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25 June 2018 | 9 replies
It sounds like you have a niche picked out that you'd like to pursue.
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11 July 2018 | 72 replies
I picked up a 2nd job but will looking for an even better one.
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23 June 2018 | 10 replies
I just feel overwhelmed with picking the correct path and right direction to head.
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28 June 2018 | 5 replies
Where is a good place to start looking for multifamily short sales? Or would you suggest and REO?Darrell
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1 December 2018 | 5 replies
Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bpThe second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.
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24 June 2018 | 2 replies
Think we may be able to argue abandonment of personal property like you said and give them 30 days to pick up their stuff from a storage unit or it will be taken to the dump.
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23 June 2018 | 1 reply
Also keep in mind that a good GC has a connection of sub contractors that they trust, so it saves you time getting multiple bids for everything and hoping you picked the right ones.
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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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24 June 2018 | 8 replies
I will not be using a property manager for this property, so I'm looking for alternatives to picking up the cash in person.
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24 June 2018 | 3 replies
We thought a simple transfer of the down payment to me or the business would work but it appears it would incur a gift tax.