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How to Build an Accessory Dwelling Unit (ADU)
Rating: 4.6 out of 5(10 ratings)
44 students

How to Build an Accessory Dwelling Unit (ADU)

Learning what and how to build units on your property from ideation to construction completion... and beyond
Created byMeredith Munger
Last updated 8/2023
English

What you'll learn

  • Estimate the costs, revenue, and return on investment from an ADU
  • Vet contractors, architects and their bids
  • Understand what you can and can't build on your property based on permit and mortgage guidelines
  • Prevent mistakes and pitfalls
  • Understand the likely timeline and set proper expectations for construction complettion
  • Strategically plan your property for 1, 10 and 20 years out
  • How to accommodate building for family members to create a fair multigenerational legacy
  • Understand the pros and cons of stick-build construction, factory built ADUs and Tiny Homes

Course content

17 sections20 lectures44m total length
  • Introduction!0:34

Requirements

  • No experience needed

Description

Whether you're just getting started or stuck mid-process, California's top ADU lender will teach you how to build your Accessory Dwelling Unit (ADU), optimize return on investment, and create multi-generational wealth while avoiding the mistakes, pitfalls and bad contractors that can cost you the biggest investment of your life: your home. You will learn:

  1. What you CAN build on your property according to state laws, local permit rules, and Federal Mortgage guidelines

  2. How to estimate construction costs

  3. Construction loan options and strategies to avoid being crushed by a loan

  4. Monthly payments vs rental income, including spreadsheets that do the calculations for you

  5. Different loan strategies to achieve your goals

  6. How to vet contractors and their bids, including sample contractors, lingo, etc. Includes sample bids we like and example of contract language to avoid.

  7. Stick-build vs factory-built options

  8. Extra monthly costs

  9. Rent vs sell your ADU

  10. Timelines and step-by-step instructions including forms

  11. Government incentives (free money) to encourage you to build housing

  12. Why ADUs now and how governments plan to get out of this housing crisis

This course is not long, but it will provide the information and confidence to get started on building multigenerational wealth and a legacy for your family. Best of all, instead of working for your house, now your house is working for you!

Who this course is for:

  • Anyone on their ADU journey