
- Introduction for the course
- What the course will cover
- Learn if cabins are the correct business for you
- Portable sleepout cabins compared to granny flats
- What the difference is: structurally, legally and for investing
- The importance of operating the business simply
- Arguments for and against franchises
- Why independent operation is cheaper and better
- What risks you face in the business
- How expensive your liability can get
- How risks compare to property
- Sources for purchasing a portable sleepout building in NZ are revealed
- Verifying validity of cabins against scam risks
- Cabin materials are compared (sandwich panel vs timber-framed)
- Towing vs craning
- The importance of an electrified cabin
- What makes a good purchase?
- How to rent out your cabins
- Where to advertise your cabin
- How to select a tenant
- Contracts
- Where to place the cabin on the tenant's property
- The importance of setbacks (council regulations)
- How to sell your cabin (if required)
- How you enter the business determines your final selling price
- The importance of not rushing
- The different ways you can make money with cabins beyond rental income.
- What expenses you can claim against tax
- Depreciation
Conventional property investing has become expensive for both landlords and tenants. Landlords experience high costs and low returns while tenants struggle with the cost of their rent. Tiny homes and portable buildings are a new opportunity for tenants to cut costs and for landlords to make money.
In this course you'll learn how I made $50 per week from $3500 (74% pa ROI) by establishing a portable sleepout business with no experience. You'll learn where to buy cabins, how to advertise and find tenants, contracts, maintenance and how to manage your finances. Did you know there's more ways than just rent to make money with cabins?
Cabins ultimately are a simple business but it can be easy to make a mistake if you aren't careful. While no consent or permit is required for relocatable buildings, you still need to be mindful of council setback regulations for example.
Even if you are a beginner, this course will give you the foundation needed to think about the business and get started.
Portable rental buildings as an industry has huge growth potential ahead of itself still globally. Learn about the business while it's still early. There's still huge opportunity to be had here.
Keywords: ADU, backyard studio, guest house, tiny home, portable buildings, portable office, prefabricated building.