(Remember, a loan is not a taxable event.)Given that mortgage rates are also close to 7% this won't boost your cash on cash returns much, but a higher percentage of your free cashflow will be tax sheltered, potentially all of it. 

So while 50k is probably enough to get you started in real estate, it is nowhere close to being capable of generating that kind of reliable income without serious growth.  

We did the cognac in another rehab project, and it looks really rich and pretty.Both HD and Lowes offer their cabs at 20% off serval times throughout the year, so check for the sale. 

Palm Beach Real Estate: A Closer Look at June 2024Single Family Homes: A Dynamic MarketClosed Sales: Palm Beach experienced 1,269 closed sales of single-family homes in June 2024, an 11.13% drop from June 2023's 1,428 sales.

A Closer Look to Broward Single Family HomesClosed Sales: In June 2024, Broward County witnessed 1,138 closed sales of single-family homes, reflecting a 9.4% drop from 1,256 sales in June 2023.

A Closer Look to Miami Single Family Homes in Miami DadeClosed Sales: In June 2024, Miami had 966 closed sales of single-family homes, just a bit lower than the 1,004 sales in June 2023.

I am the first to catch word of retiring landlord with 150 dirt cheap off market properties in a small town close to me. 

Close the deal with a real estate attorney, ensuring all paperwork is in order and maintaining transparency about the property's condition.Good luck!

Does anyone know how I could get a list of estate sales or probate properties?

.- Contract Details and Terms: Carefully review the sales contract, including all terms and conditions.