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Updated almost 3 years ago on . Most recent reply

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Rick R. Johnson
  • Real Estate Agent
  • Sacramento County El Dorado County, Placer County
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Geodesic Dome home on 12 acres to rehab to fix and flip

Rick R. Johnson
  • Real Estate Agent
  • Sacramento County El Dorado County, Placer County
Posted

Has anybody out there had any experience with a Geodesic Dome home? I have an opportunity to buy one that needs some work, but appears to have a huge profit potential.

However, I am concerned that if I do take it down, do the rehab on it, that the end buyer may have trouble getting financing or that the market may not be as strong as I think.

Any thoughts or ideas? It is roughly 1900 square feet on 12 acres built in the 70s.
Thanks,
Rick 

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James Hamling
#2 Investor Mindset Contributor
  • Real Estate Broker
  • Minneapolis, MN
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James Hamling
#2 Investor Mindset Contributor
  • Real Estate Broker
  • Minneapolis, MN
Replied

Those things can be really funky, especially as most were sold as kit-homes and built by the owner occupants so I'd first say be VERY carefully, double check everything. 

I would strongly suggest approaching it from a different primary strategy approach then selling it because it's not a normal property sale, it's like selling a piece of art, it's value and market is very niche. Funny part is it's that same exact reason why doing a STR can make it so much stronger then others.

I had issues with ceiling and strength considerations in one so we got bamboo T&G flooring, from H.D. if memory serves. We used "Grabber" glue to fasten it to ceiling, and made all end joints into T&G so the seams were all inter-linked. Burnt through a bazillion saw blades in process, a lot more then planned, went through case after case of glue but holly-cow was it amazing looking when all was done. 

It started out this weird livable place and in end was this weird oddly-beautiful, interesting place. It drew massive attention, massive, way more then a regular home with matching finishes. Looking back wish I did STR on it but wasn't a thing back then.

  • James Hamling
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