Is Boxabl a good investment? Watch before investing!

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Moe Lueker

Moe Lueker

Күн бұрын

You clicked on this video because you are interested in investing in Boxable. I’ve spent over 10 hours analyzing this company and I will tell you my findings in the next few minutes!.
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This video is About:
Boxabl claims to be building the “homes of the future” - their current models are made in a factory and unfold into a fully-equipped home within hours.
I review their latest funding round, where they are valuing themselves at a jaw-dropping 3 BILLION dollars, and why they aren’t worth it.
You can now invest in Boxable through the crowdsource investing platform StartEngine. But you shouldn’t, or at least, I WON’T!
Key Takeaways:
Haven’t figured out unit economics
The company is severely overpriced!
Red flags all around: IP & Lawsuits
Would you invest in Boxabl at this valuation? Let me know in the comments.
SUBSCRIBE for more content like this.
Chapters:
00:00 Is Boxabl a good investment?
00:22 How did I evaluate Boxabl
00:51 Who is Boxabl?
01:44 Unit Economics of Boxabl
02:38 The company is severely overpriced!
03:39 Red flags
04:32 My opinion about Boxabl
With background music from: Anywhen you say - Cheel
And outro music: As You Fade Away - NEFFEX

Пікірлер: 335
@MoeLueker
@MoeLueker Жыл бұрын
Would you like to see a more in-depth analysis on this company that covers any points that I did not include in this video? (i.e. Macro view of the market, multiples in the industry, US Competitors, etc.) If this comments gets 50 UPVOTES, I will publish a more in-depth analysis. You can also reply to this comment and let me know which things you would like me to cover
@justlooking4771
@justlooking4771 Жыл бұрын
I think you may wanna pump your brakes after what Brandon just did this week.
@justlooking4771
@justlooking4771 Жыл бұрын
Just found your channel. I’d like to know more. Let’s educate each other. And I’m not talking about throwing out fancy terms like Macro-“fill in the blank” to make my argument sound smart, either. If I’m wrong, I’m wrong. But your advice doesn’t pass the sniff test, brother.
@MoeLueker
@MoeLueker Жыл бұрын
@@justlooking4771 What did he do this week?
@MoeLueker
@MoeLueker Жыл бұрын
@@justlooking4771 Hi, thanks for the feedback.
@MoeLueker
@MoeLueker Жыл бұрын
@@AndiGrant Yes, I will definitely distinguish between those two cases. I think they get confused sometimes. I don't think i will be able to dig into 3D printing as the video will already pretty long, but I might do another video on that.
@explorerofmind
@explorerofmind Жыл бұрын
I’d like to see someone who already owns property with water, electricity, and a septic system find a contractor who will build them a house for 133$ a square foot. At that price the fact that they pop up in an hour is just a bonus. Boxabl is going to be huge in 5 years.
@MoeLueker
@MoeLueker Жыл бұрын
Thanks for your comment.
@joshuatravis4766
@joshuatravis4766 Жыл бұрын
Yea I think he's a paid discourager lol watch out for these people...
@joshuatravis4766
@joshuatravis4766 Жыл бұрын
Houses and cars are liabilities...this will be huge
@HeavyGroundswell
@HeavyGroundswell Жыл бұрын
@@joshuatravis4766 hi Joshua, thanks for your thoughts. I am not paid to discourage anyone and put out any type of content, but think it is amusing that you think I am. And maybe they will be huge, only time will tell.
@zacharyshoemaker835
@zacharyshoemaker835 Жыл бұрын
Lol Boxabl pops up in an hour. Ok if you have a crane on site and your building code allows you to have a home structure with a flat roof. Boxabl even states on their website that theres a good chances consumers are going to have to pay to have a pitched roof installed. Not to mention unboxing the Boxabl will not be consistent because they plan on contracting that labor out.
@Xilibrius
@Xilibrius 4 ай бұрын
thanks for this video I had come across this company randomly due to a youtube video and this gave me what i needed to know to avoid making it my first investment especially since it's a year later and they're still private.
@MoeLueker
@MoeLueker 4 ай бұрын
Glad it was helpful! Always important to do your own research before investing.
@keithmurphy8875
@keithmurphy8875 Жыл бұрын
Why didnt we know about these walkthroughs!!! This is great!
@MoeLueker
@MoeLueker Жыл бұрын
Thanks, Appreciate it! More videos to come 🙌
@salonso24
@salonso24 Жыл бұрын
Guys, Boxabl is the best example about what is going on with the world market in almost every field….. FAKE SUCCESSFUL PROPAGANDA!!!
@stilianavacheva
@stilianavacheva Жыл бұрын
Nice job, wish you good luck with your channel! 🤞
@MoeLueker
@MoeLueker Жыл бұрын
Thank you so much!!
@justlooking4771
@justlooking4771 Жыл бұрын
I don’t know. I’ve been doing some research on these and disagree with you. There’s going to a lot of empty nesters with their kids finally moving out of their basements (college loans going away) and (as a 47 year old) we are all going to be in the “whew! They’re gone! Why am I paying air conditioning/heating/paying taxes/paying the other half of a 30-year mortgage) for a 2,500 sqft home when it’s only 1 or 2 of us living here?”
@MoeLueker
@MoeLueker Жыл бұрын
That is a great point. I am working on a more comprehensive video about boxabl from the investor and user perspective where I also talk about the macrotrends more. So stay tuned for that. :) Thanks for your comment
@djmaloney9627
@djmaloney9627 10 ай бұрын
By the time they actually filll the 179,000 orders for the Casita, I figured that will be by the year 3000 if we're lucky.😂 I also was under the impression that these homes are supposed to allow everyone affordable housing. When the information first came out on the cost of a casita, the price was listed as $49,500 since the initial introduction, the price has gone up $10,000. At this point where the cost increases will stop, no one knows..... so is this really going to be an affordable product in the long run?😅
@suntx22
@suntx22 3 ай бұрын
Like this video and tells me a lot as we are looking at them. The part I see is as you stated they do not show how to product is built and delivered to the actual job site and what is needed to actually complete the home. Then you have cities that have to approve this and give permits and a CFO before you can move in. It would be nice to know all this.
@MoeLueker
@MoeLueker 2 ай бұрын
That is a good point, thanks for commenting on the video and pointing that out. Again, my video is not investment advice, but rather my own opinion and why I did not invest in the 3B valuation equity crowdfunding campaign.
@HarperPolo
@HarperPolo Жыл бұрын
Thanks for making this and sharing it
@MoeLueker
@MoeLueker Жыл бұрын
Thanks harper, glad it has proven useful to you. What other content would you like to see?
