Matterport 3d scanners (and a $200,000+ income opportunitiy)
 

YouTube recommended videos by a realtor named Graham Stephen in his twenties and then a friend of his, another realtor in his twenties. In one of Meet Kevin's videos he showed a 3d view of the interior of the house--like Google Earth--and apparently you can integrate 3d house scans into Google Earth.

I had seen 360 tours of homes, but never a 3d walkthrough like that. I thought it was cool!

Then I saw this video. You need a domain name, business cards, 3d camera, tripod, and pelican case. He said all of that costs about $5,000, but if you do 300 scans in a year you could earn $269,000: https://www.youtube.com/watch?v=SoaL99cbLp0

He lives in southern California and says the median home value is $500,000. Zillow says that it is $235,000 in Show Low, Arizona, so I might want to charge 40 - 50%.

He recommends $499 for a 3d scan up to 1,500 square feet, $99 for 2d-rendered blueprints that costs you $25 - 30, $299 to pull high-resolution photographs and retouch them (and he links a channel that shows how to do just that). He recommends charging an extra $150 for every additional 500 square feet, $199 for drone shots flying up to the property (wait, we need a drone now? Yes and apparently an FAA license!) and $175 for estimated lot lines on an aerial view. He says the package value is $1,271, but he recommends selling a package deal for $899.

Without the drone (and the FAA license), my package deal would be more like $600, and with median homes being less than half, it would be more like $300. If I do 300 scans in the next year, I would make $82,500, also known as three years' pay for me and, as you may have noticed, one-third the local median home value.

He says it takes three hours to do all of that, so I would potentially earn $100 an hour, but he points out that if you are self-employed you will spend most of your time doing customer service.

He says that before you buy the equipment, rent it from someone not using it.

When I watched this video a week ago all that I found were two 3d tours of the area and a local company that did most of the services that Kevin mentioned, some others, but surprisingly little information.

I would expect to see prices.

Here is a listing for a $875,000 house with dozens of high-resolution pictures seemingly pulled from Matterport, a 3d dollhouse view, and some drone shots. It links to this 3d virtual tour, although it just tells you Matterport and the realtor: https://my.matterport.com/show/?m=eB5rhjEd3zM&mls=1

I do not see a video of a drone flying up, lot lines superimposed on an aerial shot, or 2d blueprints.

They are asking almost four times the median value for this house, which is 8,788 square feet.

I do not know why this house showed up under a Matterport search for my area, but it just has drone shots and dozens of pictures, nothing 3d. $310,000 and 2,688 square feet: https://www.realtor.com/realestatean...5-88401#photo1

Here is a 3d tour of a local restaurant: https://my.matterport.com/show/?m=btLkCVBZ7Z8&mls=1

I see five other tours of big and expensive houses, but they do not link to real estate listings.

Here is a $500,000 home with $3,519 square feet. It looks like it has some drone shots, but not really aerial view. It has a 3d view of the interior, but while it mentions a Matterport tour, I do not see the link: https://www.trulia.com/p/az/lakeside...29--1046068325

This realtor says he does HDR photography, Matterport 3d tours, and drone video photography: https://billm.longrealty.com

So, the only people in the area that seem to have Matterport equipment already do house tours, but for homes a couple times the median value.

Here is a video by a much older realtor (with 838 views!). They convinced him to invest 3.5 years before and to sign up for a system that would give him filtered leads. They did not tell him they would send the same leads to two competitors and they needed to underbid each other. He says that in 3.5 years zero leads have led to contracts: https://www.youtube.com/watch?v=txmlmaLj67E

One of the guys from Tested interviewed the creator of Matterport and they make a 3d scan of San Francisco's Exploratorium science museum:
https://www.youtube.com/watch?v=6MYc5aEsiKM

Kevin says to rent a camera before you buy one. I don't know that I have that option. This guy says to set up a business meeting with all of the realtors at an office and offer them discounted rates if they give him testimonials. He said he only had one scan, but did not explain whose scan that was: https://www.youtube.com/watch?v=A4aZOAqWxgg

In another video he says to keep your prices private so you can figure out how much profit you can make off each customer. Someone commented he did his first tour for free to get his first tour.

