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Gerald Lucas

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How Will The War In Iran Affect Real Estate?, Get This Before You Pay For A Roof, Mortgage Rates Climb Again-Yikes!

April 7, 2026 Gerald Lucas

How Will The War In Iran Affect Real Estate?

Real Estate Tip:

Always get at least a 5 year guarantee on a new roof before you enter into a contract for a new roof. Get the guarantee in writing before you make the final payment to the roofing company.

Real Estate News:

Mortgage rates climbed to 6.46% from 6.38%, the highest level since September of last year.

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Tags Gerald Lucas, real estate tips, real estate strategies, Iran War, real estate
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What Happens If You Default On A Non Recourse Loan?, Cash-On-Cash Return Formula For Property, How US Home Builder Confidence Has Changed?

March 31, 2026 Gerald Lucas

What Happens If You Default On A Non Recourse Loan?

Real Estate Tip:

Cash-on-cash return for a property = Cash flow before taxes($)/Cash investment($)

Real Estate News:

Confidence among US home builders went up in February although builders expressed concerns about affordability stemming from higher construction costs and labor shortages.

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Tags Gerald Lucas, real estate tips, real estate strategies, non-recourse mortgage loans, default, lender, foreclosure, insurance, personal assets, wages, fraud
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Can You Save Money Selling A Home Without A Realtor?, The Truth About Home Renovation ROI, How Much Did US Existing Home Sales Increase In February?

March 24, 2026 Gerald Lucas

Can You Save Money Selling A Home Without A Realtor?

Real Estate Tip:

Think twice before sinking a lot of money into a home renovation like kitchen or bathroom remodels, pricey fixtures and fancy alarm systems--on average, capital improvements add only 50% of their cost to a home's value which makes them poor investments financially!

Real Estate News:

US sales of existing homes rose 1.7% in February.

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Tags Gerald Lucas, real estate tips, real estate strategies, realtor, transaction costs, commission, net profit, sale price
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