cover of episode 492: Robuilt’s Tiny Houses That are Cashing in MASSIVE Profits Every Month

492: Robuilt’s Tiny Houses That are Cashing in MASSIVE Profits Every Month

Publish Date: 2021/8/5
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    <p><strong>Rob Abasolo</strong>, AKA <a href="https://www.youtube.com/channel/UCdIM_XmhsVYbBhl3pgPq3dA">Robuilt on Youtube</a>, didn’t have a background in real estate, or construction, or hospitality, or really anything related to his current success. He did have drive, creative thinking, and the will to <strong>make something work when other people told him it was impossible</strong>.</p><p>Rob and his wife<strong> moved from Kansas City to Los Angeles</strong>, trading a $1,100 mortgage on a house for a <strong>$1,800 rent </strong>bill on a small apartment. Around this time, Rob started hearing about <strong>Airbnb and short-term rental hosting</strong>. So, he decided to buy a house, keep his apartment, and try his hand at some <a href="https://www.biggerpockets.com/blog/airbnb-arbitrage"><strong>Airbnb arbitrage</strong></a>. It worked, and thus the short-term rental revenue model was proven!</p><p>Rob then started to Airbnb out the apartment attached to his new home. He was pulling in some solid income, anywhere from $2,000 to $3,000 a month. So what did he do next? <strong>He built a “</strong><a href="https://www.biggerpockets.com/blog/tiny-houses-will-the-movement-last"><strong>tiny house</strong></a><strong>” in his backyard for around $72,000 </strong>and began <strong>renting it out for up to $4,000 a month</strong> on Airbnb. That’s when Rob thought “what if I built ten of these?”</p><p>Now, four years later, that’s exactly what he’s done. Rob has a<strong> growing portfolio of </strong><a href="https://www.biggerpockets.com/blog/analyze-short-term-rental"><strong>short-term rentals</strong></a><strong> all across the United States</strong>. From California to Texas, to Tennessee and beyond. But this isn’t the end for Rob. His new plans? Build a<strong> massive “glamping” compound </strong>on his newly acquired 50 acres of land in Gatlinburg!</p><p><strong>In This Episode We Cover:</strong></p><p><strong>Airbnb arbitrage</strong> and the risk of always going after cashflow</p><p><strong>Offsetting your mortgage</strong> with short-term (or long-term) <a href="https://www.biggerpockets.com/blog/2013-11-02-hack-housing-get-paid-live-free">house hacking</a></p><p><strong>Airbnb regulations</strong> and making sure you’re allowed to host visitors</p><p>Building a “<strong>tiny house</strong>” and the cost associated with it</p><p>Funding your deals through <a href="https://www.biggerpockets.com/blog/heloc-buy-real-estate"><strong>HELOCs</strong></a><strong> and partnerships </strong></p><p>The new trend of “<strong>glamping</strong>” and why it may be a massive opportunity</p><p><strong>And SO much more!</strong></p><p><strong>Links from the Show</strong></p><p><a href="https://www.biggerpockets.com/forums">BiggerPockets Forums</a></p><p><a href="https://www.biggerpockets.com/investment-calculators">BiggerPockets Calculators</a></p><p><a href="https://www.biggerpockets.com/youtube">BiggerPockets Youtube Channel</a></p><p><a href="https://www.imdb.com/title/tt1844624/">American Horror Story</a></p><p><a href="https://turo.com/">Turo</a></p><p><a href="https://www.airbnb.com/rooms/36315829?source_impression_id=p3_1628087854_qXUj5a628ow9vs9V&amp;guests=1&amp;adults=1">Joshua Tree Harebnb Listing</a></p><p><a href="https://www.biggerpockets.com/blog/biggerpockets-podcast-280-the-key-to-making-great-deals-hint-overlooked-properties-with-mark-hentemann-writer-for-tvs-family-guy">BiggerPockets Podcast 280: The Key to Making Great Deals (Hint: Overlooked Properties!) with Mark Hentemann (Writer for TV’s Family Guy!)</a></p><p><a href="https://www.zillow.com/">Zillow</a></p><p><a href="https://www.airbnb.com/">Airbnb</a></p><p>Check the full show notes here: https://biggerpockets.com/show492</p>
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