Wholesaling
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 6 years ago on . Most recent reply
Burned home lead
Hello! Unfortunately there have been two large fires in my area. Although I feel bad for even seeing this as a business opportunity I would like to get some insight on whether or not I should pursue these "leads".
I am a new investor with no transactions yet. What could I expect from pursuing a fire damaged property? Particularly how will this play out if the homeowner does have insurance? If they have insurance, will an investor still be able to turn this into a deal? Should I start marketing towards them, even though this is probably the last thing they want to see? Thank you in advance!