Shipping Containers Are An AMAZING Business
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- เผยแพร่เมื่อ 16 ก.ค. 2024
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Special shout out to Bob’s Containers for spending the day with us.
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00:00 Intro
8:10 How Bob Started
12:20 Bob’s Business Model
15:31 Growth Tactics
24:03 Start Your Own Container Business
WHAT BROUGHT ME TO TH-cam: I worked at Goldman Sachs, in Private Equity, and built up a $100M holding company. But after being in Wall Street for so long, I got tired of managing hundreds of millions for the rich. Investing was for the few not the many. F that. You all are the reason I do this. We as a society need to get rich together. My mission is to create 100,000 business owners, I hope you’re one.
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📸 Instagram - / codiesanchez
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All content on the Codie Sanchez TH-cam channel reflects my own opinions and should NOT be taken as legal advice, financial advice, or investment advice. Please seek out the guidance of professionally trained and licensed individuals before making any decisions. Some links in the description may be affiliate links.e - บันเทิง
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@CodieSanchezCT Holy shit I normally have to watch 10-15 videos before I subscribe to a channel... I have seen this one and the Garbage truck start up you did a couple days ago... The ode to Ace Ventura made me INSTANTLY hit the subscribe button. Also would 100% love to see what you can do with one of these for Air BnB. I live in the panhandle so that was one of my first thoughts when the video started!
Thanks for such great content! I have two SFR with great profit potential but looking for funding or JV!
Come one Codie. You selling course too?!
I thought you were different.
@@vd.s6158 Hmm It CLEARLY states that it is free... how that ends up only Codie knows but for now you are jumping the gun specially with the information provided clearly stating the opposite of what you are saying.
Nipples
Read the google reviews for Bob's container's, it's horrific. they do not meet deadlines, will not pick up their phones, and the homes are not livable according to one person due to ventilation and condensation issues. I was all in on this until I saw that.
Just verified- True. One person said reviews were deleted, then went on to saying: " When my build was finally done, they then wanted 75% more than the formally agreed upon price. I had to take them to court and bc Texas is backwards, the judge said that they only wanted to make me “whole.” By returning my deposit. "
One thing to keep in mind, is online reviews versus litigation and BB ratings. While I don't doubt his business is free of complaints, people go out of their way to shout from the online heaven's of google and yelp reviews while being 1000% in the wrong and playing victim more than ever. Delays may have been advised to the client or a direct result of the client changing plans things last minute etc. Likewise the clients lack of investigation to city/county/state compliance for their build PRIOR to placing the order. Again not saying this business 100% on the up and up, but way to many professional victims on the internet because they get thier feelings hurt in 2020's. So you have to research reviewers as much as the company anymore.
@@boboso7238 this !!!!
Look for context, peeps
Even in Political arenas
@@boboso7238I wouldn't run to buy a container from him, but the concept of a small home is useful.
Thank you for sharing this thank God
As an architect and construction manager, I’m impressed and intrigued. The things I didn’t see addressed, however, are site improvements (access, utilities, landscaping); code compliance; and permitting.
Great point. We're trying to actually keep these under 30 minutes so can't cover it all. BUT go to their website all site plans and details are actually open source.
@@CodieSanchezCT Thanks, Codie, I just wanted to point out that there are (significant) costs associated with these things and they can vary widely depending on the site. Also, I visited Bob’s website, and saw a header called “Permitting” but saw no info under it.
Hey codei I love watching 😅ur videos ur an inspiration are u going to invest into this i learn a lot frome u
@@XanthrochroidPermits and consents will vary, depending on which territory you are operating in and how close and/or difficult utility connection takes or costs. If like you, your new to the concept, ask to speak to a buyer in the local area you want to develop your purchase. Often they can quickly give a contemporary insight into what amount you should budget for.
If you are still unsure, employ a quantity surveyor to give you a tailored step by step blueprint.
