We have subdivided the back yard of our current PPOR, and are building a house on the subdivided land which we will move into when it is ready. We are considering keeping the initial property as an investment property, which means for a while at least we would be living next door to our tenants.
We would have the house managed by a property manager, but even if we did not tell the tenants we were the owners there is a good chance that the neighbours would tell them.
Does anyone have any opinions on why this would be a bad idea? this would be our first IP. I have noticed in a few threads people saying they don't let their tenants know where they live which is why I ask this question.
Thanks in advance
We would have the house managed by a property manager, but even if we did not tell the tenants we were the owners there is a good chance that the neighbours would tell them.
Does anyone have any opinions on why this would be a bad idea? this would be our first IP. I have noticed in a few threads people saying they don't let their tenants know where they live which is why I ask this question.
Thanks in advance