Tiny Houses (Idea #50)

This is like an apartment complex, but much trendier than that. I was inspired on this idea by my friend Bryan's video share about people who live in 100 square foot houses. It was originally a Gizmodo post, if you want to check it out.

The thing is, single people can live in tiny houses. On top of that, it can be a bit of a novelty to live in a really small place. My thought is to build these in college towns very close to each other, and then put a common area in the middle where people can barbecue, sit by a swimming pool, have parties, etc.

It's not dorms. It's not an apartment complex. It is your own house. I think it offers something new. I think it appeals to an off-the-grid type of person as well.

So let's say it costs $30,000 per tiny house. You buy 2 acres of land, build 20 of these houses, and common areas. You've spent $600,000 on houses and whatever the land costs. So you're paying $6,000 per month on your debt maybe, but you're renting 20 houses. So you charge $400 per house, and clear $2,000 per month.

The key is making it look amazing. You have to make it look completely unique so that people just drive to see it because it is a novelty.

Below are some photos from google to give you an idea of the vision.