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
BiggerPockets Forums
BiggerPockets Agent
Join BiggerPockets for FREE
On The Market
Join the Future of Real Estate Investing with Fundrise
Connect with Other Investors in the “On The Market” Forums
Subscribe to The “On The Market” YouTube Channel
Find an Investor Friendly Agent in Your Area
Dave’s BiggerPockets Profile
Dave’s Instagram
Kathy's BiggerPockets Profile
Kathy's Instagram
BiggerPockets Podcast 593
On The Market Podcast 29
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:
Chris' website
Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-37
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!
Learn more about your ad choices. Visit megaphone.fm/adchoices
On The Market