We all know about Opportunity Zones, but when it comes to Tiny Homes - how can we capitalize on these times in our history to make a change for our local communities and those abroad where you have investment interests. When it comes to opportunity zones, we have the ability to accommodate in various ways, depending on your ambitions with your project. It is no longer a hidden secret to the power of opportunity zones in how they benefit the local community, and especially the owner (you).
A Couple Ideas to Throw Out....
Idea #1: For every acre of land, add 4 Tiny Homes with 1-2 bedrooms each
Idea #2: Multiply the acreage you have by 4
Idea #3: Consider the power of long term stay & Short Term Rental Experiences
Idea #4: Compare the Pros & Cons of each route and then ask yourself...
"How can I make the most impact with the least amount of friction right now?"
There is nothing holding you back from creating an impact with opportunity zones, especially with Tiny Home Containers having commercial AND residential application in their classification being an ADU(Additional Dwelling Unit). There are endless possibilities with Opportunity Zones and how to create an impact and there is no wrong answer in how to make things work with your project.
In Alabama, the market rate for short term rentals with a nice partial of land can go for a minimum of $180/night, easily. Multiplied by 4 per acre...
Then take THAT NUMBER to how many acres you have in your portfolio. The numbers make sense because of the demand in the market right now, and how the financing and cashflow will work beautifully together. Not to mention the Tiny Homes starting at $60,000/each, again multiplied by 4 per acre, depending on your customization preferences. Not to mention Cooperate Housing, which we will cover in another article.
" Increasingly, people across the country and beyond are embracing minimalism by transitioning into a tiny house, and you may be excited to do the same. Tiny house living is associated with financial savings, reduced stress, an improved quality of life and green living. With this in mind, it is not surprising that tiny homes are popping up in areas across the country. As is the case with other types of homes, building codes and zoning regulations impact tiny house construction and placement. While some of these codes and regulations are established at the state level, others are determined by the county or city. "
When it comes to having a design, development and liaison team in place, there is zero reason to why your project will not be a success. We are here to help you grow from the ground-up, no pun intended. We're here by your side, so go ahead and take the next step and begin the application process today. Let's change some lives together.
Take the Next Step Today, and Book a Time to Discuss Your Project
There's nothing more important to me than finding a winning Strategic Partnership direct or indirectly so we can make things possible with your project.
You need a PLANNING PARTNER to make sure you know the field and can identify "bear traps" and how to get ready for funding. Identifying your business model, overall vision, and how to get there is exactly where we come into play in your overall project.
That being said, please book a time with me to discuss your project to evaluate how possible and real it will be and what needs to happen to make it happen.
We'll help you get ready with your exit strategy in mind for your first step so you're ready for approval by local municipalities and financing/funding.
We're here to help you in any way that makes the most sense from providing the following:
Providing Funding Help
Providing Project Management Assistance
Whatever team members you have, we will come alongside to compliment and assist in the process of going vertical. You do NOT have to be alone in this process and there WILL be things you have not considered just yet, which is why we are here for YOU.