All Forum Posts by: Sean Kuhn
Sean Kuhn has started 28 posts and replied 337 times.
Post: Tenant wants to put up a Fence - SFR

- Minooka, IL
- Posts 353
- Votes 85
Absolutely not. When they're gone you're still stuck maintaining it. I don't let my tenants alter anything in any of my rentals.
Post: Tenant Arbitrarily Paying Reduced Rent Per Claims of Excessive Electric Bills

- Minooka, IL
- Posts 353
- Votes 85
In the future don't tell future tenants that their electric bill is carrying both units.
Post: Tree Removal (Getting paid by selling)

- Minooka, IL
- Posts 353
- Votes 85
And that bonide is a gimmick
Post: Tree Removal (Getting paid by selling)

- Minooka, IL
- Posts 353
- Votes 85
Let the guy fall it and grind it for 1950 and move on with your life. Its a junk tree and that's a great price. You need an industrial stump grinder for that big of a stump, not a dinky thing from home depot. It costs 300 a day just to rent the industrial one around here. 300 to grind that is not a bad price at all. I do this for a living.
Post: What hobbies or activities did you give up when you discovered real estate investing?

- Minooka, IL
- Posts 353
- Votes 85
I gave up working a regular job lol but seriously, real esate is my hobby, my job and my passion. I suppose I gave up going out drinking every weekend?
Post: Is your primary house an investment?

- Minooka, IL
- Posts 353
- Votes 85
Some things in life aren't about money making or money losing. I'm going to buy my dream home because I love it and its a relaxing place and I don't care what anyone says about it.
Post: Acclimate Laminate Flooring to then be moved?

- Minooka, IL
- Posts 353
- Votes 85
My dad does flooring and sorry, it doesn't work that way. It needs to acclimate in the house it will be in for 3 days. Otherwise after install it will either expand or contract and mess up the whole floor.
Post: How long did it take you to buy your first rental?

- Minooka, IL
- Posts 353
- Votes 85
I actually took a year to wait for my for Primary residence to get approved(short sale) and I had planned on buying a rental when the right one came up. Literally 2 weeks after move in a great deal came up in and I bought it. MLS is all I do. Sometimes it takes months before I'll even find a deal I'm interested. I believe its been 5 months since my last purchase, and I'm coming up on a closing soon. I literally hadn't seen a single one I was interested in since that last one. I have 7 great properties and one bad one that I can't wait to sell. I learned so much from it, and in a way I'm glad I bought it.
Post: Repair appliance or replace?

- Minooka, IL
- Posts 353
- Votes 85
When do you guys know when to repair an appliance, or replace it. My appliance guy is a minimum 65 per visit. Most guys do this. My theory is I take the original price of the appliance, divide it by the number of years I've had it. A/B=C If the cost to repair the appliance is greater than C, I replace the appliance. If its less than C, I repair it. What do you think?
Post: Fannie mae owner-occupant house: investor beat me!

- Minooka, IL
- Posts 353
- Votes 85
Of course you should report them. That investor cost you money and that's not fair. I wouldn't even hesitate.