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Updated over 8 years ago on . Most recent reply

User Stats

21
Posts
5
Votes
Leah Fisch
  • Long Island, NY
5
Votes |
21
Posts

What to prepare for closing on a rental property

Leah Fisch
  • Long Island, NY
Posted

I'm about to close on my very first rental property and would love feedback/advice on how to prepare to ensure nothing is missed.

Here's what I have so far:

  • Created LLC
  • Bank account in name of LLC
  • Property Manager lined up
  • Attorney handling legal documents/aspect
  • Insurance discussions in progress

Is there anything else?

And on a total unrelated note. Is there a 'dress code' for closings? I'm totally planning to show up in 'nice' jeans/t-shirt/sneakers

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