SA811 | Build ADUs on Minimal Cost for Max Returns with Derek Sherrell

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 forAccessory dwelling units: It’s 3 classes and which is most profitableBiggest hurdles in developing ADUs and tips to overcome themStrategies on how to deal with privacy concerns for landlordsInternal conversion ADU vs. standalone ADULocal funding sources for your ADU development projectsResources Mentioned in This EpisodeCraigslistFacebook MarketplaceZillowApartments.com TruliaRenoFiRedwood Credit UnionApartment 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 GuyYouTube: That ADU GuyInstagram: @thataduguyTo Connect With UsPlease visit our website: www.bonavestcapital.com, and please click here, to leave a rating and review!SponsorsGrow Your Show, LLCThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GrowYourShow.com and Schedule a call with Adam A. Adams