Investors focus on adding Accessory Dwelling Units (ADUs) to increase income streams.

Hi real estate friends,My wife and I recently bought our first home in Co springs area close to garden of the gods and other attractions in the area. to no surprise our interest rate is a whooping 7.1%, the main house has 4 - BD 2 B. our mortgage is $4009. the property we bought has an attached dwelling unit on the side of it, completely independent from the main unit we live in, we are currently renting it out for 2 years for a tenant for $1545, It has one bedroom one bath.My question is what are some ways to scale especially since in the current market (is kind of almost impossible)?

Good Day all,I have a property in Macon GA , a 1/4 acre of land with a house and a shed (brick foundation, wooden frame).  I'm considering converting the shed into a DADU to maximize the use of the space and earn some...

The current use of the property as a two-family dwelling significantly impacts its value and marketability, which is distinct from single-family homes.The initial appraisal comparing your property to single-family homes is likely an oversight, as multifamily properties are evaluated differently due to factors like rental income potential and investor interest.

Quote from @Brian Koons: Constructing an Accessory Dwelling Unit (ADU) in Southern California is a smart move, especially in a highly desirable neighborhood.

That said, I personally don't think $22K/yr gross x 6 separate dwellings are good numbers for an $800,000 investment, not to mention costs for furnishings and such.

Except in very specific markets, condos are a vastly inferior investment to a stand-alone dwelling.

If the former, note per Union City Rent Stabilization ordinance (https://ecode360.com/15397000 is a slightly outdated version), "the terms of this chapter apply to individual dwelling units within a building, including condominium or cooperative units in the process of being converted, or having been converted".

Any information about land in reference to developing townhomes would be helpful ThanksWhen it comes to Build-to-Rent (BTR) townhome developments, which fall into the larger category of rental housing that is rapidly expanding, there are a few important considerations:Typical Density: A common density for BTR projects is around 8 dwelling units per acre.

@Rick Albert   I may get a lot of push back from the team but I split my utilities on my ADU the conventional way....each dwelling has its own meter for water, electric and gas.