December 19, 2025 • 39 mins
Check out my newsletter at https://TKOPOD.com and join my community at https://TKOwners.com
━
beehiiv is the newsletter platform I’ve used for over a year and a half because their data shows you exactly what’s working. Get 30% off three months at beehiiv.com/chris
━
In this episode, I walk through dozens of real, practical ways to turn unwanted land into cash flow. I talk about how land that looks ugly, rural, or overlooked can actually become a serious income engine if you think about it differently. From renting out raw land for camping, parking equipment, or RVs, to placing sheds, tiny homes, or storage containers, I break down how people are making money without overcomplicating things.
I also share ideas around subdividing land, master leases, portable self storage, tree farms, firewood, pallet businesses, sheds, sports courts, and even some weird but surprisingly profitable niches most people never consider. The big theme of this episode is optionality. Once you own land, especially land no one else wants, you suddenly unlock dozens of ways to monetize it.
The goal here is to show that you do not need perfect property, massive capital, or years of experience to get started. You just need ideas, creativity, and the willingness to look at unwanted land as an opportunity instead of a problem.
Enjoy!
---
Watch this on YouTube instead here: tkopod.co/p-yt
Ask me a question on or off the show here: http://tkopod.co/p-ask
Learn more about me: http://tkopod.co/p-cjk
Learn about my company: http://tkopod.co/p-cof
Follow me on Twitter here: http://tkopod.co/p-x
Free weekly business ideas newsletter: http://tkopod.co/p-nl
Share this podcast: http://tkopod.co/p-all
Scrape small business data: http://tkopod.co/p-os
---
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
(00:00):
There is a million ways to make 1,000,000 bucks.
This is a business. That nobody talks about does
over $10 million in revenue. Guess what they do?
It rents out for 600 to $915 pernight.
With all all of these options I'm going over today.
There are no more excuses. So what if I told you that for
about $200 a month you could find some ugly, unwanted,
unloved land and turn it into a cash flowing machine that makes
(00:21):
you over $10,000 a month? Well, the only thing holding you
back from doing that are ideas. Well, that's what this episode
today is for, so let's go. If you live in the United
States, you need to look into what's called the USDA rural
development loan. This loan has no PMI, no
mortgage insurance, as in less fees.
And if your land or property is in a specific area, there's a
(00:45):
map online where you can look atall this.
If it's in an area and your credit is not terrible, it
doesn't have to be amazing, but if it's not terrible you can
qualify for 0% down for a government backed loan through
most legitimate banks. There are some restrictions.
One of the restrictions is you can only use it on raw land if
you plan to build a building or a piece of real estate on it.
I believe it does qualify for stick built homes, modular
(01:07):
homes, and manufactured homes. There are income limits but the
interest rates are even lower than FHA loans and if you want
only raw land and to never put anything on it, this will
unfortunately not work for you. I paid about $7200 for the shed
all in including delivery. It is 8 by 18 feet and it's not
just a shed. It also doubled as a she shed or
it can double as a tiny home thanks to new reality shows.
(01:28):
The cost of tiny homes are outrageous.
You can easily pay over $100,000for a tiny home, easily 50 to
$8200. Why?
Because of the framing, the factthat the seller positioned it as
a shed which you generally cannot monetize.
If you want to have a tiny home business and buy unwanted or
unloved land, put a tiny home ormultiple tiny homes on it and
(01:49):
rent it out. You should consider instead
buying a shed, either in a kit or fully built and delivered on
site as is. You could put a loft up top and
call it all in $20,000. You can rent it out for 500 to
$1000 a month. Make your money back in a couple
years. Whereas if you go buy a purpose
built tiny home, you're not going to make your money back
(02:09):
for a decade or more. It's really the same product
we're talking about four walls, a foundation and a roof.
It's just a different way of approaching starting a real
estate business or a tiny home business.
There are several websites that enable you to take quiet spots
and rent it out to tent campers,camp spot being the biggest.
Tender with two Rs Camp Space Harvest Host There's three to
five different peer-to-peer marketplaces that provide the
(02:32):
opportunity to rent out mere plots of dirt on your property
for 10 to $50 a night. You don't need hookups.
They're not expecting hookups. They're not expecting
electricity or plumbing or any of that.
They just want to go camping, usually with their kids.
I'm a customer of these websitesbecause I live in Texas and
there aren't a lot of state or national parks here
unfortunately. So we go out to other people's
private land and we have a greattime camping for about 20 bucks
(02:55):
a night. I had an in grand trampoline
installed recently. I paid way too much for it.
The trampoline itself was about $4000 but the install cost was
outrageous, $4500 for someone toroll up with an excavator, spend
half a day digging it out. They put some weed barrier down
some landscaping rocks. They installed a $50 water pump,
plugged it into the side of the house.
That way when it rains too much it'll pump all the water out.
(03:17):
Some mosquito larvae don't find a nice place to live, but
there's a huge opportunity for heavy equipment parking.
Right? If you have unwanted or unloved
land, it doesn't matter. Matter how rural it is, there
are business owners that need topark their trucks, their
excavators, their skid steers, you name it.
So the company that I hired to dig this thing out, they dig out
pools, they dig out trampolines,they level land for new home
(03:38):
construction. They need a place to park their
stuff. And you can charge between 80
and $250 per month per spot, 43,000 square feet in an acre.
And you can make 6 figures of income with truck parking and
their websites and that kind of act like the Airbnb for parking
lots and truck parking and semi trailer parking.
And you can use those to acquirecustomers in the state of Texas.
(03:59):
And every state has similar lawsto this.
If you buy a parcel that's more than 10 acres, you can get it
split up as long as each parcel is 10 point O1 acres or more.
You don't have to get it rezoned, you just need a new
survey. So I have a friend that goes out
to West TX. He'll buy a 500 acre plot.
As long as it has a lot of Rd. frontage.
He will split that up 50 times into 10 lots, making these
(04:22):
numbers up, but it's directionally correct.
Let's say he buys 500 acres for $500,000.
He splits it up into 50 units. He sells them for 20,000 each
and he makes $1,000,000 on his money.
He just pays a few $1000 for hissurveying cost.
That works all day in every state, some states more than
others. In Texas, if it's under 10
acres, then you got to go through all kinds of approvals.
(04:43):
You got to get septic at all kinds of other things.
But if you keep it at 10 point O1 acres or more than you can
still subdivide the land withouthaving to go through all that
rigmarole and you can sell it for a you should also look.
Into master lease agreements. It doesn't always apply to only
raw land, but I've used this on some RV park deals where let's
say you can't afford to buy the land cash, or you can't find a
(05:03):
loan, or you can't afford a downpayment.
You basically make lease payments to the owner, but all
of the cash flow over and above those lease payments go to you.
This is very similar to a lease purchase agreement in that it
enables you to lessen your risk before going all in on an asset
and then later on 1/3, five years down the line.
You have the option to purchase the property and or business on
(05:25):
the property at a predetermined price.
If it has been going well thus far, it's sure this You buy a
piece of land for let's say $100,000.
You find a used mobile home for $30,000.
You spend $5000 to get it hookedup and moved.
So you're all in the property, $135,000.
Now when you put the home and the land together, the Land's
(05:45):
worth over $200,000 because you're going through the
headache. You're adding value to the
property. Now it's a place where someone
can live. You're just putting two parties
together, the landowner and the homeowner.
You're putting them together andyou're adding value.
And one of my favorite business ideas period, and not just for
raw land, is that of portable self storage.
I've got this friend on Twitter that did this in Canada.
(06:07):
What he did was find a three or four parcel of land that was on
a busy Rd. up in Canada and thenhe did a lease purchase
agreement. He said, hey, I want to put
portable self storage on this. I don't know if it's going to
work. Let me rent it for X amount per
month. And one year from now, let's sit
down and talk. And if it's working for me, I
will buy your property above your asking price.
If it's not going well for me, I'll pick up my portable self
(06:27):
storage containers. I'll take my ball and go home.
Guess what? It worked way better than he
ever imagined. Now he has is a six figure
business that's largely passive because he didn't have to break
ground lay foundation. He bought these portable self
storage containers on a flatbed truck.
They dropped him off. He did research on cube spot and
square foot and he found out that, you know, a 10 by 10 in my
area rents for 130 bucks a monthand he became fully booked
(06:50):
within six months. And now he's copy and pasting
this playbook all across the country.
I love this idea because A you can get loans on this equipment.
B Private investors are willing to finance the portable self
storage because they can always repo it if it doesn't go well.
And see, it's a perfect way to hedge your bets, minimize your
risk, own land, monetize land without having to come out of
(07:11):
pocket. 6 figures for a down payment.
All right, this is probably the least approachable, the least
affordable of all of these ideas.
But it's also probably the most profitable.
There's a trade off there. Build a freaking custom home on
it. I've had home on Airbnb before.
It rents out for 600 to $950 pernight.
That covers the monthly payment in about 6 rentals per month.
So I only need 20% occupancy to break even.
(07:33):
You list it on VRBO and Airbnb, and then you list it on Peer
Space, which is a website that enables photographers and
videographers who rent your space for photo shoots or for
filming movies or commercials. It's much cheaper for them to
rent something like this for a few hours than to rent a
professional studio, but it's just as good if not better in
many cases. Yes, it is very expensive to
build a custom home. When I had my house on Airbnb,
(07:55):
about 30% of my tenants used it for weddings.
And then I thought, how much do weddings even cost?
3000 to $6000 just for the venuefor half a day.
That would cover the monthly payment for the property in one
wedding. So what's stopping you from
listening on zolatheknot.com, WeddingWire, Airbnb, Verbo, Peer
Space, all the places? What would your monthly
(08:18):
occupancy percentage be when youtake all of those platforms and
combine them into one close to 100%?
What's? The word that didn't exist 10 or
15 years ago, That's all the rage today.
Barn dominiums. It was like 60 grand.
Today they're much more expensive.
Not trying to simplify this, butthese metal buildings in a box
are outrageously in demand rightnow for storage, for stuff like
(08:39):
pickleball, for barn dominiums, for wood shops, cabinetry, metal
shops, auto repair, auto body, you name it.
We have rented hours out to several different types of
business owners. It's 2100 square feet and it
rents for about 2500 to $3500 a month.
And you have covered air conditioned space like this.
Even if not air conditioned, even out in a rural area there
is demand for people to store stuff right?
(09:01):
People need to the store stuff. A company is paying us every
month to store some old electronics.
You can charge by the square foot, charge by the month.
