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.
It is awesome that he used his background knowledge to develop a presence in rental properties. Even with his family support he put the work in to make a name of his own. He took something like rental properties and turned them into nature experiences. The property itself is stunning and I can see the demand. It makes sense that he is growing in success with his occupancy rate being 90%. I would love to stay at one of his properties!
Wow this is a great story and very inspiring to me. This would be a dream! He took his background knowledge and used it to create a source of income. I think the social media aspect will be very interesting because these are beautiful and I am sure he can get traffic from that. This is a great business model that is very intriguing to me!
This is such a cool idea that someone noticed was starting to take off and he took it and ran. If more people would just understand to look for things like this that would just added to business like airbnb or vrbo. when people understand what can be started with that kind of thinking you have endless ways to make money.