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Gerald Lucas

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3 Ways To Lower Home Insurance Premium, Important Fact Landlords Must Know, US Home Prices Climb Even Higher?

July 30, 2024 Gerald Lucas

3 Ways To Lower Home Insurance Premium

Real Estate Tip:

Find out if you must be represented by an attorney in landlord-tenant court before you file for eviction as a landlord.

Real Estate News:

US home prices hit a new high in June for the second consecutive month.

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Tags Gerald Lucas, real estate tips, real estate strategies, home insurance premiums, deductible, The National Association of Insurance Commissioners, claim, www.naic.org
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Outdoor Home Improvement With Highest ROI, Rule #1 When It Comes To Property Mgmt Companies, Red October On The Horizon??

September 19, 2023 Gerald Lucas

Outdoor Home Improvement With Highest ROI

Real Estate Tip:

When you hire a property management company to manage your property, make sure you require the individual or company to sign a written agreement that spells out roles, responsibilities & payment terms.

Real Estate Insight:

$8B of multifamily commercial mortgage-backed securities is coming due in the second half of this year, with some in real estate predicting a “Red October” because of expected mortgage defaults.

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Tags Gerald Lucas, real estate tips, real estate strategies, rental property, inflation, mortgage payments, homeowners insurance, deductible, premium, claim, catastrophic loss, total loss, ROI, return on investment, outdoor home project, lawn care, landscaping
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Do You Really Need Homeowners Insurance?, Utility Company Hack To Help Value Property, Housing Unit Size Drops

September 12, 2023 Gerald Lucas

Do You Really Need Homeowners Insurance?

Real Estate Tip:

Before you buy a previously owned property, call the local utility companies to try to get historical gas, electrical and water usage info. This will help you more accurately predict your operating expenses.

Real Estate Insight:

The unit size for new housing starts has declined 10% since 2018. New single-family homes are shrinking as cost-constrained buyers respond to soaring prices and builders try to reduce building costs.

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Tags Gerald Lucas, real estate tips, real estate strategies, rental property, inflation, mortgage payments, homeowners insurance, deductible, premium, claim, catastrophic loss, total loss
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