DADU Deep Dive $390,000 potential profit in West Seattle!

Want to know how Jess and I recycle the same cash over & over again, buying multiple houses without needing to find more investment capital? BRRRRing DADU's is one of the most powerful investing strategies in Seattle, and in this video I take a deep dive into how I would make and estimated $390,000 on a currently listed property in West Seattle.

Notes on this deal: The main house is in good shape, so the renovation budget is smaller. There looks to be potential to add value through an additional bedroom, but I don’t see space for a basement ADU, but there’s plenty of space for a backyard DADU. Rough numbers have this West Seattle deal with $390,000 potential profit in 1 year.

Listing Link: https://www.compass.com/listing/3235-...
ROI Link: https://docs.google.com/spreadsheets/...

We’re starting to post deep-dives on our favorite Seattle investing strategies to YouTube – if you’re interested in seeing those please subscribe to the channel!
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Combining the DADU and ADU strategy with HouseHacking works especially well for families that are looking to get started as real estate investors, as a property with completely separate units and no shared walls is the most comfortable way to HouseHack.

This strategy is also great for Flippers and BRRRR investors, as DADU's are typically built for $300k - $400k and can be sold or financed separately from the main house for $600k - $800k. That's a lot of value and equity created from one project!

For more information about DADU investing and to setup an introductory call with me and my team of Real Estate Investor Agents, click here: https://calendly.com/michaeljohaas/in....

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Want to learn more?

1. Setup a free, 1-1 Intro call: https://calendly.com/d/d4g-2c3-gg7

2. Join 1,000+ other investors at the largest & most active HouseHacking Meetup in WA State: meetup.com/house-hack-seattle/

3. Follow us and our story on Instagram @MichaelJoHaas, @Jess_Haas, & @HouseHackSeattle

4. Find us online at https://househackseattle.com/

5. Apply for a Hard Money Loan for your next investment: certainlending.com/house-hack-seattle