Another video did not seem useful or well-done, but the top comment is: He calls himself "Mr Dubai Offplan"

This guy, with 12,000 views in two months, shows how to use a much smaller and cheaper camera to integrate with Matterport's system:
https://www.youtube.com/watch?v=6Re-uxp5-gU

It looks like it takes far more work, but he says he did his first scan in fifty minutes. Kevin made it sound like it took him ten minutes with the Matterport device.

This guy shows how to use the Insta360 ONE X. You can order a kit directly for $602. It includes a monopod, stand, 32GB MicroSD Card, lens cap, and case.

Here is a camera, monopod, stand, 32GB MicroSD card, and bag for $460.

Here is an AmazonBasics Pelican-style case for $33.

Zillow shows 110 homes between $100,000 - 300,000 in my ZIP code and 40 are 1,500 square feet or more.

Do you think this sounds like a good way to supplement my income? Is this a good opportunity in your area?

https://proxy.duckduckgo.com/iu/?u=h...canner.jpg&f=1
https://proxy.duckduckgo.com/iu/?u=h...canner.jpg&f=1

They're trying to sell you yesterday's technology. Why would you need FAA approval if the drone is used indoors.

Drone shots flying up to the house and an arial view.

.Which one?

https://i.ytimg.com/vi/1fpOxHs0zzs/h...MfclI6k4VZ8KPQ
Youtube: Whitewashing Vs the Blacklash
Vee • 10K views 10 hours ago

When the FAA dropped the hammer in 2015, real estate agents were the first to feel the pain. https://duckduckgo.com/?q=drone+FAA+real+estate

How about Psylocke, who was a white woman in an Asian body, until she wasn't, and suddenly an Asian character was white--again.

Did you notice that on another level there was an Ariel/Arial joke in there?

Seems legit to me. More than most stuff on the net.
The guy isn't trying to take your money. Sources do not appear to be affiliated with him.
If it doesn't work out you will at least get some cool toys to play with.

I found 110 homes for sale in my ZIP code between $100,000 and $300,000. Well, now I see 163. Well, forget me, right? Whenever I look at houses up here I see ones that have been for sale for hundreds of days. The last page of Zillow shows 18 houses that have been on the market for 198 days or more. This one has been up for 1,235 days!

Did they give up and just never take it off the market? Maybe that is some kind of a mistake.

I wondered if 300 houses a year would even be possible up here. Even if there are 162 (at least one was counted twice), if they slowly sell...

I estimate there have been approximately 657 homes sold in this price range in the last year. In order to scan 300 in the next year, I would need to scan 45.6% of all homes sold. If I scan 1% it would be 6 or 7 and would bring in $1,800 or $2,100.

If I buy the $460 package, the $33 case, and a Rose Gold iPhone 7 32GB off BackMarket for $165.00 (the system does not work with Android!) it would cost $658 plus other miscellaneous costs.

Who ever sets a goal of 1% :)

Is the answer to everything "Become a realtor?!"
 

Meet Kevin and Graham Stephen always talk to people in their twenties (or earlier!) that make at least $100,000 a year, sometimes far more. They make it sound easy, like anyone can do it.

So why is the median household income $61,372? People are lazy and people are stupid, but do millions of Americans sit at home saying "You know, I could live in a double-wide with a good roof, but I feel that working at McDonald's makes me a more well-rounded person?"

https://ecomodder.com/forum/attachme...1&d=1563433721

Well, Google searches are free, but everything that I found was real estate and\or stupid. How about this list?

4. Proofreader ($17-$30 per hour) perfect if you can work 3,333 - 5,882 hours per year (full-time is 2,000).
7. Teach English online with VIPKID (up to $25 per hour, 4,000 hours)
8. Bookkeeper (between $30,000-$60,000 per year, so you need two full-time jobs?)
9. Customer Service Representative (around $13 per hour to start, 7,692 hours)
10. Answer surveys ($1.75 an hour, 57,143 hours, seven years' worth)

I did find one interesting lead, but unless you somehow get millions of followers through blogging, social media, etc., everything said "Real estate."

This is one of the guys that I watch: https://www.youtube.com/watch?v=nj4ep8A3EIM

1. In order to earn $100,000, you need to sell $5,200,000. Divide that by the median home value, in my county it is $201,200. I will explain why I am not using my town's average of $235,000, and see how many you need to sell in a year (26).
2. On average, a new realtor needs to talk to 180 people in order to sell one house. 180 x 26 = 2,680. 2,680 / 365 = 13 conversations each day.
3. For every 90 minutes you knock doors, you should talk to 13 people, so 90 minutes a day x 365 days should equal 26 sales worth $5,200,000, and $100,000 in salary.

