In this episode, I sit down with Jared Jones — real estate investor, developer, and co-owner of Power of 2 Realty and Middle Housing Partners — to break down what’s really happening in small-lot development, middle housing, and scalable density in today’s market.

With over 1,200 transactions, 450+ flips, 600+ developed doors, and more than $200M in managed real estate assets, Jared shares what it actually takes to build at scale — and why new housing legislation like SB1123 is changing the game for investors and developers.

We dive into:

• Why investors are excited about starter-home and build-to-rent micro developments
• SB1123 explained — small-lot subdivisions, sellability, and market impact
• How to stack ADU laws and housing bills to unlock density
• Utility delays, TA letters, and real-world legislative bottlenecks
• Why passive investors often outperform active operators
• Compressing development timelines to unlock massive value
• How Jared is building AI systems to automate real estate development
• Why defining your “why” matters before you scale

This episode is a masterclass on modern development strategy — blending policy, systems, financing, and technology to create scalable middle housing in a market that desperately needs it.

If you're serious about ADUs, small-lot subdivisions, build-to-rent, or long-term development plays, this is a conversation you don’t want to miss.

@stephsellsADUs

adugginvestments.org

In this episode, I sit down with Rob Wilson, a seasoned real estate investor, developer, and lending professional with over 30 years of experience navigating multiple market cycles.

Rob has seen it all booms, busts, stalled projects, rising interest rates, and deals that only worked because they were structured the right way. We go beyond spreadsheets and pro formas to talk about what actually determines success in real estate: resilience, smart financing, strong partnerships, and understanding risk before it shows up.

We dive into:

• How real estate cycles really work and how to invest through them
• Common mistakes investors and developers make when structuring deals
• The developer-lender mindset and why financing strategy matters more than ever
• Lessons learned the hard way that can save you time, money, and stress
• How to think long-term in an uncertain market

Whether you’re investing in ADUs, multifamily, development, or value-add projects, this episode is packed with real-world insight you won’t find in a textbook.

@stephsellsADUs

adugginvestments.org

In this episode, Steph sits down with Nancy Kenny, a construction-focused loan officer with over 40 years of lending experience, to break down one of the most misunderstood topics in California real estate: how ADUs and SB9 projects are actually financed.

Many homeowners and investors assume there’s a special “ADU loan” or “SB9 loan” that exists behind the scenes. The truth? These projects are financed using traditional and non-traditional construction, renovation, and investor loan programs and knowing how to structure them correctly makes all the difference.

Nancy shares:

• Why there is no ADU-specific loan (and what lenders really use instead)
• How renovation HELOCs, construction loans, and investor programs fund ADUs
• How appraisers determine after-repair value (ARV) for ADU properties
• Why SB9 projects are often easier to finance and appraise than traditional ADUs
• Real-world examples showing how ADUs can turn a single-family home into a cash-flowing asset
• What lenders look for when evaluating ADU and SB9 feasibility
• Why ADUs and lot splits are becoming essential to making California real estate pencil

We also discuss what’s coming next including potential Fannie Mae and Freddie Mac updates, upcoming educational events and why building the right ADU-focused team is critical for success.

Whether you’re a homeowner looking to add income, or an investor exploring ADUs and SB9 strategies for 2026 and beyond, this episode delivers practical insights you can actually use.

Connect with Nancy:

Website: https://vintagelending.com/

Email: nancy@vintagelending.com

IG: https://www.instagram.com/nancykennyloans/

Connect with me:

📧 stephanie@adugginvestments.org
Website: www.adugginvestments.org
Youtube: www.youtube.com/@stephsellADU
Instagram: @StephSellsADUs