In this episode, accessory dwelling units developer Derek Sherrell takes us through the varied classes of ADU, sheds light on conquering hurdles in development, and shares expert insights on securing funding for these valuable assets. Get ready to unlock the secrets to a profitable ADU venture by listening!

Key Takeaways to Listen for

• Accessory dwelling units: It’s 3 classes and which is most profitable
• Biggest hurdles in developing ADUs and tips to overcome them
• Strategies on how to deal with privacy concerns for landlords
• Internal conversion ADU vs. standalone ADU
• Local funding sources for your ADU development projects

Resources Mentioned in This Episode

• Craigslist
• Facebook Marketplace
• Zillow
• Apartments.com
• Trulia
• RenoFi
• Redwood Credit Union
• Apartment Syndication Due Diligence Checklist for Passive Investor

About Derek SherrellDerek is a real estate investor, ADU developer, and endurance athlete with over 25 years of experience in the building/development trade. Today, Derek consults with homeowners and investors on planning, designing, financing, building, and holding affordable ADUs. After years of research and development, Derek founded ThatADUGuy.com. He is recognized as a national ADU expert, a guest speaker for large and small events, and featured on BiggerPockets, One Rental At A Time, The IntelligentInvestor, and many other top REI education platforms.

Connect with Derek

• Website: That ADU Guy
• YouTube: That ADU Guy
• Instagram: @thataduguy

To Connect With UsPlease visit our website: www.bonavestcapital.com, and please click here, to leave a rating and review!

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