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Updated almost 8 years ago on . Most recent reply

Account Closed
  • Investor
  • Denver, CO
582
Votes |
736
Posts

Wow. What a Situation to be In

Account Closed
  • Investor
  • Denver, CO
Posted

I'm following the story of the house explosion that happened earlier this morning. Apparently two people were found dead in the rubble, two adults and one child were transported to local hospitals.  Since there's a rental registry in Evansville, the press has tracked the house down to being a rental owned by a local investor who owns 33 other homes in the city.

Then, this afternoon, it turns out the tenant was being evicted and was supposed to be out of the house next Monday.

http://www.courierpress.com/story/news/2017/06/27/resident-house-explosion-under-eviction/103241296/

Forget about clogged toilets in the middle of the night.  I think this is my worst nightmare.  I feel for everyone involved, and hope this wasn't something malicious, or that the reason for eviction wasn't for the manufacturing of controlled substances (Meth or Hash).

Most Popular Reply

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3,802
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Cody L.
  • Rental Property Investor
  • San Diego, Ca
4,468
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3,802
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Cody L.
  • Rental Property Investor
  • San Diego, Ca
Replied

I've had so many things like that happen. Caves roofs. Dead bodies.

No unit has exploded yet. So that's good. But after a while it's a numbers game. When you have a ton of class C properties, the law of big numbers kicks in. All of a sudden "1 in a million" events are not as rare as you'd think.

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