One of the contractors I use had his Chicago home (which he no longer lived in, he rented it out) catch fire last year.
Using insurance money, he completely rehabbed it using his own labor and his own crew. The guy was never available for jobs for most of the year because he was busy with this project.
He ended up selling the home for $700k, a price he never would have come close to fetching in prior years. It worked out well for him and he made a killing.
That story makes me happy for him. But I guess some people feel differently.
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