Has anybody done separate electric meters for an ADU. I believe there were some post several years back. Have one of the tenants that is not willing to pay their share because they don’t think it’s fair. Eviction woul...

So, your prediction that there would be at least $20k more if everything is included should be accurate.The reason for choosing a JADU is that converting the garage into an ADU would require a separate laundry setup and an additional electrical panel in the main house, which would increase the renovation costs for the main house itself.

Cash Flow: Older Property: Yes, an older home might need costly repairs down the road, such as roofing, plumbing, or electrical upgrades.

Plumbing roofing electrical hvac water heater everything is new so Im not expecting nothing major for at least 5 years.

Each unit has its own electric panel, gas meter, furnace, water meter.

Originally posted by @Jay Hinrichs:@Ben Leybovich  I bought an X as well.. doors are worked out .. awesome car.. dual electric family  Good for you!

The plan was to complete flooring, electrical upgrades, new kitchen and bathroom, exterior fascia work, and some new windows, with a target listing date of June 15th.Update (5/12/24):The property has been stabilized since June 1st of the previous year with great tenants in place.

Being a very handy person and an engineer, I feel confident that I will catch all issues.For example, I just noticed that I have a couple of loose electrical outlets.

Electrical panel/updating wiring throughout house3.

Ideally, they have experience with electrical, HVAC, plumbing and management.