The Big Break Show #78 The Growing Trend of ADUs: "That ADU Guy" Shares Building and Investing Strategies
In this episode, we sit down with Derek Sherrell, also known as "That ADU Guy." He is an expert in the field of accessory dwelling units (ADUs) and infill housing. He has been involved in the real estate industry for over 27 years and is passionate about helping people navigate the complexities of ADU development. He believes that ADUs can play a crucial role in addressing the housing crisis and creating more affordable housing options.
He shares some valuable insights into the world of accessory dwelling units (ADUs) and how they can be a profitable investment strategy. He emphasizes the importance of understanding local zoning codes and regulations before embarking on ADU development. He also discusses various financing options for ADU projects, including home equity loans, private money, and partnering with others. He highlights the need for patience and a long-term mindset when investing in ADUs, as the returns may take time to materialize. Overall, the episode is about practical advice and actionable steps for investors looking to capitalize on the growing trend of ADUs.
Key Takeaways:
- Understand local zoning codes and regulations before starting ADU development.
- Consider various financing options, such as home equity loans, private money, and partnerships.
- Have a long-term mindset and be patient, as ADU investments may take time to generate returns.
- Nurture relationships with planning and zoning officials to navigate the complexities of ADU development.
- Attend local meetups and network with experienced ADU investors to learn from their experiences.
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Connect with That ADU Guy!
- Instagram: @thataduguy
- Youtube: @ThatADUGuy
- https://thataduguy.com/
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