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Updated over 6 years ago on . Most recent reply

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132
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Johnoson Crutchfield
  • Rental Property Investor
  • Tupelo, MS
61
Votes |
132
Posts

totally unprepared; when rental property catches on fire

Johnoson Crutchfield
  • Rental Property Investor
  • Tupelo, MS
Posted

I've been adding units so fast that I don't know what to do when a rental property catches on fire.  I have a house that has caught on fire and could use some moral support and some steps to take starting now.  total loss.

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28,216
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41,326
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,326
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28,216
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied

Call insurance. If you are insured properly, you'll have a much nicer property when it's all said and done.

I have some properties that I would literally dance a jig and take a trip to Hawaii to celebrate them burning down!!!

Assuming everyone was safe, of course.

  • Nathan Gesner
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