EPISODE · Jan 9, 2025 · 34 MIN
427. We Bought Land Part 5: Septic Systems, Construction Teams, and Early Summer Goals
from Thanks For Visiting
Welcome back to our latest land update! In this episode, we’re diving into the nitty-gritty of building Rich Hollow Retreat. From navigating septic system decisions to firing and rehiring construction teams, this update is packed with insights, challenges, and small wins. Plus, we share our ambitious goal to open early summer 2025—fingers crossed!Episode Highlights:[00:01:00] Sharing Rich Hollow Retreat ProgressAnnette and Sarah discuss why it’s important to market your property before it’s live and encourage followers to document their journey on social media.[00:02:00] The Journey So FarCatch up on what’s been happening since our last land update. If you’re new, check out previous episodes (links below!) to follow the story from the beginning.[00:03:00] Septic Systems: Lessons LearnedThe unexpected joys of septic planning! We share how preparing for a fourth unit now changes our long-term plans and financial projections.[00:10:00] Construction Team UpdatesWe fired one team, hired another, and are finally making progress! Learn how we’re setting clear payment terms and timelines with our new crew.[00:13:00] Budgeting and Facebook Marketplace HacksOur GC found creative ways to save money on construction materials, including leveraging Facebook Marketplace. Annette shares tips for tracking purchases to maintain clean financial records.[00:17:00] Financing with a HELOCSarah explains why we chose a HELOC over private or hard money lending, and how it’s helping bridge the funding gap for phase one.[00:20:00] Design Decisions and DebatesFrom floating shelves to dishwasher placement, we’re diving into the details of what makes a short-term rental functional and beautiful.[00:24:00] Setting Goals for Summer 2025We share our realistic timeline and reflect on how weather, team availability, and progress meetings are shaping our plans.Stay ConnectedFollow our journey and get sneak peeks of Rich Hollow Retreat!Instagram: @RichHollowRetreatHave questions about buying land, building a retreat, or working with partners? DM us on Instagram @thanksforvisiting_ or leave us a review wherever you listen to podcasts. We’d love to hear from you!Links to Previous UpdatesPart 1: We Bought LandPart 2: Laying a Foundation for Long-Term PartnershipPart Reality Check on Glamping Site Timelines, Financing & ConstructionPart 4: Why We Stopped Construction & How We’re Pivoting Our StrategyHow to Buy Land for your Airbnb Glamping Business | Subscribe to our YouTube ChannelMentioned in this episode:Proper Insurance | Book Your Risk Assessment TodayFido | Visit getfido.com/tfv & get your first month free!Extenteam | Receive 20% off the first 2 months with Tailwind!Minoan | Visit MinoanExperience.com and tell them TFV sent you!Hostfully | Go to https://www.hostfully.com/tfv and use TFV100 to get $500 off your subscription.
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427. We Bought Land Part 5: Septic Systems, Construction Teams, and Early Summer Goals
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