Inflation and tight labor markets are driving rebuilding costs way up.

If you have an older property or one you did not recently gut and rebuild, I would recommend keeping a larger reserve vs having a newer build.

Investors should come together and rebuild block by block.  

This isn't personal, it’s not based on a claim you may or may have not had, it’s simply the cost of doing business.The cost to rebuild your home is up dramatically due to the rising cost of materials and labor.

Would love to see what you find if you do the calculations so please share back to the thread.I second @Mindy Jensen on remodel over rebuild.

I'm *guessing* that tearing down and rebuilding is no different than just doing some major capital upgrades (from the viewpoint of the IRS), which doesn't change the fact that you held it as an investment for longer than a year.I'm sure one of the knowledgeable tax professionals here will correct me if I'm wrong...

However, since it now has fire damage, I am not sure that I could even get insurance, much less a loan to rebuild the back and rehab the rest of the house.

Make sure the rebuild cost is not grossly off base since most LL policies do not include guaranteed replacement cost.  

Blessed Sunday Morning to My BP Brethren and Sistren.I am gettting re-started in Real Estate and doing my research to rebuild my empire (dreaming, dreaming).

Would you still be paid the insurance money to rebuild?