Building a Tiny House from scratch at 18 years old

[Tiffany Da Silva]

Investment Info:

Other other investment.

Purchase price: $4,000
Cash invested: $12,000

Being obsessed with tiny houses, I decided to build my own to live in! I bought the trailer back in 2020 and decided to built out the whole thing, this meant: framing, roofing, siding, Plumbing, electrical, & everything that goes into a typical house build, I learned how to do!
This now gives me a competitive edge when remodeling homes since I know what to look for in contractors and people I hire to help manage my projects.

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

As a younger investor, Theres no better way to save money than to live in a tiny house, 1/3 of average rent prices for a lot space & you dont have a mortgage to pay on a primary residence!
Also the house is movable to when I am rehabbing a property I can park in the yard and keep an eye on the project ;)

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

Ran the number from what it cost to build & how much I'd initially invest. It made absolute sense for my situation & if i ever move out i can easily rent it on airbnb for a killer cash flow.

How did you finance this deal?

Paid all cash :)

How did you add value to the deal?

Physically built out the whole structure of the tiny house.

What was the outcome?

A affordable and cozy place to live for now and rent out later as a vacation rental!

Lessons learned? Challenges?

Learning how to become a handyman with no skills... Thankfully youtube helped out a lot!

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Not at the moment!