@DIVER13A
@DIVER13A Жыл бұрын
Do you have a website from the china company please? Thanks
@thedude11890
@thedude11890 Жыл бұрын
The technology is worth it in the way the walls they use alone... Plus kitchen.. bathroom .. foldable and transportable ... This is a revolution in old fashioned stick built housing
@MoeLueker
@MoeLueker Жыл бұрын
They use styrofoam insulated walls, what do you mean with revolution and technology? I agree with you, the foldable and transportable is great and it could be a good option for many people
@speedfreaklife2136
@speedfreaklife2136 Жыл бұрын
Another question that needs an answer. Exactly what is left unfinished at the factory on these homes that has to be finished in the field at the homesite by other subcontractors? (1) The roof, as they are shipped with a glue down roof partially installed-with unfinished seams at the hinge points and unfinished drip edges (reason why they are shrink-wrapped in white plastic). (2) The flooring. Vinyl plank flooring locks together and certainly will not "fold up" with the house. (3) The HVAC. The outdoor compressor will have to be installed and charged with freon (4) A Crane. A fairly good sized crane or large extended reach forklift will be required due to the height of the unfolding process. (5) The other items, plumbing, electrical, installation of the divider between the living room and bedroom, installation of the breakfast bar, etc. Will this installation take multiple trade contractors to do the installation? It will in most or all states require licensed HVAC, Electrical, Roofing, Flooring and plumbing contractors. Along with a crane operator. These homes will not "Unbox in an Hour". That statement is complete hype. What is the real cost to finish one of these homes at the home site? Who will they find to do these installations with the proper contracting licenses to do the work? It certainly won't be an average handyman. Home sites in rural or remote locations pose another challenge finding a company to set up and complete the home.
@MoeLueker
@MoeLueker Жыл бұрын
Hi SpeedFreakLife, Thank you so much for these comments. You are making great points. I am currently working on a longer, more in-depth video on the company and will try to find answers to these questions and will address them in the video. Stay tuned for that. Thank you for your comment.
@user-qs6ym1pm5o
@user-qs6ym1pm5o 7 ай бұрын
what are the other companies that you found that did the same work for much less ($8K)? Thanks
@yumicrisostomo3094
@yumicrisostomo3094 Жыл бұрын
Thank you, Moe. I accidently found your channel and now subscribe. I have been trying to out if I should and can invest in the Boxable. But, then I also looked at similar items in Alibaba. Why are the much cheaper? What are the differences between the Boxable and those from China?
@MoeLueker
@MoeLueker Жыл бұрын
Hi Yumi, I am glad you found the video helpful, and thank you for subscribing. More exciting videos to come soon. There are several reasons why other options are cheaper: 1) Materials used, 2) cheaper labor, 3) production quality, 4) functionality. Some of the chinese options (i.e. the $8K expandable homes from china have a worse quality, but they are also 40K cheaper than the boxable units, so the tradeoff depends on the use case. On another hand, I have also seen great units for ~25K shipped that have very good quality, but need a little bit more work to get them assembled and hooked up (~1 week of work for 2 workers). These units also give you more options to customize the units. So it really depends on the use case. I am currently working on a more comprehensive Boxabl overview from the investor side and the customer/user side, so watch out for that being published in the coming days/weeks. Hope that answers your question
@MrTimtheTechie
@MrTimtheTechie Жыл бұрын
There is a huge difference between a Boxable & the Tiny homes from China. For one, China does not have the safety regulations that US built homes have so you can't just put them anywhere here and in other countries with stricter Reg's as you must have approval from your local town & city. Also there can be major safety concerns if you don't perform a thorough review of the materials used, whether it's Boxable or China, you get what you pay for....
@saikiran-wx3fv
@saikiran-wx3fv 9 ай бұрын
Could you please let us know what process you followed for analyzing startups?
@atyourservicemobilenotaryl7143
@atyourservicemobilenotaryl7143 Жыл бұрын
Excellent video. Thanks for sharing. I would like to know the name of the manufacturers in China who sells these foldable "homes" for $8K per unit. I am interested in finding out the price of shipping to the US. Thanks.
@MoeLueker
@MoeLueker Жыл бұрын
Hi, thank you. I am glad you found the video to be helpful. There are multiple options out there. I found a few manufacturers through Alibaba and general internet search. The shipping costs is around 5-10k to the west coast for a 40ft HQ which fits 2 units. So if you buy 2 units, the shipping cost comes down to 2.5-5k per house.
@__WJK__
@__WJK__ Жыл бұрын
Agree, can’t wait to see how the $8k tiny homes look and if they come fully furnished(?) Will also be interesting to see what the shipping and import taxes are going to cost.
@alexj1188
@alexj1188 Жыл бұрын
Won't I need a land,foundation cost,plumbing cost ,electrical cost etc Before I can Put the 50k house somewhere? So 50k for house and the rest so is about400k in total or more? Is it cheaper
@MoeLueker
@MoeLueker Жыл бұрын
That is a great observation, you are right. It will cost a bunch to install these beyond the 50k. I don't know how much that is... Getting zoning for these as standalone units is difficult, so its best suited for people who already own a home and property so they can install them as ADUs, but even then there are lots of costs associated with installing them. (probably less than 400k if you already own the property), but not insignificant.
@alexj1188
@alexj1188 Жыл бұрын
@Moe Lueker yes there more than just buying the units.
@saaarahc
@saaarahc Жыл бұрын
Wow! That’s crazy, definitely good to know before investing 😲
@MoeLueker
@MoeLueker Жыл бұрын
Thank you.
@feeling4929
@feeling4929 Жыл бұрын
Much appreciated!
@MoeLueker
@MoeLueker Жыл бұрын
glad it was helpful
@stevebradshaw6717
@stevebradshaw6717 Жыл бұрын
What is the Chinese company you compared the Boxable model to that charges only $8k
@MoeLueker
@MoeLueker Жыл бұрын
There are a couple of manufacturers that I found on Alibaba.
@marcoolea715
@marcoolea715 Жыл бұрын
You earned a sub fs 👍🏽
@MoeLueker
@MoeLueker Жыл бұрын
Thanks so much, greatly appreciated. More content to come :)
@tarzan62
@tarzan62 9 ай бұрын
Hey Moe what is the name and number or website for Chineses company ?
@ray2005
@ray2005 Жыл бұрын
Love the video. I got into start engine as a way to find and learn investment opportunities. Boxabl caught my eye but the further I looked into it, the less savory the offering got. When I looked at their audit report attached to the offering sec filing, the latest audit report showed they have zero revenue, and there was a going concern issue which doesn’t help a billion dollar valuation. When I asked about an earnings report timeline and expressed concerns about financials shown so far, their owner didn’t really address my issues and even went far to use the phrase “a no brainer.” Looking at the discussion panel, it looked like a full hype train, and not to mention ppl getting ecstatic over a Elon musk tweet. Ntm comments have remarks towards there “being haters”. It just felt like some reality tv show and I felt the offering at the moment was no where near satisfactory until more concrete information and performance comes out. For anyone looking at crowdfunding, DO THE RESEARCH.
@MoeLueker
@MoeLueker Жыл бұрын
Hi Ray, glad you liked the video, thanks for sharing your feedback. Glad you are doing research before making an informed investment decision, that is wise. I share some of the concerns you mentioned. I want the company to succeed since I really like this space, but the high valuation discouraged me too based on the financials and points listed in the video. But you bring up a good point, they are really good at making people excited about the product. But maybe that could be a good thing? If they show the same level of work on execution and delivering the homes, they could pull it off. We will see. I will post another video with a more indepth analysis into their financials and other things I didn't mention in this video, so stay tuned.
@ray2005
@ray2005 Жыл бұрын
@@MoeLueker if had to elaborate the discussion board point, it felt like “if I was trying to invest and learn about a night club, the club promoters were the only ppl really answering questions” And you do bring up a great point for small cap and crowdfunding, the upper management is a great factor or strength for the company. I listen to a Spotify investment series called Motley Fool Money, and one segment was on small cap investing. The expert/experienced small cap investor mentions that one thing he looks for in potential investments is how the ceo or founder conducts themselves in interviews, letters to shareholders etc. He looked for ppl that kept to the same financial goals over the years, they don’t try to add some new financial accomplishment unless it’s in line with what they are trying to accomplish, and if the letters were not boiler plate.
