What exactly is a home warranty? Stacie Polozola, a long-time veteran of the home warranty industry, joins host Darryl Jones to explain the ins and outs of this important service contract. As a representative for Fidelity National Home Warranty Company, Stacie shares her expertise on topics like what's covered in a basic home warranty plan, typical costs, claims processes, and common misconceptions. Darryl and Stacie also discuss key points such as unknown pre-existing conditions, emergencies, and policy renewals. Tune in for Stacie's insider knowledge on how a home warranty can provide valuable peace of mind for homeowners.

Episode Highlights:

• Basic home warranty plans typically cover plumbing, heating, electrical, air conditioning, and kitchen appliances, with options to add coverage for additional items
• Home warranties cover unknown pre-existing conditions, but not damage from pests, abnormal wear and tear, or lack of maintenance
• Plumbing issues are the most common home warranty claims
• Upgraded plans can help cover modification costs when replacing systems like HVAC or water heaters

Key Questions Asked:

1. What's the difference between a home warranty and homeowner's insurance?
2. How long is the typical waiting period for home warranty coverage to begin?
3. Can a homeowner transfer their existing home warranty policy to a new buyer when selling their home?
4. What out-of-pocket costs might a homeowner face when having a system like an HVAC unit replaced under their home warranty?

Guest Information:

Stacie Polozola - Fidelity National Home Warranty

Website: https://www.homewarranty.com/

Phone: 1-800-862-6837

Contact Darryl:

Darryl & JJ Jones Real Estate

Email: darrylandjj@gmail.com

Phone: (714) 713-4663

What's overhead? Roofing expert Steve Eliason joins host Darryl Jones to discuss all things roofing. Steve shares his 40+ years of experience in the roofing industry, starting from when he first learned the trade at age 14. Darryl and Steve dive into topics ranging from the most popular types of roofs to the importance of proper licensing and insurance for roofers. They also explore key points like the typical lifespan of roofs, new roofing technologies, and maintenance tips for homeowners. Tune in for Steve's valuable insights on this essential aspect of every home.

Episode Highlights:

• The most popular types of residential roofs, including composition shingles, concrete tile, and more
• Typical costs and timelines for reroofing projects
• Advances in roofing materials that improve wind resistance and energy efficiency
• The importance of proper ventilation and insulation in roofing systems
• Risks of walking on roofs and why it's best left to professionals

Key Questions Asked:

1. What are the most popular types of roofs for residential homes nowadays?
2. How long does a typical roof replacement take and what factors can impact the timeline?
3. What licensing and insurance should homeowners look for when hiring a roofing contractor?
4. What ongoing maintenance can homeowners do to extend the life of their roof?

Guest Information:

Steve Eliason

Website: https://santiagoroofing.com/

Phone: (714) 529-0445

Contact Darryl:

Darryl & JJ Jones Real Estate

Email: darrylandjj@gmail.com

Phone: (714) 713-4663

In this episode of The Jones Zone, Host Darryl Jones is joined by Mike Auerbach, 1031 Exchange Specialist. They explore what 1031 exchanges are, their benefits, rules, and regulations, as well as creative ways to utilize them. Mike and Darryl also discuss important considerations like working with a qualified intermediary, time limitations, loan stipulations, and more. Whether you’re an experienced real estate investor or new to the concept, this episode breaks down everything you need to know about harnessing the power of 1031s.

Episode Highlights:

● How to defer capital gains tax and utilize all equity from a property sale

● Strategies for identifying potential replacement properties within 45 days

● The necessity of using a qualified intermediary to facilitate the exchange

● Creative options like reverse exchanges and drop-and-swaps with partners

● Misconceptions about 1031 applicability and expiration rumors

Key Questions Asked:

1. What are the primary benefits of participating in a 1031 exchange?
2. What are the time constraints and critical deadlines in a 1031 exchange?
3. How does the loan amount on the sold and purchased property affect the exchange?
4. Can LLC partners go their separate ways and still qualify for an exchange?
5. What resources exist for successfully navigating a 1031?

Guest Information:

Mike Auerbach - 1031 Specialist

Website: https://www.1031specialists.com/

X: https://twitter.com/1031Specialists

Phone: (631) 438-1031

Email: mike@1031specialist.com

Contact Darryl:

Darryl & JJ Jones Real Estate

Email: darrylandjj@gmail.com

Phone: (714) 713-4663

In this episode of The Jones Zone, Host Darryl Jones is joined by Stephan Claus, Owner of Angelus Waterproofing & Restoration. He talks about his company, which does waterproofing, repair and coatings for commercial and residential buildings. He also discusses common cause of leaks, the importance of regular inspections and much more. Tune in for this fascinating and informative episode of the Jones Zone!

Episode Highlights:

• Common cause of leaks in buildings
• The importance of waterproofing
• Major projects that Stephan and his company have worked on

Key Questions Asked:

1. What are some common waterproofing issues you see in buildings?
2. What building components tend to fail and cause leaks?
3. What kind of technologies do you use to detect leaks?
4. How often should buildings be inspected and re-waterproofed?

