Tiny Homes on Wheels
Back Porch Homes is aiming to solve the U.S. housing shortage.
The company designs and sells what it calls “tiny homes on wheels.” These 255-square-foot homes feature standard-size appliances (rather than the mini appliances found in RVs) and ample storage space. Each home sells for $50,000.
The homes are designed for the following demographics:
• Elderly single residents.
• Disabled relatives.
• Recent college graduates.
• Young professionals.
• And homeless veterans.
Back Porch has received more than $4.3 million worth of pre-orders for its homes, and has raised $577,000 from investors. Its team has a combined 30 years of experience in the real estate industry.