@MoeLueker
@MoeLueker Жыл бұрын
@@ray2005 That is an excellent analogy! I totally agree, it is always helpful to listen to both sides of the story. And the podcast is right, management is super important for all companies, especially for small cap ventures. Thanks for sharing your thought.
@ray2005
@ray2005 Жыл бұрын
@@MoeLueker fyi Boxabl just started another campaign on start engine, if you look at the sec filings, the new offering includes new financials for years ending December 2021. There are revenues reported this time around.
@MoeLueker
@MoeLueker Жыл бұрын
@@ray2005 Awesome, thanks for the heads up, I will check it out!
@tylerwilcox7449
@tylerwilcox7449 Жыл бұрын
Thx you for the info
@MoeLueker
@MoeLueker Жыл бұрын
Thank you, hope it was helpful
@fullofrandomnesss
@fullofrandomnesss Жыл бұрын
How’d you contact manufactures in China, and were they willing to sell to you? I am very interested in purchasing something like this and buying a good piece of land.
@MoeLueker
@MoeLueker Жыл бұрын
I emailed them and messaged them on platforms like Alibaba. I’ve ordered 2 and will likely make a video on it, so stay tuned :)
@fullofrandomnesss
@fullofrandomnesss Жыл бұрын
@@MoeLueker Thank you so much for replying! I can’t wait for that video! I really think these things are life changing.
@yumicrisostomo3094
@yumicrisostomo3094 Жыл бұрын
Oh- please do an analysis on the ones from China vs the Boxable etc. Thank you for your video.
@MoeLueker
@MoeLueker Жыл бұрын
Hi Yumi, I just ordered 2 homes and will do a video on them later this year once they are installed. Besides that, I am working on a more comprehensive video about boxabl and their competitors from the investor and user perspective so stay tuned for that. :) Thanks for your comment
@Outofitallo
@Outofitallo Жыл бұрын
Wished I saw this video before investing. Good presentation
@MoeLueker
@MoeLueker Жыл бұрын
Thank you
@MoeLueker
@MoeLueker Жыл бұрын
Just to clarify, It doesn't mean that it was a bad investment, there is still the chance that the company will be super successful and grow a lot. It just didn't fit my personal risk/reward profile.
@joshiakash28
@joshiakash28 Жыл бұрын
All this is in their new disclosures. I am not worried about the employee case but % royalty (on sale cost) concerns. The company makes money or not - owners WILL. They seem to have shielded themselves... investment is in manufacturing and supply chain (operations) as technology doesn't belong to the company!
@DavidMcFarner
@DavidMcFarner Жыл бұрын
@@MoeLueker That’s not what your video suggested.
@brianaltmann613
@brianaltmann613 2 ай бұрын
Do you want to sell your shares?
@Worthyguan1
@Worthyguan1 Жыл бұрын
It's better to finance a Boxable home first before deciding to invest it. Don't get overconfident with the investment. Don't get too comfortable with homes made in China. Their quality will suffer a lot due to intellectual property theft. I figure that they are trying to build another factory to accelerate the production process, paying their staff, and other expense situations. Homes near my area are too overpriced. That's why I plan to finance the boxable home to get out of my old apartment.
@MoeLueker
@MoeLueker Жыл бұрын
Hi, thanks for sharing your thoughts. Let me know how it goes when you get your Boxabl set up :)
@christopherwang5892
@christopherwang5892 Жыл бұрын
Great video! Something I felt was missing: More elaboration on the financials, assets and liabilities, P/E ratios, perhaps more than the use of one ratio, just a more macroeconomic view in general!
@MoeLueker
@MoeLueker Жыл бұрын
Hi Christopher, Thanks for your feedback, greatly appreciated! Glad you would like to here more about the macroeconomic view and dig deeper into financials. I wasn't able to cover that/fit it in to my 10 minute video. But I will add it to a longer video that goes more in depth. Appreciate your feedback
@jonnyo9975
@jonnyo9975 Жыл бұрын
Great insights.
@MoeLueker
@MoeLueker Жыл бұрын
Thank you, glad it was helpful
@PunditKING
@PunditKING Жыл бұрын
I would like to see test on the homes, how insulated it is from sound, heat and cold. Not just hearing it "can" "possibly is", show it.
@MoeLueker
@MoeLueker Жыл бұрын
I agree with that 100%. Looking forward to seeing that too
@ryanreacts6
@ryanreacts6 Жыл бұрын
What is the one for 8K
@cetriyasArtnComicsChannel
@cetriyasArtnComicsChannel Жыл бұрын
you can just get a regular modular home, and you still have to deal with getting permits and setting foundation. Sadly, its only good for say quick addition to a home but don't see even most single people like this, not because its too small, but simply not a great use/flexible layout
@MoeLueker
@MoeLueker Жыл бұрын
Thanks so much for your commment. I agree with you, it is mainly thought of as an ADU, but they market it as a stand alone unit? Idk, maybe this is the future of housing, maybe just an overvalued company, we will see
@unc3yogaburpeesupport64
@unc3yogaburpeesupport64 Жыл бұрын
that was what i was thinking, but the founder said they DONT need a foundation? like really, and then i read that, they catergorized these "homes" as RVs? is that why they don't need a foundation, it's just so weird all the way around..
@freddyhayes9069
@freddyhayes9069 Жыл бұрын
This is an excellent analysis. Thanks for sharing the information and keep making these videos!
@MoeLueker
@MoeLueker Жыл бұрын
Thanks, will do!
@musings2022
@musings2022 Жыл бұрын
Thank you.
@alissamejia2743
@alissamejia2743 Жыл бұрын
Moe, you also missed the fact that these homes are 13' tall when packed up for shipping. Add the deck height of any flat shipping trailer to that number for the total shipping height. The legal load height on most highways in the US is 13'6"-14'. Any height above that requires a special permit and an escort car (wide load signs, etc). Boxabl never mentions the shipping height in any of their videos, they only mention that they are within the legal width to ship. Also note that the only shipping trucks seen in their videos are large, heavy equipment trucks with a special "lowboy" type trailer called a "double drop", designed for hauling huge heavy equipment like bulldozers and earth movers. Most "double drop" trailers have a deck height of 18"-24". It will be very, very expensive to ship these homes, along with the limits on where these trucks and trailers can deliver one of these casitas.
@MoeLueker
@MoeLueker Жыл бұрын
Hi Alissa, thanks for making me aware of this. I hadn't considered this, but thats a good point that I will look into deeper. Boxabl lists on their website that "A rough budget might be $3-$10/mile from Las Vegas." So for places near vegas, shipping wont be that expensive. For Places on the california coast, it will be around 1600-5600. I am not a logistics expert; the National Private Truck Council (NPTC) says the average trucking cost per mile in the U.S. for private fleets is $2.90. So the Boxabl listed $3-$10/Mile might be higher than average to account for taller than average shipping height? What do you think?
@wyne8727
@wyne8727 Жыл бұрын
I'm a truck driver picked up boxabl in Nevada delivered to Florida Port. It was legal the box dimension is 20'x8'x12'.
@MoeLueker
@MoeLueker Жыл бұрын
@@wyne8727 Hi, wyne, thanks for sharing and confirming this with first hand experience.
