MAKING $7,500/month from a Manufactured Home

[@KaiAndrew]

I'm hosting a free webinar this weekend, Saturday December 17th at 9am PST if you want to learn and hear more about all things unique vacation rentals and how to make money with them. Free Register here: programs.kaiandrew.com/pl/2147579014

[@FaultlessKing]

The book is The Black Swan by Nassim Taleb for those wondering

[@soobv]

I did same thing with a manufactured home. Used to be a daycare, converted to a quad plex and rent out studio apartments short to medium term.

[@patricklerato1775]

The Rich stay Richby spending like the poor and investing without stopping then the poor stay poor by spending like the Rich yet not investing like the Rich

[@donaldmark3197]

People prefer to spend money on liabilities,Rather than investing in assets and be very profitable.

[@johnnyrodney8186]

You're so correct! Save, invest and spend for necessities and a few luxuries relatives to on's total assets ratio.

[@grantben5898]

This must be an investment with Mrs Lauren James

[@velenziajohn7955]

@@grantben5898 I'm just shocked you mentioned Expert Lauren James thought am the only one trading with her

[@grantben5898]

@@velenziajohn7955 Haha you don't have to be surprised Mrs Lauren is really good and everyone loves genuine services,she helped me recover what I lost trying to trade on my own.

[@KaiAndrew]

Join me and learn about the future of land hacking and Airbnb from my free in-depth Workshop: kaiandrew.com/workshop

[@jerrycanjesse]

I really like that you do these kind of videos. Really sets you apart. Appreciate the value you bring. Cheers!

[@adhuffman9]

Hope this video blows up for you. It's definitely packed full of nuggets that have taken me a long time to learn. Anyone can do this if they just commit. And $4k/mo net is enough for a family of 4 to live from in most of the US. Especially if you are considered a real estate professional and can write off all the associated expenses.

[@wildernesscapes]

Bought at the top of the market, $230k for that home is expensive, and not much equity gained from the remodel.

[@cyrusjulian187]

Yeah but look at the cash flow. Equity in both real estate and stock market has been built on artificially inflated values due to Fed printing policy. At least with that cash flow, it’s real and in her pocket

[@trihuynh5840]

Great video. So much to learn from the host. Just do it and don’t listen to the others. Again thank you to both of you all

[@taeganchoi7783]

I’m taking college business classes right now and I literally just learned about MACRS cost segregation. I’d love to hear about your new property too!

[@letsseewhatsnext1370]

Kai! Come up and do a video on my property buddy. 2 homes on 1 property. Also a tree house. I have an awesome new build I know you’ll love. Includes a star light ceiling. Come on pal.

[@american5564]

Double wides in my area are being bought in the $50k - $80k range, re-painted (sometimes) and re-listed for over $200k

[@deepikaatkinson4111]

Wow, what great insights.. You guys gave me a good idea for my Airbnb property investments..$$ I might be looking to invest in big tourist locations & develop Camo style outdoor so visitors would have more fun. Plus I have other ideas.. Thanks again for the great video.

[@shamircolloff8180]

Love the idea, and Kai, always love your videos. A few bones to pick here: $1,800 a month, fully loaded costs for managing the rental, the utilities, the mortgage etc? That's not very believable. Doing $6,000 a monthly rentals and your cleaning and maintenance fees plus your mortgage plus utilities plus your property taxes are under $2,000? Also, 1 hour per week? How many inquiries is that responding to? Guest questions? I think the new car smell with a brand new unit may wear off soon and require some more hours, if we're being honest. Not a full time job, no doubt, but I think 1 hour is a pretty unrealistic estimate TBH. nice example of how small changes can make a big difference on a house though!

[@CC-gv6us]

No doubt some questionable numbers. Checking her airbnb profile says her husband works for the youtuber here so...

[@shamircolloff8180]

@@CC-gv6us that makes sense. No hate on Kai for hustling up more content, just feels like it shouldn't be unrealistic.

