Fire Damaged Property

[Ronald Grams]

Anyone have any experience with flipping a property that’s been severely fire damaged?

Over the last few weeks I’ve come across several properties that have been through fires.

One looked to be a hoarder SFH fire. Fire damage was minimal but house was not cleaned out after. Was able to walk the property where possible, the hoarding blocked more than the actual fire.

The second recent property was a twin. Access to the property was forbidden, but from an exterior wall around the damage from the fire was much more severe. The attached twin however was not damaged.

Will contractors even want to take it on?

Is the liability of having anyone even go for estimates worth it?

Will the disclosures that need to be made scare away any buyers/renters?

Thanks in advance for any and all information.