Fun fact: My town's population is 11,000, so I would need to talk to someone in every home in town. That is why I used the county average, there are 108,000 people in Navajo County, so at least it would be possible, but there are 96 realtors in my area. As far as I know, they averaged 7 sales each last year, so a new guy selling four times as much as veterans sounds challenging.

I thought about this with the Matterport. You could ask the other realtors in your brokerage to offer your services to their clients, but I think that if you pull out your iPad and you show someone a 3d tour of a home like theirs, plus the associated services, and say "I charge $400 for this package. I have expensive equipment and it takes me a few hours, but I will do this for $100 for people who agree to sell houses with me," some people would go for it, and you would have something to set you apart from everyone else.

Or--hear me out--I hope that I get a second interview for a part-time school speech job here in-town. It would pay as much as selling three houses, but hopefully I can finally apply to NAU's summers-only program, and in a couple of years, hopefully I would have a job earning $50,000 - 60,000 a year.

That is far from $100,000 this year, but it does not require me knocking on every single door in-town in just one year, and if I saw clients on the side, I could reach the $100,000 mark--unless, I have mentioned, I went rogue.

The state pays $70.99 for every hour that I see clients in Tucson, Flagstaff, and the Phoenix area, but in rural areas like Page and Show Low, it pays $88.74, and my agency passes most of that increase to us. The state pays $78.82 - 114.76 for an SLP, so if I ran my own agency and saw 871 clients in a year, 17 a week, I would make $100,000.

Who named this thread?! It wasn't me!
 

The original video claimed that you could earn $269,000 a year 3d scanning houses, extracting still shots, blueprints, etc., and charging for videos of drones flying up to the house.

He made this video about just 3d scanning and talks about a cheaper and simpler camera, which looks like the one that I found:
https://www.youtube.com/watch?v=rcUjiMsEuKk

Weird how he went from $269,000 a year selling $900 packages to making $100,000 charging $250 to scan a house.

I doubted that I could do 300 $400 packages a year. 400 $250 packages does not seem very likely either.

Of course, the title is clickbait. It is not $100,000 to push a button [one time], it is $100,000 finding 400 client, driving to their house, unpacking and setting up the camera, moving the camera a bunch of times...

...and then you push the button...

...each time...

I am sure there is a fair amount of work processing the data, too.

It seems that all of these guys touting high paying jobs actually get their money from being Youtubers.

While many people like Tai López make money telling people how to "Make money."

[Kevin does, too, but he provides plenty of useful information for free]

Get your own channel and figure out how to generate clicks. Lots of clicks=lots of payments to you.

Just figure out how to be interesting. No problem! It can't be that hard!

Being interesting once is not too bad, but trying to stay in front of the parade of a fickle puplic's attention?

You may screw up and become President.

I believe the process is to be outrageous, once again illustrated by the fearless leader (ref:rocky & Bullwinkle show) shouldn't be that hard

Knuckleheadedry abounds.

Your President has the ability to communicate on various levels as needed, and sometimes simultaneously. With humor, "I haven't worked with models ....at least not that kind [sweeping hand gesture]".

I guess we each take from it what we can.


edti:
I'd been worried that self-isolation was getting to DoctorRandomercam, but he's back on form. Not embedded for language: FIXED - Interview with Doctor WHO
He of the thumb-shaped chin, "Why do you have a flat Earth symbol behind you?"

Ding, Ding, Ding!

If he can really make more than $250K a year working 900 hours per years (300 houses x 3 hours) why is he hustling on youtube and saying he is travelling the country to teach people how to make money in real estate.

It is the same pitch as multi-level marketing and other similar ideas. Here is this turn key system to make multiples of the median household in far fewer hours. It is so simple that anyone can do it but when you fail it is because you didn't try hard enough not that they system doesn't work.

His real pitch is this: "How to buy real estate in 12 exact STEPS with NO money out of pocket -- using a REAL EXAMPLE."

