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Gerald Lucas

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When You Can Refuse To Pay Condo Fees, Most Important Factor That Determines Profit In A Fix & Flip, NJ Home Supply Up 12%

February 11, 2025 Gerald Lucas

When You Can Refuse To Pay Condo Fees

Real Estate Tip:

The most important factor in determining the profit you earn when you buy, fix and flip a property is the price you pay to acquire the property.

Real Estate News:

The number of homes being offered for sale in NJ has increased by 12% with months’ supply up to 2.4 months compared to 2.0 months supply a year ago.

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Tags Gerald Lucas, real estate tips, real estate strategies, legal fees, condo fees, condo association, lien, foreclosure, management company, by laws, small claims court, late fees
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Can You Refuse To Pay Your Condo/HOA Fees?, The Most Effective Way To Sell A Home Fast, US Home Values Move Again Unexpectedly

October 31, 2023 Gerald Lucas

Can You Refuse To Pay Your Condo/HOA Fees?

Real Estate Tip:

One of the most effective ways to sell your home fast is to price it competitively. If you price it too high, you detract prospective buyers and price out potential bidders.

Real Estate News:

US Home values in August jumped 1.3 percent compared to a year earlier.

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Tags Gerald Lucas, real estate tips, real estate strategies, condo association, HOA, lien, master deed, foreclosure
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The 3 Demons of Tax Lien Foreclosure, The Big Difference Between Contractors Who Have Trade Lines, New Lease Asking Rents Rise Much Slower

June 20, 2023 Gerald Lucas

The 3 Demons of Tax Lien Foreclosure

Real Estate Tip:

Only hire real estate contractors that have established trade lines (credit accounts that allow them to buy supplies and materials themselves).

Real Estate Insight:

New lease asking rents rose just under 2% over the last 12 months--this is down from double digit increases a year earlier

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Tags Gerald Lucas, real estate tips, real estate strategies, tax lien holder, bankruptcy attorney, foreclosure attorney, courts, chapter 13, bankruptcy, property taxes, foreclosure
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