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/biz/ - Business & Finance

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54997451 No.54997451 [Reply] [Original]

My girl told me about her former coworker (nurse) who had left the job to go work on a little treehouse rental business her husband had started.

It's like airbnbs, but they're these chic treehouse things in the woods here in the midwest. Sounded like a meme and overstatement to me but after investigating it's not joke. They charge $600/night for these little 1/2bed tree adjacent cabins with suspended walkways, 4 of these cabins in one place, and their occupancy is fucking 90%, booked out until next spring.

These random people have 4 meme cabins grossing $67k per month and have to do jack shit as the booking and cleaning is handled by 3rd party services. Lads we need to buy some land in the woods and build some meme cabins.

>> No.54997492

And before any cryptoniggers come in here let me exhibit the power of RE investing:

With only $70k cash you can

>buy 10 acres financed
>build 4 small cabins financed
>land + improvements financed cost around $500k
>when built in the right area, it's immediately worth more than that, more like $800k+ as people are lazy and don't want to handle the land purchase or construction phase
>Your monthly payment + management costs will be $2500, your monthly gross will be $5000. Sometimes far more as in the OP case
>so for only $70k starting capital, you have just made immediate $300k+ gains, and are now being paid to own an appreciating big property at the tune of $2500+ net

It's absurd

>> No.54997729

>>54997492
Where do you pee and poo?

>> No.54997757

>>54997451
It's kind of insane how much social media enables retarded as fuck business ideas like this. If people couldn't post wacky zany photos of their treehouse airbnb, nobody would pay so much for this shit, or stay there at all

>> No.54997773

>>54997729

Septic tanks, sewer if you're lucky and the land is near a connection

>> No.54997778

>>54997451
they're lying.

>> No.54997784

>>54997451
>>54997492
yeah genius you discovered a niche but its not all roses and smooth riding
What happens during winter
What happens when someone falls and dies
What happsn if it goes out of fashion or stiops being flavor of the month

Thres a reason smart money is in seaside hotels and apartments and resorts. Much less risk, much less uncertainty.

>> No.54997811

>>54997451
How much does insurance cost them? renting out a house high above the ground must come with some risk. Still good on them though.

>> No.54997815

>>54997451
>600 $ for a night in a shitty cabin
Bizlets will believe this post

>> No.54997881

>>54997492
it's difficult to secure financing for unimproved land for reasons other than owner-inhabited primary residence construction. the down payment requirements, if you secure such a loan, are considerable.

the dissonance between you 1) seeing this as an incredibly simple yet lucrative business plan yet 2) being unable to conceptualize this until your roastie coworker "told" you about it leads me to believe that you're a mentally retarded nappy haired teenage mulattoe who gets all of his business knowledge from SCROLLIN TIK-TOK VIDEOS ON DA FOAM, and that you are physically incapable (hard IQ limit imposed by congoloid DNA) of calculating any numbers on a spreadsheet to quickly determine how retarded and implausible this scenario is.

>> No.54997898

>>54997778

I checked it out myself. Their site is straight up booked until the end of time. I had your reaction too.

>> No.54997918
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54997918

>>54997881

I have literally bought and sold two rental properties within the last 5 years and made a handsome profit on both... get over yourself dude. While everyone scrambles to overpay on these airbnb type already built properties I've noticed a stunning lack of desire to actually buy build and develop yourself.

Yes there's effort involved. That's why there's profit potential. The modern American is amazingly lazy and impatient.

>> No.54997949

I had a holiday house on one of those meme sites and it was barely booked.

>> No.54997954

>>54997815

Read it and weep

https://www.hockinghillstreehousecabins.com/

having landlorded some myself I find their margins positively pants shitting. These tiny low maintenance structures in the middle of fuckville.

>> No.54998059

>>54997898
Whoa, couldn't fake that. Pack it in skeptic bros.