ADU's - Interested in Meeting for Coffee?

[Mike Akerly]

I am interested in connecting with one or more people are are currently research and/or building ADU's for investment. Our goal is to become an expert on ADU's and the sub-topics that relate to them. Current financing available, construction costs and how to reduce them, appraisal trends, best practices when building on investment properties, rental values, design trends, how to minimize the construction time, ideal target markets, which city's DOB's are helpful and which aren't, preferred vendors, etc. I also have a couple great ideas up my sleeve that I would be happy to share with this proposed group, but that I won't be posting on any blog! Please reach out if you are interested in meeting up. I'm based in OC and regularly work in LA as well.

About Me:  13 years in real estate, licensed attorney and broker, executive at major real estate firm, consultant on large scale residential projects in markets from NYC to Phoenix to LA. I'm less experienced in personal investing, but certainly not new either. I've been a landlord twice in the past (sold those properties) and currently am buying my second investment property in SoCal (first is in Inglewood). Planning to ramp that investment business up now with a specialty in ADU development and have started to explore relationships to do so including a family member that owns a successful general contracting business and others with capital to invest.

I'm hoping to find other people that bring something to the table and are actively trying to learn the playing field for ADU development under the new laws. Maybe we could meet for coffee every couple of months to share and discuss.