Massachusetts’ New ADU Law Explained (HUGE for affordability) скачать в хорошем качестве

Massachusetts’ New ADU Law Explained (HUGE for affordability)

Get started on your ADU journey (or at least sign up for our newsletter) at www.PeakRealtyAdvisors.co! Are you curious about the new Massachusetts ADU law going into effect on February 2nd? This groundbreaking legislation, part of the Affordable Homes Act, allows single-family homeowners to create Accessory Dwelling Units (ADUs) under 900 sq. ft. BY RIGHT—no special permission needed, as long as you meet building and safety codes. 🚪🏠 In this video, I break down: ✔️ What the new ADU law is and how it works. ✔️ Key requirements for building or converting an ADU. ✔️ Real-life examples of affordable ADU-friendly properties in MA. ✔️ How ADUs can boost housing affordability and benefit homeowners, renters, and investors. ✔️ Expert tips for navigating permits, finding properties, and creating value. Why this law matters: ADUs can help first-time buyers qualify for homes or offset mortgage payments. Existing homeowners can generate extra income with minimal investment. Investors can turn single-family properties into cash-flowing rentals. Renters gain access to more affordable housing options in high-demand areas. Resources & Guidance: 🌟 Explore all the official state guidance and the City of Boston’s comprehensive ADU handbook—find the links on my website (in the description below). 🌟 Learn how my company, Peak Realty Advisors, can help with ADU consulting, from permits to tenant management. Real-Life ADU Examples: 🏡 A $1.3M Melrose property with an existing basement apartment that could rent for $2,000+/month. 🏡 A $625K Peabody property with a finished garage loft, offering an affordable ADU conversion opportunity. Potential Challenges: How will municipalities enforce permits for "by-right" ADUs? Will lenders factor ADU rental income into mortgage qualification? 💡 While this law is new, states like California have seen incredible success with ADU adoption. With 83K+ units added since 2016, this could be the start of a transformative housing trend for Massachusetts. Let’s Connect! 👉 Like and subscribe for updates on this policy and other housing market trends. 👉 Sign up for my ADU newsletter to stay informed about the latest developments. 👉 Visit my website for resources and guidance to start your ADU project today! 📢 What do you think about this new law? Share your thoughts in the comments! Timecodes: 00:00 Intro 01:16 ADUs and the Affordable Homes Act 02:20 ADU Permitting in MA 03:54 The Best ADU Strategy 04:38 Real Life ADU Scenarios 06:41 Getting Started on your ADU 08:10 Potential issues with the new MA ADU law 09:35 What to expect moving forward DISCLAIMER: The opinions and views shared on this channel are for entertainment and educational purposes only and are not to be taken as financial advice. Always conduct your own research prior to making any financial decision. #MassachusettsADULaw,#ADUConstruction,#HousingAffordability,#MassachusettsRealEstate,#AccessoryDwellingUnit,#RealEstateInvesting,#Homeowners,#AffordableHousing,#RealEstateTips,#ADUByRight,#ADULiving,#PropertyInvesting,#MAHousingMarket,#RealEstateDevelopment,#ADUConversions,#RealEstateBroker,#RealEstateInvestors,#RentalIncome,#HomeRenovation,#WealthyREI