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GARAGE CONVERSION REGRETS | 2 Years Later $$$

  Рет қаралды 33,565

Alex Esteban

Alex Esteban

Күн бұрын

Hey guys! Its been two years since my wife and I finished our garage conversion and started renting our place out on ‪@airbnb‬ ! Its been a wild experience to say the least. In this video update we want to share our regrets and the things we wish we would've done differently along with how much money we have been able to generate in the full two years since putting it on airbnb! Hope you enjoy and leave a comment with any questions!
Book Our Airbnb! : www.airbnb.com...

Пікірлер: 39
@phxgurl57
@phxgurl57 2 жыл бұрын
Alex I actually stayed in this Airbnb last June and I loved it! Such a cool house and the neighborhood was beautiful. I actually found your video because I’m starting my own garage conversation and I was looking for inspiration on KZfaq
@alexesteban
@alexesteban 2 жыл бұрын
Wow! Very cool. Thanks and good luck!
@michaelbeam6017
@michaelbeam6017 Жыл бұрын
I’m a contractor and you my friend did not get ripped off.
@lorenazaragoza6411
@lorenazaragoza6411 Жыл бұрын
Just looked at your unit on Airbnb…super cute!
@InternationalKarl
@InternationalKarl 2 жыл бұрын
Wow you made all your money back in 2 years!! Now that is one hell of an investment!!!
@andreag8666
@andreag8666 Жыл бұрын
Just add a skylight. There are small washing machine/dryer combos they don’t take up much space.
@cloudymatch5833
@cloudymatch5833 3 ай бұрын
The word regret got me to watch this. Wanted to know how much you regretted leaving that grocery store early
@IlovemyOleander
@IlovemyOleander 2 жыл бұрын
I live in Nashville. (Germantown) I have a detached garage… thinking of adding a small living space for myself & renting my home. Were establishing plumbing/Electric a lot?? Also, do you have separate meters?
@InternationalKarl
@InternationalKarl 2 жыл бұрын
I’m going to subscribe just cause this is the second video I have watched if yours and you are a lakers fan!!!
@alexesteban
@alexesteban 2 жыл бұрын
#lakernation
@erlpen2016
@erlpen2016 Жыл бұрын
Another great video….in your first video about your adu you said that the actual cost of converting your garage was around $52,000 which is a very good amount( not including the outfitting of the adu)…so as far as “the haters” they don’t know what the $hit they are talking about…having said that though $52,000 might be to much for a pre pandemic cost….in other words if you build it now in 2023 your conversion would cost around $80,000 to $100,000? in that case that would be more than I want to pay….as far as your income from your adu I find it amazing for a place like Tennessee where I can imagine the cost of living must be very low compared to here in California….just comparing the minimum wages of Tennessee and California there is a 100% difference….$30,000 income here in California would be good as an added income I can imagine how good it would be in Tennessee…in reference to the structural engineer here in California you have to have a a report in your hands even before you apply for permits…so it looks like Tennessee has more relaxed building code than California…keep doing what you are doing it looks like you found a very good way of making money…
@DeanBKK
@DeanBKK Жыл бұрын
Do you have an updated link to your Airbnb? The link in the description doesn't work. Thanks!
@maryannebryce5210
@maryannebryce5210 Жыл бұрын
I thought 60,000 was really low. There is no way they could do it for 10,00. No way, unless they did the labor themselves, and even then the plumbing/electrical, lumbar have these people seen the price of lumbar.
@Red-lu3ku
@Red-lu3ku Жыл бұрын
You're right! Lumber prices are through the roof right now. All materials have literally doubled in price.
@danbiss87
@danbiss87 7 ай бұрын
