Would you add an in-law suite?

Would you add an in-law suite?

Well…What is an in-law suite? It’s the most common name for a small dwelling on the same property as your home, where an aging family member (or others) can live with some modicum of privacy and independence. It’s often a separate space with its own bathroom, sometimes in a basement or over a garage

When not in use by an aging parent, an in-law suite can serve many purposes, making it a wise investment

Here are some uses to consider:

Home office: More and more buyers are looking for a place to work from home. This area could be the perfect spot for your small business.

Guest quarters: When out-of-town guests come to visit, an in-law suite is the perfect place to give them a little privacy, with their own bedroom and bathroom.

Residence for an older child: Adult children who may need to live at home while establishing themselves financially can use the space as an apartment, perhaps even paying a little rent.

Short- of long-term rental apartment: Since many in-law suites are fully equipped apartments, they make ideal rental apartments, which can bring in added income from long-term renters or short-term rentals on Airbnb.

Blackrock Investments and Finance, Inc.
direct (951) 963-4023 | cell (626) 731-4485 |fax (626) 529-0850
email  realtorjudyha@gmail.com | web  http://www.realtorjudyha.com
CA DRE: 01884583

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