You can store classic cars. We get requests for all kinds of
things to be stored there. One of my favorite businesses
that no one ever talks about aretree farms nurseries.
You can buy seedlings and plant them from seedlings or you can
buy seeds and plant the seeds. I love this business because
(09:22):
with patients come profits. A lot of trees just don't do
well from a seed or even from a seedling.
They require a lot of babying and they are likely to fail in
the 1st few months. Whereas live oaks, Schumart
oaks, pecan, cedar, Elm and Maple trees do really well from
a siege. Just consider the unit
economics. If you can basically have free
water or close to free water andor rely on rainfall if you live
(09:45):
in a rainy area, if you can wait, then you can sell them for
hundreds of dollars each. You can sell directly to retail
through Facebook Marketplace or through Facebook ads or you can
do wholesale. You drive around and you see all
these wholesalers, they're not planting from from scratch.
They're buying from people like you and I Generally speaking,
people with more land, more scale than what I'm referring to
here. But you can plant thousands of
(10:05):
trees on one acre, especially since they're just seedlings,
they're small. You can also do the same with
BlackBerry bushes, Grapevine, blueberries, etcetera.
Now you will have some upfront costs to this business.
Aside from the seeds or the seedlings.
You're going to have to pay for some irrigation, some tubing,
You might have to install a well.
Preferably you can find some unwanted, unloved land that
already has a well dug. But after your upfront costs are
(10:27):
in, there's nothing else. You just wait.
You just let Father Time do its magic.
Now this idea also comes with a lot of asterisks, but if you do
have an electrical panel with some empty space, you should
consider Bitcoin and or crypto mining.
I've been in this industry for awhile.
I've had years where I've done well and I've had years where
I've lost my shirt. So definitely 100% by beware.
Do your own research. You need a professional
(10:49):
electrician to hook it up. Generally speaking, your
everyday wall outlet is not going to cut it.
You got to look into things likehash rate, difficulty rate, the
price of Bitcoin, how many otherminers are mining at any given
time. But if certain things can align,
you can make really really good money mining Bitcoin and other
cryptocurrencies. Just beware of noise, heat and
space constraints. Now, you may have seen me post
content about this indoor pickleball club that I'm
(11:10):
launching. It's air conditioned.
We still have to tear out a room.
We've got to clean it. We've got to paint the floors.
I actually have a portable pickleball court that I'm going
to use to get the ball rolling before I spend way too much
money to paint these floors. But even in rural areas, there's
demand for indoor, air conditioned, weatherproof,
private pickleball play. People can come with their nerdy
pickleball friends and hang out,drink drinks, and we're actually
(11:33):
going to put a golf simulator inhere, cold plunge, A sauna, and
it's going to be a whole vibe. Now, of course, if you're too
rural, that's just not going to work.
I'm not too rural, so that will work for me.
So we live in the suburbs of Dallas, Fort Worth.
Youth sports is everything here and there are not enough places
for youth sports coaches to train their kids.
They can't go to the gyms because the gyms just don't want
(11:54):
them there. They don't know what to do with
them. They can't go to the schools
because the schools are usually practicing.
And so that leaves this gap in the market.
These coaches are paid between 40 and $200.00 an hour to do
private one-on-one and one to group tutoring sessions.
Softball, baseball, golf, tennis, pickleball, basketball,
especially basketball, football and baseball, the big three.
So my other project will be a full court pickleball court.
(12:15):
It's 70 by 30 feet and it will also be 1/2 court basketball
court. The fixed hoop will go right in
the middle. You're going to pay about 6 to
$8 per square foot for concrete,5 inch concrete.
There's rebar, it's got a vapor barrier.
It's good to go. This costs about $14,000.
After the fencing, which you don't have to have, it's just
nicer to have and the lighting and the hoop and everything, I'm
(12:35):
going to be all in this about $32,000.
If I were to have hired a general contractor to find all
the subcontractors, it would have cost about 50 to $60,000.
So one business is to be the general contractor, find the
subcontractors and build sport court.
You go look at Google trends forsport court searches.
They're booming right now. Or if you have some unwanted or
unloved land, you can build yourown sport court.
(12:57):
And if you build it, they will come.
If you use Facebook ads, they left that part out of the movie.
You can't be too rural for stufflike this.
You need parents that are obsessed with kids sport.
So big asterisk on this one. But if you live close enough to
human civilization, this could be an amazing business that can
pay you between 8 and 20,000 dollars a month based on your
membership fees or based on yourhourly fees that you're charging
(13:18):
directly to the tutors. I paid about 30 bucks for a
crepe Myrtle nine years ago, planted it.
It's nice and big now. And this is the gift that keeps
on giving because these shoots come up like once every month or
so. You get about 1/2 a dozen new
shoots now, as long as they're not connected to the trunk and
they're coming from the ground, you can transplant them into a
pot. You can be patient.
You can sell it for 30 to $300 years down the line, depending
(13:40):
on how big it gets. Now this next idea is pretty
random, but hear me out. So there's this hole in 1G
challenge in New Zealand. I posted about it a few times.
They give you $10,000 if you geta hole in one on a floating tee
that's about 80 yards out in a lake.
What I already did is I took 100bucks to a popular park where
kids are playing soccer. Held up a sign that said hey,
(14:00):
for $3 we'll give you one shot from 30 feet to get a hole in
one. For $5, we'll give you 3 shots.
If you win, you win $100. Less than 5% of people win.
It's extremely profitable. It's like a game of challenge
and I'm not going to lie, I was pretty be surprised to see how
much money this little. Hack made now, Especially if you
have a natural water source likea Doug Well.
What's stopping you from planting a fruit orchard and
(14:22):
selling the fruit to farm standsindividually through e-commerce?
Did you know the Peach Truck is a $100 million business selling
Peaches online? My friend Isaac French planted a
300 tree fruit orchard that provides 10s of thousands of
pounds of fruit to his communityin Central Texas every year.
I think he spent about $75,000 total for buying the trees, the
(14:42):
irrigation, the cement because he has sidewalks throughout.
What's stopping you from doing that?
You want to do your research on the varieties that work best in
your area or in your zone. You may need to cross pollinate
it sometimes, so do your own research, but orchards can can
actually be a lot more profitable than you might think.
There are two different websitesthat allow peer-to-peer EV
charging, plug share and EV match.
(15:03):
Furthermore, you can contract with Tesla to add supercharging
to a property. Of course they're only going to
want to add it to certain properties that are off of a
highway, etcetera. Lots of asterisk on this one.
Tesla will pay entirely for all of the Transformers and
equipment, but they won't allow you to monetize it directly.
As in you can't mark up the electricity.
Now if you do have a business, you can monetize the foot
traffic, but if you pay Tesla for the Transformers and all the
(15:26):
equipment, you can mark up the electricity directly if you add
solar or other renewable energy sources.
And letting electric car owners use your charger can add up
pretty fast. I love the pallet reclamation
business so I used to own a third party logistics company
called Send Eats. We would receive massive pallets
full of peanut butter and make up and you name it and we have
too many pallets. We weren't shipping out as many
(15:47):
pallets as we received. So I would post them on Facebook
Marketplace and just give them away.
I would try to sell them but it was hard.
I needed a reliable way to get rid of them because we ran out
of space every day in the warehouse.
And so if I sold it then I'd have to negotiate and haggle and
if I just gave it away, then it was much easier.
So I met all these business owners that owned pallet
reclamation businesses. They go to Facebook Marketplace
(16:09):
and Craigslist and to local businesses and warehouses and
they take pallets for free. They're providing A valuable
service because these businessesthat have dumpsters have to pay
hundreds of dollars a month to throw the stuff away.
They would much rather give it away.
It saves them money. They take the pallets for free.
They'll use a crowbar, a hammer,and they'll take it apart, their
disassemble it, they'll fix the broken boards, they'll make it
(16:29):
look nice, and then they will turn around and sell them them
for five to $12.00 each. So it's 100% gross profit
margin. Of course you got gas cost,
you've got delivery, you've got to put your time into it.
You've got to put boards into the broken ones.
But some businesses need a reliable supply because they are
shipping out more pallets than they're getting in.
Some businesses need a reliable way to offload them and they're
(16:50):
usually doing it for free because they don't want to be
spending all their time hagglingover a $2.00 pallet on Facebook
Marketplace. So there's a big business in
here. You build a book of business,
you go door to door, you cold call or your e-mail or your
text, you start asking around. You find a handful of businesses
that are consistently getting rid of pallets, or you just go
to homeowners that have an extrapallet or two can build stuff
out of them. I posted a video about a couple
(17:12):
that built a bar out of pallets and sold it for a lot of money
at Facebook Marketplace. They built a bar out of pallets
and rented out to weddings for hundreds of dollars per wedding.
There's so many things you can do with pallets and it's
something that you can get for free, but you need somewhere to
store it. How about on some unwanted or
unloved land? Knock on wood, there is actually
a portable pickleball. It weighs several 100 lbs.
(17:33):
Think of it like a wrestling mat, but a lot thinner.
It rolls out. It's got lines already on it.
You're going to see another video of me laying it out and
basically launching my business because it's impermanent.
I can prove demand for the product before I go.
All in and spend way too much money renovating, but it's kind
of cool that stuff like this exists.
So this photographer that we used rented this old classic VW
(17:53):
van and she saw her property andshe said, I would love to park
my van in your yard and have my clients come get their Christmas
card pictures taken. If you like, let me do that.
I'll give you your pictures for free this year.
That sounds like monetization. We said yes, we got our pictures
taken. I got a bunch of wisecrack jokes
from my friend who got the card and said, hey, you guys doing
all right because it looked likewe lived in a van.
But my point is, there are five different websites that enable
(18:16):
you to take your property, your real estate, your building, your
raw land, whatever. And as long as it's somewhat
scenic and you can make it scenic, you can add a wedding
arch, you can Add all kinds of things, as long as it's somewhat
scenic, you can rent out that space by the minute, the hour,
by the day, to photographer and to videographers.
Those five websites are Herespace, Gigster, Home Studio,
(18:37):
List, Scouty, and Avay AVVAY. Again, much like the side yard
car parking, what's stopping youfrom listing your property on
all of those websites? Optimizing with keyword rich
descriptions and professional pictures and just waiting for
the bookings to come in. If you buy a parcel of land for
$50,000, you can get a 30 year mortgage on that.
Your 30 year payment on that is going to be about two to $350.00
(18:59):
a month less than your car payment.
