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Gerald Lucas

  • Home
  • Blog
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    • An Unexpected Discovery
    • Why R&D Tax Credits?
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Should You Buy A Rental For Your Kid To Live When They Go To College?, What You Must Do Before You Attend A Real Estate Auction, NJ Governor Signs FAIR ACT

August 4, 2026 Gerald Lucas

Should You Buy A Rental For Your Kid To Live When They Go To College?

Real Estate Tip:

Do your homework before going to and participating in a real estate auction. Decide in advance what the maximum allowable price you'll pay for each property you choose to bid on. Auctions encourage impulsive buying behavior. There's always someone dumb enough to pay too much for a property--better to let that person overpay while you live to spend your more wisely another day.

Real Estate News:

NJ Governor, Mikie Sherrill signed The New Jersey FAIR Act (Forbidding the Algorithmic Inflation of Rent Act, A3497) on July 20, 2026, that prohibits landlords and software companies from using non-public competitor data and pricing algorithms to artificially coordinate and inflate rental housing costs.

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Tags Gerald Lucas, real estate tips, real estate strategies, college, financial aid, property management, rental property
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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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5 Ways To Stop Pipes From Freezing In Your Property, How To Minimize Property Renovation Costs, Average Retail Lease Size Changes

December 28, 2021 Gerald Lucas

5 Ways To Stop Pipes From Freezing In Your Property

Real Estate Tip:

When you renovate a property, get multiple bids from several contractors--prepare a set of bidding instructions with a detailed scope of work, a start and finish date so you can compare bids effectively.

Real Estate Insight:

Average retail lease size continues to decline.

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Tags Gerald Lucas, real estate tips, real estate strategies, frozen pipes, property maintenance, property management
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