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Thread: New Purchase!

          
   
  1. #1
    MATTYLITE's Avatar
    MATTYLITE is offline Junior Member
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    Talking New Purchase!

    Hey everyone,

    I recently had the privilege of purchasing my first income property in the Santa Barbara area. Literally built last year, Tri-Plex. 1) two bedroom 2.5 bath, and 2) 1 bedroom/office, 1.5 baths. I thought i'd invest in something that would keep its value for years to come, instead of my dream car *cough* *cough* PETMAKO *cough* *cough*
    Hope you enjoy the picks, and yes that is my current DD "LilBeast" tucked away in its new garage!

    -MATTYLITE
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  2. #2
    Name Brand's Avatar
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    Congrats on the purchase. What area of SB is it located?

  3. #3
    Domesticdemon's Avatar
    Domesticdemon is offline Senior Member
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    Congrats! Keep up the good work and you'll have you're own PETMAKO soon enough.
    I don't know which is better getting paid or getting laid, all I know is while I'm doing one the others getting away.

  4. #4
    MarcNV is offline Senior Member
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    Congrats. Best of luck with the investment.
    gR3 Survivor
    gR2kx Survivor

  5. #5
    DLT's Avatar
    DLT
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    Looks cool, good luck!

  6. #6
    Zimnicki's Avatar
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    Thats so awesome, what are your plans with it? renting it out? just holding it? i buy and rent homes in winnipeg, and its a great market here. how is the market there?

  7. #7
    TurboBaron9's Avatar
    TurboBaron9 is offline Senior Member
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    looks really nice! good luck with it
    A successful man is someone who wakes up in the morning, goes to sleep at night, and does whatever makes him happy in between.

    Happiness is the only thing worth pursuing.


    A turbo, exhaust gasses go into the turbocharger and spin it, witchcraft happens and you go faster. - Jeremy Clarkson

  8. #8
    MATTYLITE's Avatar
    MATTYLITE is offline Junior Member
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    Quote Originally Posted by Name Brand View Post
    Congrats on the purchase. What area of SB is it located?
    its on the lower eastside
    Quote Originally Posted by Domesticdemon View Post
    Congrats! Keep up the good work and you'll have you're own PETMAKO soon enough.
    HAHA thanks, I appreciate it!

    Quote Originally Posted by marcrenonv View Post
    Congrats. Best of luck with the investment.
    Thank you kind sir!

    Quote Originally Posted by DLT View Post
    Looks cool, good luck!
    Thank you, Thank you!

    Quote Originally Posted by Zimnicki View Post
    Thats so awesome, what are your plans with it? renting it out? just holding it? i buy and rent homes in winnipeg, and its a great market here. how is the market there?
    ATM its fully rented, and since this is my first property, I think i'll hold on to it for quite some time
    Santa Barbara's market currently is holding well, it used to be far below avg. out here about 9 months ago, hence why I picked this beauty up.

    Quote Originally Posted by TurboBaron9 View Post
    looks really nice! good luck with it
    GRACIAS!

  9. #9
    JRDM is offline Senior Member
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    Congrats on the purchase
    :::Junior:::

  10. #10
    MrCarreraGTO's Avatar
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    Very nice
    I'm so far ahead of my time, I'm bout to start another life
    Look behind you, I'm bout to pass you twice
    Back to the future and gotta slow up for the present

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