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Updated about 6 years ago on . Most recent reply

Account Closed
  • Banker
  • Lowell, MA
7
Votes |
18
Posts

19 year old landlord

Account Closed
  • Banker
  • Lowell, MA
Posted

Hello guys,

I'm currently 18 years old and was planning on buying my first multi family property using the house hacking method in the Spring of 2020 so I'll be 19 at the time of purchase. My only concern is finding tenants who will be okay with there landlord being 19. So my question is should I use a parent as figure head?

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@Account Closed

I would say no, I think it's actually a worse image to use your parent as a figure head. You're legal voting age, own it! You might have some people shy away but if you present yourself as mature and organized I don't think you'll have an issue. Or...hire a property manager.

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