Welcome back to the Real Estate Investing School Podcast! In this Real Deal episode, Brody shares insights into his journey of developing a tiny home resort. Brody discusses the inspiration behind the project, the challenges he faced in finding the right property with suitable zoning, and the unique features he incorporated into the tiny homes to make them attractive to renters.
Brody also dives into the funding process, detailing how he brought in a 50-50 partner, the challenges faced during construction, and the strategies he employed to force the deal into a profitable venture. Brody emphasizes the importance of researching zoning requirements, finding the right location, and negotiating deals that align with one's investment goals. He shares the details of the financing, including the down payment, loan terms, and the unexpected hurdles they navigated during the project. Brody ends by discussing the potential profitability of the tiny home resort, highlighting the benefits of high price per square foot, unique rental experiences, and the flexibility of cash flow in commercial real estate.
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