How he TURNED WASTELAND into $500k/YR with Tiny Cabins & Yurts

[@reubs_O1]

TLDR: Their cabins are near wedding venues and have customers that book the whole property for their friends and families.

[@J.sh_CDN]

A smart fellow could always built a venue on the smae property, even if it were more of a Summer only, Outdoor only venue. Even an outdoor mostly venue with a removable plastic shelter for rain and such. My sister had an outdoor wedding that used one of those when it started to rain. I think they even had propane heating in it. Obviously not good for winter, but for cold fall or spring it worked

[@lawncaretoamillion]

Thank you

[@MrTwinkieeater]

Thank you. The title is clickbait.

[@LooshChipper]

Small cabins and a nice venue have a special kind of synergy.

[@shadeedmuhammad8107]

Thank you

[@lucid9800]

Zoning is the biggest hurdle in most areas where this would be profitable.

[@FenjaminBranklin95]

Cost of land has exploded in the Texas Hill Country (I'm from the area). Also, there's a couple more properties being constructed that replicate this one. I'm curious to see how competition and the cost of constructing these cottages will impact their profitability.

[@soobv]

I don’t blame the guy for ghosting you. I wouldn’t want to offer up info to competition either. I had someone come up to me at my land hack and I downplayed my numbers. Some like to brag and some like to disclose as little as possible. The more you talk to direct competition the more money that will be leaving your pocket over the years.

[@h8marxists663]

EXACTLY!! I don't understand why people don't realize this!!

[@BadMannerKorea]

Then he shouldn't have agreed to meet and then ghost. It's disrespectful. It's better to just ignore requests or explain that you don't want to give away information to potential competitors.

[@dpmulvan]

If someone is on KZbin telling you this is a great way to make money it’s already too late. This would have been a good investment 7 years ago, now your a day late $$$$ short. Price of building Materials,taxes, land, Airbnb fad slowing down, government entities thinking of ways to cash in themselves. Very few states have unrestricted land no bank is going to loan you money to buy yurts or build tiny houses without collateral.

[@data5461]

Would love to have some insight about how demanding it is to run Airbnb on so many buildings, having so much turnover and cleaning to do

[@maiakk-music]

Definitely needs to be factored into the costs. We have 3 AirBnB listing on our property (we live here) with about 65-70% occupancy and it keeps us quite busy (2 of us)...more than you'd think.

[@billywalker9223]

My almost 400 acres of mountain farmland is a challenge. Anyone familiar with mountain land knows that the boundaries zigzag and meander with waterways. Now I have the incentive to tuck small cabins into the jagged points. I was already planning to construct larger structures, as I couldn't get couldn't attract buyers at $750 per acre, and I knew that I had to make the land pay for itself. Financing construction is no problem, as the huge amount of timber will provide building materials. The land is zoned Agricultural Use, so everyone renting a cabin will be required to work on the land for 10 minutes, which makes them an agricultural worker.

[@tyajjjjjjjjy]

750$ per acre? I’d like to buy some

[@billywalker9223]

@@tyajjjjjjjjy It's not all fun and games. The 186 acre tract and the 165 acre tract are accessible only with a 4wd vehicle half of the year. The smaller patch is not quite as secluded. The county has some strict rules about land. You need 2 acres for a well and septic system, as there are no public utilities available. You have to have 20 acres or more to enroll in Land Use tax rates. Nobody wants a large parcel, they only want a couple of acres. The county bills the purchaser for 7 years prior taxes at retail rates when the land is taken out of Land Use. So 2 acres would be $1500, the survey would be about $2500, the road improvements would be about $10k, well and septic about $25k, fence to keep cattle out around $5k, prior retail value taxes $5k, and so forth. Snow removal would require a 4wd tractor or dozer, for another $40k. Most people don't want to live back in the sticks, with law enforcement and shopping an hour away. It doesn't bother me, as I grew up here, and have plenty of equipment and vehicles for every situation, and I don't mind the electricity being off for a week at a time when it snows.

[@tyajjjjjjjjy]

@@billywalker9223 my dream is to own land and live away from the city, my father has many acres of land and we go there many times through the year. But I want my own land one day. Your living the dream brother.

[@billywalker9223]

@tyaj694 My Great great grandfather bought the land in 1874. He died in 1880, and my Great grandfather paid it off. He was in his teens.

