Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Rehabbing & House Flipping
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 12 years ago on . Most recent reply

User Stats

186
Posts
14
Votes
Naga A.
  • Investor
  • Atlanta, GA
14
Votes |
186
Posts

A House Caught Fire While being Rehabbed

Naga A.
  • Investor
  • Atlanta, GA
Posted

I bought this house last month, and my local partner (working as a project manager) and I (I am an out of state investor) have been working on to rehab it for about three weeks.

We were very close to completing the rehab, and then I got a call from my project manager yesterday that the house was on fire.

We were not completely sure what caused fire, but our HAVC guy flicked the circuit breaker and then all of sudden it caught fire and the fire spread very quickly.

I attach pictures, and the roof and third of the house was burnt down.

I called my insurance company to file a claim yesterday, and we engaged a disaster recovery company to board up the house. We will contact our electrician who is insured to understand the cause of fire.

Obviously, this is my first (hopefully last) experience with fire. Is there anything I can do? I am a buy and hold guy so if the insurance company covers the damages, I would like to keep the property.

Loading replies...