House hacking as a tenant or the landlord?

House hacking as a tenant or the landlord?

Realtor · Chicago, IL · Member since 2014 · 137 posts · 103 votes

Hey there BP! House hackers, do you inform your tenants that you are the landlord or do you act like just another tenant that lives in the same mutlifamily? My question is mainly for those hackers in small mutlifamilies. I am currently rehabbing our duplex and it will ready to put on the market after the weekend. I can have the PM company I work for do the showings, rent collection, etc. So I could hide the fact that I own the building easily but wouldn't there be a benefit to just being open and honest about my interest? Pros, cons, opinions, benefits?

Thank you all for your responses in advance!

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