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Gerald Lucas

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What To Do When Your Adjustable Rate Mortgage Increases, First Step BEFORE You Buy Rental Property, US Homeowner Equity Continues Climb

July 16, 2024 Gerald Lucas

What To Do When Your Adjustable Rate Mortgage Increases

Real Estate Tip:

Determine the profitability of a potential rental property BEFORE you make an offer to buy it.

Real Estate News:

Homeowner equity is rising across the United States with New Jersey coming in third highest place among US states with an average increase of $59,000 compared with last year.

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Tags Gerald Lucas, real estate tips, real estate strategies, HARP, ARM, adjustable rate mortgage, mortgage interest rates, HUD
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3 Tips For Lowering Your Electric Bill In Summer, The Perils Of Over-Rehabbing, Lumber Prices Crashing?

July 9, 2024 Gerald Lucas

3 Tips For Lowering Your Electric Bill In Summer

Real Estate Tip:

Don't waste your money and lower your ROI by "over-rehabbing" investment properties--investment properties don't need to be on par with Pottery Barn when it comes to accents and fixtures!

Real Estate News:

Lumber prices are have crashed since during the pandemic and are currently nearing all-time lows.

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Tags Gerald Lucas, real estate tips, real estate strategies, air conditioner, ceiling fans, blinds, drapes
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Happy Independence Day!, 3 Tips For Finding A Good Mason, Best Strategy To Find The Best Home To Buy

July 2, 2024 Gerald Lucas

3 Tips For Finding A Good Mason

HAPPY INDEPENDENCE DAY!

Real Estate Tip:

When searching for a home to buy, look at homes that are on the lower end of your budget so you have some wiggle room to make counter offers in case of a bidding war.

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Tags Gerald Lucas, real estate tips, real estate strategies, mason, mortar, labor, materials
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