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Updated about 5 years ago, 12/21/2019
House Hacking with an ADU / In-law suite
Good Morning Everyone!!
Last year my wife and I purchased our forever home, this was before I found the BiggerPockets website and since then I'm looking at our forever home through a different lens. We have a 5 bed / 3 bath with an attached 2 car garage; there is also a detached 3 car garage. One of my ideas to get my feet wet into real estate investing is build an ADU / In-Law suite in about half of that detached garage. The ADU would have its own driveway, and back yard that is already partition with a lattice fence. My biggest concern is having my wife only a few yards away from a rental property.
Does anyone have any experience or advice with a rental ADU?
Would the ADU increase property value or is the detached garage more appealing to buyers?
Thanks,
Brett