@@giffgaffnettwork5626 Yes, I’ve been in design and construction for 30 years; these are exactly the points I’m making.
Yes, buy one container and use it for Airbnb and document the process for us to watch and learn from the beginning to the end😊. Thanks for all of the knowledge you share with us.
I agree
Yes Go for it.
You do it. You don’t need a tear sheet or any advanced underwriting techniques in order to know how well this would go for you. The vid has the guidelines. And this is just a fix n flip. I believe in you. 💪
Love this idea
Buy one high end container and buy two low end containers
And see which is more profitable
respect this guy for thinking out side the container haha
It's not a new concept. People have been making these for the last few decades. Still cool though.
@@joelcruz9415yeah popularity due to housing prices has increased demand for these things for sureee. I remember seeing a shipping container house in my neighborhood 10-15 years ago thinking “what in the hell is that” nowadays it doesn’t seem crazy to live in a shipping container 😂
@@joelcruz9415 Some people may have been making these, but he's done a great job commercializing and expanding.
@@joelcruz9415 most people just build a van like that , and you can take it were you want!
@alexrusu6417 I would rather buy a bigger RV with better amenities than live in a van.
I like the idea but I hate the fact that America is getting to the point that normal houses are unaffordable and will all have to live in small prefabricated shipping containers.
Yep, Ready Player One levels of coping now.
@@angrycrypto465 what did they call it, the stacks? What a miserable existence. The audiobook was way better than the movie ever could have been.
You're being overdramatic, it's not like traditional houses have significant advantage over this anyways
With inflation and mismanagement. It’s going to get worst. So consider this the good ol’ days .
It’s great that Americans are choosing alternative ways of living you are just being irrational
Love this format Codie - very honest and insightful POV business tour!
6:09 he's using land under the power lines, it's cheap land and not many other uses for it - smart
You're exactly right. Terrible for microphones great for rent.
What kind of land is it? Pls describe
he is not too smart arguing with his customers in google reviews which suck pretty bad..
@@TurkNukemHD I will have to check it out...what were the top issues?
@@1truthseeking8quality of work and timeline seem to be the biggest issues.
It's good to see you doing this type of video again.
Codie, your content is just amazing. Keep up the good work.
Awesome video, so many layers with really good info. Thanks Codie.
So interesting. I had always wondered about these. Thanks for sharing!
This was one of my favorite shows of yours. This feeds amazing ideas into my head. This was awesome. I think you should purchase one and go deeper into the total actual costs from start to finish.
🎉🎉🎉 This has got to be one of my favorite videos so far. From the Man you interviewed to what kind of products he offers. He’s a very smart guy. Thank you Codie for all of your videos.
Blessings,Carlos ✝️🙏❤️😊🇺🇸
i really love watching your videos i bought one of your courses on contrarian thinking and it’s super super helpful, i love and appreciate it
The future of business!! Great video!!!
These type of videos got me to know you some time ago. Thank you for the great content and open our minds to owning a Small Business and support local economies
this is awesome!! keep up with the series, i am exciter to watch more epidosed and gucing Learn
I love the pacing of your videos. Killing it! 👊🏻
Love your new format, Codie!! This one and the next episode with the trash truck business are amazing!! So many nuggets of knowledge in both!! Looking forward to seeing more of these!
Well executed and very informal video. It's absolutely amazing what you can do with the containers. Virtually no overhead, built to scale and specifications, and customizable in almost every environment with ubiquitous potential. Im excited to buy one myself
Codie, you continue to amaze and impress. I love your dedication to helping people see and go after a vision of what's possible. Loved seeing you in person in Orlando with Pace and Jamil.
Wow this guy just pulled a Henry Ford. Most people might assume Ford came up with the automobile but no he came up with the assembly line. He dominated the industry because he had first advantage on the assembly line and its much faster means of production. This guy is just taking Fords idea and bringing it to construction(agile construction they mentioned in video) I still give Bob credit because he is bringing it to the construction industry is still an original idea even if we already have assembly lines in other industries .
