My Container Home Made This Much in 1 Month on Airbnb 

Plenty of equity is still gained from this type of project without the social media side of it and if you enjoy building, it can still be plenty worth it. I think it just comes down to what types of passions people have in their lives and what they want to pursue

Doing ANYTHING without socials in 2023 is a bozo move.

I mean... because he put in sweat equity, even without ever renting it, he was already up $200k. I disagree.

@@justinrink6755 why is the main RU-vid liking this? It isn’t a jabbed and him disagreeing is a naive/stubborn move. If he disagrees with thinking this isn’t a “bad financial move” without blasting you’re project on social, extreme stubbornness. He has well over 700k-800k+ into this, and that’s him doing majority of the labor work which saved hundreds of thousands. But he believes he could sell for “1mill+” hard to dispute or argue but I would think around the $550k-750k max range. Especially with property going down. If it wasn’t for the social exposer, yes this would be a loss if you’re outcome is only financial gains which is the point. And no other reasonings/Munda things like “life lessons gain from this counts for more” only taking about financial gains/lose. Kind of shock he agrees he would of been a good decision/financial move even without social exposure. Denial isn’t just a river lol but no hate just bringing up a valid point. Extremely jealous/amazed about ur tenacity,motivation and all above. Just stating these compliments to make my point/topic only about “if this would work financially without big social media exposure”

I mean u nedd social media to help any business

Thanks! Yeah, April is looking so much better already. Now I just gotta do what you're doing and get solar to get rid of that energy bill.

More commonly referred to as clickbait.

Justin! What up dude, it's been a bit. You mainly doing long term rentals or you starting to dabble in the STR game? As for the property taxes... that's one benefit to building new construction. The county assumes it takes 16 months so if you can build it quicker you only have to pay taxes on the land as if it's vacant undeveloped land. So next year it's going to go up by a chunk 😅

@@devonloerop we've got two condos we plan on renting out long term so still learning a ton about how this all works. Might look into STR eventually but for now, we've got our hands plenty full lol. Seems like STR and long term are pretty similar in terms of responsibility and equity building

Of course, so many people hide their numbers and are either afraid to say they lost money or are weird about showing how much they actually make.

You bet! Few people are actually dropping their real numbers so I'm trying to provide the value that I looked for when I was getting into this STR container home game!

Care to explain a bit? This asset will most likely value around 900-1mill which means I've created $150-250k in equity from thin air and it's cash flowing over $100k per year

@@devonloerop You know better than me that's for sure.. I just would have started on a smaller project is all I meant to say. I don't know the numbers.

He literally walks you through all the numbers and his 3 biggest expenses were annual payments, if it keeps up occumpancy rates like this for a while he could retire on this one build. Fair play

@@devonloerop I couldn't think of a single person other then yourself who would purchase this for 1 mil

@@devonloerop i bought a property at the wineries and partly flipped it to accommodate atleast 10ppl. focused on the home experience for customers, amenities and family entertainment, luxury without spending on expensive brands going for $1k/night on peak days. i feel like you exerted too much effort building the home but understated your bnb rates. i gave myself 3mos to run the flip and launched in time for the peak season. the equity you built is assumed IF you sell it right now. in reality, your real financial cashflow is running red. i love the effort but as a fellow bnb person, i suggest focus on why you want your customers spending the night at your build, what to do, entertain, and give them one heck of an unforgettable experience, and ALWAYS be 2 steps ahead of what people need. and then UP your rates. boost that bottom line man. go get it!

Haha thanks man! Really appreciate you. Yeah the social media video is gonna be really cool 0-1,000,000 followers in under a year. Gonna be dropping the secret sauce on that one!

Thanks!!

It's gonna be wild😏

Yes!! I've been a huge fan so far. Guesty can definitely be a little glitchy at times but that comes with the growing pains of a really cool company. Stoked for Guesty to build out a review software so my direct bookings can leave reviews and further build credibility.

“You’re a beast” You’re a 🤡

Yeah, I've heard from other hosts in the area that summer is typically the high season and that the early spring/May is typically a bit lighter on occupancy.

@@devonloerop Keep making videos about how the occupancy is going. I have a long term goal to build something similar; I'm leaning towards a cement and glass cube of some sort. I have some land in the area that I'm just getting started working on.

Lol thanks! Yeah i love how it turned out!

Very true, the following means nothing. But fortunately this place is an incredible experience and guests are loving it.

He don't blink much I'm sober 😂😂😂

Yessir, check out my channel. Breaks down all the processes and costs

Will do thanks

hahaha i'm with ya but the vast majority of people on people on here think I'm insane for charging 400-600. Even though that's right on par with other homes in the area.

With recession fears there's concerns that bookings are slowing down (especially for hosts with not very unique, run of the mill homes). I've even heard from my cleaners that some of the other airbnbs they clean for aren't nearly as booked as what they used to be.

I do offer consulting calls if you wana to chat on a call. Shoot me an email, info@thepacificbin.com

Yeah I'm definitely thinking I need to figure out how to get cleaning down a bit. Appreciate the feedback.

He’s including the $4000 to pay the loan off. He’s legit making the estimated $50k profit.

Let me tell my story :)

7% if everything goes well

He spent more than 550 if you include cost of land. More than $700k.

​@mahno730 plus property taxes and property maintenance is not cheap.

I've made like 13 chicken sandwiches worth of RU-vid cash.

😂

Tracking to be paid off in 3.5 years 😘