How do you get from your first yes to your first rental check? You’ve done your homework. You know your city has an ADU ordinance, and you have a copy of it. Your zoned home and and lot meets the criteria to purchase your ADU. So what’s next? Let’s start right here.

There are so many “solutions” floating around out there that make some pretty astounding claims when it comes to additional income. You have everything from makeup to essential oils to Ponzi schemes. Let’s go through what an ADU is- and isn’t.

ADUs are surging through the housing market as a great option for homeowners to not only have additional income from short or long term tenants, but, as millions of baby boomers move into retirement and age, ADUs present a unique way for homeowners to have additional housing for an elderly family member.

Appraisals can be intimidating in and of themselves. However, when it’s for an Accessory Dwelling Unit, or ADU it’s a completely new learning curve. Because ADUs are still a relatively new trend, the regulatory bodies are still catching up and creating new market standards for this process. There are, however, some key points that most appraisers would agree upon, so we’ll go over those with you.

House hacking is a phrase for the strategy of generating income from your residence capable of offsetting your monthly housing expenses. This is turning the creepy basement into an apartment and renting it. House hacking, done well, turns the nightmare of housing expenses into a vacation daydream- Taos, Puerto Rico, Disneyland?