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All Forum Posts by: Bryan H.

Bryan H. has started 6 posts and replied 51 times.

Short-Term & Vacation Rental Discussions

Post: STR - Tiny Cabins, Creative Financing and Land Options

Bryan H.Posted
  • Posts 52
  • Votes 22

Hey there, 

This to me sounds grossly under-budgeted. I've built three successful unique airbnb small homes from scratch, and currently pricing vacant land and development costs for exactly what you've described (in rural NC or VA).

What have you allocated for land acquisition costs? Land development costs? Site work, septic, electrical? 

Just for starters, let's say you find suitable 5 acres for $150k. Lot clearing, basic road, site development, can easily reach and additional $150-200k. 

Curious about your numbers...

1 Vote
Detroit, Michigan