(00:00) imagine taking a $45,000 geodesic dome and turning it into $120,000 per year in Revenue that’s exactly what some hosts on Airbnb are doing with their unique geodesic dome properties in this video I’m going to show you a few of the really really cool geodesic domes that are absolutely crushing it on Airbnb and I’m going to show you exactly where you can get the domes that are being used used for these properties for about $45,000 let’s go ahead and jump into it now I’m looking at air DNA and I’m
(00:44) starting to look through some of the really cool domes that they have available that you can see on Airbnb and you can see all the stats on air DNA here now there’s a couple here you can see this one here that’s a really nice luxury glamping Dome you can see they’ve got another one in the same location it looks like probably by the same owners they’ve done just basically a replica of that these properties are bringing in even more Revenue we’re talking over $136,000 in revenue on the one and over
(01:13) $141,000 on another and you can see there’s all kinds of really cool unique properties and some of which are relatively inexpensive to set up that are performing crazy crazy well you can see these two doing over $120,000 in Revenue each one of them if we jump over uh I’ve actually pulled up one of these properties specifically and it’s the one that’s bringing in $119,000 it was available for 334 days last year had a 96% occupancy rate and it attracted about $375 per day now the thing that I really
(01:50) love about this one Dome specifically is that it is a one bedroom one bathroom sleeps four people so it’s a really small and quite affordable Dome to set up and I’m going to show you just how affordable it is in a moment here I’m going to show you the whole configuration where you can get a dome like this and exactly how much it costs uh but this property did about $120,000 in total bookings with about a $45,000 Dome so let’s take a look at the property and see what they’re doing really well and start kind of exploring
(02:21) it so you can see here that right off the bat it’s a really unique property with really really cool views it’s a really cool space they’ve got the curtain that closes over the window and they’ve really done a great and creative thing with that I’ve actually never seen someone do this before they turned it into a projection screen so so intelligent so smart so that now if you’re closing those blinds to go to bed you’re just kind of sleeping in a bubble so what makes it even cooler is if now
(02:47) you can turn that bubble into your own movie theater so I really love that they did that gives you something extra to do at the property and you can see that you can either sleep down here on the kind of couches I think they they kind of push together as a bed or you can sleep sleep up top in the Loft area the cool thing is you can actually configure a dome when you purchase it with a module like this that has the kitchen even has a bathroom inside of it has a loft bedroom upstairs and so I’m going to show you all of that now with this one
(03:14) they’ve got the kind of kitchen down below they’ve got a wood stove to keep it nice and warm it looks like they’ve got a solar powered fan on top as well to keep it nice and ventilated keep air flowing through there they’ve got some windows uh and it’s just overall a really really beautiful space with a nice little loft bed up top now the loft bed up top isn’t a whole lot it’s just going to be enough for one person to sleep and even at that it’s not going to be super super comfortable by the looks
(03:38) of it it’s quite small but then what they’ve got is this separate small Dome structure off to the side that this one has a little bathroom in it where you can soak in your tub you’ve got the bathroom you’ve got running water so you’ve really got everything you need you’ve got the comfort of a proper space uh it’s not like you’re you’re really just camping and roughing it it really is glamping it really is glamorous camp camping outside and then they’ve got a deck with a fireplace they’ve got a nice
(04:03) area to sit they’ve now added a hot tub to the place so that’s really nice an extra thing to do because you are kind of out in the middle of nowhere um and so now you can see the whole Space here where you’ve got the uh the kind of bathroom setup here you’ve got the actual main Dome you’ve got your sitting area and then you’ve got your hot tub I believe is right around here somewhere um so overall really really cool space and it’s phenomenal that they’ve got it running all year round and that they’ve
(04:29) been able to do about 100 $120,000 in bookings on it in a given year now you got to imagine that really you’re not going to have a whole lot of cost with the property like this Beyond just the initial setup you are going to have to put a structure in place to put the Dome on so you want to be mindful that that’s going to be in addition to the cost we’re going to go over afterwards but having done something similar on a slightly smaller scale to what we’re seeing here because I have a dome myself in the backyard of one of my
(04:54) properties that I have on Airbnb uh I can tell you that it’s not overly expensive to build a deck like this it’s pretty basic footings they’ve got just a basic round deck so it really isn’t going to take much maybe about 15 to $20,000 to set up the deck if that materials labor everything included if you choose to do it yourself you’re going to save even more cost there then you’ve got the hot tub and then you’ve got some furniture which in this case is very very minimal for the furniture and
(05:22) then the actual Dome unit itself are you a brand new or experienced Airbnb host co-host or investor who wants to host as successfully as profitably and with as much fun as possible if so then I would love to invite you to check out BNB tribe Linked In the description down below this video it’s our exclusive Community for Airbnb hosts investors and co-hosts from all over the world where I share some of my best trainings that go into detail on every single aspect of Airbnb hosting from A to Z we’ve got
