Property Management DIY

[Ryan Dula]

Hey guys! I have one property I manage myself and am getting ready to buy another. I heard or read some really good advice on here which was to tell your tenants you are a property manager and don't actually own the property. My question is how to go about that. Do I start an LLC for property management to manage my own properties or just tell them I work for the owner? Can I sign the lease under my name but as a "property manager"? In other words can a property manager sign a lease for the owner? On a side note, if I did start an LLC property management company and signed the lease under that LLC, would it offer any protection to me as the owner? Sorry for the long question and I know most answers will probably be "ask a lawyer" but just wondering if anybody has experience. I'm in Florida by the way. Thanks! Ryan.

[Account Closed]

I still say honesty is the best policy. Be true to yourself and deal fairly and honestly with others. There's no need to hide behind a facade if you follow that.

When you have to evict someone, look them in the eye and say "I'm evicting you, not the Sheriff, not the Court, or the laws--me. I chose to evict you because of these reasons..."

When you decide not to let the pretty girl in one of your properties to paint their room black, say "I've decided not to allow that." And, don't give them any sort of consolation, just don't allow it.

You'll respect yourself and that's the first step to earning the respect, trust, and cooperation of others.