Guest Information:

Stephan Claus - Owner @ Angelus Waterproofing & Restoration (Huntington Beach & San Diego, CA)

Phone: (562) 941-7676

Email: stephanc@angeluswp.com

Contact Darryl:

Darryl & JJ Jones Real Estate

Email: darrylandjj@gmail.com

Phone: (714) 713-4663

What exactly does an escrow company do during a real estate transaction? Escrow expert Lance Indes joins host Darryl Jones to provide an in-depth look. Lance explains the neutral third-party role escrow plays to facilitate deals and ensure all instructions are properly followed. He covers key topics ranging from earnest money deposits to wire transfer fraud prevention measures. Tune in as Darryl and Lance also discuss earthquake insurance challenges, title issues that can arise, and much more.

Episode Highlights:

• How escrow officers coordinate all the moving pieces and enforce contractual terms
• The importance of escrow's designation and independence for handling any deal type
• Extra verification steps taken to combat wire transfer fraud attempts
• Options when parties no longer agree such as terminating with forfeited deposits
• Typical escrow costs and fees based on purchase price tiers

Key Questions Asked:

1. What documents and funds do escrow companies handle during a deal?
2. What is the process if a buyer stops responding during escrow?
3. How does an escrow company help prevent wire transfer fraud?
4. What are common challenges that arise during the escrow process?
5. What factors should people consider when selecting an escrow company?

Contact Lance Indes:

Lance Indes - Prominent Escrow Services

Email: lance@prominentescrow.com

Phone: (714) 423-6882

Contact Darryl:

Darryl & JJ Jones Real Estate

Email: darrylandjj@gmail.com

Phone: (714) 713-4663

In this episode of The Jones Zone, Host Darryl Jones is joined by Kiersten Wardman, a family friend who relocated to Montana. They explore topics like Montana's slower pace of life, the colder climate and snowy winters, the job market, things to do for fun, property prices and taxes, wildlife, and more to help anyone considering a similar move weigh the pros and cons.

Episode Highlights:

• Montana's stunning natural landscape and scenery
• The slower, friendlier pace of life compared to California
• Very cold, snowy winters that last 3-4 months
• Lower income taxes and property taxes, but higher food prices
• Popular outdoor recreation activities like skiing, snowboarding, hunting, fishing and hiking

Key Questions Asked:

1. How did you end up deciding to move to Montana?
2. What are the biggest differences coming from California?
3. How cold and snowy are the Montana winters?
4. What is the job market and economy like there?
5. What kind of wildlife and outdoor hazards exist?
6. What advice would you give to Californians considering moving there?

Contact Darryl:

Darryl & JJ Jones Real Estate

Email: darrylandjj@gmail.com

Phone: (714) 713-4663

In this episode of The Jones Zone, Host Darryl Jones is joined by Chris Morley, a Solar Consultant at OC Solar, who is seasoned in all things solar. We discuss how they work, costs, the installation process, and much more. Tune in to hear Chris provide in-depth expertise on all aspects of transitioning to solar energy!

Episode Highlights:

• Typical process when a homeowner is interested in solar - assessing energy usage, system sizing, financing options
• Costs of solar - average system size and cost
• Installation timeline
• Ability to expand/upgrade the system in future

Key Questions Asked:

1. What happens when someone wants solar installed?
2. How do solar panels work and what is the efficiency rating?
3. Does panel efficiency matter?
4. How does weather impact solar production?
5. Can solar offset the entire electrical bill and allow someone to go "off-grid"?
6. On average, how much does a solar installation cost? How long until someone will see a return on investment?
7. What maintenance is required for solar panels?

Guest Information:

Chris Morley - Orange County Solar

Phone: (714) 788-3587

Email: chris@ocsolar.com

Contact Darryl:

Darryl & JJ Jones Real Estate

Email: darrylandjj@gmail.com

Phone: (714) 713-4663

In this episode of The Jones Zone, Host Darryl Jones is joined by a dear colleague, Andrew Kaluzny, who is seasoned in real estate appraisals. They discuss many topics on the minds of homeowners and he answers common questions that he sees surrounding the topic of home appraisals. If you have been wanting to learn more about appraisals or are looking to have your home appraised, this is an episode that you won’t want to miss!

Episode Highlights:

• How appraisers determine a property's value using sales comparisons and making adjustments based on property features
• Common misperceptions about appraisals - they are the same for sales and refinances, borrowers don't own the appraisal report
• Which home improvements add the most value
• Unique stories from Andrew's career - appraising a home with a private train track, one with a music venue and nightclub

Key Questions Asked:

1. How do you determine the value of a property during the appraisal process?
2. What factors have the most significant impact on a property evaluation?
3. How do ADUs and converted garages factor into property value?
4. What are the most common misconceptions about home appraisals?

Guest Information:

Andrew Kaluzny - Kaluzny Appraisal Group, Inc.

Phone: (714) 349-6535

akaluzny@att.net

Contact Darryl:

Darryl & JJ Jones Real Estate

Email: darrylandjj@gmail.com

Phone: (714) 713-4663