I visited the factory in Vegas and came away less impressed. Model fit and finish was subpar. Waitlist is staggering. Will be years before customers will get delivery. I’ve moved on.
It amazes me WHO ACTUALLY FINANCED this 100 million plus factory and why? Who’s going to pay 150k and more for 400sqf? Is this the future of “few left” in this world? Do they know something that 8 billion people don’t?
As you mentioned, it would be nice to see people living in one of the homes. Maybe you could interview them and they could tell you the pros and cons. Just remember to bring in extra black shirt in case you get overheated. 😉
I am rooting for Boxabl, but at this stage I'm getting the feeling that they better get on the ball before their 120K+ people that paid a deposit and are on the waiting list start to sour on the concept. If they're building 2 per day, at this rate if they worked 365 days a year, it would take them 164 years to fill their orders and they're still taking $200 deposits. In order to fulfill their current obligations within the next 5 years, they would need to build 66 units a day, 24/7/365. I don't see that happening with just the Casitas with 5 factories, much less 3 and specififically with any additional production lines and logistics for any other models. Like I said, I am rooting for them, nevertheless I'm sensing some significant issues with costs and lead times.
I am a small manufacturer of prefabricated panelized system homes of both RTA / DIY kits and turnkey models of 360 - 1200 Sq. Ft. that I ship all over North America; and I know fully well the difficulties that must be dealt with over the road and delivery to build site logistics. The need for affordable, better built alternatives to the stale status quo is such that I welcome high profile competition such as Boxabl, and why I assidiously follow your channel. @@KerryTarnow
200. deposti and HOPEFULLY those deposits are in an ESCROW account and not "funding" their ongoing costs and daily expenses. It's called bad bus. practices AND co-mingling funds. Time for an ongoing audit.
For anyone who hasn't heard of Boxabl, time to get hearing aids. Seriously, new born babies have heard of Boxabl. Now, someone needs to tell the designers at Boxabl that the refrigerator does NOT go next to the oven.
@@louisewelch5451 A refrigerator works to keep food either between 35° and 38°F or below 30° depending on the the freezer or fridge section. The oven works to get for typically up to around 350°F to as high as 500°. That is an extreme difference. Now look at your walls. They keep your house between 65°-80°F with an outside rand of below 0° and 120°F. That is a huge temperature range and requires a huge amount of insulation to accomplish at the range is about a tenth what the fridge needs to accomplish. Look how little distance, maybe six inches, to keep the several hundred degree temperature difference for influencing the other. It just doesn't happen. Oven warm up the items inside your fridge. Those items, melt or begin to grow bacteria. Once the oven is off, the fridge will bring the temperature back down, but after food has been ruined. Think about cooking a turkey for Thanksgiving in your oven for four or six hours, while your fridge is bought well above safe preservation temperature for that length of time. Simply the single worst place to locate those two appliances.
@@makidominguez5856 If what you want is a small house, the Boxabl Casita is a reasonable choice, except for it will keep giving you diarrhea by spoiling your food.
Note that nothing is said about them losing $30m last year, and that the government contract in Guantanamo Bay (156 homes) is all that they have sold thus far. Their sale to the copper mine in Arizona last year was shut down by the division of manufactured housing, and the homes at the site disassembled and returned. They had to sublease the warehouse next door to them to store the homes that have no buyers. They spent $6m last year advertising to raise money. The financials were just disclosed for 2022 and are online at the SEC website. This channel is most likely a paid promotion from Boxable. Is Kerry being paid by Boxabl for these posts?
And for some reason no one is questioning why mister boxabl cashed in his shares of boxable stock worth almost six million dollars when not one single boxablcasita has been delivered to anyone on the Reserve list. I understand they also had problems with the units they delivered to the government.
I agree. Terry is definitely being incentivized to post about Boxabl because it’s excessive. He used to have #boxabl on every single video he posted. Please disclose Terry!
