How he TURNED $100K into $2.5M with 4 Cabins
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- Опубликовано: 7 окт 2022
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There are ways of generating a lot of money with real estate with relatively low investments. Like how this guy built four cabins with $100k and they are now worth over $2,000,000. Real estate is more than just location. It's about opportunity and knowing what the strategy is.
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This is so smart. I love it! I have a lot of income streams, plenty experience in real estate, built and sold businesses, but I've never seen anything as wholesome as this. This actually inspires me... who else?
It inspired me to make a difference ih wait have weed charge on my record means no good job, which means no credit, which means hey let me go to school get education oh still wont hire me despite my work ethic, well guess the onky way to make this money is crime lol no matter how hard i work how much schooling lol
Sus
he did something common...the real question is.....who are those idiots willing to pay hundreds of dollars for a cabin? morons
Mosier, Oregon - where this is located is a VERY unique town. As in he first real estate rule: Location Location Location. you need a unique place. by another amazing place.
I'm a real estate agent in North Idaho- its possible to do this IF commercial short term rentals can be put in an area( Commercial zoning)- Year round could be even better.
Unlike other states where permitting can be super expensive, and almost impossible, Idaho is fairly easy.
Me!!! Who wants to help???
So technically the guys didn't "turn" their investment into 2.5 million. That's just the valuation. They haven't sold it.
And their initial investment wasn't technically 100 grand. That was their down payment.
On point! Just not like the title.
Yeap, what he is saying is a lot of baloney .
Yeah
Yea, this is click bait BS.
All of this guy's videos are clickbait.
its always a pleasure watching your videos, I believe the two most important things needed to make money is the right information and ironically money itself, because that’s all it takes to make a good investment
My friend, I believe you live was changed for good simply because you were lucky enough To have that information, am I right ?
not every random person can give accurate predictions in both the crypto currency and foreign exchange market
You’re right my friend, he makes money on trading and investments effortlessly, I have been trading with him for 2 years now, sometimes we might have bad days but we are always in profit at the end of the week, I am happy to have met him
I like what I am seeing here, how can I contact him
Thanks for the info, I’m really glad I was here
what can I do? I have been disabled since 2009 and I am 58 years old at the verge of retirement. My portfoliio of $750k is down to $492k, How can I profit from the present market" , I mean I've heard of people making upto $250k in couple weeks during this crash and I'd like to know how.
@@ivorydaniella Please can you leave the info of your investment advisor here? I’m in dire need for one.
dont get desperate and loose it all.
Idk about a couple weeks but buy mini excavators and attachments and pay them of in full then rent them out to contractors or hire an operator and bid small local jobs.
Youll make 3x or more on each machine then what you paid for them in less then 2 yrs.
Skid steers mini excavators are a gold mine
Interesting content. Is it still advisable to leave idle money in a savings account at an average interest rate of 0.85%? I want a better way to diversify my portfolio and with current inflation, crypto gain taxes are no joke. I also have to ask, due to the current crash in stock prices, housing, and the financial market in general, I would like to know the most efficient way to make my money work for me without falling due to market fluctuations as we are in a bear market. Any tips?
Ngl I've literally been thinking about market turbulence for 1 year now and most people wouldn't know what to do because this is the first bear market for them, hitting an all time high and now so many losses they might even scream, but then have you tried to consult a cfa to establish a diversification plan adapted to your portfolio? Basically, I just made my first $170,000 in a time of high Fed pivots, you should consider investing in mutual funds like Vanguard, Schwabs, or Fidelity. Crypto is also good because the returns are quite high, but to be on the safe side. Choose stock-based mutual funds
I should retire in a few months, any tip would be nice, and yes i have also tried to get a cfa but it is hard to find one that truly grasps the entirety of the different sectors, i am very open-minded Plus if I can't have it all then there is no point, if you get what I mean
Yeah, it took a while to find the best cfa for me but when I finally got connected with the right bunch and it was just uphill from there honestly, my cfa has been great so all my profit margin success is just honestly him
You had luck on your corner, it has always been difficult to get in touch with good people that have actual investment ethics. after all these months I have lost over £81k, so I'd like you to plug me up, to your cfa, I really need a good diversification option right now and I would appreciate it so much
I get what you’re saying so imma drop you some sauce, I’d recommend Robert Carlos Wright. His knowledge of the general market and his asset management skills are actually top-tier. when you do your research you’d know that the geezer is pretty skilled and his work ethic is impressive, He is pretty dedicated to his work too, at least more than my wife is to me lol(I didn’t really laugh), especially when it comes to his beneficiary’s growth.