You can't tell me you can't at least cover that payment.
With all of these options I'm going over today.
There are no more excuses. You know what idea is booming
right now? Backyard restaurant,
neighborhood pop up. Three different types of pop ups
going on. Pizza oven pop ups where people
will buy this 500 to $1200 authentic Neapolitan style pizza
(19:21):
oven. They'll post to their local
Instagram, Facebook groups, Facebook marketplace,
neighborhood HOA groups, nextdoor.com and they'll get
people to place ahead of time their authentic pizza orders for
10 to $25 per pizza. And then the owner of the home
or property will make all the pizza in a day.
People will come pick it up, then mow him in advance and
(19:42):
he'll make 1000 bucks for an afternoon of making pizza.
The same is true with BBQ. Order your brisket ahead of
time, your pork butt, or stuff that you want to cook on a
Blackstone. All three of these cost between
500 and $1500. So with a relatively small
investment and the willingness to post online and to be willing
to sell things to your friends and family, you can make a
really good income cooking food.Which is great for foodies like
(20:05):
me that love cooking this stuff anyway.
So why not monetize it? And whoever said never monetize
your hobbies. They were wrong because if your
hobby is monetizing things, thenyou can never go wrong.
Multiple ideas in one here. I reached out to a bunch of tree
trimming companies in the area. One of them is mine.
Whenever they cut down a huge oak tree, they drop them off
here. Multiple reasons #1 firewood.
(20:25):
Remember, firewood sells for between 400 and $700.00 per
quart. So during the winter time, we
split it all with a hydraulic splitter.
We stack it up. I pay some high schoolers to do
it and it helps pay for their college.
This is just kind of a passion project.
It's nothing for me to really make a bunch of money on.
Right now is actually the perfect It's time to start
something and you guys know I'm always talking about starting
local newsletters. Local newsletters for your city,
(20:48):
job listings for your field, a weekly roundup for your hobby.
You know, just taking whatever you know and sharing it with
people who want to learn. This is one of the lowest risk
ways to build something that pays you over and over, and
Beehive is by far the easiest way to do it.
You can monetize and grow your subscribers with their built.
In AD network, you can sell digital products or paid
(21:09):
subscriptions. Directly to your audience.
And yes, they've even gotten AI website builder and a podcast
integration now. I've been using Beehive for two
years and I cannot recommend it enough.
It is not just a newsletter platform anymore, it is the
entire creator infrastructure. So don't wait for January.
Start now. Head to beehive.com/chris for
(21:32):
30% off your first three months.That's B EE HIIV.
Dot com slash Chris The other idea is actually assembling and
or building sheds on site since you need some land to do that
and selling them, selling them on Facebook marketplace.
What's the second fastest growing sport in the world right
now? Disc golf, not pickleball.
Disc golf. Is disc golf super profitable?
(21:54):
No, but it's cool. And here's the thing, people
will donate to you if you have adisc golf course or you can
charge. Most courses don't charge, you
can. What's stopping you?
It's cool, it's fun, it's unique.
If you build a good reputation for being a good disc golf
course, they actually have disc golf vending machines where you
can put a vending machine on your property and sell discs for
20 to 30 bucks a pop. Not my favorite business idea,
(22:15):
but I think there's a lot to be said for business ideas that are
just fun. I have 4 kids between the ages
of nine and 15. They come out here and play.
Not everything has to be a cash cow.
Never underestimate the power ofa good hardwood pecan tree,
otherwise known as a hardwood tree.
Oak trees are hardwood. Maple trees are hardwood.
The deciduous stuff, the pine, that's softwood.
Hardwood trees are much more valuable.
You can sell the firewood for 400 to $900 a cord depending on
(22:38):
the time of the year, depending on where you live.
And you can also sell all the hardwood to barbecue restaurants
or BBQ enthusiasts. You can fetch even more for it
as BBQ wood than you can as firewood.
I know this because I'm a BBQ enthusiast and I own a firewood
business Rented. You can only cut down a tree
once. But my point is, a piece of
unwanted or unloved land is worth more if it has mature
hardwoods on it. Oftentimes the seller or the
(22:59):
realtor don't know that. Is it significantly more?
2030% no, But it's marginally more, and it's something.
You've got shade, you've got something desirable.
I like trimming my trees. If I were to trim it then that
would provide a bunch of firewood and or BBQ smoking wood
that I could sell without havingto cut the whole thing down.
We hire what's called an Alaskansawmill or a portable sawmill.
(23:20):
This guy will come in. There are red oak logs and
they're very big. You can make end tables, you can
make coffee tables, You can make2 to 4 inch slabs out of them.
You stack them and you let them season for months or years at a
time. Then you can sell them by the
board foot to woodworkers, to wood enthusiasts.
They can turn them on a lathe orthey can make furniture out of
them. I have a bunch of cedar logs in
there, white oak, red oak, Live Oak.
(23:41):
You can actually make a lot of money from this wood if you pay
someone about 60 bucks an hour to come slice it all up for you
and then you just let it sit. Once it's seasoned, there's no
bugs in it, it's dried out, it'sdone warping.
You can sell it for a good bit. And the crazy thing is about all
of this, I'm not paying for thatone.
When you have land, unwanted or unloved land, you've got space
to store stuff like this. Remember, 1 acre is 43,000
(24:02):
square feet. It's a total win win situation
because these tree trimming companies, they have to pay the
dump to take this stuff. You don't have to pay me
anything. So they are more than happy to
bring it. And I'm very careful to tell
them I don't want your brush, I don't want your small stuff.
I don't want your mulch. I just want the big stuff, the
valuable stuff. And once again, you can sell
this stuff to barbecue smoking enthusiasts or to barbecue
restaurants as well. If you live in a warmer climate
(24:23):
like Texas and you're not able to sell it for more than a few
months of the year to people that need to heat their homes
and. You know you can even make money
from that empty unused space on the side of your house.
There are 6 different websites that will enable you to rent out
this otherwise unused space to people that need to park their
car, truck, boat, RV, etcetera. The six that I know of are truck
(24:43):
parking, clubneighbor.com, Spacer, Stowit, Curb, flip, and
Pavement. What's stopping you from listing
any spot on your unwanted, unloved land on all six of those
websites, optimizing it with professional pictures, keyword
rich description, and waiting for some bookings to come in?
Decomposed granite. It's literally crushed granite.
It's a little more expensive than gravel because it's red,
(25:04):
it's got a nice color, it compacts really well, and it
also grains and it also looks good.
So it's a good hybrid of those 3qualities.
What I learned in the process ofordering this DG was that if you
to buy directly from the quarries, you get it at a huge
discount. There's this company called
Living Earth. They have a bunch of locations
across Texas. I think they sell it for like 50
(25:26):
to $70 a yard, a cubic yard. But if you buy directly from the
quarry in Oklahoma, it's about $20 a yard.
So what you can do is you can use Reppler or Lindy to make a
lead format. You can push paid ads to it and
just play middleman. Basically, you're drop shipping,
decompose granite, or you can buy it, store it on your
unwanted, unloved property and then just resell it.
People can come pick it up. This is a business that people
(25:47):
don't think of, but this is a product that people are using on
a daily basis. In case you haven't already
heard, I have a private community called TK Owners, TK
owners.com, There's over 500 people in there, some
entrepreneurs, some entrepreneurs, and they're doing
stuff like this. They're starting businesses on
raw, unwanted land. So if you want some help, some
hand holding, some support for almost no money, very little
(26:08):
like the price of a cup of coffee per day, then come join
us at tkowners.com and you can cancel anytime.
Now as much as my wife loves watching me split firewood by
hand, I get tired. A man gets tired, right?
So I paid 1500 bucks for the 27 ton hydraulic splitter.
About six months ago I posted a video all about my firewood
business and you can see me using this.
It's so fun to use. You put the login if you pull
(26:30):
the lever and it just splits it cleanly in half.
This is a great investment if you can't find enough customers.
As a firewood business, you can rent this thing out for about 80
to $90.00 a day on Facebook marketplace because people cut
down trees. They want to convert it into
firewood that they have no need to buy a $1500 splitter.
So they'll rent it for you for 80 to 160 bucks and do it
themselves. Also, when you have land, you
(26:51):
got plenty of space to store stuff like this.
You would not believe the unit economics of the septic tank
business. How many people out there in
high school said, I want to growup and own a septic tank
business? Literally no one's ever said
that they're incredibly profitable.
It's dirty, it's unsexy, nobody wants to get into it.
But the net profit margins are 20 to 40% because no one wants
(27:12):
to get into it. All I wanted to do was add a
simple bathroom to my shop and they all said, Nope, you need a
new system. 15,000 dollars, $15,000.
Why are they telling me that? Because they can, because
they're in the driver's seat, because there's much more demand
than supply. So the take away here start or
buy a septic tank repair or installation business all over
Texas and the United States and the world.
(27:32):
There are properties that need to be mulched, that need to be
raised because they're building things or they're clearing land.
There is a big business between playing middleman between the
forestry mulchers, the land clears, the tree trimming
companies and the people that own what's called a tree spade.
A tree spade is either an attachment to a skid steer or
it's a stand alone machine that has these 4 hydraulic spades.
(27:53):
These blades sticks into the ground, holds out the tree.
Put it in a pot, put it on a truck, transport it, sell it.
So instead of the homeowner thatneeds trees cleared paying
someone thousands of dollars to shamefully just cut it down,
they can instead get it removed for free.
They don't have to pay anyone. And that middleman can find the
homeowner or the landowner. It can find the person that
(28:15):
wants a mature tree. Maybe they don't want to pay
$2500 for it. Maybe they want to pay $1000 for
it. And you can take the spread
between those two parties. You could actually own the
spade. They cost about $4000.
Or you could just find a guy that has one.
You play middle man, he does allthe work, you or him deliver it,
and we don't have to cut down asmany trees.
(28:36):
You just transplant it. All right, fiber optic cables.
The road, which is closer to my house does not have fiber.
I wanted fiber, so I paid some guys $500 to come in with a
ditch, which dig a trench and lay fiber optic cable.
Now I have fiber Internet that is an entire industry laying
fiber optic cable, finding customers that almost never
leave when they sell the house. The new homeowners become your
(28:57):
customers. This guy's making six figures a
year with very little overhead. He does have upfront cost.
Of course. It's not cheap to lay the fiber,
but once it's laid, it's going to be there for decades.
Then you just go find homeowners.
They want faster Internet. People think that the big
companies like AT&T and Spectrumown that market.
