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How I Turned 5 Acres in Hawaii into a $1.6M Cash Cow

  Рет қаралды 35,785

Kai Andrew

Kai Andrew

Күн бұрын

Пікірлер: 55
@KaiAndrew
@KaiAndrew Жыл бұрын
Join my free live 'Creating Unique Rentals' workshop 6/24/23 at 10am PST. Register here. shorturl.at/aEGHT
@floridian3757
@floridian3757 Жыл бұрын
Kai, you don't go inside somebody beautiful investment and step on their carpets and/or rugs with your shoes on, the same shoes you used to walk outside around in the dirt. That is a BIG NO NO !!!
@Alex-nt1tu
@Alex-nt1tu Жыл бұрын
Always love your content,I'm currently 17 and I can't wait to buy my first property and start my journey.
@gabrielkurio3714
@gabrielkurio3714 2 ай бұрын
Thanks for finding you my brother, watching here from Solomon Islands, Thanks for the unique ideas or learning ❤
@KenJee_ds
@KenJee_ds Жыл бұрын
Just found your channel today, super interesting! I actually live in Hawaii, and was interesting that they didn't talk at all about permitting. Would love to understand more about how that all works since the laws are VERY confusing here. Great stuff, will be watching more videos!
@YouMadWildForThatTho
@YouMadWildForThatTho Жыл бұрын
Yo I landed a Corporate Data Analyst job cause of you and some other content creators, just wanted to say thank you and wassup homie!
@KenJee_ds
@KenJee_ds Жыл бұрын
@@YouMadWildForThatTho YO!! Congrats on the job!
@raez7155
@raez7155 8 ай бұрын
I found this video interesting too, but I do not believe this structure is legally permitted nor that they are running their Airbnb legally. Correct me if I'm wrong. I also live on the island and it doesn't seem like this is feasible for most people.
@bzagata5060
@bzagata5060 10 ай бұрын
What’s the average temperature inside the dome? No A/C right? Many locations on the island won’t permit more than one home on the property. I’m curious how they managed the permit process....
@sisleah8452
@sisleah8452 Жыл бұрын
Wow. That’s beautiful. I apologize, I just have to say your videos haven’t swayed me one bit. I love it. I can’t wait.
@dandanishere1
@dandanishere1 10 ай бұрын
Im really curious where they found a 12,000 dollar dome and im glad to see them doing so well
@KaiAndrew
@KaiAndrew 10 ай бұрын
They bought it used from a neighbor!
@tylerwhite4959
@tylerwhite4959 10 ай бұрын
You can get or build jigs to cut all of the bracing yourself. There are also companies that just supply the connection points. The dome itself can be finished several ways... I've seen a woman who had sewn her own.
@Khanfuzed1
@Khanfuzed1 8 ай бұрын
Yeah I’m seeing these run about 20-25k
@JasonBrenizer
@JasonBrenizer 11 ай бұрын
I’d look at COCR after expenses, so that’d be $1500 profit per month x 12 months / $90K = 20%
@OHANA-Beach-Suites
@OHANA-Beach-Suites 11 ай бұрын
Kai, love this video and info and Hawaii of course. I'm taking notes. Thanks!
@KaiAndrew
@KaiAndrew 11 ай бұрын
Awesome! Thank you!
@shanotare4878
@shanotare4878 Жыл бұрын
Yeah, we’re not fans of cutting trees either (which is why we’re still holding out on those few you mentioned). We’re putting a master plan together to get it slowly but all the way landscaped out. So many ideas with Kai and this land hacking group. 🤙🏽
@jessealfonzo6032
@jessealfonzo6032 Жыл бұрын
What a great episode! Love the story of creating a life by design! So empowering! Love the tent!!! Who makes that? Thanks again Kai for always bringing the value!! 🤠👍
@SketchbookStudioo
@SketchbookStudioo Жыл бұрын
under rated channel! Nice work Kai!
@wayfarer16
@wayfarer16 Жыл бұрын
always inspired with your vid kai motivates me.. thank you !
@simplylifeau
@simplylifeau Жыл бұрын
Thanks for sharing the story…👍
@TheSavvyCouple
@TheSavvyCouple 7 ай бұрын
Always love your videos brother. So well done and so much value
@denvernow7294
@denvernow7294 Жыл бұрын
I'm usually not one for cutting down trees, but those couple of trees in direct view of the ocean are hideous and would have to go. I'd completely open up the view and plant more monstera and giant pothos plants in the periphery. The property is amazing but isn't landscaped correctly.
@OMPrograms
@OMPrograms Жыл бұрын
I absolutely love your content!
@Ivanachuljakcribb
@Ivanachuljakcribb Жыл бұрын
How much is 5 acres in Kona ???
@Kurio71
@Kurio71 6 ай бұрын
Hawaii is crazy expensive
@RM-cm8hz
@RM-cm8hz Жыл бұрын
You cannot buy land in Hawaii unless you have lived there for 3 years. Hawaii has a TON of crazy laws.
@TheGrassman12
@TheGrassman12 Жыл бұрын
This is such false information
@shanotare4878
@shanotare4878 Жыл бұрын
Your’re right…Hawaii DOES have a ton of crazy laws, and as a native resident, it’s unfortunate that this is not true. Anyone can buy property here without any type of residency required. 😔
@eventconsultants7010
@eventconsultants7010 Жыл бұрын