This is a special spot - Hood River has gotten crazy popular with niche wind sports community and it's drawing interest from the entire west coast. It's a growing tourist area ~1.5 hr drive out of Portland. That's key to this property's rental success.
Yes, the middle of nowhere is misleading. If this was in say the Texas panhandle or some other true middle of nowhere spot, it would be worthless.
Absolutely phenomenal video! Everything from the video content, visuals, story telling, finances, and how the video was shot. You got a new subscriber from me!
Thank you very much for those kind words. This video took a lot of time and money! Glad it shows. :)
Rare to see videos like this with no fluff and quality edits/content. Took away a ton of information, happy to subscribe!
‘’Courage taught me no matter how bad a crisis gets ... any sound investment will eventually pay off."
Making it out at a young age is quite difficult. I started a side hustle at 17, saved up and made some good investments. l'm 28,live on my own and having a good life for myself. Big ups to you and everyone out there trying
Sounds like plan, how do you put money to work?
@@frankdouglas1562 Yes it sure is. I put in money in investments and get profits. That 's how I make more money without working. This does not sound new to you right ?
@@chrisjohn7823 Thanks for replying me, I've heard so many people talk about investment but none had said how to do it right.
Am hoping on you can explain more on how you make extra income from investments
Your production qualify for this video is a 10/10. Nice job
Much appreciated, Brice!
@@KaiAndrew agree man- really well done. Did you do the editing? If so, what did you use?
I just passed my first real estate exam in Alabama. The finance really centered me! Awesome video. You definitely have a new sub.
Hi. You have easily become my new favorite RUclipsr from a single video. I hope you read this comment. The smoothness and clarity of voice. The color and lighting of video. The research, the numbers, the graphics, the full giving of knowledge and construction of the understanding of the situation. Personally since I am very interested in real estate and am licensed the video was fast for me. I paused to think a lot. However the speed, and effort put into the speed, is excellent. Very engaging. Keep it. Hope to meet you in the near future.
-Tomas
Excellent information here Kai! You broke this down in a very easy to understand way. I am interested in seeing more of your videos!
The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading. This can only be done by a professional financial adviser.
I began accumulating wealth when I started following up my investment properly,
You can communicate with him on IG, with the username below.
abbreu_john
Instagram
Didn't they put in more than that?
600sq ft * $175/sqft = $105k (per cabin) * 4 = $400k (+land cost, permitting, landscaping)
I do think it's a solid investment - and they're clearly done super well for themselves - but their initial investment is fairly hefty. Certainly for any of your viewers who might think they could do $100k.
Hey Skyler! You may have missed the spot where I added in landscaping, furniture and misc. Land cost was not factored in because we already accounted for it with the coffee shop.
@@KaiAndrew You can partly put down half of the money from the purchase for the land they half split off.
Makes about 600K in investment.
Yeah I dunno man seems misleading to me 🤷♂️
Yes. The final calculations are a bit misleading because they had already invested $400K+ acquiring the coffee shop. Also the total net profit its speculative. Still a great investment and idea for someone with access to this type of capital.
all these videos are click bait
Holy crap I was just at this place. Got to meet the owner. Cool guy!!
Yeah, he’s an awesome guy.
This is wild, I was the real estate photographer/videographer who originally shot these! This just popped up on my feed. Super cool to hear the breakdown of the business investment.
