The Best Way to Invest in Real Estate | Infill Housing with ADU | Part 3
We are one week closer to building our new detached ADU!
The intent of this series is to share our favorite real estate investing strategy. We call it infill housing. We buy old houses, fix them up, rent them out and then build new detached units in the back yard. Consider it the BRRRR strategy with a new build added on. Think Build BRRRR.
For more detailed instructions on this exact build, view the series below.
How To Build an ADU with Cost Breakdown
View the entire series here:
• How To Build an ADU
ADU Essentials
Derek's 2023 Shopping Guide:
thataduguy.com/wp-content/upl...
How To Build a Loft Ladder: • How To Build A Custom ...
Thank you for your emails, DM, comments and calls asking for longer videos with more detail. I plan to share progress every week as we build in real time.
Look for property value others can not see. Be creative, consider land hacking.
Follow along for all things ADU. This really is the most affordable housing option in most cases.
I always tell people to consume the free information out there, it just takes more time. Most of what I do is open source and free for the taking. If you need one-on-one time with me, you can schedule a call at thatADUguy.com.
If you are a first time buyer looking to get on the property ladder, my time is free for you! Just send me an email or comment below.
#adu #adutour #diy #tinyhouse #thatADUguy
Remember to keep it simple.
Anyone can do this. You just need the right instruction, the right tools and the right mindset. Follow along here and check out thatADUguy.com for more ADU ideas and Q & A.
About That ADU Guy
Derek Sherrell is a real estate investor, ADU coach, and endurance athlete with 30 years experience in the building trade.
Derek’s videos are all about the process of making home ownership affordable using the ADU strategy. In these short clips, he explains how to get started and offers money-saving tips you can use. Over time, he’ll walk you through the steps of how to plan, design, finance, and build ADUs (also known as granny flats, guest homes, cottages, casitas, or in-law units)
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Follow @ThatADUguy on Instagram: / thataduguy
Contact Derek:
(541) 238-7073
Пікірлер: 11
Thanks for your support, all the time!
❤
Im curious why fabric was not stapled to the framing to form voids for the insulation before applying the drywall?
@ThatADUGuy
4 ай бұрын
We only used blown it at areas withdrywall. The open bays got standard fiherglass batts.
Do you need to a licensed general contractor personally to be able to own these properties and do the work like you are along with the sub contracting?
@ThatADUGuy
4 ай бұрын
Good question. Depends on your area/state. In Oregon you can run the job without a GC licence as long as you own it and do not indend to sell. Always check your local rules though.
I’m trying to understand your reasoning for the garage vs additional living space: I know you said it’s value-add to tenants, but couldn’t you get more yield by having an additional unit back there?
@ThatADUGuy
3 ай бұрын
Hi! yes, higher yield for sure, but trying to fill the need of live work space for other creative people in town.
What are the 6 contractors you recommend hiring out? What lrice per sqft do you pay for drywall installed and textured?
@ThatADUGuy
4 ай бұрын
Rough plumbing, rough eleltrical, hvac, insulation, drywall, concrete. We pay aroud $1.50 sf for drywall.
@AberrantArt
4 ай бұрын
@ThatADUGuy thanks for the reply! Good to know. I was trying to use a cost per installed sheet of drywall but it's hard to quickly estimate. The cost per sqft helps a lot