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Updated almost 8 years ago on . Most recent reply

Tony Hightower's profile image
Tony Hightower's profile image
Tony Hightower
  • Rental Property Investor
  • from Clarksville, Tenn
  • Member since Apr 1, 2017
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Tony Hightower's profile image
Tony Hightower's profile image
Tony Hightower
  • Rental Property Investor
  • from Clarksville, Tenn
  • Member since Apr 1, 2017
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Tony Hightower
  • Rental Property Investor
  • Clarksville, Tenn
34
Votes |
72
Posts
Starting Out

My first Investment?

Tony Hightower
  • Rental Property Investor
  • Clarksville, Tenn
Posted

I have opportunity to purchase a SFR 3bd, 1.5ba. Currently rented and under PM for $730. Fairly new appliances. LESS THAN month old ROOF AND HVAC. Price is $67,600. Value of $82,000. Annual property tax $850. Tenant pays utilities.

I feel ok about it as first deal. Just need to start somewhere, right?

Any other pertinents i should need to evaluate?

Thanks for great community!!

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Kyle Mccaw's profile image
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Kyle Mccaw
  • Property Manager
  • from Keller, TX
  • Member since Feb 6, 2011
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Kyle Mccaw's profile image
Kyle Mccaw's profile image
Kyle Mccaw
  • Property Manager
  • from Keller, TX
  • Member since Feb 6, 2011
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Kyle Mccaw
  • Property Manager
  • Keller, TX
950
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1,151
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Kyle Mccaw
  • Property Manager
  • Keller, TX
Replied

Be sure to confirm the tenants have been paying rent and taking care of the property.

Interview the property manager.

  • Kyle Mccaw
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McCaw Property Management
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663 Reviews

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