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Gerald Lucas

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How Equity Participation Loans Increase Private Investor Profits, How Detailed Record-Keeping Lowers Tax Bill, US Home Sales Move Most In 2 Years

March 26, 2024 Gerald Lucas

How Equity Participation Loans Increase Private Investor Profits

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 News:

US Home Sales rose in February which marks the first time in 2 years home sales increased for two consecutive months.

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Tags Gerald Lucas, real estate tips, real estate strategies, equity participation loan, private lender, fix and flips, written agreement, real estate transaction
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How Deed Restrictions Affect Homeowners, Essential Negotiating Tactic, How First-Time Home Buyers Lost Strength Last Year

March 19, 2024 Gerald Lucas

How Deed Restrictions Affect Homeowners

Real Estate Tip:

Know when to walk away in a negotiation to purchase a property. When you walk away, a lot of times the other party will come back to you later on--and if and when they do, you’ll have an even stronger negotiating position to work from.

Real Estate News:

First-time home buyers accounted for 26% of all home buyers which is a decrease from 34% last year.

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Tags Gerald Lucas, real estate tips, real estate strategies, deed restrictions, homeowners, covenants, HOA, homeowners association
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3 Ways To Boost Your Credit Before Buying A Home, How To Protect Your Money By Slow Rolling Contractor Payments, How Much Multi-Family Construction Time Has Balooned Over The Last Decade?

March 12, 2024 Gerald Lucas

3 Ways To Boost Your Credit Before Buying A Home

Real Estate Tip:

Only make small payments to contractors as they satisfactorily complete mutually agreed upon milestones.

Real Estate News:

Over the past nine years, the time it takes to construct a multifamily building increased from 18 months to just over two years, compounded by supply chain issues and work stoppages during the pandemic.

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Tags Gerald Lucas, real estate tips, real estate strategies, life insurance, mortgage debt, borrowers, credit score, credit utilization rate, credit bureaus, credit accounts
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