All Forum Posts by: Jenny Kim

Hi @Mohit Madaan

The drought is a problem throughout California, but I think the farmlands are doing the major water pumping from underground causing the land to sink, which is why the story focuses on San Joaquin County.  But all areas have infrastructure problems.  This one just caught my attention.  

So . . . I just saw a news story this morning about how San Joaquin County is sinking.  Because of the drought in California, water is being pumped from really deep underground in order to supply water to the farms.  As a result, the land is sinking about 1 foot a year.  

I have been thinking about investing in this area, but I am concerned about deteriorating infrastructure and long term property value.

Here's the story

http://www.cbsnews.com/videos/why-parched-californ...

Thanks for the tip @Romel Aquino.  I have been listening to the podcasts, but I have been jumping around.  Not really a good idea.  I can't always remember what I have or have not listened to.  But I will definitely check out shows 61 and 62.

I have not really thought about AirBnB for the Santa Clarita area @James Davis, but I will look into it.  Does your friend AirBnB regularly, or was it a one time thing?  I'm wondering how consistently they would be able to rent it out.  

I'm re-posting for Jayden, since I didn't know how to use the tagging system the first time. 

Someone else was telling me about Stockton. I have been looking into it, and the stuff I have read on Wikipedia is a little scary. What should I look for when I vet neighborhoods.

Thanks for the advice @Account Closed!  I will definitely check it out!!

Thanks for the heads up @Bob H.. I heard that Chicago has higher property taxes too.  This message was meant for you!

Actually, @Account Closed what I meant to say was I am excited about traveling somewhere to look around.  I hope to not run into any gang-bangers.  Thanks!

Thanks for the heads up @Account Closed.  I heard that Chicago has higher property taxes too.

Hi @Ali Boone.  Stevenson Ranch is in Santa Clarita!  SoCal is definitely pricier.  It would be nice to find something in Chicago.  But I am definitely keeping all my options open!  Thanks for the encouragement.  This will be a great journey!