Should You Use A HELOC To Pay Off Credit Cards?, How Landlords Should Reward Good Tenants, Recent US Home Values Growth %

Should You Use A HELOC To Pay Off Credit Cards?

Real Estate Tip:

Good tenants are worth keeping. Landlords should keep rents for good tenants slightly below market--this limits service calls and reduces your property management and maintenance costs over time.

Real Estate News:

Home values have recently grown, as the median U.S. home-sale price rose 2.3% during the four weeks ending Nov. 16—the most significant increase in seven months.

Are Federal Flood Maps Accurate Or Outdated?, G's Rule Of 3 For Contractor Estimates, How The # Of NJ Homes For Sale Has Changed Over The Last Year

Are Federal Flood Maps Accurate Or Outdated?

Real Estate Tip:

As a rule, it’s smart to get at least three estimates for any service or construction work done on your home or property.

Real Estate News:

The number of homes being offered for sale in NJ is up 17% year over year.

HAPPY THANKSGIVING 2025!

A Thanksgiving 2025 Video Message From Gerald Lucas

Real Estate Tip:

The Capitalization or Cap Rate for a property is the ratio between its net operating income (NOI) and the property’s value:

Capitalization Rate = Net Operating Income/Value

You can transpose the formula to solve for property value or net operating income:

Property Value = Net Operating Income/Capitalization Rate

Net Operating Income = Property Value*Capitalization Rate