Michael talks about how he’s been able to increase his cash flow by turning the basement of a single-family home into a separate basement apartment.

We talk about how he modified the basement, and how much it cost him.

Michael shares what he needed to do to make the ADU legal, and how he deals with utilities.

We also compare how much money he makes renting out the property with the ADU vs how much he would make if he didn’t modify the property.

Michael’s Book:

The Armchair Real Estate Millionaire

Thanks To Our Sponsors:

Ridge Lending Group – Nationwide Lender For Rental Property Purchase & Refinance. Now offering a No Doc investment loan if the numbers make sense.

AskRic – An app where you can find and analyze deals. You can also run all the numbers on a property, and calculate the cash flow.