logo
After a divorce, these parents rebuilt a new life with their own tiny homes

After a divorce, these parents rebuilt a new life with their own tiny homes

Yahoo3 days ago
Mom-of-three Michelle Taylor made a big move to a small rural town in Georgia fresh on the heels of her divorce. In the process, she said goodbye to her 1,800-square-foot house and hello to her new home: A two-story shed from Home Depot that measured only 256 square feet.
Seeking a fresh start, Taylor bought 10 acres of land in Georgia, with a semi-furnished, 16x16 shed already on the property. With just one bathroom, a living room, a kitchen, and no bedrooms, the challenges of making that space work for a family of four were abundantly clear. So Taylor and her dad got busy renovating.
Taylor is one of many to take a leap of fate into a tiny home, a movement that continues to gain momentum. Many big-name retailers are aware of the trend and have begun selling small houses, complete with bedrooms, bathrooms, and kitchens. Amazon has a two-story portable Prefab (meaning premade) house for $40,000, and a one-story 'Luxury Tiny Home' for $9,280. Home Depot, too, sells tiny homes for anywhere between $20,000 and $100,00, with costs varying based on the size you get.
Sure, it may sound enticing since the cost of a tiny home is often less than the mortgage on a house, depending on location. But what's actually the big appeal about these small spaces?
For starters, Taylor says it's much easier and cheaper to maintain than her nearly 2,000-square-foot house.
' After only an hour, I can have the entire house clean, top to bottom,' she tells The Independent. 'Living here also kind of minimizes the amount of stuff that you own, which, in the long run, is a benefit because you're not spending as much time, energy, or money maintaining and keeping everything.'
Still, after renovations, the home is significantly larger than when Taylor purchased the property. When Taylor moved into the Home Depot shed in 2021, it sat like a treehouse, with a deep deck underneath. So she converted that deck into the bottom floor of the two-story shed, making it a three-story tiny home. She also added more square footage to the top floors of the house.
'We wanted to give enough room for the boys to have individual bedrooms,' she explains. 'The kitchen and the living room are one room combined on the second floor. And the bedrooms are all on the first and third floors.'
With time, patience, and hard work, Taylor's shed became a four-bedroom, two bathroom home, with the top two floors measuring at 384 square feet and the first floor at 256 square feet. It wasn't an easy transformation for Taylor, especially with her children, who are teenagers now, living in the home during the renovations.
And while it's not picture-perfect yet — Taylor still plans to paint her children's bedroom walls and put up the trim — the space has everything her family needs.
Meanwhile, father of three Jeremy Collins, based in Murphysboro, Illinois, took a similar approach to fulfilling his dream of building a tiny home. Following his divorce last year, Collins began transforming a high-cube shipping container, measuring 320 square feet, into a one-bedroom home. The small space is equipped with a stackable washer-dryer, 60-inch windows, a full bathroom, a kitchen, and a living area.
Currently, he's living a few miles away from the yet-to-be-completed home, which will be finished with the help of his teenage twin sons, who stepped in to do some of the manual labor earlier this year.
Collins has never been attracted to the idea of buying a tiny home online, since essentials like installing gas, plumbing, and electricity are not included in the purchase. The house may also be trickier to assemble and have much smaller rooms than usual. So, the Illinois native argues that he's getting more bang for his buck by building the space himself.
'When you get those homes online, there are no appliances. It's missing this and that,' he says. 'It's not something that could keep you for 20 to 30 years. And when you add up what you actually need to make it a living home, that number supersedes what it would cost to build one. My home is built on sustainability, low maintenance, and low overall cost.'
This way of living and thinking is only expanding, with the global tiny home market valued at $21.93 billion in 2024, according to Business Research Insights. The market is expected to grow to $29.9 billion by 2033.
The cost of building a regular home in the U.S. in April 2025 was $503,800, according to data from the Federal Reserve Bank of St. Louis. And that's a huge investment that many tiny home builders have never had to consider.
Collins says he spent an average of about $36,700 to build his tiny house throughout the last year, with plans to sell it for anywhere between $59,000 and $69,000 — and he already has an interested buyer. However, he still absolutely sees value in building another home to live in one day, or multiple houses for more people to reside in.
' I used to live in an almost 5,000 square foot house with 10 acres. When I got divorced, I had to put all that stuff in storage, and I moved to a place that was a small apartment,' he explains. 'Now I realize that in a tiny home, in a rural town, I spend more time with my kids. I'll hit the kayak more because I don't have all the distractions and stuff.'
Taylor, too, sees the financial benefits of having a tiny home, since it was cheaper to renovate the Home Depot shed on her plot of land than to buy a small home online. With utilities and Wifi included, Taylor pays only $600 to $800 a month to maintain her tiny home. She knows that this price is a steal, despite her $25,000 investment in renovations.
'I spend less a month on everything like utilities, or updating my curtains, than I would on a two-bedroom apartment,' she said. As a result, Taylor is now financially able to go on hiking and camping trips throughout the year with her children, without having to worry about working 80 hours a week to pay the bills.
Add that to the fact that her skills as a handywoman are also paying off in the business of tiny homes. On her property, she's renting out a second tiny house that she built from scratch; a perfect space for one person. Outfitted with a couch, utilities, kitchen appliances, and internet included, she charges renters between $600 and $800 a month.
Inside her former Home Depot shed-turned-home, Taylor's found both financial and personal benefits that she didn't have in a bigger space.
'My kids have their own room and privacy, but if they want to do any physical play, they have to come downstairs or go outside," she said. "So I feel like I see my kids more than my friends, who have 2,000 square foot homes, see theirs.'
Solve the daily Crossword
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Vino Symbol Reinstated: Gaucho Holdings Marks New Chapter Post-Reorganization
Vino Symbol Reinstated: Gaucho Holdings Marks New Chapter Post-Reorganization