@MoeLueker
@MoeLueker Жыл бұрын
​@@AndiGrant Hi, thanks for confirming this. I will try to join the Next AMA/QAs
@wyne8727
@wyne8727 Жыл бұрын
@@AndiGrant for the record I'm pulling RGN trailer some call it lowboy.
@mhustc
@mhustc Жыл бұрын
Do a do deeper dive what break it down to the share price
@the4thj
@the4thj Жыл бұрын
IF (BIG if), they could get the price to low or keep it around 50K it might be worth it, (my house 3b 1,195sqf 1995 =93K now 2022 325K), so here is where I see the value. But that all needs to be lock stepped in that price. A friend informed me about this, I am still giving it thought but I feel the things you point out make my case for not investing, I live in Las Vegas, I gamble very little because I don't like to lose.
@MoeLueker
@MoeLueker Жыл бұрын
Glad it was informative. I am not trying to discourage people from investing in Boxabl, they might (and hopefully will be) successful. I just want to show another perspective from all the Boxabl hype content. And yes, they might be able to be significantly cheaper than other options, but that still needs to be proven on scale.
@davidmaloney3587
@davidmaloney3587 Жыл бұрын
Great insight! Definitely too early to predict the future of this company but I’m still going to choose Boxabl for the “high risk” portion of my investments. Thank you for pointing out the relationship between Papa Tiramani owning all the patents through “Installed Building Products Inc.” I’ll be keeping my eye on that. It appears that Elon Musk is in no way invested in Boxabl in any official capacity, it does however appear that Solar City and Boxabl are considering a potential partnership as the Casitas are often advertised as coming with a Tesla Powerwall and Solar City panels. If the is weren’t true in some capacity, Elon would be suing them by now. Lastly, while the numbers are mostly fluff until they can fulfill the orders, they do have an immense number of orders which means they are successfully taking over the mental real estate of the majority of the “small home” shoppers. Thanks again for your insight!
@MoeLueker
@MoeLueker Жыл бұрын
Thank you so much for your input. I am glad you are aware of the risks involved but also do your own independent research and made an informed investment decision. Thank you for your input on the above points as well. 👍🏼 I’m making a more in-depth video on the company, so stay tuned for that 😃
@PunditKING
@PunditKING Жыл бұрын
3 year later, how ppl got scammed by boxabl you tube videos. Just like the tunnel tesla thing a ma jig.
@benjiebarker
@benjiebarker Жыл бұрын
could i buy a boxabl unit today? when would it arrive?
@MoeLueker
@MoeLueker Жыл бұрын
You can get on the waitlist, but it’s unclear how long it would take them to deliver! Maybe 1 year maybe 5 or more years? I don’t know
@TRILLYRG
@TRILLYRG Жыл бұрын
I’m sure they can add subscription based options for utilities and it may not be ideally priced for a worldwide business but it will be impactful in bigger cities. Being able to have the home delivered is 85% hassle free even if it’s not the biggest home. Most of the people living cities with higher populations downsize their homes anyway. Every investment is a risk but I’m definitely going to invest. Great video though!
@MoeLueker
@MoeLueker Жыл бұрын
Thanks Trilly, that is an interesting idea. Adding a subscription business could give Boxabl more sustained revenues but the question is what the value add will be. With regards to downsizing, I think you are right, some people are looking to downsize. But not sure if that is the majority of people. I am working on a more comprehensive video about boxabl from the investor and user perspective so stay tuned for that. :) Thanks for your comment
@thegreenmatrix5070
@thegreenmatrix5070 Жыл бұрын
Very helpful video! Thank you. There’s definitely something going on in the background revolving this company, they barely make any information public
@MoeLueker
@MoeLueker Жыл бұрын
Glad it was helpful! Yes, I just wanted to show another perspective from all the hype content.
@__WJK__
@__WJK__ Жыл бұрын
@@MoeLueker - BOXABL “hype content”(?) What “hype content” exactly…?…
@joyluckgp
@joyluckgp Жыл бұрын
Probably a good idea to help solve homelessness problem in the US! But couldn't figure it out how the homeless will have a job (if it's located in an inexpensive piece of land or rural, non-suburban area) and able to pay the ongoing expenses.
@MoeLueker
@MoeLueker Жыл бұрын
Yes, I agree with you.
@travisrandolph2199
@travisrandolph2199 6 ай бұрын
Yes, dig deeper, most of the information you exposed, i agreed with. I'm following you, young man. You have the knowledge, energy, and resources to dig deeper. Please stay at it. I'm architect and licensed contractor, and I can build at $100.00 sf. Fully furnished. Considering their technology, they should be able to do the same. The big difference is labor cost. Not including shipping from overseas and related expenses like insurance.
@MoeLueker
@MoeLueker 3 ай бұрын
Thanks for your feedback. Appreciate your insights.
@yvetteh2509
@yvetteh2509 Жыл бұрын
Can you provide more analysis on this company to sustain the $50Kl?
@MoeLueker
@MoeLueker Жыл бұрын
Hi, Yvette, I am currently working on a more comprehensive video about boxabl from the investor and user perspective so stay tuned for that. :) Thanks for your comment
@andreww1212
@andreww1212 Жыл бұрын
I definitely agree with the unit analysis. I thought the same thing as an engineer. The actual unit is nice but where are these to be placed? Certainly not in major cities where land is hard to come by and there are zoning restrictions and permitting restrictions. So those major markets are pretty much out. I only see a developer buying multiple units and placing them on a large piece of land outside of major cities like a suburban community. That is an extremely small market. Maybe some clients overseas will use these as an affordable housing solution in some third world country but that is doubtful. I can't see many individuals going out and buying their own and going through the rigor of getting them setup with utilities, permitting and land. I think most people are banking on developers and big corporations being the primary client to purchase in volume. We're not talking a regular consumer product or even automobiles here.
@MoeLueker
@MoeLueker Жыл бұрын
Hi there, thanks for your feedback! Yes, I agree with you. I think the primary market is the California accessory dwelling unit (ADU) market. I agree with you that major cities will be difficult for these units as land is scarce and zoning is super tough (i know people who tried to get permitting for them as stand alone units in Northern and SoCal and they were denied). But i think zoning for ADU could work. As to developments: maybe that could be there solution alongside with ADUs, but is the market big enough to support a $3B current valuation and room to grow into a 10-30B company? I guess we will have to wait and see. Hope it works out for them, would be great to bring down the cost of housing.
@unc3yogaburpeesupport64
@unc3yogaburpeesupport64 Жыл бұрын
i was thinking same thing, most cities won't have these, and how will a regular joe get all the permits and contractors in line to get electricity, water, sewer and etc ..that a lot of money..who has time for that?
@elizmonroe5368
@elizmonroe5368 Жыл бұрын
I invested in them early last year. Assessing the investment recently and making a call to them and an additional call to their former governance platform about my investment ...I agree with you. There are red flags. Good luck with your channel. It has solid value. I like the comments on this thread also.
@MoeLueker
@MoeLueker Жыл бұрын
Hi Eliz, thanks for your comment,. Hope your investment goes well, sorry that my personal opinion of the crowdfund investment is a "no-invest" but it might turn out alright? And thanks about the channel. Might do an updated boxabl video when I find the time.
@unc3yogaburpeesupport64
@unc3yogaburpeesupport64 Жыл бұрын
i know close people that have invested in them and asked me to look into it, the more i researched the more i am unsure. some folks have had their order for their tiny house for 3 years! really, and why is there virtually no videos of any home owners of these homes? and they are worth how much???
