Come hangout with me in our next free live webinar, Saturday, March 30, 2024 at 9am PST. Save your seat here: kaiandrew.com/live-webinar-registration/. I'll be sharing how we are using data to find and create dream income properties. See you there!
This is the summary of the rent vs buy decision I’ve been trying to figure out for years. The rental income vs mortgage payment calculation never made sense to me. But this is much more logical and makes far more sense. Thank you for simplifying this!
Most people are unable to handle a fall since they are accustomed to bull markets, but if you know where to look and how to get around, you can profit handsomely. It depends on your entry and exit strategy.
The fact that the US stock market had been on its longest bull run ever makes the widespread worry and enthusiasm understandable given that we are not used to such unstable markets. As you pointed out, it wasn't tough for me to earn over $780k in the last 10 months, so there are chances if you know where to go. I hired a portfolio advisor since I was aware that I needed a solid and trusted plan to survive these trying times.
I tried looking into new strategies to profit in the current market because my portfolio has been in the dumps for the entire year, but everything I tried just seemed to miss the point. Please let us know who your asset manager is by name.
I'm a general contractor in Georgia-this is the first video I've seen of yours and I am more than impressed. Not just a great video but you really know your craft. Well done sir!
Best tutorial on building an awesome house for cheap. I’ve been searching a video like this. Talking about all the solid decisions for foundation, walls windows etc
My father who flip and designs houses told me it is best to go fpr simple paint colors amd if you truly want color pop it on the front door. Looks more appealing without it looking too wild.
Foundations can also include: Brick lined cellar w/ dirt floor; Pylons driven into loose soil to gain stability; Cason construction in wet soils; Elevated to avoid floods; Insulated Concrete; Dirt-crete and sealed; Dry stacked stone; Wood Beams treated or not depending on location [We have these in certain Indiana neighborhoods]; Basements poured concrete, hewn stone, or concrete block.
This video is what made me finally build confidence that I could do it. You are amazing because you honestly don't have to do this and to do this at this level, absolutely THANK YOU. Easy for some folks to critique in the comments but it's easy to be a Monday morning quarterback. Sincerely, thank you for DOING THIS, at this level and sharing this, FOR FREE. I've got the land already for my STR but will probably look you up first once I'm ready to get started because if you did this for free, imagine what the paid course lands you (which might've been your M.O. but I don't care, it worked!!!)
This was useful for those of us looking to do the same for the first time! Saw part 1 and 2 and looking forward to part 3! What are the best ways to find reliable builders and contractors who are not CON-artists?
Dude. Your graphics are consistently top notch. As an editor myself (sometimes for some huge RUclips channels) I know how much work that is. Are you doing it yourself? If it was me, I would definitely need to outsource the graphics package and just adjust them for each video. Props to you for putting in the time… they keep the videos fun and engaging (even though most people don’t recognize the work involved 👏)
2024 Framing our 2000sq ft home cost us $170k stick framing with a few steel beams… nothing horribly complex. The drywall was $62k.. foundation was about $37k. Plumbing 23k and electrical was 19k.
I have just recently verified multiple concrete prices in Oregon (nothing less than 190 a yard) , and in Tennessee at 175 a yard... Im curious where concrete is 120 or 130, maybe 10 years ago.
I am looking forward to part three! I just started looking at land in CO with a goal of having a few STRs on the property and eventually building my own home on that same land for retirement. Your videos are extremely helpful!
Finding buildable land under $50k, within the golden triangle, is like finding a unicorn at the end of a rainbow. Especially if the property has a view.
I appreciate that you are bringing a ton of value in this video. You promoted yourself in a good non sleezy way. I will be subscribing and checking out your program. Great content Good video quality Well done!
Thank you so much for the content and cost breakdown! I’m applying this to my first Airbnb property in the Pocono mountains 🙌🏻 ! Ps Emmarosa age 9 and Tosca age 6 say “ you ROCK !! And thanks for helping our dad ! “
I really liked his production quality, graphic and motion design. He uses sound design elements and great editing, lighting sound quality. Who does all things? Do you have a team or just you? Please tell me the details.
Just so you know, we typically recommend a liquid budget of at least 40k from our new members, as we have found that to be a good starting point to get involved in land hacking, depending on the area, whether or not you already own land, & whether you plan to do a lot of the work yourself or hire it out. Our top priority is to ensure the success of our students in their land hacking ventures & we believe that starts with a sufficient budget.
