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Updated 8 months ago on . Most recent reply

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Josh Silvester
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18
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Do you disclose you are the owner to tenants?

Josh Silvester
Posted

Hi everyone! 

Thank you all for the advice on my previous posts. An update, we are set to close on our first duplex house hack next week! I am now in a hurry to get all my marketing plans/tenant screening info up and ready so we can get tenants in ASAP. What are some things I should be taking care of first and foremost or items I shouldn’t overlook? Also, what are your opinions on telling the potential tenants you are the owner in the other unit? I’ve heard people say don’t do it, but not sure why and frankly don’t want to be dishonest if they ask. Thanks!

Most Popular Reply

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4,160
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Michael Smythe
Property Manager
  • Property Manager
  • Metro Detroit
2,490
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4,160
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Michael Smythe
Property Manager
  • Property Manager
  • Metro Detroit
Replied

Agree with @Mitch Messer, there's ZERO positives for an owner to tell a tenant they're the owner.

My boss had an evicted tenant's biker gang show up at his front door, back when he used to disclose he was the owner.

Have posted this story several times and no one ever has a great response to it!

  • Michael Smythe
business profile image
Logical Property Management

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