I was wondering if this was just "notanther" penny stock pump and dump. the plant is impressive BUT I'm not seeing the const. types I expect to see. I see a lot of morbidly OBESE workers and all new vests/atv's/equipment and enough inventory but it's all on the floor as if it's WAITING for something to happen.
They are moving quickly for sure. Did you do a video about the three bedrooms and two bathrooms? If you did I either watched it and forgot I saw it or I didn’t watch it. I’ll check it out. Thank you for the video and the information.
😂😂😂😂 they have no permits to sell these things. They are adding factory to make it seem like they are doing something. They can’t even ship the homes. Permits are important before you even start productions. At least that is the rumor and they aren’t confirming it
@@ericdahl2915 they are sitting because they are not regulated and against building code. These homes aren’t even approved through the government. Apparently they are sitting in the back of the warehouse waiting for shipping. 😭💀 it’s been 10 yrs and they were unable to sell 1 to the public and still no permits or approval for sale. This is sad asf. No to mention they are expensive as SHT. Why not just buy a house in my opinion.
@@Idcbihgtfomf son just built a "laneway" home but these are basically modulars. EACH District/province/state/canton and local municipal govt. MAY have requirement unique to their locality/weather/lands use policy. So you build to ORDER and have to fit the market.
@@HeronPoint2021 dude they don’t have one permit for any state. I would understand if they had a few states to sell to after a 10 yrs but to not have 1 state or any approval from the federal government is crazy to me. Before you handle state you have to handle federal first to see if it is even up to their standards. Federal law overseas the country however states can make laws around those federal regulations. They aren’t even federally approved which means this is a waste of money and scam to dig into peoples pockets. These CEO’s shouldn’t be making millions when their company isn’t off the ground yet. They using investors money to open more factories is even more ridiculous. They are literally building factories for show to get investors to spend more money.
Hey Kerry, I trust your opinion and respect your channel. But just in case you don’t know. There’s some very shady things going on with boxabl. Meet Kevin broke it down well. But to me one of the scariest and most heartbreaking things. Is if you even comment on any of their stuff and ask about your concerns in good faith even, they will delete your comments! I would really like to hear your thoughts on all of this. I didn’t invest a whole lot. But some people aren’t so lucky. With all respect, Influencers like you have a responsibility to show both sides
I’ve read through the comments for more feedback regarding this. I like this channel but it seems like Kerry only replies to the positive comments but doesn’t comment on anything questioning these concerns. I’d really like to know what he thinks, unfortunately, he seems to be ignoring this.
I’m a steak & cheese sub guy myself. 😋 I love Boxabl updates. They are my favorite. I’m still looking at their three bedroom, 2 bath model as my most likely prefab purchase. Your video of that model earlier this year sold me on it. It’s going to be awhile before they are available for purchase but it’ll be worth the wait. A third factory. Wow. They are growing so fast that when they finally get that certification they might be so stocked up on casitas they’ll just have to ship them out.🤞🏽 Awesome update Kerry. You rock! 😎
Kerry, what’s up with their licensing and permit requirements for their units? There is a issue with permits and sewage, water and electricity hookups in California rumor has it they are having permit issues and zoning regulations issues? Can you verify Kerry?
I'm so excited about this stuff, but I really don't like the layout of the family unit. I expected something a little bit more functional. The living room is too crowded with the couches and the TV is by the dining area????????? That's just weird. I could go on and on, no joke. My wife and I plan to get a prefab home soon, but so far I just haven't seen anything I really like. Probably, we're going to have to go to one of those companies that does some custom stuff. There were a few things about it that I did like, like the upstairs bathroom, but that's not enough for me to justify it. We want something that we could be happy in for the rest of our lives probably. That little window upstairs is a crime. big windows and lots of light are a must. Even on that small square unit that I like for one person, the big door windows had too much bezel or whatever you call it. Might as well just put bars in the windows to obstruct my view. I don't want to live in a prison cell. They need a more minimalistic approach. Nothing should be blocking my view. I want to live in nature, or think I'm living in nature, while keeping the pests/bugs out. They made the whole wall of window doors, but half the view is blocked by ugly black metal. It doesn't give that clutter-free peace of mind I expected from them.
