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6 January 2025 | 8 replies
And as investors we should know this, but always anticipate higher costs and longer waits.EXAMPLE Breakdown of Costs:Plan Purchase: $1,500Permitting Fees: $2,500-7,500Site Preparation (grading, utilities, foundation): $20,000–$30,000ADUs require separate utility connections for water, electricity, and sewer but you can tap into existing utilities at the primary houseIn Raleigh you CANNOT split lots fee simple, so setting up completely separate utilities would not allow you to section off the ADU as of nowYour ADU must be on a permanent foundation (no wheels, no ability to move the structure)Construction (labor and materials): $100,000–$150,000Low-grade: $150–$180/sq ft averageMid-grade: $180–$220/sq ft averageHigh-end: $220–$250/sq ft averageLandscaping/Finishing Touches: $5,000Total Estimated Cost: $125,000–$200,000You could easily spend $200k+ with super end high finishes, custom designs, complicated sitework, adding a second story or more sqft, etc.
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3 January 2025 | 7 replies
would love to see if we can work together, I use a couple of PML but always open to adding more to the roster
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4 January 2025 | 0 replies
I'm not sure that I really added alot of value.
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31 December 2024 | 2 replies
have you considered facebook ads?
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1 January 2025 | 4 replies
Aside from what everyone else wrote, note that adding units require various steps that you may not have considered (e.g., adding a new street address with USPS, etc.).
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3 January 2025 | 14 replies
They even added a small “welcome basket” with loccal treats, and guests loved the personal touch.. it became one of their most mentioned features in reviews!
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13 February 2025 | 95 replies
Their ads sounded like it was an education session with a meet and greet -- no sales pitches.
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2 January 2025 | 13 replies
Used to see him and his ads all over.
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11 January 2025 | 19 replies
I added a pool and did some landscaping and have been using it as a family winter retreat and renting it to a STR operator the rest of the year.
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8 January 2025 | 29 replies
There are a few markets in the US where you are forced to look outside like LA, SF, NYC, Boston etc, but even for Chicago investors it does not make sense to invest in Milwaukee due to the added cost and complexity