37: Cheaper, Faster, and Better for Investors: Modular Homes Make a Comeback w/Chris Anderson

On The Market

BiggerPockets

Investing, News, Education, Business

4.8 • 858 Ratings

🗓️ 23 September 2022

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

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Summary

Modular homes don’t have the same market sentiment that traditional housing does. For many people, the thought of building a home in a factory only comes with anxiety. Decades ago, modular homes were built using cheap materials with virtually zero energy efficiency. Now, thanks to companies like Vantem, you can buy modular homes almost indistinguishable from the one built on-site right next door. But, these two home builds operate on a much different budget. To go over all the fine details, Vantem’s CEO, Chris Anderson, joins us in this episode. He started building factory-finished homes after seeing how inefficient the modern-day homebuilding process was. With the help of an expert team, Vantem dramatically reduced not only material but labor costs when building these almost indestructible, massively energy-efficient homes. But modular homes seem to be the gift that keeps on giving. Even with a cheaper sales price, homeowners and landlords can see ridiculous cost savings over the life of their investment, with energy costs hitting rock bottom and environmental efficiency being so high that it’s almost unheard of. Whatever your preconceived notions were about modular homes, prepare to have them changed in this episode. In This Episode We Cover Massive time and cost savings from building modular vs. traditional homes Energy efficiency and why Vantem’s modular homes are net zero almost immediately after manufacturing The evolution of modular homes and why today’s builds beat regular rental properties Why lenders, local government, and insurance companies are so pro-modular home building How factory-built homes stay almost indestructible against natural disasters And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Find an Investor Friendly Agent in Your Area Dave’s BiggerPockets Profile Dave’s Instagram Kathy's BiggerPockets Profile Kathy's Instagram BiggerPockets Podcast 593 On The Market Podcast 29 Learn More About Modular Homes Will 3D Printed Houses Solve the US Housing Crisis? What are the Differences Between Manufactured, Modular, and Mobile Homes? Connect with Chris: Chris' website Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-37 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

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