215 - That ADU Guy Interview - The Ultimate House Hacks To Make Buying Affordable
How to Buy a Home: The #1 First Time Home Buyer Podcast
David Sidoni
4.8 • 891 Ratings
🗓️ 23 February 2024
⏱️ 55 minutes
🧾️ Download transcript
Summary
Being a first-time homebuyer doesn’t have to be daunting. Let this episode show you as David Sidoni interviews none other than That ADU Guy, Derek Sherrell, who shares the ultimate house hacks to make buying affordable. Together, they talk about the concept of Accessory Dwelling Units (ADUs) and their role in making home buying more accessible, especially for first-time buyers. From the historical context of ADUs to understanding local codes and legal considerations, Derek provides a great view to help you navigate the housing market. Get a glimpse as well into Derek's background, his motivation rooted in personal experiences, and his commitment to giving back through valuable resources. Learn about the "ADU goggles" mindset, viewing properties as opportunities for value addition. Plus, discover retirement strategies and the transformative potential of ADUs in building wealth and achieving financial security. Do not miss Derek's unique perspective and practical advice for affordable homeownership today!
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This podcast was created for YOU - to cut through the confusion and empower you to buy your first home. Let's change the way the real estate industry treats first-timers, one buyer at a time- starting with YOU!
David Sidoni, the "How to Buy a Home Guy", is a seasoned real estate professional and consumer advocate with over 18 years of experience helping first-time homebuyers navigate the real estate market. His podcast, "How to Buy a Home," is a trusted resource for anyone looking to buy their first home, offering expert advice, actionable tips, and inspiring stories from real first-time homebuyers. With a focus on making the home-buying process accessible and understandable, David breaks down complex topics into easy-to-follow steps, covering everything from budgeting and financing to finding the right home and making an offer.
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Transcript
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| 0:00.0 | In 20204, housing affordability is going to be the biggest obstacle that first time home buyers run into. |
| 0:21.8 | Well, how to buy a homies? |
| 0:23.4 | I am so proud, privileged, honored to have this guest who has the incredible tricks to help you make buying your first home more affordable. |
| 0:35.7 | Doesn't that sound great? |
| 0:37.2 | I've been talking to this guy for a long time. It's Derek, that ADU guy. And that ADU guy is a machine. There are so many great tips that to help you figure out how to make a home more affordable. Being able to use the rent of an ADU to get you a higher loan approval so you can buy more |
| 0:56.5 | house. And it's not that expensive. And my favorite thing about Derek is that he comes from |
| 1:01.7 | the right place. He's not selling anything. Sound familiar, gang? Yeah. He comes from a place |
| 1:07.1 | where he grew up poor. He discovered this hack and he's been doing it longer than |
| 1:11.5 | anybody else. Some people have been doing ADUs for five, maybe seven years. This guy's been doing |
| 1:16.9 | it for two decades and he's giving you all this information for free. I can't explain to you |
| 1:23.0 | how gold, how precious this next 50-minute interview is. Listen to this and you can set yourself |
| 1:31.9 | up financially for life. And more importantly, listen to this incredible interview with Derek |
| 1:38.0 | and you might be able to afford 20 or 30% more home without that much of an investment. Gang, check this out. Play the music. |
| 2:13.7 | Hey, homies, a quick interruption before I start the episode because I have some majorly exciting news, the How to Buy a Home podcast, and me, your host, David Sidoni, we're going on the road. |
| 2:20.2 | Come and get your questions about home buying answered from me directly, live and in person. |
| 2:25.8 | And our first stop is Dallas, Texas. Yeah, baby, it only took me five years, but the unicorns are finally bringing me out on the road, and I'm going to be live in Dallas on Monday, April 1st. |
| 2:31.4 | And no, this is not an April Fool's joke. This is real. This is legit. I am literally |
| 2:35.4 | used correctly coming to Dallas for a live event on Monday, April 1st. It's free, and there'll |
| 2:41.8 | even be some refreshments out there so you can save some money on dinner because I know you're all |
| 2:45.6 | on a budget trying to save up for a down payment and closing costs. To get the information, email info at how to buy a home.com, put Dallas in the subject. |
| 2:54.9 | That's info like information. |
| 2:58.0 | Info at how to buy a home.com put Dallas in the subject. |
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