[@coolfool102191]

Doesn't seem that unreasonable to me. She said she bought it for $230k with 10% down. I'm guessing that was probably around a year ago when interest rates were lower. That would put her total mortgage including taxes and insurance around $1300 to $1400 a month. The rest would be money set aside for repairs and maintenance and cleaning etc. $1800 a month in expenses sounds about right based on all that

[@shamircolloff8180]

@@coolfool102191 I know I am not supposed to argue with strangers on the internet....but... :) OK, here's how I think about it - I think $1,400 is right for mortgage, insurance and property taxes; but she's running close to 100% occupancy - so assuming her average stay duration is a 7 days (which would be quite high I think), she's got 4-5 cleanings/month - at even $100/cleaning that's taking us to her "monthly expenses" without ANY utilities, upkeep, or deferred maintenance. And if she has any 3-4 days stays in there, she could easily see 5-7 cleanings/month, during her high season. I don't doubt this is a profitable enterprise, I just take issue with the numbers being closer to the "too good to be true" category with the purpose of drawing in folks for paid learning. If she's got 90% occupancy. someone who doesn't care about the power bill is in her house 27 days a month using the fan, AC, TV, etc. Just my experience/$.02!

[@taylorsessions4143]

@@shamircolloff8180 what about extended stay visits? A big part of Air BNB pricing strategy is to offer a discount to those who are booking multiple months. When it comes to cleaning fees, if they are passing the entire expense on to the guest then it's possible that it didn't even show up in the equation. My thoughts about the numbers here are that it doesn't include things like replacing towels and bed sheets since that probably not a monthly cost. If you've got close to 100% occupancy, how long until all the beds and furniture need to be replaced? Still, if they are presenting an average breakdown per month then I think their numbers aren't as far fetched as you think.

[@tuanvu9359]

Good telling video Kai! I enjoyed your sense of humor 😊

[@crystalschild1623]

It would be awesome if you could link the rental properties in your description.

[@radupreguza4270]

Jănea, îmi place felul în care filmezi 👍🏻 și montezi video

[@matildarfierro5444]

Great video. you've reminded me of what someone once said ❤ Your assets are your employees. Invest more on those performing well. Let the non-performers go

[@johnpowell7829]

As much as I’d like to pay to have work done, 50,000 would wipe me out. I’ve had to buy completely remodeled or work on the property myself for long term rentals. My question is where are airbnbs headed with a downturn in the market?

[@kataclysmic4350]

I’m looking to build an Air BNB near the South Gate entrance, I’d love to get the contact of the designer and contractor! Great video

[@Investlyy]

futher more about airbnb all information you can get from me

[@kristinrodriguezrealtordmv3434]

I love this! Great episode. I own a few homes but I have thought about Manufactured homes. Does she own the lot? Sorry if I missed that in the video.

[@stevendnguyen]

I was able to scale from 0 to 90 units without partners while working a full time W-2 job. Learn to generate off market deals, structure creative financing, and that is how you scale with low or no money down.

[@scott2744]

would you be willing to share how this is done?

[@alexjbriiones]

One important thing you did not talk about was water ( I see some big tanks there).

[@juslostone]

We're right from the beginning when you say it's in a hot market, it's in a hot market. Nothing magical about it

[@KaiAndrew]

You should buy a $100k manufactured home and do the same then. Takes no talent or skill in any hot market…right?

[@justinq8345]

What? Close to Phoenix? 2.5hrs away? NOBODY is using that house for access to Phoenix

[@DenRoedeMogM]

What's the difference between making, building, creating and manufacturing a house like this..?

[@ddlandry1]

Great video! What was the name of the book you gave her?

[@julieburkhardt61]

I’d like to know more about the water system and/or waste system. I see the water tanks. Is that a rainwater collection system or something else. I assume it is on a well and septic otherwise?

[@tarekkhaledyassin4559]

Where’s the exact location of the property? Thanks

[@zuiking4915]

I want to do that, and I live in a Mobile Home, but the Park doesn't allow to sublet 😭, her situation must be different, that is nice!

[@matildarfierro5444]

Great video. you've remind me of what someone once said❤ Making money is an Action, keeping money is behavior, Growing money is Knowledge. I once attended seminar and ever since then i been waxing strong financially, and i most tell you the truth.

[@patienceeric3236]

People prefer to spend money on liabilities,Rather than investing in assets and be very profitable.

[@emmamartinezs5046]

You're so correct! Save, invest and spend for necessities and a few luxuries relatives to on's total assets ratio.

[@user-u818]

This must be an investment with Mrs Maureen K carr

[@simonkatz6789]

I invested in both stock and Cry ptő but I'm doing much better on Cry ptő with the favourable market price

[@andreamfernando9485]

Such a wonderful personality, you’re totally a genius with your work and you have the best options.thank you for your help Ms Maureen

[@xDoleYT]

Love The vids! Would love more of that Skandinavia content to 🤩

[@KaiAndrew]

Thanks! We will see what else is in store :)

[@hairyhairyme]

The home is done so beautifully

[@jbag9895]

The $4k a month cash flow is not making sense to me. For $6k revenue and $1800 expenses, how much does she pay for cleaning in between guests? $200 a month?

