Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 4 years ago,
First Time House Hack: Advice
Greetings Bigger Pockets Community!
I'm a first-time homebuyer and starting my first house hack with a duplex here in the SF Bay Area. In my building I'm inheriting a long-term tenant who is currently on a month-to-month lease and I'm looking for guidance on how to manage the relationship. I've heard very different things. Anything from "Don't tell them you are the owner of the building just the 'manager' " or "Set up processes to not require money to exchange hands every month". I was hoping to learn from the experiences of others on how they've handled these situations to optimize success!
Thanks in advance,
- Jonathan