Converting an inherited house into a rental property

[Carl Woodley]

Eventually I'll be inherting my mother's house & property. I want to have the property make money so I don't have to soley rely on employment. I need guidance on how to go about doing this legally. I currently have no education on the matter and pursuing self education in addition to what ever help can be provided here. 

[Matthew W.]

@Carl Woodley welcome to BP. You've come to the right place to educate yourself on everything real estate related!

If you're inheriting the property and want to rent it out, you may want to consider putting ownership of the house into an LLC and/or getting an umbrella insurance policy.

You'll most likely want to get up to speed on the landlord laws that are in place for NJ.

Did you have any specific questions?