He will teach you for only $1,099. https://meetkevin.teachable.com/


Start Rant:

Which is cheaper than the plan sold in the most recent real estate book I read by Michael Blank: "Financial Freedom with Real Estate Investing: The Blueprint To Quitting Your Job With Real Estate - Even Without Experience Or Cash" It is a 258 commercial for his $2000 DVD and online class. But only 7 steps instead of 12

This book is a sales pitch to get the reader excited enough about real estate investing to buy the author’s $2,000 DVD class and online tools. It is all about motivation, success stories, and some not so humble bragging about his success. There is a bare skeleton of steps required to buy your first multi-family rental property without any of the details required to do it. For the details you have to buy his DVDs.

A quick summary major points of the book.

Working sucks. Wouldn’t it be nice to retire in 3-5 years and have unlimited time to do whatever you want. You can do this with real estate investing. Multi-family rentals are best because you can get rich faster and with less work.

Problem 1: You have no money
Solution : Hit up anyone with a pulse for money; your friends, family, co-workers, acquaintances, etc. You will convince them to invest by making up a fake investment deal with 15% annual returns. Buy his DVDs to learn how.

Problem 2: Your first investment should a poorly managed property that you can buy for under market value and turn around almost no effort.
Solution: Buy his DVDs. His class will teach you to analysis properties and make offers in 10 minutes.

Problem 3: Nobody will take you seriously because you have no experience or money.
Solution: Bluff. Pretend you have a lot of experience and are backed by wealthy investors. If you buy his DVDs he will teach you how to bluff AND pretend to be an investor in your first deal.

There were a couple of good tidbits but really just another frustrating read. I guess I shouldn't expect more for free in Amazon's Kindle Unlimted.

Where do you find a real Real Estate book? Not a get rich scheme just a book that walks you through the process of evaluating properties and calculating cash flow and return on investment.

End Rant.

ELSE you could drop that $1000 on a 3D printer and produce artifacts on demand from a Fortress of Solitude.

I am sure that Kevin will take any good opportunity that he can find to earn money. I previously shared ten or twelve ways that he specified in a video.

Would he make more money focusing on one job?

I do not have any idea, but I am sure that he does the math first.

I believe that he does give a good amount of free information. By my math, neither 3d scanning nor real estate make sense in my county. I am sure that some realtors do well out here, but I do not believe that "Knocking on every door on a paved road in my county" is a good business plan.

However, if someone considered this in a more populated area I would help them research.

I have shared some of his videos about remodeling. Makeovers? Remodeling sounds like it potentially involves far larger projects than he usually tackles.

I would like to do several of the projects that he showed.

I think that he is worth watching, but I would advise against following Internet suggestions without doing your homework.

Meanwhile, I continually campaign against Robert Kiosaki. I probably shared this before: John T. Reed's analysis of Robert T. Kiyosaki's book Rich Dad, Poor Dad, Part 1

At one point Kiyosaki compared "Rich Dad, Poor Dad" to "Harry Potter."
Both are works of fantasy.
Somewhere in that incredibly-detailed analysis Reed quoted Kiosaki:

Reed says that in reality, Or does Reed really make his money from teaching other people how to make money? I doubt that "How to Write, Publish, and Sell Your Own How-To Book" flies off of the shelves, but he does not make any promises, only seemingly-realistic claims. He also recommends books by seven different authors When was the last time that you saw someone recommend someone else's product?

He does have one job - selling people the idea that they can get rich without putting in the time or work. Just like Robert Kiosaki but instead of selling a book and a lecture series he is selling YouTube videos and online course.

I've read Rich Dad Poor Dad. I does have a couple of good concepts along with the get rich quick with other people's money schemes. The best one is: Don't live on the principal of your investments live on the earnings.

The best finance books I've read are:

The Total Money Makeover - Dave Ramsey
The Millionaire Next Door - Thomas J. Stanley, Ph.D. and William D. Danko, Ph.D.
Your Money or Your Life - Vicki Robin.

None are the perfect formula but each has important ideas.

I have watched dozens of Kevin's videos, but clearly you have watched far more. Therefore it must be easy for you to give one specific quote where he claims that you can "get rich without putting in the time or work."

I don’t need to watch a bunch of his videos to see the telltale signs. OK, he had an idea. Why isn’t HE doing it? Anyone selling his plan instead of working his plan is highly suspect. Notice he says: “If I were to start this business” and “I would do X” and “You could do Y”.

