Property Insurance Questions & Discussions

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Christophe Noualhat
  • Investor
  • Quebec, Canada
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Property destroyed - what to do next ?

Christophe Noualhat
  • Investor
  • Quebec, Canada
Posted Feb 28 2022, 14:03

Hi everyone ! 

Out of state / out of country investor here... 

I have (had ?) a rental property in Toledo, one month ago a fire broke out in the house's first floor, tenants been evacuated and house boarded up. The insurance will pay for the damages but as an out of country investor I do not have the time, energy or confidence to repair the rental.

How can I estimate how much is worth the land + house to repair on it and how can I find a buyer who has the resources and willingness to flip it ? 

Thanks for your guidance !

Toledo, Ohio

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