All Forum Posts by: Diron Binns
Diron Binns has started 8 posts and replied 25 times.
Post: Would You Buy for Cashflow Only?

- Fort Lauderdale, FL
- Posts 25
- Votes 0
Im new to investing and want to buy a duplex in the Myrtle Beach area to capitalize on the snowbirds from Canada.
Any advice on if this is a good way to start investing?
Post: INVESTING IN ST PETE,FL. GOOD MOVE OR NOT? THOUGHTS

- Fort Lauderdale, FL
- Posts 25
- Votes 0
I live in Ft Lauderdale. Looking to invest in historic St Petersburg FL. Any info on the trend of downtown St Pete?
Post: How do I start building a multi unit townhouse and finding a lot

- Fort Lauderdale, FL
- Posts 25
- Votes 0
Austin area and want to build a home on my lot. Any help
Post: Lamplight Village buyer in Austin Tx

- Fort Lauderdale, FL
- Posts 25
- Votes 0
Post: Austin Property Mangement

- Fort Lauderdale, FL
- Posts 25
- Votes 0
Jason, Thanks. ill give here a call as well!
Post: 18 months of BP, and just aquired my 6th new property...

- Fort Lauderdale, FL
- Posts 25
- Votes 0
congrats! Your post weren't boring at all. I read them a couple times! I'm curious how you came up w the financing for the ones you paid for w money out of pocket for the second deal?
Congrats again. Waldo
Post: Govt medicare and property relinquish obligations

- Fort Lauderdale, FL
- Posts 25
- Votes 0
Hello. Hope all is well BP members, I have a grandmother who owes a home and has ran out of saving. She is in a nursing home and medicare is covering the cost minus her monthly govt income of about 1k which we pay to the nursing home. She is in the state of PA. Im inquiring what are the obligations that she need to follow in regard to her home? We are presently renting for 900 a month and the home is free and clear minus yearly insurance of 1600 a year and taxes which she gets back at the end of the year. I want to buy the home but my parents aren't sure if when sold, do we have to turn over the assets to the govt (medicare) or can we keep the money from the sale of the home.
im thinking, if we have to turn over the home, I can create an LLC and buy for say, 20K and rent out since the govt is going the money anyway or should we hold out and sell for the estimated value of about 70K and keep the funds in a account for my grandmother?
Post: Writing to vacant properties

- Fort Lauderdale, FL
- Posts 25
- Votes 0
Thanks all for the help! every post was awesome.