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Real Estate Tips

Investment Real Estate >Retirement and the Second Home

Buying a second home as rental property makes a great centerpiece to your retirement plan. It forces you to make regular savings in the form of mortgage payments that become your equity.

You only need cash for the down payment, and you should make sure that your monthly rental payments will cover the mortgage and any additional expenses. This is a real possibility if you buy the right house at the right price because a good single-family house should always stay rented. Your investment money is subject to less income tax, and the interest and property taxes may be deductible.

Housing has appreciated in value all over the country in recent years, making a second home an important hedge against inflation. Most experts predict that interest rates for fixed-rate and adjustable mortgages should remain in single digits for the foreseeable future, so it should be easy to acquire financing with a small down payment.

Call an agent with your real estate questions. They have helped hundreds of people to sell their homes and properties--and to purchase the home of their dreams.

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Real Estate Trivia

Q 
What is the world's most capacious building?

A 
The Boeing Company's main aircraft assembly plant in Everett, Washington, has been expanded to a capacity of 13.4 million cubic meters, or 473 million cubic feet.
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Team Boyd, REALTOR®, real estate agent and broker for Irvine, Aliso Viejo, Laguna Niguel, Mission Viejo and San Clemente, California home listings, property and land for sale - NUMBER1EXPERT

Team Boyd
Harcourts Prime Properties

27372 Aliso Creek Rd, 110
Aliso Viejo, CA 92656
Cell: 949-680-0249
goteamboyd@gmail.com

Team Boyd helps buyers find the right homes with the least amount of hassle by utilizing the latest in technology, and negotiates the lowest price using our experience as Certified Negotiators. Team Boyd helps seller's get the most money for their property in the least amount of time, while providing world class service and communication at all times.

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