adding a granny unit (ADU) in San Jose
Hello fellow BPers
San Jose CA is now making it easier to start building "granny units" in backyards of single family residential properties. This is Amaaaaazing news! Not only is this going to help out with affordable housing in the bay area but also help out with the mortgage. You might be able to rent out the entire home and live in the ADU. There needs to be a name coined for this.
This may be a great way to start evaluating properties in the south bay as well. Another opportunity for value add in a very inflated market.
Just thought I'd share this information if you guys have not already heard it.
Happy investing!
-Mike