
About this Event
Join us for a FREE class to learn how to Build and Sell a DADU on your property! Through SKYDADU, we offer fixed cost builds PLUS financing options (including $0); all through the top award winning homebuilder in WA State; Sockeye Homes.
The New State Law: is upending municipal zoning by allowing DADUs to be built on the existing property, in what used to be considered the encroachment areas, without needing to subdivide the property.
The Property Owner is gaining buildable land without purchasing additional land or subdividing the existing property. The DADU built on the property can be rented to create a passive income stream, or sold when completed to cash in on the proceeds (remember, the DADU is condominiumized by SkyDADU so the Property Owner is NOT required to sell the main house or the property [with the stipulation that a partial reconveyance of title is approved by the first position deed holder]).
SkyDADU, the Equity Partner, can fund up to 100% of the project cost if there’s an existing detached garage structure with unobstructed access like from the alley or driveway (new State Law grandfathers in the zero-lot encroachment abutting the alley so we can tear down and build new without losing to the old setback rules). Or if the Property Owner wants to create a passive income stream, SkyDADU can fund up to 50% of the project cost and share the rental income 50/50.
This is is a win-win because: We actually build the DADU at a “Fixed Cost.“
You are NOT engaging a hard cash lender, a one-man show contractor, an IT start-up with minimal to zero “real” jobsite knowledge… SkyDADU is founded by Tod Sakai who is a builder so our team physically builds the DADU at a FIXED COST (so you can be assured of your equity position). After all, the actual DADU itself is the most valuable asset of your journey. We build it with the same care and quality as our Sockeye Homes’ award winning projects while “Solving the Housing Crisis One DADU at a Time.”
Speaker and Presenter: Tod Sakai, President & owner of Sockeye Homes and SkyDADU
BIO:
Tod Sakai, President & Owner of Sockeye Homes and SkyDADU, is one of a select few with both the Washington State Certified Builder designation and NAHB’s Certified Graduate Builder/Remodeler designation. Over the last 30+ years, Tod and his team have built and remodeled thousands of homes ranging from small DADUs to multi-million-dollar mansions on a variety of challenging sites. SkyDADU, a one-stop shop for all things DADU, is offering a 100% financing program for property owners to share the profit from the joint ventures by building new DADUs and selling them as condos. He is dedicated to “Solving the Housing Crisis One DADU at a Time™”.
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For additional information, visit SkyDADU.com, Terms & conditions apply.
Event Venue & Nearby Stays
33434 8th Avenue South, Federal Way, WA, USA, United States
USD 0.00