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Updated over 4 years ago on . Most recent reply

User Stats

33
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Christopher Spear
  • Contractor
  • Cleveland, OH
25
Votes |
33
Posts

Do renters care if someone died where they live?

Christopher Spear
  • Contractor
  • Cleveland, OH
Posted

Hey BP! I am looking at a BRRRR opportunity for a C class house in a C class neighborhood. It should meet the 70% Rule and the 1% Rule. However I learned that the previous owner committed suicide in the house. Does anyone have opinions on how this will affect the sellability and rentability of this house? Also, I understand that it must be disclosed when selling. Is it safe to assume that it also must be disclosed when renting? Thanks in advance for your thoughts!

  • Christopher Spear
  • Most Popular Reply

    User Stats

    2,458
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    2,400
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    Lynnette E.
    • Rental Property Investor
    • Tennessee
    2,400
    Votes |
    2,458
    Posts
    Lynnette E.
    • Rental Property Investor
    • Tennessee
    Replied

    You will need to check the laws based on the location of the property.

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