I wish the labor cost around here Canada Ontario would be close to this one, once I paid 4k to just re insulate and drywall one of my wall, and the wall is not even big.
But it is…with an FHA loan that’s only ~$13k down. Even a construction loan at 20% down is $60k. Monthly mortgage on $300k would be $1500 - $2000/month. Or $18k - $24k a year, most of which is tax deductible. If you land or property hack you probably won’t even have a mortgage. So yes, it is extremely affordable. Unless you don’t have an income or capital, then everything is unaffordable.
@kaiandrew super informative/comprehensive video! I wondered if you use a PMS and if you would share which one. Been trying to figure out which will work for us and tired of doing disappointing free trials. Thanks!
I got a 800sf foundation done in 2022 for about 12k all in, final cost of construction was around $250/sf, if you were building in 2018 or 2019 it was MUCH cheaper, then in recent years, he does mention it was a few years ago..
I like the ideology of treading lightly on the landscape so I agree, slab on grade is not the go. Prefab is also the way to go using SIPS panels to lower energy bills. Using a mono slope roof means you can angle it at exactly the right angle for solar.
Can't get a decent piece of land for less than $300k here in Edmonton, Canada. Edmonton is a more reasonable place to build too. Vancouver and Toronto is a different story.
not really related to this video but I had a meeting to learn more about your program and the person who was supposed to meet with us didn't show up. Still interested but more skeptical. Anything that can be done about this?
Hey there, I’m sorry to hear that. One of our members had a recent medical emergency and it may have coincided with your appointment. Send me an email and we will get it sorted out. Kaiandrewbusiness@gmail.com
modular homes are supposed to be cheaper. They're made cheaper, they're made with poorer cheaper things. This trend that a cool modern design means $400 sqft house that is delivered by a truck is absolutely outrageous. $400sqft is mansion construction levels. absolutely sickening what this industry has become. Insurance covers only a fraction of prefab homes due to the dog water tier constructions or finishings. They looks good but it's ikea level.
Negative ghostrider. You're speaking like another person without construction experience. You're confusing modular, manufactured and pre-fab homes. There are modular and prefab home that are built significantly better than your local townhomes and mass produced homes. Putting up a higher quality home in 1/5th the time of a traditionally built home is valued by a lot of people. And $400 sq.ft. is definitely not mansion level. Have you looked at major cities lately? Seriously, look at any major city with more than a population of 1m and you'll see a lot right around $400 sq.ft. If you want cheap, go buy a single wide or shed and throw it on you land. Done.
We still have building code requirements but not everywhere. America has a little more freedom when it comes to construction. Home owners are able to build their own home in the majority of areas.
Who else hates hearing youtubers say everything precisely down to the penny? It's weird. Nobody cares. Just say $285k. Nobody references large purchase prices with the pennies. Nobody says "My wife and I just moved into our house, we paid $485,105 and 32 cents.
Come hangout with me in our next free live webinar, Saturday, March 30, 2024 at 9am PST. Save your seat here: kaiandrew.com/live-webinar-registration/. I'll be sharing how we are using data to find and create dream income properties. See you there!
Missed it as I just found the channel but love what you are doing
This is the summary of the rent vs buy decision I’ve been trying to figure out for years. The rental income vs mortgage payment calculation never made sense to me. But this is much more logical and makes far more sense. Thank you for simplifying this!
Most people are unable to handle a fall since they are accustomed to bull markets, but if you know where to look and how to get around, you can profit handsomely. It depends on your entry and exit strategy.
The fact that the US stock market had been on its longest bull run ever makes the widespread worry and enthusiasm understandable given that we are not used to such unstable markets. As you pointed out, it wasn't tough for me to earn over $780k in the last 10 months, so there are chances if you know where to go. I hired a portfolio advisor since I was aware that I needed a solid and trusted plan to survive these trying times.
I tried looking into new strategies to profit in the current market because my portfolio has been in the dumps for the entire year, but everything I tried just seemed to miss the point. Please let us know who your asset manager is by name.
Her name is Sonya Lee Mitchell. Hope that helps
Just copied and pasted her on my browser and her page popped up immediately, thank you for saving me hours of researching.
I'm a general contractor in Georgia-this is the first video I've seen of yours and I am more than impressed. Not just a great video but you really know your craft. Well done sir!