Kai, I have been investing in commercial real estate since 1981 - you are spot on. Their are comments in here of appreciation and comments of comments of naysayers - you will always have that. Good those are our sellers. 😀 Now these dudes need to buy the winery - and do weddings - using only their wine. 😀 solid advice - for those with a creative open mind and some drive.
Great share Andrew! Thank you.
Great video, new fan just found you, really enjoy your presentation!
Brain and Bryan created 4 green houses and 1 red hotel at the same time. That is awesome. Congratulations to them and their community
I bought 40 acres in flagstaff Arizona and had no idea what to do with it until now. But now you gave me so many different options. Thanks 🙏 great video !
Depends on what you are allowed do build on. And Flagstaff has a big pond already ;)
That’s so awesome one day I dream of buying land there or Sedona it’s a beautiful location
Hi Kai, greetings from Colombia. Your videos are amazing they motivate me to continue with my projects. Currently i have three properties (just land) and soon my fourth. It has been a slow and long-term growth, I have created value to the properties and their appreciation reached approximately 5x. The time has come to develop them but here in my country it is difficult to acquire a loan but i'll keep working on It. BEST!
Mortgage Loans are an issue in Canada the past 5 years since the banks changed the qualifications.
What a fantastic video! Thank you so much. Much love from Norway:)
Hello Norway! Glad you enjoyed it :)
This small town gets a TON of summer visitors.-MOSIER Oregon, a few hours from Portland OR,, and NOT in the middle of nowhere . Its on the Columbia River, and exceedingly popular for windsurfing. Its surrounded by amazing wineries. Yes multiple income streams in a VERY unique town.
Amazing video man!
Every video I watch you just get more and more respect from me. Thank you for your work, you are a real living role model. I bought 2 years ago 10 acres of land in s mountain area in Transylvania, Romania. After I found your videos I realised what I did got and what is not that good. Now I m struggle to make/found money for investment. Do you think will be appropriate to get enrol in your land hacker course considering I’m in Romania and the deals with banks/money do not work like in USA… Thank you, and again, you become my role model. I start a little bit later than you but I hope to catch up. Best wises to you and your community !
Hey Vio! Thank you. That means a lot to me. Things are very different between the two countries, but the fundamentals will translate over. Our program is prescriptive (meaning you must follow certain steps), but instead we teach you how to navigate and find the answers you need. And when you can't you have me and our community to help support you. Hope that makes sense. If you're still curious just setup a free call with my team!
Awesome stuff and breakdown!
Nicely done. I've subscribed.
quality content presented in a quality manner... excellent
Thank you for the awesome video! Really opened my eyes when it comes to real estate investing!
Glad it was helpful!
@@KaiAndrew Hey Kai, how do i get though this spam filter, i cant post my comment, driving me nuts trying to figure out the trigger-words, lol
Amazing info!
Well done! I appreciate the depth of your analysis and being able to synthesize it into understandable terms! So MUCH goes into finding a profitable development and you nailed it!
Glad you enjoyed it
Amazing video, thank you so much for easily breaking this down. What a gem!! (:
Kai .. You sir are Brilliant .. Awesome presentation.. Thank You
Great Video. Awesome breakdown.
Thanks! Glad you liked it.
High quality video. Thx.
Glad you liked it!
The fact that there is Einstein as well as Chanakya in your "Low-key Genius" graphic, makes me subscribe instantly! (as an Indian, I also feel pride)
Glad you caught that. :)
This is what I hope to do in the town I’m moving to! I love this! ❤
I lived in Mosier when I was a kid for a year. It's a nice town an hour east of Portland, overlooking the Columbia River. It's a perfect spot for hipster tourism.
Hey Kai great stuff, you mentioned your Rental Analysis Spreadsheet in the video, thanks mate I grabbed it. Our real estate in Canada, British Columbia has gotten stupid expensive even the dirt. But I do want income streams and I like the airbnb model.
This is my dream… hope someday I could achieve. (Not exclusively for the money but for the fact you have something that grows, in a beautiful area conected with nature, you have to be proud)
This was the most epic video ever!
So smart in the process of doing something similar
What a great setup, very smart.
