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Updated over 12 years ago on . Most recent reply

User Stats

60
Posts
7
Votes
Sharon Rolel
  • Birmingham, AL
7
Votes |
60
Posts

Fire in property - what are my options?

Sharon Rolel
  • Birmingham, AL
Posted

Hello everyone,

Last month I was notified by management that one of my properties had a fire, probably started by tenant according to them and the police. I just received a healthy windfall for my troubles, and no one got hurt, so that's good.

What can I do with it? I was told fixing it up would be more than what I originally paid and I'm pretty sure I don't want to do that (wasn't seeing much income from this one anyway). Can I walk away somehow?

Thanks!

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