Thinking of Buying Commercial Property?

8/26/2020 (Permalink)

Apartment Fires Can be a Huge Liability!

Commercial properties can be such a wonderful investment. Many people are eager to get into the real estate industry in hopes for large gain. This can be a very rewarding industry; however, investors need to consider the overhead and liabilities that can arise. This past week we called to a large loss on a commercial building in downtown Portland. This was a stove fire on sixth floor. The tenant had fallen asleep while leaving the stove on. Luckily, the fire alarms went off and a neighbor had a fire extinguisher. This neighbor saved not only save the tenant but also the property owner massive possible cost in damages.

Canvasing the whole sixth floor is chemical from the fire extinguisher and soot from the smoke.  We here at SERVPRO were called in to start the remediation process.  Having a professional on hand is a great way to make sure your investment is protected in an emergency. SERVPRO providing 24/7 Services!