Pandu Chimata
Fire damaged property
Greetings team!I am the process of exploring an opportunity to flip a fire damaged property. Have never dealt with this kind of properties. I tried to get some elementary education on flipping such projects.So far, my...
Jamie Briscoe
FIRE & Real Estate Investing?
Hi Bigger Pockets Family!I am relatively new “investor” who has been listening to Bigger Pockets pockets on the quest to bettering my personal finances. I am finally on track to close on my first SFH rental within the...
Jon B.
Purchasing a House With Fire Damage
I am thinking of making an all-cash offer to purchase a SFR with existing fire damage in the kitchen at a price well below market value The property is in otherwise solid condition and in a great neighborhood. I plan ...
Yale Hamrick
Burn Houses
Hello All,I am new to Bigger Pockets and this is my first post. I am looking to learn more about burn houses to rehab. I have been rehabbing for a couple of years now, and am interested in starting these type of proje...
Woralak Bryant
Can I keep tenant security deposit for insurance deductible?
So my renter of 7 months called me up and said that her son and her nephew was playing with a lighter and fire started in the bedroom. She called the fire department and it's all under control. Everyone was fine exce...
Terry Hale
Every consider not insuring your rental property’s?
I have 19 property’s and 17 are paid for. I have only carried insurance on the house I had and my wife had before we got married. They both have loans on them. Many if not most of the other property’s have liability...
Daniel Pessin
How do I calculate the value of a property with fire damage?
Hi everyone,I'm a new real estate investor / wholesaler.I recently came across a property with fire damage. I have not seen the property yet. The seller wants to sell for 120k.Here are the property specs - 4 bed / 1.5...
Manik Zaman
Fire Monitoring Requirements for Multi Family Building
I was checking whats the requirements for fire Monitoring for Multi Family Buildings.Is there a specific number of units and/or people that drives this?I am inquiring for Massachusetts, I am guessing this likely be ti...
Chris Allen
Estimating fire damage rehab.
Been wanting to get into fix and flip/ BRRRR investing and just saw a property that I think has some great potential for a BRRRR, but since I have no experience doing a rehab, I would like some input.
just found a 4...
Avery Taylor
Wholesale fire damaged property
What are some of your opinions/ experiences wholesaling fire damaged properties? I’m trying to get an older fire damaged property under contract, but honestly I’m not sure how to assess it. The house literally right n...