Fire!

[Brandon Schlichter]

I got a call very early this morning (1AM) That my apartment was "On Fire".

Needless to say it was , one unit was severely damaged, an additional unit has quite a bit of water damage, and there is some smoke infiltration to other units.

I've already issued a claim with my insurance company (I'm insured 100% Over my purchase price).

Anyways , what should I be looking for ,ect? The fire company shut off the power to the entire building and everyone had to leave , we think that the rest of it is habitable but just unsure.

As of the moment it looks like one of the tenant's kids caused the fire (Lit a candle and knocked it over).

No physical harm to anyone in the building which is good.

Any ideas or thoughts as to what I should watch out for?

[Brandon Schlichter]

Wanted to update this thread real quick.

Fire was 22 days ago , and the fire investigation/estimation finally closed out.

The insurance company sent me a check today which definitely will cover all the repairs and then some extra.

Overall it wasn't as painful as I thought, although I lost most of my tenants as the insurance couldn't get the duct work clean till the investigation was done, which lead to them leaving (I wouldn't of stayed either).