Exactly what I was thinking!
Ford perfected the assembly line, he didn't invent it.
no he did not it was George Washington Carver. Give credit to where its due
1799 - Eli Whitney’s Interchangeable Parts: This concept laid the groundwork for modern assembly lines by demonstrating that unskilled workers could assemble uniform parts to produce a complete product, initially applied to firearms manufacturing.
I love your sense of humor Cody I love the funny parts thank you for creating such great content can't wait for the next one to come out
This is...by far... the BEST business video I've seen in 15 years. Even from Codie, TH-cam, or otherwise. I've run several businesses since 2005, and every one of the principals discussed in this video is relevant to current business success. The juice... listen to how he's solved all of the inefficiencies. Funding being the top. Him honestly sharing information with an audience of 1.12 million is gold for any entrepreneur, new and experienced!!! Pay attention all! Cheers.
Yes Codie, for sure. it will be interesting. thank you!💝
Thank you I love your content. Fun and informative.
Just subscribed. Amazing content. Thanks to all the Team who make possible all the videos!
Shipping containers are narrower. Then the lens on this camera. Is making them out to be. A shipping container is only 8' wide. Before you install the walls. To hide the wiring and plumbing. Hight is usually 10' You would need to go. A bare minimum of two wide. To have a decent amount of. Breathing and elbow room. Three containers wide, at 40' deep. Is perfect. H 10' W 24' X L 40' before the walls and flooring are added.
Fantastic video! I love what you do Corie Sanchez and thank you Bob for sharing.
Wow!! Very insightful 👏 Great idea!! Thank you 😁
Love it! ♥️ great story about jumping into an opportunity in unfamiliar territory, feeling the fear, yet going for it, learning as you go and finally… crushing it 😁 I like this dude! Cool, cool company!!! ♥️
Amazing video thank you so much for creating it I learned a lot
Bob!!! You are amazing for sharing so much information! I love how you just share, and don’t circle around information asked. You’re awesome!!!!
Great video watch it twice Thank you! How do you document your builds and what SOP software do you use?
Absolutely incredible video. Thanks!!
We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.
At present, my main concern is finding ways to boost revenue while facing periods of quantitative easing, as I cannot afford to watch my savings diminish.
true, A lot of folks downplay the role of a professional until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far.
Would you mind telling me how to contact this specific coach using their service? You seem to have the solution, as opposed to the rest of us.
“Sharon Marissa Wolfe’ is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you
Codie, thank you so much for the time. We enjoyed every moment.
One of your best vids yet. Def get one and Airbnb it. Well done.
You're so cool. You're always worth watching, and filled with wisdom and great questions!
From the team at Decor Essentials south Africa, your videos are amazing and gives us ideas for how to assist our clients better
Loving you Cody! ❤ You're doing an AMAZING work!
so good, great show, makes me want to buy one!!
This is what America is all about. Congratulations to Bob and his hard work paying off.
Living in containers with bad ventilation?
Great interview and fascinating business model.
Such a cool concept to show us how irl businesses are operated!! Feels good to have discovered your channel
yes! Definitely buy one, ABNB it and track it on your channel!
This dude definitely used to work at Amazon.
He was an engineer!
We can smell our own! Not surprised he’s killing it.
So inspiring!❤
super informative. I can seriously see how we can implement his e-commerce to my Construction business. super awesome
00:02 Buying and repurposing shipping containers for profit
01:53 Offsite construction allows for faster building with lower costs.
05:21 Using a unique business strategy to optimize productivity and minimize costs.
07:14 Starting a lean and efficient business with minimal equipment and unconventional methods.
10:41 Transforming a shipping container into a living space.
12:28 Transforming a shipping container involves 29 major steps.
16:26 Efficient project completion with overlapping trades
18:06 Quality control and process adherence
21:16 Importance of transparent pricing in construction industry.
