Life has pulled you in a new direction and now you have a vacant home with a mortgage on your hands. Real estate is one of the soundest investments you can make; so, you may be wondering if you should sell the home or rent it out in hopes of garnering some extra money for your future retirement. The answer …
Accessory Dwelling Units: Are they right for you?
Accessory Dwelling Units (ADUs) are another name for mother-in-law suites, guest cottages, carriage houses, and garage or basement apartments. They allow for assisted living or elderly care, or an income source for property owners. If done right, ADUs can be financially beneficial for property owners and cover part of the home’s mortgage. To make sure that installing an ADU is …