ADU/JADU - CA2020 YAY or NAY?

[Steven Hong]

Hello BP!

First post yayy :)

With the new SB bills that recently passed in California. Seems like a good play on ADU/+JADU? A lot of upside from what I've gathered.

What are my investors in CA thoughts about this?

I am highly considering expanding one of my SFR.

With my set up. I am able to add 1200 (ADU) + 500sq (JADU)

Expecting this would Cost me about 250k which would Generate about $3000-$3300 monthly not including the main house which currently rents for $2500.

Seems like a no brainer however I’m also interested in out of state markets.

What would you do?

All comments are appreciated!

[Jo-Ann Lapin]

It all depends on your location . If you feel that the area will be stable I’m the future then it sounds like it at be a keeper . Also hard to advise when we don’t know what kind of debt is on your subject ?