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Updated almost 7 years ago,

User Stats

19
Posts
9
Votes
BJ Hibbard
  • Walnut Ridge, Arkansas
9
Votes |
19
Posts

How do I find an Investor?

BJ Hibbard
  • Walnut Ridge, Arkansas
Posted
I have been dabbling in the tiny house market for the last couple years and have had great success with it. I currently have five that I rent out, but I get constant requests to purchase them. They rent well, and have a quick ROI so I don't really want to sell the ones I have but I see there is a huge demand for them. I have seen what works and what doesnt. What I've seen from other companies building tiny houses is that they are laid out and built like a tiny house(not like a conventional house), they are far too expensive for the target market, and there isn't adequate financing to make them a viable option for most buyers. I have absolutely no doubt that a tiny house that could sold for $40k or less, had proper financing and were laid out like an apartment/house would take the housing market by storm. the market is in an extreme need for affordable housing, and I believe that this is ONE of the answers to meet those demands. I have no doubt I could fill those demands with the right partner/backer....but how do I find that person? I don't really see crowd sourcing being the right market, and without being able to have a one on one with investors I can't really show how my model is different and better than the other ones out there. VC could be a potential fit, but I have no idea how to get in front of the right VCs. A private investor would be the ideal fit, but again how do I find the right one? My model has a 60% margin in a house retailing for $40K(if financing was vertically integrated there would be interest profits as well), room for upsells and add ons, offers physically secured properties for financier(permantly set dwelling, not mobile), low startup cost(less than $250K) and the model can be scaled and reproduced anywhere in the US. I've not tried pitching it to anyone, because I just don't know where to start. Based on my experience with this market and model I truly believe the sky is the limit, I just have to get it off the ground :)

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