Kibe Lucas Blog

Real Estate Corner

Q. How can I build wealth with real estate rental properties?

A.  Before purchasing rental property, consider the following factors to make a good investment:

  • Find moderately priced properties, so you can generate more cash flow than higher priced properties.  Your tenant’s rent should cover the mortgage, utilities, and additional expenses in order to produce a cash flow.

     

  • Get the full cost of owning and repairing the home.  Have a property inspection before you purchase the property to identify any potential repairs.  Also, get written quotes from contractors for repairs you’ll need to make before renting out the home.

     

  • Carefully select your tenants.  Each time a renter leaves, you have to prep it for another tenant by paying for repairs, possible upgrades, and other costs such as advertising, credit and background checks, plus taking time to show the unit.  Long-term tenants are better for your investment, so choose wisely and treat them well!

     

    To learn more, call me to request my Free Consumer Report called
    “How to Avoid 8 Dumb Mistakes Even Smart Investors make.”

     

    Do you have a real estate question you want answered?  Feel free to call me at (907) 357-HOME.


Posted by Kibe Lucas on January 20th, 2015 2:28 PMLeave a Comment

Header
Header_2
Listings Photo
$49,900.00
13923 W Big Lake Road

Houston, AK 99694



Beds: 0 Rooms: 0
Full Baths: 0 Sq. Ft.: 0
Garage: 0 Built: 0
 

Awesome lot on Birch Lake. Nicely treed and gorgeous views of the lake. Lot is mostly level and sloops gently to the lake. Drive by to see. Lot next to this one is also available, see MLS #14-13144.
This is a new listing that
I thought you might be
interested in. Visit this
listing online to see more
photos of the property,
Google? Earth satellite
images, and much more.
 

If you have any questions
about this property or
require more information,
please feel free to call.

Kibe Lucas
The Kibe Lucas Team - Keller Williams Realty Alaska Group
9073574663
www.kibelucas.com



 
  Visit this listing here

Posted in:General
Posted by Kibe Lucas on January 13th, 2015 1:27 PMLeave a Comment

Header
Header_2
Listings Photo
$49,900.00
13941 W Big Lake Road

Houston, AK 99694



Beds: 0 Rooms: 0
Full Baths: 0 Sq. Ft.: 0
Garage: 0 Built: 0
 

Awesome lot on Birch Lake. Nicely treed and gorgeous views of the lake. Lot is mostly level and sloops gently to the lake. Drive by to see. Lot next to this one is also available, see MLS #14-13148.
This is a new listing that
I thought you might be
interested in. Visit this
listing online to see more
photos of the property,
Google? Earth satellite
images, and much more.
 

If you have any questions
about this property or
require more information,
please feel free to call.

Kibe Lucas
The Kibe Lucas Team - Keller Williams Realty Alaska Group
9073574663
www.kibelucas.com



 
  Visit this listing here

Posted by Kibe Lucas on January 13th, 2015 1:22 PMLeave a Comment

Header
Header_2
Listings Photo
$20,000.00
4598 S Runabout Circle

Big Lake, AK 99652



Beds: 0 Rooms: 0
Full Baths: 0 Sq. Ft.: 0
Garage: 0 Built: 0
 

Half an acre corner lot with Big Lake and mountain views! Bluff lot that has a driveway and lake access. Natural gas and electric are on site. Drive by to view today!
This is a new listing that
I thought you might be
interested in. Visit this
listing online to see more
photos of the property,
Google? Earth satellite
images, and much more.
 

If you have any questions
about this property or
require more information,
please feel free to call.

Kibe Lucas
The Kibe Lucas Team - Keller Williams Realty Alaska Group
9073574663
www.kibelucas.com



 
  Visit this listing here

Posted by Kibe Lucas on January 13th, 2015 1:12 PMLeave a Comment

Header
Header_2
Listings Photo
$50,000.00
NHN N PITTMAN Road

Wasilla, AK 99654



Beds: 0 Rooms: 0
Full Baths: 0 Sq. Ft.: 0
Garage: 0 Built: 0
 

River frontage on the Little Su River! Great recreational or residential opportunity with this property! Lots of trails for both winter and summer playing and with just over 23 acres, it's your own playground! Don't wait to see this one!
This is a new listing that
I thought you might be
interested in. Visit this
listing online to see more
photos of the property,
Google? Earth satellite
images, and much more.
 

If you have any questions
about this property or
require more information,
please feel free to call.

Kibe Lucas
The Kibe Lucas Team - Keller Williams Realty Alaska Group
9073574663
www.kibelucas.com



 
  Visit this listing here

Posted by Kibe Lucas on January 13th, 2015 1:00 PMLeave a Comment

Header
Header_2
Listings Photo
$359,900.00
1651 W Kanabec Drive

Wasilla, AK 99654



Beds: 4 Rooms: 0
Full Baths: 3 Sq. Ft.: 2872
Garage: 0 Built: 1998
 

Do you want the Alaska Dream?! Beautiful log home with lots of light & plenty of room for entertaining. Enormous deck, 2.7 acres of land, close to town, 3 stall barn with electric & heating has been converted to shop & can easily be converted back. 30 x 30 2 car garage. Flooring in the main living area is being replaced. Owners have log siding for the barn, are staining deck & working the yard.
This is a new listing that
I thought you might be
interested in. Visit this
listing online to see more
photos of the property,
Google? Earth satellite
images, and much more.
 

