EP404 Profiting from Accessory Dwelling Units (ADUs) with Shawn DiMartile

<p class="MsoNormal">Recently, the city of San Diego, California implemented a new program to help increase housing stock and affordability.</p> <p class="MsoNormal">They created a bonus accessory dwelling unit, or ADU, program that allows investors to build 10, 20, 30 or more units where a single-family home existed before.</p> <p class="MsoNormal">My guest today sees this program as a ‘pot of gold’ for real estate investors, and he’s going to share how he’s been leveraging this program to create new profit streams for himself and his investors.</p> <p class="MsoNormal">Shawn DiMartile is the co-founder of Takeoff Capital, a private equity firm with over $50 million in assets under managements spread across 300 units.</p> <p class="MsoNormal">Today Shawn discusses the important ways in which ADUs can help increase housing stock, how San Diego has made ADUs a priority, and how he and his investors have been leveraging this strategy in their portfolio.</p> <p class="MsoNormal">Find out more:</p> <p class="MsoNormal">Instagram: @shawn_dimartile</p> <p class="MsoNormal">Website: <a href= "https://www.investorshawn.com">www.investorshawn.com</a></p> <p class="MsoNormal">Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.</p> <p class="MsoNormal"><a href= "https://www.livegreenlocal.com/">https://www.livegreenlocal.com</a></p> <p class="MsoNormal">And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.</p> <p class="MsoNormal"><a href= "https://www.rcbassociatesllc.com/">https://www.rcbassociatesllc.com</a></p>