(05:57) Advanced Training playbooks that will help you to use more advanced strategies is to take things to the next level and make more money and have more fun hosting co-hosting or investing on Airbnb you’re also going to get access to an incredible community and over $2500 worth of deals perks discounts bonuses that I’ve negotiated with other vendors in the short-term rental industry so if you want access to all of that and a whole bunch more check out the link in the description down below for B&B tribe and I would love to see
(06:25) you on the inside now I understand some of you guys are going to be saying in the comments section that well you also have to account for running electricity or running water or different things and that is definitely true if you have a property that is completely off great it doesn’t have Services running to it or doesn’t have Services running to the space where you put it then you’re also going to have to spend additional to that but even if you’re spending an extra let’s say you’re doubling the cost
(06:48) you’re putting in a total of $100,000 into that property if it’s able to generate $120,000 in bookings and then the only real expense you have on that is going to be your cleaning fees Maybe a little bit of utilities expenses and not a whole lot else then you’re going to very quickly pay back that investment and have a property that’s cash flowing really well because you got to remember that with real estate investing and short- tental investing is no different the main cost that you’re going to have in running your property
(07:18) is going to be your mortgage and so if you can get a house essentially purchased for about $45,000 call it $100,000 by the time you set up all the structure and everything and you’re really not going to have have much in the way of Debt Pay down uh and so it can really quickly turn into a cash cow now if we jump over here I want to show you guys how cool it is to be able to look at let’s jump over here so this is a dome that I’ve checked out on F does uh and I’ve configured it to be exactly what it looks like is in that
(07:50) specific property now I might have gotten it a little bit off it might be a slightly bigger Dome might be a little bit different and because the F the fd’s company that I’m looking at here I really like the way they configure it but they don’t have a separate module for a bathroom I actually decide to upgrade the size of the Dome that I speed out here a bit and include a module inside of it that has a bathroom inside so if we go over to the interior view here you can see that we’ve got the actual Dome it’s fully insulated as well
(08:20) so that’s an add-on that costs a little bit more as to insulate it so you can deal with Four Seasons we’ve got the wood stove here as well you can see it right there in the corner that’s another add-on and again this is all configurable right from fomes which is really really cool we’ve got the module inside that gives you a kitchen over here it gives you a bathroom inside which I don’t think we can quite see it’s a little bit wonky on the uh on the interior here um but then the other cool
(08:46) thing is that I don’t know if you can make it out quite but there’s actually a loft bedroom right up top here so you can make the Dome bigger you can go a little bit smaller you can do play around with the different interior modules that you get but this basically is stacked out to have all the different amenities that are included in the other Dome we were just looking at where it’s got a small kitchen it’s got a loft bedroom it’s got an actual bathroom inside here um plus the insulation it’s
(09:10) got the solar vent for the Fanning uh it’s got the heating from the wood stove it’s got the curtains all the way across it’s also got a PVC floor liner so you would have to put flooring on top of that likely if you want to have like a good nice walking surface um and it’s got the anchoring kit to Anchor into the deck everything uh and it comes out to a total as you can see here of just below $45,000 so if you can spec it out like that and again you can really really get creative with how you actually configure
(09:38) these things they’ve got all kinds of different Dome sizes interior styling exterior styling and colors uh different modules you can add there and so you can really go as far as you want and the cool thing is you can also go much smaller so you can start to get really small units that you would then just put a bed inside of add them on to an existing property and then the nice thing with those is you could be small enough that you don’t need to actually get permitting for the property at all which can be really helpful just in
(10:03) speeding up your timeline and reducing your cost as well so this is really really cool and a lot of people are starting to leverage this to make additional cash flow that being said I’ve got other videos where we dive into the nitty-gritty of exactly what makes properties like these perform which largely is the uniqueness of them the really cool Factor so you don’t want to just jump into this without the research you want to look into which types of properties are actually going to perform well and whether a dome would do well in
(10:30) the market you’re looking at or not but if you can find a really good setup and you can get it up and going it’s easy to see how this quickly turns into quite the cash cow now if you’re interested in learning more about all things short-term rental Airbnb hosting Property Management co-hosting investing whatever it might be you want access to all of our best training an incredible community of other like-minded hosts and investors and co-hosts then check out BMB tribe we’ve got all kinds of deals
(10:55) and discounts on all kinds of products like uh domes uh like all kinds of hardware software Services products whatever you might be we’ve got over $2,000 in different deals discounts and savings for you inside there as well um so check it out it’s super super affordable to join it’s an amazing Community it’s got all of our best training in there so I highly recommend you check that out link inin is in the description right down below this video If you like this video you think this kind of thing is cool you want to see me
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(11:43) stay up to date with the two new videos WE Post every single week Tuesdays and Thursdays all that said thank you so much for watching this video and I’ll see you over in the next one [Music] oh [Music]