23:15 Sharing everything and content first is key to success
26:52 Creative homeownership and income properties are essential for financial freedom.
28:30 Repurposing shipping containers into livable spaces
31:50 Entrepreneurship and innovation in building businesses
Doesn't always work this easy. Not many places allow for somebody to just place a container home in a lot. You'd either have to build a home first or do it under the table
You are a living wo/man, you don’t need to ask anyone for permission on what to put on your property.
What do you mean don’t allow this? Who? Know your rights and exercise them! If you don’t know your constitutional rights and the extent of liberty to live in freedom, then no one will give it to you. Your rights aren’t given, their a way of life.
@@annag5642 not everywhere do they allow to this. There is permits involved. The county rules over the people. U essentially live on their land. Even if you pay off your debt u still have property taxes and if you're hooked up to sewage and water then u have to pay that as well. Not too mention electricity. Regardless, in the end u always hav to pay.. I agree with u. It is sad
Have you considered insofast insulation? It is like an ICF panel for containers. It glues on and has stud
imbeds for attaching stuff. cool product.
Love this!!!!
Congrats to this guy and his partner, great idea but more importantly, follow through
Thank you Codie for bringing us this info. This young man makes me feel like it’s easy to make money.
This is amazing where to become a true Deal Architect. Way to Go
So inspiring!
Their competitor Compact Living has much better pricing and products, including tiny homes. We bought one from Compact Living last year for my mom to live in our backyard as a casita.
My advice to everyone is this : if you want to grow big this year especially in your finances. Be willing to make investments. Saving is great but investing puts you on a pedestal where you wouldnt have to worry about savings as you do now. Thanks to larysa Caba, my portolio is doing really great and im proud of the decisions i made last year.
I feel one Of the greatest challenges that we first timers face in the ma rket is that we end up losing all we have,making it difficult to find ourselves back to our feet. My biggest advice is to always seek the services of a professional just like I did when I ventured into it for the first time. Big thanks to Larysa Caba. I now make huge profits by weekly through her services while still learning to stand on my own.
I think she trades for everyone I meet. I met her twice at a meeting in Germany and after her lectures from Ella I had to personally ask her to be my financial advisor. she is definitely good.
I just looked up her name online. she is licensed with credible certificates and has an amazing track record. Thank you for the message.
I definitely will like to know more
I feel this is quite an easy one. You already have her name which makes it easy for you. Just look up her name online. I’m sure you will come across her. That’s how I found her too.
Hi Codie! Your videos are very informative so thank you! Right now, I'm at crossroads about what uni to attend for what major in order to avoid the 9-5 rat race trap in the long run & start my own business someday. Will Ivy Leagues business/economics majors be the stepping stone in the road for my journey? Thanks!
I love that he is re-using containers! ❤❤❤
From this point , they could go two routes other than continuing to be consistent just the way they are : 1 . Micro ; OR 2 . Macro . Macro is wholesaling the bare containers . Micro is variable . I see 3 main options with Micro : 1 . Single Person Luxury ; 2 . Maximum occupancy for Single Units ; OR 3 . Maximum occupancy for Multiple Units .
To do the AirBNB the trickiest part is the land and compliance/city codes. Plopping down a nice container and putting it on AIRBNB is easy
Property I missed in Winneshiek Co Iowa...had a ranch house in country(5miles) with 4 rented mobile homes.Winn Co said to new buyer they had to remove the mobiles. This was a newer house lived in by owner. Would love to see a video anything like this in IOWA....They like combines sitting around
Wowwwwww this episode is fantastic!!
Would love to see you buy and air bnb one. I am going to look into this a bit more. I love realestate and this is a great niche.
Definitely, it would be a great idea to buy one for the ARNB project and film it with details!!!!
The main question is WHERE can i put a container?
You have to buy or rent the land
Fascinating 💗
I love your videos!
Definitely an Amazing idea! I could see myself creating a neighborhood of Shipping containers...