Again, if he can buy a $5000 camera and make $269,000 a year working only 900 hours a year why isn’t HE doing it? Why not scale that up to close to full time and make $500,000 a year instead of making YouTube videos? If it really is so simple why not do it himself instead of letting the world in on his little secret money making scheme?

This is why:

https://www.curbed.com/2019/11/15/20...state-landlord

It is all about the YouTube. Getting clicks by telling people they can get rich without putting in the effort.

https://www.insidehook.com/wp-conten...ord-videos.jpg



BTW, he has a new video on making money with the Matterport camera.

https://www.youtube.com/watch?v=rcUjiMsEuKk&t=37s

Now maybe he just wants to help you and his other followers out. Or maybe it is part of the #Matterport social media campaign and a provocative video title to get you to click so he can show you links of what he is selling.

If there is a men to women pay gap where women make 70% to 80% of what men make then why doesn't someone build a women only company, pay all the employees 85% to 90% of what men make and destroy everyone in that industry?

Disqualifying statement right there.

Having your mouth open in the thumbnail kills the deal for me.

I refused to watch videos that had reaction faces in the thumbnails for a while, but like click bait, it is something that nearly everyone does.

JSH, have you watched any of Kevin's videos? Also, you never provided one specific instance where he said that you could get money without work. If he did I would share it and the problems that I found.

I shared that video back in #10.

He exaggerates things. His titles are clickbait.

He has the $5,000 3d camera and he has shown it in multiple videos. He has shown how to use it in two. His videos only generate maybe 50,000 views. I doubt that anyone would give him something so expensive. There wouldn't be an ROI.

He says that he sells 3D scans. I think that he will take any opportunity to make good legitimate money--especially during TPgate.

I put off responding to this 1) because I needed to catch up with work, but 2) because I felt that I would come across more contentiously than I want.

Then I got interrupted before I finished.
JSH, I hope that you and yours are safe, but may the bird of paradise fly up freebeard's nose! :)

Can't we all just get a bong?

Felix Rex stitched together some drone shots and street scenes with high production values in Rome, ITALY | City, Perspectives & Historic Echos. Some of it is pretty gorgeous.

It will probably sell some T-shirts. :)

Don't make me chase you down with a sock with a tennis ball in it!

[I used the nickels in the self-serve register]

I watched the make $269,000 a year working only 900 hours you linked. There are massive problems with his plan. The biggest:

1. You can go from 0 to 300 of these a year
2. Each gig will only take 3 hours of your time
3. You can sell this package for $900

The reality is more like: You can buy a $5000 camera, hustle to get maybe one gig a week, you will need take time from your real job to do this because realtors show houses on the weekends and you want to do these scans in the daytime so the house doesn't look like a cave. Also you will need to drop everything you are doing when you land a gig because every homeowner expect their property to be listed in a day. You will be lucky to sell this package for $300 - $400 so after 2-3 years you will have paid of the $5000 camera that he recommended you buy on a credit card. The idea that you can sell still photos of the house for $300 and a 6 second drone video for $200 is nuts.

However "Buy this $5,000 camera on a credit card and break even in 3 years of working 1 day a week doesn't generate the clicks.

Does he have a $5,000 camera? He says he does but he could just as easily borrowed it for a day to shoot the video. That stuff happens all the time. 10 years ago back when I was a Product Manager for a line of utility vehicles we would loan them out to sportsman shows free of charge with the stipulation that a couple of good shots make it into the final video. The name of the game is product placement.


A quick search say 50,000 youtube views are worth about $71. This page says he averaged 97K views per video and did 55 videos in the last month. $140 per video x 55 videos = $7,700 a month. Not bad but also not the $269,000 he says he could make working only 900 hours a year doing 3D house scans.

https://hypeauditor.com/youtube/kevi...UA/?source=imh


Thank you and same to you. However, I wish no harm come to Freebeard. He keeps things lively.

