Episode 128 – Building Wealth Through ADUs With Derek Sherrell

In the house hacking industry, DIY remodels are usually the way to go. But what if we told you that you could be raking in even more with new builds and Accessory Dwelling Units (ADUs)? Derek Sherrell is joining us this week to share everything he knows about achieving financial freedom through ADUs.

With more than 25 years of experience, Derek has made it his life mission to teach people all about building affordable ADUs. Through his Youtube videos, he has been documenting every step of every build so that virtually anyone can get into the industry!

Tune in to this week’s episode with Craig, Zeona, and Derek to learn all about the strategies to identifying properties with great potential, vetting dependable builders, and financing your first ADU in today’s market!

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Watch the episode here

Listen to the podcast here

Podcast Highlights:

[1:25] Z’s New Mid-Term Rental in Atlanta

[4:10] How Derek Got Into ADU’s

[9:10] What Every House Hacker Needs To Know By Heart

[10:35] Multi-Family Development vs. ADUs

[12:40] Derek’s Strategies To Finding And Maximizing ADUs

[19:55] Beginners Steps To Getting Into ADUs

[25:48] Most Affordable Way To Build An ADU

[28:48] On Garage Conversions: Yay or Nay?

[37:13] Why New Builds Can Actually Be Easier Than Remodels

[40:30] How To Find Excellent Builders

[42:45] The Best Cheat Code To Wealth

[45:10] What Keeps Derek Going

[50:50] Three Simple Tips For Affordable ADU Projects

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Tagged Accessory Dwelling Units, ADU, builders, Garage Conversions, Mid-Term Rental