ADU Investing (Accessory Dwelling Units) with James Dainard of BiggerPockets

The Josiah Smelser Show

In this episode, Josiah interviews James Dainard, host of the BiggerPockets On the Market show and serial real estate deal maker. James shares his story of building his business with multiple streams of income and also explains how to create value by adding an ADU (accessory dwelling unit) to your property. ADUs are a great way to improve your home with a second unit, such as a living quarters, garage apartment, or flex office space. By adding an ADU to your property, you can increase its value, income producing ability, and make it more attractive to potential buyers. Whether you're a first-time homeowner or an experienced real estate investor, this video is a great way to learn about ADUs and how to drive value with them. Watch and learn, and then go out and start driving value with your ADU!

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*******Connect with Josiah: *******

YouTube Channel - Josiah Smelser - ⁠⁠https://www.youtube.com/@TheJosiahSmelserShow⁠⁠

Follow Josiah Smelser on Instagram ⁠⁠⁠⁠- ⁠⁠https://www.instagram.com/dailyrealestateinvestor⁠⁠

Josiah’s Book 'Dream It and Build It' on Amazon: ⁠⁠⁠https://a.co/d/f7MbrMP⁠⁠⁠

Josiah's Interviews on BiggerPockets & Other Social Links: ⁠⁠⁠⁠⁠⁠linktr.ee/jsmelser

*******Connect with James: *******

⁠⁠⁠⁠Follow James Dainard on Instagram: ⁠⁠ https://www.instagram.com/jdainflips

BiggerPockets On the Market show - https://www.youtube.com/@BPOnTheMarket Chapters: 00:00 Introduction 02:19 Jame's Investing Journey 04:38 James & Bigger Pockets 06:13 Power of Social Media 08:45 Building His Business 11:40 2008 12:55 Multiple Streams of Income 14:35 1000 Doors 18:30 State of Commercial Real Estate in Seattle 21:10 ADUs Drive Value 24:31 How to Find a Lot to Build an ADU 26:40 Building a Detached ADU 28:52 ADU Best & Worst Case Scenarios 31:48 Feasibility Study on Adding an ADU 33:48 Batting Average on ADU Strategy 35:32 Importance of Margin of Safety 36:56 Where is the Market Going? 39:00 How to Connect with James #realestateinvesting #adu #biggerpockets

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