Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
Followed Discussions Followed Categories Followed People Followed Locations
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Tony Gunter

Tony Gunter has started 42 posts and replied 632 times.

Post: Real estate agent question

Tony GunterPosted
  • Investor
  • Canton, GA
  • Posts 727
  • Votes 500

@Chris Mason

IMHO it’s a loosing proposition for most, not all, agents to mess with most “investors”.

Think about it. A client that is going to want a ton of information and then wants you to write a hundred low ball offers that won’t be accepted. That’s investors in a nutshell.

Sign me up, not!

Post: Tennants and plumbing issues

Tony GunterPosted
  • Investor
  • Canton, GA
  • Posts 727
  • Votes 500

@Lavonn Traylor

This issue is covered in my lease.

Work backwards going upstream to find the perpetrator, get the documentation (preparing/expecting this to turn into an eviction) and hand them the bill. Step clear and see what happens. The tenant will let you know the next step you’ll need to take.

Sorry for your troubles.

Post: Evicting for discharge of firearm in the house

Tony GunterPosted
  • Investor
  • Canton, GA
  • Posts 727
  • Votes 500

@Jason C.

Texas issues firearms at the border when you arrive, in case you left yours at home.

Second amendment case in Texas, even though it’s Austin... guess how that would turn out.

No charges were filed, so one can assume no laws were broken, move along IMHO.

Don’t go looking for additional stomach acid, because you’ll find it. Let it ride and just keep an ear to the ground.

Post: Belligerent tenant won't pay increase or vacate

Tony GunterPosted
  • Investor
  • Canton, GA
  • Posts 727
  • Votes 500

@Judy P.

Suck it up buttercup.

This is the ugly side of what you signed on for. Just pay an attorney to process the eviction so you don’t incur the stress too. I would not stop the process until/unless he is out. This guy is like a deep stain, you will see it again with time.

Sorry for your misfortune.

@Svetlana Ivanova

If your trying to save money, save money.

However, be aware that dropping medical insurance means your probably one serious illness away from a devastating financial crisis. Illness doesn’t call and set up a convenient appointment to visit. Everything is great, until it isn’t. Sorry, IMHO medical insurance is not optional. Cancer put me through the financial wringer before, and I had insurance. I was 35 and very healthy when I got the diagnosis. Don’t ever think it can’t happen to you too.

Post: Would you do a BRRRR on your first investment?

Tony GunterPosted
  • Investor
  • Canton, GA
  • Posts 727
  • Votes 500

@Kris Marmol

Sure, why not? It’s just another exit option.

My first non-house hack was a BRRRR.

Post: The 70% ARV Rule - Do You Follow?

Tony GunterPosted
  • Investor
  • Canton, GA
  • Posts 727
  • Votes 500

@Chadd Brandon

Yes, but both as a sort of "first look barometer" and a keystone of the deal. The thing is this is the one item of the three (PP, Rehab$, ARV) that you potentially have the most control over. It's a go/no go proposition to buy or not. So in that regard this number is foundational. After you own it your sort of on the open ocean with regard to what the rehab really ends up being or what the ARV at sale/refi will be. The point has become moot as they say.

The biggest danger is the human in us that may allow yourself to convince to go against the real numbers on the ARV and rehab cost. Self-discipline or another opinion helps that.

@Alexandra Hughes

As long as the applicator is following label directions your fine. The reality is that until the EPA and or State Agencies (they are involved as well) license the product for use as labeled, your good. Plus you have another layer of protection because they are applying, not you.

IMHO tenants have no say how I maintain my property, as long as it’s done within the limits of the law.

Post: BRRR CoC Return Ideal

Tony GunterPosted
  • Investor
  • Canton, GA
  • Posts 727
  • Votes 500

@Amy H.

My goal is to have ever last penny I spent on purchase,rehab etc. back in my hand at the close of the refi. That puts it at an infinite return. Not easy, but can still be done.

Post: How to stay focused

Tony GunterPosted
  • Investor
  • Canton, GA
  • Posts 727
  • Votes 500

@Markia Dunn

Adderall