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All Forum Posts by: Vijay Anandh

Vijay Anandh has started 1 posts and replied 1 times.

General Landlording & Rental Properties

Post: Looking to rent out my property, best practices

Vijay AnandhPosted
  • Posts 1
  • Votes 0

Hi, 

Am new to renting out my property in US. 

I will be moving out of state from Santa Rosa, California, and need to rent out my property through a local property manager.

I am working on setting up an LLC, transfer the title to the LLC and then rent it out. The property is under a mortgage. So i will have to work with the lender as well - I did check with them, they do not seem to have any issues with it as i will still be the primary responsible person for the mortgage.

What do i need to keep in mind in the process?  Is there anything i am missing?  Should i rather hire someone to help me with this whole process. if yes should it be an real estate attorney or a CPA?

Any thoughts here will be helpful.

thank you in advance

Vijay

0 Votes
San Francisco, California