California Gold: Investing in San Diego's Bonus ADU Program with Shawn DeMartile (The Real Estate Investing Club #406)

Published: Oct. 18, 2023, 1 p.m.

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Shawn always wanted to invest in America\\u2019s finest city, San Diego, but the low cap rates and landlord tenant laws made it difficult to make value-add multifamily pencil to great returns. That all changed when San Diego implemented their bonus ADU program, which allows investors to build apartments on single family lots. This strategy has largely remained under the radar over the 2 years since it\\u2019s implementation, but Shawn\\u2019s new eBook \\u201cCalifornia Gold\\u201d details this strategy so investors can stake their claim on the new gold rush in California.. Shawn DeMartile is a real estate investor who has a great story to share and words of wisdom to impart for both beginning and veteran investors alike, so grab your pen and paper, buckle up and enjoy the ride. Want to get in contact with Shawn DeMartile? Reach out at Instagram: shawn_dimartile
\\xa0Personal website: investorshawn.com.

Want to become financially free through commercial real estate? Check out our eBook to learn how to jump start a cash flowing real estate portfolio here https://www.therealestateinvestingclub.com/real-estate-wealth-book\\xa0

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PARTNER -- Want to partner on a deal or connect in person? Email the host Gabe Petersen at\\u202fgabe@therealestateinvestingclub.com\\u202for reach out on LinkedIn at https://www.linkedin.com/in/gabe-petersen/\\xa0

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Hear from successful real estate investors across every asset class on how they got started investing in real estate and then grew from their first deal to a portfolio of cash-flowing properties. We interview real estate pros from every asset class and learn what strategies they used to create generational wealth for themselves and their families. The REI Club is an interview-based real estate show that will teach you the fastest ways to start and grow your real estate investing career in today's market - from multifamily, to self-storage, to mobile home parks, to mix-use industrial, you'll hear it all! Join us as we delve into our guests career peaks and valleys and the best advice, greatest stories, and favorite tips they learned along the way. Want to create wealth for yourself using the vehicle of real estate? Getting mentorship is the fastest way to success. Get an REI mentor and check out our REI course at https://www.therealestateinvestingclub.com.\\xa0

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Interested in becoming a passive investor in one of our projects? Kaizen Properties, is looking for passive investors for our upcoming deals. We invest in what are known as \\u201crecession resistant assets\\u201d: self storage, MH & RV parks, and industrial properties. If you are interested, go to the website and click on the \\u201cInvest with Us\\u201d button at the bottom of the page.

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