The “NEW” Tiny House Needs Repairs!

Mike Andes walks through a newly purchased tiny house Airbnb and finds it needs more work than expected. He breaks down repair costs and revenue projections, then shares a coaching call about mindset and hiring for small business owners looking to scale.
Questions this video answers
August 23, 2022.
$3,000.
$74,000.
Between $5,000 and $10,000.
Approximately $4,000–$5,000.
Chapters
And people tore into me in this video, tore into me on Facebook. I got called every, like, every which name you could possibly think of.
We are still in need of an.
Office managed for anytime Fitness boy. We had someone scheduled and ready to roll. And they called and said they found something else. So the search continues. That's what I'm doing today. A couple interviews before our team meeting at the gym. We just got this new cooler. It's actually super cool. It's super awesome. So then what they do is they just scan the QR code over here and that lets them buy the Dr. Drink without having to have a staff member here. Actually really looking forward to it.
When I do coaching calls with our franchisees or business owners in general, I would say that 80% of the issues are mental.
Mental stuff. And things that happen in people's lives that cause them to go defensive and.
Start to shrink and start to be afraid. And very rare is it actually financial.
And marketing and those sort of things. It's usually psychological mental blocks and hurdles.
So this coaching call specifically is with one of our owners.
And I was just trying to get.
Him past a mental block in his mind.
Actually was speaking with him and his wife. Great people, I love them a lot and just wanting to help them get.
To the next level by getting through some of these barriers.
And so.
And the change part won't be comfortable. I understand that. Whether it be hiring when you feel like you don't need it, whether that be marketing when we don't feel like we should be. I understand it. But it's the mindset of we have to break out of whatever happened in July. You've also got to realize that as an owner, you. You've got to reach out for help and you've got to be like, hey, this is not working. And don't feel like anyone's going to look at you negatively. There's owners that every single day contact us, and you're like, I'm on my last dollar. And then like, I don't have a single dollar. I got to get collections. I've got to get jobs. And none of my employees showed up. It happens every day, right? And so you're not an island to yourself. And if you need help with something, they can give it, right? But they're going to push you. They're going to push you, right? Because they want to see you succeed and they know what it takes to get there. And so I understand getting employee right now feels uncomfortable. I know. Understand that once you get a good employee, it's like, okay, how do I get jobs? We're going to go figure it out. We're going to get jobs, we're going to knock on doors, we're going to close better by calling on people, getting estimates out faster, getting them on the schedule faster.
What I'm hearing you saying from what you're saying is that it's okay if we need to change that mentality of, like, save the budget, let's just do what we got to do and hire the people that we need in order to shift gears, for lack of better word, you know, so maybe that's, that's the part that had he reached out, the tone would have been a little different because I'm hearing that the numbers are important, but it's not more important than your mindset of how you're gonna go forward.
Right now we're assuming you're assuming that you're gonna find this amazing employee and that you're not gonna have any work for them. And we haven't crossed the first bridge, and that's finding a great employee. Right, let's do that. And then, like, worst case scenario, we don't have enough work for them. Like, sorry, we only have 25 hours worth of work this week for you. Like, that's worst case scenario. But we haven't even crossed the first bridge of finding a good employee. And so I feel like when someone has a mindset that they're crossing the bridges way too soon, you're crossing the bridge of that conversation with them, that you don't have enough work for them prior to finding them. And it's prohibiting you from crossing the first bridge of finding a good person because you're going into an interview and you're literally like, I don't know if I can keep this person busy.
Yeah, yeah.
And so you got to have that confidence. And that's why they're going to treat you that way. They're not going to treat you as like, hey, like, how are you feeling? Like, what's, you know, what's going to, like, let's just get this done. Like, let's do this. And that's the kind of mentality we have here. Because I need you to cross the first bridge before we even start thinking about the second bridge. We keep worrying about the third and the fourth and the fifth bridge and what happens when we have five trucks. You're never gonna take any action. You know, just. Just get comfortable with being uncomfortable over the next six months. Because if, if we're gonna have that year next Year. The next six months are gonna be where we've gotta get uncomfortable. And honestly, getting uncomfortable is a lot easier than having the stress you've had the past two or three weeks probably of just like, what is Mike thinking about me? And like, you know, when I'm gonna get fired? Like that needs to be.