Good news and I'm most always, always a happier person after watching your videos, and most especially about Boxabl! I've liked MANY of the ones you've presented, its that I've a chance to afford this one....... yes, Kanga, too! Love your humor!
Thanks Kerry!! I did some research and they have institutional financing behind them!! No shortage of cash from the "big boys"!! Thanks for your efforts, really appreciate your updates!! Greetings from Canada!! GIDDYUP!!
Love those upper decks on top of house especially with 3 Boxable/Casita configuration with 2 Casitas stories and 1 story Casitas attached to the side with deck on top. That is definitely a family unit.
I have YET to see a kitchen in these units that could feed a 95 lb. asian girl. and design is fine but how about gettin itt dunn and coming up with product???
This has to be a ponzi scheme. 3 factories and they are not shipping products. You don't buy a second factory until your first one is too small or can't get the product out fast enough and there is a loss in potential revenue. Yet they are on their third with products not shipping until Q4 2023?
All of Boxabl’s facilities are rented they don’t even own them and the second facility is just being used for storage. The third one they just rented a section of the building but haven’t specified that to the public. Why are the founder doubling their salaries from 400k to 800k plus 400k in bonuses when the company is losing money depleting 4-5 million per month? Why are they launching 4 new crowdfunding offerings when they haven’t proven to investors that they can make them money after milking 140 million from 50k people? Why did galinao and Paolo Tiramani dump 5 million shares each and go on a spending spree? They are treating investors money like a piggy bank! WHERE IS THE CF FUCKIN O?!? Why hasn’t there ever been a cfo?
I paid a down payment for a casita in 2021. This year, 2 years later, still no news about my unit. So I decided to ask for my money back. There is other very nice option out there.
I love YOU Terry, BUT..... box ain't ABLE! .......once I saw DR horton is involved.... low end sub par LAWSUIT company and product.... 200 K and plus you'll never get it! Approvals & permits get done BEFORE YOU BUILD THE PRODUCT!! lol S C A M WHAM THANK YOU MAM
I started watching this, because I'm looking for a way to get gma the cash out of her traditional house, whilst she's still around to enjoy it. Then I didn't have my glasses on, and thougt that you were my old housemate from my time in Boston after college, because he's always dabbling in new crap. Well, you're not he, and I still don't jnow where to put gma, but I love your channel!!!👍👍👍
If one could find ANYONE who has purchased one of these units, and posted a video or review, then perhaps we could believe they are legit. Personally I think they are a scam and if you read up on the antics of the execs of the company, they seem to be pretty shady.
Keep following them. The concept is great. Having the ability to choose a larger home will be excellent. I think you also need to go back to Incredible Tiny Homes to cover their new Incred-i-cottage and the newer larger incred-i-box and add-a-box. Also you should cover their great model homes. All their pricing is extremely affordable and they are developing communities where a buyer could place their home. You could make at least a half dozen videos about them. Boxable is cool but ITH is already producing around 5 homes a day. They are also thinking to move into the modular on-foundation niche too. Very exciting.
Kerry , did you not find it interesting how little few workers were at the factory when you were there. This looks a bit suspicious. These guys will never get certified because their products is nothing more than the Chinese prefab but prettier. Please be careful how you plug them as many others might lose money if they go down. Hopefully I am wrong. Watch the video by meetkevin
You are correct to be very very suspicious. There are reports one of Boxabl's accounting firms has a claim for non-payment and says their financials are the worst they have ever seen. I happen to be what the SEC calls a "fully qualified investor" which allows me to participate in angel and series "A" startup stock offerings. Not smarter than any other investor, but I can afford to lose the investment in the eyes of the SEC. I look at companies very closely before any investment, and Boxabl has so many red-flags I would NEVER put even a penny at risk with them.
