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Buying & Selling Real Estate

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Christopher Spear
Pro Member
  • Contractor
  • Cleveland, OH
22
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31
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Do renters care if someone died where they live?

Christopher Spear
Pro Member
  • Contractor
  • Cleveland, OH
Posted Oct 29 2020, 20:19

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!

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