An ADU garage conversion can transform your extra space into a cash-flowing rental property in your own front or backyard. ADUs (accessory dwelling units) like this have become the norm in 2023 as home prices stay sky-high and permitting pains run rampant. The best part about this strategy? You can do it for FAR less than it would cost to buy another rental property, allowing you to take home more passive income without paying off a half-a-million-dollar mortgage.
If you want to know the right way to do a garage conversion ADU, Derek Sherrell, AKA “That ADU Guy,” is your man. He’s been building ADUs longer than almost anyone else and has the cost-saving tips and space-enhancing design you need to turn where you park your cars into a real rental property. We’ll tour Derek’s one-bedroom, one-bathroom, 500+ sq ft ADU and hear exactly how he built, designed, and budgeted for it.
What extra space could you turn into another passive income stream? Would you try your hand at a garage conversion? Let us know in the comments below!
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Watch Derek’s Full Interview on the BiggerPockets Podcast:
• Your Home's Hidden Pas...
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The Beginner’s Guide to ADU Investing (Accessory Dwelling Units):
• The Beginner's Guide t...
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What Exactly Is an Accessory Dwelling Unit?
www.biggerpockets.com/blog/ac...
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10 Things to Consider When Investing in Accessory Dwelling Units:
www.biggerpockets.com/blog/ac...
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Visit Derek’s Website to Learn More About ADUs:
thataduguy.com/
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Follow Derek on Instagram:
@thataduguy or / thataduguy
00:00 Saving Space in Your ADU
02:03 Cutting Down on Costs
03:25 Kitchen and Living Room
05:37 Bathroom
06:13 Bedroom
06:55 The Final Cost
31 июл 2024
