Connecticut before/after

by Matt Kastner

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We closed on the rehab at 4218 Connecticut a couple weeks ago and all the bills are finally paid so the profits can be dispersed. It took way to long to finish everything, but in the end, there was a respectable amount of profit to show for it. Not only did we make money, but the differences in the building before and after construction are amazing.

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Connecticut rehab – Under contract

by Matt Kastner

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I am happy to say that my rehab project, which was my life for 5 months worth of weekends and evenings, is now under contract. I should mention that this is after only 5 days on the market. And this offer came in on Sunday so it was really about 3 days. I also had a verbal offer (too low) and another buyer who was going to write one today. I couldn’t be happier with the response. Read more

Connecticut rehab – Finished

by Matt Kastner

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It’s over. It’s done. It might have been frustrating at times, but I couldn’t be happier with the final product. Now its time to move on to the next phase: selling this puppy. I think it should go over pretty well. I’m still getting all my marketing materials together, but it should be on the market by tomorrow. We’ll see how the current turbulence in the financial markets affects our ability to sell. Read more

Connecticut rehab – Final week

by Matt Kastner

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You might have noticed that I haven’t been posting about my rehab project much lately. Well its been a long (way longer than I hoped) road, but the completion of the project is looming. Less than a week away in fact. And boy will I be happy to be finished. Read more

Connecticut rehab – Week 15

by Matt Kastner

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We’re now entering the home stretch of the project. And it couldn’t come any sooner. We’re looking good on our overall budget and profit margins, but things have taken longer than we hoped. We won’t be done in a week’s time, but the only thing left will be minor finishing projects. At least I finished floating out the original plaster walls. Read more

Connecticut rehab – Week 7

by Matt Kastner

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It’s been over a month since I last posted about my rehab project. Not because things haven’t been progressing, but because I haven’t had time to post. Between work and this project, I’ve had my hands full. Despite the fact that I have done most of this work before, I’ve already learned a lot of lessons along the way. Unfortuneatly, I have been a little lax in sharing them. Looks like I have about five weeks of work to go over. Read more

Connecticut rehab – Week 2

by Matt Kastner

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Another week goes by and it’s been more of the same: ripping stuff out. Both inside and outside, nothing but demo and breaking stuff. Thankfully, by this upcoming weekend we should finally be to the point where we have actually started to add to the building rather than just tear it apart. Demo is fun for about 10 minutes, then you realize that its bad on the back and a disaster for your lungs. It will be nice to be past that stage. Its been going well so far and I still think we are still on track for a late June completion. Read more

Connecticut rehab underway

by Matt Kastner

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I’ve been a little irregular on posting this week because we finally closed on our rehab project on Connecticut Wednesday. It’s been nothing but work since and I wouldn’t have it any other way. This is a part-time project for me and I don’t plan on keeping up this feverish pace for the entire project, but there are so many things to do. As with any project, my inital goals have been security and demo work. Although I’m not 100% satisfied with either, I’m getting close. Read more

Countdown to closing

by Matt Kastner

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Only four more days until we close on the single-family on Connecticut. I have arranged for the utilities to be switched over or turned on; the roof work, window replacement and hardwood refinishing have been setup; and I find myself growing impatient. I always look forward to closing deals (who doesn’t look forward to a paycheck), but this time things are different. My work is usually done when the deal is closed. In this case, at close, my work will only just be starting. Read more

Before pictures of Connecticut

by Matt Kastner

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Things are progressing nicely with my upcoming project. A few roof issues came up early in the week, but the seller took care of things to our satisfaction. The title work is complete, we have loan commitment and our line of credit for construction funds is in place. Other than meeting a few contractors at the property, its pretty much a “sit back and wait” kind of deal until the 23rd. Read more

My upcoming project

by Matt Kastner

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I’ve represented others in their rehab projects, done construction work for others, and handed out countless bits of rehab advice in the past few years. Always working for others, but never for myself. Until now that is. I’d like to introduce my little pet project for the next few months. Read more