Skip to main content

Considering geodesic domes as investment properties?

I've been scouting for unique ways to invest in property that could generate some passive income without the usual headaches of traditional rentals. Lately, I've got my eye on turning a plot of land into a glamping setup – think short-term vacation spots for folks wanting a break from city life, like couples on weekend getaways or families looking for adventure. The plan is to start small with one or two units on affordable acreage in a scenic area, maybe near a national park or lake, where demand for experiential stays is high. I'd handle basics like off-grid solar for power, composting toilets, and simple furnishings to keep costs down, aiming for $150-300/night rates based on comps I've seen on Airbnb.

What draws me to this is the low maintenance and quick build time; for instance, a geodesic glamping dome can go up in days with modular parts, offering that cool, futuristic vibe while being sturdy against weather. Materials like galvanized steel frames and UV-resistant covers make them durable, and you can size them from 20-40 feet diameter to fit different group sizes. Upfront costs might run 20-50k per dome including site prep, but ROI could be solid if occupancy hits 50-70% seasonally.

Anyone here invested in alternative structures like this for rentals? How do zoning laws play out in your area, and any pitfalls with financing or insurance?

submitted by /u/TheCityzens
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/1psx7rb/considering_geodesic_domes_as_investment/
Labels:

Comments

Post a Comment

Popular posts from this blog

North Carolina – “One to Buy; Two to Sell”

I realize I will likely have to contact a real estate attorney but also hoping to hear insights and experiences from others! I have a house in NC that I bought by myself in 2009, and paid off, in full, in 2022. I got married in 2023. My spouse and I have not lived in the house as our "marital residence". We have maintained separate residences even after we got married. (That a separate topic!). I am now selling this house. Realtors have told us that my husband has to sign the deed at time of transfer but I am not convinced since the house has not been our marital residence. The realtors like to use the phrase "one to buy; two to sell", which seems like a broad-stroke statement which is not applicable under all circumstances. And of course, the realtors don’t realize the details of my specific circumstances: I purchased and paid for the house in full prior to marriage Only my name is on the deed And most importantly, we have never lived in the house as a marit...
Post a Comment
Read more

Question With Tricon "Pending ID".....

My wife and i, along with 2 other peopl applied to rent a house, and our application says "Approved, Pending ID". Anyone else know what that means? Do we pretty much have the place or are we missing something? submitted by /u/Itskrueger [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1orixqj/question_with_tricon_pending_id/
Post a Comment
Read more

Aren't comps/CMAs useless with buyer credits at close happening now?

I'm looking into buying a new construction townhouse in my HCOL US city. I'm seeing builders offering interest rate buydowns worth $20k-$60k on $800k homes (rather than just lowering prices) in order to keep their comps high for their other units, now that buyer demand has been declining. I asked my agent about these, and he said these buydowns aren't even the full story: buyers can write all kinds of other credits into an offer, like their closing costs, prepaid sewer fees, etc. Apparently cash buyers can just write in a "buyer credit at close" for any amount in their offer. So a new townhouse that appeared to sell for $800k in the MLS might have actually been a cash offer with a $100k+ buyer credit at close, meaning the buyer only spent $700k or less in total, but to the rest of the world they can only see the $800k! So that made me realize I can't trust comps/CMAs for other new construction townhouses. The sales prices could be way lower than they appear...
1 comment
Read more