Thanks 👍
Would be nice if contractors really tried to save people from spending a fortune if they don't have to.
Some do. Just have to remember, the contractors have to make some money as well.@@John-du2mq
North Georgia, by any chance? If so, what's your company's name?
North Atlanta metro area. based out of Cherokee county. HJA Construction.@@terriblejustawful2825
Best tutorial on building an awesome house for cheap. I’ve been searching a video like this. Talking about all the solid decisions for foundation, walls windows etc
My father who flip and designs houses told me it is best to go fpr simple paint colors amd if you truly want color pop it on the front door. Looks more appealing without it looking too wild.
Foundations can also include: Brick lined cellar w/ dirt floor; Pylons driven into loose soil to gain stability; Cason construction in wet soils; Elevated to avoid floods; Insulated Concrete; Dirt-crete and sealed; Dry stacked stone; Wood Beams treated or not depending on location [We have these in certain Indiana neighborhoods]; Basements poured concrete, hewn stone, or concrete block.
Yeah, there are a lot of options. I tried to cover the most common ones so we didn’t have a video on just foundations :)
Where in Indiana are you located?
@@steveportillo1717 Central Indiana, why do you ask?
This video is what made me finally build confidence that I could do it. You are amazing because you honestly don't have to do this and to do this at this level, absolutely THANK YOU. Easy for some folks to critique in the comments but it's easy to be a Monday morning quarterback.
Sincerely, thank you for DOING THIS, at this level and sharing this, FOR FREE. I've got the land already for my STR but will probably look you up first once I'm ready to get started because if you did this for free, imagine what the paid course lands you (which might've been your M.O. but I don't care, it worked!!!)
This was useful for those of us looking to do the same for the first time! Saw part 1 and 2 and looking forward to part 3! What are the best ways to find reliable builders and contractors who are not CON-artists?
I think the key to this video is to build in the middle of nowhere. This keeps costs down significantly.
The Instruction on this is Amazing! I finally understand the different foundation types. Impressed, Subbed.
Dude. Your graphics are consistently top notch. As an editor myself (sometimes for some huge RUclips channels) I know how much work that is. Are you doing it yourself? If it was me, I would definitely need to outsource the graphics package and just adjust them for each video. Props to you for putting in the time… they keep the videos fun and engaging (even though most people don’t recognize the work involved 👏)
IKR, I am a professional editor, and have worked for RUclipsrs as well, and the quality is almost on the level of a network reality show lol 🤣
This might be one of the most informative and well done videos I've seen on youtube. Well done!
Loving this series ! As a nurse working two jobs I definitely would like to diversify
Thanks for what you do in our medical field. I know you all are working hard.
This is one of the best videos breaking the cost of building materials that I’ve seen in a long time 👏👏👏
2024 Framing our 2000sq ft home cost us $170k stick framing with a few steel beams… nothing horribly complex. The drywall was $62k.. foundation was about $37k. Plumbing 23k and electrical was 19k.
Thanks for sharing
170k just for framing????? What on earth?!?
Thanks! I’m researching building my home. So far I’m not turned off, yet.
Ha good
Super informative. The estimated cost breakdown is pretty on point for most areas.
Just ordered concrete 185/yard “contractor price” ordered 1 truck = 9 yards in Tacoma, WA this is just the truck of Concrette. no pump no labor
I have just recently verified multiple concrete prices in Oregon (nothing less than 190 a yard) , and in Tennessee at 175 a yard... Im curious where concrete is 120 or 130, maybe 10 years ago.
I think some of his numbers are a bit off, its 165/yard around my area, which is 30% higher then what he quotes.
I am looking forward to part three! I just started looking at land in CO with a goal of having a few STRs on the property and eventually building my own home on that same land for retirement. Your videos are extremely helpful!
You can do it!
@@KaiAndrew I sure hope so. Haven’t the slightest clue what we’re doing but trying to learn!
Great video! We built a 5000 sq ft estate on 3 acres and only spent $200k(including land). Its definitely possible.
Finding buildable land under $50k, within the golden triangle, is like finding a unicorn at the end of a rainbow. Especially if the property has a view.
True. But this isn’t for an optimal investment home. This is more for you to live in.
I appreciate that you are bringing a ton of value in this video. You promoted yourself in a good non sleezy way. I will be subscribing and checking out your program.
Great content
Good video quality
Well done!
