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Updated almost 2 years ago on . Most recent reply

User Stats

18
Posts
8
Votes
John Graves
  • Charleston SC
8
Votes |
18
Posts

Strategy Pivot Time!

John Graves
  • Charleston SC
Posted

Ok so the county shot my plan to rezone down. I’m on .33 of an acre instead of a .5 acre. Shocker I know. But I’m willing to pivot strats. 

I’ve got a huge 5 bed 2 bath house I live in alone. I don’t want to sell it. Just refied and took 100k out to power my next moves. 

Instead of splitting it into a duplex with an ADU attached to one and living in the ADU. Im looking at a mid term rental strat.

I was going to enclose the carport and live in it as the ADU. Rent the newly created duplex out.

Now I wonder if I should look at making the carport a finished garage instead, and building an ADU in the back yard to live in, while I rent the main house out either MTR or long term rental, leaning heavily to MTR.

Or would it be more advantageous to still make the carport the ADU. Costs would be lower for sure. But the added value of a finished garage + a separate ADU could make sense for the future equity.

Has anyone had to make this or a similar choice and what did you do, and why? 

I want to stay compliant with all zoning and county laws. I’m in a rural/residential zone.


Thanks in advance!

  • John Graves
  • Loading replies...