I’ve started this discussion before and can’t resist posting a similar discussion again on this topic. With so many knowledgeable real estate professionals here, I feel this is a good place to solicit feedback on this...
So my mom owns a home and is thinking about moving into a retirement home. We are wondering if we should rent out the house and move her into a retirement / assisted living home, or if we should sell the home, and ren...
A nice lady in her early 80's wants to rent a ranch-style apartment. She can afford it, and though there isn't any immediate family nearby she does have cousins and nieces and nephews that live close. She's sold her...
Hi BP,Can you refinance a primary residence that has been converted to a care home? Lenders have said they cannot help with refinancing because the care home is seen as a place of business. They suggest to get a comme...
Does anyone have any experience with senior shared housing? I have come across a company who focuses on one story ranches and customizes them to make them senior friendly and it sparked my interest. The rooms are rent...
How can I help these sellers? The parents owned the home which have since passed away. The parents left no will but the mother wanted the son to live in the home since he is mentally handicapped. The rest of the famil...
In Redding, CA where I moved from the fastest growing segment of the market are seniors. I have a 20 acre parcel, that is within 5 minutes of shopping, restaurants, etc. and 10 minutes to hospitals, etc. I currently h...
I have inherited a basic brick ranch 3/ 1 1/2 home in Arkansas after long probate. It is paid for but needs work before my Mom could live there. More work after she moves in to upgrade to sell. Doing a cost benefit an...
I've owned and been managing rental apartments for nearly two decades. Never was into renting age-restricted units. This year we're building several standalone rental cabins and have been trying to advertise to the ...
Good afternoon. Can someone suggest the best way to proceed under the following scenario? I'd like to make this deal happens if possible. I want to buy a house with an ARV of $240k. The property needs $32k in repa...