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All Forum Posts by: Tony Gunter

Tony Gunter has started 42 posts and replied 632 times.

This just reinforced my "deposition mode" mentality with tenants. Wow! Don't say anything extra or not required. Here's your fridge, period.

Post: Owner Financing - Is interest a good idea?

Tony GunterPosted
  • Investor
  • Canton, GA
  • Posts 727
  • Votes 500
If your lending money for free let me know. I would love to get in on that action. Bad idea to try manipulate the price on an owner financed deal IMHO. When a property is appraised it is appraised independently of any financing considerations, even if being bought with cash. Maybe not be likely, but it could potentially come back to bite you later if the buyer gets sideways and talk with a lawyer. I am not a lawyer, nor giving legal advice, but you might be placing a foot into the zone of predatory practices. I would go for the interest personally as I like to put my money to work. To my understanding you still want to follow Dodd/Frank guidelines to be safe as the seller/owner finance in the deal.

Post: Gas bill needs to shrink now!

Tony GunterPosted
  • Investor
  • Canton, GA
  • Posts 727
  • Votes 500
Are you sure they did not hook up to the neighbors or something for some cash? That seems very, very high for June. What will it be in January, $4,000.00? Something is not right here.

Post: 50% of the house for sale! What's there for an investor?

Tony GunterPosted
  • Investor
  • Canton, GA
  • Posts 727
  • Votes 500
Run Forest, runnnnnnn.

Post: Seller refuses to work with realtors

Tony GunterPosted
  • Investor
  • Canton, GA
  • Posts 727
  • Votes 500
Your biggest problem is your own opening statement. "I fell in love with a ..." First rule of REÍ, it is just a property.
If your an investor you don't pay retail, period. I would move on myself. More fish in the sea.

Post: non-refundable processing fee

Tony GunterPosted
  • Investor
  • Canton, GA
  • Posts 727
  • Votes 500
IMHO If it is not paying for a third party service such as an appraisal or an inspection etc., it should be paid for at the closing, period. The deal doesn't close, nothing to be paid for. Your not paying for an application, your paying to close the deal on you funding. I would be inclined to tell them to step off myself.

Post: What is your WHY ?!?!?

Tony GunterPosted
  • Investor
  • Canton, GA
  • Posts 727
  • Votes 500
One word... Independence I would also like to leave that option to my son as well.

Post: Turnkey question - is there real value?? (Math inside)

Tony GunterPosted
  • Investor
  • Canton, GA
  • Posts 727
  • Votes 500
Of course there is real value in turnkey properties ... for the turnkey provider. I don't see how it could be anything other than a marginal investment myself. Your not getting the real benefit of buying the property below market value, the turnkey provider is though. Just my opinion.

Post: Anyone out there specializing in under 30k properties?

Tony GunterPosted
  • Investor
  • Canton, GA
  • Posts 727
  • Votes 500
How frustrating. The app will not allow me to scroll to the end of the thread without crashing before I get there. Joshua Dorkin Josh, any way there could be a "jump to end of thread" option added? It is especially an issue on these long sustained threads. Thanks.