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When two friends go missing back-to-back, and in between their disappearances, a third friend is murdered, their mothers begin their own investigation. As the connections between the three cases are explored, the mothers navigate devastating twists and turns, including one revelation that shakes the community to its core. Hosted on Acast. See acast.com/privacy for more information.
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Notorious Bakersfield

Robert Petersen

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Notorious Bakersfield is a podcast that steps back in time to look at some of Bakersfield's most notorious crimes, events, and characters that have impacted this Central California Valley community.
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When listening to the Bakersfield Three podcast, did you ever find yourself wanting to put a face to the voice of the people you're listening to? Well, now you can. We've created the Bakersfield Three podcast on YouTube, a visual guide to the story. You'll see the photos of the people you're listening to speak, and see some other case visuals descr…
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Private Mortgage Insurance Myths Reputation can be a challenging thing. I have found, through many conversations with clients over the years, that Private Mortgage Insurance (PMI) has a questionable reputation with home buyers in general and investors in particular. However, much of its reputation is based on half-truths, bad information, lies, and…
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Warning - Risks of Neighborhood Decline When Investing in Real Estate Everything in life has risks. Not investing adds certain types of risks, while investing adds other risks. One risk that some real estate investors face is the possibility that the neighborhood they're investing in will decline, causing values and/or rents to drop. So, how do we …
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How to Analyze a Duplex Some real estate investors are sensitive to their ability to get ten 30-year fixed rate financing loans and would prefer to fill those loan spots with larger purchases than just single family rental homes. One way to do that is to buy more expensive properties like duplexes, triplexes or fourplexes. In this class, James will…
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Send Robert a Text! When a couple was attacked by two chimpanzees in Havilah, the news media consistently referred to the location as "near Bakersfield". Even though the attack didn't happen here, Bakersfield will forever be linked to this 2005 attack of the killer chimps. Notorious Bakersfield: The Book is available for purchase! Order your copy h…
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How to Calculate PMI If you're a house hacker, Nomad™, investor buying properties with less than 20% down, or buying creatively where the seller has PMI, you'll want to make sure you know how to analyze deals that have Private Mortgage Insurance. In this mini-class, James will cover how to analyze deals that have PMI, with an emphasis on doing it u…
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Send Robert a Text! In this episode, Notorious Bakersfield covers a chilling story that unfolded in 2013, shedding light on the Murphy family's harrowing ordeal with mental illness and its tragic consequences. Despite the disturbing nature of the events, it's a tale that warrants attention, as it highlights the complexities and challenges of dealin…
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In many cases—not all, but many cases—real estate investors can speed up the time it takes to become financially independent by choosing to pay off the mortgages on their properties early. Sometimes it makes sense to take every extra dollar beyond a healthy amount of reserves and aggressively pay off properties as quickly as possible. Other times, …
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Deal Alchemy™ - Residential vs Commercial Property Deal Alchemy™ is all about manipulating the returns you're earning on your investments. Often, this is done through the choices we make when selecting the investment property and the strategies we choose to implement. For example, you could choose to invest in residential properties where your tena…
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Warning - Risks of Loan Called Due When Investing in Real Estate Investing in real estate adds some risk to an already risk-filled life. However, certain activities and strategies when investing in real estate create additional risks that other strategies and activities do not have. For example, choosing to utilize strategies where the lender has t…
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How to Analyze Buying a Rental Property at a Discount in Bakersfield Some real estate investors insist on only buying properties where they can purchase them at a significant discount. While not mutually exclusive, other investors insist on buying quality properties at a fair price as long as it gets them their desired returns and will stand the te…
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Send Robert a Text! This week marks the 25th anniversary of Tina Blunt's homicide. At the time of her death, Tina left behind two teenage children to mourn her loss. If you have any information regarding her still unsolved case, please call the Bakersfeild Police Department at 661-327-7111. Notorious Bakersfield: The Book is available for purchase!…
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How to Calculate PMI If you're planning to buy a property and put less than 20% down, you're likely to be required to pay Private Mortgage Insurance. Lenders prefer that you put at least 20% down, but if you insist on putting less than 20% down, they may still make the loan. However, they will usually do so at a slightly higher mortgage interest ra…
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There are a large number of investing strategies you could pursue as a real estate investor: Nomad™, house hacking, fix and flip, buying 20% down rentals, buying 25% down rentals, saving up to buy free and clear rentals and many, many more options. Which is the best? Which gets you to financial independence fastest? Which gives you the highest net …
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Deal Alchemy™ - Increasing Down Payment There are four primary returns from investing in rental properties: appreciation, cash flow, debt paydown, and the tax benefits of depreciation. Additionally, there is a secondary return in the form of the interest earned on the reserves required to make the investment in the first place. Many real estate inv…
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Warning - Risks of Rental Property Expenses When Investing in Real Estate Risk is all around us. When we choose to invest in anything, we’re choosing to take on the additional risk characteristics of that investment. For example, when we choose to invest in real estate, we choose to take on the risk characteristics of the specific real estate inves…
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How to Analyze a New Construction Single-Family Home Property in Bakersfield Your ability to analyze deals is arguably the most important skill as a real estate investor. It allows you to make smart investment decisions and helps you avoid making career-ending bad decisions, such as buying cash-flowing-sucking vampire properties. In this class, Jam…
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The 3 Strategies to Pay Private Mortgage Insurance (PMI) Whether they're putting 15% down and buying a non-owner-occupied property or utilizing an owner-occupied loan with 0%, 3%, 3.5%, or 5% down for Nomading™ or house hacking, some real estate investors will choose to put less than 20% down. With the decision to put less than 20% down comes the c…
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Investing in real estate is full of truthy-sounding falsehoods: it is always better to do X than Y. However, if you were crazy enough to sit down and do the math, you'd find the truth to be much more nuanced. For example, should you take all your extra cash flow and savings and apply it to your mortgages each month to pay off rental properties fast…
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Send Robert a Text! This episode takes an in-depth look at the 1998 homicide of elementary school principal Kathleen Heisey. The case remains unsolved, leaving questions and speculations about the killer's identity. Notorious Bakersfield: The Book is available for purchase! Order your copy here: https://a.co/d/3b1jj4F…
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Deal Alchemy™ - Cash Flow to Debt Paydown There are four primary returns from investing in rental properties: appreciation, cash flow, debt paydown, and the tax benefits of depreciation. Additionally, there is a secondary return in the form of the interest earned on the reserves required to make the investment in the first place. Many real estate i…
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