How To Build An Accessory Dwelling Unit (Adu)
Published 9/2023
MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz
Language: English | Size: 434.65 MB | Duration: 0h 45m
Published 9/2023
MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz
Language: English | Size: 434.65 MB | Duration: 0h 45m
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