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Are you thinking about managing your rental properties on your own? If you’re an investor or considering becoming one, you should know that California’s real estate laws are complex and ever-changing. One misstep can lead to serious problems, and there are rules and procedures that must be followed.
So, if you plan to self-manage, here’s what you should know first.
Limitations of DIY or AI solutions. I know AI tools like ChatGPT can be helpful in many ways, but when it comes to legal issues or managing tenants, they’re not always reliable. Sometimes they even make up case law or provide guidance that isn’t correct. That’s why trying to handle everything on your own or relying on AI alone can put you at risk.
Benefits of hiring a property management company. A good property management company knows the local laws inside and out. They can help you price your property correctly for rent, prepare the right contracts, and guide you through any tough situations with tenants. Having someone knowledgeable on your side means you don’t have to second-guess yourself or worry about making costly mistakes.
Choosing the right property management partner. If you’re considering property management, we have a team we trust and work with. Karen Gordon is a fantastic advocate for property owners, and she can help set you up for success. Having someone like her in your corner makes the process much smoother and gives you confidence that you’re handling things correctly.
If you’re ready to make sure your investments are set up for success, our team would be honored to help you along the way. Just call or text (209) 834-2680, email ron@homebuyersrealty.com, or visit sellwithronandeva.com. We’ll make sure you’re protected and guided through the complexities of being a landlord.
