How to Acquire Land and Build Your Own Unique STR Structures - a podcast by Jasper Ribbers
from 2021-08-02T05:00:34
The future of travel is in unique experiences. And the more Instagrammable your short-term rental listing, the more likely you are to succeed in the long term.
So, what if you could design your space from the ground up, building your own A-frame, log cabin or tree house to rent out on Airbnb?
Alex Jarbo is an Airbnb Superhost out of Asheville, North Carolina, who builds his own unique vacation rental properties. He is also the host of Alex Builds, a YouTube channel dedicated to documenting his journey as a vacation rental developer and manager.
On this episode of Get Paid for Your Pad, Alex joins me to explain what inspired him to build his own vacation rentals, walking us through the process of buying land and sharing his checklist of things to consider before you build.
He offers advice on finding the right architect and contractor for your job and working with lenders to finance a STR build.
Listen in for insight on navigating county zoning laws to secure the proper permitting for your Airbnb and get his advice for hosts looking to build their own unique short-term rental properties!
Topics Covered
What inspired Alex to build his own STR properties
- Got into bidding wars for homes on market
- Realized could design to be vacation rental
The process of buying land to build STR properties
- Find real estate agent specializing in land
- Secure necessary permitting
Alex’s insight around county zoning laws
- Make sure land zoned for vacation rentals
- County website, talk to local authorities
Things to consider when you buy land for STRs
- Access to state-maintained road
- Access to electricity
- Availability of satellite TV/internet
- Ability to accept septic system
- Depth of water well
Alex’s advice around finding an architect
- Connect through Fiverr
- Purchase pre-made plans
Alex’s tips for working with contractors
- Be sure passionate about unique houses
- Choose one who communicates well
- Set up closing draw or line of credit
Working with lenders to finance an Airbnb build
- Host Financial (uses AirDNA projections)
- Use regular home loan, live there for 6 mos.
Alex’s advice for hosts looking to build STRs
- Research to find perfect land
- Uniqueness of property is key
Connect with Alex
Email alexbuildschannel@gmail.com
Resources
Alex’s Video on Finding an Architect for Airbnb Builds
Alex’s Video on Financing Your STR with a Regular Home Loan
Host Financial on Get Paid for Your Pad EP315
Get Paid for Your Pad on YouTube
Email jasper@getpaidforyourpad.com
Sponsor
Hostfully [Discount Code PAD]
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Further episodes of Get Paid For Your Pad | Airbnb Hosting | Vacation Rentals | Apartment Sharing
Further podcasts by Jasper Ribbers
Website of Jasper Ribbers