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Tiny Home/Cabin AirBnB bike destination

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Check Rosette Top Subjects:
Taxes & Accounting, Traditional Financing, and Residential
  • Posts 55
  • Votes 8

Bob Lett
from Rockford, MI

posted about 1 month ago

I have an idea for an up and coming mountain bike destination that is also near a lake that allows boating. This is a Short term play with STR and long term play with appreciation.

Has anyone developed land for cabins and/or tiny homes? With the rising cost of building materials I am looking at innovative ways to bring construction costs down while still offering a quality expertise for guests.

This idea is still in its infancy stages as I’m trying to figure out what amenities travelers would want in they cabin/home, how to designate the land RV park vs cabin development.

Things I am trying to figure out are sewer/septic, electricity, cable etc.

Anything else I should think of when looking into developing land?

For reference this would be 5-7 cabins or plots but don’t know if there is a number that maximizes acreage/development costs

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Check Rosette Top Subjects:
Tenants, Rentals, and Finding & Screening Tenants
  • Posts 3.2K
  • Votes 3.0K

Paul Sandhu
Investor from The worst town to live in, Kansas

replied about 1 month ago
Originally posted by @Bob Lett :

Has anyone developed land for cabins and/or tiny homes?


Someone tried doing that in the town next to mine.  I looked at their calendar.  They have 3 nights booked for the next 6 months.  Flat Rock Concepts.  A banker told me they were losing money, but that is second hand information.  Didn't mean to pee on your Wheaties.

 

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Check Rosette Top Subjects:
Taxes & Accounting, Traditional Financing, and Residential
  • Posts 55
  • Votes 8

Bob Lett
from Rockford, MI

replied about 1 month ago

@Paul Sandhu no need to apologize. Proper due diligence needs to be done first. It all may seem great on paper, even numbers wise things could take a turn quickly. I would prefer to buy a house/cottage in the same area to get a beat on the market but also would like to pioneer the cabins if possible.

I just don’t want to kick myself 5 years from now saying shoulda coulda woulda...

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Check Rosette Top Subjects:
Taxes & Accounting, Traditional Financing, and Residential
  • Posts 55
  • Votes 8

Bob Lett
from Rockford, MI

replied about 1 month ago

Just to add, I have done research on airbnb/Vrbo listings in the area but there is nothing that is a close comparison.

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Check Rosette Top Subjects:
Maintenance and Flipping
  • Posts 1.6K
  • Votes 991

Michael Baum
from Olympia, Washington

replied about 1 month ago

Hey @Bob Lett , no matter where you choose to build, checking the regs for building will dictate what you can do. I think there are several different ways you can build without going nuts on costs.

One would be trying shipping container housing. They can be had fairly cheaply, are water tight, and easily modified.

https://www.thewaywardhome.com...  This is fun blog that talks about it.

https://www.24hplans.com/top-2... Has some interesting designs.

Another way to save, which might work better, are grain silo homes. They are pretty neat IMHO.

https://sanitred.com/how-to-bu....

https://buildgreennh.com/grain...

Plus the traditional tiny home on a trailer which, to me, is less than desirable. I would much rather stay in a container or silo.

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Check Rosette Top Subjects:
Taxes & Accounting, Traditional Financing, and Residential
  • Posts 55
  • Votes 8

Bob Lett
from Rockford, MI

replied about 1 month ago

@Michael Baum thank you! I will have to check these options out. I thought about shining containers but have not seen grain silo’s before. That would definitely add to the appeal.

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Rentals, Single Family, and Maintenance
  • Posts 2.8K
  • Votes 3.1K

Luke Carl
Rental Property Investor from Tennessee Florida

replied 30 days ago

@Bob Lett . I got a 4 start yesterday because my “kitchen was small” on a listing that is advertised in the description as a “tiny home”

Not related but it just reminded me. People are ridiculous

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