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Updated over 9 years ago,

User Stats

2
Posts
0
Votes
Tiffany B.
  • Investor
  • Milford, MA
0
Votes |
2
Posts

How do I hide I am the owner?

Tiffany B.
  • Investor
  • Milford, MA
Posted

Hi all!

I'm new to the forum. I'm a 24 year old from Massachusetts. I work as an analyst at an IT company and am thinking about buying my first three family home. The one i am currently looking at has two 2 bedroom units and a one bedroom unit. I would live in the one bedroom unit and use the rent from the other two units to pay my mortgage. Eventually when I move out, I'll rent out all three. My concern- no one is going to take a 24 year old girl seriously as a landlord. My plan is to say it is a family business and my parents own the property, I am just living in it as a property manager. Do you think that is a good plan? Would you recommend having them pay me their rent or maybe setting up a PO box? I would want to save money by not hiring a property management company, however, I know that telling them i'm the owner is a bad idea. Ideas would be appreciated!

Thanks,

Tiffany

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