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Gerald Lucas

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What Happens When A Tenant’s Lease Expires?, Rental Property Due Diligence Tip, First Time Home Buyers Take It On The Chin

November 12, 2024 Gerald Lucas

What Happens When A Tenant’s Lease Expires?

Real Estate Tip:

Conduct a thorough local rental demand analysis before you sign a contract to buy a rental property.

Real Estate News:

The first-time home buyer market share decreased to a historic low of 24% (down from 32% last year), while home buyer's ages hit all-time highs of 56 years overall (49 last year).

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Tags Gerald Lucas, real estate tips, real estate strategies, lease, tenant, month-to-month tenancy, landlord
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Tenant Or Landlord Responsible To Unclog A Toilet?, Don't Do This When You're Applying For A Mortgage Loan To Buy A Home, How Much Risk Biggest Banks Face With Commercial Real Estate Loan Portfolios

June 25, 2024 Gerald Lucas

Is A Tenant Or Landlord Responsible To Unclog A Toilet?

Real Estate Tip:

Don’t change jobs while applying for a mortgage--it may hurt your chances of securing a loan to buy a home.

Real Estate News:

The commercial real estate loan portfolios of the nation's biggest banks are facing increased risk, new federal data shows, with an estimated $1.6 trillion in property financing expected to mature over the next two years.

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Tags Gerald Lucas, real estate tips, real estate strategies, unclogging toilet, tenant, landlord, lease addendum, lease, responsibility
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Can A Tenant Renegotiate Their Lease?, The Magic Of Skip Tracing, Office Building Conversion Explosion

May 21, 2024 Gerald Lucas

Can A Tenant Renegotiate Their Lease?

Real Estate Tip:

If you find an abandoned property you'd like to buy, check the local tax records or enlist a skip-tracing service in ordert to locate the owner so that you can make a purchase offer.

Real Estate News:

A fourfold increase in former office buildings being converted into apartments has occurred since 2021 in the US.

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Tags Gerald Lucas, real estate tips, renter, tenant, lease, renegotiate, contract, functional termination, formal lease termination, sublease, lease buyout, real estate strategies
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