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All Forum Posts by: Jeremy Bridges

Jeremy Bridges has started 7 posts and replied 14 times.

Post: Fire damage...

Jeremy BridgesPosted
  • Antioch, TN
  • Posts 15
  • Votes 2

i decided not to buy the house.  Being my first, didn't want to go over my head.  The numbers looked good, but didn't leave much room for unforseen problems.  Which I'm sure there would have been.

@Brandon Turner Count me in as well.  Looking forward to it.

Post: Fire damage...

Jeremy BridgesPosted
  • Antioch, TN
  • Posts 15
  • Votes 2

Thanks guys. I really appreciate the advice. 

Post: Fire damage...

Jeremy BridgesPosted
  • Antioch, TN
  • Posts 15
  • Votes 2

Good evening, I'm new to real estate investing so hopefully you guys can help me out.  I've come across a home that has some extensive fire damage. I'm wondering about strategies to aquire the property and any advice from those that have rehabbed a property with extensive fire and smoke damage.  I'll tell you the little that I know.  It's an all brick home from the 60s.  So far what I can tell it started in the kitchen and moved to the side room. It burnt out through the roof, so I believe it burnt for a while.  The home is just under 1700 sqft. They're asking $50,000 for it and I figure a house in that area that size in pristine condition would sell for around $145,000.  Any advice would be greatly appreciated.