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All Forum Posts by: Michael Steele

Michael Steele has started 3 posts and replied 9 times.

Post: Investing in California

Michael SteelePosted
  • Realtor
  • Chino Hills, CA
  • Posts 10
  • Votes 1

@Sanjeev Advani thank you so much for your response. I’m sorry to get back to you so late, I’ve been trying to figure out the website and just saw your message the other day. I was hoping to get an idea of the status of the Bakersfield market lately and see if there is anyone who has had experience with owning rentals in the area. We’re looking to invest in some property, and with family in town, we thought it might be a good place to start just in case we need someone to check in on things. I’m pretty new to this and would love any insight you have. Thank you.

Post: Investing in California

Michael SteelePosted
  • Realtor
  • Chino Hills, CA
  • Posts 10
  • Votes 1

@Gene Hacker thank you so much for your response. I’m sorry to just now get back to you, but I’m new to Bigger Pockets and I’m just figuring out how to manage the ins and outs of the site. I appreciate the add as well, it would be great to have a professional to consult with about RE matters. Thank you.

Post: Investing in California

Michael SteelePosted
  • Realtor
  • Chino Hills, CA
  • Posts 10
  • Votes 1

Looking for anyone who has experience with the Bakersfield market in California.

Post: Vacant lots and land

Michael SteelePosted
  • Realtor
  • Chino Hills, CA
  • Posts 10
  • Votes 1

@Hai Loc thanks man, yeah that’s exactly what I was kind of thinking already. This land isn’t this cheap for a reason, so thanks for giving me an idea of why. I will definitely put a little more thought into anything that I decide to purchase. I appreciate your insight.

Post: Vacant lots and land

Michael SteelePosted
  • Realtor
  • Chino Hills, CA
  • Posts 10
  • Votes 1

@Brett Peters thanks man, those are some good things to think about. I’m aware of the issue with water and sewer, it seems like most of this land isn’t hooked up. The Perc test is something I didn’t know about, thanks for your help. I appreciate it.

Post: Vacant lots and land

Michael SteelePosted
  • Realtor
  • Chino Hills, CA
  • Posts 10
  • Votes 1

@Seth Williams thank you. Yes, I’ve been looking at city planning and development to see what the plans are for next decade or so. Those are some good details to look into. I appreciate your insight.

Post: Vacant lots and land

Michael SteelePosted
  • Realtor
  • Chino Hills, CA
  • Posts 10
  • Votes 1

Curious about buying vacant lots and land in hopes that they appreciate or that the city or someone wishes to develop them. I was wondering what people’s experience has been with this and whether it’s a good investment?

Post: Any landlords out there? Tenant smells gas, wyd?

Michael SteelePosted
  • Realtor
  • Chino Hills, CA
  • Posts 10
  • Votes 1

My wife and I are renting, we have a 4 month old, and just recently have started running the heater out here in California. We smelled gas, turned it off. Tried again later, still smelled gas, called our landlord who’s sketchy boyfriend does all the handyman work and repairs. He came out and waved a detector in front of the vents and said you’re okay. Turned heater on again after he left, still smelled gas, wife called gas company, they came out and fixed some other things and said they can’t repair a few of the things due to liability , now our landlord is upset and has to have a third party come out to fix. How is this our fault? We will do all that is necessary to take care of our family.

Post: Buying first property.. single family or multi-family?

Michael SteelePosted
  • Realtor
  • Chino Hills, CA
  • Posts 10
  • Votes 1

@Justin Hayden

My wife and I are in the same position spot as you guys. We’re thinking multi family as well. Are you looking in state or out of state?