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Updated over 2 years ago,
Property destroyed - what to do next ?
Hi everyone !
Out of state / out of country investor here...
I have (had ?) a rental property in Toledo, one month ago a fire broke out in the house's first floor, tenants been evacuated and house boarded up. The insurance will pay for the damages but as an out of country investor I do not have the time, energy or confidence to repair the rental.
How can I estimate how much is worth the land + house to repair on it and how can I find a buyer who has the resources and willingness to flip it ?
Thanks for your guidance !