Thinking about investing in real estate beyond single-family homes? In this episode of the Kern County Real Estate Review, Laurie McCarty sits down with Marc Thurston of ASU Commercial—an expert in multi-family housing—to break down everything you need to know about this fast-evolving market.
From the differences between residential rentals and commercial multi-family properties to understanding cap rates, property classes, and risk factors, Marc offers valuable insight for both first-time investors and seasoned pros. You’ll learn how to evaluate whether a property is a good investment, the pros and cons of multi-family ownership, and how market trends, inflation, and shifting renter preferences are shaping opportunities right now.
Plus, Marc shares his thoughts on “house hacking,” the current state of Bakersfield’s rental market, and why mindset—scarcity vs. abundance—can make or break your real estate success.