Lessons learned

We hired a property management company, but eventually took it in-house. “That was a really big mistake,” Wasserman recounts. “ My wife and I were going up on weekends to rent units. We don’t really speak Spanish so we often relied on Google Translate to speak with potential tenants. We quickly realized that we weren’t the right people to manage those properties so we eventually sold those assets, too.”

Bakersfield taught them some important lessons:

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