FAQ's
You've got questions, we've got answers.
1
How much does this cost me?
There is zero cost to you.
Twenty-One Six fully funds the design, permitting, and construction of the ADU. We are compensated through long-term rental revenue, not homeowner payments.
2
How does Twenty-One Six make money?
We operate through a long-term land lease and revenue-share model.
You retain ownership of your property. We build and professionally manage the ADU, and rental income is shared according to our agreement.
3
How long does the process take?
Each project varies slightly, but most follow this general timeline:
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Feasibility & site evaluation
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Architectural plans & engineering
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City permitting & approvals
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Construction
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Final inspections & tenant placement
From initial agreement to completed rental unit, projects typically take 5-7 months depending on permitting timelines.
4
Will this impact my privacy?
Privacy is a priority in every project.
We strategically plan unit orientation, entry access, and separation features to maintain homeowner comfort. When appropriate, fencing and design elements are incorporated to preserve boundaries and independent living spaces.
5
Do I need to move out during construction?
No. In garage conversion projects, homeowners remain in the main residence throughout construction. Work is contained and managed to minimize disruption.
6
What happens at the end of the lease term?
At the conclusion of the lease agreement, the ADU becomes fully yours.
You retain a permitted, income-producing structure on your property without having funded the initial construction.
7
Will this increase my property value and property taxes?
Yes; adding a permitted ADU can increase overall property value.
Because the ADU is a new permitted improvement, the county may reassess the property and property taxes may increase. If that happens, Twenty One Six and the homeowner split the increase in annual property taxes 50/50. Meaning we compare the property tax amount before the ADU to the new assessed amount after completion, and we share only the difference.
8
How are tenants selected?
Tenant quality is critical to protecting both the property and the homeowner’s comfort.
Twenty-One Six markets primarily to working professionals and responsible adults seeking well-designed, long-term housing. All applicants go through a structured screening process that includes income verification, background checks, credit review, and rental history evaluation.
Our goal is to place stable, respectful tenants who value clean, quiet living environments and long-term residency.
9
What happens if I decide to sell my home?
You are free to sell your home at any time.
If the property is sold, the new homeowner may assume the existing lease agreement and continue receiving rental income under the same terms.
If the lease is not assumed, a structured buyout option is available. The buyout amount is based on the remaining lease term and the capital invested in developing the ADU. As the lease term shortens over time, the buyout amount decreases accordingly.
This approach provides flexibility for homeowners while protecting the long-term investment made into the property.