No, There's so much left for thetaking, especially in rural
areas. So you can use your unwanted,
(29:18):
unloved land to store fiber optic cable, to buy and rent out
ditch witches, to just run your business out of.
If you own the ditch witch and you want to make trenches for
fiber optic cable or for fiber optic cable companies, there's a
million ways to make 1,000,000 bucks.
Now, this business is less something that you can do with
unwanted land, more something that you can monetize with
someone else's unwanted land. About a year ago, I interviewed
(29:39):
these college students, they're up in Chicago and they were at
this lake and they were just doing landscaping stuff for this
woman. She lived on a lake.
This lake she lived on had yuckyseaweed and weeds growing all
around her dock. And she said, listen, my
grandkids want to swim in this water, but they can't.
It's disgusting. Can you clean this out?
Their first got instinct was to say, no, how do you clean a
lake? But then they're like me and
(30:00):
they say yes to everything. And they said, yeah, we'll see
what we can do. So they literally drove to Home
Depot about $20 Rakes, and they just stood waist deep in the
water and they just started raking the bed of this lake and
it floated to the top. And then they would grab it all
up and throw it up on the shore.It took hours, but they made
like 500 bucks. And then guess what happened?
The neighbor came out and then the other neighbor, Hey, can you
do mine? I didn't even know this was
(30:20):
possible. I didn't even know this is the
thing. And their whole sales pitch was
we don't use chemicals, it's allnatural.
They started J&D Lake Services, they're making six figures a
year and they're college students now.
They're thriving. And this one guy saw what they
were doing and said, hey, I havethis $200,000 late cleaning
machine. It's like a skid steer that
floats. And he said I'll lease it to
you, don't pay me anything down.He was just a good guy that
(30:42):
wanted to help out some young entrepreneurs.
Now they're making a ton of money and they're going all in
on this business. This is something that almost
was no one is doing. This is a brand new industry and
I love it because you can fish where the fish are.
You can use third party tools tofind all the homes that have
ponds or that live on lakes. You don't have to do that
manually. There's other third party
(31:02):
websites and databases out therethat will give you the
information of these people. Then you just reach out to them
and say, hey, I bet you no one'sever offered to clean your pond
or your lake before. I'll do that.
You can charge hundreds of dollars per hour.
You don't need any expensive heavy equipment to start.
Is it easy? Of course not.
It's sweaty, it's hard, you're going to get leeches on your
legs. I'm not saying this is easy or
(31:23):
even fun, but it's entrepreneurship and you pick
your battles. You're going to have problems
and hardships and icebergs to get around in every business.
This one is one that is brand new.
This industry is brand new. So if someone knocked on my door
and say hey, I'll clean out yourpond, I would say yes, I would
pay them because I'm not about to get in there.
So. Go clean some lakes and pond.
(31:43):
There will soon be a pool on my property.
Why? A.
So my family can enjoy a pool. B.
Because you can monetize a pool in several different ways.
First of all, have you heard of Swimply, Swimmy, or Resort Pass?
Those are businesses much like Airbnb that allow people to
monetize their pools by renting them out to other individuals by
the hour or by the day. Some people, especially in
warmer climates like Phoenix, San Diego, Los Angeles, they
(32:06):
will rent a house that has a pool, not even live in the house
and only use it to rent out the pool in the backyard on Swimpley
and Swimming. Some of them are making six
figures a year. You can charge extra for
catering and drinks and for a lifeguard toys.
And this industry is booming right now as the sharing economy
continues to boom a little. Bonus idea for you, I have a
friend in North Carolina that has a $650,000 a year business.
(32:27):
Over half of that is profit. And all he does is he set up a
tracker that looks at Craigslistand Facebook Marketplace for
people getting rid of sheds. Generally speaking, they're
giving them away for free because no one wants a shed.
No one even thinks to take a used shed or they will pay to
get rid of it because they're selling the house and the new
buyer has said I'm not closing until that shed is gone.
So they go to Facebook Marketplace, they post it.
(32:48):
What he does is he says hey, either I'll come get it for free
or hey me and I'll come get it and he has a little machine
where he goes and puts the forksunderneath the shed, lifts it
up, puts it on the back of his flatbed truck.
And by the time he puts it on his truck, it's already sold.
He gets pictures of it from the seller before he even goes and
sees it in person. Then he will list it on Facebook
Marketplace with free delivery included because that's the big
(33:10):
hang up. Who has a massive flatbed truck?
No one. And then he'll sell it for 400
to $2000 and he gets it for free.
It's just his time. Yes, those flatbed trucks can be
expensive. You can rent them to prove out
the business model before going all in on it.
But this is a business, the shedflipping or shed delivery
business, business that nobody talks about.
He supplements about 30% of his income by going through shed
companies. Every time they sell a shed,
(33:31):
they need someone to deliver it.They're not in the delivery
business. They'll call him up, pay him 400
to $500 to go pick up the shed from the lot and deliver it.
So multiple business ideas all in this one shed.
You can assemble them and build them, get some plans online,
learn how to do it, get a table saw, get a chop saw, and I sell
them on Facebook marketplace fora slight profit.
You can upgrade to more custom jobs.
(33:51):
You can build sheds on site. You can move sheds.
You can store sheds. You can convert sheds into tiny
homes, rent them out per month, or just sell it as an actual
tiny home, buy a shed, finish itout, resell it as an actual tiny
home. I just love this.
Also, fun fact, there's a business called Shed ramps.com
that does over $10 million in revenue.
Guess what they do? They make and they build and
they sell shed ramps, some of them imported from China, some
(34:12):
of them built on site from theirfactory.
There are a million ways to make1,000,000 bucks.
The thing about living in the city is you don't know what
problems that rural folk like myself have.
A 30 inch diameter 20 foot culvert that I had cut in half
and delivered to my property was$900 and I bought it from a
company that does 7 figures a year and guess what they do?
(34:34):
They sell culverts, that's it. Most people will go their whole
lives never hearing or saying the word culvert because it
doesn't apply to them. Well, I have this property and
it's split in half by this ditchand I wanted to drive from the
front to the back of it and I couldn't.
So I had to put in these massiveculverts.
I started by putting in these smaller ones and they quickly
got washed out. Now I got 230 inch diameter
(34:55):
culverts. I rented an excavator, 600
bucks. I spent the day having a blast
putting dirt on it and it taughtme that there is a big market
for culverts. I looked at the Google keyword
tool. I looked at Google trends.
People are searching for culverts.
They're hard to find. With the increase of people
buying rural properties and trying to live that farm
lifestyle. Post COVID, there is a big
demand for culverts, large and small, PVC, corrugated metal,
(35:18):
corrugated plastic, ribbed ones.And so often times when a
municipality widens a road or improves or lays fiber or
improves their culverts, they just get rid of it.
They pay someone to take it away.
I actually found my culverts just driving around and the city
was throwing them away. And I said, hey, can I take
these? They said sure.
Took them, listed them on Facebook Marketplace and they're
gone. I sold them hundreds and
thousands of dollars for all of them combined.
(35:40):
There is a market for finding and or buying and or selling
used a new culverts. You buy directly from the
manufacturer, you store it on your land.
You listen on Facebook marketplace.
If you organic listings don't get enough traction you boost
it. You pay for some boost and
people come pick it up or for anextra 2 to $300 you throw it on
a trailer and deliver it to them.
(36:01):
I'm calling this business Culvert City California.
When I list my land Facebook marketplace.
The vast majority of the demand is from people that want to park
their equipment, not like someone that owns or rents out
one or two skid steers or excavators.
I'm talking about an industrial company or a general contractor
that has three flatbed trailers,4 box trailers, a cement truck.
(36:22):
These guys have all kinds of different equipment.
They always want it fenced and Idon't want them to do that.
So I usually say no. They don't even want what's in
the building. They just want to rent the land
and they prefer for it to be fenced.
That's also a big business. Would you believe that a little
30 amp plug has the ability to make me more money than the
entire building that it's attached to?
And no, of course you don't needa building for a 30 amp plug.
Now list out the space to RV campers on websites like Camp
(36:46):
Spot, the Dirt, Boondockers, Welcome, Campendium, Harvest,
Host, and I think a couple more.Better yet, if you have your own
RV, you can of course rent it out for even more because people
don't have to bring their own RV.
It's basically an RV park but just with one pad if you have
more demand than you can fulfill.
Added more plugs, more pads, septic system connected to the
city sewer, and you got yourselfan RV park, which I've been
(37:08):
buying those for the last seven years.
It's a great business. I paid $160,000 for my lot.
At the time it was worth about $300,000.
And the reasons were two fold #1traffic.
Traffic was bad even back then. I live within 30 minutes of four
of the fastest growing cities inthe country.
The second reason I got a good deal for my property is because
of the shape. It's very, very narrow.
(37:30):
It's a weird shape. People didn't like it.
It was unlocked, loved. It was unwanted.
Today this same lot, despite itslocation on a busy Rd. despite
its awkward shape that it still has, is worth $750,000.
It's far outpaced appreciation of the other homes and lots
around here because I was willing to take that bet.
How can you monetize 22,000 carsdriving by a day?
(37:51):
Where do I even begin for my tree trimming business?
I wrap my truck. I park it out here.
Every time we have a car that weneed to sell, I park it out
here. If a car is worth $20,000
according to Kelley Blue Book value, I can sell it for $22,000
because more eyeballs equals more money.
Think of it this way. If I was selling a widget and I
tweeted about it to my 1000 followers, that widget is worth
$100. I could sell it for $100.
(38:14):
If Elon Musk, the most followed person on Twitter, tweets about
that same object for sale, what could he sell it for?
1000 dollars, $300? No matter what it is, he could
sell it for much more. Not because he's Elon Musk, but
because of that many more eyeballs.
Millions of eyeballs seeing it. That's more demand.
Fixed supply plus increasing demand equals increasing price.
That's economics one O 1. So I used to have a business
(38:36):
called Presto Cars. It was a concierge car buying
service. We would go to the Mannheim and
Odessa auctions and we would buycars at wholesale at the exact
same price, the wholesale price that used auto dealerships get
their cars for. Then I would bring that car
home. I'd pay $13,000 for it.
I would park it right there witha for sale sign and I would sell
it for $17,000. You do that once a week.
(38:58):
That's 16,000 dollars a month ofnet profit.
Are there headaches? Of course I ran out of gas.
