ADU Revolution: Unlocking the Potential of Your Property! Want to add extra living space, generate rental income, or house a loved one? This week on Straight Talk with Rick and Meghan, we're exploring the exciting world of ADUs (Accessory Dwelling Units)!   With over 50 years of combined expertise, Rick and I break down the essentials: California ADU Laws: We'll cover the latest updates, including: Increased density: More ADUs allowed on multi-family properties! Streamlined approvals: Faster and easier permitting process. Permanent rentals: No more owner-occupancy requirements! ADU condo conversions: New opportunities for ownership and investment. Financing Options: Explore various ways to fund your ADU project: Cash-out refinancing, home equity loans   Maximizing Rental Income: Learn how to: Conduct market research to determine optimal rental rates. Design and build attractive ADUs with desirable amenities. Market your ADU effectively to find the perfect tenants. Design Considerations: Avoid common pitfalls and create a functional and appealing ADU: Site planning, privacy, accessibility, and construction quality. Plus, Rick and I share our expert opinions and personal experiences with ADUs. Don't miss this informative episode!   Find Straight Talk with Rick and Meghan on: YouTube: @ Meghan Shigo Spotify: @ Straight Talk with Rick and Meghan iTunes: @ Straight Talk with Rick and Meghan   Know someone considering an ADU? Share this episode with them!   Meghan Shigo, Realtor Century 21 Affiliated DRE 01243803 #meghanshigo #realtor #realestate #straighttalkwithrickandmeghan