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All Forum Posts by: Michelle C.

Michelle C. has started 3 posts and replied 21 times.

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

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

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...