[@capecharlestinylivin5914]

Another great video! Keep them coming

[@thelmacastro4304]

Hi Kai, I enjoy your videos. You provide great tips. I just purchased a vacant lot. You think screen frame homes would make good airbnbs? Thanks

[@notpoliticallycorrect]

I love this channel! Great content!

[@lukem5962]

Hey Kai I’m thinking about renting out land on my property to someone who lives full time in their rv. I could provide the electricity and water hookup from my home. See any issues or have further suggestions? I’m in Jurupa valley California, thanks!

[@sylviaortega3821]

Hi Luke , provide me your information i might be interested. Thank you Sylvia

[@idrivefast9095]

Airbnb is tanking - “insane cash flowing machine” ---about to break.

[@jeremypalmer7177]

It'll still be good for unique properties in popular markets. Where it's really tanking is people doing short term rentals with average looking houses. Also a good idea to have your own website for bookings.

[@jameslivergood348]

The commoditization of shelter is truly leacherous.

[@SpearsOfCrystal]

Tell your buddy Eugene To send me a message if he wants the ingredients to get that digestive system moving!! I have an insane cleanse routine!

[@KaiAndrew]

Will do!!

[@AzElenee]

Smooth move

[@miketdarnell]

Paradigm shift🤯

[@Ali-ox2vb]

No mention of closing costs .. just down payment ?

[@Chris-ke7bn]

Bro that's a ford fusion. Lemme tell you. Try are not bad cars. Smooth rides and tons of room 😌

[@MrTotbs]

What is the name of the book

[@roamwithdory]

Is water supply hauled in this airbnb? And... did it already come with power source when she purchased it? thanks!

[@ImpressiveGlow]

Is her marketing all Airbnb?

[@KaiAndrew]

For right now, yes.

[@ImpressiveGlow]

@@KaiAndrew that's awesome. Great property!

[@everardwhangapirita3821]

What are the blinds called @10:30 into the video and where can they be sourced?

[@JesseCracksMTG]

I didn’t know you lived here(in Austin) welcome 🤗

[@KaiAndrew]

Coming soon. :)

[@0800filmez]

Please share the name of the blinds? Can't find anywhere

[@KaiAndrew]

Ooo, I’m not sure. I’ll have to ask.

[@Gislaina]

It’s just a cordless blind you can get them at Home Depot or any hardware store that sells blinds

[@0800filmez]

@@KaiAndrew thanks, Kai!

[@0800filmez]

@@Gislaina thank you!

[@Crushanator1]

Yeah, I put the home depot ones in my property, super easy to install, pretty inexpensive and they come in a few colors too. The "blackout" option is really nice for bedrooms, it lets so little light through

[@nucreation9833]

9:22 what was that running on the floor??????

[@uhhwyooo]

and the book titles? Please

[@KaiAndrew]

Black Swan by Nassim Taleb

[@johnfenster]

Awesome!

[@christiaantober2461]

Terrible shape? It looked just fine!

[@serrevineyards]

No calendly links available for the accountant chat

[@Flipping_Assets]

Who takes care of all your properties when their all over?

[@jimmyrussell8834]

Misleading thumbnail.... It wasn't bought with only 23k..

[@KaiAndrew]

Uhh…yes it was. She had $23k. Used it as a down payment and got the home. Investors calculate returns of initial sunk investment.

[@onetwo4932]

Kai do you have an LLC? If so is it private?

[@c.connell1802]

Amazing video and thank you for breaking it down!! Despite the economic downturn, I'm so happy 😊I have been earning $ 60,000 returns from my $7,000 investment every 12days.

[@beckymitchum27]

@Mariela Steffan Consistently investing with proper guidance in quality dividend paying companies is a relatively easy strategy to create wealth. Well I copy trades from daily signals of Mrs Benito Revilla as recommended here previously

[@pamatkins-burdette9125]

@@beckymitchum27 When I glance through your comments, I know you must be talking about Mrs Benito. It's been 3 months of steady crypto growth using her trading strategy.

