Spending $125,000 on Stone to Hack Land

[@KaiAndrew]

Enrollment to the next cohort of the Land Hacker Program is about to open up. Get on the waitlist if you want to potentially work with me: kaiandrew.com.

[@sophiastuart4016]

“Wealth should be created by investing to create more wealth. Income is the fruit of wealth. If you do not do that, you will not have more income.”

[@frankdouglas1562]

Making it out at a young age is quite difficult. I started a side hustle at 17, saved up and made some good investments. l'm 28,live on my own and having a good life for myself. Big ups to you and everyone out there trying

[@alexmontrey5372]

@@frankdouglas1562 Sounds like plan, how do you put money to work?

[@frankdouglas1562]

@@alexmontrey5372 Yes it sure is. I put in money in investments and get profits. That 's how I make more money without working. This does not sound new to you right ?

[@alexmontrey5372]

@@frankdouglas1562 Thanks for replying me, I've heard so many people talk about investment but none had said how to do it right.

[@frankdouglas1562]

@Casino Şimşek There are lots of investments options such as real estate, stock market, forex, cr ypt os, passive income,

[@rainpunchlove]

This vid was INCREDIBLE! 🔥🔥🔥🔥🔥

[@tuanvu9359]

Another quality video Kai! We can tell you put the time and effort into the production.

[@LoganC278]

Editing was great and the information was very good and straight to the point. Thanks again for another high quality video

[@KaiAndrew]

Great! Thanks for watching. :)

[@kc9433]

Great video!!

[@KaiAndrew]

Glad you enjoyed it

[@matttatkow1542]

Great vid! How will you manage this property once it's in place? will you have someone harvest product? And, servicing guests and cleaning?

[@carsonc4134]

Where is this property located?

[@TGoff-fz7yh]

What do you do with bamboo? Is it just for landscape aesthetic?

[@Livingtheswolelife]

Hey Kai, I have been wanting to do this for a while but i just don’t know where to start and the market is so high right now. Thanks for sharing the great information though. Are you investing in only moso bamboo or something similar?

[@TheAdVentureists]

Thanks Kai, great info! Can't wait to see how your property will turn out, sounds like am awesome plan!

[@1mgb]

How are you getting lending without W2?

[@KaiAndrew]

I’m using cash for this project, but typically I use my business income or if it’s a larger amount I use investor/co-signers to secure loans.

[@1mgb]

@@KaiAndrew awesome, thanks!

[@hungerlock3991]

Great video! What sort of lender lends on a place like this in the case of a cash out refi or HELOC? Is it a conventional residential loan or a commercial product?

[@KaiAndrew]

Mine is a conventional product, but really depends on zoning and permit types.

[@jps8810]

Double Tacoma.. nice! Also love the fire pit idea. Bringing sunken conversation pits back!!

[@KaiAndrew]

Love my Toyota pickups :)

[@stormgriffith9325]

Love your videos Kai

[@KaiAndrew]

Thank you, Storm :)

[@usablake]

Love most your videos. But I always feel a bit awkward when exorbitant budgets start to get involved for a channel meant for getting beginners going. Some of us will get turned off by those numbers. I saw this with a builder. He was talking about a “budget” remodel but ended up moving and redoing stairs! Lol. I think his budget spiraled out of control and the rental ended up costing so much that he eventually just kept it and moved into it. Lol Also, I may be a bit off, but… for your stuff; Seems a bit expensive. Hope you got multiple quotes and suggestions. Also, I’m not 100% convinced they cut those rocks special. Lol

[@KaiAndrew]

Hey there, Blake! Budgets can be very relative to the project itself. For example, I know of another project that's spending over $1m just on landscaping itself. But I do see your point how that can be intimidating for someone first starting out. First of all, "budgets" are blown out of the water right now due to supply and labor constraints, however, when done wisely you can build a lot of equity as well as cash flows. Hah, yeah. I've been building for a time now, I got a lot of quotes. In regards to the rocks, they were handpicked and cut by rock cutters and the excavator's bucket. I watch it done onsite when certain rocks didn't quite fit. I appreciate your feedback!

[@benbohannon]

You’ve just described my vision for a piece of property I’m considering in Texas. How big (or small to make it) to prove theories before scaling. Exciting stuff.

[@KaiAndrew]

That’s great, Ben! My two cents, build in phases and get the property to start generating income before investing tons of time and money.

[@thomasmccarthy419]

Great video as always! If you don’t mind me asking, how did you start land-hacking? How were you able to afford buying the lot and building on it? Thank you!!

[@KaiAndrew]

I got started in real estate relatively early (21 years old) sold one of my properties and shifted the money over to buy the next. I’m also very frugal so was able to have more dry powder to invest.

[@thomasmccarthy419]

@@KaiAndrew Appreciate it man! Best of luck on this insane project

[@bradleydosch8884]

Those drawing plans you have look amazing! Where/how were you able to make them?

[@KaiAndrew]

Thanks! I hired a landscape architect. I’m not that skilled :)

[@mrholley09]

Great video!! Will you talk about your bamboo business one day?

[@KaiAndrew]

Thank you and yes I will.

[@mrholley09]

@@KaiAndrew no problem! I’m excited for it.. I don’t have plans for bamboo I just love the stuff 😂

[@Miguel-x2l]

Howcome asians so obsessed with money??😅