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All Forum Posts by: Baird King

Baird King has started 51 posts and replied 217 times.

Post: Santa Barbara Informal Meetup # 15

Baird King
Pro Member
Posted
  • Investor
  • Santa Barbara & Ventura
  • Posts 218
  • Votes 62

Another great meeting last night! Love how this group is snowballing.  Looking forward to next month already.

Post: Santa Barbara Informal Meetup # 15

Baird King
Pro Member
Posted
  • Investor
  • Santa Barbara & Ventura
  • Posts 218
  • Votes 62
Quote from @Jason Quisberth:

I'm stopping by today ~615!


 Awesome meeting you Jason.  Exciting to hear about your plans!  Hope to see you at the next one and don't hesitate to reach out if I can help at all.

Post: Santa Barbara Informal Meetup # 15

Baird King
Pro Member
Posted
  • Investor
  • Santa Barbara & Ventura
  • Posts 218
  • Votes 62

Join us for the 15th Santa Barbara real estate investor meetup. We are a group of folks from all experience levels who share an interest in real estate investing. This informal monthly event provides an opportunity to get together and share stories, experiences, leads, etc. Whether you have only just started dreaming of your first property, or just closed on your 100th, we look forward to having you join.

Please RSVP here and post a response if you plan on joining so we know who to look out for. Give Baird a call or text at 805-705-5667 if you have any questions or have trouble finding us at the event. We typically set up in the outside area to the left of the taproom as you are facing the entrance.

NOTE: If you would like to be included on the list to receive future invitations via email, please direct message me your email address and keep an eye out for emails from [email protected].

Post: Santa Barbara Investor Meetup # 14

Baird King
Pro Member
Posted
  • Investor
  • Santa Barbara & Ventura
  • Posts 218
  • Votes 62

Love the energy last night!  Great seeing everyone who made it out.  Really looking forward to the next one. Mark your calendars for 9/15.

Post: Santa Barbara Investor Meetup # 14

Baird King
Pro Member
Posted
  • Investor
  • Santa Barbara & Ventura
  • Posts 218
  • Votes 62

Join us for the 14th Santa Barbara real estate investor meetup. We are a group of folks from all experience levels who share an interest in real estate investing. This informal monthly event provides an opportunity to get together and share stories, experiences, leads, etc. Whether you have only just started dreaming of your first property, or just closed on your 100th, we look forward to having you join.

Please RSVP here and post a response if you plan on joining so we know who to look out for. Give Baird a call or text at 805-705-5667 if you have any questions or have trouble finding us at the event. We always set up in the outside area to the left of the taproom as you are facing the entrance.

NOTE: If you would like to be included on the list to receive future invitations via email, please direct message me your email address and keep an eye out for emails from [email protected]

Post: House Hacking the Santa Barbara County area

Baird King
Pro Member
Posted
  • Investor
  • Santa Barbara & Ventura
  • Posts 218
  • Votes 62
Quote from @Denver Chavez:

Hi BP community!

Does anyone have any experience house hacking the Santa Barbara area? Such a premium and overpriced area seems like it would be difficult to offset what a mortgage would cost, in this current market. However, I'm curious if anyone has had any success in the surrounding markets like Buellton, Solvang, or Carpinteria.

Any tips or shared experiences would be greatly appreciated. Thanks!

Hi Denver. My wife and are living in a house hack here in downtown SB. We converted the detached garage into a one bedroom ADU when we purchased the property in 2020. We now live in the ADU and rent out the front 2 bed 1 bath which covers 85% of the mortgage, and they are getting a screaming deal. We love our tenants, but if they left, we could get pretty close to our full mortgage payment covered with the front unit alone. If we lived in the front with a roommate and rented the ADU, our whole mortgage would be covered, no problem. Of course we got our place at a great time, but I would say with some creativity, you shouldn’t have a problem finding a property you could house hack that would cover your mortgage after some work and potentially a year or two of raising rents. All depends on how close quarters you are willing to live in with others.

We are just about to move to our new duplex in Ventura to rehab and do the same thing we did with our SB property. I am pretty certain we will be covering 75% of our mortgage by renting out one unit at that property immediately following rehab. 

 
Hope this helps.

Post: Santa Barbara Informal Investor Meetup #13

Baird King
Pro Member
Posted
  • Investor
  • Santa Barbara & Ventura
  • Posts 218
  • Votes 62

****NEWS: We will be reserving space in the back of the patio moving forward so, 1 - we don't run into the event issue we had last time, and 2 - so it is easier to find us :-).  As always, call/text Baird at 805-705-5667 if you don't see us.  Also please make sure to check the event post and/or email each month as the location may change if Topa has an event, or just for fun; but the space will always be reserved.****

Please join us for the 13th informal Santa Barbara real estate investor meetup. We are a group of folks of all experience levels who share an interest in real estate investing. This event gives us an opportunity to get together and share stories, experiences, leads, etc. Whether you have only just started dreaming of your first property, or just closed on your 100th, we look forward to having you join.

Please RSVP here and post a response if you plan on joining so we know who to look out for. Give Baird a call or text at 805-705-5667 if you have any questions or have trouble finding us at the event. We always set up in the outside area to the left of the taproom as you are facing the entrance.

NOTE: If you would like to be included on the list to receive future invitations via email, please direct message me your email address and keep an eye out for emails from [email protected]