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All Forum Posts by: Tony Hightower

Tony Hightower has started 9 posts and replied 72 times.

Post: My first Investment?

Tony Hightower
Posted
  • Rental Property Investor
  • Clarksville, Tenn
  • Posts 72
  • Votes 34

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!!

Post: 401k payback vs cashflow

Tony Hightower
Posted
  • Rental Property Investor
  • Clarksville, Tenn
  • Posts 72
  • Votes 34

I would do it. I meant to say "I am doing this same thing!" Making the offer tomorrow and have already completed the 401k transaction. I will have about the same on net cashflow.