Low TAX Memphis investment

[James Wachob]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $145,000

GREAT LOCATION! COUNTY ONLY TAXES! This 3 bed 2 bath property produces BIG CASHFLOW and the values have skyrocketed since my purchase in 2020.

What made you interested in investing in this type of deal?

I knew that I would be able to find a great resident who would sign a long-term lease.

How did you find this deal and how did you negotiate it?

I purchased this from another investor.

How did you finance this deal?

Cash.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I am a real estate broker and owner of a Memphis property management company. If you would like to build a passive income in Memphis, TN I would love to be your "boots on the ground"