Tag: real estate
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A Good Man Leaves an Inheritance for His Grandchildren
Personal hard work and diligence are necessary parts of building wealth and keeping it. However, the wisest earthly king that ever lived understood and taught the importance of leaving a legacy of wealth to future generations. That’s why he wrote in Proverbs 13:22: “A good man leaves an inheritance to his grandchildren.” Implications of Proverbs…
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Can 3% Down Boost Lending?
Where have all the homebuyers gone? In spite of gains since the housing crash of 2008, fewer mortgage applications are being approved – and the percentage of Americans who own homes has shrunk to its lowest levels in over two decades. That’s why federal entities including mortgage giants Fannie Mae and Freddie Mac are making…
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New App Pays Your Rent – But Convenience Costs
It’s a digital age – and more and more transactions are going completely cashless. But while businesses, services and online retailers happily accept e-transfers, cards and automatic payments, small-scale real estate investors may still be stuck with collecting paper rent checks – or cash – from tenants. That amounts to very nearly a clash of…
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Home Buying Drop Means Investor Opportunities
Housing is a universal need, ranking right up there with food. That makes houses a truly lasting commodity – one that, as King Solomon tells us in Proverbs, is linked to wisdom. US home buying is falling to near record levels, and that apparent downturn has a silver lining for investors building wealth from income…
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RV Ratio: Key to Prudent Investing
If you want to live well and prosper, King Solomon says, it’s important to “incline thy heart to know prudence.” (Proverbs 2:2) And if you want to prosper in real estate, it’s prudent to look behind the scenes at what seems like a good deal. Figuring out a property’s RV (Rent to Value) ratio is…
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Investing Can Keep the Golden Years Golden
The golden years of retirement are the crown of a prosperous life, as king Solomon tells us, but for many Americans, uncertainties about finances and the future are tarnishing the luster of those hoped for years of security and comfort. When, how and even whether to retire at all are now questions that don’t have…
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Housing Obsolescence Stops Buyers – and Renters
Real estate is the most stable, sheltered investment you can make – and King Solomon says so too, as he points out the value of houses in his many comparisons between houses and wisdom. But not all houses are equally valuable, and obsolete houses that buyers – and renters – don’t want may be putting…
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Will Lower Credit Standards Boost Borrowing?
King Solomon’s Proverbs remind us that smart investing means putting plans in place for a long term yield, just like the prudent ant in Proverbs 6:6-8, “which provideth her meat for herself in the summer, and gathereth her food for the harvest.” That’s sound advice for buying real estate, where a property bought now under…
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Rates Are Low, But So Are Mortgages
Where have all the homebuyers gone? King Solomon’s timeless advice on money management reminds us to rely on prudence and discernment for living a long and prosperous life. But when it comes to making one of the most prudent steps toward prosperity – buying real estate – a growing number of people aren’t taking the…
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Young Adults Beat Out Baby Boomers
The much discussed and much dissected “baby boom” generation has finally been dethroned. According to new stats from the US Census Bureau, a new age group has overtaken those post World War II babies as the most populous in the country. And for investors taking King Solomon’s advice to act wisely, this group of twentysomethings…