Yeah, very creative way to land hack.
Love this. Awesome video and break down! Great editing too. Keeps it flowing.
Appreciate it!
Excellent, informative and entertaining video Kai. Thank you for sharing.
Thanks, Lee! 🙏
Any follow up on these properties or valuations? Checking Airbnb today in January 2023 and only one day (this Saturday) for the next 8+ weeks is booked at $195 /night for a single cabin. The other three cabins aren’t listed for any dates so probably taken off Airbnb. Like this comment if you also do want to hear follow up thoughts on these cabins.
Your work is tremendous!! Thank you Kai 🤩🤩🤩
Wow, thank you!
Love it. Great synergy with the businesses. I’m working on something simple .
Kai, your video editing is next next level.
Andrew! Thank you so much! I have a very unique property in West Philly that can allow for something like this!
You made me wanna book it
My AirBNB brings in 500k per year and the total cost to build it was less than 400k. These guys are only making 152k per year. The valuation of 2.5 million seems ridiculous as what buyer would ever pay that?
Go buy 1.5 acres in Oregon as well
Very nice~ I really want to learn and start something even small 🙏
Yeah proof of concepts and gaining experience is a good place to start.
When you're wealthy😊 like me you would understand how the world revolves around money 💰
I hope you all get rich 🥰
Great video.. Checking out more. Subscribed
Great analysis and brilliant investment strategy from the Bryan’s
U DID THIS VERY WELL. ❤❤❤❤ THIS MAD KNOWLEDGE.❤❤❤❤
Dude, you're videos are awesome! Such a joy to watch.
Great vid! The B-lou and Zias clip made it elite! 🤣
Great video!
This Guy is JUST Speculating. With a Attractive headline and story to get viewers engaged in a somewhat suspense/ discover style video... so you watch longer... Thus higher RUclips video for ranking.
Epic Kai!!
I’m learning as I am on a project look similar yet in a totally different country!!!
Looking promising though 😅
Really enjoyed watching this! Thank you Kai 😊
Great video.
Nice video! Love that production style :) but I thought using google maps is not allowed, how did you get the permission @kai?
Ha, I KNEW IT! I would know that view anywhere! I knew that sure looked like The Dalles area, the hills on the WA side of the Columbia River Gorge in the background, when you showed the very first clip at like 20 secs into it, lol. I have worn out a path from NE OR to NW OR as we're getting our house on the N. Oregon Coast ready to sell!
I am curious how long it will take for more and more people to start moving from Hood River towards The Dalles, looking for more inexpensive property.
I just stumbled upon your channel Kai Andrew I like your style brother
great video!!!
Glad you liked it!!
Thank the RUclips gods for recommending ❤
Your channel has become a part of my routine.
Happy to hear that!
Oh my Bosh! This is the highest production value video I have seen a content creator make on RUclips. What is your secrete?
Let's go! First Video To Hit One Million Views! 🥳
As a four time Iraq 🇮🇶 war veteran I want to do something like this. I have roughly 5000 acres and I want to build a community for veterans where they will be able to hunt and fish
Nice!! Where are your acres located? I’m in real estate and would be curious where your land is at?
Did the owners do the construction themselves or hire a builder? Curious to know if that $175 sq ft included labor or not
This is very smart, pls more life hacks! This guy deserves way more subs!
Just the the kind of online bestie we needed.
When is the next workshop, please? Also where do i get the spreadsheet? I have 6 flat acres in Idaho on a beautiful river that I want to do something like this on. I own the land free and clear.
Congratulations!
dope he a real one fur this break down
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GREAT CONTENT! WHERE CAN I DOWNLOAD THAT SHEET?
Thanks for continues updates! am super excited about how my investments is going so far, making over $13k every week is an amazing gain🤗
I'm 54 and have been looking for ways to be successful, please how??
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I think I just found the best business communicator
Great takeaways on symbiotic relationship, need to be more strategic in future investments
Did we calculate land aqusition? I'm assuming this worked because they already owned the land. How was the land transfer handled (between business in the vertical) and what implications does that create for the analysis?
