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Gerald Lucas

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Can Vacation Homeowners Save On Taxes By Renting?, How To Bleed A Radiator In 3 Steps, Fed's Big Interest Rate Decision

September 23, 2026 Gerald Lucas

Can Vacation Homeowners Save On Taxes By Renting?

Real Estate Tip:

3 steps to bleed a radiator: 1) turn off your heating system 2) wait at least 30 minutes for it to cool down so you do not get burned by hot water 3) open the bleed valve at the top corner of the radiator with a radiator key or flathead screwdriver until trapped air escapes and water starts to trickle out.

Real Estate News:

The Federal Reserve voted unanimously Sept. 16 to raise its benchmark interest rate for the first time since 2023 as the Fed sought to address rising inflation concerns, stoked by soaring oil prices driven by the U.S. conflict with Iran.

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Tags Gerald Lucas, real estate tips, real estate strategies, vacation home, depreciation, investment property, fair market value, operating expenses
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Repairs That Are A Tenant's Responsibility, 3 Things You Should Do Before Hiring A Home Inspector, Mortgage Rates Rise Again To Highest Level Since When?

September 16, 2026 Gerald Lucas

Repairs That Are A Tenant's Responsibility

Real Estate Tip:

Hire a home inspector when you buy a home. Always verify their licensing and credentials, ask for a sample inspection report, read online reviews, and confirm they carry both general liability and errors and omissions insurance.

Real Estate News:

The average rate on a 30-year mortgage climbed to its highest level in the last 13 months.

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Tags Gerald Lucas, real estate tips, real estate strategies, tenant, lease, security deposit, repairs
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Better Investment-Multi or Single Family Homes?, A Must For All Condominium Associations, How US Housing Construction Did In July?

September 9, 2026 Gerald Lucas

Better Investment-Multi or Single Family Homes?

Real Estate Tip:

If your condominium association hires a property management company, make sure there is a written and signed agreement that spells out roles, responsibilities & payment terms.

Real Estate News:

US housing construction fell sharply in July as rising mortgage interest rates are denting builder confidence.

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Tags Gerald Lucas, real estate tips, real estate strategies, single family homes, multifamily properties, tenants
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