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In this video, I document our journey as Rachel and I try to build a vacation rental in Joshua Tree, California.
Our architects were awesome, so I want to give them a shoutout:
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If you scroll up and hit the thumbs up button on this video, I will make more videos this month. If you don't, I will still make more videos this month. Just do it anyways.
This is honestly a great outcome from this. Honestly impressed that a plan that didnt work out still turned out. Kudos to you guys rolling with the punches so well. This channel is delightfully real and is such a needed change in pace from all the overblown money tutorials that bounce around online. Very quickly becoming a favorite. 👍
need more..amazing project!
I feel like you are really underrated. Love your videos!
Hi Daniel! I happened to see your video pop up on my KZhead side bar just a bit ago. I live in Yucca Valley (18.5 yrs now, wow!) My husband and I own a local Home Inspection Company and I am a local Real Estate Appraiser as well. We know Steve Z very well. We have done a lot of work with him and his Wife Monica. I appreciate how you chronicled your journey and I hope things will eventually work out for you to revisit us again in the future! By the way, love your little doggies!! All our best to you and your family!, Marion
Congrats!! Thank you for a lovely video.. Cheers from the high desert!
Thanks for your authenticity throughout the whole process. Things are so glamorized in today's world, but your genuineness stands out and is a big reason why I follow you. Respect.
thanks for the kind words 🙏🏻
I second that!
That was a cool video. It is interesting the way you're able to document what ends up not being what you wanted, but still showcase how things can be turned around and adapted.
Yeah, appreciate the realness, Daniel.
I love how you went through everything. How it didn't work out the way you thought and the lessons along the way. One of my favorite videos of yours.
thanks!
Message me on telegram to join our investment community @Daniel Inskeep
Buy land for $50k, and do absolutely nothing to it. Sell land for $100K. What an investment that turned out to be!
i definitely didn't anticipate that!
2.6 trillion dollars flooded into the economy does amazing things. Inflation :D
Land typically appreciates like this. Been watching my dad buy and sell land a few times and it seems to be a common theme. Daniel maybe buy a couple more plots of land and see how much you can flip them for in 6 months time:)
What about the money you gave to the architects. It should cost you as much though??
@@DanielInskeep great project. Very inspiring. But how much you paid to the European architects even though its not finish they came up with a detailed work?
Such a lovely story of how everything worked out! Look forward to seeing the new house process. Also, really appreciate how you shared all of the numbers with us :)
thank you for being soft spoken and your calm energy
Love your vids man. Edified beautifully and content is so good.
This was such a beautiful story reminding us to never stop chasing our dreams. Thank you.
The best part of this is you saying how affordable it is in Joshua Tree, but all of us locals can no longer afford it 🙃 The amount of post on our local Facebook group of people looking for an affordable home or rental is horrible. So many homes that were once rented are now airbnb's. Families living in hotels because they can't afford a home here anymore or it was sold to become an airbnb.
Bro.. i don't know you, you don't know me and I'm just someone random on the internet across the world 🌍 .. but man, it's so rare to see someone so sincere, honest, transparent, open-minded and determined on this platform. I really enjoy the quality of your videos and also their depth. I sympathize with you, i can feel from your voice that you've been through a lot of ups and especially of downs. Stay true to your cause, brother ✌️ All the love, from across the world ✈️
i appreciate the kind comment 🙌
This is exactly why I LOVE your channel and have subscribed when you had 30k subs, you are just being really honest and showing projects even if they don't work out exactly as wanted. I learned so much from you, thanks for being a financial ANTI-GURU, it really means a lot!
Great video man. Much appreciated.
Loved this! One of my favourite videos of yours. Sorry to hear it didn't work out in the end but based on all of your other videos and success you've had with other ventures, I'm sure this dream will come true in the future. I totally understand having to push stuff like this due to renovation costs of a first home; currently renovating my first home with my wife and it has turned into a much bigger project than we thought. Would love to have a vacation home that can be used for Air BnB, this is also a dream of mine so it's cool to see the process!
This was so enjoyable to watch! Best of luck with your future projects and investments!
Love your videos. The editing is really well done.
thank you! this one took me awhile :)
Really enjoyed the family growing vibe, you should share these projects too!
Love your videos and how much effort you always put into the things you do. Sorry it didn't work out this time but it sounds like bigger and better things are on the horizon.
thanks doug!
First video I've seen of you guys. Great job!
Woahh. What a journey. Your documentary inspired me to think big. :) Thanks man.
This is really interesting to see! As someone who built a smaller project that was completed in early 2020, I can't imagine how much harder it would be to start construction in 2020 or even now, so I think you made the right call.
hope your project went well!
Such an interesting video and I really respect your ability to adapt to the situation and make the best out of it! I'm hoping everything goes well with your new house.
thank you!
Great video. Thanks for sharing! I'm a little less financially 'abled' so I appreciate these videos. When you reboot the idea to build your triangle getaway home, I'll be here to watch that too.
can't wait!
I love the desert it's so peaceful
Great video - loved the journey
Nice adaptation of plans and glad that it ended very well (no spoiler, see the full video)! Look forward to hear about the new house!
