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Gerald Lucas

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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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Why There's No Such Thing As A Seller's Market, The Perils Of Overpricing, Building Materials Price Changes

September 14, 2021 Gerald Lucas

Why There's No Such Thing As A Seller's Market

Real Estate Tip:

Overpricing a property reduces its selling price-it inevitably ends with price cutting & a weak negotiating position. The longer a property stays on the market, the less it will sell for. The key to selling a property for top dollar is pricing it correctly in the 1st 30-45 days it's on the market.

Real Estate Insight:

Building materials prices have declined just twice since December 2019 and have increased 19.4% over the past 12 months.

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Tags Gerald Lucas, real estate tips, real estate stratgies, rents, home prices, rental demand, buyers, landlords, tenants, rental prices
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How Many More Homes Do We Need To Meet Current Demand?, Recording-Keeping To Maximize Tax Write-Offs, Housing Costs Spur Inflation

June 22, 2021 Gerald Lucas

How Many More Homes Do We Need To Meet Current Demand?

Real Estate Tip:

Keep detailed records of each expense related to your property so you will be able to take advantage of every single tax deduction you are legally entitled to use.

Real Estate Insight:

Fast-rising housing costs have helped to push inflation to a 13-year high

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Tags Gerald Lucas, real estate tips, real estate stratgies, landlord, fines, tenants, lease addendum
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