Anna Buffkin
Capital Expenditure PSA
23 June 2018 | 1 reply
Always good for everyone to hear of these types of situations and to insure that when evaluating the deals, to understand a good reserve/LOC is required for just such instances.
Scott Harper
Elder Law question and real estate
18 July 2018 | 4 replies
*****I DONT THINK SO - MEDICAID Is going to ask where the house went - maybe they dont catch it right away but they will - *** family didnt appear to do any estate planning - they will need to spend that money on her careThe way I can put it if the family is wanting to get out of paying - and they think spending $3-6k or whatever amount is needed for her care is too much then they need to factor in 24/7 care at $12/hr + 15% for taxes, food, utilities, rent, insurance, outside upkeep, maintenance etc and add that up for a month and they will see what a bargain ALF can be
Account Closed
Live-in house flipping
24 June 2018 | 2 replies
Pretty sure you cannot write off utilities and insurance since it is your residence (you could if it were a true flip).
Jacob Holth
What are you essential analysis equations?
26 June 2018 | 10 replies
Most often taxes are based on an old selling price, insurance is out of date, etc. get your own numbers.
Jason R.
Charitable LLC and 1031 exchange
25 June 2018 | 3 replies
That tax savings is re-invested/distributed to charity and can be used to purchase a very large life insurance policy that serves as the mechanism to replace the wealth that you donated to charity.
Kelly Martinez
My Belated Hello to Bigger Pockets!
25 June 2018 | 4 replies
I am a licensed and bonded Public Insurance Adjuster as well as an experienced skip tracer.
Greg Wolfe
New investor looking for financing in New Orleans, FL, TX
23 June 2018 | 1 reply
Went to college for architecture and have worked in my professional life as a building inspector, insurance underwriter, and actuary, and I lived in a 2-fam and had two more 2-fams in my hometown of Buffalo, NY, and sold those when I got a job offer and moved to New Orleans, LA.
Joseph Watson
Anyone specializing in lease or rent to own? Or that a dead end n
26 June 2018 | 17 replies
There is a reason things like insurance and proper deal structure exists :)
Jimmy Solano
Need advice Look at my Deal
24 June 2018 | 4 replies
They are losing massive amounts of money monthly due to 13k worth of insurance and flood insurance annually.
Johannes Schunter
Master Condo Insurance for duplex with <51% owner occupancy
24 June 2018 | 3 replies
We both manage our own units, and just pay a master condo insurance for all exteriors/yard/fence together.