You would be entitled to all the ordinary and necessary expenditures related to the rental, such as repairs, insurance, property taxes, maintenance, etc.

In this market with so many preforeclosure and foreclosures, it should be relatively easy to pick something up that will cash flow.

Shouldn't it have gone to his estate, then have been given to a relative, or at least a trust when he died?

They have been on the mkt at this price for well over a yr.If the sign out front reads foreclosure (and the relator continually says "make an offer - nobody is 'biting'") is that my green light to make a 'silly' offer?

I found a nice cheap place relative to comps in the area, but it needs a lot of work (maybe $50,000).

(it was basically stolen from us.. we had filed for bankruptcy, paid our lawyer to file for homestead so we could keep the house which we had no problem paying for, and the lawyer failed to file the paperwork in the right order, thus there was an objection from the trustee and we lost the house).

AS I am reading this, i'm relating it back to my industry.

The forums that seem to have the most activity are:•SEO•Google-Yahoo-Search Engines•Linking•Getting Attention to Blogs•Marketing Ideas•Website design and Dev•Social NetworkingAll are great areas to pay attention to, but the single most important piece of the puzzle that I think is being overlooked is MOBILE.Here are some of the leading objections I hear from real estate agents, brokers and industry pros:•I use my phone for phone calls not to text chat•I only use text messaging to communicate with friends and family•I have a client that uses it all the time and I hate it.

Originally posted by Dan O'connor:Dave, Is your site real estate related?

The main objective to investing is to have your money working for you, right.