Isaac French, at the age of 25, has developed a strong presence in rental properties with his company Live Oak Lake. Having a dad with a background in construction, he was wanting to create within the hot real estate market in Texas. With an entrepreneurial spirit, French bought 5 acres of empty land with a plan to build seven cabins. The Scandinavian-styled cabins are between 550-650 square feet. He built welcoming spaces for renters by including hot tubs, firepits, and floor to ceiling windows in each cabin. He drew a lot of inspiration from nature and added a lot of high-end finishes in order to feel “completely lost in nature.” The cabins are surrounded by trees and are scattered around a lake, all a couple hundred yards apart.
French began his business with his own money and credit from his father’s construction company. The total cost was $2.5 million and took about nine months complete. French contributes a lot of his success to the advice he got from his peers about automated property management systems and videos from Robuilt, a YouTube channel created by another short-term-rental entrepreneur. French prices his cabins higher on the weekends and his cabins have an occupancy rate of about 90%, with much of the booking traffic coming from the Live Oak’s Instagram account. Since their opening in March 2021, they have produced over $550,000 in bookings.