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Gerald Lucas

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How Equity Participation Loans Increase Private Investor Profits, How Detailed Record-Keeping Lowers Tax Bill, US Home Sales Move Most In 2 Years

March 26, 2024 Gerald Lucas

How Equity Participation Loans Increase Private Investor Profits

Real Estate Tip:

Keep detailed records of each expense related to your property so you will be able to take advantage of every single tax deduction you are legally entitled to use.

Real Estate News:

US Home Sales rose in February which marks the first time in 2 years home sales increased for two consecutive months.

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Tags Gerald Lucas, real estate tips, real estate strategies, equity participation loan, private lender, fix and flips, written agreement, real estate transaction
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How To Profit From Prehabbing, Real Estate Commandment #9, Home Price Gains Weaken

April 18, 2023 Gerald Lucas

How To Profit From Prehabbing

Real Estate Tip:

Never let a real estate attorney make a business decision for you. Attorneys exist to review and advise not to make business decisions. Tell your attorney to stay in his lane and focus on the law.

Real Estate Insight:

Home price gains have been weakening every month since last summer, with the average home price nationwide now down six percent from its June peak as sales have dropped.

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Tags Gerald Lucas, real estate tips, real estate strategies, leveraged appreciation, gut renovation, prehabbing, fix and flips
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The Business Pillar You Are Probably Missing, Underground Oil Tank Danger, Mortgage Rates Fly

April 12, 2022 Gerald Lucas

The Business Pillar You Are Probably Missing

Real Estate Tip:

Always pay for a tank scan to check for underground oil tanks during your purchase contract's inspection period when you buy property.

Real Estate Insight:

Home mortgage rates hit 5%

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Tags Gerald Lucas, real estate tips, real estate strategies, fix and flips, profit, sunk costs, property value
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