They would break down. It was a pain, but it was
profitable and it was all made possible because of this lot
that gets 22,000 cars, 22,000 eyeballs driving by it every
single day. So that's why this is my number
one favorite idea because of theoptionality if you buy a lot,
(39:22):
especially if it's zoned residential because residential
buyers do not value this. In fact, they don't like
traffic. But if you're willing to look at
it from a capitalistic perspective, a monetization
perspective, then you can sell anything you want.
Billboard cars, signage, wrappedvehicles, farm stand, lemonade,
waters, it doesn't matter. Best and highest use.
So every time I see these cars out front, I smile to myself and
(39:45):
think capitalism. If you know someone or think of
someone that likes real estate or raw land or wants to get out,
start a business. Entrepreneur, entrepreneur, it
doesn't matter. It would mean a ton if you share
this episode with them because maybe it could change their
life.
There is a million ways to make 1,000,000 bucks.
This is a business. That nobody talks about does
over $10 million in revenue. Guess what they do?
It rents out for 600 to $915 pernight.
With all all of these options I'm going over today.
There are no more excuses. So what if I told you that for
about $200 a month you could find some ugly, unwanted,
unloved land and turn it into a cash flowing machine that makes
(00:21):
you over $10,000 a month? Well, the only thing holding you
back from doing that are ideas. Well, that's what this episode
today is for, so let's go. If you live in the United
States, you need to look into what's called the USDA rural
development loan. This loan has no PMI, no
mortgage insurance, as in less fees.
And if your land or property is in a specific area, there's a
(00:45):
map online where you can look atall this.
If it's in an area and your credit is not terrible, it
doesn't have to be amazing, but if it's not terrible you can
qualify for 0% down for a government backed loan through
most legitimate banks. There are some restrictions.
One of the restrictions is you can only use it on raw land if
you plan to build a building or a piece of real estate on it.
I believe it does qualify for stick built homes, modular
(01:07):
homes, and manufactured homes. There are income limits but the
interest rates are even lower than FHA loans and if you want
only raw land and to never put anything on it, this will
unfortunately not work for you. I paid about $7200 for the shed
all in including delivery. It is 8 by 18 feet and it's not
just a shed. It also doubled as a she shed or
it can double as a tiny home thanks to new reality shows.
(01:28):
The cost of tiny homes are outrageous.
You can easily pay over $100,000for a tiny home, easily 50 to
$8200. Why?
Because of the framing, the factthat the seller positioned it as
a shed which you generally cannot monetize.
If you want to have a tiny home business and buy unwanted or
unloved land, put a tiny home ormultiple tiny homes on it and
(01:49):
rent it out. You should consider instead
buying a shed, either in a kit or fully built and delivered on
site as is. You could put a loft up top and
call it all in $20,000. You can rent it out for 500 to
$1000 a month. Make your money back in a couple
years. Whereas if you go buy a purpose
built tiny home, you're not going to make your money back
(02:09):
for a decade or more. It's really the same product
we're talking about four walls, a foundation and a roof.
It's just a different way of approaching starting a real
estate business or a tiny home business.
There are several websites that enable you to take quiet spots
and rent it out to tent campers,camp spot being the biggest.
Tender with two Rs Camp Space Harvest Host There's three to
five different peer-to-peer marketplaces that provide the
(02:32):
opportunity to rent out mere plots of dirt on your property
for 10 to $50 a night. You don't need hookups.
They're not expecting hookups. They're not expecting
electricity or plumbing or any of that.
They just want to go camping, usually with their kids.
I'm a customer of these websitesbecause I live in Texas and
there aren't a lot of state or national parks here
unfortunately. So we go out to other people's
private land and we have a greattime camping for about 20 bucks
(02:55):
a night. I had an in grand trampoline
installed recently. I paid way too much for it.
The trampoline itself was about $4000 but the install cost was
outrageous, $4500 for someone toroll up with an excavator, spend
half a day digging it out. They put some weed barrier down
some landscaping rocks. They installed a $50 water pump,
plugged it into the side of the house.
That way when it rains too much it'll pump all the water out.
(03:17):
Some mosquito larvae don't find a nice place to live, but
there's a huge opportunity for heavy equipment parking.
Right? If you have unwanted or unloved
land, it doesn't matter. Matter how rural it is, there
are business owners that need topark their trucks, their
excavators, their skid steers, you name it.
So the company that I hired to dig this thing out, they dig out
pools, they dig out trampolines,they level land for new home
(03:38):
construction. They need a place to park their
stuff. And you can charge between 80
and $250 per month per spot, 43,000 square feet in an acre.
And you can make 6 figures of income with truck parking and
their websites and that kind of act like the Airbnb for parking
lots and truck parking and semi trailer parking.
And you can use those to acquirecustomers in the state of Texas.
(03:59):
And every state has similar lawsto this.
If you buy a parcel that's more than 10 acres, you can get it
split up as long as each parcel is 10 point O1 acres or more.
You don't have to get it rezoned, you just need a new
survey. So I have a friend that goes out
to West TX. He'll buy a 500 acre plot.
As long as it has a lot of Rd. frontage.
He will split that up 50 times into 10 lots, making these
(04:22):
numbers up, but it's directionally correct.
Let's say he buys 500 acres for $500,000.
He splits it up into 50 units. He sells them for 20,000 each
and he makes $1,000,000 on his money.
He just pays a few $1000 for hissurveying cost.
That works all day in every state, some states more than
others. In Texas, if it's under 10
acres, then you got to go through all kinds of approvals.
(04:43):
You got to get septic at all kinds of other things.
But if you keep it at 10 point O1 acres or more than you can
still subdivide the land withouthaving to go through all that
rigmarole and you can sell it for a you should also look.
Into master lease agreements. It doesn't always apply to only
raw land, but I've used this on some RV park deals where let's
say you can't afford to buy the land cash, or you can't find a
(05:03):
loan, or you can't afford a downpayment.
You basically make lease payments to the owner, but all
of the cash flow over and above those lease payments go to you.
This is very similar to a lease purchase agreement in that it
enables you to lessen your risk before going all in on an asset
and then later on 1/3, five years down the line.
You have the option to purchase the property and or business on
(05:25):
the property at a predetermined price.
If it has been going well thus far, it's sure this You buy a
piece of land for let's say $100,000.
You find a used mobile home for $30,000.
You spend $5000 to get it hookedup and moved.
So you're all in the property, $135,000.
Now when you put the home and the land together, the Land's
(05:45):
worth over $200,000 because you're going through the
headache. You're adding value to the
property. Now it's a place where someone
can live. You're just putting two parties
together, the landowner and the homeowner.
You're putting them together andyou're adding value.
And one of my favorite business ideas period, and not just for
raw land, is that of portable self storage.
I've got this friend on Twitter that did this in Canada.
(06:07):
What he did was find a three or four parcel of land that was on
a busy Rd. up in Canada and thenhe did a lease purchase
agreement. He said, hey, I want to put
portable self storage on this. I don't know if it's going to
work. Let me rent it for X amount per
month. And one year from now, let's sit
down and talk. And if it's working for me, I
will buy your property above your asking price.
If it's not going well for me, I'll pick up my portable self
(06:27):
storage containers. I'll take my ball and go home.
Guess what? It worked way better than he
ever imagined. Now he has is a six figure
business that's largely passive because he didn't have to break
ground lay foundation. He bought these portable self
storage containers on a flatbed truck.
They dropped him off. He did research on cube spot and
square foot and he found out that, you know, a 10 by 10 in my
area rents for 130 bucks a monthand he became fully booked
(06:50):
within six months. And now he's copy and pasting
this playbook all across the country.
I love this idea because A you can get loans on this equipment.
B Private investors are willing to finance the portable self
storage because they can always repo it if it doesn't go well.
And see, it's a perfect way to hedge your bets, minimize your
risk, own land, monetize land without having to come out of
(07:11):
pocket. 6 figures for a down payment.
All right, this is probably the least approachable, the least
affordable of all of these ideas.
But it's also probably the most profitable.
There's a trade off there. Build a freaking custom home on
it. I've had home on Airbnb before.
It rents out for 600 to $950 pernight.
That covers the monthly payment in about 6 rentals per month.
So I only need 20% occupancy to break even.
(07:33):
You list it on VRBO and Airbnb, and then you list it on Peer
Space, which is a website that enables photographers and
videographers who rent your space for photo shoots or for
filming movies or commercials. It's much cheaper for them to
rent something like this for a few hours than to rent a
professional studio, but it's just as good if not better in
many cases. Yes, it is very expensive to
build a custom home. When I had my house on Airbnb,
(07:55):
about 30% of my tenants used it for weddings.
And then I thought, how much do weddings even cost?
3000 to $6000 just for the venuefor half a day.
That would cover the monthly payment for the property in one
wedding. So what's stopping you from
listening on zolatheknot.com, WeddingWire, Airbnb, Verbo, Peer
Space, all the places? What would your monthly
(08:18):
occupancy percentage be when youtake all of those platforms and
combine them into one close to 100%?
What's? The word that didn't exist 10 or
15 years ago, That's all the rage today.
Barn dominiums. It was like 60 grand.
Today they're much more expensive.
Not trying to simplify this, butthese metal buildings in a box
are outrageously in demand rightnow for storage, for stuff like
(08:39):
pickleball, for barn dominiums, for wood shops, cabinetry, metal
shops, auto repair, auto body, you name it.
We have rented hours out to several different types of
business owners. It's 2100 square feet and it
rents for about 2500 to $3500 a month.
And you have covered air conditioned space like this.
Even if not air conditioned, even out in a rural area there
is demand for people to store stuff right?
(09:01):
People need to the store stuff. A company is paying us every
month to store some old electronics.
You can charge by the square foot, charge by the month.
You can store classic cars. We get requests for all kinds of
things to be stored there. One of my favorite businesses
that no one ever talks about aretree farms nurseries.
You can buy seedlings and plant them from seedlings or you can
buy seeds and plant the seeds. I love this business because
(09:22):
with patients come profits. A lot of trees just don't do
well from a seed or even from a seedling.
They require a lot of babying and they are likely to fail in
the 1st few months. Whereas live oaks, Schumart
oaks, pecan, cedar, Elm and Maple trees do really well from
a siege. Just consider the unit
economics. If you can basically have free
water or close to free water andor rely on rainfall if you live
(09:45):
in a rainy area, if you can wait, then you can sell them for
hundreds of dollars each. You can sell directly to retail
through Facebook Marketplace or through Facebook ads or you can
do wholesale. You drive around and you see all
these wholesalers, they're not planting from from scratch.
