Quitting Our Jobs with One Income Property! (ft. Robuilt)
30K views · Nov 9, 2021 · Education
Comments · 60
@Robuilt · 4 years ago · pinned
Lol what! Bro this is so good. I unsubbed just so I could smash that subscribe button all over again.<br><br>I love what you had to say about permitting. This is the big differentiator between a cash-flowing business and a business that builds equity. It's also something I've learned the hard way over the past year. <br><br>Moving forward, any project I ever take on will be FULL-ON permitted from head-to-toe. Here's why: You can't sell a non-permitted project. But the moment you get your beautiful permit and you establish a cash-flowing machine, then you can sell your business at a very favorable cap rate. The permits on my first project fell apart and retroactively permitting something is so, so much harder. Ultimately though, I'm glad to have learned things the hard way. We don't become experts from everything going right after all, right?<br><br>I'm currently working on permitting 4 glamping developments across the country. Some of them easy, some of them...not so much. It's hard work, but it'll be worth it in about a year's time. And it'll be REALLY worth it when I sell them in a couple of years.
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@wzeng02 · 3 years ago
Love the last advice - you learn by doing your first deal.
@melissamckenna6994 · 4 years ago
Both of you have inspired me to start my own glamping business. I m currently looking for land in my area. I already own one home I Airbnb and I’m putting an a-frame in the backyard this coming year. Can’t wait for both your courses on glamping to open!
2
@alanhernandez3459 · 4 years ago
Idk why, but I found Robuilt's channel first about a year ago. Now, no disrespect to him, but your content was way more evolved and you've had your head in this game for way longer. I think youtube Gods are just with him. But anytime anyone mentions Robuilt in social media. I do always remind them about The Andrew Kai! Keep at it!<br><br>Thanks for all the amazing info you've provided!
1
@TheAdVentureists · 4 years ago
This is a great point to get people thinking about, especially with unique structures and glamping. Skipping permitting is the equivalent of tripping over dollars (Equity) to pick up pennies (Cash Flow) and it's almost the center of what we've been trying to educate folks about on our channel! You will be thanking yourself down the road for doing it right from the beginning and thinking long term.
3
@katrinagay7283 · 4 years ago
LOVED this! I've been watching you guys for months and just bought my first (of many more to come 💯🤜🤛) tiny home last month! Thank you both so much! And let's get this money (and freedom) shall we 😁😉😎
2
@gojereme · 4 years ago
One of your best videos, Kai! Great quality info and production!
3
@luisramos8031 · 4 years ago
Loved this video guys. In 3 weeks I’m going to start my first Airbnb
2
@angelamilliken2992 · 4 years ago
Great content!
@avelinalindawan6218 · 3 years ago
Great info
@rafaelellis-rech6950 · 4 years ago
Quit my 9-5 two months ago! Cash flow is king baby! That’s just for me right now while I’m supporting myself from the income! Down the line that will flip for sure!
@brandweiser · 3 years ago
Great video
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