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Gerald Lucas

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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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How Many More Homes Do We Need To Meet Current Demand?, Recording-Keeping To Maximize Tax Write-Offs, Housing Costs Spur Inflation

June 22, 2021 Gerald Lucas

How Many More Homes Do We Need To Meet Current Demand?

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 Insight:

Fast-rising housing costs have helped to push inflation to a 13-year high

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Tags Gerald Lucas, real estate tips, real estate stratgies, landlord, fines, tenants, lease addendum
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How Landlords Stop Getting Fined For Tenant Behavior, REO Landmines To Avoid, Home Sales Dropped In April

June 15, 2021 Gerald Lucas

How Landlords Stop Getting Fined For Tenant Behavior

Real Estate Tip:

Be careful when you make offers to purchase bank-owned property, also known as REOs because there is no previous owner compelled to disclose problems like a leaky roof or oil tank. You must do your own homework which includes a property inspection--the bank will only give you clear title to the property.

Real Estate Insight:

Pending Existing Home Sales Dropped 4.4% Month to Month in April

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Tags Gerald Lucas, real estate tips, real estate stratgies, landlord, fines, tenants, lease addendum
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