Marc Thurston at ASU Commercial

Marc Thurston at ASU Commercial Kern County, California πŸ“
Multi-Family Real Estate Investing πŸ”‘ Devoted to Bakersfield's Multi-family Industry. Professional, Qualified and Knowledgeable.

The Multi-family Agent the Brokers use.

04/22/2025

πŸ“‰ Not every investment is a good oneβ€”trust me, I’ve learned the hard way. In 2007, I almost went all-in on a high-tech artificial foot. Problem? I knew zero about medical devices. Luckily, I pulled out in time… and saved a grand total of $5. πŸ€¦β€β™‚οΈ The real lesson? Stick to what you know. You don’t have to chase trends to build wealthβ€”just master the game you actually understand. πŸ’‘πŸ’

πŸ“πŸ’ When investing in multifamily properties, focus on locations near public transportation, schools, and amenities. Thes...
09/25/2024

πŸ“πŸ’ When investing in multifamily properties, focus on locations near public transportation, schools, and amenities. These sought-after areas attract high-quality tenants, command higher rents, and enjoy lower vacancy rates. This not only boosts your rental income but also enhances the long-term appreciation potential of your investment. πŸ“ˆβœ¨ Ready to make a smart investment? Let’s find the perfect location! πŸ’¬πŸ”‘

πŸ’‘πŸ’° Looking to maximize cash flow? Here are 3 things seasoned investors do to boost their returns...                     ...
09/18/2024

πŸ’‘πŸ’° Looking to maximize cash flow? Here are 3 things seasoned investors do to boost their returns...

Curious how property management affects your success as an investor? Effective property management is crucialβ€”it ensures...
09/11/2024

Curious how property management affects your success as an investor? Effective property management is crucialβ€”it ensures smooth operations, optimizes financial performance, and maintains property value. From handling tenant relations to overseeing maintenance and finances, the right management can drive your investment success. πŸ’ΌπŸ”‘

A 1031 exchange is a powerful tool for investors, allowing you to defer capital gains taxes when selling a multifamily p...
09/04/2024

A 1031 exchange is a powerful tool for investors, allowing you to defer capital gains taxes when selling a multifamily property, as long as you reinvest the proceeds into another like-kind property.

This strategy helps you grow your portfolio more efficiently by leveraging tax savings to acquire even more lucrative properties. πŸ“ˆπŸ’

Ready to make the most of your investments? Let’s explore how a 1031 exchange can benefit you! πŸ’¬βœ¨

Want to reduce property vacancy rates? Here are 3 key strategies to keep your units filled and your investment thriving!...
08/28/2024

Want to reduce property vacancy rates? Here are 3 key strategies to keep your units filled and your investment thriving! 🏑✨

When investing in multifamily real estate, focus on value-add opportunities! Look for properties that could benefit from...
08/21/2024

When investing in multifamily real estate, focus on value-add opportunities! Look for properties that could benefit from renovations or improvements. Upgrading units and common areas can significantly boost rent potential and property value, maximizing your return on investment and building equity faster. πŸ“ˆβœ¨

08/20/2024

Is month-to-month leasing a good idea? πŸ€”

The simple answer is – it depends! A long term lease is more predictable and can give you more security, but month-to-month leasing gives both you and your tenant more flexibility! 🀝

Planning to renovate your properties? Here’s what you need to consider before diving in! 🏑✨ From evaluating potential RO...
08/14/2024

Planning to renovate your properties? Here’s what you need to consider before diving in! 🏑✨ From evaluating potential ROI to understanding tenant impact and aligning with market demand, these key factors will help ensure a successful renovation. πŸ“ˆπŸ’‘ Ready to transform your property? Let’s make it happen! πŸ’ͺπŸΌπŸ”§

Curious about what seasoned investors always consider? Here are 3 crucial questions they always ask BEFORE making a deci...
08/07/2024

Curious about what seasoned investors always consider? Here are 3 crucial questions they always ask BEFORE making a decision! βœ…

Multifamily properties have historically proven to be one of the most stable and resilient real estate investment option...
07/31/2024

Multifamily properties have historically proven to be one of the most stable and resilient real estate investment options! πŸ“ˆπŸ”’

During economic downturns, the demand for rental housing often increases as people become more cautious about purchasing homes, opting instead to rent.

This shift can lead to higher occupancy rates and more reliable rental income for investors. Additionally, multifamily properties provide diversification within a single investment, as income is generated from multiple units rather than relying on a single tenant.

