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Updated almost 7 years ago on . Most recent reply
Anyone active in Santa Barbara, CA?
Looking for any Santa Barbara (or nearby) BP folks who have any kind of experience to share (especially with house hacking or new ADUs). Have listened to BP podcasts and other financial independence materials but pretty much new to the real estate game.
Considering purchasing first property as primary residence but uncomfortable thinking I'm wasting my resources just because this is the only area I know! Eager to take action (house hack) though conscious that there are not "deals" in a market like Santa Barbara. Am I correct to be apprehensive of my steps? Is my only option to get familiar with other areas to live in (at least while house hacking)?
Any sincere suggestions for nearby or comparatively desirable areas of growth to consider?
Thanks in advance!
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@Emi M. Welcome to BP! I live here in SB but invest in Vermont, where I'm originally from. I know the market there and have my father as a trusted property manager, so it's worked well for me. I know others here who have invested in Vegas too.
There's a monthly REIA meeting, I believe it was at Fess Parker last time I attended. You can find it through Meetup.com. Very informative and lots of contacts - I would definitely recommend it.
- Tom