I'll leave one word for prospective landlords (ADU or otherwise) ---- location. Location is everything when it comes to planning. Location of the build will be a major determinant of costs. Location of the property will determine who will be the renters and the market they create will determine how successful business it will be as a rental property. Sidenote: If one designs a residence for a non-paying relative, then it is not a busoness and plan for losses.
Your information is always on point. I have an investor who had some of these questions, I'm so glad I didn't answer until I seen this video. Great stuff...
I agree, I have made this kind of mistake... Built an ADU thinking I would rent 2 rooms and the kitchen would be a common area...wrong!!! I changed my mind but it's ok live and learn...in California it's not hard to rent a place.
You need to clarify that 80% return at the end. I get it but im a landlord/contractor/builder. A more clear explanation of the realist return with a loan which is what most people do.
Question I have couple residential properties one is in H1 zone and the other is in a commercial zoning with a separated 500 square feet Gargage the county is not allowing me to add ADUs to these properties.
You can ask the state to look at your case using the HCD's website: calhcd.service-now.com/csp?id=csm_sc_cat_item_public&sys_id=19d0846297794910edea398c1253af2a
Stanislaus county the county should not matter majority of ADU ordinances are usually adopted by local jurisdiction, but it's sad that local jurisdiction don't know themselves.
I am about to finish building my Jr. ADU (garage conversion) and moving towards my backyard for my stand alone ADU. I can fit 1100 sq ft... but I might settle for 750 sq ft 2 bedrooms, 1 bathroom house.
Nice! Sounds like you're ready for a free call with Andy or somebody from the Realm team (sponsored). They'll help you estimate costs and rent rates for the big house and JADU!
The creative 2-micro unit ADU 🏠 I've seen these, can't say where, however, I want you to imagine.... ☑ A 750-sq ft 2-bed 2 small bath 🚽🚽 ADU ( It must be at least 600-sqft for this 2-micro units to work ) ☑ ADU of course has the main entrance, and a sliding Glassdoor on the other end ( Aka 2nd unit entry ) ☑ Only one small kitchen is shown on Final Inspection..... Then after inspection the Disney💕✍ design begins This would take say the avg. 750-sqft ADU from paying $1,900 per month to it now getting $2,800 per month
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I'll leave one word for prospective landlords (ADU or otherwise) ---- location. Location is everything when it comes to planning. Location of the build will be a major determinant of costs. Location of the property will determine who will be the renters and the market they create will determine how successful business it will be as a rental property. Sidenote: If one designs a residence for a non-paying relative, then it is not a busoness and plan for losses.
Andy is amazing. I signed up with realm 1.5yrs ago and they have had my best interest in mind.
Love to hear it!
Your information is always on point. I have an investor who had some of these questions, I'm so glad I didn't answer until I seen this video. Great stuff...
Thanks for watching and sharing the knowledge :)
Good video How to ADU! Keep it up!
I agree, I have made this kind of mistake... Built an ADU thinking I would rent 2 rooms and the kitchen would be a common area...wrong!!! I changed my mind but it's ok live and learn...in California it's not hard to rent a place.
Excellent advice and interview😊
You need to clarify that 80% return at the end. I get it but im a landlord/contractor/builder.
A more clear explanation of the realist return with a loan which is what most people do.
Question I have couple residential properties one is in H1 zone and the other is in a commercial zoning with a separated 500 square feet Gargage the county is not allowing me to add ADUs to
these properties.
LA county?
You can ask the state to look at your case using the HCD's website: calhcd.service-now.com/csp?id=csm_sc_cat_item_public&sys_id=19d0846297794910edea398c1253af2a
Stanislaus county the county should not matter majority of ADU ordinances are usually adopted by local jurisdiction, but it's sad that local jurisdiction don't know themselves.
Do you have a video on site plans?
How much to add an upper floor to a 1500 single story?
Do you know a good ADU project in San Jose Santa Clara County?
No one mentions the parking! If you do t have parking spaces you will get very lil or non return!
And higher turnover. Great point
I am about to finish building my Jr. ADU (garage conversion) and moving towards my backyard for my stand alone ADU. I can fit 1100 sq ft... but I might settle for 750 sq ft 2 bedrooms, 1 bathroom house.
Nice! Sounds like you're ready for a free call with Andy or somebody from the Realm team (sponsored). They'll help you estimate costs and rent rates for the big house and JADU!
Hey @HowtoAdu , do you know when the 2024 application will open?
Applications for what?
Versatility is the key
Love it! I've never been a housing provider myself so I'm learning when I do interviews like this
Do ADUs in California need a fire exit door in bedroom?
Egress window which I believe is 5.5 sf
The creative 2-micro unit ADU 🏠
I've seen these, can't say where, however, I want you to imagine....
☑ A 750-sq ft 2-bed 2 small bath 🚽🚽 ADU ( It must be at least 600-sqft for this 2-micro units to work )
☑ ADU of course has the main entrance, and a sliding Glassdoor on the other end ( Aka 2nd unit entry )
☑ Only one small kitchen is shown on Final Inspection..... Then after inspection the Disney💕✍ design begins
This would take say the avg. 750-sqft ADU from paying $1,900 per month to it now getting $2,800 per month
I won’t tell if you don’t tell. 😅
Hey @HowToAdu! I am @EcoSolarUSA
May I Inquire About Setting Up An Interview With You?
We Are A Local Solar Panel Energy Systems Provider!
Please Get Back To Me @ Your Convenience