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Updated over 7 years ago on . Most recent reply

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Tim Tucker
  • Investor
  • Jacksonville, FL
1
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5
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Self Managing but Staying Anonymous

Tim Tucker
  • Investor
  • Jacksonville, FL
Posted

Scenario

15 SFRs, each owned by a separate FL land trust.

I am the beneficiary of each LT.

I manage all 15 properties.

Whats the best way to find/screen tenants, collect rent, maintain the units all the while keeping tenants from thinking I'm the owner?

1.Simply act and sign everything as an "agent" of the LT? Do I need an "agent" agreement with each LT?

2.Create a separate company that all rent and tenant requests funnel into? A sort of psuodo property mgmt company.

Other ideas?

Most Popular Reply

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Replied

Best practice always is, introduce yourself as the owner. Tenants are people that deserve your respect, hiding behind a fictitious title serves no purpose.

If you want tenants to be honest and forthcoming you should do the same.

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