Adding an ADU to Add to Your Bottom Line

There seems to be no stopping it—rent control laws continue proliferating, and along with that, the cost of being in the rental housing business continues increasing. Join us on May 11, 2023, at 11:00 a.m. for a FREE WEBINAR where we’ll show you how to drastically increase your rental income by taking advantage of recently passed California Senate Bills 9 and 10, and the new California Accessory Dwelling Unit (ADU) laws—allowing YOU to add more rental units to your property, even without parking.

Property owners today are taking advantage of California's Senate Bills 9 and 10 and new ADU laws. Small property owners can increase density at rental properties and, in turn, significantly increase their bottom line. Join Seth Phillips (a.k.a. "Mr. ADU") as he shares the benefits of Senate Bills 9 and 10, and how you can improve your revenue outlook by leveraging these laws. With these regulations, property owners may add two new rental units regardless of existing square footage or number of units and may also add up to 25% more units based on current square footage—up to 25 feet in height!

Planned Topics Include:

• Learn how YOU can double, triple, or more your multifamily rental income right now!
• Maximize the "footprint" of your property by adding additional housing units.
• Convert recreational rooms, laundry rooms, storage spaces, and garages into Accessory Dwelling Units (ADUs).
• Eliminate parking requirements if your property is within ½ mile of mass transit and add more ADUs.
• Generate increased N.O.I. by adding new duplexes, four-plexes, and ADUs.
• Follow the step-by-step process on how to best implement these opportunities.
• And much more—your submitted questions will help drive the discussion!

This informative webinar includes an opportunity to get answers to questions submitted by YOU! After registering, you'll be invited to submit questions in advance. Live Q&A will also be available during the webinar. Please log in to register. For event inquiries, contact Events Manager Diana Alcaraz at diana@aagla.org. For faster service, have your membership number ready. We look forward to seeing you. Stay diligent and be healthy!

THE INFORMATION PROVIDED DURING THIS WEBINAR IS FOR GENERAL INFORMATION PURPOSES ONLY. ABSOLUTELY NO LEGAL OR TAX ADVICE IS BEING GIVEN DURING THIS WEBINAR. BEAR IN MIND THAT EVERY SITUATION IS UNIQUE, AND THE LAWS, RULES AND REGULATIONS ARE SUBJECT TO CHANGE AT ANY TIME. SO, BEFORE ACTING, BE SURE TO OBTAIN TAX AND/OR LEGAL ADVICE FROM A LICENSED PROFESSIONAL.

Panelist(s):

Seth Phillips, Founder, Fort Homes & ADU Gold. Born and raised in Minnesota, Seth Phillips moved to California in 1982 and began his real estate career in property management, becoming a licensed real estate broker. Known as "Mr. ADU," Seth has worked at SP3 Realty and RE/MAX, co-owning the largest RE/MAX franchise in Los Angeles. He specializes in ADU development and housing unit creation in Southern California, as well as helping first-time homebuyers access down payment assistance and grants. He has extensive experience in property development, apartments, and investment properties. Seth is a UCLA alumnus.

Moderator:

Daniel Yukelson, Executive Director, Apartment Association of Greater Los Angeles. Daniel Yukelson is the Executive Director of AAGLA. A Certified Public Accountant, he began his career at Ernst & Young and has held senior financial roles including Chief Financial Officer at Premiere Radio Networks and Oasis West Realty. He served as a planning commissioner, Chairperson, and Public Works Commissioner in Beverly Hills.

Webinar Registration Ticket Price
Member Ticket $0.00
EXPIRES MAY 11, 2023

Featured Presentation By:

Fort Homes & ADU Gold

Title Sponsor(s):

IPMEXPO