@brianaltmann613
@brianaltmann613 2 ай бұрын
Are you still interested in selling your shares?
@LechuzaSoul
@LechuzaSoul Жыл бұрын
Holy Ground Tiny Homes please review? I just found your page and I’m about to invest in boxable
@LechuzaSoul
@LechuzaSoul Жыл бұрын
Also subscribed. I’m interested 🙏
@MoeLueker
@MoeLueker Жыл бұрын
Hi, I'll check them out and might make a video on them. Also, feel free to invest in Boxabl if you feel like it is a good investment. :)
@MoeLueker
@MoeLueker Жыл бұрын
Thanks, glad you liked the content.
@LechuzaSoul
@LechuzaSoul Жыл бұрын
@@MoeLueker thank appreciate that brotha! I been wanting buy a tiny home from them they look great in my opinion! Hope all is well! 🙏
@gman_78
@gman_78 Жыл бұрын
100% agree
@karrots4595
@karrots4595 Жыл бұрын
Honestly amazing, keep making these pls.
@MoeLueker
@MoeLueker Жыл бұрын
Thanks, what other companies are you interested in?
@AndiGrant
@AndiGrant Жыл бұрын
As for elaboration on financials, there will now be public filings so we will see more reports. The first 6 months of 2023 I don’t see much happening as they buy equipment and fill the new factory 2, but by 3rd and 4th quarter, I think there will be a lot of people kicking themselves who didn’t do their own research.
@MoeLueker
@MoeLueker Жыл бұрын
Did they go public? I did not see that they have an IPO. What is their ticker symbol and where can we get the quarterly reports? Looking forward to looking more into their updated numbers.
@AndiGrant
@AndiGrant Жыл бұрын
@@MoeLueker I just reconfirmed, Boxabl is still private company but now has to file publicly because of the number of individual shareholders.👍🏽 ETA: I edited original comment so as not to cause confusion.
@AndiGrant
@AndiGrant Жыл бұрын
@@MoeLueker Also videos are now being released of their 2-story, 3 bedroom with entertainment deck at the International Builders show that was held in Vegas this week. It’s awesome!
@tylerwilcox7449
@tylerwilcox7449 Жыл бұрын
Could you make a vid on azure 3D homes
@MoeLueker
@MoeLueker Жыл бұрын
I'll look into them and might do a video on them
@joebright229
@joebright229 Жыл бұрын
Thanks for waking me up from an almost bad nightmare.
@MoeLueker
@MoeLueker Жыл бұрын
Anytime, happy the video was helpful. Let me know what other companies you're having your eye on, and I might make a video on them too.
@Joeyzaproblem1
@Joeyzaproblem1 Жыл бұрын
you should do research yourself, never just trust someone who says in my opinion!
@Mulesear
@Mulesear Жыл бұрын
It’ll either work or it won’t. Nothing is perfect at the beginning and if it works the price will drop over time. As far as an investment I myself will wait to see the hallmarks of what I use to determine a good investment before investing. I hope it works and will keep an eye on it. Good luck Boxabl!
@MoeLueker
@MoeLueker Жыл бұрын
Great point, 100% agree
@adamwhitney6748
@adamwhitney6748 Жыл бұрын
That IP setup sounds a little scammy. Good analysis. I'm not sure whether boxable has any competitive advantage, although it's a clever and catchy name.
@MoeLueker
@MoeLueker Жыл бұрын
Thanks for the feedback. They do have a catchy name and are working on a great problem, so I hope they will be able to succeed, but that still needs to be proven.
@MoeLueker
@MoeLueker Жыл бұрын
Hi, Andi, I see your points and justification. I also saw Paolo's comment when doing research but it is still not good enough for me to have a great intention. The way I interpreted the IP documents I read, the IP is licensed in perpetuity, but can be changed if both parties agree to it (and currently Paolo is the largest shareholder of both, so he could change it) I don't think he will and I am not saying that he will, i just thought it would be good for people to be aware of that. I liked your point on being attacked on the patent, I don't know too much about it but will do some research. Besides that, as already mentioend, I believe that Paolo should be rewarded for his work and his Patents, but he is also one of the majority shareholders of Boxabl, so if the company succeeds, he will succeed, either way, the patents should be part of the IP you buy when you invest in a $3B company in my opinion. In a sense, he is double dipping (great for him, not so much for investors). (This reminds me of when Adam Neumann trademarked the “WE” brand of WeWork and licensed it to the company of $6M…) Thanks you two for your thoughts
@sonstar6230
@sonstar6230 Жыл бұрын
Hello Can you do a review on fanbase
@MoeLueker
@MoeLueker Жыл бұрын
Thanks for your comment, sorry i only saw it now. Currently working on another project but I'm planning to make some other investment vides in the future.
@usafmjscott35
@usafmjscott35 Жыл бұрын
I agree with your assessment, as I read all the documentation (although I did not interview anyone) However - one thing I saw that I DON'T see on other pre-fabs: these units claim to be Hurricane Proof. This is very important for the state of Florida - and worth the extra cost of they truly are. I also saw the solar components are built in as well, which helps to make them green. Any comments on these 2 points?
@MoeLueker
@MoeLueker Жыл бұрын
Hi Mark, thank you for your comment and hope you found the video helpful. With regards to your questions: 1) The standard 8K units I mentioned in the video are not hurricane proof. However, i have worked with other Prefabricated home companies that sell homes for around 25-30K (shipped), that reinforce your units to your liking. I ordered units and had them be reinforced up to 156km/hr winds, making them hurricane proof for CAT1 and CAT2. 2) Solar components can also be added to other units I looked at. This could either be purchased right away or be added to the units later on (just like with a regular house/roof). Hope this answers your quesitons. I am working on a more comprehensive video about boxabl from the investor and user perspective so stay tuned for that. :) Thanks for your comment
@pierreking51
@pierreking51 Жыл бұрын
2:47 yea it’s $8k but what does it cost to ship it to the us? What’s material comparison, and the longevity of said materials? Looks like you need to do more research
@MoeLueker
@MoeLueker Жыл бұрын
The cost to ship 2 units to the west coast US is 6K (the cost of a 40ft container). The materials are similar to boxable's. The interior appliances are worse, but besides that, the build quality is not much worse. Thanks for your comment though
@trender100
@trender100 Жыл бұрын
Moe, you are doing a great job with your videos! They provide a real service. Thanks
@MoeLueker
@MoeLueker Жыл бұрын
Glad you like them! Much appreciated!
@princedarius7224
@princedarius7224 Жыл бұрын
Question: Has ANYONE EVER seen EVEN 1 Home delivered?
@kakashimoto9916
@kakashimoto9916 Жыл бұрын
I believe they're waitlisted rn per their website.
@MoeLueker
@MoeLueker Жыл бұрын
Not that I know of besides their initial government deal, but I haven't heard testimonials of that either.
@jape4082
@jape4082 Жыл бұрын
Great video, but there's one more question; how does Boxabl's product or service actually differentiate from competitors? Have they designed a superior design or found better materials than others? Do they deliver the box faster than other companies?