They're buying from people like you and I Generally speaking,
people with more land, more scale than what I'm referring to
here. But you can plant thousands of
(10:05):
trees on one acre, especially since they're just seedlings,
they're small. You can also do the same with
BlackBerry bushes, Grapevine, blueberries, etcetera.
Now you will have some upfront costs to this business.
Aside from the seeds or the seedlings.
You're going to have to pay for some irrigation, some tubing,
You might have to install a well.
Preferably you can find some unwanted, unloved land that
already has a well dug. But after your upfront costs are
(10:27):
in, there's nothing else. You just wait.
You just let Father Time do its magic.
Now this idea also comes with a lot of asterisks, but if you do
have an electrical panel with some empty space, you should
consider Bitcoin and or crypto mining.
I've been in this industry for awhile.
I've had years where I've done well and I've had years where
I've lost my shirt. So definitely 100% by beware.
Do your own research. You need a professional
(10:49):
electrician to hook it up. Generally speaking, your
everyday wall outlet is not going to cut it.
You got to look into things likehash rate, difficulty rate, the
price of Bitcoin, how many otherminers are mining at any given
time. But if certain things can align,
you can make really really good money mining Bitcoin and other
cryptocurrencies. Just beware of noise, heat and
space constraints. Now, you may have seen me post
content about this indoor pickleball club that I'm
(11:10):
launching. It's air conditioned.
We still have to tear out a room.
We've got to clean it. We've got to paint the floors.
I actually have a portable pickleball court that I'm going
to use to get the ball rolling before I spend way too much
money to paint these floors. But even in rural areas, there's
demand for indoor, air conditioned, weatherproof,
private pickleball play. People can come with their nerdy
pickleball friends and hang out,drink drinks, and we're actually
(11:33):
going to put a golf simulator inhere, cold plunge, A sauna, and
it's going to be a whole vibe. Now, of course, if you're too
rural, that's just not going to work.
I'm not too rural, so that will work for me.
So we live in the suburbs of Dallas, Fort Worth.
Youth sports is everything here and there are not enough places
for youth sports coaches to train their kids.
They can't go to the gyms because the gyms just don't want
(11:54):
them there. They don't know what to do with
them. They can't go to the schools
because the schools are usually practicing.
And so that leaves this gap in the market.
These coaches are paid between 40 and $200.00 an hour to do
private one-on-one and one to group tutoring sessions.
Softball, baseball, golf, tennis, pickleball, basketball,
especially basketball, football and baseball, the big three.
So my other project will be a full court pickleball court.
(12:15):
It's 70 by 30 feet and it will also be 1/2 court basketball
court. The fixed hoop will go right in
the middle. You're going to pay about 6 to
$8 per square foot for concrete,5 inch concrete.
There's rebar, it's got a vapor barrier.
It's good to go. This costs about $14,000.
After the fencing, which you don't have to have, it's just
nicer to have and the lighting and the hoop and everything, I'm
(12:35):
going to be all in this about $32,000.
If I were to have hired a general contractor to find all
the subcontractors, it would have cost about 50 to $60,000.
So one business is to be the general contractor, find the
subcontractors and build sport court.
You go look at Google trends forsport court searches.
They're booming right now. Or if you have some unwanted or
unloved land, you can build yourown sport court.
(12:57):
And if you build it, they will come.
If you use Facebook ads, they left that part out of the movie.
You can't be too rural for stufflike this.
You need parents that are obsessed with kids sport.
So big asterisk on this one. But if you live close enough to
human civilization, this could be an amazing business that can
pay you between 8 and 20,000 dollars a month based on your
membership fees or based on yourhourly fees that you're charging
(13:18):
directly to the tutors. I paid about 30 bucks for a
crepe Myrtle nine years ago, planted it.
It's nice and big now. And this is the gift that keeps
on giving because these shoots come up like once every month or
so. You get about 1/2 a dozen new
shoots now, as long as they're not connected to the trunk and
they're coming from the ground, you can transplant them into a
pot. You can be patient.
You can sell it for 30 to $300 years down the line, depending
(13:40):
on how big it gets. Now this next idea is pretty
random, but hear me out. So there's this hole in 1G
challenge in New Zealand. I posted about it a few times.
They give you $10,000 if you geta hole in one on a floating tee
that's about 80 yards out in a lake.
What I already did is I took 100bucks to a popular park where
kids are playing soccer. Held up a sign that said hey,
(14:00):
for $3 we'll give you one shot from 30 feet to get a hole in
one. For $5, we'll give you 3 shots.
If you win, you win $100. Less than 5% of people win.
It's extremely profitable. It's like a game of challenge
and I'm not going to lie, I was pretty be surprised to see how
much money this little. Hack made now, Especially if you
have a natural water source likea Doug Well.
What's stopping you from planting a fruit orchard and
(14:22):
selling the fruit to farm standsindividually through e-commerce?
Did you know the Peach Truck is a $100 million business selling
Peaches online? My friend Isaac French planted a
300 tree fruit orchard that provides 10s of thousands of
pounds of fruit to his communityin Central Texas every year.
I think he spent about $75,000 total for buying the trees, the
(14:42):
irrigation, the cement because he has sidewalks throughout.
What's stopping you from doing that?
You want to do your research on the varieties that work best in
your area or in your zone. You may need to cross pollinate
it sometimes, so do your own research, but orchards can can
actually be a lot more profitable than you might think.
There are two different websitesthat allow peer-to-peer EV
charging, plug share and EV match.
(15:03):
Furthermore, you can contract with Tesla to add supercharging
to a property. Of course they're only going to
want to add it to certain properties that are off of a
highway, etcetera. Lots of asterisk on this one.
Tesla will pay entirely for all of the Transformers and
equipment, but they won't allow you to monetize it directly.
As in you can't mark up the electricity.
Now if you do have a business, you can monetize the foot
traffic, but if you pay Tesla for the Transformers and all the
(15:26):
equipment, you can mark up the electricity directly if you add
solar or other renewable energy sources.
And letting electric car owners use your charger can add up
pretty fast. I love the pallet reclamation
business so I used to own a third party logistics company
called Send Eats. We would receive massive pallets
full of peanut butter and make up and you name it and we have
too many pallets. We weren't shipping out as many
(15:47):
pallets as we received. So I would post them on Facebook
Marketplace and just give them away.
I would try to sell them but it was hard.
I needed a reliable way to get rid of them because we ran out
of space every day in the warehouse.
And so if I sold it then I'd have to negotiate and haggle and
if I just gave it away, then it was much easier.
So I met all these business owners that owned pallet
reclamation businesses. They go to Facebook Marketplace
(16:09):
and Craigslist and to local businesses and warehouses and
they take pallets for free. They're providing A valuable
service because these businessesthat have dumpsters have to pay
hundreds of dollars a month to throw the stuff away.
They would much rather give it away.
It saves them money. They take the pallets for free.
They'll use a crowbar, a hammer,and they'll take it apart, their
disassemble it, they'll fix the broken boards, they'll make it
(16:29):
look nice, and then they will turn around and sell them them
for five to $12.00 each. So it's 100% gross profit
margin. Of course you got gas cost,
you've got delivery, you've got to put your time into it.
You've got to put boards into the broken ones.
But some businesses need a reliable supply because they are
shipping out more pallets than they're getting in.
Some businesses need a reliable way to offload them and they're
(16:50):
usually doing it for free because they don't want to be
spending all their time hagglingover a $2.00 pallet on Facebook
Marketplace. So there's a big business in
here. You build a book of business,
you go door to door, you cold call or your e-mail or your
text, you start asking around. You find a handful of businesses
that are consistently getting rid of pallets, or you just go
to homeowners that have an extrapallet or two can build stuff
out of them. I posted a video about a couple
(17:12):
that built a bar out of pallets and sold it for a lot of money
at Facebook Marketplace. They built a bar out of pallets
and rented out to weddings for hundreds of dollars per wedding.
There's so many things you can do with pallets and it's
something that you can get for free, but you need somewhere to
store it. How about on some unwanted or
unloved land? Knock on wood, there is actually
a portable pickleball. It weighs several 100 lbs.
(17:33):
Think of it like a wrestling mat, but a lot thinner.
It rolls out. It's got lines already on it.
You're going to see another video of me laying it out and
basically launching my business because it's impermanent.
I can prove demand for the product before I go.
All in and spend way too much money renovating, but it's kind
of cool that stuff like this exists.
So this photographer that we used rented this old classic VW
(17:53):
van and she saw her property andshe said, I would love to park
my van in your yard and have my clients come get their Christmas
card pictures taken. If you like, let me do that.
I'll give you your pictures for free this year.
That sounds like monetization. We said yes, we got our pictures
taken. I got a bunch of wisecrack jokes
from my friend who got the card and said, hey, you guys doing
all right because it looked likewe lived in a van.
But my point is, there are five different websites that enable
(18:16):
you to take your property, your real estate, your building, your
raw land, whatever. And as long as it's somewhat
scenic and you can make it scenic, you can add a wedding
arch, you can Add all kinds of things, as long as it's somewhat
scenic, you can rent out that space by the minute, the hour,
by the day, to photographer and to videographers.
Those five websites are Herespace, Gigster, Home Studio,
(18:37):
List, Scouty, and Avay AVVAY. Again, much like the side yard
car parking, what's stopping youfrom listing your property on
all of those websites? Optimizing with keyword rich
descriptions and professional pictures and just waiting for
the bookings to come in. If you buy a parcel of land for
$50,000, you can get a 30 year mortgage on that.
Your 30 year payment on that is going to be about two to $350.00
(18:59):
a month less than your car payment.
You can't tell me you can't at least cover that payment.
With all of these options I'm going over today.
There are no more excuses. You know what idea is booming
right now? Backyard restaurant,
neighborhood pop up. Three different types of pop ups
going on. Pizza oven pop ups where people
will buy this 500 to $1200 authentic Neapolitan style pizza
(19:21):
oven. They'll post to their local
Instagram, Facebook groups, Facebook marketplace,
neighborhood HOA groups, nextdoor.com and they'll get
people to place ahead of time their authentic pizza orders for
10 to $25 per pizza. And then the owner of the home
or property will make all the pizza in a day.
People will come pick it up, then mow him in advance and
(19:42):
he'll make 1000 bucks for an afternoon of making pizza.
