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Gerald Lucas

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How Will The War In Iran Affect Real Estate?, Get This Before You Pay For A Roof, Mortgage Rates Climb Again-Yikes!

April 7, 2026 Gerald Lucas

How Will The War In Iran Affect Real Estate?

Real Estate Tip:

Always get at least a 5 year guarantee on a new roof before you enter into a contract for a new roof. Get the guarantee in writing before you make the final payment to the roofing company.

Real Estate News:

Mortgage rates climbed to 6.46% from 6.38%, the highest level since September of last year.

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Tags Gerald Lucas, real estate tips, real estate strategies, Iran War, real estate
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3 Kinds of Real Estate Collateral, Due Diligence Before Buying Rental Property, Commercial Borrowing Plummets

June 13, 2023 Gerald Lucas

3 Kinds of Real Estate Collateral

Real Estate Tip:

Do a complete and thorough local rental demand analysis before you sign a contract to buy a rental property

Real Estate Insight:

Commercial borrowing declined 42% in Q1 2023 in all major property categories and from all major lender sources.

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Tags Gerald Lucas, real estate tips, real estate strategies, property, real estate, home prices, collateral, personal guarantee, assignment of rents, loan, mortgage
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How Far Will Home Prices Fall?, Protection From Overpaying For Property, Commercial Borrowing Nosedives

June 6, 2023 Gerald Lucas

How Far Will Home Prices Fall?

Real Estate Tip:

The best way to avoid paying too much for a property is to never offer too $ much when you make a purchase offer to buy.

Real Estate Insight:

Commercial borrowing declined 42% in Q1 2023 in all major property categories and from all major lender sources.

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Tags Gerald Lucas, real estate tips, real estate strategies, property, price, real estate, home prices, dot com bust, local real estate markets, pandemic
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