Quote from @Michael Hill:
Quote from @Eric Mensah:
Hi Nana Sefa,
- If you are doing a house hack in quad, NEVER NEVER disclose to your tenants you are the Landlord.
When you do your walk through, don't the current tenants (if inherited) get to see you, and meet/greet ? if they then notice that you're moving in (into one of the units) wouldn't they assume you're the landlord and living there now?
How could you maintain some anonymity in this scenario?
I'm looking into getting a quad for house hacking and I do not want the tenants to know that I'm also the landlord. If I don't have inherited tenants, the property manager will handle all of this, so I would be insulated in that regard - but for inherited tenants - I'm not sure of a solution to maintain some buffer.
Michael,
- First when I did the walk through with buyer/seller agent, only one tenant was at home. The rest were always working. The agent told the tenant we are here to do inspection of the property. I did not introduce myself.
- When I bought the quad I told the seller not to include my name in the letter to the tenants making them aware the property has a new owner. So even though the tenants knew property has been sold and has a new owner they did not know who it was.
- I set up an LLC to self manage the property since I was living in one unit. When I interacted with the tenants I introduced myself as the new property manager which is true because I am the one managing the property.
- I have a business phone that they would call through if they had issues. They pay rent online through Rentredi. As Simple As that. I hope this helps.
