Times of India·4 min read

Couple bought 5 acres for $27,000; three cabins later made over $2.1 million

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TOI WORLD DESK
Couple bought 5 acres for $27,000; three cabins later made over $2.1 million
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When Chris Broomfield, 51, a Connecticut carpenter, and his wife bought 5 acres of land in upstate New York, he already knew what he was going to do with the property. They bought the land in 2015 for $27,000. Eight years later, the rental cabins he built on that land had generated more than $2.1 million in revenue! Something that began as a weekend project to give his children a financial head start became a thriving hospitality business, a million-dollar business serving Airbnb guests across the region.How a carpenter built a cabin empireChris Broomfield had spent decades doing carpentry contracting work. But there was a problem with passing that legacy forward. "Carpentry is a knowledge- and experience-based [business]," he told CNBC Make It. "I couldn't really hand that down to my kids.

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