The same is true with BBQ. Order your brisket ahead of
time, your pork butt, or stuff that you want to cook on a
Blackstone. All three of these cost between
500 and $1500. So with a relatively small
investment and the willingness to post online and to be willing
to sell things to your friends and family, you can make a
really good income cooking food.Which is great for foodies like
(20:05):
me that love cooking this stuff anyway.
So why not monetize it? And whoever said never monetize
your hobbies. They were wrong because if your
hobby is monetizing things, thenyou can never go wrong.
Multiple ideas in one here. I reached out to a bunch of tree
trimming companies in the area. One of them is mine.
Whenever they cut down a huge oak tree, they drop them off
here. Multiple reasons #1 firewood.
(20:25):
Remember, firewood sells for between 400 and $700.00 per
quart. So during the winter time, we
split it all with a hydraulic splitter.
We stack it up. I pay some high schoolers to do
it and it helps pay for their college.
This is just kind of a passion project.
It's nothing for me to really make a bunch of money on.
Right now is actually the perfect It's time to start
something and you guys know I'm always talking about starting
local newsletters. Local newsletters for your city,
(20:48):
job listings for your field, a weekly roundup for your hobby.
You know, just taking whatever you know and sharing it with
people who want to learn. This is one of the lowest risk
ways to build something that pays you over and over, and
Beehive is by far the easiest way to do it.
You can monetize and grow your subscribers with their built.
In AD network, you can sell digital products or paid
(21:09):
subscriptions. Directly to your audience.
And yes, they've even gotten AI website builder and a podcast
integration now. I've been using Beehive for two
years and I cannot recommend it enough.
It is not just a newsletter platform anymore, it is the
entire creator infrastructure. So don't wait for January.
Start now. Head to beehive.com/chris for
(21:32):
30% off your first three months.That's B EE HIIV.
Dot com slash Chris The other idea is actually assembling and
or building sheds on site since you need some land to do that
and selling them, selling them on Facebook marketplace.
What's the second fastest growing sport in the world right
now? Disc golf, not pickleball.
Disc golf. Is disc golf super profitable?
(21:54):
No, but it's cool. And here's the thing, people
will donate to you if you have adisc golf course or you can
charge. Most courses don't charge, you
can. What's stopping you?
It's cool, it's fun, it's unique.
If you build a good reputation for being a good disc golf
course, they actually have disc golf vending machines where you
can put a vending machine on your property and sell discs for
20 to 30 bucks a pop. Not my favorite business idea,
(22:15):
but I think there's a lot to be said for business ideas that are
just fun. I have 4 kids between the ages
of nine and 15. They come out here and play.
Not everything has to be a cash cow.
Never underestimate the power ofa good hardwood pecan tree,
otherwise known as a hardwood tree.
Oak trees are hardwood. Maple trees are hardwood.
The deciduous stuff, the pine, that's softwood.
Hardwood trees are much more valuable.
You can sell the firewood for 400 to $900 a cord depending on
(22:38):
the time of the year, depending on where you live.
And you can also sell all the hardwood to barbecue restaurants
or BBQ enthusiasts. You can fetch even more for it
as BBQ wood than you can as firewood.
I know this because I'm a BBQ enthusiast and I own a firewood
business Rented. You can only cut down a tree
once. But my point is, a piece of
unwanted or unloved land is worth more if it has mature
hardwoods on it. Oftentimes the seller or the
(22:59):
realtor don't know that. Is it significantly more?
2030% no, But it's marginally more, and it's something.
You've got shade, you've got something desirable.
I like trimming my trees. If I were to trim it then that
would provide a bunch of firewood and or BBQ smoking wood
that I could sell without havingto cut the whole thing down.
We hire what's called an Alaskansawmill or a portable sawmill.
(23:20):
This guy will come in. There are red oak logs and
they're very big. You can make end tables, you can
make coffee tables, You can make2 to 4 inch slabs out of them.
You stack them and you let them season for months or years at a
time. Then you can sell them by the
board foot to woodworkers, to wood enthusiasts.
They can turn them on a lathe orthey can make furniture out of
them. I have a bunch of cedar logs in
there, white oak, red oak, Live Oak.
(23:41):
You can actually make a lot of money from this wood if you pay
someone about 60 bucks an hour to come slice it all up for you
and then you just let it sit. Once it's seasoned, there's no
bugs in it, it's dried out, it'sdone warping.
You can sell it for a good bit. And the crazy thing is about all
of this, I'm not paying for thatone.
When you have land, unwanted or unloved land, you've got space
to store stuff like this. Remember, 1 acre is 43,000
(24:02):
square feet. It's a total win win situation
because these tree trimming companies, they have to pay the
dump to take this stuff. You don't have to pay me
anything. So they are more than happy to
bring it. And I'm very careful to tell
them I don't want your brush, I don't want your small stuff.
I don't want your mulch. I just want the big stuff, the
valuable stuff. And once again, you can sell
this stuff to barbecue smoking enthusiasts or to barbecue
restaurants as well. If you live in a warmer climate
(24:23):
like Texas and you're not able to sell it for more than a few
months of the year to people that need to heat their homes
and. You know you can even make money
from that empty unused space on the side of your house.
There are 6 different websites that will enable you to rent out
this otherwise unused space to people that need to park their
car, truck, boat, RV, etcetera. The six that I know of are truck
(24:43):
parking, clubneighbor.com, Spacer, Stowit, Curb, flip, and
Pavement. What's stopping you from listing
any spot on your unwanted, unloved land on all six of those
websites, optimizing it with professional pictures, keyword
rich description, and waiting for some bookings to come in?
Decomposed granite. It's literally crushed granite.
It's a little more expensive than gravel because it's red,
(25:04):
it's got a nice color, it compacts really well, and it
also grains and it also looks good.
So it's a good hybrid of those 3qualities.
What I learned in the process ofordering this DG was that if you
to buy directly from the quarries, you get it at a huge
discount. There's this company called
Living Earth. They have a bunch of locations
across Texas. I think they sell it for like 50
(25:26):
to $70 a yard, a cubic yard. But if you buy directly from the
quarry in Oklahoma, it's about $20 a yard.
So what you can do is you can use Reppler or Lindy to make a
lead format. You can push paid ads to it and
just play middleman. Basically, you're drop shipping,
decompose granite, or you can buy it, store it on your
unwanted, unloved property and then just resell it.
People can come pick it up. This is a business that people
(25:47):
don't think of, but this is a product that people are using on
a daily basis. In case you haven't already
heard, I have a private community called TK Owners, TK
owners.com, There's over 500 people in there, some
entrepreneurs, some entrepreneurs, and they're doing
stuff like this. They're starting businesses on
raw, unwanted land. So if you want some help, some
hand holding, some support for almost no money, very little
(26:08):
like the price of a cup of coffee per day, then come join
us at tkowners.com and you can cancel anytime.
Now as much as my wife loves watching me split firewood by
hand, I get tired. A man gets tired, right?
So I paid 1500 bucks for the 27 ton hydraulic splitter.
About six months ago I posted a video all about my firewood
business and you can see me using this.
It's so fun to use. You put the login if you pull
(26:30):
the lever and it just splits it cleanly in half.
This is a great investment if you can't find enough customers.
As a firewood business, you can rent this thing out for about 80
to $90.00 a day on Facebook marketplace because people cut
down trees. They want to convert it into
firewood that they have no need to buy a $1500 splitter.
So they'll rent it for you for 80 to 160 bucks and do it
themselves. Also, when you have land, you
(26:51):
got plenty of space to store stuff like this.
You would not believe the unit economics of the septic tank
business. How many people out there in
high school said, I want to growup and own a septic tank
business? Literally no one's ever said
that they're incredibly profitable.
It's dirty, it's unsexy, nobody wants to get into it.
But the net profit margins are 20 to 40% because no one wants
(27:12):
to get into it. All I wanted to do was add a
simple bathroom to my shop and they all said, Nope, you need a
new system. 15,000 dollars, $15,000.
Why are they telling me that? Because they can, because
they're in the driver's seat, because there's much more demand
than supply. So the take away here start or
buy a septic tank repair or installation business all over
Texas and the United States and the world.
(27:32):
There are properties that need to be mulched, that need to be
raised because they're building things or they're clearing land.
There is a big business between playing middleman between the
forestry mulchers, the land clears, the tree trimming
companies and the people that own what's called a tree spade.
A tree spade is either an attachment to a skid steer or
it's a stand alone machine that has these 4 hydraulic spades.
(27:53):
These blades sticks into the ground, holds out the tree.
Put it in a pot, put it on a truck, transport it, sell it.
So instead of the homeowner thatneeds trees cleared paying
someone thousands of dollars to shamefully just cut it down,
they can instead get it removed for free.
They don't have to pay anyone. And that middleman can find the
homeowner or the landowner. It can find the person that
(28:15):
wants a mature tree. Maybe they don't want to pay
$2500 for it. Maybe they want to pay $1000 for
it. And you can take the spread
between those two parties. You could actually own the
spade. They cost about $4000.
Or you could just find a guy that has one.
You play middle man, he does allthe work, you or him deliver it,
and we don't have to cut down asmany trees.
(28:36):
You just transplant it. All right, fiber optic cables.
The road, which is closer to my house does not have fiber.
I wanted fiber, so I paid some guys $500 to come in with a
ditch, which dig a trench and lay fiber optic cable.
Now I have fiber Internet that is an entire industry laying
fiber optic cable, finding customers that almost never
leave when they sell the house. The new homeowners become your
(28:57):
customers. This guy's making six figures a
year with very little overhead. He does have upfront cost.
Of course. It's not cheap to lay the fiber,
but once it's laid, it's going to be there for decades.
Then you just go find homeowners.
They want faster Internet. People think that the big
companies like AT&T and Spectrumown that market.
No, There's so much left for thetaking, especially in rural
areas. So you can use your unwanted,
(29:18):
unloved land to store fiber optic cable, to buy and rent out
ditch witches, to just run your business out of.
If you own the ditch witch and you want to make trenches for
fiber optic cable or for fiber optic cable companies, there's a
million ways to make 1,000,000 bucks.
Now, this business is less something that you can do with
unwanted land, more something that you can monetize with
someone else's unwanted land. About a year ago, I interviewed
(29:39):
these college students, they're up in Chicago and they were at
this lake and they were just doing landscaping stuff for this
woman. She lived on a lake.
This lake she lived on had yuckyseaweed and weeds growing all
around her dock. And she said, listen, my
grandkids want to swim in this water, but they can't.
It's disgusting. Can you clean this out?
