Part 2 - Building an Accessory Dwelling Unit w/ Tom Mulhern ( Ep 91)
About this episode
This episode discusses the complexities and benefits of building Accessory Dwelling Units with expert Tom Mulhern.
In this final part of a two-part episode, we continue our discussion about the ins and outs of building Accessory Dwelling Units (ADUs) which are becoming increasingly popular in backyards as extra living space for extended family, overnight guests, or as a way to generate rental income. Tom Mulhern, co-founder of AzADU, joins us to break down the real numbers behind building an ADU, explore financing options, and common surprises that pop up during construction. With rising home prices and changing family needs, ADUs are gaining traction as a versatile, value-adding alternative in residential real estate. If you’re curious about expanding your living space, investing in multi-generational housing, or eyeing ADUs for rental income and long-term value, this episode is a can’t-miss. Three Key Takeaways: Financing ADUs Requires Creativity: Most homeowners opt for HELOCs, cash savings, or funds from family home sales; traditional construction loans are less popular due to complexity. Expect the Unexpected: Installing an ADU can come with surprises—think abandoned septic tanks or tough utility connections. Working with experienced builders who anticipate surprises is crucial! Legal…
People in this episode
Host: Michelle Moses
Guest: Tom Mulhern
Mentioned in this episode
Organizations: AzADU
More episodes of The Unconventional Investor
- All About Building an Accessory Dwelling Unit w/ Tom Mulhern Part 1 ( Ep 90)
- Money, Privilege, and the Importance of Being Thankful (Ep 89)
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