@@KerryTarnow that’s very interesting. All the videos I have seen of these guys must have been done when everyone is on their breaks !! Other influencers with big followers have also wondered why there are so few workers. The point is people really need to dig further before investing. BTW great content you have and has helped me choosing the eight prefab company for a small resort we are planning on. Thanks in advance.
Cars are much more complex to build than homes. Homes should be able to be built cheaper than a car if the manufacturing is done right. So glad to see these under development. I’d like to see a factory built airplane too. I just had to pay $3,300 for a Cessna 182 part that was smaller than a hubcap made out of aluminum.
These concepts in homes have been around for decades. Modular, build/move, assembly line on site or panels stacked for crane install. Ain't nuthin new except responding to the demand.
No Boxabl unit is certified for any occupancy. That is why for now their few shipped units have been returned or must remain unoccupied. Think about how could Boxabl go for years now without ANY occupancy certification. They might not meet fire, energy or life safety codes, they might not meet earthquake ratings. Certification has always been the elephant in the room which a legitimate business would have addressed quickly in my opinion. Boxabl never really has, ... just more empty promises. This makes me worry Boxabl is a retail investor stock swindle. I have no direct knowledge Boxabl is fraudulent, however there are many RU-vid videos and reports that raise the issue of fraud, which seem worth watching and evaluating for yourself.
@@zacharymartinez4556 Are any customers living in Boxabl homes that their local building dept has approved for occupancy ? We shouldn't care a wit what paid Boxabl flaks post in a video. For the sake of their existing thousands of customers with paid deposits, their employees and retail shareholders I would like to be wrong.
How many houses have they actually delivered to their retail customers ? Common sense tells us to build one automated factory then replicate the process, the main problem remains low productivity, even Katerra had plenty of cash to burn at some point.
Starting to look like a scam. Why have multiple factories BEFORE THEY'VE EVER PRODUCED A SINGLE PRODUCT?!!! They're playing fast and loose with their investors money. 6 months since this video posted and Boxabl still isn't making anyghing.
This is an amazing concept and, at age 55, I'd love to live in one of these. But the ' United States of Randomville ', aka ' the home of a million fiefdoms ' , aka ' Boss Hogg from the Dukes of Hazzard-- ville' will be sure to screw it up. Because every stupid, random fiefdom thinks it is so important that societal issues like homelessness, climate change, and quality/affordable housing are nothing more than background noise. It's much more important that ' Ted from Randomville ' feels satisfied with his red tape. This is why countries like China are kicking the US's butt. In China, ' Ted from Randomville ' knows to shut up and do what he's told. Or else. Way to go ' Ted' . Don't forget to keep issuing tall grass fines when the zombie apocalypse hits.
I put down a $200 deposit 1.5 years ago for a boxable home. At that time there was 20,000 people ahead of me. I imagine there's double or triple that by now. Doubtful I will ever get one or my deposit back. What a scam.
I'd buy their theoretical 40ft model they've talked about, but it seems it'll be a decade before it happens. They should build and sell them as "sheds" in the meantime, or stick them permanently on a flatbed trailer and sell them as RVs. Also gotta love how the government says they're fine for service members for the DOD but not for the average consumer to have something affordable.
According to native Americans All good things happen in 4s. Guessing the 4th warehouse/production building will be a true marvel in production. Awesome company. Way to go whoever is behind this. Imagine it’s a LOT of awesome people with awesome stories.
Probably a good time to temporarily move to Vegas and do an in depth documentary on this company. Co Founders early lives, influences etc U know The Whole Shebang. Have fun with it like U always do in your videos and doors will open that U didn’t expect. Cheers💜🐬
If Boxable every ships a home to a customer, please do a video update. Its concerning that three years later and no sales. If nothing else, they should have made monumental improvements to the design and quality in that time. Have they? Would have been great to have Elon Musk build these houses. He gets things done and product shipped.
