With your ADU construction, preparation, decoration, and landscaping complete, you’re almost ready to bring in renters. The new income to start paying off your investment and bringing in a little extra household income is so close you can almost taste it… but from this point, you are still one step of away from safely […]
If you’re thinking abo ut or already planning to build an ADU on your property, it’s important to remember that the cost of construction is only the beginning. The ADU will connect to your property’s water, power, and possibly gas hookups. Whoever lives there will add to your utility bills as if they were living […]
Anyone who’s been looking into ADU designs recently has probably had to face a very stark truth: ADU’s are small. Unlike normal single-family homes, they are each limited to a certain maximum floor space size based on the total size of your lot. Unfortunately, floor space means that even if you decided to build up […]
Building an ADU on your property is one of the most beneficial things you can do for your neighborhood. It can provide cozy independent housing for retirees, extra housing space for family living with you, or provide a rental home for another family in need of affordable housing. However, building an ADU also comes with […]
If you want a source of passive income and to do a community service at the same time, a rare opportunity to be sure, there’s no better option than constructing an ADU (accessory dwelling unit) on your property. This is Honolulu’s best answer to the increasingly pressing crunch for affordable housing and while there are […]
Since the dawn of property ownership, people have been building smaller dwellings near their pre-existing homes. In Australia, they call them Granny Flats, in certain parts of the continental US, they’re called Mother-in-Law houses and here in Hawaii, the official term is ADU, short for Accessory Dwelling Unit. Like the acronym says, these are little homes that […]
If you live or even occasionally visit Hawaii, you’re probably already aware of the intense housing crunch going on, especially when it comes to affordable rental properties for working families. While homelessness is usually something that happens to people who can’t or won’t work, it’s an unfortunate fact that many families are finding themselves without […]
A typical property owner who wants to embark on an ADU project as an owner-builder finds the advantages very compelling – reduced project costs followed by a new revenue stream from rental income, potential tax benefits, and increased property value. However, there are pitfalls that can quickly erase or seriously postpone the hoped-for gains. In many ways, […]