EP 96: SB 79, AB 1033 & the Next Big Real Estate Opportunity

In this episode, I sit down with David Simmons, founder of StrataX Development and Silverback Capital, to break down how California’s changing housing laws are creating entirely new opportunities for homeowners, investors, and developers.David specializes in California infill development and approaches real estate through what we call the “density lens”: instead of simply looking for the next flip or ground-up development, understanding the highest and best use of a property and using California housing legislation to unlock its potential.We dive into:• Why investors should start looking at properties through a “density lens”• How SB 9 is creating opportunities for homeowners and investors• Why AB 1033 could completely change the way we value and sell ADUs• The San Jose AB 1033 project that sold for nearly $1.6 million• How SB 79 creates new development opportunities near public transit• Why David is combining SB 79 with SB 330• How re-entitlement alone can create significant value before construction begins• Why bill stacking is becoming an important skill for California developers• How financing fits into successful density and development strategies• What makes a property ideal for future ADU condo sales• Why corner lots and alley access can create better development opportunities• How “quiet density” can add housing without completely changing neighborhood characterThis conversation goes beyond simply building an ADU. It’s about understanding legislation, financing, entitlements, design, construction, and exit strategy, and learning how all of those pieces work together to create value.California’s housing laws are changing quickly, and for investors who understand how to implement them, those changes are creating opportunities that didn’t exist before.If you're serious about ADUs, infill development, SB 79, AB 1033, lot splits, entitlement strategies, or creating more value from California real estate, this is a conversation you don’t want to [email protected]