Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 9 months ago, 03/28/2024

User Stats

50
Posts
25
Votes
Kevin Drouillard
  • Investor
  • Brooklyn, NY
25
Votes |
50
Posts

Exiting out of a totally fire damaged C class property

Kevin Drouillard
  • Investor
  • Brooklyn, NY
Posted

Hello, I am looking for ways to sell a totally fire-damaged property in a C class area. I have reached out to a couple investors who specialize in fire damaged homes and I’m seeking advice to further expand my reach and partake in other creative exit strategies. The home is located in Kansas City, area code 64127, “East Community Team South”. The home is totally damaged from fire, where it would need extensive repairs, likely a rebuild. I am making the decision to let it go, since I can’t afford the repairs as the bids are coming in higher than what the insurance has paid (maximum). What are some places and resources that I can refer to in order to help push it to investors/buyers who would be willing to acquire a fire damaged home? I am seeking a way to market the property so that I can find the right person willing to obtain it. Thank you all for your help, any insights are greatly appreciated!

Kevin

Loading replies...