@MoeLueker
@MoeLueker Жыл бұрын
Excellent question. I might address that in a future video
@jakejakeman4591
@jakejakeman4591 6 ай бұрын
I personal think their design is far superior. Their idea has solved a lot of problems with housing. Here’s some big accomplishments. 1. Transportability: it folds up to avoid oversized load shipping and saves potential thousands in costs. 2. Production line: It allows housing to become industrialized like the car industry. They are working with Porsche to create an automated assembly line. Their eventual goal is a house per minute just like a car manufacturer. 3. Lighting fast assembly: assuming you have foundation and utilities set, you could assemble, hook up, and start living in the boxabl same day. 4. Revolutionary wall design: the wall panels are made out of eps foam laminated between some kind of concrete board I believe making it a fantastic insulator, fire resistant, water proof, and many others. It’s also strong enough to stack five high. No other company compares to any of these points.
@rossetti1313
@rossetti1313 Жыл бұрын
I really want to invest, but not at a 3b eval thats ridiclous. There's a statstic out there which is insane but something like most IPO's crash right after public launch because they were way over valued. Of course every company is going to over value themselves. Look at Rivian. I think once the dust settles and a the market determines the true evaluation, it will be a fantastic time to invest.
@MoeLueker
@MoeLueker Жыл бұрын
Hi Cameron, thanks for your input. I agree with you one these points. Thanks for watching
@user-qo4sn1dq4v
@user-qo4sn1dq4v Жыл бұрын
These guys keep talking a big game but they've been talking the big game for close to 10 years and how many individuals have these in their backyard?? What in the hell's going on with getting these manufactured? Why can't they get money? If they're so revolutionary the money should be flowing in copiously
@MoeLueker
@MoeLueker Жыл бұрын
Yeah, I’m wondering about that too
@bobbobby5541
@bobbobby5541 Жыл бұрын
I clicked on this because I'm looking for different sides of the argument but there's a lot of redundant statements. Just get to the point. Also, this doesn't address the convenience of having your home completely set up within the week (considering utilities) or the flexibility of adding more sqft easily in the future. This price point is comparable to the homes in my area (UT) including land and utilities if you really dig and compare new to old and cost of renting while waiting for your home to be built.
@MoeLueker
@MoeLueker Жыл бұрын
Thanks for your feedback Bob.
@user-qo4sn1dq4v
@user-qo4sn1dq4v Жыл бұрын
Well I agree with your cost analytics to a good extent,. You might want to check into the cost of building a casita. As a civil engineer I can tell you it will not be cheap. If they can hold this to 50K they'll be able to sell these, but who knows how much it cost for them to make it
@MoeLueker
@MoeLueker Жыл бұрын
Hi, thanks for your feedback. I think you are correct, it will not be cheap. Boxabl claims that the COGS (cost of good sold) is around $30k, giving them a 40% profit margin. But I can dig deeper to see if I can find out more specific information. Stay tuned :)
@salonso24
@salonso24 Жыл бұрын
That is the problem. They don’t share information, because the business is not to sell houses, the business is just play with speculations to attract shareholders and in one point go away. You can’t trust in Giuliano and dad, come on!! I’m civil engineer. They are just dirty players!! The other…. What about franchises?? I saw a video where Paolo Tiramasi said they can do a house every 90 min, and other where one of the workers said they are doing in average 2 houses per day…. They are lyers!!!
@unc3yogaburpeesupport64
@unc3yogaburpeesupport64 Жыл бұрын
$60k now and they can't even ship any to consumers.. only like 100+ to govt.
@leonmilner9994
@leonmilner9994 Жыл бұрын
This is why I invested in Tesla AFTER they went through production hell with the Model 3... If you can't buy the product - and it's already a $3 Billion valuation - why the HELL would you invest in it? Ppl like Elon happen a few times per generation - Paolo and Galiano have a lot of work to do to prove they are in that league. I definitely buy into the vision - but as they say - 1% inspiration - 99% perspiration! Would love to see more coverage of it - I feel like lots of uninformed investors are at risk with this one..
@MoeLueker
@MoeLueker Жыл бұрын
Thanks Leon, I am on the same page. I really want them to pull this off but it requires a ton of work, and the valuation is already at 3B... I am making a more in-depth video this week about the company that covers many things I didn't have time for in this short vid. Stay tuned and thanks for your comment.
@leonmilner9994
@leonmilner9994 Жыл бұрын
@@MoeLueker Right on!
@mmp3770
@mmp3770 9 ай бұрын
Since this video was released 11 months ago Boxabl has acquired Build IP LLC and 60 of its patents, would you now consider it to be a lower risk IPO? Thoughts?
@user-rq3vt4kg4o
@user-rq3vt4kg4o Жыл бұрын
No real homes yet were installed to the any real buyer. It's like a pyramid or scam.
@MoeLueker
@MoeLueker Жыл бұрын
Yeah, wondering on their progress
@HeavyGroundswell
@HeavyGroundswell Жыл бұрын
Another good analysis! Keep them coming!
@vazocy6823
@vazocy6823 Жыл бұрын
Here are some positive points.. 1) The resevation list is over 120,000 long and growing. Multiply that times $50K. 2) Elon Musk owns one..ha ha... 3) On paced to produce 1 home every 90 minutes. Vision to produce 1 home every minutes. 4) 10K plus investors already. 5) Boxabl followers are growing at an exponential rate.
@MoeLueker
@MoeLueker Жыл бұрын
Hi there, those are good points, thanks for your thoughts. If they can convert the reservations, that would be great and definitely prove the product market fit. The production rate will be great, that would help if the demand for the casitas is there.
@MoeLueker
@MoeLueker Жыл бұрын
Yeah, i am very curious to see how production goes, see the demand, and feedback from customers.
@bellaluce7088
@bellaluce7088 Жыл бұрын
re: "1) The resevation list is over 120,000 long and growing. Multiply that times $50K." $50K is the (current) retail cost of a Casita. Retail cost is not the same as profit. Until they actually have the large-scale automated factory manufacturing that's part of their business model (and is not easy to fund, create, or maintain), $50K for a hand-built tiny house like that made in the U.S. could actually be a loss leader.
@bellaluce7088
@bellaluce7088 Жыл бұрын
re: 3) On paced to produce 1 home every 90 minutes. Vision to produce 1 home every minutes. "On pace" implies a publicly disclosed, credible date they expect to be able to produce 1 home every 90 minutes. Could you share a (reputable) source for that if you have it? Boxabl's own documents say they don't have the money to buy the automated machinery their fast-production business model is based on. 1 home a minute is absurd, and another sign that Facts don't seem to be a priority for this company, IMO.
@bellaluce7088
@bellaluce7088 Жыл бұрын
@@AndiGrant May I ask: are you paid by Boxabl, either directly or indirectly? I see you writing favorably about them on quite a lot of videos.
@daviscl22
@daviscl22 Жыл бұрын
What companies would you invest in?
@MoeLueker
@MoeLueker Жыл бұрын
Hi Christopher, I don't like to give investment advice since I am not a Registered financial advisor, I just share my opinions on companies.
@JC-rp6sp
@JC-rp6sp Жыл бұрын
Well on base value, you’re correct why would you buy a boxabl for $50,000 in the US when you can just buy a tiny home for $8000 in China that’s similar? Well think about this too, why buy an iPhone made in the US, when you can just get something that looks similar to an iPhone in China? Just because the price is lower, doesn’t mean it’s always better. I guarantee China has different rules and regulations on the standards of building a house compared to the US. Also, imagine shipping it to the US and how much that would cost. Most of the things you listed were at face value, deterring people from investing in the company while you invest. Honestly a smart move and I applaud you if that’s actually what you’re doing 😂
@MoeLueker
@MoeLueker Жыл бұрын
Hi JC, thanks for the comment. Yes, some chinese products are cheap, but China can also produce great product. For example from your argument: Iphones are made in china :) Your second point: China has different rules and regulations, but I contacted some of the factories and they build the units based on US standards as that is one of their main markets. Shipping costs ~6000 USD to Long Beach (LA) for houses. And I did not invest in the company, I am just trying to share some of my research and thoughts with other people.
