Backyard Rental Update Part 1 - Accessory Dwelling Unit, ADU, Backyard Guest House, Rental Numbers

[@TransformRealEstate]

My book, Flipping Houses QuickStart Guide, is available on Amazon (amazon.com/dp/1636100309/?tag...)! As a house flipper of 5 years, I've flipped almost 50 houses with a six-figure profit on average. I'm so excited to share with you all the knowledge and experiences I've gained so far. I hope to help you get out of the rat race and achieve financial freedom like I did.
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Watch next: Building a Backyard Guest House - Prefab ADU
th-cam.com/video/WrRSKCxNJjE/w-d-xo.html

[@marilynwallace1050]

We are always interested in your before and afters. Your video are precise and to the point and your "afters" are spectacular! You are so likable, we wish you and Your company much success!

[@TransformRealEstate]

Thanks! Here's the part 2: th-cam.com/video/VzbMX_kWSBw/w-d-xo.html

[@ddfelder2]

Can’t wait to see the finished ADU.

[@yalvi]

Your videos are always full of great information. Thank you for sharing with us!

[@danielcheng769]

Love your videos - always straight to the point and no BS, also high-quality content.

[@TheReffellGroup]

Thanks for sharing......

[@jacqjacq5920]

Can t wait to see the finished product!!

[@kyungholee8410]

Great video. I am doing a similar thing, the existing detached 950SQ unit, converting 2bd 2bath kitchen ADU.

[@rebbie1989]

Very cool! Can't wait to see more of the progress.

[@vickywilson1048]

Thank you for sharing! This is awesome!

[@lorenazaragoza6411]

Thank you very much. It was very informative

[@wenzhengwang1773]

Wow you inspired me to do an adu for my property!

[@ginacrusco234]

Yes, always up for a before&after.

[@BSGSV]

Always quality content.

[@dozata6219]

I started learning from you after months and still I am learning a lot :D

[@TransformRealEstate]

Thanks! Here's the part 2: th-cam.com/video/VzbMX_kWSBw/w-d-xo.html
I also launched my coaching program, Transform Flipper Academy, to teach people to flip houses the right way. If interested, you can apply here: transformflipperacademy.com

[@n.pn.p634]

Yes to before and after!

[@TransformRealEstate]

Thanks! Here's the part 2: th-cam.com/video/VzbMX_kWSBw/w-d-xo.html

[@DDG_IN47]

Yes please, we want the before & after of the short-term rental unit.

[@TransformRealEstate]

Thanks! Here's the part 2: th-cam.com/video/VzbMX_kWSBw/w-d-xo.html

[@ellenli7961]

So inspiring!

[@vnmcvn86]

Wow nice!

[@yumyumjuice1890]

Would love a before and after video🙌 my favorite videos and id love to hear the end numbers

[@TransformRealEstate]

Thanks! Here's the part 2: th-cam.com/video/VzbMX_kWSBw/w-d-xo.html

[@ceburd522]

I’ve watched all of your videos minimum 3 times I love it

[@miriamdecker5990]

Love your channel! Yes I would be interested in a video on your short-term rental unit.

[@1949chefjojo]

This is a wise choice especially when a property is paid off. It also makes a great Airbnb.

[@jdeharo4731]

Phenomenal video and excellent education. I would love to see the finished product.

[@prophetcollinsekinde]

Great video, waiting for final construction.

[@jb5959]

Sure! Let's see the before videos. Thank you! 👍

[@vnmcvn86]

Is part 2 of the Adu out or you didn’t upload it? Would love to see the the build from start to finish

[@JCC56]

I hope to get into house flipping soon and leave my day job.

[@natusfreedom472]

Nice hope u show us the finished product

[@rosehughes599]

Are you continuing to rent the main unit during the construction process?

[@TransformRealEstate]

Yes, we offer a construction discount to the tenants.

[@dianamsw245]

Very nice. Do you mind sharing the contact info for this subcontractor?

[@sluggishincaliforniatv6741]

Thank you for this video. When you say the cost of the ADU can be amortized over for years, what do you mean? Are you referring to cost segregation for tax purposes?

[@johanmejia3737]

Is it a good idea to invest in real estate at this moment seeing how the risky the market is right now?

[@aihf3063]

How are you getting to 250k. I build my own ADU in Walnut Creek California area for $110k for two bedroom and two bathroom. I pulled a owner builder permit and sub different trades out and negotiated with everyone.

[@solidwave]

lol! I love how calmly you describe the disaster "before" situation. How did you deal with the squatter? BTW -- so glad to see your subscriber count blow up. totally deserved!!

[@TransformRealEstate]

Thank you so much for your support! Once we started construction, the squatter just left lol

[@victorparedes-colonia6876]

This is great! Would you recommend anyone for accounting/taxes in the Bay Area for real estate business?

[@forged_billions2]

Can you rent an ADU house out ?

[@joe_green100]

It took 1.5 year for my ADU permit to get approved in San Diego

[@TransformRealEstate]

Sorry to hear that it took so long for you!

[@mikeholl7082]

Great except It’s illegal to rent ADUs in San Jose short term The minimum rental period for ADUs in San Jose is 30 days

[@TransformRealEstate]

We plan to rent it 30 day plus on Airbnb, so it doesn’t have a lot of turnover and not as much management needed.

[@albundy3929]

great investment...Did i miss why you went with sitck built over pre-fab?

[@albundy3929]

i just saw the other video for explanation, less $/sf and more flex for size and layout. smart choice for you.

[@lungyuenlau2714]

Great Content!! Don't the host need to be in the premise for Airbnb rental? Or is it just limited for short term rental? For example, in San Jose, you are only allow to rent for 180 days annually if the host is not present. In this case, how would you have multiple Airbnb units?

[@H-RutherfordHill]

How did you find this property?

[@lynnharrell9598]

Why did you decide to build using a floor joist system instead of a poured concrete foundation?

[@TransformRealEstate]

The architect designed it that way. Poured concrete would have been much cheaper. 🤷🏻‍♀️

[@ruslan0824]

Why is the paint 🎨 so dirty on the house that’s on the background?

[@TransformRealEstate]

That’s due to the ADU construction

[@davidpai7127]

How do you like short term rental compared to long term tenants?

[@TransformRealEstate]

Each has its pros and cons. Short term is more money, but more time consuming. Best to use a property manager. Long term is less money, but also way less work.

[@davidpai7127]

@@TransformRealEstate I was 90 percent leaning towards hosting on Airbnb until I read up on squatters story. I always thought you could use police for trespassing if so but heard California the cops don't like to get involved. Have you ever deal with ppl trying to squat on Airbnb?

[@banG168]

lol 6months for an adu .. here's a tip there's high end prefab modular builders which takes a couple weeks total and installs in a day

[@TransformRealEstate]

I did mention that in the video, and I made this video a few months back about pre-fab ADUs. I talked about the pros and cons of them and why I didn't choose it here: th-cam.com/video/WrRSKCxNJjE/w-d-xo.html

[@renesilva241]

Wow I'm only charging 200 per foot😶😬

[@TransformRealEstate]

Wow! Where are you located?

[@basicallyhomes]

You are not supposed to use your ADU for short-term rental. It's in the state law.

[@TransformRealEstate]

You can set your Airbnb to rent for 30 days or longer

[@soccermom1245]

Squatter...ugh