Local Resources for Owners and Investors in Arcadia

If you’re a rental property owner or a real estate investor in Arcadia, it’s not always clear where you should turn when you have a question or need some support. 

Real estate investing can feel extremely solitary, and while independence is absolutely necessary in order to succeed, you also want to make sure you have the resources you need to make good decisions and avoid expensive mistakes. 

You don’t have to do everything on your own. There are plenty of resources available to help you, and we’d like to start by offering our own. As experienced property managers in Arcadia, we can help you identify opportunities, find and place qualified tenants, and enjoy a profitable and stress-free rental experience. 

Here are some of the other local resources you should know about.

Community Resources and Associations

Arcadia has a growing community of property owners, investors, and real estate professionals. Joining local associations and participating in organizations can help you expand your network, learn from experts, and get advice on how to improve the management of your properties. Some of the popular property owner associations in Arcadia include the California Association of REALTORS®, Greater Los Angeles Real Estate Investors Association, Arcadia Association of Realtors, and Apartment Owner Association. There are also a number of smaller, hyper-local investment groups that are always welcoming new members. 

You want to make sure you join organizations and associations that are specific to Arcadia residential property management, too. We highly recommend you consider membership in the National Association of Residential Property Managers (NARPM). Their website is www.narpm.org, and this national organization holds conferences, classes, and events, and puts people in touch with professionals who can help them learn more and grow their real estate investment businesses. There’s also a local Los Angeles chapter of this association.

Maintenance Resources for Rental Property Owners in Arcadia

Maintenance resources will be especially important.

Even if your rental property is new and well-maintained, you’re likely to need a drywall expert or a plumber or a roofer at some point. There will be emergencies when you least expect them. Make sure you gather those resources before you need them, otherwise you could be scrambling to find an electrician when suddenly none of the outlets in your rental property work or a plumber when the water heater explodes in the middle of a long weekend. 

You can leverage the maintenance and vendor relationships that your property manager has, but if you’re self-managing or particular about the professionals who work on your property, you’ll want to establish your own list of preferred contacts. Get referrals from property managers, contractors, and other investors. Develop relationships and make sure that your property is a priority for the service providers you keep close. 

Protect Yourself and Gather Legal Resources

California, as you certainly must know, has numerous tenant protections in place. You’ll need to understand how to navigate all the legal issues related to Arcadia leasing and management. Look for resources that help with:

• Lease enforcement and rent collection.
• Eviction, particularly just cause eviction.
• Section 8 tenants and fair housing.
• Rent control.
• Security deposit limits

You’ll need a legal expert who is familiar with landlord and tenant law as well as real estate law. 

These are just a few of the resources we can suggest to you. If you’d like to hear more, please don’t hesitate to contact us at ZenPro Property Management.