Accessory Dwelling Unit (ADU)
Grow Your Rental Income with ADUs
What if you could increase your rental income without buying a new investment property? What if you could add units to your current property, attract new residents, and manage the project seamlessly and cost-effectively? ADUs are a great way to add rentable units to your existing property quickly and without breaking the bank.
ADU stands for Accessory Dwelling Unit. They’re sometimes called granny or in-law units. Depending on local permits, they can be up to 1,200 sq. ft. and can be built on single-family or multi-family residential buildings. An ADU is required to provide facilities for living, sleeping, eating, cooking, and sanitation.
With some relatively simple changes, you could transform unused spaces around your property into ADUs or split existing units into 2 or more ADUs, depending on size.
What is an ADU?
How to Get Started
-
Step 1: Identify a space or location to build or remodel your ADU
-
Step 2: Check with all local, state, and federal laws governing ADUs to make sure your project is in compliance.
-
Step 3: Construction. Choose an experienced resource to help bring your project to life.
-
Step 4: Rent your new ADU building at market value to see the highest ROI
Timeline Pre-Construction & Construction
(Based on the Scope of Two ADUs)
Feasibility Study (With Industry-Leading Architects)
One-week
Budget & Return Summary
One-week
Design & Construction
Two-months
Premit Process
Three-months
Construction
Six-months