Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
Innovative Strategies
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

76
Posts
64
Votes
David Goossens
  • Investor
  • San Jose, CA
64
Votes |
76
Posts

Bay Area eases restrictions for "in-law" units

David Goossens
  • Investor
  • San Jose, CA
Posted

I came across this article and had a few thoughts about how it could be used from an investor standpoint. 

1. Build an in-law unit in the backyard and rent out the main house. This would be a house hacking type of strategy where you could get pretty close to living for free depending on how you acquire the property.

2. Build an in-law unit and AirBNB/rent it out. i could imagine this working well for people in the bay area who already own a primary residence, and want to get started in REI. This could probably be built for $15k-$20k depending on the level of finish, and would be a much easier and affordable way to get started, as opposed to buying a second property.

Thoughts? Opinions?

http://www.mercurynews.com/2016/11/22/san-jose-eases-rules-to-build-granny-units-a-new-source-of-affordable-housing/

Loading replies...