What is it ? Where should it be used ? See below for the reasoning The Details :My mother lives in Florida . The wife and I* have moved in with her as her care givers But she has severe Alsheimer / Dementia Stage 5 s...
Hi,I am not a real estate investor and the extent of my real estate experience is owning my own primary residence for which I have a mortgage. I have a unique situation where a long time family friend inherited a sin...
My parents have made a will leaving me their home. They're in relatively good health, however, I've read horror stories of families losing homes to medicare. So, I asked them to meet with a lawyer, thinking a living...
I have been a full time investor in Richmond Va for a few years now. Although a lurker on Bigger Pockets I have never really contributed to this investor community. I am making an effort to change and contribute :)...
Good afternoon BP members. I have a situation that I hope you will be able to help me with. My mother has been in a nursing home for over four years. During this time, her home has sat vacant. The property is in a lif...
Hey everyone,I have the opportunity to put a property under contract but the seller’s mom and family friend are on the deed. The mom of the seller is in a nursing home while the sellers family friend is deceased. The ...
I went to see a property that the son of the owner wants to sell. The owner is his mother and the children are preparing to place her in a nursing home. Once they admit her, the nursing home will take control of the m...
My primary residence is a mother/daughter setup and I'm just about finished renovating the small "mother" section which is essentially a studio apartment with a private entrance, bathroom, and kitchen. We are going t...
Years ago I was put on the deed to my mothers home while I was living in it. It was 50% each, tenants in common. My sister came in the picture and she was put on the deed. It was me 50%, mom and sister each 25%. In a ...
My wife and I have just bought our 8th door and we use the Brrrr strategy. We have always went for the 30 year fixed because our goal is CF and we plan to hold for a long time. I am only a nurse and my wife is a stay ...