Thank you so much for the content and cost breakdown! I’m applying this to my first Airbnb property in the Pocono mountains 🙌🏻 !
Ps Emmarosa age 9 and Tosca age 6 say “ you ROCK !! And thanks for helping our dad ! “
Tell them hi! 👋
I really liked his production quality, graphic and motion design. He uses sound design elements and great editing, lighting sound quality. Who does all things? Do you have a team or just you? Please tell me the details.
Thank you! Yeah, I have a small team that are rockstars. :)
@@KaiAndrew Great work! I really enjoyed what I watched and learned lots of things.
13:20
1. Between a Metal Roof and Shingle, which one lasts longer?
2. How loud does it get when it rains on a metal roof?
Great Content, Keep Up The Good Work
Just so you know, we typically recommend a liquid budget of at least 40k from our new members, as we have found that to be a good starting point to get involved in land hacking, depending on the area, whether or not you already own land, & whether you plan to do a lot of the work yourself or hire it out. Our top priority is to ensure the success of our students in their land hacking ventures & we believe that starts with a sufficient budget.
Amazing content. Keep up the good work!
Awesome content brotha, feels like I’m watching HGTV or DIY network, brilliant
Got my Subscription 👍🏼
Thanks man!
congratulations - home looks dope!
Excellent video.
Screw piles are the way to go for inexpensive but stable foundations.
great build🎉
Can you do the same video but for $125k?
Seriously, homes are waaaaay too expensive now a days.
For what it's worth, an oak door exposed to the elements can last 200 years. Pratically every chuch in England has one of these.
I wish the labor cost around here Canada Ontario would be close to this one, once I paid 4k to just re insulate and drywall one of my wall, and the wall is not even big.
What's sad is that some ppl think 300k for a home, is "affordable" .
It's not. Not even close
But it is…with an FHA loan that’s only ~$13k down. Even a construction loan at 20% down is $60k. Monthly mortgage on $300k would be $1500 - $2000/month. Or $18k - $24k a year, most of which is tax deductible. If you land or property hack you probably won’t even have a mortgage. So yes, it is extremely affordable. Unless you don’t have an income or capital, then everything is unaffordable.
Watch part 1 here: BUILD your own DREAM HOME for just $300k | Part 1
ruclips.net/video/8fk93fcDrBo/видео.html
@kaiandrew super informative/comprehensive video! I wondered if you use a PMS and if you would share which one. Been trying to figure out which will work for us and tired of doing disappointing free trials. Thanks!
How can i contact you?
You forgot one type of framing. Stick, Metal, Concrete Block, Pre-fab, and don't forget ICF (Insulated Concrete Forms)
True. I haven’t seen it used much and don’t have experience with it. But that is definitely another good option.
Great presentation! May I ask where did you get your titles/title pack from? I really like them. Cheers.
Awesome series!
Bro you just shared my dream in one video
Great! I hope it helped.
Flying down to Valdosta Georgia in 2 weeks...
I just got an estimate for a 1600sf foundation for 63k. All flat land. I must be missing something😮
You're not missing something. He is
I got a 800sf foundation done in 2022 for about 12k all in, final cost of construction was around $250/sf, if you were building in 2018 or 2019 it was MUCH cheaper, then in recent years, he does mention it was a few years ago..
That's the contractor saying he doesn't want the job. Run sir run
Contractor attempting to bend you over.
Wow, wow, where have you been all my life, and yes it sounds cheese but i'm from canada and currently thinking building a dream home from scratch....
Awesome. Glad we found each other. :)
7 acres plus a home for $300k. 1/4 acre of land is more than $300k in Santa Rosa, CA. Labor is $$$ too.
1/4 acre is $20M in NYC. Don’t buy or build in Santa Rosa…?
I like the ideology of treading lightly on the landscape so I agree, slab on grade is not the go.
Prefab is also the way to go using SIPS panels to lower energy bills.
Using a mono slope roof means you can angle it at exactly the right angle for solar.
Agreed!
Steel and concrete is the strongest type of buildings. If i had the money i would build my house steel and concrete.
nice video
That lamp on the top left moves as if there's a constant earthquake... or maybe lots on deflection on that floor? 🤔
lol. Lamp is attached to the desk and I keep bumping the desk
the sad part is, that back in the day they told people that Pree-fabs will be cheaper. but looking at the prices overall, that is not the case...
What about floating foundations for earthquake prone areas like CA?