Their first got instinct was to say, no, how do you clean a
lake? But then they're like me and
(30:00):
they say yes to everything. And they said, yeah, we'll see
what we can do. So they literally drove to Home
Depot about $20 Rakes, and they just stood waist deep in the
water and they just started raking the bed of this lake and
it floated to the top. And then they would grab it all
up and throw it up on the shore.It took hours, but they made
like 500 bucks. And then guess what happened?
The neighbor came out and then the other neighbor, Hey, can you
do mine? I didn't even know this was
(30:20):
possible. I didn't even know this is the
thing. And their whole sales pitch was
we don't use chemicals, it's allnatural.
They started J&D Lake Services, they're making six figures a
year and they're college students now.
They're thriving. And this one guy saw what they
were doing and said, hey, I havethis $200,000 late cleaning
machine. It's like a skid steer that
floats. And he said I'll lease it to
you, don't pay me anything down.He was just a good guy that
(30:42):
wanted to help out some young entrepreneurs.
Now they're making a ton of money and they're going all in
on this business. This is something that almost
was no one is doing. This is a brand new industry and
I love it because you can fish where the fish are.
You can use third party tools tofind all the homes that have
ponds or that live on lakes. You don't have to do that
manually. There's other third party
(31:02):
websites and databases out therethat will give you the
information of these people. Then you just reach out to them
and say, hey, I bet you no one'sever offered to clean your pond
or your lake before. I'll do that.
You can charge hundreds of dollars per hour.
You don't need any expensive heavy equipment to start.
Is it easy? Of course not.
It's sweaty, it's hard, you're going to get leeches on your
legs. I'm not saying this is easy or
(31:23):
even fun, but it's entrepreneurship and you pick
your battles. You're going to have problems
and hardships and icebergs to get around in every business.
This one is one that is brand new.
This industry is brand new. So if someone knocked on my door
and say hey, I'll clean out yourpond, I would say yes, I would
pay them because I'm not about to get in there.
So. Go clean some lakes and pond.
(31:43):
There will soon be a pool on my property.
Why? A.
So my family can enjoy a pool. B.
Because you can monetize a pool in several different ways.
First of all, have you heard of Swimply, Swimmy, or Resort Pass?
Those are businesses much like Airbnb that allow people to
monetize their pools by renting them out to other individuals by
the hour or by the day. Some people, especially in
warmer climates like Phoenix, San Diego, Los Angeles, they
(32:06):
will rent a house that has a pool, not even live in the house
and only use it to rent out the pool in the backyard on Swimpley
and Swimming. Some of them are making six
figures a year. You can charge extra for
catering and drinks and for a lifeguard toys.
And this industry is booming right now as the sharing economy
continues to boom a little. Bonus idea for you, I have a
friend in North Carolina that has a $650,000 a year business.
(32:27):
Over half of that is profit. And all he does is he set up a
tracker that looks at Craigslistand Facebook Marketplace for
people getting rid of sheds. Generally speaking, they're
giving them away for free because no one wants a shed.
No one even thinks to take a used shed or they will pay to
get rid of it because they're selling the house and the new
buyer has said I'm not closing until that shed is gone.
So they go to Facebook Marketplace, they post it.
(32:48):
What he does is he says hey, either I'll come get it for free
or hey me and I'll come get it and he has a little machine
where he goes and puts the forksunderneath the shed, lifts it
up, puts it on the back of his flatbed truck.
And by the time he puts it on his truck, it's already sold.
He gets pictures of it from the seller before he even goes and
sees it in person. Then he will list it on Facebook
Marketplace with free delivery included because that's the big
(33:10):
hang up. Who has a massive flatbed truck?
No one. And then he'll sell it for 400
to $2000 and he gets it for free.
It's just his time. Yes, those flatbed trucks can be
expensive. You can rent them to prove out
the business model before going all in on it.
But this is a business, the shedflipping or shed delivery
business, business that nobody talks about.
He supplements about 30% of his income by going through shed
companies. Every time they sell a shed,
(33:31):
they need someone to deliver it.They're not in the delivery
business. They'll call him up, pay him 400
to $500 to go pick up the shed from the lot and deliver it.
So multiple business ideas all in this one shed.
You can assemble them and build them, get some plans online,
learn how to do it, get a table saw, get a chop saw, and I sell
them on Facebook marketplace fora slight profit.
You can upgrade to more custom jobs.
(33:51):
You can build sheds on site. You can move sheds.
You can store sheds. You can convert sheds into tiny
homes, rent them out per month, or just sell it as an actual
tiny home, buy a shed, finish itout, resell it as an actual tiny
home. I just love this.
Also, fun fact, there's a business called Shed ramps.com
that does over $10 million in revenue.
Guess what they do? They make and they build and
they sell shed ramps, some of them imported from China, some
(34:12):
of them built on site from theirfactory.
There are a million ways to make1,000,000 bucks.
The thing about living in the city is you don't know what
problems that rural folk like myself have.
A 30 inch diameter 20 foot culvert that I had cut in half
and delivered to my property was$900 and I bought it from a
company that does 7 figures a year and guess what they do?
(34:34):
They sell culverts, that's it. Most people will go their whole
lives never hearing or saying the word culvert because it
doesn't apply to them. Well, I have this property and
it's split in half by this ditchand I wanted to drive from the
front to the back of it and I couldn't.
So I had to put in these massiveculverts.
I started by putting in these smaller ones and they quickly
got washed out. Now I got 230 inch diameter
(34:55):
culverts. I rented an excavator, 600
bucks. I spent the day having a blast
putting dirt on it and it taughtme that there is a big market
for culverts. I looked at the Google keyword
tool. I looked at Google trends.
People are searching for culverts.
They're hard to find. With the increase of people
buying rural properties and trying to live that farm
lifestyle. Post COVID, there is a big
demand for culverts, large and small, PVC, corrugated metal,
(35:18):
corrugated plastic, ribbed ones.And so often times when a
municipality widens a road or improves or lays fiber or
improves their culverts, they just get rid of it.
They pay someone to take it away.
I actually found my culverts just driving around and the city
was throwing them away. And I said, hey, can I take
these? They said sure.
Took them, listed them on Facebook Marketplace and they're
gone. I sold them hundreds and
thousands of dollars for all of them combined.
(35:40):
There is a market for finding and or buying and or selling
used a new culverts. You buy directly from the
manufacturer, you store it on your land.
You listen on Facebook marketplace.
If you organic listings don't get enough traction you boost
it. You pay for some boost and
people come pick it up or for anextra 2 to $300 you throw it on
a trailer and deliver it to them.
(36:01):
I'm calling this business Culvert City California.
When I list my land Facebook marketplace.
The vast majority of the demand is from people that want to park
their equipment, not like someone that owns or rents out
one or two skid steers or excavators.
I'm talking about an industrial company or a general contractor
that has three flatbed trailers,4 box trailers, a cement truck.
(36:22):
These guys have all kinds of different equipment.
They always want it fenced and Idon't want them to do that.
So I usually say no. They don't even want what's in
the building. They just want to rent the land
and they prefer for it to be fenced.
That's also a big business. Would you believe that a little
30 amp plug has the ability to make me more money than the
entire building that it's attached to?
And no, of course you don't needa building for a 30 amp plug.
Now list out the space to RV campers on websites like Camp
(36:46):
Spot, the Dirt, Boondockers, Welcome, Campendium, Harvest,
Host, and I think a couple more.Better yet, if you have your own
RV, you can of course rent it out for even more because people
don't have to bring their own RV.
It's basically an RV park but just with one pad if you have
more demand than you can fulfill.
Added more plugs, more pads, septic system connected to the
city sewer, and you got yourselfan RV park, which I've been
(37:08):
buying those for the last seven years.
It's a great business. I paid $160,000 for my lot.
At the time it was worth about $300,000.
And the reasons were two fold #1traffic.
Traffic was bad even back then. I live within 30 minutes of four
of the fastest growing cities inthe country.
The second reason I got a good deal for my property is because
of the shape. It's very, very narrow.
(37:30):
It's a weird shape. People didn't like it.
It was unlocked, loved. It was unwanted.
Today this same lot, despite itslocation on a busy Rd. despite
its awkward shape that it still has, is worth $750,000.
It's far outpaced appreciation of the other homes and lots
around here because I was willing to take that bet.
How can you monetize 22,000 carsdriving by a day?
(37:51):
Where do I even begin for my tree trimming business?
I wrap my truck. I park it out here.
Every time we have a car that weneed to sell, I park it out
here. If a car is worth $20,000
according to Kelley Blue Book value, I can sell it for $22,000
because more eyeballs equals more money.
Think of it this way. If I was selling a widget and I
tweeted about it to my 1000 followers, that widget is worth
$100. I could sell it for $100.
(38:14):
If Elon Musk, the most followed person on Twitter, tweets about
that same object for sale, what could he sell it for?
1000 dollars, $300? No matter what it is, he could
sell it for much more. Not because he's Elon Musk, but
because of that many more eyeballs.
Millions of eyeballs seeing it. That's more demand.
Fixed supply plus increasing demand equals increasing price.
That's economics one O 1. So I used to have a business
(38:36):
called Presto Cars. It was a concierge car buying
service. We would go to the Mannheim and
Odessa auctions and we would buycars at wholesale at the exact
same price, the wholesale price that used auto dealerships get
their cars for. Then I would bring that car
home. I'd pay $13,000 for it.
I would park it right there witha for sale sign and I would sell
it for $17,000. You do that once a week.
(38:58):
That's 16,000 dollars a month ofnet profit.
Are there headaches? Of course I ran out of gas.
They would break down. It was a pain, but it was
profitable and it was all made possible because of this lot
that gets 22,000 cars, 22,000 eyeballs driving by it every
single day. So that's why this is my number
one favorite idea because of theoptionality if you buy a lot,
(39:22):
especially if it's zoned residential because residential
buyers do not value this. In fact, they don't like
traffic. But if you're willing to look at
it from a capitalistic perspective, a monetization
perspective, then you can sell anything you want.
Billboard cars, signage, wrappedvehicles, farm stand, lemonade,
waters, it doesn't matter. Best and highest use.
So every time I see these cars out front, I smile to myself and
(39:45):
think capitalism. If you know someone or think of
someone that likes real estate or raw land or wants to get out,
start a business. Entrepreneur, entrepreneur, it
doesn't matter. It would mean a ton if you share
this episode with them because maybe it could change their
life.
Popular Podcasts
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
The Bobby Bones Show
Listen to 'The Bobby Bones Show' by downloading the daily full replay.