This stability and income consistency make multifamily investments a smart choice for those looking to secure their financial future, even during uncertain times. πŸ’ΌπŸ 

If you’re interested in exploring this stable investment avenue, let’s connect! πŸ’¬πŸ”‘

🚨 Avoid These Common Mistakes in Multifamily Real Estate Investing! πŸ’πŸ’‘ #1) Underestimating Expenses: New investors often...
07/17/2024

🚨 Avoid These Common Mistakes in Multifamily Real Estate Investing! πŸ’πŸ’‘

#1) Underestimating Expenses: New investors often overlook maintenance, property management fees, utilities, and unexpected repairs. Accurate budgeting is key to ensuring profitability and avoiding cash flow issues.

#2) Inadequate Due Diligence: Failing to thoroughly inspect property conditions, local market trends, and tenant histories can lead to costly surprises. Conduct thorough due diligence to make informed decisions and minimize risks.

#3) Overleveraging: Taking on excessive debt to finance a multifamily property can strain finances if rental income doesn't cover expenses. Maintain a balanced approach to debt and equity for long-term financial stability.

Don't let these pitfalls derail your investment journey! πŸ“ˆπŸ’Ό

Did you know? πŸ’πŸ’ΌInvesting in multifamily real estate not only provides a reliable source of rental income but also offer...
07/09/2024

Did you know? πŸ’πŸ’Ό

Investing in multifamily real estate not only provides a reliable source of rental income but also offers substantial tax advantages that can enhance your overall investment strategy. πŸ“Š

One of the key benefits is depreciation. Unlike other assets that typically lose value over time, real estate often appreciates while you can deduct its depreciation from your taxable income each year. This allows you to offset rental income and potentially reduce your tax liability. Additionally, mortgage interest deductions can further lower your taxable income, providing additional financial benefits.

Multifamily properties also offer economies of scale, spreading maintenance and management costs across multiple units. This efficiency can improve profitability compared to managing multiple single-family homes.

By leveraging these tax benefits and operational efficiencies, multifamily real estate investing becomes not just a source of income, but also a strategic tool for long-term wealth building and financial stability.

Explore the advantages of multifamily real estate for both passive income generation and smart tax planning in your investment portfolio! πŸ’°πŸ’‘

Why Real Estate Investing is Better than Stocks:Tangible Asset: Real estate provides a physical, tangible asset that you...
07/05/2024

Why Real Estate Investing is Better than Stocks:

Tangible Asset: Real estate provides a physical, tangible asset that you can see and manage, offering a sense of security and control that stocks lack. 🏑

Cash Flow: Rental properties can generate a steady monthly income through rent, providing a reliable cash flow, whereas stocks typically rely on dividends, which can be less predictable. πŸ’΅

Appreciation and Leverage: Real estate often appreciates over time, and you can leverage your investment by using mortgages to buy more properties, increasing your potential returns. πŸ“ˆ

Bakersfield is a GOLD MINE in the making compared to other hot California markets like Los Angeles, San Diego, and San F...
06/27/2024

Bakersfield is a GOLD MINE in the making compared to other hot California markets like Los Angeles, San Diego, and San Francisco. These are the reasons why you need to keep on your radar! πŸš¨πŸ’Έ

06/20/2024

Here are the essential elements to take into account when establishing rent price for your tenants... πŸ πŸ’°πŸ“ˆ

I'm sure you've seen that   is starting to crack down on landlords and multifamily investors. Here are the new policies ...
06/19/2024

I'm sure you've seen that is starting to crack down on landlords and multifamily investors. Here are the new policies to keep in mind! 🚨

πŸ“ˆπŸ’ Unlocking success in multifamily investing requires mastering three essential pillars:Understanding Market Dynamics: ...
06/12/2024

πŸ“ˆπŸ’ Unlocking success in multifamily investing requires mastering three essential pillars:

Understanding Market Dynamics: Stay ahead by getting familiar with market trends, demographics, and economic indicators. Knowledge of local demand drivers and supply constraints is paramount for making informed investment decisions.

Building Financial Acumen: Develop a keen understanding of financial metrics such as cap rates, cash-on-cash returns, and net operating income. Knowing how to analyze deals, mitigate risks, and optimize financing structures is crucial for maximizing returns and minimizing losses.

Leveraging Property Management Services: Efficient property management can make or break an investment. Partnering with reputable management firms streamlines operations, enhances tenant satisfaction, and maximizes property performance. Leveraging their expertise frees up time for investors to focus on strategic decision-making and portfolio growth.

Mastering these key areas empowers multifamily investors to navigate challenges, seize opportunities, and build sustainable wealth in the competitive real estate market.

Address

11601 Bolthouse Drive Suite 110
Bakersfield, CA
93311

Opening Hours

Monday 8am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm

Telephone

+16616163585

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