California Gold: Investing in San Diego's Bonus ADU Program with Shawn DeMartile (The Real Estate Investing Club #406)

Shawn always wanted to invest in America’s finest city, San Diego, but the low cap rates and landlord tenant laws made it difficult to make value-add multifamily pencil to great returns. That all changed when San Diego implemented their bonus ADU program, which allows investors to build apartments on single family lots. This strategy has largely remained under the radar over the 2 years since it’s implementation, but Shawn’s new eBook “California Gold” details this strategy so investors can s...

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Real estate pros share their stories on how they got started investing in real estate and then grew from their first deal to a portfolio of cash-flowing properties. In each episode you'll learn the strategies our guests used to create generational wealth for themselves and their families, and the steps you can take to do the same in your own back yard. Our goal at The Real Estate Investing Club is to teach you the fastest ways to start and grow your real estate investing career in today's market - from multifamily, to self-storage, to mobile home parks, to mix-use industrial, you'll hear it all! Our guests share their career peaks and valleys and the best advice, greatest stories, and favorite tips they learned along the way. Want to create wealth for yourself using the vehicle of real estate? Getting mentorship is the fastest way to success. Get an REI mentor and check out our REI course at https://www.therealestateinvestingclub.com.