Should You Buy A Tiny Home In 2024?

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  • Опубликовано: 2 окт 2024
  • Join Pace Morby, asset manager, Beau, and property manager, Jimmy, as they dive into transforming their Yuma mobile home park they bought on seller finance with no bank, no credit checks, and no credentials. They discuss the units that need replacing, breaking down the costs involved in the transformation, and comparing the $17,000 needed to renovate each unit to the $8,300 cost of getting an Amazon-delivered tiny home up and running.
    They dive deep into the logistics, covering everything from land preparation, hauling off old units, setting up foundations, and managing plumbing and electrical work. You'll learn about the differences in rental income, with renovated trailers renting out for $500-$600 per month compared to the $800-$900 per month potential for a 2 bed/1 bath tiny home.
    Moreover, they discuss the long-term benefits of choosing tiny homes over trailers, including lower maintenance costs and fewer issues with plumbing, A/C, and appliances. Enhancing the property this way isn’t just about aesthetics; it’s about maximizing rental income, reducing maintenance costs, and significantly boosting the property's value. This is how you elevate your real estate game using creative financing strategies!
    Stay tuned for the next part of the journey. Pace, Beau, and Jimmy will hop on a Zoom call to break down the true costs of this transformation. Following that, they’ll take you through the entire process of shipping out a tiny home, installing it, and figuring out the optimal rent rate. You don't want to miss this!
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Комментарии • 15

  • @ezekielburchell
    @ezekielburchell 4 месяца назад +5

    I’m an independent sales contractor for a tiny home company. $25,000-$45,000 with off-grid options. Very little maintenance and very efficient because of how it’s construction.

    • @Flippingprofit
      @Flippingprofit 4 месяца назад +1

      I'm interested

    • @ezekielburchell
      @ezekielburchell 4 месяца назад

      @@Flippingprofit idk how to give you my contact info😂 my comment got removed

    • @hamprepper
      @hamprepper 2 месяца назад +1

      Please send me link Thanks, Hamp

  • @apartmentinvestingforbeginners
    @apartmentinvestingforbeginners 4 месяца назад +2

    Such a cool project. I believe tiny homes is the future of affordable housing

  • @RobertHasty
    @RobertHasty 3 месяца назад +1

    We just completely renovated our travel trailer for less then $1k did all the work ourselves. Currently for sale and I'm a subto student. If it doesn't sell I'll offer seller financing or rent it out.

  • @tinyhouselistings
    @tinyhouselistings 4 месяца назад

    We are the world’s largest tiny house resource with over 20,000 tiny homes sold through our platform and we also manufacture them. Glad to have this conversation with you based on data and 15 years of time y house experience.

  • @StefanNestorovic92
    @StefanNestorovic92 4 месяца назад +1

    Which tiny home you getting on Amazon?

  • @MrAsanchez9210
    @MrAsanchez9210 4 месяца назад

    We would do better prices for 7 tinyhomes. We coined the MonopolyAframe design.

  • @MrAsanchez9210
    @MrAsanchez9210 4 месяца назад

    I own @cargocabins and we ship to Arizona. Fully build and ready to ship at $28k and we would build with connections on the back of the tiny for prices on MEP

  • @sharonkaye1
    @sharonkaye1 4 месяца назад

    What about container Holmes?

  • @sharonkaye1
    @sharonkaye1 4 месяца назад

    What about container Homes?

  • @grabthemappodcast
    @grabthemappodcast 4 месяца назад

    The detailed breakdown of costs and potential returns in this video really caught my attention. Thanks for providing actionable insights and practical advice on navigating the decision between tiny homes and unit renovation.

    • @PaceMorby
      @PaceMorby  4 месяца назад

      Glad it was helpful!