House flipping and DADUs/ADUs were once thought of as separate subjects. DADUs (detached accessory dwelling units) were mainly reserved for homeowners who wanted to add a little bit of passive income to their primary residence. But, thanks to more relaxed zoning laws throughout big cities in the United States, DADUs and ADUs have become the unsung heroes for many home flippers. These simple additions can multiply your profits by a staggering number.
James Dainard, master house flipper and real estate investor, began to dip his toe in the DADU space when Seattle began allowing multiple units to be built on one single-family home lot. This changed the game for James as he now was able to capitalize on the wasted space with many more units. In this video, he’ll show you how he turned a $250k potential profit, into over $1M in house flipping take-home pay. Not bad at all, James!
If DADUs/ADUs seem like a strategy you’d love to learn more about, check out our ADU investing series with “That ADU Guy” (linked below)!
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Join BiggerPockets for FREE 👇
https://www.biggerpockets.com/signup?utm_source=youtube&utm_medium=description&utm_campaign=none
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Check Out James On the “On The Market” YouTube Channel:
https://www.youtube.com/channel/UCxDXuLvtjJ9Est8PrG3i2VA
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Watch Last Week’s Episode on the “Rehab Punch List”:
https://www.biggerpockets.com/real-estate-rookie-podcast?utm_source=youtube&utm_medium=description&utm_campaign=none
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Learn More About ADU Investing:
Pt 1: https://youtu.be/e_BNaKxoiFM
Pt 2: https://youtu.be/k9KRB_Yc9N8
Pt 3: https://youtu.be/xXqB03a_rPk
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Is Building an Accessory Dwelling Unit (ADU) a Worthwhile Investment?
https://www.biggerpockets.com/blog/accessory-dwelling-unit-cash-flow?utm_source=youtube&utm_medium=description&utm_campaign=none
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10 Things to Consider When Investing in Accessory Dwelling Units:
https://www.biggerpockets.com/blog/accessory-dwelling-units-tips?utm_source=youtube&utm_medium=description&utm_campaign=none
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Subscribe to ProjectRE with James Dainard:
https://www.youtube.com/channel/UCEn-t8zRFsGeI4b8X3cX71A
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Follow James on Instagram:
https://www.instagram.com/jdainflips/ or @jdainflips
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Connect with James on BiggerPockets:
https://www.biggerpockets.com/users/heaton?utm_source=youtube&utm_medium=description&utm_campaign=none
00:00 4x The Profit on Your Next Flip!
00:46 What are ADUs and DADUs?
01:31 From 2 Units to 6!
03:40 Considerations BEFORE Building an ADU/DADU
06:32 Is An ADU Right for You?