Nice video! The labor cost is wildly low. At least for anywhere near a coast.
When is part 3 dropping?
Soon :)
Bro, you’re a genius, can you do construction in West Africa for me?
Or how do i contact you for a convo plz
Ironically enough its cheaper to use bricks/ concrete here than metal/ wood framing. 😅
Can't get a decent piece of land for less than $300k here in Edmonton, Canada. Edmonton is a more reasonable place to build too. Vancouver and Toronto is a different story.
Yeah, land can get expensive in and near big cities.
Land here in Vancouver start no less than a million, impossible to do here.
Why is to be safe 2.5 times? contingence?
That’s just the general cost when you bring on concrete foundation subcontractors. It will vary from area to area.
not really related to this video but I had a meeting to learn more about your program and the person who was supposed to meet with us didn't show up. Still interested but more skeptical. Anything that can be done about this?
Hey there, I’m sorry to hear that. One of our members had a recent medical emergency and it may have coincided with your appointment. Send me an email and we will get it sorted out. Kaiandrewbusiness@gmail.com
informative
🌚Curios about the brand of car in the cover page😂
modular homes are supposed to be cheaper. They're made cheaper, they're made with poorer cheaper things. This trend that a cool modern design means $400 sqft house that is delivered by a truck is absolutely outrageous. $400sqft is mansion construction levels.
absolutely sickening what this industry has become. Insurance covers only a fraction of prefab homes due to the dog water tier constructions or finishings. They looks good but it's ikea level.
Negative ghostrider. You're speaking like another person without construction experience. You're confusing modular, manufactured and pre-fab homes. There are modular and prefab home that are built significantly better than your local townhomes and mass produced homes. Putting up a higher quality home in 1/5th the time of a traditionally built home is valued by a lot of people. And $400 sq.ft. is definitely not mansion level. Have you looked at major cities lately? Seriously, look at any major city with more than a population of 1m and you'll see a lot right around $400 sq.ft.
If you want cheap, go buy a single wide or shed and throw it on you land. Done.
I’m sorry but Hardie board is too thin! It’s brittle and breaks down in water worst than cardboard! It would not last on our farm! T11 is better IMO
Part 3?!
Coming soon!
Stick framing is the worst build in the world. Block build is the way to go.
I would argue mud, cardboard, snow and concrete without rebar worse.
how about electrical, plumbing and etc.........
It’s in part 3 :)
what software are you using to edit your videos?
how did you work with plumbing in your area?
I did most of my own plumbing. But you can hire a plumber...Sorry, not sure what you're asking.
what city are you in? im in los Angeles and wondering how drastically these numbers would change here
where can I find that mario pinball machine at 17:11
What are the building permits system in the US s it easy? in the Uk you could never build your own home
We still have building code requirements but not everywhere. America has a little more freedom when it comes to construction. Home owners are able to build their own home in the majority of areas.
@@KaiAndrew Thats amazing - why doesn't everyone build their own and stop buying developer built units?
@@bennjj4478 I did but most are either too lazy or time-strapped.
In the tropics I believe you need concrete to withstand a hurricane.
HAHAHA roofer wanted 10k for that job... i'm going to become a roofer now
kitty 😻
Are you interested in doing something with coconut jungle land in the PHILIPPINES?
Nice but I think spending 200k on the exterior paint was where you went wrong.
You should put time stamps tbh
Yeah, I thought YT would do the auto chapters for the video
Now do it for under $150,000.00 so middle-class people can afford it.
$300k is for the middle class…
Or use brick like we do in Europe and your house won't be blown away by a stronger wind.
Never use shipping containers for a house.
Oops, already did…
@@KaiAndrew Novice mistake
@@richardmckrell4899 and why would you say that?
@@uncleyetti9553 There are many artilcles on it, just google
Subs!
Why are houses made of paper in US
Please... free the ears... great content.
#tucklife
@@KaiAndrew 😆
Promo>SM
Not sure what this means...
Good content, but I was distracted by his hat smashing his ears. Might want to look in a mirror before shooting next time!
Grow up dude
Who else hates hearing youtubers say everything precisely down to the penny? It's weird. Nobody cares. Just say $285k. Nobody references large purchase prices with the pennies. Nobody says "My wife and I just moved into our house, we paid $485,105 and 32 cents.
Just you, bro. Weird thing to comment on.
Fome
Cubic yarda... why don't just use the frigging metric system?
America...?