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Real Estate Investing with Coach Carson

#306: Airbnb gave her $100k to build rental house shaped like a flower pot

Real Estate Investing with Coach Carson

Chad Carson

Investing, Business

4.9613 Ratings

🗓️ 28 August 2023

⏱️ 60 minutes

🧾️ Download transcript

Summary

Episode #306 – What would go well with a flower farm? A giant flower pot-shaped house of course! See how Whitney won $100K from Airbnb to build her impossible idea.

🔗 Show Notes:

https://www.coachcarson.com/flowerpotairbnb/

🔗 Links:

🎬 Timestamps:

0:00 - Completing a flower farm

1:23 - Paid $30K debt in 10 months

2:56 - A Geodome start

7:32 - Idea for the Flower Pot House

11:02 - Demand of unique houses

14:02 - Challenges of unique houses

18:53 - Decided on location

23:00 - Flower Pot design

25:12 - Finding contractors

28:13 - Framing the circular pot

33:49 - Interior decorations

37:38 - Soul of the flower pot

41:50 - Purchase & rental numbers

53:31 - Finish date estimate

56:18 - Stay in touch

--------------------------
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💰 DealMachine – Software to help you buy more real estate deals:  https://www.coachcarson.com/dealmachine 

Transcript

Click on a timestamp to play from that location

0:00.0

We were going for a walk one night trying to figure out, like, what would go with the flower farm? Dude, what if we did a massive flower pot? That would be so cool. I jokingly submitted this idea. We won $100,000 to help us fund this build. And of course, my mom's on board, of course. But at first, it was like, oh, why did you submit this idea with my land?

0:21.4

And I'm like, I don't know.

0:22.6

Like I messed up.

0:23.4

I'm sorry.

0:32.5

Welcome to the real estate investing podcast with Coach Carson.

0:35.6

I'm your host, Chad Carson.

0:37.1

You can also call me

0:37.8

Coach Carson, and this is a show to help you get out of the financial grind so you can do more

0:41.6

of what matters. And I am super excited today. This is a fun episode. They're all fun, but this is

0:46.7

particularly fun because I have my friend Whitney Hanson here with me, and we are going to talk about

0:51.3

the Idaho Flower Pot House, which is the most unique idea I've

0:56.4

ever seen for an Airbnb house. And we're going to get into it. We're going to talk about the numbers.

1:00.8

We're going to talk about the story, the construction, which is ongoing. But first of all,

1:05.1

let me just welcome Whitney. Thank you for being here.

1:07.3

Thanks, Chad. I'm so excited to hang out with you.

1:09.8

Yeah, me too. And we've known each other. We have been in an online mastermind for creators. Whitney has the podcast called The Money Nerds podcast, which is an amazing show. You should check it out. I'll have a link to it and the podcast notes and on YouTube. But I want just for other people who don't know you as well, Whitney, I want to get into the house and your current project.

1:28.7

But first, let's give a little background about you just professionally and also about your Airbnb experience before you got to this point.

1:35.9

Yeah.

1:36.0

So what I do full time is I'm a financial coach and podcast host.

1:40.2

And so my journey to getting into that career was my background was in public accounting.

1:45.9

I did that for a couple of years.

1:47.2

Learned very quickly that the cube life was not for me.

...

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