All Forum Posts by: Amber Smith

What type of commercial property is it? Retail, office space, etc?

Bakersfield is a great area to invest in CA. It's one of the few markets in CA that is still affordable for homebuyers, profitable for investors while still providing solid appreciation in property values. I'm an investor and realtor here and would be happy to answer any questions you have. Ill PM you.

I buy in Bakersfield and own a 4-plex in Taft. There are a lot of investors looking for properties in Bakersfield, so you would have no problem finding cash buyers. I've had a few clients buy in Palmdale & Fresno; those are very popular markets as well. Taft is a bit trickier as it is somewhat isolated from the larger towns surrounding it. The population is much lower & therefore jobs are not as abundant. In my experience with Taft, the deal has to be really good and the discount significant enough to justify buying in Taft vs neighboring Bakersfield. Im not super familiar with Hemet or 29 Palms, so I can only give my 2 cents on the towns I mentioned. But if you start finding deals in Bakersfield let me know, Im always looking. Good luck!

I have rentals in Bakersfield and Taft (45 min southwest of Bakersfield) and have never had issues finding tenants, even before the Covid rental price boom. The only problem I have is that many of my tenants are long term and therefor are paying under-market rents. With the CA rent cap it's going to take some time to get them up to market with yearly rent increases.

@Jorge Herrera Do you already have a property in place? My dad and I flip houses and we do all the work ourselves. He's done several remodels for investors in town so Id be happy to send you his info!

Hi Vianey, I sent you a pm and would be happy to help! I started investing in multi units in 2016 and eventually expanded into flips until getting my RE license in 2018. I still invest and manage my own properties and as an agent I primarily work with investors since I have been on the other side of things and know what to look for and how to find what's right for each buyer. Let me know if you have any questions!

You’re welcome, anytime! 

They look great, Peter! You guys did a great job!

I’d be happy to help you! I started out as an investor myself in 2014 & I primarily work with other investors. I’ll pm you my info.