[@melissastone434]

@Turner Elkins L. Amazing!!! found Mrs Benito Revilla 2 months ago here also!!! This is so validating hearing you also got her recommendations!!! Yes cheers to be part of her coaching program.

[@harryjacob629]

Crypto Trading remains a priority, I'm proudly a huge beneficiary of Benito Revilla services. About a month ago sold most of my stocks at a lost and took what I have and reinvested and those stocks were green today. I gained over $30k.

[@joelsteveson7156]

Absolutely true at these very moment that the crypto markets is bearish, it's very likely for investors to lose money. So far this year, I have gained around $60k for the past few months with the help of Benito's trading strategy.

[@shinywhitelotus]

is this vacation mobil home still available for sale?

[@mccoyfutchjourney]

This is awesome

[@Kayakamuy]

Who is your editor 👀👀 i would like to hire

[@donapaulin2600]

EUGENE: TRY CHIA SEEDS! 👍🏻👍🏻💩😏

[@estebanramirez5252]

Gift for who ?

[@waylonforgue8789]

I will forever be indebted to you you've changed my whole life continue to preach about your name for the world to hear you've saved me from a huge financial debt with just little investment, thanks so much Mrs. Karen Cosmann

[@dr.albertroland]

I'm surprised you know her too. I've been making a lot of profits investing with her for a few months now.

[@victoriarodriguez3985]

I'm new at this, please how can i reach your broker

[@waylonforgue8789]

@@victoriarodriguez3985 You can communicate with her on telegam with the user name below

[@waylonforgue8789]

investwithcosmann💯

[@victoriarodriguez3985]

@@waylonforgue8789 Thank you

[@LGnLA]

So click-bait, 230K vs 23K...🤔

[@KaiAndrew]

$23k left her bank account to purchase the home…pretty dang good deal.

[@lightleaker7045]

Payout

[@lenorarandall5439]

I jumped and I wasn't even there for the rat.

[@wildernesscapes]

She really puts me off - she considers an hour a week as semi-passive? That's nothing! Also as owner she has no idea if the property is on an HOA (doesn't she get the taxes?), no idea where furnisture came from, and really has a hands off approach, making all the money but totally needing everyone else to do all the work for her. I'm sorry, but 5 rentals isn't so much that you should still know details about your property, it's your baby!

[@thisisreallife9026]

Of course, you would assume that without knowing anything about her life. She is a working "mom", She has a human baby literally, and you think this rental house should be her baby? Even if it isn't, look how good of a work she managed to do, how good of a team she managed to create and ultimately made it all work, You're jealous.

[@thisisreallife9026]

@Hanííbą́ą́z Why?

[@swdy0201]

Dude….take it easy

[@BradJulieParker]

😂 simmer down - people run their businesses in a way that works for them. Delegation is a beautiful thing if you have a team of people you can trust around you.

[@theloudprofessional]

Boss people don’t usually know all that. They just use money to make more money. 😂😂😂 hater!

[@ansondipnarinesingh2208]

Did anyone else get GOT by that rat?? Fantastic edit - totally scared me!

[@robertruschak7083]

A Gura selling a course lololol

[@seveng86sg]

HOA yuck

[@flawaii-pines6858]

Wayyyy to long of a video.

[@harkarai1114]

1984 ? No thank you

[@KaiAndrew]

what's wrong with 1984?

[@patricksears163]

World class level of bullshit

[@davonthompson7113]

Lying 🤥

[@krissanders4949]

Oh god - no one cares about this.

[@bigz5262]

Eugene needs to eat more animal fats

[@buckhittingalick]

First

[@Demoncorp]

👿

[@KaiAndrew]

Haha

[@blackjackdoggy7413]

Metamucil.. you’re welcome!

[@Pressplay_Media_EU]

2:49 - 2:51 as with many other frustrating things in life, I'm sure he doesn;t want to talk about it

[@jordankelly4684]

This some real slum lord shit

[@wetspotswimwear1199]

She says, "we did ... " Well, she did nothing, her team did everything. She knows nothing about her property and will lose it because of her ignorance. She thinks the door color was her idea ? How the hell do you not know if a door color was your decision or not ?

[@cyrusjulian187]

Why you hating? She’s a boss, not a worker. Biggest mistake in my life was not learning this mindset earlier. You need to focus on higher value activities like finding and analyzing good deals, not painting a wall or fixing a faucet bro. Peace and good luck with your endeavors

[@capecharlestinylivin5914]

Another great video! Keep them coming