All Forum Posts by: Baird King

@Carl N. - Thanks very much for the tips.  I especially love the last one; it's amazing how connected everyone is here in SB.  We made our first deal work here in SB and have loved the experience.  Since then, the skyrocketing market has directed our efforts to Ventura and out of state.  We will still keep our eyes and ears open here in SB for anything that might pop up.  I also like what you said about the 154 and SB9/10. We have toyed with some options up off East/West Camino Cielo but not since the bills passed.  Curious - do you live here as well or do you invest from a distance?  I am always curious to hear investor's stories who choose Santa Barbara. 

Great! Sounds like you guys are “on”. Sorry to have to miss this one but looking forward to seeing everyone in January.

@Laird Riddell - great news. So far you and @Gianfranco Bonometti are the only two to respond so I suggest you two check in with each other to confirm before hand unless others reply here.  

Gianfranco's cell is 805-335-2191.

My wife and I purchased a property in Santa Barbara with a permitted 520 sq ft "detached bedroom" in June 2020 and immediately started the process of converting it to an ADU. It took us 5 months just to get the ADU permit. We busted the renovation out in one month and had someone in there by mid-December. Even with an existing wet bar and 1/2 bath, the conversation still cost us about ~$40k with us doing much of the work. Our planners said it was the cheapest and fastest ADU conversion they had seen. So yeah, not a speedy or cheap process. It worked out well for us though! If a property comes with a partially finished, detached unit, I would say it is worthwhile. Building from scratch or converting an unfinished garage could be great options, but you better really know what you are doing and be prepared for a long, expensive endeavor.

Hey folks.  I unfortunately may not be able to attend this event due to a potential last-minute work trip to Kansas City.  @Gianfranco Bonometti has generously volunteered to be the point of contact for those attending.  Since schedules can be a bit less certain surrounding the holidays, could those of you planning on attending please leave a note here, or reach out to Gianfranco directly to confirm?  Also, please check back here for updates prior to the event in case we need to cancel it due to low attendance.  Thanks!  

Great turnout last night! Let's keep up the energy and momentum.  The next event is scheduled for Thursday, December 16th.  See event page below for details.

https://www.biggerpockets.com/...

@Trenton Luera 

@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 

This is the sixth Santa Barbara Real Estate Investment meetup in this series and the last one in 2021. It is an informal opportunity to sit down with others who share your excitement for real estate investing. Our attendees range from energetic novices just getting into the game, to seasoned investors who have been at it for decades. Please message me or shoot me a text/call at 585-305-7605 if you have any questions. Hope to see you there!

@Lucas Martinez - this will be the next one at Topa Topa on Nov 18th.  The December meetup will be Thurs Dec 16th.  I'll post that event after the Nov meetup.  Hope you can join!

@Rohme Williams - hope you can join this Thursday!