If you have any questions
about this property or
require more information,
please feel free to call.

Kibe Lucas
The Kibe Lucas Team - Keller Williams Realty Alaska Group
9073574663
www.kibelucas.com



 
  Visit this listing here

Posted in:General
Posted by Kibe Lucas on January 13th, 2015 12:45 PMLeave a Comment

Exciting Changes are coming for The Kibe Lucas Team!

 

2015 is going to be an exciting year for The Kibe Lucas Team! We are happy to announce that we will be moving to our new location on February 1st, 2015!!  Our new office is located at 315 N. Nelson Drive in Wasilla, just across from Wonderland Park. This move will allow us to better serve you, our most important asset, our Buyers and Sellers!  We are working on the details for our open house celebration and will let you know as soon as we’ve set a date. We look forward to welcoming you to our “new home.”  Be on the lookout for details coming soon……

 

We would also like to take a moment to welcome our newest Buyer’s Specialist, Doug Rudd.  Doug joins our team with more than 18 years serving our country in the Army.  He also shares our passion for real estate and for providing outstanding client care & service.  If you get a chance, stop on by and say “Hello!”


Posted by Kibe Lucas on January 13th, 2015 12:42 PMLeave a Comment

Header
Header_2
Listings Photo
$75,000.00
NHN Crooked Lake

Big Lake, AK 99652



Beds: 2 Rooms: 0
Full Baths: 0 Sq. Ft.: 1008
Garage: 0 Built: 1987
 

2 Br log cabin with loft on 4+ acres on Crooked Lake. Lake is wonderful for jet skiing, float planes, fishing, boating and loon watching. Cabin comes with green house, deck, dock and wood burning sauna. Borough land is leased to year 2025. Buyer may be able to purchase land from Borough at fair market value.
This is a new listing that
I thought you might be
interested in. Visit this
listing online to see more
photos of the property,
Google? Earth satellite
images, and much more.
 

If you have any questions
about this property or
require more information,
please feel free to call.

Kibe Lucas
The Kibe Lucas Team - Keller Williams Realty Alaska Group
9073574663
www.kibelucas.com



 
  Visit this listing here

Posted by Kibe Lucas on December 9th, 2014 4:31 PMLeave a Comment

Header
Header_2
Listings Photo
$165,000.00
3780 N PITTMAN Road

Wasilla, AK 99654



Beds: 3 Rooms: 0
Full Baths: 2 Sq. Ft.: 1988
Garage: 0 Built: 1982
 

Equity Opportunity! Great Log home situated on 2.25 acres with mountain views & privacy! This home offers 3 bedrooms, 2.5 bathrooms & just over 1900 sq. ft. making this home a great value. It also offers, newer heating system & appliances, walk out lower level with kitchen & possible Mother-in-law apartment. Other features include an extra large walk around deck, greenhouse and large shed for your toys.
This is a new listing that
I thought you might be
interested in. Visit this
listing online to see more
photos of the property,
Google? Earth satellite
images, and much more.
 

If you have any questions
about this property or
require more information,
please feel free to call.

Kibe Lucas
The Kibe Lucas Team - Keller Williams Realty Alaska Group
9073574663
www.kibelucas.com



 
  Visit this listing here

Posted by Kibe Lucas on December 9th, 2014 3:06 PMLeave a Comment

Header
Header_2
Listings Photo
$199,900.00
4524 S Big Lake Road

Big Lake, AK 99652



Beds: 0 Rooms: 0
Full Baths: 0 Sq. Ft.: 4800
Garage: 0 Built: 0
 

DON'T MISS THIS INCREDIBLE BIG LAKE OPPORTUNITY. Perfect for daycare, pre-school, assisted living, church, office, etc. Owner finance or lease purchase. Prop has a new roof, windows & doors, newer heating system, new vinyl siding, new commercial well & septic. Also available for lease,MLS# 12-14310. 4 acre adjacent lakefront lot avail MLS#13-29. Can be package deal for $375,000. Owner will remodel building to suit new buyer or sell as-is.
This is a new listing that
I thought you might be
interested in. Visit this
listing online to see more
photos of the property,
Google? Earth satellite
images, and much more.
 

If you have any questions
about this property or
require more information,
please feel free to call.

Kibe Lucas
The Kibe Lucas Team - Keller Williams Realty Alaska Group
9073574663
www.kibelucas.com



 
  Visit this listing here

Posted in:General
Posted by Kibe Lucas on December 9th, 2014 1:18 PMLeave a Comment

Archives:

My Favorite Blogs:

Sites That Link to This Blog: