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Hugo G.
  • Rental Property Investor
  • Sacramento, CA
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kitchen fire on a gas stove

Hugo G.
  • Rental Property Investor
  • Sacramento, CA
Posted Nov 26 2020, 11:11

Our tenant just told me there was a small kitchen fire in our single family rental. (Sacramento CA.) Our homeowners insurance has a 3500$ deductible. From looking at the pictures I think it needs a new kitchen cabinet and microwave.  Fire department said there was no damage in the attic. The gas stove is probably still functional.

We want to sell some rentals next year and the question is?

Should we give them the total bill at once or increase the rent and see whether they want to stay? If they stay we could increase the other rental rates until someone leaves then sell that one.

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