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Updated almost 6 years ago on . Most recent reply

User Stats

107
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34
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Nathan Hui
  • New to Real Estate
  • Rome, GA
34
Votes |
107
Posts

Tenant Died, Family is Paying Rent...

Nathan Hui
  • New to Real Estate
  • Rome, GA
Posted

Hey BP folks, 

I am under contract for a small multifamily I am planning on house hacking. While under contract we discovered one of the tenants has actual died recently and the family has been paying the rent while they decide what to do with the tenants belongings. This would be my first investment property. I have a complete lack of experience with this type of situation. 

The unit itself is trashed (expected). I intend to renovate the unit after the unit is vacated. 

What should I do in order to protect myself while going through this process? I don't even know what questions to ask and what things I need to do to insure I don't immediately get involved with a legal dilemma after closing. 

Nathan 

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