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Updated over 8 years ago on . Most recent reply
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- Rental Property Investor
- Oakland, CA
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Leasing tiny homes.. Another strategy..
I've been looking into the possibility of tiny homes, airstream, or something similar as an AirB&B spot to plop down somewhere... Interestingly, someone has got creative, and is leasing out their tiny home to someone who wants to put it on their own land.. $700/mo to rent w/ 1 year lease, and $2/mile delivery fee from down near Santa Cruz, for a 175 sq ft tiny home. So you don't have the up-front cost of purchasing, and what to do with after..
In theory, a building like this could generate income off land/space that is underutilized and has a very low or zero marginal cost. Maybe a small community of these on a lot would be enough to pay basic expenses, and could free up time to go find and make some great RE deals..
@Al Williamson , have you heard of such crazy ideas..?
Anyone else doing short-term rentals on smaller, non-conventional spaces..?
I was also looking at a live-aboard boat as a potential AirB&B, but don't know anything about boats, and maintenance costs..