (RentVest) about 8 years ago

I have two solutions for you that are way cheaper and just as effective.  One, move to Florida.  Electronic lockboxes here are $12.  Second, buy the dial boxes.  They are just as good and go for as little as $8.  The company is online and quite reputable, MFS.

Posted by Morris Massre, Real Estate Instructor Broward County Florida about 8 years ago

2days until the end of the month?  Its only the 8th.  And, why wait until November for ten more listings, Harry - what're you gonna do until then?  LOL.  

Posted by Juli Vosmik, Scottsdale/Cave Creek, AZ real estate 480-710-0739 (Dominion Fine Properties) about 8 years ago

I bought 20 and then sold 10 and have 10 left and 3 are out on properties.  I only put them on vacant homes for agents to access.

For my rental properties, I have the Sanzo dial key boxes affixed to the property with keys so I and my repairmen can gain access without having to get a key from my office.  It works when residents get locked out of their homes also.

I'd buy them from another re firm for a reduced price


Posted by Wallace S. Gibson, CPM, LandlordWhisperer (Gibson Management Group, Ltd.) about 8 years ago


It's a good problem to have.  We have had to buy more this year, too.  I am happy to make the investment.

All the best, Michelle

Posted by Michelle Francis, Realtor, Buckhead Atlanta Homes for Sale & Lease (Tim Francis Realty LLC) about 8 years ago

Harry,  only two days left in the month?  What calendar are you using?  : ) 

Anyway, that is a great problem to have.  Good luck with them.

Posted by Debora Nichols, Realtor Anthem,Phoenix,Scottsdale,Glendale,Peoria (Residential Sales, Purchases, Investors, Vacation Homes) about 8 years ago

Congrats on your successful month Harry! And here's to many more!

Posted by Wanda Kubat-Nerdin - Wanda Can!, So Utah Residential, Referral & Relocation REALTOR (Red Rock Real Estate) about 8 years ago

Harry, so glad to hear what a great year you are having! Phoenix is definitely one of the markets ripe for fix and flip.


Posted by Sharon Alters, Realtor - Homes for Sale Fleming Island FL (Coldwell Banker Vanguard Realty - 904-673-2308) about 8 years ago