All Forum Posts by: Sean Kremer

You are not renting to the dog you are renting to the person needing the service animal for personal use. No you are not legally obligated to allow your tenant to have a service dog if they do not require it for their own personal disability needs.

Tell your tenant they may not have the dog and put a end to the issue.

It aint that way around here boss.......Have you tried doing this,because I have and it cost me thousands.....and believe me this gal did nothing more than get a mutt from a friend and decide she needed emotional support and her doctor wrote her a note saying that I was to allow this dog......As soon as i said no, I had liberals telling me that I was a monster......expensive lesson......now I have to work harder to avoid their rules......

0 Votes

Another good reason to use a small hometown bank........I call my loan dude, (which is one of the owners), and tell them my wishes and It gets done yesterday.

No need to go to committee or to the fraud center or whatever BS branch they want to send you too. Just get up and walk out to the counter and immediately fix whatever fraud was just perpetrated.

Stay away from big banks is my opinion on this. They don't care about you or your business well being. All they can do is add on fee' s

1 Vote

I have no time for Fluff or up-selling at all, so I avoid live seminars and get the info into my hands and figure it out myself.

I once attended a free Kiosaki seminar on buying in the stock market........then they asked us all to play Roberts stock market board game to aquaint us on the basics...(and to sell a board game...), I walked out right then and there......

I ain't playing games........I'm here to make money.

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i do

1 Vote

Originally posted by @Jay Hinrichs:

@Sean Kremer its one of the reason for my success the last 5 years.. my bank backed me all the other builders or developers who handed in the keys are out there borrowing hard money.. I borrow money at 5 to 6% on drawn funds.. my competition in the Portlandia market was paying 12 its gone down to about 10.. but on 300 to 500k a loans that's a significant number and increase to the bottom line for the exact same product..

My one bank who stuck with me also has given me two horizontal loans.. STreet sewer water etc. and in our market here those are super hard to get.. this again has given us the ability to buy dirt and create our own inventory instead of competing for spot lots on the open market..

But again sometimes if it gets so bad like 08 to 2010 some folks simply had no choice they did not have the means to cure and BK was the only option or walking away..

Also lets keep this in context I am just a one man small builder.. we will do 30 to 35 homes this year.

in a market like SOCAL that is a hobby LOL..

08 stung for me too.......I got real lucky and was low on inventory, but now I have a few real nice homes that were intended for sale in 08 that are making damn good returns now for me as rentals. 08 was scary.

My wife and I are getting ready to break ground on a pair of 11 home culdesacs in our little town here.

Sounds like you and I are not doing too bad as 'one man small builders'.............:)

Not only that but it is real nice to be able to call ones banker at odd hours of the morning for bail money.. :) You can't do that if you don't pay all your bills on time.

1 Vote

Originally posted by @Jay Hinrichs:

@Andrew Johnson just to set the record straight I lost about 5 million in cash and equity from 08 to 2011.. that is a fact.. now the good news is.. the way I did my tax's I could go back 5 years and get almost all of my tax money back .. so from 2008 to 2012 ish I paid no tax on income as I climbed back out.. and I was getting 6 figures refunds from uncle same LOL.. but I would have preferred not to get Hammered like I did.. but the thing I am most proud of.. Is EVERY vendor Every lender Every bank got 100% paid and I even had to bail out two builders that went bust o on me and I had to step in to protect my good name.

It was not pleansant and loss's were in all asset class's..

As far as I'm concerned this post explains one of the most important aspects of running a successful business and making folding money.

"EVERY vendor Every lender Every bank got 100% paid and I even had to bail out two builders that went bust o on me and I had to step in to protect my good name."

Do what you say you will do, no matter how painfull it becomes. DO NOT throw the people that help you in business under the bus when times get tight.

At the end of the day all we really own that is all ours is our reputation and word of honor. Our good name.

4 Votes

Originally posted by @Account Closed:

I’ve been waiting for Mila Kunis to call me for a decade...

Remember, indecision is still a decision; no move is still a move.

You are wasting your time Kris.........she's going to call me before she calls you....:)

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yes

2 Votes

Yes.....Yes it is for idiots............

Idiots that don't mind hard work

Idiots that want to be free from bosses

Idiots that like to work on Sundays so they can go to the lake on Wednesdays and have it to themselves. This goes for anything to do with weekend crowds.

Idiots that like to retire early in life as millionaires.

Don't take my word for it, I'm an idiot........Go ask someone who's owned real estate for a while. They may also tell you its for idiots as they load their car with clubs to go golfing on a sunny Monday mid-morning. Sure they may have a few things that have to be done after golf..........unless something more fun shows itself.

Just Kidding :)

Not really ...

4 Votes

All Forum Posts by: Sean Kremer

Sean Kremer has started 3 posts and replied 195 times.

Post: NO Pets Policy Scenario- tenant has a doctors note to have a dog. Other tenant gives doctors note of severe pet alergies. who wins?

Post: Can I reject a tenant with a service dog in FL?

Post: Tenant has withdrawn money from my account instead of depositing

Post: Acts program and Ron Legrand

Post: Who still owns there very first property they bought

Post: MILLIONAIRE Mindset Vs. None-MILLIONAIRE Mindset

Post: MILLIONAIRE Mindset Vs. None-MILLIONAIRE Mindset

Post: I want to wait for the next buying opportunity

Post: can you come up with $400 in an emergency

Post: Is Buying a home for idiots?