How to Build an ADU for 1% Interest in WeHo or Pasadena! Unlock Affordable Housing in Your Backyard! episode artwork

EPISODE · Jan 23, 2024 · 44 MIN

How to Build an ADU for 1% Interest in WeHo or Pasadena! Unlock Affordable Housing in Your Backyard!

from Affordable Housing & Real Estate Investing

Is your backyard sitting on untapped wealth?  Imagine transforming it into a money-making machine that also helps your community!  That's the magic of Accessory Dwelling Units (ADUs), and Pasadena & West Hollywood are leading the charge with low-interest loans!Join Andrew (@andrewlslocum), your neighborhood ADU expert, as he dives into the world of Backyard ADUs for Affordable Housing!  In this Podcast episode, we covered:→ Building a brighter community: Explore how ADUs create affordable housing options, helping families thrive and neighborhoods flourish. ️→ Accessing the low-interest loan magic: Uncover the special programs available in Pasadena & West Hollywood that make building your ADU easier and more affordable than ever. → Navigating the application process from design to tenant placement→ Busting Section 8 Myths: Learn the truth about voucher holders and why they make ideal tenants for your ADU!But wait, there's more! Andrew will also answer your burning ADU questions:» Who's eligible for this pilot ADU program?» Do we need permits?» What are the design possibilities?» How can we secure that low-interest loan?DM us "Affordable" on IG @InvestWithKentHe if you want to be invited to our free Affordable Housing community full of real estate investors!https://kenthe.steadilypartner.com/ - Please support our Affordable Housing Podcast & Channel by getting a FREE Insurance quote for your rentals from our referral link (my partners saved ~$1,200 recently via Steadily). Please make sure you are comparing the right coverage limits for savings! DISCLAIMER - ALL INFORMATION & DETAILS SHARED ARE MEANT TO BE FOR ENTERTAINMENT PURPOSES ONLY. THIS IS NOT LEGAL, FINANCIAL, INSURANCE, OR INVESTMENT ADVICE. THIS IS NOT A SOLICITATION FOR ANY INVESTMENTS AND SHOULD NOT BE CONSTRUED AS SUCH IN ANY FORM. All investments have risks. This is not an offer to purchase securities.#affordablehousing #realestate #realestateinvesting #cashflow #section8 #nonprofit #doinggood #workforcehousing #BackyardBounty #ADULife #PasadenaADU #WestHollywoodHomes00:00 Sample Highlights03:12 Intro07:41 ADU Pilot Program for Affordable Housing09:38 Can YOU Build an ADU? Determine your eligibility & unlock Your Housing Impact in West Hollywood and Pasadena!11:14 ADU Pilot for New Funding Options for Your Backyard Build!12:01 Step-by-Step Guide to Creating Affordable Housing in Your Backyard!14:20 Application Process to Build Your Dream Affordable Housing ADU16:25 1% Interest Loan to Build your Affordable Housing ADU?!18:41 How to inform ADU PILOT Program Administrators re: Placing Affordable Housing Tenant21:27 What is the ADU Permit Timeframe in Pasadena23:22 How to Navigate ADU Planning, Budgeting, and Construction Like a Pro!35:13 Dispelling Section 8 Myths: The Truth About Voucher Holders and Why They Make the Best Tenants!38:24 Why is Affordable Housing so hard to solve for?41:54 How/Where to contact Andrew?

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How to Build an ADU for 1% Interest in WeHo or Pasadena! Unlock Affordable Housing in Your Backyard!

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