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13 January 2019 | 41 replies
Not only are R-5 properties zoned for duplexes they are also zoned for accessory dwelling units which means if you find a place with a large enough lot you cant turn a single family home to a duplex AND build another house up to 750sq ft on the same lot. thats Three Units on the same lot!
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17 January 2021 | 12 replies
Allow me to explain.ADU's are known to be a pretty popular housing accessory in California.
9 February 2023 | 3 replies
Hello,I own a home in Westchester NY that has an accessory dwelling unit which is a small apartment above the detached garage.
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11 September 2022 | 71 replies
These are my accessory thoughts: Is the market going to drop more and I lose more equity ?
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10 October 2022 | 27 replies
The dwelling unit and any bedroom(s) rented to overnight lodgers shall be within the main building of the dwelling unit that the owner occupies as his/her primary residence and shall not be in a detached accessory building; b.
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2 February 2023 | 2 replies
(landlord regs, construction quality, financing, MLS issues, not-so-common common practices) A few personal examples:-upstate NY: purchase prices too low for a bank to lend on-central TX: foundation settling in almost every property-San antonio TX: non-permitted accessory dwelling units-Cleveland OH: is every property locked up by a wholesaler?
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7 February 2023 | 21 replies
I have heard mixed answers to the question of if I build these two accessory units, will I have to use commercial finance going forward, and or will this limit my buyer pool to those with commercial lending?
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1 December 2014 | 21 replies
. ;-) While we have shorter terms, we also have lower interest rates (we just renewed a 5-year variable residential mortgage at 2.4%)I speculate that the tenancy towards accessory apartments by Income Property is because the show is aimed at homeowners, not investors/land lords.
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6 December 2017 | 5 replies
As one means to try and add to units to the housing market the State of CA now allows for "Accessory Dwelling Units" (ADU's) in many places.An ADU is a secondary dwelling unit with complete independent living facilities for one or more personsand generally takes three forms: Detached: The unit is separated from the primary structure Attached: The unit is attached to the primary structure Repurposed Existing Space: Space (e.g., master bedroom) within the primary residence isconverted into an independent living unit Junior Accessory Dwelling Units: Similar to re-purposed space with various streamlining measuresThe rules around ADU's can vary from city to city but in general ADU's are allowed in many zoning districts that are zoned single-family; they are often exempt from many Planning Dept requirements for parking, open space, etc; they often have a streamlined permitting process and typically cost less than building new rent-able square footage.I am interested in getting involved in this type of investing/improvements and would very much like to connect with others who are as well.
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16 January 2023 | 1 reply
When I was in college I would flip cars and car / truck performance accessories from junk yard and list them on Ebay and Craigs list.I own a sign company also and $5K for that business is not enough to do anything, with equipment...