@vazocy6823
@vazocy6823 Жыл бұрын
Good thing DR Horton, the country's largest home builder didn't see your analysis, because they just invested a few millions with Boxabl. LOL. You can still invest. Just do it.
@MoeLueker
@MoeLueker Жыл бұрын
Hi VazoC, thanks for bringing that up, I will address that in a future video. By any chance, do you know how much they invested in boxable and what the source was? I wasn't able to find an exact amount.
@MoeLueker
@MoeLueker Жыл бұрын
Hi again Andi, thanks for you comment, Love the Yellow Cab of housing analogy! 😁
@vazocy6823
@vazocy6823 Жыл бұрын
@@MoeLueker Here is an interview with one of the founder of Boxabl. kzfaq.info/get/bejne/idpdoNmYr8zRZok.html
@bellaluce7088
@bellaluce7088 Жыл бұрын
"Just do it" is the investment advice of con artists. - DR Horton and DoD's investments are indeed marks in favor of Boxabl. But an interesting idea & clever marketing are only two of MANY things required to go from a startup to their vision of a franchise-based, global, high-speed automated factory producer of low-cost, transportable buildings. Until they solve their automation problems (among others), they are basically a larger-than-average tiny house manufacturer with big dreams. And I personally find their over-promise and UNDER-deliver business practices extremely worrying, along with their misrepresentation of an implied affiliation with Elon Musk that their own materials say is not true. I've been burned before by charismatic founders with great ideas but poor business skills and ethics, so no matter what D.R. Horton does, this is still a hard no for me.
@Gibryan
@Gibryan Жыл бұрын
The fact that the amount and valuation was undisclosed should tell you something. It means they don't want it out or else all the others who bought in at an absurb valuation might wake up.
@MrTimtheTechie
@MrTimtheTechie Жыл бұрын
I respect the work put into this vid but if people wait for a videos recommending what to invest in, then we are in a very sad place. Every year hundreds of millions of folks play lotto, go to Vegas & play on betting apps. Spending thousand after thousand just for the thrill of it. I've invested all my life and won far more than I've lost by spreading out investments. Some of the best have been gut calls others were profitable due to corruption & lobbyists, which can factor in heavily. Bottom line, if you manage your earnings properly you won't live or die by any single investment. The only thing to fear is FEAR
@MoeLueker
@MoeLueker Жыл бұрын
Thanks for your comment. I agree with you, some people invest for the thrill, but I usually like to know more about the companies I invest in. But you are right, just manage your earnings and if you want to invest for fun and thrill you can do that with money ppl can afford to lose
@chunckyfreshnut
@chunckyfreshnut Жыл бұрын
How about aptera
@MoeLueker
@MoeLueker Жыл бұрын
I haven’t checked them out yet
@PressHBCA
@PressHBCA Жыл бұрын
True more expensive than China, but imagine the shipping from China, then the shipping to site cost? Plus the idea that you have the manufacture here in the US. Try getting a straight answer from China. For a single buyer this purchase should only be made with discretionary income, basically a luxury item. The pricing is best suited for city governments to address the affordable housing crisis. They have the land already, they have everything at their disposal to complete a small community within their city and create a new source of revenue.
@MoeLueker
@MoeLueker Жыл бұрын
Thanks for your comment. The shipping to Long Beach (LA) is 6K for 2 units. And the additional logistics depends on your logistics provider (but similar cost to Boxable's shipping costs), but its closer if you live in CA or near the coast. And I agree its a good luxury item for people who already have a house and property.
@hadislerlehadiseler.5915
@hadislerlehadiseler.5915 Жыл бұрын
its a future of housing
@mauimade71romero33
@mauimade71romero33 Жыл бұрын
So you talking about investing in the company. But how about buying a home. You make it sound like the home is not worth it. Since you have all this knowledge solve this for me how do I buy a home in Hawaii. Lived here all my life I see monster homes with 5 families living there. How do I get my own home in Hawaii
@MoeLueker
@MoeLueker Жыл бұрын
Good point, those two things definitely need to be distinguished. I’ve been thinking about making a more in-depth video if there is enough interest from people.
@MoeLueker
@MoeLueker Жыл бұрын
I’ve lived in hawaii for multiple years too, so I’m very familiar with the housing problem there too
@josefkhayat4875
@josefkhayat4875 Жыл бұрын
Please investigate Rentberry
@MoeLueker
@MoeLueker Жыл бұрын
Hi there, glad you found this video helpful. I already created a video on rentberry. You can check it out here: kzfaq.info/get/bejne/jK5hqsJjv66dkWg.html&ab_channel=MoeLueker Let me know what you think in the comments :)
@MoeLueker
@MoeLueker Жыл бұрын
What did you think of the rentberry video?
@Simonsaysboxing
@Simonsaysboxing Жыл бұрын
I already have the land. Next to my house..
@MoeLueker
@MoeLueker Жыл бұрын
That’s great. If you live in a place where zoning for ADUs is allowed, this could be a good option for you
@OVOSOUND007
@OVOSOUND007 Жыл бұрын
Wrong. In the Canadian housing market, in Toronto, the avg price home is 1.07m. With boxabl, even spending 300k on land and other stuff, it’s still more worth it for millennials than to get a more traditional house.
@MoeLueker
@MoeLueker Жыл бұрын
Yes, in developed cities, housing prices have exploded recently. But do you know the zoning laws in the GTA and if Boxables are allowed to be used as standalone houses?
@MrTimtheTechie
@MrTimtheTechie Жыл бұрын
Yeah, same here in the US. In states like Florida, Texas, Atlanta, California & New Mexico. You are at an advantage as there are existing communities support these types of homes now. I've already purchased a land lot in Palm Springs California and will be placing the Casita on a concrete foundation. I can't tell you how insanely high the cost would have been to buy an existing home or build a new home near Indian Wells.
@jiti5034
@jiti5034 Жыл бұрын
A fundamental question on Demand.... In USA or in most OECD countries the cot of housing is mainly Land cost.... no matter what the block size .. so even if the BOX house cost is low where is the cheap land? are people who have large block allowed to sort of subdivide and build and such houses? Also such public fund raising doe sit not require SEC scrutiny?
@MoeLueker
@MoeLueker Жыл бұрын
Thanks for your thoughts. I agree that most of the housing cost is land. But we can't blame Boxabl for that. Nevertheless, it is still an issue that has not yet been solved. And with regards to the offering, it is partially regulated by the SEC, but crowdfunding has been legalized since 2012 with Obama's jobs act. The regulatory hurdle is lower than IPO but still requieres some filings and a third party audit
@jiti5034
@jiti5034 Жыл бұрын
​@@MoeLueker Not blaming the company just trying to understand where the demand is if Land cost is a big component ? what town planning restrictions are? how utilities work? ON SEC is the third part audit easily available?
