You know how California is, it is so amazing we have more people than housing. And instead of building up, which is starting to happen more, we think of a way to make existing square footage and street house more people. In January of 2020, ADU (Additional Dwelling Unit) and JADU (Junior Additional Dwelling Unit) became more mandated and allowed by the government for the cities to figure out. What does this mean and what does this look like? Let's break this down one by one: Additional Dwelling Unit - Detached The simplest way to separate them is Detached versus Attached. For this example, we will use a decent sized lot with a house in front and a small back house in the back. The back house would be the ADU. If you were leasing both homes out, you would receive two rents as the owner. Junior Additional Dwelling Unit - Attached A JADU is usually smaller than an ADU and attached to the home in question. For this example, imagine you have a 3 bedroom 2 bath home with a large ...

We recently talked about "Breaking The Rental Log Jam", where we went into an overall glimpse of how the market was fighting back during "COVID-19" or "Fragile" Market. You can read that blog here, but as we have closed all leases currently in our pipeline-I wanted to take a moment to go in depth about each type of unit and how it did in said market. Rental A is a 3 Story Townhome in Yorba Linda. It became available just before the shut down started, and you can see how the shock to not only the market, but the world in general, reflects itself in our numbers. Funny enough, we have leased this out before and did not get as much inquiries as we did this time around leasing it. So the needed numbers were there, but fear is a powerful disabler. After week 5 during COVID-19, it went to a lovely group with plenty of "really interested" people ready to submit an application if it fell through. This unit is the front unit in a recently purchased...

I want to speak briefly to the masses today. Normally our audience is the Buyer and Seller, and yet it is easy enough for anyone to become both. It could even happen that you are a Buyer, Seller, and Investor at the same time! How can this be? Me, a normal person can be a Investor? Yes. Even more than that, as soon as you start your journey you start doing something greater than yourself, building generational wealth. Let's start at the very beginning, a very good place to start. This beginning looks like a house purchase. That would be because it is a house purchase. Assuming you are buying this house to rent out, you are now a Landlord and Investor. The first house is going to be the scariest, it gets easier from there. Let's assume you have rented out the house for a couple of years and you are looking to upgrade from a Single Family Residence to a Duplex. You would sell your Single Family Residence and 1031 the proceeds of the sale into the purchase of the duplex. Yo...