Income Experiment with Mother-In-Law Shipping Container Home

[@milddivine146]

Found you randomly, I just have to say that you are well articulated and extremely smart! Really enjoy hearing you talk about your passion for real estate, this is such an awesome Idea!

[@KaiAndrew]

Hey! Glad the YT gods brought us together. I appreciate the kind words :)

[@matthewgage3457]

This channel by far gives the most information on the how to do. We all appreciate you spreading your knowledge to the rest of us and I’m personally looking forward to future videos! Thanks!

[@boomknight1015]

One thing I'd worry about clearing out so much brush is will the ground hold from sliding but I think large rocks is a good sign. Granted I don't know for sure if large rocks helps cut down on mud slides.

[@boomknight1015]

I'd want to be safe by planting some trees in places near by but not close to buildings just to make sure down the line it wont be an issue.

[@markgaterbondifinancialguy3885]

Looking forward to watching this when I get into the office.

[@KaiAndrew]

Thanks, Mark! :)

[@PaigeVanO]

Such valuable content! I've watched nearly all your videos in the past few days. Thank you!

[@KaiAndrew]

Happy to hear that!

[@KellyConcepts]

Phenomenal video! The specific numbers for the different tasks really puts this project into perspective. I also like the breakdown with doing it yourself vs hiring the work out. I'm constantly struggling with that because I like to save money.

[@KaiAndrew]

Thanks, Kelly! I struggle with it everyday. I'm about to go outside and fill in holes for the foundation myself to save money...lol. We'll see how far I get.

[@juve7105]

Love all this knowledge you share brother. Keep them coming. Would love to see a breakdown on how you only spent $18K on one of your airbnb rentals.

[@KaiAndrew]

Of course. Thanks for watching. The $18k was because I was just “adding on” to a house I was already building. So I didn’t have to pay for permits, land and base materials twice. I also did all the labor so that saved me probably around $40-$50k.

[@belindamang3563]

Love it! Looking forward to seeing the project being built out!

[@carlmj16]

I’d like to see an update on this project. How’s it coming along?

[@homehost6249]

Great video! Please don't hesitate to go over the details! Also... Hiring is a better way to go :) Good luck dude, looking forward to seeing more of it!

[@roberta5665]

Thanks Kai🙂

[@KaiAndrew]

Cheers, Roberta. :)

[@BStrambo]

Great project! I'd like to start with just a single 40' high cube airbnb...and I'd probably be building it out mostly myself. Smart to hire this stuff out, as a beginner with no $ you gotta do it yourself, but at this stage you'd be a fool to spend all that time inefficiently doing menial tasks when you could be making way more $ per hour coordinating the project. I bet you can sub it all out and have the glamp tent and 3 containers built for you in less time than you could have done just the tent all on your own.

[@sager3388]

Honestly idk I became subscribed to this channel But I'm glad I did! Can't wait to see your projects come to fruition.

[@swiftymcfly]

I'm pumped to see your progress. Keep it up! I have similar plans for one of my properties.

[@KaiAndrew]

Thanks, man! Keep me posted on your project!

[@remyg5457]

Most excellent content! I'm soaking up so much practical knowledge and wisdom from your experiences. Much appreciated!

[@KaiAndrew]

That's awesome, Remy!

[@interceramics]

Glad things are coming along! Saw the IG post!

[@KaiAndrew]

Thanks! :)

[@MichaelTandarich]

Can you make a video on how you did the bathroom in the shed?

[@generationfinance4468]

Love the video and the details you are going through. Do you go back into your model to reconcile what you are getting in return vs forecast? Look at IRR?

[@dircksenc]

Love your videos man, keep em coming!

[@KaiAndrew]

Thank you, sir! :)

[@APT0905]

This sounds great!!!

[@KaiAndrew]

Thanks 🙏

[@Dark.Stories98]

Great video

[@KaiAndrew]

Thanks, Steve. Glad you enjoyed it.