I appreciated the remembrance of Little Jimmy Dickens. His other hits included "A-Sleeping at the Foot of the Bed" (1949), "I'm Little, but I'm Loud" (1950) and "Out Behind the Barn" (1954)

That sounds reasonable.
Only time the "as seen on tv" hype might come any where close to being met might be if you live in a super hot real estate area like san Francisco or any market where people are so desperate they will buy a house with out looking at it in person.
This would require you be the go to drone guy for several realtors.
But then when the toilet flushes on that market you will be broke for up to several years.
I think those insane high numbers came from what the producer of one of those HGTV shows payed a drone person. The drone guy probably took dozens of pics and several videos to land the unusually rare $900 payout.

Maybe it is possible in California. That state is full of lunatics! :)
Kevin has posted 50 videos in 14 days, but he cannot show houses, go on tour, etc.

People must really be bored, his worst video of those fifty has 7,500 views. The second-worst has 38,000, his most recent has 266,000 (about a new stimulus bill promising $2,000 a month. The news gave me the same story hours later), and his best video in the last two weeks has 444,000 views ("Act Fast: All 12 Ways to Get Free Money from the... [we will never know, but most people like free money!]")

His best video is two years old and has 892,000 views: "Grant Cardone & Cardone Capital Exposed."

People love exposed videos. Someone shared Meet Kevin exposed or something.

Somehow that Free Money video from two weeks ago is his sixth-most-popular, which confuses me, because it has more views than #4 and #5.

A video I shared here about remodeling a kitchen for $643 has 397,000 views.

Hey, his reaction video to his friend Graham being on CNBC's Millennial Money hit 215,782 views!

When I saw it it was a day or two old and had ten or fifteen thousand views, but Graham's video about being on CNBC had fifty or seventy-five thousand. Now it has 300,000.

He has commented that he and Graham will make videos about the same topics and Graham always gets more views, but he has almost five times as many subscribers.

I do not remember the last time that I watched one of Graham's videos.

September 12th, 2018: https://www.youtube.com/watch?v=AzQcEGivEk8
18,094 views.
April 3rd, 2019: https://www.youtube.com/watch?v=kWvs5H32Oyc&t=1s
6,427,047 views.
He says that this quickly paid for the car and brought tons of extra views to his other videos.
September 16th, 2019: https://www.youtube.com/watch?v=mLScCY2DEJA
537,180 views.

It looks like Graham's recent videos are similar, the current state of stocks, real estate, and stimulus bills.
https://www.youtube.com/watch?v=ZfYFx6MOTYU
https://www.youtube.com/watch?v=_tkEotkyjHU
https://www.youtube.com/watch?v=AeDdLUvQr_c
https://www.youtube.com/watch?v=1_mUz3RWKHQ

You could make millions buying scratch-off lottery tickets, as long as every one you buy is a winner.

Actually, statistics say (and have been verified) that a $100,000 purchase of randomized lottery tickets will suffice.

Statistics, schmatistics. Buy my book that explains my system for making money that way. It's easy, you just use this one weird trick...

All that I am finding so far is that Mr. Beast made three videos where he bought thirty, fifty, and a hundred thousand dollars on lottery tickets "and won." Everything else is state lotteries promises becoming rich beyond the dreams of avarice except:So, spend $100,000, and win back six to thirty thousand dollars.

What if I spend a million dollars on lottery tickets?! :)All of this seems to be based on finding cashiers that would exchange unscratched tickets. This story is about a statistician that received a few lottery tickets as a joke and he was able to recognize winners 90% of the time. He claims that he was excited about the challenge and he calculated that he could earn $600 an hour, but that was less than he earned as a statistician, and would require him going to every convenience store in the area and spending hours staring at tickets [before exchanging losing cards].

He mentioned that a computer setup could be faster. Buy thousands of cards, scan them with a computer, separate the winners from the losers, exchange the losers, and redeem the winners.

Weirdly, they concluded that this means the lottery isn't in a state of "So you're saying there's a chance," it was rigged against you by people smarter than you.

Wait, so your chances go from one in a million to one in two million and the problem is people figuring out how to increase the odds against you, not them always being against you? Cracking the Scratch Lottery Code

If charging money for the information to make money is a scam, than this must be super questionable!

The 10 best side hustles to start that will earn you 6 figures or more, and how to get them off the ground quickly from experts who have done it: Bi Prime

Maybe I should post videos of me taking apart stuff with a hammer.
I bought a no bs M203, might be able to do something cool with that.

Taking things apart with an M-203 is a lot more fun to watch than taking things apart with a hammer.