Hi, I'm Darren Tsai. I am a licensed real estate agent and mortgage loan originator in California. I created this channel to educate and share my experiences in Real Estate & Mortgage.
Whether you're a new real estate agent, a first-time home buyer, real estate investor, or getting started in real estate, I hope my content provides you value.
If you want to hear some real estate stories and current real estate topics, make sure to subscribe and hit that notification bell. Get ready to learn and have some fun on your real estate journey!
@@krazayladayk I never used Chamberlin so I can't speak on it. I've only used colibri and passed my sales person and loan originator license on first try with their products. Tsai45 - is a discount code that will give you 45% off. FULL DISCLAIMER, that's an affiliate link so I do get a small portion from any sale from that link.
Thank you for this video! Very detailed and broke down your timeline in a very easy to understand way. And the costs, thanks for including it, hope it's still that cheap when I build one
Everyone asks me where to get test questions (35+ States!) Here is a link to the test questions that I used to pass: colibri-real-estate.pxf.io/4PXqYn Can also use code: Tsai45 (45% OFF!) (Full transparency - this is an affiliate link so if you sign up here, I make a few dollars) Thanks for the support and COMMENT AFTER YOU PASS!!
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Everyone asks me where to get test questions (35+ States!) Here is a link to the test questions that I used to pass: colibri-real-estate.pxf.io/4PXqYn Can also use code: Tsai45 (45% OFF!) (Full transparency - this is an affiliate link so if you sign up here, I make a few dollars) Thanks for the support and COMMENT AFTER YOU PASS!!
TLDR: Yes but it can't be a fancy one. straight from the DRE Website: The only materials or devices, other than those furnished by the Department, that an examinee may use during the course of the examination are pencils and slide rules or silent, battery-operated, electronic, pocket-sized calculators which are non-programmable, do not have a print-out capability, or an alphabetic keyboard.
There may be a few. Less than a handful. The math shouldn't be crazy either. Maybe something like calculate 5% of $250,000. When you take your test, give us an update!
Thanks for making this video. It really helped me get a better understanding of the CA ADU process/timeline. We have 3.5 acres in Nor Cal and the property is sloped. We wanted to have a manufactured home delivered to speed things up but the slopes and powerlines prevented that. We need to build the ADU onsite like you did. Because we're out in the country, we also have to have a new septic system installed. I haven't been able to get a straight answer on actual timelines and costs so this helped a lot. In our County they offer some free pre-approved plans but not sure I like them. I wish your contractor was local because it sounds like your project went pretty smoothly. Thanks again for putting this info together.
Congrats on owning 3.5 acres!! that's amazing. My understanding talking to contractors and homeowners (no actual personal experience) is that the foundation work + earth work (site prep) is a huge cost for building on a slope. The architect/designer and engineer will have a big part in the success of your project because of those foundation calculations too. Best of luck with your project!
I live in San Diego County and I'm almost two years into the permit process for a 50x32 empty metal prefabricated building. I'm at $65k for the building, $25k for assembly, $40k for the concrete, $20k for "fire abatement" levied by the county, and a little over $20k for the permit and associated cost (meaning they made me pay for engineers to verify the original engineers and other cost). $40k just for the stuff that the county wants is just insane considering the original engineer had to be CA certified and his plans had the CA seal of approval on it. The system is broke. I'm at $170k and I still need to pay the city to install water lines to support the fire suppression system.
Also what will you do when you rent your ADU and then right after that person moves in your neighbor decides to build a ADU bothering your tenant for the next year? Would you let them break the lease and move out?
They have ready made Tiny homes for less then the cost of building an ADU. I saw a 320sqft one for about $40k total. Why not just go with that to save $$ and avoid loud construction?
Have you gone through the process & willing to share your experience? My understanding is even with the tiny homes, you still need site prep (which is construction) and a contractor to do the install.
@@b12345bb It does seem simpler. After researching for my specific scenario, it wasn't. I would have had to still hire GC to help with site prep and then Crane the small home into my yard. Also, there are a lot of "tiny home builder" companies going bankrupt right now....
Everyone asks me where to get test questions (35+ States!) Here is a link to the test questions that I used to pass: colibri-real-estate.pxf.io/4PXqYn Can also use code: Tsai45 (45% OFF!) (Full transparency - this is an affiliate link so if you sign up here, I make a few dollars) Thanks for the support and COMMENT AFTER YOU PASS!!
Hi Darren! I always watch your videos, and thank you I like your pronunciation and explanation, Why? Because my first language is Spanish and Real Estate vocabulary has been a challenge for me. THANK YOU AGAIN! I would like to see a video about your beginnings as an real estate agent and what did you need to be an MLO. 😊
Was the solar system included in the $285K price? How about A/C and heating? Were they included as well? Did you have a scheduled timeline? And did you act as your own general contractor?
Solar & AC and heating - yes. Solar was not included in the bid. My GC had a rough scheduled timeline. No I was not my own GC. I recommend getting a GC so they can manage subs & inspections.
Super helpful! Was thinking of building ADU unit as well! Curious why you didn’t do one of those already built ADU? Also how did you decide 3/2 bedroom is the right size/clientele you were renting out?
We designed with family in mind first. We did a 3 bed 3 bath with a tub downstairs for families kids. And then upstairs two primary suites with their own bathrooms for convenience. I read too many vendor issues with already built and cost was going to be more per sqft for the modular & prebuilt ADU. Still need to hire contractor for site prep & install. I think They would have had to crane the unit in too.
Thank you for sharing your experience! I just got my license and have been watching your previous videos on test prep, ADU... etc. I'm also in OC and I used to live in SD. We are neighbors! :-)
@@DarrenTsai_ RE business is more complicated than I originally thought. My main job is a piano instructor, but have always had interest in the RE field. As an empty nester, I thought this would be a great time to try this out. Scary, daunting, exciting, are just a few words to describe how things are going. Haha! Thanks for asking.
@@OutfitsFromMyCloset yea, there is quite a bit more that goes into real estate than most people guess. You will do great because you have experience as an educator!
how does that impact your address like splitting out utilities (water/electricity/etc) or entrance to the adu? same for property taxes. do you get a separate bill or is does your property get re-assessed?
Hi Darren, just found your channel. Could you introduce me to your architect. We're wanting to build an ADU at home in San Diego. Already confirmed feasibility and got survey. Just need ADU plans. We have a very clear idea of what we want. Just need someone to draft and help get approved. How can I connect with you?
Sorry my friend you paid way to much unless it's very elaborate ...the material are usually about 20% of a 200 sf to build. If you have time and ability to do 75% of work far far less
luckily you did not get scammed by that tiny homes company; the story is the bond for them was only 25k and they took 100's of thousands from ppl and 4mil debt then filed for bankruptcy.
