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Updated about 5 years ago,
Bakersfield, CA rental market
Hi Everyone,
Does anyone have any recent experience with the real estate market in Bakersfield, CA.
I was reading a Bakersfield BP discussion thread from 3 years ago. Someone warned about overinflated prices and higher vacancy being an issue with layoffs related to the oil market.
I live in California and it's impossible to find cash flow positive properties via MLS. Bakersfield's numbers at least work out if the down payment is high enough (25-30%).
I'd love to hear everyone's opinions and experience with pricing and the rental market in Bakersfield.
Thanks