Online Rent Collection

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Hello!

I recently found a great tenant for my duplex, (I am house hacking it) to avoid any uncomfortable situations in the future I told him my uncle was the owner and I was managing it for him. 

I'm researching online rent collection companies and I am wondering if there are any out there that would let me hide the owner's name for the invoice he would receive so my name doesn't show up on the invoice. 

Is anyone familiar with any online rent collection websites that won't display the owner name?

I would really appreciate any feedback thanks! 

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John, have you ever managed your own property? Have you ever had to build from the ground up 1 property at a time or are you from wealth? Just trying to gain perspective because I don't understand your comments and lack of providing any solutions. I can reasonably understand her @Mariacruz Medina concern since she lives right next door. However, I can't understand why you're taking such offense to an investor's dilemma. Many ways to do business, your business ethics does not have to be someone else's. I can see where you both are coming from, but its like you're wishing the laws in your area make it harder for investors. Although I would announce myself as the owner, I certainly wouldn't want the local government taking away more freedom to do business. She's asking for advice. 

(Not licensed in real estate, law, or anything in FL) That being said, what I would consider:

1. Professionally manage out the one side with instructions to not disclose that you are the owner , and assume the role as a tenant as you are. Even less to deal with. They will never ask unless they already know you are the owner, and you never have to tell. If they find out, they never say anything, and still pay the rent with no problems. That's fine too. However, this is still hard to do with less profit to pay the manager. It will also be hard to remain calm when something is going on next door that isn't to your liking. Rather than calling the manager to deal with it, you might find yourself saying knock it off directly to them which is understandable because the property and the neighbors are yours.

2. Tell them you are the owner and set the expectations that you have a business relationship (inherently hard to do because you're neighbors). I house hacked for a few years, and my personality lends to personable but not personal. Even then, its still hard to separate the personal to make a business decision.

3. Set up the llc as Todd suggested, but a savvy person could still find out who the owner is.

4. Bear Dawg (feels really weird saying that for a name no offense lol) mentioned the account number, but I don't like giving out the account numbers personally. I do like his suggestion of how to go about managing the situation.

5. I have used Cozy, and you have to set up payments in your own real name. You can change your name, but I have never been a tenant to myself lol so I don't see the email alerts they see when payments go in and out. I don't know if Cozy will red flag a deposit and hold up rents because your name changed or if the bank would hold up payments for that. Also if you use it for background check purposes they throw your name around for that too.

5. My favorite of all this is move out, rent and manage out both sides, and be a renter yourself until you can buy another property. What's the difference if you get x revenue in the new rental unit and spend a little less for rent. As long as you cover expense costs with the extra revenue it works. I don't know the numbers specific to the property and area so I can't give you a definitive, but it will most likely work. You still get the same revenue you would have with the one rental, and the other side covers your living expenses elsewhere. You have to gauge your lifestyle for what you can afford to rent and still be profitable and becoming a renter again. I'm guessing you don't have problems with multifamilies since you live in one. You will also incur one more family, which is another set of issues to manage. And if the numbers don't work perfectly you might spend a couple of hundred or so for the piece of mind. 

Feel free to ask me questions, and I hope it helps.