Tiny House Dream? Group Buying Makes It Affordable!
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Tiny House Dream? Group Buying Makes It Affordable!
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This episode is about a potential eco-friendly tiny house community in Nevada County, California.
● We talk about a crowdfunding campaign for a 56-acre property that is envisioned as a sustainable community for tiny house living.
● The property features a spring-fed creek and is described as being close to the amenities of Nevada City while offering opportunities for a tranquil, off-grid lifestyle.
● A key aspect of the project is the concept of group buying, which aims to make land ownership more accessible by reducing individual costs.
● We look at a breakdown of the financial implications for different numbers of investors, outlining potential down payments, monthly mortgage costs, and possible rental income.
● For instance, with 25 investors, the down payment per person would be $2,072, the monthly mortgage would be approximately $59.43, and the potential rental income is estimated at $300 per month.