Is this still possible if you also need the aquire the land? What does that change?
Bought it all for ~$450K, it's in the video after 3:30
@@thisisreallife9026 right, but that's the price the coffee shop paid. I assume this isn't apart of the coffee shop... I'm asking about splitting the lot, and how that was accounted for
Cool cabins. Cool videos. Love you work man!
Where can I get that spreadsheet? I missed it! Thank you!
Very nice!
Off the hook, man! Your video is not only entertaining-it’s also so helpful for those of us looking to get into real estate. Thank you so much for your great videos.
Hey! I stayed at that exact same tiny home at 00:00:30 for my birthday a few years ago with my then girlfriend, now fiancé. What a nostalgic sighting.
If you have property with no zoning how do you suppose you set something up in the area. All the cabins are basic.
Just wondering what should my move be. Should I buy the material for multiple properties and allow for 1 to pay for the rest?
I have the plan but just shooting an idea? Its a gold mine and there is no off season.
Would really like to hear from you directly if possible
Dang good video! J
Hi I am trying to get into rental property and have a few questions if you don't mind.
The total NOI is 178k how much of deportation was in there? Did they off set 80-90% of revenue?
How was that CAP ratio calculated? 🤔
It would be great if you can share this excel file for learning, thanks man!
Depreciation is excluded from the NOI calculation. Cap rate only considers NOI - meaning it excludes debt service payments and capital expenses. CAP rate is the most basic valuation of income properties. When you do the same calculation based on all of your actual cash invested and the after debt service cash flow you get a cash-on-cash return. Even further, you can look at the rate of return on an after tax basis. This would include all the depreciation, amortization, cap ex, etc. This is where you can really begin to look at a true to you rate of return and take into consideration things like cast seg for accelerated depreciation. This is not typically used for valuation as every investor is in a different situation (tax bracket, other income, amount of leverage, etc.).
I love your channel.
Glad you’re here.
Awesome 👏
Cabins are still great investing option. With classic properties prices sky rocketing it is one of the last option to multiply investment.
Haha, I’m literally going to a destination wedding in Hood River next month & the rental properties are indeed expensive! So, that makes a lot of sense being near by as a smart location.
Kai - long time follower here. Question: Wouldn't a loan payment subtract from the net profit? Why would an investor not consider this when determining Net Operating Income? If you pay $10Mil and it produces, $50,000 NOI, that's not too good right? Great video as usual btw
Thanks, Luther! Because loans are so variable based on who is borrowing the money. SBA loan, traditional mortgage, hard money, cash, etc throws too much variability and muddies the numbers. The best way is to assume the investment is purchased with cash (unlevered). That way you can compare investments.
@@KaiAndrew but it's not accurate and faaaar far away from the truth.
@@johndawson6057 It's still the best way to value. Every investor will look at a property with a different strategy as far as leverage. a CAP rate is the most basic level of valuation. It is good for comparing real estate investments that are different. For instance, CAP rates are different for retail from apartments, city vs rural, Class A to Class C, etc. It is a rough metric but still useful. An example where CAP rate does not work is as follows: You buy a small apartment complex with the idea of renovating it and substantially raising rents and improving tenant quality. When you buy it, you are not very interested in the going in CAP rate because the current NOI really has nothing to do with your investment strategy - it relies on historical numbers. There are other valuation metrics that are more detailed but also more subjective. Cash -on-cash is a more true rate of return on your investment dollars. After tax returns might make the most sense for a particular investor. DCF and IRR look at the entire hold period and also take into account any appreciation on the property while owned. The problem with all of these is that they are very particular to the individual investor and will be different for each person. Nobody is going to have the exact same plan for the property. CAP rates are widely used because they are simple and a good first pass at a valuation - more of rule of thumb. If you are shopping properties and the prevailing CAP rate is 6%, when you see a 3.5% property you know it is likely either a really premium property or it is a value add property. Likewise, if it is an 8% CAP rate you ask, is this a bargain or is there something wrong with it.