I agree, $60k is reasonable for pre pandemic cost, more like $80k in today's market. You couldn't even buy all the materials for 10K. A draftsman is alone is going to cost between 2-5K. Just like any other build, people can expect to pay $150-$350 per square' to build.
@estif6852
@estif6852 Жыл бұрын
Pls pls can you share the drawing plans for your conversion, trying to do the same thing at my home in RI
@jaysrc
@jaysrc 7 ай бұрын
Awesome job, man. I am doing the same thing.
@alexesteban
@alexesteban 7 ай бұрын
Right on!
@illmatic33
@illmatic33 Жыл бұрын
Yeah first timer here... The contractor went to the bank... Not saying 10k but 60+ get you a close to finished ADU.
@anthonybradice1445
@anthonybradice1445 Жыл бұрын
Thanks for the video thinking of buying a two car garage used by a fire department to keep a couple of trucks in wondering if you needed any permits to conversion
@elvyharris9699
@elvyharris9699 2 жыл бұрын
Hey Alex, Can you share the listing for your AirBnB?
@alexesteban
@alexesteban 2 жыл бұрын
Done!
@Mandyleeish
@Mandyleeish 2 жыл бұрын
Hi there! This is great- I'm doing the same thing right now! Could you tell me how much I should expect to pay a structural engineer in Nashville? Your place looks amazing!
@alexesteban
@alexesteban 2 жыл бұрын
$200-$300
@Mandyleeish
@Mandyleeish 2 жыл бұрын
@@alexesteban Thank you!
@shirleyshirley4188
@shirleyshirley4188 Жыл бұрын
I'm sure I could do it for 10k. However, we are handy and could do the work ourselves. We also live in an area that is less expensive that you. For your area, and having to use a contractor, you did an amazing job for 60k.
@danbiss87
@danbiss87 7 ай бұрын
People who think they can do a conversion for 10-20k are morons. A kitchen alone with granite including appliances is around 5K on the low end, baths another 5K on the low end, tradesman carpenter/plumber/electrician/ permitting/ utility connections, etc, aren't cheap either. Then furnishing etc.... The price you paid $60K is pre pandemic prices and is 100% reasonable. It would cost more like 80k in todays prices
@iamkat-agnt99-ash-kbt.59
@iamkat-agnt99-ash-kbt.59 Жыл бұрын
Thank you:)
@rodtube2827
@rodtube2827 5 ай бұрын
Thought you couldn’t airbnb a adu in California
@ruproductions6286
@ruproductions6286 5 ай бұрын
0:08
@MrAlexParks
@MrAlexParks 2 жыл бұрын
Do you think it's worth it in a smaller city?
@alexesteban
@alexesteban 2 жыл бұрын
In my opinion, yes. Even though it may not generate as much as in a large city the income you will make can likely cover all or most of your mortgage payment even if it’s a small city.
@irismarie6515
@irismarie6515 2 жыл бұрын
Did you need a permit?
@danbiss87
@danbiss87 7 ай бұрын
absolutely
@bachoucha93gmail.comdjerbi18
@bachoucha93gmail.comdjerbi18 2 жыл бұрын
Hi guys How much it cost you to hire architect and structural engineer. Thank you
@kdockrey
@kdockrey 2 жыл бұрын
Find a design build firm that does ADUs in your area to save money. The cost of hiring an architect and structural engineer separately depends on your area and can be costly. For my area in LA, the architects that I interviewed wanted $30K to design my ADU. ADUs are more costly per square foot than an average size single family home. I've hired structural engineers for small jobs and they ran about $1200 - 2500 in LA. TBH, they did little work, but the city wanted a stamp of approval from a structural engineer before they would greenlight the project.
@housekeepingrehab9030
@housekeepingrehab9030 Жыл бұрын
....Why can't you say "Pandemic" out loud? This is America....if we the people keep it that way~! Great information and thank you for this ~!
@missmaryjanegreen
@missmaryjanegreen 10 ай бұрын
🙄
@slonecznikdoniczkowy
@slonecznikdoniczkowy 5 ай бұрын
Because he said F Covid 😅
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