I had an attic fire this April in a rental property (NJ) I own. The insurance company investigators determined a specific electrical cause (and were starting to subbrogate) of the fire. Right at the completion of rep...
I'm considering buying a fire-damaged home and fixing it for a Buy and Hold property. 3-bed room 1 bath.What are your thoughts on the below? What am I'm overlooking? What can I expect in terms of the fix? The exterio...
Whose is liable for any damage, either to the property the tenant is renting or a nearby property, for a fire that the tenant is responsible for starting? (I.e fire is started outside by tenant’s fire pit)
Hey BP,I'm currently finishing up a renovation on a but and hold property and beginning to look for another property. In my searches I found a for sale by owner that has some fire damage in the basement. I started th...
Hello community,We have purchased a home in Nevada City, California that is currently a cash flowing rental, until it becomes our primary home in 1.5 years when our family relocates to the area. The good news is that ...
A December 2020 fire caused by a condo next door caused damage to the exterior and interior of our unit, and complex (3 units).Our homeowner policy through nationwide rejected our claim (4 months after approving the r...
Think it’s too late for early retirement? Do you feel like just because you’re in your late thirties, forties, or fifties, FIRE doesn’t make sense for you? Well, think again because today’s guest defied the odds by re...
Hello Folks,
Every landlord and tenant's worst nightmare.
Our friend (recent single mom) had just moved into a house in north suburbs of Denver. She had been there one month and didn't have renters insurance. Sh...
so I'm new to investing in real estate, but I was curious if anyone has bought a fire damage home for a flip or even to brrrr? if so, how did it go? any extra problems that came from the fire that you didn't foresee, ...
ok I have a property in NC I want to put under contract but everyone is saying make sure the numbers are right. Which of course I understand but do people actually buy fire damaged properties, it seems like untouched ...