[@UsweetLeilani]

@@billywalker9223 This is the MOST HONEST Assessment of what it's TRULY LIKE to own acreage. I was sick of the city and moved "back home" and bought 12 acres 45 minutes from "civilization". What you said about 20 acres is true. I was over 10 (Taxed and Financed at a different rate by Lenders and County) and Under the "required 20" - Making it a challenge. I put in the well, septic, road (including a bridge), and power. Found out the reality of Black Ice and 4-feet of snow (taller "drifts") when you have to go "to the city" for work at 7am every morning and it's still dark outside. I only lasted 5 of the 10 years I owned it. NEVER AGAIN! Be careful what you wish for... You WILL get it in spades! And HOW YOU HAVE WORKING INTERNET is Beyond Me!!! 🤣 I couldn't even get Cell Phone service where I was in the mountains. That's one of the biggest reasons I gave up. Now I live in the desert 🌴

[@coloradolandandranch]

Great video, but I wouldn’t exactly call that place a wasteland?? Zoning is different in every area. In my area, outside of Colorado Springs, there is no such thing as “unrestricted zoning”.

[@LaJewel]

Alt buildings and yurts are not legal in some areas, such as Joshua Tree.

[@Flipping_Assets]

Where can one find unrestricted zoning?

[@mcrage81]

So I guess he has permits and septic for each one of those!? A well? Do you guys talk about that costs!? 30k-40k for well and septic system.

[@mkeuphoria]

Yeah I was hoping to learn about that too.

[@greyham123]

This video was really well put together. I loved the attention to detail. Thanks.

[@kylebecker5083]

Great stuff, Kai! I live in Dallas, TX and own a few tiny houses on wheels. My dream business is to create a very similar tiny house community in North Texas. Man...I should probably take your course.

[@KaiAndrew]

Awesome! We are ready for you when you decide to join us!

[@ashleybruce473]

Where's the link to the next video you mentioned at the end of this video?

[@HenkjanPeters]

Hi Kai, where can i find the excel sheet of 07:37?

[@JohnChisenhall]

I wonder what the Yurt brand they use is?

[@kristinalowe9819]

Yurts are best in dry locations. Just an FYI

[@precioushumanrebirth]

We have 75 hectares in mountains in Panama, with unobstructed view of 2 hours worth of beach. Been trying to sell forever-interested in developers or buyers big time! 🇵🇦

[@arlingtonvirginiarealestate]

How much? Love Panama

[@TheInternalwisdom]

Wonder what zoning you need to do this in BC canada or even if that is allowed now as they r hunting down airbnbs

[@LifeFer48]

Awesome video! I have a chance of partnering with someone who has 30 acres and doesn't have the time to do much with it! I'd love to get some advice on how we can maximize the space and make the most out of it!

[@reneeangus2521]

Great Analysis

[@trihuynh5840]

I just started campground. It had electric. I am going to put a new mobil home, but I don’t think it a good fit for Airbnb. I am interested to put a mall cabin first around the pond. Please advise, thank you.

[@trihuynh5840]

Hi Kai . I have close to 5 acres of land in Burnet county tx. I would like to know if you could run the numbers with your analysis.

[@vramxn7793]

how does one join the discord?

[@annebella8851]

Many people venture into crypto to be wealthy, meanwhile I just want to be debt free.

[@leahmolly9150]

Unfortunately The majority of individuals seem unaware of and careless when it comes to investing, despite the fact that it should be the best thing a person can do for himself. My gains from stocks and cryptocurrencies are still having a significant impact on my fortune. So I have no inclination to rely entirely on my pay or to wait for the market to go up.

[@roycorey7454]

Assets that can make wealthy Crypto Stock Real estate Gold

[@andreajueal8243]

When you invest in crypto you are buying days you don't need to work

[@danielmedina4953]

Now is the best time to purchase and invest in bitcoin, stop procastinating

[@billymark7125]

I diversified my $25K portfolio across multiple market with the aid of an investment advisor, I have been able to generate over $450k in net profit across high dividend yield crypto in few weeks or months.

[@TimDawes]

Wow, awesome analysis.

[@Dj1timeWonka]

Hey Kai, Love what you are doing in these vids. What was the size of the land for this property?

