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Gerald Lucas

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Are Section 8 Tenants Bad?, The Truth About Capital Improvements & Your Home's Value, Multi-Family Permits Drop By How Much?

December 3, 2024 Gerald Lucas

Are Section 8 Tenants Bad?

Real Estate Tip:

Think twice before sinking a lot of money into a home renovation like granite countertops, pricey fixtures, and fancy alarm systems—on average, capital improvements add only 50% of their cost to a home's value!

Real Estate News:

The total number of multifamily permits issued nationwide fell 16% from a year earlier.

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Tags Gerald Lucas, real estate tips, real estate strategies, section 8, HUD, landlord, tenant, voucher, rent
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7 Things U Can and Cannot Control In Real Estate, What Contractors You Work With Should Have, Home Sales In This Category Fall By More Than In A Decade

May 30, 2023 Gerald Lucas

7 Things U Can and Cannot Control In Real Estate

Real Estate Tip:

Only hire real estate contractors that have established trade lines (credit accounts that allow them to buy supplies and materials themselves)

Real Estate Insight:

Sales of previously owned homes fell in April from the prior month and prices declined from a year earler by the most in more than 11 years.

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Tags Gerald Lucas, real estate tips, real estate strategies, property, interest rates, inflation, property taxes, insurance, land, building materials, labor, price, real estate, transaction, real estate investments, listing agreement, lease, contract, regulations, risk, ROI, return on investment, rent, tenant
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How To Recover Money When A Tenant Stops Paying, Great Tip To Stop Contractors From Overcharging You, Housing Starts Fall

August 30, 2022 Gerald Lucas

How To Recover Money When A Tenant Stops Paying

Real Estate Tip:

Demand an itemized breakdown of renovation costs from a general contractor rather just an overall estimate for an entire home rehab project

Real Estate Insight:

US housing starts fell 9.6% in July from the month before.

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Tags Gerald Lucas, real estate tips, real estate strategies, tenant, lease, eviction, rent, judgment, civil court, collect, garnish wages
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