I'm an owner.
I own this thing. I'm gonna take this thing over. Right. Cause it'll affect the way you interview, it'll affect the way you work, it'll affect the way you sell. If your mindset is constantly in a state of fear instead of expansion.
Thank you for that. Cool.
Let's do. Let's go execute.
Let's execute. Stay in touch.
All right, so came down to the Airbnb this evening just to take a look around and actually ordered everything on Amazon. So $3,000 is what I spend spent to basically fully furnish this whole thing. So we gotta get the wiring done. That's why the panels off there. But you gotta really simplify things when it comes to the tiny house. Cause every single square foot needs to be thought about. So for example, like the TV is gonna be up on that wall. Obviously there's a removable ladder and then there'll be a couch here and everything's gonna be really tight. So up here we'll have a queen size bed.
We have everything cleaned up.
Get some blinds on these windows, the fan here. So keep good circulation. There's also AC and heating. We'll put another queen size bed up there.
So theoretically we're going to say that.
We can house four people, honestly, comfortably, I'd say 90% of the time there's going to be only two people here, but it's looking pretty good.
We got to do quite a bit.
Of work on this place though. Like right now this is a matte finish on the wall and that just shows every single like, you know, piece of dust and etc. So going to paint the whole thing with semi gloss. We're also going to stain this butcher block so that way it doesn't. It's not as porous to if someone's cooking. And then like something's wrong with this stove. I think the back corner there's a leg that's broken. So got to fix that. But yeah, lots of cleaning just because all the windows are obviously new. But most importantly is this matte finish on any sort of a rental property is bad news. You got to use semi gloss in order just to make it where you don't see every single smudge. You can Even see on the stairs going up to the loft, like every single little piece of dirt and dust is going to be able to be seen, especially with people's feet knocking up against it. So you got to do semi gloss. It's easy to wipe down. Really simple. So right now in terms of the investment in this $74,000 here delivered, includes taxes and everything like that. $3,000 to furnish it. And I'm probably looking at another probably 5 and $10,000 to get the water hooked up, the electric hooked up and deck put in.
And then down the road I'll probably.
Install the hot tub for, you know, four or $5,000, get a really nice one, because I truly believe we get 250 to $300 per night. And if you get 20 nights in a month, that's $6,000 of revenue. So you literally could pay this thing off in one year, maybe 15 months, if you can just market it correctly. So that's the goal. Now stepping out of the Airbnb, out of the tiny house here. Really cool. Cool to know. Just found out that the neighbor of this property is actually one of the followers of the show and the videos and actually knew who I was.
So that was really cool.
So shout out to Marvin. He's watching. I was just able to talk to him across the way.
So that's really cool.
He actually started his lawn care and landscape business last year because of the channel. So shout out to Marvin, Marvin's Gardens. That was the name of the video of the company. So shout out to you, Marvin, and looking forward to being a great neighbor.
Okay, it's 8:30 in the evening. I'm headed back home and wrapping up the week.
I was looking at some of my.
YouTube comments and someone in the YouTube comments said, hey, the comments in this section are so nice to you, but.
On Facebook people like chewing you out.
And it was about the video that I made a couple weeks back when an employee was two minutes, or an applicant, I should say was two minutes late to their interview. And I basically said, hey, like you're.
Not gonna work here.
And people tore into me in this video, tore into me on Facebook. So make sure you watch the video that I made as a reaction to.
All the comments because I got called.
Everywhere like every which name you could possibly think of. And I wanted to give more clarity, information and maybe some insight is maybe.
I was wrong on a couple things.
So on the end screen of this video, make sure you check out that video with some more explanation and color.
To what actually happened.
I'm just making a video right now.
It's late for lawn care Web design. Clients talking about once their site is actually loaded and public, what they can expect with the first six months in terms of ranking on Google and what they can do to improve that. There's so many different things you can do. So that's what I'm making the video for about now.
If you want to.
If you're interested in lawn care Web.
Design, check it out. Lawn CareWeb Design.com also home service web design.com so any home improvement business, we can build your website for you. It's $399 a month. There's no contract. You can cancel at any time. And we really believe the value we provide is is far above that of most other companies that sell you a $10,000 package and then try to upsell you on a whole bunch of stuff afterwards. So check it out.










