New Landlord: Help!? Best leasing agreements: California

[Richard Swift]

Hi all of BP,

I own two homes, in Sacramento, California, and I just finished rehab on both. I've been doing a "live in" rehab for a year now, and I'm finally finished. I'm excited to start my land lording journey, but I have a few questions. I'm leaning towards managing the units myself, so I'm guessing my next step is to draw up a lease agreement before posting up ads for my units.

I have a few questions for the experienced landlords and RE pros:

1. Should I look into property management to manage my units? or,

2. Should I learn to self manage, and if so, what's the best lease agreement for California, and why?

Your experience and response is greatly appreciated. Thanks guys,

Cheers,

Richard

[Chad Hale]

If managing yourself, I’d suggest using California Apartment Association forms.  A little bit of money for good forms that are being kept up to date.