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Gerald Lucas

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Where Are The Best Places To Buy Real Estate Now?, How To Manage Your Property Manager, NJ Adopts 'Environmental Justice' Regulations For Property Development Projects

May 23, 2023 Gerald Lucas

Where Are The Best Places To Buy Real Estate Now?

Real Estate Tip:

If you hire a property mgmt company to manage your real estate, make sure your property management agreement has the following 3 items: 1. roles & responsibilities 2. payment terms and 3. termination clause

Real Estate Insight:

NJ has become the first state to adopt a so-called environmental justice regulations to limit the development of projects that could bring pollution to lower-income communities.

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Tags Gerald Lucas, real estate tips, real estate strategies, appreciating real estate markets, local real estate market, averages, neighborhoods, property types, property
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3 Home Health Dangers In Older Homes To Avoid, Why Occupancy Agreements Matter, Home Prices Finally Fall-But By How Much?

May 16, 2023 Gerald Lucas

3 Home Health Dangers In Older Homes To Avoid

Real Estate Tip:

If you allow the seller to stay in a property you are buying after the closing, make sure you have an airtight occupancy agreement that clearly spells out the dates of occupancy and the consequences of failure to abide by those dates.

Real Estate Insight:

Home prices in Q1 2023 fell in more parts of the US than they have in over a decade with a third of metro areas posting annual price declines.

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Tags Gerald Lucas, real estate tips, real estate strategies, mold, asbestos, lead, EPA, lead paint
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5 Ways To Save On Home Related Expenses, Property Management 101, US City Rents Soar

May 9, 2023 Gerald Lucas

5 Ways To Save On Home Related Expenses

Real Estate Tip:

A property owner must manage his property manager--regardless of how much responsibility you choose to delegate, when you own property, the buck ultimately stops with you.

Real Estate Insight:

Most U.S. cities are unaffordable based on the most recent data available on market rents and median income.

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Tags Gerald Lucas, real estate tips, real estate strategies, home expenses, water leaks, smart thermostat, ceiling fans, air conditioning, insulation, oven, microwave
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