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Updated over 7 years ago on . Most recent reply

User Stats

59
Posts
15
Votes
John W.
  • Real Estate Investor
  • Texas
15
Votes |
59
Posts

DBA name/Property Manager

John W.
  • Real Estate Investor
  • Texas
Posted

Brandon Turner

I have formed a DBA name after taking Brandon Turners advice (from previous articles.) The advice was not so much to form a DBA name, but to have a business name and just be the "property manager." This way tenants view you as the property manager and not the owner of the property. I like this idea.
I have 2 sfr's and have not yet found a need to have a p.o. box. I just have tenants mail me rent checks.
this works fine, but this being my home address kinda takes away from me being just the "property manager." maybe not? Any recommendations for this? get a p.o. box? only 2 properties idk if this is the route. maybe it is? looking for other ideas.

thanks!

Most Popular Reply

User Stats

207
Posts
120
Votes
Michael B.
  • Apopka, FL
120
Votes |
207
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Michael B.
  • Apopka, FL
Replied

Actually I think putting your title as property manager is a very bad idea. I guess it's not bad to call yourself a property manager, but if the change is an attempt to deceive ... don't do it. Have more respect for your tenant than that. The stakes are just too small.

Like it or not, you're in a business relationship with your tenants. You provide a service, and they pay for that service. It's never good to go out of your way to try to deceive a business partner. There are just too many ways that a little deception like this can spin out of control.

People get pissed off when they're lied to. And a lie like this where you have so little to gain just isn't something to do lightly. Remember, the person you're lying to has control of a really valuable asset of yours. Do you really want him thinking that you don't take little things like truthfulness seriously? That lying is OK between the 2 of you?

I respect what Brandon says here, but if indeed he gave such advice I'd love to know the context and what he was getting at. And that's the truth.

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