You have missed the most important part of every building. The foundation!
Are they providing temporary footing for the containers? Which means they gotta be replaced in 10 years or so...OR they expect owners to come up with temporary/permanent footing, which means they need get structural engineer involved.
What does that mean
Can you elaborate
@@RiRi-ku6xz You can't just put these or any container or storage on dirt/soil and start using them. They need to have foundation like any other structure you see out there.
What part of my comment is not clear?
That would be a great video. Maybe Bob or Codi could do a delivery and setup video.
The city or county code would most likely determine the foundation options based on the lot and the structure.
The Structural engineer would give you the foundation solution.
Codie, you found a guy who can polish a turd and sell it QUICK. The guy is a GENIUS.
@ 13:40 the spray foam thickness says alot.
Definitely Codie, buy a few containers and some land. Set them up as Air bnbs for a grand video. Also a giveaway of a small lot with a one of these containers on it would be awesome!!
Hey Codie! I’m actually in the process of rolling out my own Airbnb development properties that utilize individual renovated shipping containers and focus on elevated essential architecture + indoor outdoor living. And I will be buying my units from Bob’s as they are definitely the industry standard at this point . As an Architect, Builder & entrepreneur, I’d love to help you design your container since I already have designs down for one bedroom and two bedroom units using 20 foot and 40 foot containers. My company is SA+C Inc. Follow along all you container fans out there
Very interesting concept & business!! I would be interested to know how they handle the inspection process serving different counties and states?
I haven't watched the whole video but I hoped they mentioned that you have to check with wherever you are buying your land and the laws especially zoning. City and county may vary and even your state may have laws in place where *you cannot build something like this on purchased land*. Even if you do buy you may have to pay big fees for permitting and wait a whole lot of time to be approved by authorities to build something like this on your land.
This was really cool!
What’s the process of land, requirements to have this container installed, pluming , transport, etc.
Looks like a really cool idea. What state does he run his business?
35k to expensive for what it is
People spend more than that on a used car 😅
Then go do it for cheaper.
Negative
i love how you break stuff down simplistically how a business works
Very inspiring idea 💡
absolutely! buy one, turn it into a laundromat and a studio... then talk about how to buy a laundromat!
Love this! I want one in Australia ❤
I’ve been sharing your video like Crazy. Codie I couldn’t respect you more.
i even share it while driving through downtown Austin ;)! heh
Air bnb has been on a Downtrend.
Im fully booked
FYI - Not sure if you can make edits once uploaded but there’s a typo at 8:25. “Reduest” should be “Request”. Great video btw!
Where is Bob located? Can these be bought online with delivery or pick up instructions?
#4 and #5 at 22:30 were so interesting to see. A physical representation of productization and taking customer feedback and turning it into a productized process. Interesting video!
The agile building model is not new...it's how all track home construction has been done for decades.
Yes please! buy one of the containers from bob because I’m super interested to see how it goes for future business endeavors myself.
TY Codie
I've been watching Bob's Containers for like 6 months and just got into Cody's channel. Love them both
🎉🎉🎉 Thank you for your comment. Can you please share this guys link with me??? Thank you 🙏
Blessings,Carlos ✝️🙏❤️😊🇺🇸
Indeed Bob is a great guy with a high mentality.
They're diverse ways and strategies to get the bag in the world of today, you just have to have the right mindset to be able to think outside the box.
The problem here is that shipping containers make for horrible houses. A solid metal shell invites all kinds of issues with condensation. And once you start cutting into it, the container quickly loses strength. Much like an eggshell.
In the long term, you are better off just building the frame out of proper construction materials.
Hey Codie! I’ll take one of those. 🙋🏽♀️ just let me know when you will bring it over 🍻
Have you ever had a container home shipped to Alaska and at -50 below zero, did the container home stay warm w/o problems of causing mold due to sweating inside?
Great business idea, interesting video!