Kerry, There are rumors the influencers are taking money to give positive reviews on the company. Can you confirm or deny that you've accepted compensation from them ?
What happened in Bagdad Arizona? Houses are sitting there for more than a year, and can't get permitted. Someone should have thought of that before they delivered dozens of units.
If they have Park-RV certification now and that means has to be under 400 square feet what will they do when the size increases or you combine units then how are these regulated by states. It is so confusing every state has different regulations and certifications. Please make a video addressing all of this. All these houses are cool but I don’t see how most states will allow them . Especially if a company is out of the USA they are not going to be certified and allowed in different states that require inspection and registration in a state. People are not going to be happy buying a modular home and then finding out in there state it’s not allowed.
Im sure the price of land in that area has tripled they should be buying multiple sites in 1 transaction hopefully in a different LLC name so they dont pay a premium
Conception of constitution is the beginning of legislation. What’s good for economy only traders goes against country to 🛑 production that helps citizens & economy.
but if they don't put the cart before the horse, they'll get left in the dust. You've gott push hard in the beginning or else you'll always be behind. That's how competitive the world has become
People are in need of homes now especially in cities like the LA counties. They should have boxabl home communities where people can rent and rent to own as well, and also have an option to buy the land it's stationed on in that community.
Besides the father and son, they probably hired engineers to do a lot of this automation systems/machine design. The company seems to follow the Tesla/Musk model of rapid innovation and streamlining of processes, and putting no limitations on the future. From the beginning, they had certain important innovations and the determination to carry them through, and it also helped them really to capitalize on the tiny house/ADU craze. After all, if they can get one small house to be cost effective, energy efficient and durable, ramping up to larger homes using modules and the same building equipment and process, should be easier for them. That explains a lot, about the permitting problem, so thanks for reminding me and others about that.
They aren't just waiting for certifications, they are perfecting-designing-obtaining (i.e.; having it built) the equipment to make the factory(s) automated - like a automobile factory. They are also testing out materials to use. They still haven't built their Boxzilla factory....so more to come. I'm thankful for the update Kerry. I'm on the waitlist, but I'm looking for a lot right now and when I find one, I'm moving ahead with the purchase of a new prefab - if BOXABL isn't ready I'll choose another company. Most likely one of those on the East Coast that you have reviewed, such as Metaligna (AKA Craft Modular) out of Ottawa Canada.
Thanks for the update Kerry! Love you, and your sense of humor. After reading the comments, I was surprised at how many actually said that they invested in Boxable, and some had concerns about the company itself. I sure hope for their sake, that things start to go in the right direction soon. ❤️🌵☀️⛈️🌈☮️🐎
@@liviuperianu5499boxabl is a scam that is paying influencers to talk up something they can not deliver. We all have to make $ but at least think a smidge as to the possible consequences.
I’ve been wanting to buy two of these casitas to put them together, but I have been able to get even a estimate on delivery time. They won’t say if it’s 3 months, 6 months, a year, 5 years, etc. it feels like ordering a Cybertruck.
I toured the factory, lots of interest, but I was not impressed with the fit and finish, the details just were not great. You would think that the model would be wonderful but not really.
Good update Kerry ~ that 3 bdrm Casita is money. Monumental undertaking putting together 3 factories is this short a time. And if Boxabl wasn't seriously onto something, there wouldn't be so many copycats, so to speak, angling to get into the space.
I recently toured the factory and am on that list but was advised the price did increase slightly, I love the idea, I stay in hotels about 50 weeks or so out of the year anyway so it's suits me fine, it's turn key, in one day, after you hook utilities, you move in and start cooking, doing laundry and showering everything being included is a sweet deal and they are good appliances