[@elizabethcarrington5819]

10 acres

[@Dj1timeWonka]

@@elizabethcarrington5819 Thanks Elizabeth!

[@Press8]

Where is your property in Texas?

[@blujay9030]

How much land does this spot have? Im working with 5 acres

[@elizabethcarrington5819]

10acres

[@curiouspenguin6887]

As long as your local zoning commission allows this. Not easy to get away with in other areas.

[@ChristopherSloane]

Im at a loss of what would draw people out to this spot beyond getting out of a city. There is nothing to do without effort to drive some place. So what is the reason people would come here so often?

[@lukem5962]

Where is this?

[@oliverkuehn7576]

GenX don't stay in cabins?

[@paradise6606]

What area are you talking about? More real information would be helpful.

[@MoeDeNiro]

Excellent Content!

[@Flipping_Assets]

What state is this in?

[@fryefamily]

What type of business would this be considered? For zoning and permitting purposes. It’s not a campground since the buildings/units are supplied and some are fixed to the ground.

[@CephlonMayngrum]

Airbnb

[@KaiAndrew]

Live classes with me and my team of all-stars just started this week. LOTS more to come. Setup a call and see if you should join our program and community. calendly.com/kaiandrew/land-hacker-success-call

[@Outofboundsretreats]

Do you ever share the info for who you use to finance your projects? New construction str loans are getting harder to fund…

[@KaiAndrew]

@@Outofboundsretreats Yeah, we talk about it inside our live classes. All lenders are playing it really safe right now, but there are still options out there if you qualify.

[@Afrofingah]

1368$ a day?

[@shoutingatclouds1050]

All these homes you reviewed can be broken into in about 3 minutes. All these dwellings are less secure than even a van that's why container homes are the most popular.

[@KaiAndrew]

Maybe where you live. Try breaking into a home in a rural part of Texas. I dare you. There’s a reason why it doesn’t happen very often. Lol.

[@HashAboveSowBelow]

You can get into any home in 3 min by breaking a window

[@karenbuckner1959]

My father used to say, "a lock only keeps an honest person honest. "

[@SterlinNelson_VTXBuilders]

Southeast Texas is the Golden triangle.

[@Outofboundsretreats]

I found your channel last year and it was awesome to have validation of the feasibility of our own project. 😅 Also, many thanks for bringing Accountability to your channel. Kevin has been a huge help and just a genuine guy!

[@johntherat339]

Great video! Still can't decide between a yurt and container for my second structure on my property. Yurt would be cheaper by ~10k but same amount of speed for both. Hmm

[@angetodac]

those 10 acres had to be developped first before starting to produce half million per year

[@docholiday8818]

We have property and would like to build a Airb&b 100 acres

[@marejan777]

can i help out building?

[@jenniferbailey4435]

Man. I just want a yurt, a small cabin for my two adult kids to share and a small house on it for my mom- she would do a tiny too- I find a lot of places that say you can't have multiple buildings or families... Even though we are related... I am confused how this works... And everyone is okay with it- they said I can't build because they didn't want strangers in the area even though there is no HOA in the area... I wish it was easier to figure out- anyone have an airbnb place like this for sale- Yurt desired-

[@endedcritzyahoo]

Great stuff Kai, have anything on mountaineous terrains?

[@homehost6249]

Great video! Thanks for making it Kai!

[@Frivals]

You speak without telling anything 🙄🙄🙄

[@OneRentalAYear]

Nice breakdown! Love the videos! Keep it going!

[@KaiAndrew]

Thanks! Will do!

[@GarcesyJaramillo]

Verry good info.

[@KaiAndrew]

Thanks! Glad it was helpful

[@KrustyKlown]

Wasteland with 3,300 sqft of structures = $3.3 Million ?? ... something ain't right, lol. Also, in your cost analysis, you didn't include any of the land improvement costs .. roads, landscaping, water, spetic, utilities .. are you serious about this, or just making videos for profit??

[@publicproclaimer9724]

Great video!!

[@Cookies205]

Great breakdown Kai, thanks!

[@angetodac]

he didnt turne wasteland into smthing, but invested in vacant land situated near wedding venues

[@kikigirlkauai]

This is from 2017 because he said last year 2016.

[@redsteedproperties2405]

Nice video! I’ve been thinking of putting some yurts on one my pieces of land.

