37: Cheaper, Faster, and Better for Investors: Modular Homes Make a Comeback w/Chris Anderson
On The Market
Shownotes Transcript
Modular homes) don’t have the same market sentiment that traditional housing does. For many people, the thought of building a home in a factory only comes with anxiety. Decades ago, modular homes were built using cheap materials with virtually zero energy efficiency. Now, thanks to companies like Vantem), you can** buy modular homes almost indistinguishable from the one built on-site right next door**. But, these two home builds operate on a much different budget.
To go over all the fine details, Vantem’s CEO, Chris Anderson, joins us in this episode. He started** building factory-finished homes** after seeing how inefficient the modern-day homebuilding process was. With the help of an expert team, Vantem dramatically** reduced not only material but labor costs** when building these **almost indestructible, massively energy-efficient homes. **
But modular homes seem to be the gift that keeps on giving. Even with a cheaper sales price, homeowners and landlords can see** ridiculous cost savings over the life of their investment, with energy costs hitting rock bottom **and environmental efficiency being so high that it’s almost unheard of. Whatever your preconceived notions were about modular homes, prepare to have them changed in this episode.
In This Episode We Cover
Massive time and** cost savings from building modular vs. traditional** homes
Energy efficiency) and why Vantem’s modular homes are net zero) almost immediately after manufacturing
The evolution of modular homes and why today’s builds **beat regular rental properties) **
Why lenders, local government, and insurance companies are so pro-modular home building
How factory-built homes stay almost **indestructible against natural disasters **
And So Much More!
Links from the Show
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Kathy's BiggerPockets Profile)
Learn More About Modular Homes)
Will 3D Printed Houses Solve the US Housing Crisis?)
What are the Differences Between Manufactured, Modular, and Mobile Homes?)
Connect with Chris:
Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-37
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