Article may be outdated

This article is 4 days old. Some details may have changed since publication.

Times of India·3 min read·easy

Texas man put $12,000 down on 10 acres; glamping grosses over $100,000 yearly

T
TOI WORLD DESK
Texas man put $12,000 down on 10 acres; glamping grosses over $100,000 yearly
✦AI Summary

Real estate investor Garrett Brown successfully launched a glamping business on a 10-acre property using a 'land hacking' strategy. By purchasing residential land with existing utilities, he minimized startup costs and generated significant annual revenue.

Why it matters

It showcases alternative real estate investment strategies that allow individuals to generate passive income with relatively low upfront capital.

✦Dive DeeperCreate a free account to unlock

A US real estate investor has built a successful outdoor hospitality business on the outskirts of Houston, Texas, after buying a 10-acre residential property with an upfront payment of just $12,000 (£9,200). Garrett Brown has a full-time job and also teaches through the property education platform BiggerPockets. He used a strategy he calls "land hacking" to build Cameron Ranch Glamping. According to an industry report published by Modern Campground, the business now earns more than $100,000 a year in gross revenue, without Brown having to leave his main job. By choosing residential property instead of undeveloped rural land, Brown avoided the long process of installing utilities and dealing with complex local planning rules. These challenges often delay new outdoor accommodation projects.Land hacking strategyTo start the business, Brown bought a house on 10 acres of unrestricted land for $550,000.

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
businesstravelstartups
✦

Get smarter about the news

Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.

Create free account

Already have an account? Sign in