[@ENYoung]

Great video lots of value and info. I always appreciate it Kai

[@KaiAndrew]

I appreciate that! Glad it gave you value.

[@donapaulin2600]

Isn’t the market saturated now?

[@JTCDesignStudio]

This is inspiring..i do wonder if this can be done on a smaller scale. 🤔

[@apartmentinvestingforbeginners]

That is so cool

[@Starfish2145]

not a wasteland

[@KaiAndrew]

Well, that's because you see it finished....

[@nycnow811]

Why couldn't I have a big brother that knows all this 🤦‍♂️

[@marejan777]

I am looking for adventure, can i help you out to do it?

[@nycnow811]

@@marejan777 Sure that would be awesome

[@marejan777]

whats your ig or fb or similar?

[@nycnow811]

@marejan777 i.g is Ernyc1

[@joeyrock5360]

Do you know the difference between an assumption and a deduction? you keep saying assumptions, assumptions, assumption! An assumption is a guess without any evidence to support it. A deduction or deductive reasoning is the act using logic in an investigative way and making an educated guess. stop saying assumptions!

[@jordymg]

Great video Kai! Have you ever thought in invest outside us?

[@KaiAndrew]

Thank you! Yep, I’ve thought about it quite a bit

[@portaldejugadores445]

@@KaiAndrew How can I know if Mexico is a good place to create or build something? I have land out there and would love to use it.

[@isaacfrench]

Texas tax assessed value is NOT the same as market value 😊 Great video though

[@KaiAndrew]

What?! Why do I pay taxes off my market value then?

[@soobv]

It’s pretty close to market value

[@johngraul3717]

Tax appraisal value and market value are seldom in sync. In TX market value is typically higher than tax value.

[@dallastxrealestateinvestin8891]

It’s a nice video and thank you for the information but you are wrong and you give the wrong impression of the cost to build something like that! You are misleading, you’re missing over 1/2 a million cost, that, including septic system, utilities, infrastructure permits, and engineer reports, roads and waterways fences, and gates and landscaping , signage and etc.

[@telirishi]

Hi Kai, I follow your channel and love your content. I am realtor based in austin Texas, and I also manufacture custom design container and Modular homes, which are much sexy and much higher quality than these and we can build at much affordable cost. I would love to connect with you and show you our work.

[@KaiAndrew]

Awesome. Post your website

[@AllTimeHighChris]

Hi RISHI! Do you ship/build nationwide?

[@lifecoaching5068]

This guys just got lucky most of them fail

[@URabout2b]

I think this is great information but the nature of how its obtained is questionable. Imagine a restaurant in a small town and some dude from out of town is about to build a restaurant next door. This dude goes to the existing restaurant to have dinner in order to scout it out and film the interior and grounds. He than ask the restaurant owner to see his financials. The new dude is not only going to come in as a competitor but also publicly broadcast assimilated information about his competitor. I can only imagine you're skating on thin ice from a legal stand point.

[@KaiAndrew]

I can see your point. I never gave the name or location of the property. Besides, all the data is public information and I just applied my research and knowledge. I didn’t take any information that isn’t readily available. And it’s 100% legal to go into any establishment to scout it out and run numbers. Now if I signed an NDA, that’s a different story.

[@URabout2b]

@@KaiAndrew The information is public that is true. I'm no legal expert, more of an observation. I have to stay within certain legal guidelines working professionally in film and video production, that's why the circumstance of this video caught my attention. I think what makes it dicey is the conflict of interest. If you did the video as an educational / documentary without being a competitor and with the owners permission the context is significantly different. It's informative content, If it were me and I had a worthy size audience I would have a lawyer on retainer to view videos before releasing. Specifically if you don't have location releases. Food for thought.

[@margotwilson539]

How come I don't believe you

[@tonysuarez4393]

Hi Kai, I’m in short term rental biz to myself. I consider myself a rookie in the biz it’s only been around for 4 years. Im mainly interested with your accountant Kevin Smoot. Im interested in getting my accounting done. If you could direct me in the right direction greatly appreciated. Im based in Vegas.

[@beebee4334]

Does anyone know if the land needs to pass a Perc test in order build Yurts or other off grid type structures? Or would this be something a city or county decides….. e.g. City specific codes?