Glad you got the lot sold easily! I was down in 2020 to help my buddy photograph his air BNB he had built in Joshua Tree (He's since had 2 more built) and it's an awesome area.
cant wait to see your new home
Man I have been watching all your videos and I love the way you made it now plus the effects. I would love to see how much your and your partner youtube channel made! Take care!
So informative thanks
This is so cool to get an inside look into
Wow such a cool floor plan!! 🤩
Literally just came back from Joshua Tree yesterday. Hope you guys one day get that place built up because it looks awesome!
Nooo I got to the end of the video and wasn't expecting a sad ending. I wanted to see the finished product. Glad you got another dream home though.
Great video really enjoyed it.
As someone that has JoshuaTree as hometown, and seeing the beauty spread into a larger community: would you all consider how hard it is for people to purchase or rent to live (permanently) in the area now that so many houses and lots are airbnb. Workers of the area need places to live so they can serve the touring community. So, be mindful in flooding the land to develop solely for tourist, consider building for the people that actually live there.
As someone who has been DIY building an investment property in JT area over the past year, I agree with you. The whole region is a contrast of borderline poverty residents and upper middle class investors. I regularly think on how could I build my investment and, at the same time, ensure my privilege isn't causing a burden on the community? I don't have an answer. One suggestion is to have ordinances passed by the city to limit the number of vacation rentals to a porportion of primary residences within the city boundaries.
@@constablebrew limited permits is an option that I know has come up in the area. I wonder if investers have considered building a lot for a rental house and a vacation rental. Then the local resident can watch over the vacation rental at a reduced rental rate.
Take action before it becomes gentrified.
That’s what I want to do. I want to build a LTR there
excellent as always 😀
Such a fun documenting process. 🍻 Here's to the future video of the building of that airbnb, the design looks sweet
Someone didn't watch the whole vid lol
7:00 my guy was like "hol up, imma pay for the land with puts" lol
Amazing video!
You are really the best KZheadr! no faking and so honest
Thanks for sharing
Nice video. Very savvy! Sounds like you timed two markets perfectly and you're sitting on some cash for the next round :)
Great video! That plan was pretty amazing and I think would have been unique for that area. Hopefully, someone that sees this will want to partner with you to make it happen because I know those plans weren't cheap. Good luck!
I really enjoyed this video because it felt honest and authentic. Sometimes it feels like people only ever talk about the success stories or winning the hustle and showing off. Life doesn't work that way. It's good to see stories about wins and loses. Successes and Fails. Thanks for posting. Keep 'em coming!
Great video man, everything about it editing, story, honesty. Nice!
thanks for making this, rly interesting story. sad you didn't get to build it but happy you got your dream home! looking forward to hearing more
This was a legendary flip!!!
Really loved hearing your story! I'm in the process of building in Joshua Tree right now for a short term rental. I bought land a year ago and just submitted plans for permitting. It's been a long process with a lot of uncertainty and I don't think enough people talk about how difficult it is. If I were to re-do things, I'd think twice about building from scratch. Glad I stumbled across your video!
How was the permitting process? Daniel didn't cover it in much detail
@@rohanchheda that's because i never got to the permitting process.
Hi Ana, I am thinking about buying land in joshua tree but looking to buy prefabricated complete homes that are just deliver and drop. I would love to contact you regarding regulations and ordinances there. I see there are a few such as no rv's, yurts, and limit to 2 str property max for above 2 acres. However I do see listings that have exactly that: yurts and or basically camp sites. Are they cracking down on these listings or are they not enforcing this yet?
NO doubts, I studied architecture and the house plans are amazing, I hope you will be able to construct it in the coming future and ... maybe invite me one day ;) Good luck with that project!
Dude, this was a really fun video to watch and a bit emotional too. Thanks for making a usually dry topic more personal.
glad you enjoyed!
I LOVE IT!
Nicely built! as a door& window manufacturer, we can help reduce cost for your future projects!
somebody didn't watch the whole video...
I'm thinking of doing the same thing you guys tried, just on a small scale as close to my house as possible. I'm kinda bummed it didn't work for you guys because I was rooting for you! Still, doubling your money is pretty damn good too. Not so much a failure, i guess.
Did you use a realtor in listing your property in joshua tree? And may I ask when you sold it? Thanks so much! Great information and storytelling
i don't leave comment often, but this video deserves it. Awesome storytelling + the whole ideea behind the video is great. Good one!
thank you!
Great video!
aye thanks mike!
Such a cute story. You had me to the end.
Great ViD!!! I have (2) Frenchies, Pied and Brown ... :-)
Really great attention to detail. Great video. Also, can't believe you managed to sell a piece of 10 acre desert land for 100k after buying it for 50 xD
This video was amazing. Thank you for taking us along for the ride
thanks 🙏🏻
This was great -- looking forward to hearing about the new house. I'm also in the same boat - so any advice / outlook on the hurdles of picking a new area to live/buy would be great!
thanks! best of luck to you. since we mostly work from home, we prioritized the home itself more than the area.
Bout to leave NY and try to find a new property where I can incorporate an airbnb. Appreciate all your content.
