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House Hack With HomeLord

35 members • Free

4 contributions to House Hack With HomeLord
Turning Your Unfinished Basement into an ADU
Unfinished basements aren’t wasted space. They’re untapped income. Finding SFH with unfinished basements could be a great house hack for you. How to finance it: The FHA 203K loan lets you roll renovation costs (like finishing your basement) into your mortgage. We work with GCs who specialize in basement-to-ADU conversions. They know the codes, layouts, and rental-friendly finishes that actually work. Plus, your home value increases a lot when you add an ADU!
Turning Your Unfinished Basement into an ADU
0 likes • Sep 29
This is big time! Can you send me some contact info? My parents are purchasing a SFH with a basement ADU but it doesn’t have a separate entrance, yet! If your contacts have done that before, would love to get a bid from them.
🏡 Top 3 Things to Know About Detached ADUs
Thinking about building a detached ADU? Here are the three biggest factors to check before you dive in: 1. Lot Size & ZoningMake sure your lot is big enough and zoned to legally support a detached ADU. Every city has minimum lot size requirements. Skip this step and you could be dead in the water. 2. Run the NumbersDetached ADUs often cost significantly more than attached or basement ADUs. Break down your build cost vs. potential rental income. In many cases, an attached ADU makes more financial sense. 3. Utility ConnectionsBudget for utility runs. Adding water, sewer, power, and gas to a detached unit can easily add tens of thousands to your project. Plan for it upfront so you’re not blindsided later.
🏡 Top 3 Things to Know About Detached ADUs
1 like • Sep 24
I haven’t looked into this much but I hope cities have things spelled out clearly - sometimes that’s the hardest part, finding the right person who can answer your questions haha.
$0 to Millionaire!
Start in Your 30s, Become a Millionaire in 10 Years | The HomeLord Podcast In this inspiring episode of The HomeLord Podcast, Joel Jones and Justin Midgley sit down with a Utah investor who shares how he started real estate investing at age 31 during the housing crash—feeling like a failure. Fast forward: he's done hundreds of deals, helps others get started, and is living proof that it’s never too late. What started with ambition, a credit card, and a mentor’s advice to “buy a home every year” turned into a full real estate career—and the freedom that comes with it. In this episode: Why starting in your 30s is not too late The story of listing a $1M mansion as a new agent—and winning the deal How that first flip snowballed into a growing rental portfolio Why house hacking remains the best entry point for new investors The mindset shift from victim to action-taker How Utah’s housing market still offers massive opportunity—even for beginners Why you don’t need to reinvent the wheel—just follow the system This is one of the most practical, motivational stories we've heard—whether you're in your 20s, 30s, or beyond, this episode shows the path is still wide open. #RealEstateInvesting #FinancialFreedom #InvestingTips #RealEstate #MillionaireMindset #PassiveIncome #InvestmentStrategy #HomeBuying #RealEstateTips #WealthBuilding
1 like • Sep 16
Where can I find the full interview? I searched HomeLord but didn’t have much luck. Thanks!
Sandy ADU under $600K
🔥 Fully Renovated East Sandy Rambler with fully functioning kitchen upstairs and kitchen cabinets and countertops in the basement. This East Sandy rambler is built for modern life - and ready to deliver value from day one. Plumbing and Electrical in place for an ADU, just needs approval from Sandy City.🏡 Key Features: Located on a peaceful cul-de-sac in desirable East Sandy Fully remodeled inside and out - move-in ready, no repairs needed Stunning mountain views and a spacious yard - a clean slate for your outdoor vision 🔧 Systems that Won't Fail: Brand-new roof (under 2 months old) Updated plumbing & replaced main water line Electrical fully modernized Sewer line scoped and in great shape - all the big-ticket items covered ✔️ Why This Property Wins: Quiet, established neighborhood with top-rated schools nearby Flexible layout that flexes with your life - rent it, move in, or optimize both levels Turnkey condition means you walk in with confidence! Prime Real Estate Experts.
Sandy ADU under $600K
0 likes • Sep 16
Would love some more details as well!
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Tim Metcalf
1
3points to level up
@tim-metcalf-4693
Husband, Father of 4, working to get that financial freedom!

Active 37d ago
Joined Sep 16, 2025