Insights
Explore our articles to unlock the full potential of your property and elevate your living space to new heights.
What do to before and during an ADU building in Los Angeles?
Thinking about adding an ADU to your property in Los Angeles? Whether you're expanding your living space or creating a new source of income, building an ADU is a big project that requires careful preparation and planning. From navigating local regulations to staying on top of construction details, knowing what to expect before and during the build can make all the difference. Here’s what you need to know to get started.
Do you have a land that is unused or underutilized? Give it up and increase the value of your property while earning extra income!
Nowadays, the development situation in cities like Los Angeles is changing right in front of our eyes. With the rising cost of housing and the increasing demand for residential space, more and more property owners are choosing to use their land more efficiently. The trend that is gaining momentum is clear: the number of undeveloped land plots is decreasing. And this is an opportunity to turn unused or underutilized land into a profitable investment that can not only bring you additional income, but also increase the value of your property.
How much can I earn renting out an ADU?
Accessory Dwelling Units (ADUs) are becoming a popular way for homeowners to generate extra income. But how much can you actually make? It depends on several factors, including your location, the size and condition of your ADU, and whether you rent it out short-term or long-term.
Not using the garage on your property? Get extra income
Nowadays, it is common for many households to no longer use their garage as a place to park a car, but rather as an unused space or as a storage space for unnecessary things. However, several households have already discovered that they can use this space very financially advantageously as a source of passive income.