This company turns garages into tiny homes for free
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- Опубликовано: 26 авг 2020
- United Dwelling is converting garages into income-generating apartments in California. The company doesn't charge the landlord for the construction costs but takes a share of the rent generated from the new apartment. Watch how it all happens.
Produced by Gabe Ramirez
Supervising Producer: Logan Whiteside
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#TinyHome
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You can build such a place between $40k to $60k, I would rather build it myself taking loan and pay off the loan in first 5 years.
so they get to keep 70% of the rent the next 15 years lol how's that FREE
A brilliant idea to generate income and solve housing issue in the area.
2:32 the company that builds the unit gets $900 a month for the next 15 years not including inflation. just build it yourself not to mention if you have to sell your house what the issues will be there and what's the buyout of the 15-year contract?
Such a positive impact! They looked pretty good as well
How much does a unit cots, and how can I apply for one. Is there a website or listing for this type of property?
this comes across as an ad for the company
Great idea 💡👍❤️
All for free? Okay.
If all your saying is true, then hats off to you and yours.
I luv this.
Some home owners could abuse this service. They could be 3 months into the renting agreement and fabricate a misconduct scenario by the renter, for example attacking the owner. Meaning, the home owner deciding to put renting of the garage turned office, to an end.
And walk away with a free conversion to themselves!
I am certain if this happened the homeowner would need reRent to a new tenant...or buy out the builder for work they did to create the rental. This company knows what they are doing and most likely have covered their risk via contract law.
Uber of garage homes!!!!
Densification.. Africa its called backyard dwellings and municipal services not designed to support burden/sewage/water supply/electricity. Such a wonderful idea but I 🤔wonder reality of pandemics changing cities perhaps wait and see. Wish you well🙏💕 PS. I also believe there is nothing as a free lunch. How can anything be 'free'. Labour? Time is money ain't it.? Who grew that tree /cut it down carted it? Let's think..
Not free at best it is a building loan paid monthly for 15 years. You partner with the company. They rent it out not you...they pick the renters who will live steps from your home...not you. If not rented at times those months will add to the 15 years you pay. Be very careful. Don't anyone jump in without knowing ALL the pros cons and risks.