Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Armando Vasquez

Armando Vasquez has started 5 posts and replied 8 times.

Post: San Antonio Investor special/ Fixer Upper

Armando VasquezPosted
  • Investor
  • Lufkin, TX
  • Posts 8
  • Votes 0

1419 W Travis- Two houses on one lot for a total of 6 br/ 3 bath (2371 sqft). Lot- 5662 sqft

ARV- 94k/ Asking- 39k/ Estimated repairs- 30k. Feel free to contact me if you are interested in this property.

210 587 5017

[email protected]

Post: San Antonio fixer upper

Armando VasquezPosted
  • Investor
  • Lufkin, TX
  • Posts 8
  • Votes 0

This 1/1 is 448 sqft and sits on a 5,000 sqft lot. Located less than two miles from an elementary, middle, and high school. New windows, roof, cabinets, siding, foundation, and electric wiring. New floors are paid for with receipt (Atlas Floors) just waiting to be installed when buyer decides. Minimal work is needed in kitchen and bathroom. 

ARV: $45,000/ Asking $23,000

210 587 5017           [email protected]

Armando Vasquez

Post: San Antonio fixer uppers

Armando VasquezPosted
  • Investor
  • Lufkin, TX
  • Posts 8
  • Votes 0

Two houses on the same lot (1604 W Salinas & 317 N Colorado). Vacant for many years and need repairs. ARV: 1604 salinas- $55,000/ 317 N Colorado- $32,000. Asking $28,000 for both.
210-587-5017    [email protected]

Post: Medicaid

Armando VasquezPosted
  • Investor
  • Lufkin, TX
  • Posts 8
  • Votes 0
Sean Becker I had planned on wholesaling it but working on terms with her is what I may end up having to do. I'm in the process of trying to get ahold of a caseworker to see what our options might be.

Post: Medicaid

Armando VasquezPosted
  • Investor
  • Lufkin, TX
  • Posts 8
  • Votes 0
Char Prado John P. Cameron Adams Thank you for the advice.

Post: Medicaid

Armando VasquezPosted
  • Investor
  • Lufkin, TX
  • Posts 8
  • Votes 0
Originally posted by @Nat C.:
Why would it disqualify her for Medicaid? It's disposing of her primary residence and she won't pay any taxes or have her benefits affected

I don't know much about it but I just thought if you get help from Medicaid to pay for the nursing home, the state attempts to recoup from your estate whatever benefits it paid for your care. I read that if you sell your house at fair market value, it may make you ineligible for Medicaid and you may have to apply the proceeds of the sale to your nursing home bill.

Post: Medicaid

Armando VasquezPosted
  • Investor
  • Lufkin, TX
  • Posts 8
  • Votes 0

I had a seller that contacted me from my direct mail postcard wanting to sell her house because she didn't know what to do with it now that she is in a nursing home. Her only concern is not being able to get Medicaid if she sells it to me. The house has been vacant for 6 months while she has been in the nursing home and she is only asking 20k for it (ARV 55K). I don't want to leave her in a tough spot in the future if I buy it. Any suggestions?

Post: San Antonio Investor special/ fixer upper

Armando VasquezPosted
  • Investor
  • Lufkin, TX
  • Posts 8
  • Votes 0

I have two properties under contract and I am looking to add to my cash buyers list. The properties are on the same lot so I have them under contract together. The house in the front is a 3br/ 1 bath (1071 sqft) and the house in the back is a 2 br/ 1 bath (705 sqft). The combined ARV of the two houses is $88,170 and I am asking $36,000. The properties have been vacant for years and I estimated the repairs to be about $25,000. If you are interested in these properties or others please call me (210)587-5017 [email protected]