Just now putting a property I bought in the San Bernardino mountains in 2019 on the market. Had intentions of building my dream retirement home with music studio for my son, but Covid hit. Could not move forward. Here it is 2022 and still cannot move forward. Building prices have doubled. Even if anyone would call me back, couldn't afford the build. My dream, too, has gone down the tubes. Thanks Covid! 😟
That house blueprint is gorgeous! I hope you build it one day. How much was for architect work? Absolutely ❤️ that work. With a pool and all, I think cost is really decent for California
Nice story Daniel.
I really enjoyed watching this. Storytelling on point as usual, but what an interesting story to tell! You guys are simply the best
i appreciate it, matthew
Such a beautiful story and I am so happy you found your dream home even if this didn't work out. Congrats on the new place!
Great story
Thanks for being part of the problem.
What problem again? Building a new home out here only creates more jobs.
This video is awesome. Love it. Keep up the good work! The only thing I’m disappointed with is that I can’t rent your unit!
Air bbb & Rentals just like this are driving the cost of housing up. Using housing as a rental/investment opportunity fucks over all the poor people who need affordable shelter.It’s a bigger issue with huge property investment firms driving up prices but wealthy upper middle class and rich people also contribute to the problem. Please consider the impact you have on the local community. Glad you guys ended up buying a home you’ll actually live in instead of building a home that no one will live in full time.
Woah the dedication to this channel 💪🏽
Nice video! I think it's really cool you shared something like this, even though it did not ended up being build.
Great production and editing - super engaging
Killer storytelling in this one Daniel. Hats off!
🙏🏻
nice video!!! those plans looked nice! you can always build it in the future
this is a solid story.. I have been looking at prefab homes off and on for the past few years (though I love in a traditional home) and you are right.., the quality now is so much better.. and for some reason I am leaving prefab home over old storage container homes.. glad this all worked out.. way not to rush into anything, and do your research. keep up the great work
What tools were used for the market analysis @ 2:24?
Dude I watch every video you put out…even if I’m not participating in the subject you are discussing, I still watch. You make it very interesting and I always consider if it’s something I might do myself. Thanks for the vids, insights, transparency and real world perspectives.
That must've been heartbreaking at the time you decided to pull the plug. The world shut down did the same thing to us (we live in Las Vegas and were trying to do something similar in Kingman AZ). We've stepped away from it twice now due to the ever changing world and are now on hold until we hit the bottom of the upcoming recession and then we'll try again in a new market with a new plan. Keep moving forward, that's the key no matter where it takes you. Save those house plans, you'll find a time and place.
We bought some land outside of Charleston, SC last year. I was so excited to build but these new interest rates may put that on hold.
After watching your this video .. i decided to subscribe your channel ... :)
I really liked the house plans! Hopefully you can get this going in the future.
Nice A24 long sleeve
I’ve stayed at an Airbnb while visiting Joshua tree 😊
Great video!... Did you a favorite real estate agent in joshua tree? We are in the process of buying land to build a vacation/retirement home there.
we used paul goff and liked working with him.
I love when I find creators/videos I can “like” and subscribe without them having to remind me. Great video 👏
That was such a good video! Thanks for bringing us along. Was really hoping to see this project turn into a series on the channel, building and renting and monetizing etc. But, excited for your other plans! good luck
Bought my house brand new smart home 4 bedroom with all the upgrades in AZ for 260k….in April 2020….these same houses are selling for 600k now …. There’s no way I could afford it now … I had to get out of CA but I guess that’s the prob everyone had to…. I had thought about going the joshua tree route too but it just wasn’t as economical
Have you done a video on the type of research you do for purchases like this?
Cool video
Yo! Awesome video! Can I buy those house plans from ya? :)
Dude I absolutely love your channel man. So glad I found it. Great video as always.
Was wondering about the home purchase from back in the day. Thanks for the update and a great video!
Wau, you had really nice returns on investment. But still I am little bit sorry that you don’t build the house. It’s looks incredible…
What a great story. There was so much potential in that idea so I'm sorry it fell through but at the end of the day, turning $18,000 into $100,000 in such a short time is pretty epic. I'd like to see an update in the future on what you ended up doing with that. Cheers from Bali! 🍻
@daniel Inskeep What was the tool you used to look at market trends for the airbnb market?
i think it was airdna
You should’ve got the 1st house. It would’ve been cash flowing for you. If you’re familiar with Airbnb hosting, you want a simple product that gets booked, easy to clean and maintain. That first builder probably could’ve streamlined you through since he didn’t allow too many changes and has same floor plan with the city. I like builders with track records because they know how and who to deal with the city. Architects will be happy to bill you changes and say they can make you anything, but you confuse the city and they’ll put you in the back burner. When it comes to new build, go cookie cutter bang for buck. It’s hard to hit a home run on 1st shot when permitting is basically how cities make it near impossible for the common man to build a house. If they made it easy for DIY builders, then they wouldn’t have a job.
Loved every minute of it... thanks guys :-)
What kind of software and market analysis tools did you use that was shown in your video to evaluate the idea? thanks.
i believe it was airdna.