You Can Get A Free Tiny Home That Will Make You Money

published Sep 21, 2018
We independently select these products—if you buy from one of our links, we may earn a commission. All prices were accurate at the time of publishing.
Post Image
(Image credit: ESCAPE RV/Steve Niedorf)

Entering the real estate business with the purpose of earning passive income certainly isn’t a novel idea. However, the inventive folks over at Wisconsin’s ESCAPE have placed a creative twist on the popular investment tactic in the form of the company’s “Free ESCAPE Tiny House Program,” which allows participants to profit off tiny dwellings.

The way the program works is ESCAPE lends out free tiny homes to people who agree to share a portion of the rental proceeds. But obviously, this setup comes with a few caveats.

First off, would-be landlords must own property that’s located either within 100 miles of the largest U.S. metropolitan areas or near a high-traffic destination. The land must be in an urban or rural area, and seasonal locations are acceptable, depending on the amount of guest traffic. Additionally, selected tiny home owners are responsible for all maintenance requirements (utilities, liability insurance, etc.) and are strictly prohibited from utilizing the space for their personal needs.

In exchange for the tiny home, ESCAPE collects 60 percent of the rental fees. Landowners earn revenue from booking, credit card, or rental fees on Airbnb or equivalent. The proposed site must have a flat, solid pad with power and preferably water and septic utilities.

Upon site approval, the company will deliver and set up the unit, and the associated costs are deducted from the rental fees. All participants sign a one-year contract during which ESCAPE maintains ownership of the homes, but the company does offer the option for landlords to purchase the tiny homes in advance.

Potential partners need only submit an email to ESCAPE that includes the address and photos of the proposed building site, plus a brief statement that explains why they’d be a good fit for the program.

For more information on how to form a tiny home business partnership with ESCAPE, check out their FAQ section.