How To Build An Accessory Dwelling Unit (Adu)

Learning what and how to build units on your property from ideation to construction completion… and beyond

What you'll learn

Estimate the costs, revenue, and return on investment from an ADU

Vet contractors, architects and their bids

Understand what you can and can't build on your property based on permit and mortgage guidelines

Prevent mistakes and pitfalls

Understand the likely timeline and set proper expectations for construction complettion

Strategically plan your property for 1, 10 and 20 years out

How to accommodate building for family members to create a fair multigenerational legacy

Understand the pros and cons of stick-build construction, factory built ADUs and Tiny Homes

Requirements

No experience needed

Description

Whether you're just getting started or stuck mid-process, California's top ADU lender will teach you how to build your Accessory Dwelling Unit (ADU), optimize return on investment, and create multi-generational wealth while avoiding the mistakes, pitfalls and bad contractors that can cost you the biggest investment of your life: your home. You will learn:What you CAN build on your property according to state laws, local permit rules, and Federal Mortgage guidelinesHow to estimate construction costsConstruction loan options and strategies to avoid being crushed by a loanMonthly payments vs rental income, including spreadsheets that do the calculations for youDifferent loan strategies to achieve your goalsHow to vet contractors and their bids, including sample contractors, lingo, etc. Includes sample bids we like and example of contract language to avoid.Stick-build vs factory-built optionsExtra monthly costsRent vs sell your ADUTimelines and step-by-step instructions including formsGovernment incentives (free money) to encourage you to build housingWhy ADUs now and how governments plan to get out of this housing crisisThis course is not long, but it will provide the information and confidence to get started on building multigenerational wealth and a legacy for your family. Best of all, instead of working for your house, now your house is working for you!

Overview

Section 1: Introduction

Lecture 1 Introduction!

Section 2: Lecture 2: Steps to Build Your ADU

Lecture 2 The Big Picture

Section 3: Lecture 3: Permit rules i.e. What am I allowed to build?

Lecture 3 What can I build on my property?

Section 4: Lecture 4: Mortgage rules on ADU construction

Lecture 4 Mortgage rules on ADU construction

Section 5: Lecture 5: How much do ADUs Cost to Build? What is the Monthly Payment?

Lecture 5 How much do ADUs cost to build? And what is the monthly payment?

Lecture 6 Monthly payment?

Section 6: Lecture 6: Potential Income and/or Revenue from an ADU

Lecture 7 Potential Income and/or Revenue from an ADU

Section 7: Lecture 7: Loan options and strategies to inexpensively finance the construction

Lecture 8 Loan Options and Strategies

Section 8: Lecture 8: Big Picture and Timeline to Build Your ADU

Lecture 9 ADU Timeline

Section 9: Lecture 9: Know Your Numbers

Lecture 10 Know your Numbers

Section 10: Lecture 10: While you're at it… Masterplan Your Property

Lecture 11 Masterplanning Your Property

Section 11: Lecture 11: ADUs for Family Members

Lecture 12 ADUs for Family Members

Section 12: Lecture 12: Additional Monthly Costs

Lecture 13 Additional Monthly Costs

Lecture 14 Homeowner's Insurance

Section 13: Lecture 13: Incentives (Free Money) to Build ADUs

Lecture 15 Incentives (free money) to Build ADUs

Section 14: Lecture 14: Evaluating Constrators and Bids

Lecture 16 Evaluating Contractors and Bids

Section 15: Lecture 15: Value Engineering Your Build

Lecture 17 Value Engineering Your Build

Section 16: Lecture 16: Factory Built Homes

Lecture 18 Factory Built Homes

Lecture 19 Factory Built Homes 2

Section 17: Lecture 17: Get moving now!

Lecture 20 Get Moving Now!

Anyone on their ADU journey