There’s a lot of reasons why people go tiny. If you’ve been around for a while, you know that for us it was a combination of ownership, geographic flexibility, and future ROI (return on investment). Today, almost three years into our Tiny journey, we are much closer (financially speaking) to taking the next step and creating our first Tiny House related stream of passive income.
In this video we wanted to talk about three primary strategies for making money with Tiny houses and discuss which method we will soon be taking the next steps on.
1. Backyard Villa’s are an easy way for a traditional homeowner to make rental income from an Accessory Dwelling Unit (like a Tiny house) on their property (just be sure to check if Tiny houses are approved as ADU’s in your local area).
2. Tiny House Hotel’s are a collection of tiny homes, all owned by a party and rented out on a short term basis to travelers and potential future tiny home owners. This strategy requires a lot of money up front but it’s the most profitable of the three models we’re discussing.
3. Tiny House Communities are becoming more common and can be run in several different manners. One of the most common is for the land owner to simply lay the plumbing, water and electrical infrastructure, and then rent out individual lots to tiny home owners. One of the biggest pro’s to this model is that the property owner has no responsibility for maintenance to the units because each home is owned by the individual renting the lot.
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TOP 🔟 MOST FREQUENTLY ASKED QUESTIONS👇🏾
#1 WHO IS THE BUSH FAMILY?
►Thanks for asking! We are Marek and Kothney-Issa (Ko) Bush, a 28 year old millennial couple that lives 100% DEBT-FREE in a 200 square foot TINY HOUSE on wheels!
#2 WHAT IS THIS CHANNEL ALL ABOUT?
►We believe that life should be LIVED INTENTIONALLY but that you have to LAUGH while you’re at it! On our channel we cover all things, TINY HOUSE | MARRIAGE | and MONEY…all with a FUN, comedic twist!
#3 HOW LONG HAVE YOU GUYS BEEN LIVING IN THE TINY HOUSE?
►We signed the contracts on our third wedding anniversary in 2017. We officially moved in NOVEMBER 2017 and have now been in the home for about 2.5 years!
#4 HOW MANY PLACES HAVE YOU LIVED IN THE TINY HOUSE?
►Three parking spots, two states, including Florida and now Texas!
#5 HOW LONG HAVE YOU GUYS BEEN MARRIED?
►We met (and dated!) in the 7th Grade at Lincoln Middle School in Kansas City, Missouri in 2007. We got married in 2014 and are now coming up on 6 years of marriage!
#6 HOW MUCH DEBT DID YOU SAY YOU PAID OFF?
►In only 24 months, we paid off $125,000.00 worth of debt which included ALL credit cards, BOTH brand new cars, BOTH his and her degrees, and the TINY HOUSE itself!
#7 HOW DID YOU PAY OFF $125,000.00 in 24 MONTHS?
►The short answer…(1) WE GOT SERIOUS, (2) we got on the same page, and (3) WE WENT TO WORK…ALL DAY, EVERYDAY! To hear the full story, watch this video: https://www.youtube.com/watch?v=xDKl6_w5RA4&t=124s and check out our full MONEY and DEBT-FREE JOURNEY playlists: https://www.youtube.com/playlist?list=PLGdbNJR_2ZvzWP4QPP1F7OWbRb4AWZxWg
#8 HOW OFTEN CAN I EXPECT TO SEE NEW VIDEOS FROM YOU?
►We upload new videos EVERY SINGLE WEEK! Tell your friends!
#9 WILL THE CHANNEL BE EVOLVING INTO SOMETHING ELSE?
►That depends entirely on YOU! We have general ideas of where we want to go with the channel, but we RESPOND to THE FAMILY (you!). What you guys LIKE, COMMENT on and SHARE is what we make more of!
#10 HOW CAN I REACH THE BUSHES?
►You can reach us at email@example.com or over on INSTAGRAM @tiny_house_lifestyle.
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