[@QuyenNguyen-xs7oc]

I’ve been on the market for a piece of land and from what I’ve learnt so far, if septic is required by the county, it is likely that the land has to pass a perc test in order for you to get the permit to proceed. I would call the county and find out for sure as the requirements can vary by counties and states.

[@Josh_wenig_Licht]

You said something that was misleading and it makes me question if everything you say is so disjointed. You said Millennials are where the money is at. Very misleading it makes it seem like Millennials are somehow successful which they in fact are not compared to their predecessors the Boomers and the xers Millennials are trailing behind significantly. The fact that Millennials are in such large numbers and boomers are going extinct is the reason why millennials are where the money is at. Which is very different. Not to s*** on my fellow Millennials but when you're paying attention to every word looking to learn from someone and they're kind of misleading...

[@KaiAndrew]

I don't understand your confusion. I never said Millennials are more successful than Boomers. Believe what you want, but Millennials are using Airbnb at a far greater rate than any other generation. Because most Millennials are in their 30s with families and budding careers. Thus, that's where the money is at. Who do you think is spending $500/night for a treehouse? A Boomer? 20 year old Gen Z? No, it's the Millennials. Why would you care how/why a Millennial pay you? You just need to understand they're your core customer.

[@RileyMethod]

No shot you were actually paying attention if this is how you interpreted it 😂

[@aseideman]

Cringe exposé without permission

[@_Epictetus_]

$1369 a day...🤨🤦

[@KaiAndrew]

Yeah, JD. Based on your comments on this and other videos, it seems like math was not a strong subject in school. 🥸

[@MrWookie1981]

@@KaiAndrew $500,000 / 365 = $1,370 per day. Not sure why you think his math is wrong.

[@skrowe]

Mr Me Too !!

[@VickyShrestha-zw5hl]

U talk a lot why dont u make it smart n simple

[@KaiAndrew]

You should show me how it's done.

[@jacknichols9113]

I IOP get it a

[@lilyineden]

🍂🧡

[@ericmaxwell4161]

Fake

[@michaelnicole6286]

Thanks bud for keepin us financially Educated! Regardless of how bad it gets on the economy, I still make over $22,000 every single week.

[@kimberlyanson1631]

That's awesome!!! I know nothing about investment and I'm keen on getting started. What are your strategies?

[@FLOODOFSINS]

I love how these people would say they do hundreds of these deals and yet they are the low level person making a KZbin video lol. Just imagine Jeff bezos having a KZbin channel and saying I do hundreds of business deals and you can to just hit the subscribe button. It wouldn't make sense and it would look so stupid. This is such a joke.

[@KaiAndrew]

Lol. You sir must have been the student that didn’t pay attention in class and wondered why you got Cs and Ds. Never did I claim I do hundreds of these deals - watch again. And there are TONS of highly successful and credible content creators who made their wealth before making videos. Good luck in your life, Flood of sins. Troll elsewhere.

[@MikeHawk143]

This post is spot on, he's like the rest of the other tubers, they all fake it before you make it. While they desperately sell courses, deploy KZbin money and use other people's money to invest in the real estate. I gotta respect the hustle but not falling for it.

[@soobv]

I actually paid for one on one sessions with Kai, and he provided me valuable information related to wells, septic, driveways. I’m doing a land hack (my 2nd) now and it’s going very well, wouldn’t have done it without Kai, was nice to see someone validate my plan. Crushing it

[@MikeHawk143]

@@soobv How much did it cost?

[@soobv]

@@MikeHawk143 i think altogether consulting was maybe $500-600 total for a few hours but I learned so much information that it was well worth it. Kai is only person on YT that I have paid for. He’s a niche and he knows what he’s doing, definitely isn’t a con type person. I also used his accountant and the guy knows how to do accounting for house hacks which was great, I talked to 10 cpas and they had no idea how to do it properly.

[@Loggjamm]

Voiceover makes it unwatchable

[@alien335]

Horible edits. Common sense info. I'm out.

[@KaiAndrew]

Peace out ✌️

[@recluseauhermitticus2033]

Lol the obsession with everyone fighting to hoard more money than their communities and countrymen actually helps maintain poverty. . but please tell me more about how everyone fighting to hoard more money than the next guy is "winning" . . ill wait