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All Forum Posts by: Adam Carskaddan

Adam Carskaddan has started 3 posts and replied 5 times.

Post: Lawncare investment and maintenance

Adam CarskaddanPosted
  • Property Manager
  • New Britain, CT
  • Posts 5
  • Votes 6

@Alex Craig

Thanks for the input Alex!

I’ll have to review the local landlord laws but that was my thought process, having one of the tenant maintain the yard however as it is now it’s be a bit unfair considering the condition which is why I wanted to completely redo it so it’s be a more reasonable ask. I just was considering if the upfront initial investment is worth it in the long run (a few thousand at first as opposed to just going and mowing myself and still having it looks subpar but acceptable in my opinion). I’m struggling with wether because this is my first property if I just want to go all out and it’s not really worth the money or not.

Thank you,

Adam

Post: Lawncare investment and maintenance

Adam CarskaddanPosted
  • Property Manager
  • New Britain, CT
  • Posts 5
  • Votes 6

Hello BiggerPockets,

Recently invested in my first rental property in CT thanks to the help I’ve gotten here! Very excited to start my journey, however, now that I’ve started talking to the tenants and it’s springtime I’ve found out the backyard is a mess! Weeds, stumps, random overgrown beds, and unruly shrubbery everywhere! Part of me wants to just rip it all up and the other wants to minimally cut and maintain what I’ve got now (will be a big hurdle at first and not sure how it will look afterwards). I don’t have any equipment yet so that’s another investment and need storage so I would need a shed. I want as little maintenance as possible going forward and I’m also not sure if I want the tenant to maintain it for a rent reduction.

Anyone have any thoughts on this? Should I put the money in to rip it up?

Thanks all,

Adam

Post: Full Rehab - Estimating Cost

Adam CarskaddanPosted
  • Property Manager
  • New Britain, CT
  • Posts 5
  • Votes 6

Hello BiggerPockets, I am looking to buy my first investment and have narrowed down my options to buy and hold/BRRRR multifamily. I am looking to rehab a home using a 203K loan and was looking for help regarding estimations. I know there are a lot of factors that can determine cost of a rehab so I am wondering if anyone has an "rules" or tips regarding how they get their estimates.

Thank you.

Post: Overwhelmed with Options

Adam CarskaddanPosted
  • Property Manager
  • New Britain, CT
  • Posts 5
  • Votes 6

@Kevin Sobilo Thanks for the advice! I’ve always viewed it as a just do it and figure it out kind of guy so none of the options really scared me away per se, however looking inward does give me a fresh new perspective on the matter that is opening my mind to new angles. I appreciate the input.

Post: Overwhelmed with Options

Adam CarskaddanPosted
  • Property Manager
  • New Britain, CT
  • Posts 5
  • Votes 6

Looking to invest in my first property and trying to do my due diligence but there's so many options and angles to look at. Owner occupied, investment rental, pre-foreclosure, FHA-203K, Geo factors, Section 8, and there's so many more options I haven't even had time to explore or that I even know about. How do I figure out which path to travel on my road to real estate investing? How do I find my niche? I currently reside in Hartford County, Connecticut but I am open to all opportunities so long as the numbers work. Any advise on how to navigate the various strategies and methods involved in the real estate investment market? What should I be focusing on?