Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Jeff C.

Jeff C. has started 8 posts and replied 263 times.

Post: Need an Investor Offer

Jeff C.Posted
  • Real Estate Broker
  • Bakersfield, CA
  • Posts 269
  • Votes 597

Interested as well. PM me with the deal details.

Post: Investing in Bakersfield? Areas to avoid?

Jeff C.Posted
  • Real Estate Broker
  • Bakersfield, CA
  • Posts 269
  • Votes 597

Parts of East Bakersfield and Oildale are pretty rough. We do a lot of flips here and in some of these areas we have to have people stay in the properties until they're sold, as they'll get disassembled as fast as fast as we put them back together otherwise (this is an issue in Taft as well). These properties are also generally very old and many weren't of great quality in the first place. As an out of town owner who needs things to run on autopilot, if I were you I'd spend a little more and buy something of more modern construction in a better part of town. There's a big difference between nominal and actual returns, and that gap gets wider and wider the crappier the neighborhood gets. I do realize that many have made decent money at the very low end of the market, but that takes quite a strong stomach, and I believe also was a function of particular market conditions which aren't likely to exist again any time soon (IE these properties got absolutely crushed in the downturn of a decade ago and were picked up for a song. That isn't the situation now).

Post: Anyone investing in Bakersfield, CA

Jeff C.Posted
  • Real Estate Broker
  • Bakersfield, CA
  • Posts 269
  • Votes 597

I've done around 100 flip transactions in Bakersfield and surrounding cities. Happy to try to answer any more specific questions.