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Buying Properties on Large Lots to Build Additional Units (ADU Value-Add Strategy) | Maxwell Ventura E31

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Manage episode 358124849 series 3425853
Content provided by Rich Somers. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Rich Somers or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://cloudutil.player.fm/legal.

In today’s episode Rich sits down with Maxwell Ventura – a local residential Broker Associate who specializes in working with new investors for single-family residences up to the 4-unit range. He focuses on value-add opportunities for his clients, including renovation plays, adding additional units, and leveraging the non-optimized zoning on a given parcel of land. They dive into the ADU permitting process, California Coastal Commission Zoning, bonus density, and creative ways of utilizing lot codes to maximize potential. Rich also shares what his exact strategy would be if he was a new investor, to live for free while still creating equity and cashflow. // Connect with Max on Instagram: @maxwellbventura / Email: maxwellbryan.realty@gmail.com / Phone: (619) 944-2580

--
Connect with Rich on Instagram: @rich_somers
Interested in investing with Somers Capital? Visit
www.somerscapital.com/invest to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit
www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit
www.excelsiorstays.com/management to book a free call.

  continue reading

87 episodes

iconShare
 
Manage episode 358124849 series 3425853
Content provided by Rich Somers. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Rich Somers or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://cloudutil.player.fm/legal.

In today’s episode Rich sits down with Maxwell Ventura – a local residential Broker Associate who specializes in working with new investors for single-family residences up to the 4-unit range. He focuses on value-add opportunities for his clients, including renovation plays, adding additional units, and leveraging the non-optimized zoning on a given parcel of land. They dive into the ADU permitting process, California Coastal Commission Zoning, bonus density, and creative ways of utilizing lot codes to maximize potential. Rich also shares what his exact strategy would be if he was a new investor, to live for free while still creating equity and cashflow. // Connect with Max on Instagram: @maxwellbventura / Email: maxwellbryan.realty@gmail.com / Phone: (619) 944-2580

--
Connect with Rich on Instagram: @rich_somers
Interested in investing with Somers Capital? Visit
www.somerscapital.com/invest to learn more.
Interested in joining our Boutique Hotel Mastermind? Visit
www.somerscapital.com/mastermind to book a free call.
Interested in STR/Boutique Hotel Management? Visit
www.excelsiorstays.com/management to book a free call.

  continue reading

87 episodes

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