What is a Good Real Estate Investment?

February 6, 2012 by themathercompany
Filed under Blog, Buyers, Columbia Real Estate, General Real Estate Information, Local Real Estate Information, South Carolina Real Estate

Leave a Comment

A “good real estate investment” can mean different things to different people. For this article, the definition of a good real estate investment is:

A real estate ownership interest, whether a personal residence or rental property, that increases one’s net wealth by a fair rate of return on their invested cash equity; for the corresponding amount of risk they are taking by owning a relatively high risk asset.

What that means is that if you are going to put your invested cash equity into real estate, your net worth should improve by a greater amount than if you invested in a similarly risky asset. Read more

Tags: appreciation, asset, buildings, buyer, buying, Columbia, costs, down payment, equity, expenses, finance, housing, housing market, income, investing, investment, investor, net worth, ownership, owning, personal finance, property, property management, purchasing, real estate, rehab, renovation, rental, rental property, renting, residence, returns, risks, SC, South Carolina, value, wealth

Boomers More Willing to Help Kids With Down Payments

December 26, 2011 by themathercompany
Filed under Blog, Buyers, General Real Estate Information

Leave a Comment

Two-thirds of baby boomers say they want to help their children or grandchildren with a home down payment, according to a study of more than 1,000 baby boomers age 45 and up conducted by Meredith Research Solutions for Better Homes and Gardens Real Estate.

In fact, one in five boomers surveyed say they’ve already loaned their children money, cosigned a mortgage, or given a cash gift for a down payment on a home.

Even baby boomers not considered wealthy are willing to offer help on down payments. While baby boomers who make more than $75,000 a year were found to be the most willing to offer help, 46 percent of baby boomers who make less than $75,000 per year say they also plan to help their child with a future home purchase, according to the survey. Read more

Tags: american dream, baby boomers, bank, buyers, buying, closing costs, Columbia, cosignor, down payment, family, finance, financing, first time buyer, gift taxes, home loans, homeownership, housing, interest rates, intrafamily loans, investment, loans, money, mortgage, owning, parents, profit, real estate, relatives, returns, SC, South Carolina