Real Estate Investing School Podcast Episode 252: REAL DEAL: Smart Building & Smarter Partnerships Release Date: April 10, 2025 Host: Brody Fawcett

Introduction

In Episode 252 of the Real Estate Investing School Podcast, host Brody Fawcett delves into his ongoing glamping project, providing listeners with an authentic and detailed account of the journey from inception to execution. This solo episode is part of the "Real Deal" series, where Brody focuses on individual deals, exploring how they are found, funded, and executed. The episode aims to equip listeners with practical principles that can be applied to their own real estate ventures.

Overview of the Glamping Project

Brody introduces his latest venture—a glamping resort located just outside Zion National Park, a prime area frequented by hikers and international tourists. The project is an extension of his existing tiny home resort in Brian Head, Utah, which has successfully completed its first phase and is already generating rental income.

Brody Fawcett [02:30]: "This concept has always been extremely fun for me... I have a tiny home resort in Brian Head, Utah and just finished phase one of that and that's been being rented out a couple of months."

The glamping project spans approximately two acres and is designed to accommodate around 20 units, each offering a unique and luxurious camping experience. The strategic location off the freeway ensures high visibility and accessibility, making it an attractive destination year-round.

Brody’s Investment Philosophy: Lifestyle Investor

Brody identifies as a lifestyle investor, emphasizing investments that enhance his desired lifestyle rather than merely accumulating wealth. This approach prioritizes cash flow, high cash-on-cash returns, and the creation of memorable experiences for himself, his family, and guests.

Brody Fawcett [05:10]: "I want to invest to increase my lifestyle... building my dream life as opposed to working without all of that in mind."

This philosophy guides his investment choices, leading him to projects like tiny homes and glamping resorts that offer both financial returns and personal fulfillment.

Design and Features of the Glamping Resort

The glamping units are geodesic domes, chosen for their unique aesthetic and cost-efficiency. These domes are constructed with steel frames and outfitted with durable PV PVC tarps to withstand harsh weather conditions. Brody highlights the balance between affordability and luxury, ensuring that each unit provides a comfortable and memorable experience without exorbitant construction costs.

Brody Fawcett [15:45]: "They're tiny... so the build cost isn't nearly as much as it would cost to build an entire house... but because it's an experience and it's unique, it gives you an opportunity to leverage that and charge the same amount per night."

The resort includes additional amenities such as a sauna, a pickleball court, a large fire pit area, and a central geodesic dome capable of hosting events like weddings or corporate retreats. These features are strategically designed to maximize guest satisfaction while optimizing return on investment.

Financing and Securing the Deal

Brody outlines the financing strategy behind the glamping project, emphasizing smart partnerships and leveraging resources to minimize personal financial involvement. The purchase price for the property was approximately $480,000, acquired without Brody using his own cash. Instead, he secured the deal through a partnership structure where he owns 51% of the project, with the remaining 49% divided between two trusted investors.

Brody Fawcett [27:20]: "I didn't put any cash into this deal... I own 51% of it, and the other 49% is split up between two investors that are good buddies of mine."

This approach not only reduces personal financial risk but also fosters strong collaborative relationships based on trust and mutual benefit. Brody emphasizes the importance of finding deals first, which in turn attracts investors, rather than seeking out money before identifying viable opportunities.

Brody Fawcett [42:50]: "You don't find the money. You find the deal. And the deal is what brings the money."

Smart Partnerships and Collaboration

Brody discusses the significance of building partnerships with like-minded individuals who share his vision and values. His decision to collaborate with friends ensures a harmonious working relationship, both professionally and personally.

Brody Fawcett [34:10]: "These people checked those boxes and so I'm like, cool, rock and roll. Let's make it happen."

He also touches on the value he brings to his partners beyond financial investment, such as expertise, creativity, and operational oversight, which are crucial for the project's success.

Project Design and Cost Efficiency

A key aspect of the project’s design is cost efficiency without compromising on guest experience. Brody explains how centralizing amenities like bathrooms in a shared facility significantly reduces construction and maintenance costs.

Brody Fawcett [55:00]: "From a development standpoint, it saves so much money because I don't have to run plumbing to every single unit."

This thoughtful design approach allows for higher profit margins while still delivering a luxurious and functional experience for guests.

Financial Projections and Future Outlook

Brody provides a conservative financial projection for the glamping project, estimating that each investor could earn over $20,000 monthly, with the project itself generating significant profits post-construction.

Brody Fawcett [68:30]: "Each should make over $20,000... I should make over $20,000 a month profit after all the expenses."

He underscores the long-term benefits of such investments, where initial hard work and investment can lead to substantial passive income and equity growth over time.

Importance of Education and Mentorship

Throughout the episode, Brody emphasizes the critical role of education, mentorship, and continuous learning in successful real estate investing. He advocates for investing in oneself through coaching, masterminds, and educational resources to maximize investment potential.

Brody Fawcett [75:00]: "Sometimes that's the best investment you can ever make is in you and in yourself... The highest return because I'm going to learn the most, I'm going to grow the most."

He encourages listeners to seek out knowledge and collaborate with experienced mentors to navigate the complexities of real estate deals effectively.

Conclusion

Brody wraps up the episode by reflecting on the lessons learned from his current and past projects, highlighting the importance of strategic planning, smart partnerships, and innovative design in achieving successful real estate investments. He invites listeners to engage with him on Instagram for ongoing updates and additional insights into his projects.

Brody Fawcett [95:00]: "Hopefully you guys got some value out of just diving into this quick one... These are the things that make the difference."

As the episode concludes, Brody reiterates his commitment to helping others navigate the real estate investment landscape through education and practical advice, reinforcing the podcast's mission to empower aspiring investors.

Notable Quotes:

• Brody Fawcett [05:10]: "I want to invest to increase my lifestyle... building my dream life as opposed to working without all of that in mind."
• Brody Fawcett [15:45]: "They're tiny... so the build cost isn't nearly as much as it would cost to build an entire house... but because it's an experience and it's unique, it gives you an opportunity to leverage that and charge the same amount per night."
• Brody Fawcett [27:20]: "I didn't put any cash into this deal... I own 51% of it, and the other 49% is split up between two investors that are good buddies of mine."
• Brody Fawcett [34:10]: "These people checked those boxes and so I'm like, cool, rock and roll. Let's make it happen."
• Brody Fawcett [42:50]: "You don't find the money. You find the deal. And the deal is what brings the money."
• Brody Fawcett [55:00]: "From a development standpoint, it saves so much money because I don't have to run plumbing to every single unit."
• Brody Fawcett [68:30]: "Each should make over $20,000... I should make over $20,000 a month profit after all the expenses."
• Brody Fawcett [75:00]: "Sometimes that's the best investment you can ever make is in you and in yourself... The highest return because I'm going to learn the most, I'm going to grow the most."

This comprehensive summary encapsulates the essence of Episode 252, providing valuable insights into smart building practices and the importance of strategic partnerships in real estate investing. Whether you're a seasoned investor or just starting, Brody Fawcett’s experiences offer practical lessons that can be applied to your own investment endeavors.