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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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How A Landlord Should Handle A Bogus Lawsuit, What Happens When A Home Stays On The Market For A Long Time?, Which Region & Price Range In NJ Had Highest Home Sales Increase?

March 17, 2026 Gerald Lucas

How A Landlord Should Handle A Bogus Lawsuit

Real Estate Tip:

Overpricing a property reduces its selling price-it inevitably ends with price cutting & a weak negotiating position. The longer a property stays on the market, the less it will sell for. The key to selling a property for top dollar is pricing it correctly in the 1st 30-45 days it's on the market.

Real Estate News:

The Jersey Shore topped the list of N.J.’s most expensive home sales in 2025 with sales of homes in the more than $2.5 million price range up 20% last year.

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Tags Gerald Lucas, real estate tips, real estate strategies, lawsuit, landlord, insurance
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This Makes Condos A Riskier Investment Than Homes, Buying Situation When An Environmental Audit Is Necessary, Sales Of Existing US Homes Takes Surprising Turn

September 2, 2025 Gerald Lucas

This Makes Condos A Riskier Investment Than Homes

Real Estate Tip:

Always get an environmental audit when you buy commercial property or any property that has ever had an underground oil tank.

Real Estate News:

Sales of existing homes in the US rose unexpectedly in July by 2%.

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Tags Gerald Lucas, real estate tips, real estate strategies, condos, homes, insurance, property management
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