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18 July 2018 | 4 replies
If she went to Assisted Living - I can help you but it's only KS Specific - each state is different but I'm guessing some of the guidelines carry across states in regards to how she will pay for the ALF and eligibility for Medicaid and Home and Community Based Services (which is a medicaid program that would help pay for ALF)Anyways in KS - in for someone to qualify for HCBS/Medicaid to help pay for their care either in the home or assisted living - you need to have less than $2k in assets - and consistently less than $2k in the bank - there is also something called a 5 year lookback period - I do not 100% understand how the lookback period works but will soon enough.So - as far as the assets are concerned - if your friends mother has the house and any savings there is no way the govt will be paying for most of her stay in ALF - and I also think it would be difficult to house her in an ALF facility for $3k per month - can be done but tough - Due to no estate planning the family needs to decide on what they are going to do - they will either need to sell the house now and just pay her money down at the private pay rate in a facility until she "runs out of money" then apply for Medicaid and go from there or see if the strategy of renting the house with her present income will be enough to cover the facility she's staying at.Individually the systems are simple however there are so many moving parts to Medicaid HCBS I've discovered in my time as owner of a facility I can 100% understand the families frustrations.
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23 June 2018 | 0 replies
hello,I am currently sitting in the 3 day real estate workshop with Doug Clark on day two of of selling us into buying into their expensive program.I spent the last hour reading everyone’s past questions and opinions regarding this real estate guru course and trying to decide if I should buy into it.
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26 June 2018 | 2 replies
I've decided to start looking at the Indianapolis market.
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25 June 2018 | 4 replies
I never decided what to do with him and they all went to investors that he was familiar with, the title company that he used, the attorney that was his friend and I never even met a buyer.
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5 July 2018 | 10 replies
Luckily, they have a great inspection with no findings.Though not optimal, I decided not to pursue my $50 late fee and the whole issue with my renters breaking the lease by using their deposit as the last month's rent.I'm curious if you all know of a more functional approach to this whole last month's rent and deposit thing.
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25 June 2018 | 6 replies
QuickBooks desktop version is a one time fee until you decide to upgrade.
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29 June 2018 | 31 replies
The past year said properties have finally broke to a point they are making money again or breaking even, so i decided to get out with them in fear of the same thing happening again, thus why i feel like the values of houses have climbed to high again.
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29 June 2018 | 7 replies
Hello All, I have been off this board for a while, i been out of investing for a little over 2 years for various reasons (career changes, and divorce) and i feel like i am in a good place financially to invest again, so i wanted to get some opinions.4 years ago i got out of the Military and became a Realtor, i worked as a Realtor for a while, but i never really made decent money and worked my butt off, i barely managed 25k/yr, so i decided to make a change to my life and went back to school and now i am a Registered Nurse after going through a fast track education program.
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1 July 2018 | 2 replies
At that point, you can decide to work together or that it might not benefit either of you to continue.
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28 August 2018 | 3 replies
They were asking more, but decided to let ot go for less.