Brought to you by the Every Dollar app. Start budgeting for free today.

Hey, I have a question about a real estate deal that I did with one of my friends.

Okay.

All right, so I gave him $9,000 back in September, and then as of he was supposed to sell the house. It was part of a down payment for a house

that he bought. And he was supposed to pay me back by January, or he gave him $8,000 in September. He was

supposed to give me $14,000 back in January. Mm-hmm.

And then he showed me a picture of the bank account with all of the money.

Then I gave him $1,000 more, and he bought another house.

He did a 1035 exchange to another house.

Mm-hmm. And, um, and then he was supposed to pay me back, I think, 25K plus some extra for the taxes.

And that was supposed to be due in April.

He's given me $2,500 back out of the right now, as of now, he owes me $29,500. I have it all in

contract and in writing, and today's the date. I actually made a new contract last month

and said that he owes me this whole amount, 29,500 by August 5th, which is today.

And if he doesn't pay me back that, then he has to pay for all the court fees,

attorney fees, and $1,000 extra per month in interest.

Okay.

Why is he not paid you? I don't know.

I mean, he told you.

No, he said it, he always says that it's going to sell.

Oh, the house hasn't sold.

So he doesn't have any money.

...