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Updated about 4 years ago on . Most recent reply

Mac Usher's profile image
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Mac Usher
  • Rental Property Investor
  • from Atlanta, GA
  • Member since Sep 5, 2014
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Mac Usher's profile image
Mac Usher's profile image
Mac Usher
  • Rental Property Investor
  • from Atlanta, GA
  • Member since Sep 5, 2014
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Mac Usher
  • Rental Property Investor
  • Atlanta, GA
3
Votes |
30
Posts
Buying & Selling Real Estate

Burned Properties!

Mac Usher
  • Rental Property Investor
  • Atlanta, GA
Posted

Hi BP family,

I am curious to know if there is a market of buyers that buy properties that have been damaged due to fire? Once they are purchased, what do they normally do with them?

Thanks for the insight.

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Joseph Ball's profile image
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Joseph Ball
  • Residential Real Estate Agent
  • from Groveland, Florida
  • Member since May 2, 2012
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Joseph Ball's profile image
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Joseph Ball
  • Residential Real Estate Agent
  • from Groveland, Florida
  • Member since May 2, 2012
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Joseph Ball
  • Residential Real Estate Agent
  • Groveland, FL
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Joseph Ball
  • Residential Real Estate Agent
  • Groveland, FL
Replied

In Sunny Florida, fire remediation must be done totally under permit. Usually rewiring is also required. So, if you buy fire-damaged property, buy it cheap!

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