Tiny Home on Wheels - how will it perform?

[Tracy Morris]

Investment Info:

Other buy & hold investment.

Purchase price: $4,000
Cash invested: $15,000

Tiny home on wheels that has been placed on 25 acres of woods with trails. This will be a one-of-a-kind opportunity for our community. It will be a seasonal rental-running on compost toilet with water hose connected for sink water. There will be no shower available for the first season. We are leaning on a melding of camping off grid and glamping, along with a unique experience with the 25 acres of woods with trails.

What made you interested in investing in this type of deal?

low cost of entry and potential high ROI

How did you find this deal and how did you negotiate it?

facebook marketplace

How did you finance this deal?

cash

How did you add value to the deal?

We added plumbing, appliances, landscaping, and furniture

Lessons learned? Challenges?

It is hard to find contractors to work on a tiny home due to the small and unique jobs.