San Jose, CA - Accessory Dwelling Units (ADU) Meet-up

[Stephen Patton]

Wanted to connect with BiggerPocket members who are located in San Jose and actively interested to build and invest in Accessory Dwelling Units (ADU) as an affordable rental option. Due to the cost of living crunch, San Jose and many other California Cities have relaxed the planning requirements for Accessory Dwelling Units (ADU). The Benefits of San Jose's ADU Program

• Create more affordable housing opportunities
• Provide an income opportunity for homeowners (Rentals)
• Provide housing to extended family members or disabled persons
• Promote infill development without significant change to a neighborhood's character; and
• Encourage the use of public transportation.
• Single-family lots that are 3,000 square feet or greater may qualify.

This is a group for anyone (homeowners, investors, and builders) interested in these changes in ADU rules. Looking forward to exploring the world of ADU Investing with everyone. Please feel free to connect and comment.

[Gary F.]

https://www.biggerpockets.com/forums/548-californi...

Here's a good ongoing post I started quite awhile back. ADUs are a great way to invest, right in your own backyard, literally. 

Have you built one already? I'm looking to do mine sometime in 2019. Prices keep going up and the darn tarriffs arent helping. But for cash flow and adding equity, if you can hold it, its going to likely be better than many other investments.