242 - Rogelio Martinez - What are "Accessory Dwelling Units?"

Did you know that Accessory Dwelling Units are a great investment
and an affordable housing solution? There are talks about them
happening around the country...if you’re listening. Tune in as
Rogelio Martinez, the ADU Loan Guy and founder of Vvelcome,
explains what qualifies as an ADU, why they’re an excellent
option to make use of that extra space, and how financing works —
and learn why Rogelio is so passionate about what he does. 


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00:40 - Today’s topic: Accessory Dwelling Units. 

01:15 - The definition of an ADU and the square footage
requirements. 

04:00 - About Rogelio, what he does, and how he started his
company, VVelcome.

07:15 - People want to be real estate investors, but they’re
looking in the wrong place. 

08:50 - They’re a great option for aging parents or older
children in a post-COVID era. 

09:55 - Public policy with ADUs and updates on statewide
ordinances. 

12:45 - Two things will sunset after 5 years on Dec. 31,

2020 - owner occupancy and the 5-year amnesty for unpermitted
dwellings.

14:25 - You need to know your local elected officials in
order to stay abreast of these issues. 

16:05 - Your state or city may be talking about this, even if
you’re not in CA or OR.

17:35 - Shipping containers are allowed as an ADU as long as
they meet the requirements. 

20:05 - How financing works for an ADU and the options
Rogelio’s company offers. 

20:50 - Using an FHA 203K loan to convert an attached or
detached garage. 

22:25 - The four Fannie Mae and Freddie Mac loan options and
others. 

23:55 - Assisted living and aging in place with
ADUs. 

24:50 - What Rogelio is against and why. 

26:35 - Talk to your Government Affairs Director.

27:05 - How to reach Rogelio: DM him on Instagram.

29:00 - What he does and why it’s important.



3 Key Points


1.) ADUs are a great way to build an investment and save
money. 


2.) ADUs are an affordable and attractive solution for
housing. 


3.) Don’t forget our seniors, veterans, and single parents. 


References


Vvelcome Instagram

Vvelcome Facebook