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All Forum Posts by: Baird King

Baird King has started 55 posts and replied 225 times.

Post: Santa Barbara Informal Meetup # 19

Baird King
Posted
  • Investor
  • Santa Barbara & Ventura
  • Posts 227
  • Votes 65

Post: Santa Barbara Informal Meetup # 19

Baird King
Posted
  • Investor
  • Santa Barbara & Ventura
  • Posts 227
  • Votes 65
Quote from @Griffin Wilde Cardew:

My guy!  See you tomorrow Baird


 Yeah Griffin! Looking forward to it.

Post: Santa Barbara Informal Meetup # 19

Baird King
Posted
  • Investor
  • Santa Barbara & Ventura
  • Posts 227
  • Votes 65

Post: Santa Barbara Informal Meetup # 19

Baird King
Posted
  • Investor
  • Santa Barbara & Ventura
  • Posts 227
  • Votes 65

Post: Santa Barbara Informal Meetup # 19

Baird King
Posted
  • Investor
  • Santa Barbara & Ventura
  • Posts 227
  • Votes 65

Post: Has anyone ever House Hacked in Southern California

Baird King
Posted
  • Investor
  • Santa Barbara & Ventura
  • Posts 227
  • Votes 65

Hey Miguel. I'm on my second house hack. Both duplexes with stand-alone houses. First was Santa Barbara (purchased in 2020). Rented out the smaller unit for about 60% of the mortgage then moved into the small unit and rented out the bigger unit for 80% of the mortgage. We since moved and turned the small unit into a furnished 30-day rental (not regulated as an STR in any market unless regulated by an HOA; at least to my knowledge). Now the small unit covers 80+% of the mortgage and with the LTR rents in the front unit, the property is a Cashflow King.

We currently live in a duplex in Ventura that we purchased July 2022. We are living in the smaller of two units that we rehabbed first while we fix up the larger unit. Once that is finished (end of this month), we will move into the larger unit and rent out the smaller as an STR. Ventura is pretty relaxed on STRs 😊. We conservatively expect the STR income from the smaller unit to cover the mortgage, but there is a good chance it will do better than that. I should say that the both properties needed major rehab work. Always happy to discuss further. Best of luck!

Post: Santa Barbara Informal Meetup # 19

Baird King
Posted
  • Investor
  • Santa Barbara & Ventura
  • Posts 227
  • Votes 65

Join us for the 19th 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 informal monthly event provides an opportunity to get together and share stories, experiences, leads, etc. Whether you have only started dreaming of your first property, or just closed on your 100th; whether you invest out of state, or keep it local, 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 (best to call if the event has already started as its easy to miss texts). 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 Informal Meetup # 18

Baird King
Posted
  • Investor
  • Santa Barbara & Ventura
  • Posts 227
  • Votes 65