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Updated about 9 years ago,

User Stats

208
Posts
98
Votes
Fay Chen
  • Investor
  • Los Angeles, CA
98
Votes |
208
Posts

Tenant death...now what?

Fay Chen
  • Investor
  • Los Angeles, CA
Posted

So... I lease my SFR to my friend who runs a student house. He put 7 tenants in the house. It's not a slum house, I promise. It's got wood floors, new furniture in all rooms, game room, utilities all covered and cleaning service every 2 weeks. You get the picture.

One of the tenants died of drug O.D. His body was found by another tenant. The Sheriff determined that it was an accident and said they would contact the family. He already cleaned the room and put the personal belongings in the storage.

The lease I have is directly with my friend, who pays be a fixed rent every month. He sublets it to different students. I don't know the students and I don't know how much he charges them.

I asked my friend, the PM, to get a copy of the sheriff's report when it's ready. He told me not to worry. Is there anything else I should do and be scared of? 

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