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Updated about 1 year ago on . Most recent reply

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11
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Donald Paul
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11
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Fire at Duplex - Questions on minimal repairs for non fire side

Donald Paul
Posted

Tenants had just moved out of the non fire side before the fire.  We had just finished painting the entire unit and were getting ready to place on the market for rent.

The quote we received from the Restoration and Renovation company covered both units.  Basically the non fire unit needs to be repainted again, carpets replaced and the front door and frame to be replaced due to firemen having to break the door down.  

Basically, there is a lot of fluff in the quote for the non fire unit for additional sealing, cleaning, etc which is not needed.

We would basically like to do the cleaning and painting ourselves and have a local company replace the carpets and repair the front door.

How will the insurance company reimburse us for this if we do the work ourselves?  Will we be paid for our labor?

Thank you-

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12,500
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Bruce Woodruff
#1 Contractors Contributor
  • Contractor/Investor/Consultant
  • San Diego / Phoenix
14,785
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12,500
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Bruce Woodruff
#1 Contractors Contributor
  • Contractor/Investor/Consultant
  • San Diego / Phoenix
Replied

I doubt it. That is one of the big drawbacks of doing your own work to save money......also when writing off your projects for tax purposes. You gotta choose, you can save money by doing things yourself, or save money by getting insurance and tax benefits.....

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