Discussion
First rental is closing in a few weeks and it comes with a permitted basement apartment, separate entrance off the side yard, own kitchen, shared laundry in the mechanical room. I…
Discussion
I have a paid-off three bedroom rental on a 7,200 square foot lot in a permissive jurisdiction, renting at $1,850. I also have about $190k of cash that has to go somewhere this ye…
Discussion
Numbers on a build I've been scoping, and I want someone to tell me what's wrong with them. Lot is mine, primary residence, no mortgage constraint issue. Detached 640 sq ft one be…
From the desk:
First real project and I'm probably out of my depth, which is why I'm posting the actual contract terms. Detached 800 sq ft, two bedroom, site built not prefab. $212,000 fixed pri…
From the desk:
I own a three bedroom house on a lot that has an unusually deep backyard, and the whole reason I bought it four years ago was that someone told me I could put a small unit back th…
Discussion
Reading through three different ordinances in my metro and the thing that keeps changing the math isn't setbacks or size caps, it's the owner-occupancy condition. Two of the three…
Discussion
Detached 700 sq ft going behind the house, plans are close to done. The electrician priced a second electric service and meter at about $9,000 including the trench and a new subpa…
From the desk:
My crew does light framing and finish work and over the last two years we've been pulled into ADU work as a sub on detached builds. I've got two running right now for the same GC…
Discussion
I read the county code three times because I assumed I'd misread it. The accessory dwelling standards say maximum floor area is the lesser of 800 square feet or 50 percent of the…
Win
Bought a house with an existing permitted detached ADU, 560 sf, already leased at $1,725. Asking was $612k, closed at $571k, and the discount came out of a document the listing di…
Discussion
The model I keep circling: a homeowner has the lot and the zoning but no capital and no appetite for permitting. I have the crew and can carry the build. I put up the ADU, I hold…
Loss
Under contract on a 1,900 sf single family with a detached garage I planned to convert. My underwriting had the converted garage at $1,650 a month based on three comps in the neig…
Discussion
Detached 780 sq ft, permitted, separately metered, own address, currently leased at $1,850. All in around $190,000 including the site work. Went for a cash-out refinance and the a…
Discussion
I've been sitting on this for four months and I want to hear how the room splits before I sign anything. My lot allows a detached unit up to 1,150 square feet. Two bids, same buil…
Discussion
Got the plan set back from the designer for a 700 square foot cottage behind the main house and the electrical page has a note that says "owner to confirm metering approach prior…