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Updated over 9 years ago on . Most recent reply

User Stats

21
Posts
14
Votes
Michelle C.
  • Real Estate Investor
  • Chicago, IL
14
Votes |
21
Posts

owner occupied building - how to not be "the owner"

Michelle C.
  • Real Estate Investor
  • Chicago, IL
Posted

A tip I've heard before for renting apartments is to not "not be the owner". I love this idea because I'm non confrontational and I feel like this would make policy enforcing a lot easier. However, I am the owner and everyone knows it because it's an owner occupied building, and the lease is signed with my name on it. Is there any clever idea to not be the owner in this situation? Pretend its "family owned"? Is that too obvious? I considered an LLC, but its not cheap...

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