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All Forum Posts by: Miho Y.

Miho Y. has started 28 posts and replied 101 times.

Post: Death in the unit

Miho Y.Posted
  • Investor
  • Huntington Beach, CA
  • Posts 102
  • Votes 25

I need to find out about that as well. I heard state of California regard the death on the property as "material damage" which is the reason why you need to disclose as a landlord. However, with appreciation or the properties taken into consideration, how is the loss calculated?

Post: Death in the unit

Miho Y.Posted
  • Investor
  • Huntington Beach, CA
  • Posts 102
  • Votes 25

Thank you Jim, I am so interested. Please kindly let me know if you have any update... 

Post: Death in the unit

Miho Y.Posted
  • Investor
  • Huntington Beach, CA
  • Posts 102
  • Votes 25

Well many people think otherwise. The problem is that in CA, landlords are required to disclose ANY death occurred in the unit past 3 years meaning I need to let any applicants know this making it less attractive.

Post: Death in the unit

Miho Y.Posted
  • Investor
  • Huntington Beach, CA
  • Posts 102
  • Votes 25

Thank you Kyle for your bang on replies. Truly appreciate it. BiggerPockets rocks.

Post: Death in the unit

Miho Y.Posted
  • Investor
  • Huntington Beach, CA
  • Posts 102
  • Votes 25

So I went to the county recorder's office and found out that the tenant was in fact telling me the truth. So do I sue the agent and seller? What type of attorney takes care of this kind of case? 

Post: HELOC on investment property

Miho Y.Posted
  • Investor
  • Huntington Beach, CA
  • Posts 102
  • Votes 25

THANK YOU!!!

Post: Death in the unit

Miho Y.Posted
  • Investor
  • Huntington Beach, CA
  • Posts 102
  • Votes 25

Yes it is. Indeed it was last year. 

Post: HELOC on investment property

Miho Y.Posted
  • Investor
  • Huntington Beach, CA
  • Posts 102
  • Votes 25

Does anybody know if there is any lender that offers HELOC on the investment property in California? Thank you.

Post: Death in the unit

Miho Y.Posted
  • Investor
  • Huntington Beach, CA
  • Posts 102
  • Votes 25

This is fantastic. Thank you Kyle. I will go to the county office tomorrow morning! 

Post: Death in the unit

Miho Y.Posted
  • Investor
  • Huntington Beach, CA
  • Posts 102
  • Votes 25

Thank you Eric. Yes I got the name of the person who diseased, but that is it. I consulted with an attorney, and I was told to go to LA county to obtain. In a mean time, the unit is vacant, and I need to rent it out. Do I have to disclose to the candidate the "possibility" that the death occurred inside unit based on what the other tenant's hear-say?? Thank you.