[@mont5584]

Would love to purchase one!

[@KaiAndrew]

You can get a small 20' for relatively cheap and put it in your backyard. :)

[@franarrieta8805]

Let's see how this journey goes...

[@KaiAndrew]

Yeah, can't wait to actually get the containers on site.

[@MichaelHandymanMaker]

Great video! Are you thinking the bank will take the shipping container into account on refi? Is that doable? Thanks for your effort

[@KaiAndrew]

Thanks, Mike. Yeah, they typically will if you have the site properly permitted. From my experience it'll actually increase the appraisal because containers are actually sought after in some areas.

[@cjleongson]

Kai would you consider using Light weight steel frame?

[@KaiAndrew]

Hmmm, haven't thought of that. Good idea though...

[@jonathanschonberg731]

Really enjoyed the detailed numbers! Are you a general contractor or how did you learn so much about construction projects?

[@KaiAndrew]

I am not a general contractor, but I GC all my projects. I just learned by doing. Supplemented by youtube videos of course.

[@brandotex]

Awesome

[@katherinefunk9036]

What is this property zoned at that you are able to add all these glampsites?

[@cjleongson]

How do you assemble your crew? Are they like individual tradesman or subs?

[@KaiAndrew]

Hi Christian! I usually ask the contacts I already have who they'd recommend. But if they come up empty, it's usually google reviews and phone calls to interview and get bids.

[@diegojaime2701]

Kai! How are you funding this and/or budgeting for the 75k budget? Thank you for all you do brotha! See you in Rob’s course! 🤙🏼🌯

[@KaiAndrew]

Hey Diego! I'm funding this project in cash. However, my budget has ballooned substantially since all construction prices are shooting through the roof.

[@derrickmcdermed7621]

Did you use a construction loan for this project?

[@aedanschoenthomas5945]

What are the laws with building a glamorous site on your property and renting it out. When I look it up it alway seems to be illegal? Great video bro!

[@KaiAndrew]

Usually on acreage you can get a conditional permit or you are skirting that thin line of just having a tent on your property.

[@exquisitejana]

Where is this all located?

[@sarahsavesit]

Such quality content.. what is the road like heading to your property? I have 12 very off grid, hilly acres and am cringing the thought of labor cost estimates.

[@sarahsavesit]

And full disclosure, I intend on reaching out for consultation as soon as my ducks are in a row 🙃

[@KaiAndrew]

The road is a smaller private road that's well paved. It would very tough if roads are tight or not at least well graveled. The containers are coming on semi trucks :)

[@KaiAndrew]

Awesome. Looking forward to chatting with you. :)

[@bgymr9722]

Careful asking people to enter holes like that. Dirt moves easily and a cubic foot weighs 100 pounds.

[@TheMrRudemeister]

Hey Kai. Enjoy your content! I have gone back and saw your $1.00 increment buys of stock and noticed I bought an ETF. I know ETF’s have expense ratios and commissions to buying and trading and I was wondering if u could breakdown for me what it’s like if I would own $1.00 of an ETF. Does expense ratio eat out your dollar stock? Does commission eat at your $1.00 ETF stock?

[@KaiAndrew]

Hey there! Yeah, typically if there are fees associated with ownership of a fund it’ll be taken out of what you own. So if you own $1 and it’s a 1% fee per year, assuming no change in share price, you’d own $0.99 after the fee was assessed. Hope that helps!

[@TheMrRudemeister]

@@KaiAndrew I appreciate you taking some time to answer my question.

[@chadmharris7061]

Want to schedule consult - don’t see descriotion

[@KaiAndrew]

Hey Chad, these videos were published before I started offering consultations. My latest 10 or so videos have it in the description. Reach out to me on my site www.kaiandrew.com

[@chadmharris7061]

@@KaiAndrew Ok I just emailed you

[@exquisitejana]

Anyone out there in AZ wanting to partner up? I’m in Sedona.