Crowdfunding Real Estate?

Kickstarter and GoFundMe have made huge waves and created a new road for projects to take to get funded. A lot of bright individuals have had the idea to create similar sites for investments. Real Estate has been a natural target market for this because the large dollar sums and lack of liquidity in many private real estate investments has made it hard for mass affluent investors to access this asset class while still maintaining liquidity and diversifying their portfolio. Learn more:

Financial Engineering for Small Businesses?

Large companies continually change the composition of their balance sheets to use their capital as efficiently as possible and to maximize their profitability. While small business owners can’t issue billion dollar bonds at 2% interest, there are a few things that small businesses can structure their assets. Read more:

Reverse Mortgages for Retirees – Boon or Bane?

It’s a commonly quoted statistic that nearly half of American families have no retirement savings. For many people facing retirement, their homes may be the only asset they have to help fund their post career living expenses. Over the last few years there have been a lot of stories about reverse mortgages where retirees sell their homes to the bank in exchange for cash or income over the course of their life. There are several ways the homeowners can be paid out – a lump sum, a monthly annuity, or a line of credit.

Are these a good deal? They may be advantageous from an ease of acquisition, interest rate and from a planning perspective when compared with a home equity loan or a home equity line of credit against the homeowner’s house for an elderly individual with no income other than social security. They can be a good deal in a few situations – namely under very specific circumstances, if someone remains in their life for longer than their life expectancy, then they may be able to “beat” the bank, however this is a very rare occurrence. When distributed, the income or advances are generally not treated as taxable income, although they may be treated as assets against Medicare eligibility. Learn more…

Virginia Beach

Welcome to our web site where we bring you news, financial info and weather updates for Virginia Beach. Along the way we will give you some interesting reads on other topics as well.

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Virginia Beach News

PHOTOS: Hundreds gather across Hampton Roads to protest death of George Floyd

HAMPTON ROADS, Va. (WAVY) — Hundreds have gathered across Hampton Roads to protest the death of Geor […]

PHOTOS: Virginia Beach Heartbreak Through the Lens

VIRGINIA BEACH, Va. (WAVY) — It was just over a week ago since a city employee brought down what may […]

Minneapolis overwhelmed again by protests over Floyd death

MINNEAPOLIS (AP) — Fires burned unchecked and thousands protesting the police killing of George Floy […]

Bus destroyed during protests in Richmond, Saturday service delayed

RICHMOND, Va. (WRIC) – GRTC says one of its buses is a total loss after being set on fire during pro […]

About 100 people gather in Downtown Lynchburg to protest George Floyd’s death

LYNCHBURG, Va. (WFXR) — About 100 people gathered in front of the Lynchburg Community Market Saturda […]

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