@clips8813
@clips8813 Жыл бұрын
with Elon musk's name attached to this, which is guaranteed to spread eyeballs and their futuristic mobile homes as well as the opportunity to expand world wide, this might be the next big thing, in the home market industry. obviously there are issues in terms of their public data and technical financial economics, this could easily go either way! good video
@antdx316
@antdx316 Жыл бұрын
How did Elon Musk Boxabls house work?
@MoeLueker
@MoeLueker Жыл бұрын
Hi Anthony, to my knowledge, Elon hasn't announced that him or tesla are planning to sell prefab homes. As to whether he owns one, yes, it is confirmed that he bought a Boxabl home. I remember reading that hee doesn't use it as his primary residence and instead lives in a
@mflury454
@mflury454 Жыл бұрын
Thank you for your investigation. Most of us Independent investors can spend the time you put into it.
@MoeLueker
@MoeLueker Жыл бұрын
Hi Michael, glad it was helpful. I will be working on more company reviews in the coming days/weeks, so stay tuned 👍🏽😁
@economywatch
@economywatch Жыл бұрын
Bro do you even own land? This is a game changer, especially for wildfire and hurricane victims. Just a RV cost 50k, do the REAL MATH
@jerseycowboy1
@jerseycowboy1 Жыл бұрын
You need to go back and do your homework... I'm a truck driver who has hauled these units from the manufacturing plant in Nevada.. they are legal loads and only 12 ft high. Once you unfold it will be higher.
@MoeLueker
@MoeLueker Жыл бұрын
Hi, great to hear that, thanks for sharing that info. Yeah, that's what I thought, thanks for clarifying.
@speedfreaklife2136
@speedfreaklife2136 Жыл бұрын
What type of truck and trailer did you haul these on? A double drop lowboy behind a heavy duty big rig meant to haul a 30,000 pound piece of earth moving equipment? If these cannot be hauled on a gooseneck flat deck trailer behind a 1 ton pickup truck the shipping costs will not be competitive and there are a limited amount of trucks to haul them on, not too mention the fact that alot of homesites will not be accessible by a large semi and heavy equipment trailer. The unboxed casita may be 12' high, but it doesn't ride on the asphalt. Any trailer with a deck height greater than 18" will cause issues in half the country. The homes delivered to the port in Florida were sold to the government, and everyone knows they could care less what the shipping costs were lol.
@charlielanda5140
@charlielanda5140 5 ай бұрын
Thanks for sharing this. I'm leaving the video. Now I don't trust anything he says lol
@TruCunt
@TruCunt 6 ай бұрын
They aren’t worth 3 billion 😂😂😂 they aren’t selling anything 😂.
@MoeLueker
@MoeLueker 3 ай бұрын
Curious to hear from anyone who has gotten a unit.
@TruCunt
@TruCunt 3 ай бұрын
@@MoeLueker Elon musk but even when they tried selling to him again he refused. They aren’t up to code to sell to anyone
@MoeLueker
@MoeLueker 3 ай бұрын
Yeah, they milked the Elon story pretty hard lol @@TruCunt
@TruCunt
@TruCunt 3 ай бұрын
@@MoeLueker lol
@AndiGrant
@AndiGrant Жыл бұрын
I no longer see my original comment. Its sad to think that there will be many people who aren’t going to do their own homework on Boxabl and will miss out on an awesome investment opportunity because of this video. They built hundreds of casitas. They have also already built their 2nd factory built within 18 months of going live of Factory 1 with new million dollar automation equipment. Anyone can go down and personally see for themselves. Also in 2 days they will be showcasing their 2-3 bedroom with deck unit at the Int’l Builders Show in Vegas. This video will not hold up well in 2 years time. Someone will have to create a montage of all of the naysayers 2 years from now.
@MoeLueker
@MoeLueker Жыл бұрын
I don't see your original comment either! I tried sorting by date (since you were one of the earlier comments), but I don't see it either. Maybe it was reported and taken down by youtube? Your comment was well researched and had good arguments, so I don't know why it would be taken down... Cool, looking forward to checking out the 2-3 bedroom with deck.
@AndiGrant
@AndiGrant Жыл бұрын
@@MoeLueker Also that would be TWICE my detailed ones have been removed. Looks like quite a few of the early rebuttal ones were.
@screenplayhouse4932
@screenplayhouse4932 Жыл бұрын
Did you miss anything? One thing: Vegas. A lot of criminals built Vegas. Vegas is the definition of appearance over substance.
@MoeLueker
@MoeLueker Жыл бұрын
Thanks for the comment. I don't know too much about that haha
@lonewolf82007
@lonewolf82007 Жыл бұрын
Well you can say what you want, but I personally think its a sound idea at a time when housing is very short... as for whose going to buy and where, i see these as being able to go almost anywhere and theres no reason why fully assembled and customized outside siding and finishing wouldn't make them multizoned. Furthermore, they do in fact, have many uses for the govt and states to use and utilize as fema type homes and emergency housing... with the number of people buying tiny homes and off grid homes they have many potential customers. They have already gotten storm ratings for several states in regards to hurricanes and tornadoes... no, maybe not in most major cities, but these could easily fit into many suburban settings unless the restrictions are tight such as gated and exclusive upscale communities where these wouldn't even be considered. Personally, I see it as a great investment that will one day pay off handsomely! Only time will tell on this... we will have to see who is right and if the ones scared off by a video like this were educated properly or mislead... time will tell... personally, I bought some shares... with the housing shortage and price on homes, people paying more than homes are even worth just to get property, I see this as a time and idea that is right... time will tell...
@isthisme-ct9fe
@isthisme-ct9fe Жыл бұрын
He's the only one who has a negative view of this company..
@MoeLueker
@MoeLueker Жыл бұрын
Hi there, thanks for your feedback. I don’t necessarily think badly of the company, my comments relate the the investment opportunity and are in relation to the companies feedback. :) what is your opinion on it?
@PGSharpe
@PGSharpe Жыл бұрын
😁
@antiquarian1773
@antiquarian1773 Жыл бұрын
I doubt we will see these in major cities in USA, they could be purchased by businesses or wealthier people to add value to their property, but the fact that people even think this is a solution to affordable housing has lost their touch with reality. Most people who struggle with housing do not own land, so obtaining this knocks them out of the market. and putting them in a studio-box on a 30 year mortgage isn't the solution.
@MoeLueker
@MoeLueker Жыл бұрын
Thanks for your comment, I agree with you.
@BigLui2909
@BigLui2909 Жыл бұрын
You're missing alot. You'll need to really do a cost analysis across the board
@karenromero1703
@karenromero1703 Жыл бұрын
No garage either
@MoeLueker
@MoeLueker Жыл бұрын
Haha you could by a second boxabl and put your car in it
@hadislerlehadiseler.5915
@hadislerlehadiseler.5915 Жыл бұрын
You right good thing i didnt invest in 10000
@odderret
@odderret Жыл бұрын
Please link source material. I'm interested, but cannot consider this truth without footnotes with links. Thank you for making.
@MoeLueker
@MoeLueker Жыл бұрын
Hi Joseph, Thanks for the feedback. I am currently working on a longer video and will make sure to include all sources in the comments. Thanks for the comment.
@CSLintheCASINO
@CSLintheCASINO 5 ай бұрын
💯 This exposed EVERYTHING I’ve suspected about Boxabl
@MoeLueker
@MoeLueker 3 ай бұрын
Glad it was helpful.
@samtx5518
@samtx5518 Жыл бұрын
Oh hell no! Where is the oversight…just say’n
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