What we're about

Update 2020: New state laws now allow TWO ADU's with single-family homes and THREE OR MORE ADU's with multi-unit properties!

As of Jan. 1, 2017 you can build a second house in your backyard on land you already own. You can rent this home out for serious money AND it will also immediately increase the value of your property.

Mr. ADU (Seth Phillips) shares the secrets to successful ADU development.

Whether you are a homeowner now looking for information on this amazing income-producing strategy, or an investor looking for a way to increase your ROI on your Fix & Flip or Buy & Hold model. This group will explore the potential and practical applications of this new Real Estate Opportunity.

Things That Make ADU Development Gold


When you create your ADU the ROI (Return On Investment) is amazing because the land is FREE! You already own it.


The tax incentives make it even more attractive. This is an area not often discussed. If you live in one unit and rent the other out, the IRS can consider this as 2 separate properties. You will still have your normal write-offs from your principal residence, plus then you will have even more write-offs on the rental property that will bring your true cost of ownership down to a level that will astound you.

You can use the rental income of the other unit to help you qualify for a larger loan and a larger purchase price. This can allow you to purchase in a higher-priced neighborhood and give you the option to live where you WANT to live.


This is going to change the city and change people's lives. Join us and learn how you can be part.

Please visit our website for more information. www.ADUgold.com (http://www.adugold.com)

Upcoming events (1)

Senate Bills 9 & 10 Can Mean Big Money For Property Owners

2701 N Sepulveda Blvd

Hello all my ADU friends.

Opportunity KNOCKS!!! Big buzz on the newly enacted SB9. Join me live at The Grand Expo Event. I will be speaking live and will also have a booth as well. Join me for another opportunity to discuss these new upzoning laws just signed by our governor. We will talk about Senate Bills 9 & 10 and the amazing opportunities that present.

Here is some more information on the event.

Please join us on Sunday, October 31,[masked]:00 am to 6:00 pm, for our "Annual Los Angeles Real Estate Grand Expo." The theme of this year’s Grand Expo will be “How to Invest in a Post-Pandemic World.” Our Grand Expo will be presented by the Los Angeles Real Estate Investors Club, Sam’s Real Estate Club, and Realty411. An entire day celebrating real estate investing and you can be part of it. There will be twelve national guest speakers (in breakout sessions), and a Vendor Expo area (the size of a hockey rink!) with over 60 real estate related vendors. Best of all, this Grand Expo will be FREE to attend.

Our economy is finally sliding out of a disastrous pandemic. Given the challenging real estate climate, this is no time to go in it alone. In a transitioning market like this one, you need experienced and resourceful experts who can teach you how to adapt investment strategies to current conditions. That's why the theme of this year's Annual Los Angeles Real Estate Grand Expo is "How to Invest in a Post-Pandemic World."

Our unique selection of national speakers has more than four decades of real estate experience and will be sharing their strategies and experiences on how to adapt post-pandemic. Don't miss this exciting opportunity to rub elbows with the best and the brightest all in one location and all in one day. We look forward to seeing you there!

Click Her To Register www.lagrandexpo.com

Invest in your future by taking advantage of recently passed California Senate Bills 9 and 10, and also the NEW California Accessory Dwelling Unit (ADU) laws that allows YOU to add more rental units to your property.

Property owners must take advantage of Senate Bill 9! There is finally a possible “haymaker” that the small property owner will benefit from. Join Seth Phillips (a/k/a, “Mr. ADU”) as he discusses the benefits of Senate Bills 9 and 10, and how you can easily improve your revenue outlook by taking advantage of these new laws. This just passed legislation is going to offer real estate investors a new tool to create much-needed housing while at the same time creating great options to accumulate new wealth by optimizing an asset you already own. Seth will also be discussing the possible outcomes of Senate Bill 10 and the evolution of this new, 10-unit commuter housing option.

Additionally, Seth will be covering the new state allows multifamily property owners to add up to three or more rental units at their property…that's right – state law allows you to increase the number of rental units you own with very few restrictions. Under the new “ADU Law,” owners may add two new rental units regardless of square footage or number of units currently at the property and without any issue of local restrictions. Additionally, YOU may add 25% more rental units on top of that based upon YOUR existing square footage.

https://lagrandexpo.com/

Panelist(s):
Seth Phillips
Founder, ADU Gold

Thanks,
Seth

Past events (64)

Photos (95)

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