All Forum Posts by: Jose Cervantes

Hello everyone

My name is Jose, I am a newer landlord in the Midwest. I have recently lost a triplex to a fire and it’s a new experience for me. None of my tenants were hurt thankfully and I am working on moving them into my other units. My question to anyone whose had a similar citation happened would be what if the best option for the insurance claim? I’m not entirely sure what my options are, rebuild, pay mortgage and keep the remainder ?

Im just looking for advice on what would be my best option do leverage my insurance payout.

I’d appreciate any advice. Thank you.