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Gerald Lucas

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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 Unpaid Water Bills Cause A Home’s Foreclosure?, One Thing Any Contractor You Hire Should Have, A First For US Office Supply In Last 25 Years

July 8, 2025 Gerald Lucas

Can Unpaid Water Bills Cause A Home’s 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 News:

The amount of office supply in the US is on pace this year to contract for the first time in 25 years.

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Tags Gerald Lucas, real estate tips, real estate strategies, property taxes, foreclosure, lien, water bill, sewer bill, redeem
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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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