And more places should have them. In my opinion pricing locals oout the market is terrible. This has happened in my neck of the woods. A balance must be struck. Luckily, my gran and father purchased and passed down land and property to us. When I think about my colleagues and friends having to purchase land and build from scratch, I shudder. Before they wake up average land is USD125,000. Exclusive areas upwards of triple that for 10,000sqft. To build out is around USD200 per sqft in the lesser antilles, Caribbean. 1USD=EC2.7169.
@pilot41186
@pilot41186 Жыл бұрын
Ur a tool hawaii is a state and as a citizen I can buy if I want to
@RM-cm8hz
@RM-cm8hz Жыл бұрын
@@shanotare4878 not LAND. Guaranteed a google search will prove this.
@kfbob364
@kfbob364 7 ай бұрын
The cable railing doesn’t meet code. A 4” sphere can’t pass between the cable. Cables should be space about 3.5 inches apart to account for flex of the cable. A final inspection would have caught this easily. I am fixing that right away, lawsuit waiting to happen.
@nickyweav5820
@nickyweav5820 Жыл бұрын
You came to nz !? If you want to look anywhere around Waikato let me know happy to JV . I’m a project manager client side . I’ve built my family’s retirement village in the past . But I really want to start off my own with more like minded people . Let me know mate .
@mont5584
@mont5584 Жыл бұрын
So, I will have to afford living in Hawaii for 3 yrs. before I can build???
@scottwood6003
@scottwood6003 10 ай бұрын
Just so you know, we typically recommend a liquid budget of at least 40k from our new members, as we have found that to be a good starting point to get involved in land hacking, depending on the area, whether or not you already own land, & whether you plan to do a lot of the work yourself or hire it out. Our top priority is to ensure the success of our students in their land hacking ventures & we believe that starts with a sufficient budget.
@mont5584
@mont5584 Жыл бұрын
How much for the land per acre?
@nataliachartier6986
@nataliachartier6986 11 ай бұрын
What company would you recommend to buy a geodesic dome for hawaii? I could find this info
@LivinglifeRVstyle
@LivinglifeRVstyle Жыл бұрын
Kai love your content was wondering if you could talk to me about my 112 acre property
@eventconsultants7010
@eventconsultants7010 Жыл бұрын
Did I miss where they purchased the dome?
@Matt----
@Matt---- Жыл бұрын
I am curious about this too
@shanotare4878
@shanotare4878 Жыл бұрын
We were on track to order with Pacific Domes and by a strike of luck found someone who was ON ISLAND selling this dome, brand new still in the box because he bought the wrong size (too big) and it wouldn’t fit his property. 😊
@marc-xn8tu
@marc-xn8tu Жыл бұрын
Could have got a prefab tiny house with built in bathroom for the same cost or less…
@KaiAndrew
@KaiAndrew Жыл бұрын
Everybody is focused on price and not the market. Would you invest $300k into a 600 sq ft treehouse? You probably would not, because you’d want to buy a “normal” house instead. Well, that treehouse makes $200k-$250k/year while that normal house MIGHT make $20k. Knowing that, is would your answer still be the same?
@lukebullock6537
@lukebullock6537 Жыл бұрын
i like how your literally trying to make people rich with amazing videos and youve only got 460 likes
@Khanfuzed1
@Khanfuzed1 8 ай бұрын
Your math is ignoring a lot in the most optimistic way… theyre grossing 5k and paying a mortgage is not putting 5k in their pocket… i.e. not an 18 month payback cycle
@KaiAndrew
@KaiAndrew 8 ай бұрын
They live on the property with their children and had to pay a mortgage either way. It’s supplemental income and was not planned, so it’s all additional cash flows. But let’s play your game and take into account their mortgage: Their monthly cash flows are “only” $2000…feel better?
@Khanfuzed1
@Khanfuzed1 8 ай бұрын
it's not a game, it's just reality sir. You are favorably mischaracterizing the deal. Yes; that is a major difference. It changes things to an optomistic 4 year payback cycle COC assuming you pay no income taxes or capex... Though you will pay income taxes and capex. So probably closer to 5-6 years? (even though if we want to nitpick you were at 1500 cashflow in vid.) FWIW; Though less sexy, 5-6 year ROI is not bad. There's no reason to juice it unless you genuinely made a mistake or simply trying to generate course sales, IDK. Your response makes me feel even less like you're an honest presenter now..... All the best to the owners, good for them. @@KaiAndrew
@derekjustin09
@derekjustin09 Жыл бұрын
Bro, if you’re gonna come to Hawaii, wear some slippers… lol. vid editing is so clean
@J.Young808
@J.Young808 11 ай бұрын
Dude you are in Hawai’i, take off your shoes when you enter a house.
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