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

Hampton University partners with Sentara to provide free vaccines to some peninsula seniors

HAMPTON, Va. (WAVY) -- Hampton University leaders with the School of Nursing partnered with Sentara […]

Newport News Shipbuilding awarded $2.2B contract to help build first Columbia-class ballistic missile submarines

NEWPORT NEWS, Va. (WAVY) -- Newport News Shipbuilding has been granted a $2.2-billion contract modif […]

MacArthur Memorial hosts virtual event for New York Times bestselling author

NORFOLK, Va. (WAVY) -- Leaders with MacArthur Memorial announced their plans to virtually host a New […]

Police looking for two suspects possibly related to Speedway armed robbery

PORTSMOUTH, Va. (WAVY) -- Detectives in Portsmouth are looking for two men they say threatened clerk […]

2 students test positive for COVID-19 during VCU exit testing for Thanksgiving break

During exit testing at Virginia Commonwealth University, two students tested positive for coronaviru […]

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