All Forum Posts by: Baird King

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]

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.

@Valerie Menke @Sean Alexander @Marco Felix @Laura Kinney @Allen Maris @Jenner Wiggins @Nico Pollero @Blake H. @Ethan Shultz @Mary Jo Matsumoto @Hannah Atkinson @Jayla Siciliano @Darryl Mimick @Lucas Martinez @John Duston @Logan Liddel @Laird Riddell @Trenton Luera @Gianfranco Bonometti @Daniel Gomez @Justin Gullock @Zachary Moore @Shannel Lee @Alan DeRossett @Kevin Aranha @Spencer Cole @Kyle West @Shyd Coloma @Johnny Reber @Keith Renno @Alex Bekeza @ALEX Odhiambo @Claire Vaccaro @Tommy Mckeown  

****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]

Quote from @Claire Vaccaro:

Quote from @Baird King:

UPDATE: we are inside (just to the right as you enter main doors). There is an event in the courtyard.

 I’m bummed I missed this event! I came down with a terrible cold! Hope to make it next time!!!

 Sorry to hear Claire. Hope you are feeling better and that we see you at the next one.

Quote from @Brandon Beardt:

Quote from @Baird King:

Please join us for the 12th 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 me 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: we have started an email list to supplement these BP event notifications. If you would like to be included on the list to receive future invitations via email, please direct message me your email address.

 Hi Baird,

Can you please add me to the email list for future events? I'm moving up there in about a month or so and would like to join!

 You got it @Brandon Beardt! Shoot me your email when you have a chance too and I'll add you to the email list.  Hope to see you at the next event.

UPDATE: we are inside (just to the right as you enter main doors). There is an event in the courtyard.

@Alex Bekeza - got you added to the email list for future events.  Hope to see you Thursday!

@ALEX Odhiambo

Sure thing @Claire Vaccaro.  Shoot me your email address and I'll forward you the invite.  Hope to see you there.