Yahoo

time17 minutes ago

  • Yahoo

Vino Symbol Reinstated: Gaucho Holdings Marks New Chapter Post-Reorganization

Company resumes trading under "VINO" amid Argentina's economic stabilization and U.S. partnership momentum MIAMI, FL / / July 31, 2025 / Gaucho Group Holdings, Inc. (OTC:VINO), a company that includes a growing collection of e-commerce platforms with a concentration on fine wines, luxury real estate, and leather goods and accessories (the "Company" or "Gaucho Holdings"), announced today that the "Q" designation has been officially removed from its trading symbol. Effective immediately, the Company's shares will resume trading under the symbol VINO on the OTC Markets. The "Q" suffix was initially added to the VINO trading symbol in November 2024 following Gaucho Holdings' voluntary Chapter 11 filing. On June 16, 2025, the Company successfully emerged from Chapter 11 under court approval. In the weeks since, Gaucho Holdings has undertaken and completed the necessary steps to reinstate its trading symbol to VINO. In parallel with this development, the Company has engaged an independent public accounting firm, CBIZ, Inc., to audit its financial statements. This includes the preparation and filing of its Form 10-K for the fiscal year ended December 31, 2024, as well as its 10-Q filings for 2025. Gaucho Holdings is working to regain full reporting compliance within approximately 90 days, which is expected to facilitate broader investor engagement and enhance trading opportunities on the OTC marketplace. This milestone occurs as Argentina experiences significant macroeconomic changes under the administration of President Javier Milei. Over the past 18 months, inflation has declined by more than 95%, with additional improvement anticipated into 2026. Gaucho Holdings continues to monitor these economic developments, which coincide with increased U.S.-Argentina economic cooperation and interest in key sectors where the Company is active, including wine, tourism, and luxury goods. "The removal of the 'Q' symbol is an important achievement for Gaucho Holdings and a clear signal that we have emerged from the Chapter 11 reorganization," said Scott Mathis, CEO and Founder of Gaucho Group Holdings, Inc. "We remain focused on rebuilding stockholder confidence through operational transparency and financial integrity. At the same time, we are operating in a moment of significant change and optimism in Argentina, where our businesses are rooted. We look forward to continuing to align our strategy with the country's evolving economic landscape." For more information, visit About Gaucho Group Holdings, Inc. For more than ten years, Gaucho Group Holdings, Inc.'s ( mission has been to source and develop opportunities in Argentina's undervalued luxury real estate and consumer marketplace. Our company has positioned itself to take advantage of the continued and fast growth of global e-commerce across multiple market sectors, with the goal of becoming a leader in diversified luxury goods and experiences in sought after lifestyle industries and retail landscapes. With a concentration on fine wines ( & hospitality ( and luxury real estate ( associated with our proprietary Algodon brand, as well as the leather goods, ready-to-wear and accessories of the fashion brand Gaucho - Buenos Aires® ( these are the luxury brands in which Argentina finds its contemporary expression. Cautionary Note Regarding Forward-Looking Statements The information discussed in this press release includes "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical facts, included herein concerning, among other things, changes to exchange rates and their impact on the Company, planned capital expenditures, future cash flows and borrowings, pursuit of potential acquisition opportunities, our financial position, business strategy and other plans and objectives for future operations, are forward-looking statements. Although we believe that the expectations reflected in these forward-looking statements are reasonable, they do involve certain assumptions, risks and uncertainties and are not (and should not be considered to be) guarantees of future performance. Refer to our risk factors set forth in our reports filed on Edgar. The Company disclaims any obligation to update any forward-looking statement made here. Media Relations: Gaucho Group Holdings, StearDirector of Marketing212.739.7669rstear@ SOURCE: Gaucho Group Holdings, Inc. View the original press release on ACCESS Newswire Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Activist Carronade pushes Viasat breakup, says valuation could jump 500%, FT reports
Activist Carronade pushes Viasat breakup, says valuation could jump 500%, FT reports

Yahoo

time17 minutes ago

  • Yahoo

Activist Carronade pushes Viasat breakup, says valuation could jump 500%, FT reports

(Reuters) -Activist investor Carronade Capital Management is urging Viasat to split its broadband and defense units, the Financial Times reported on Thursday, citing people familiar with the matter. Carronade, which holds a 2.3% stake in the satellite communications firm, plans to issue an open letter to the shareholders calling for defense unit to be spun off — a move it says could unlock as much as $11 billion in value for both businesses, the report said. The investment firm estimates Viasat's total valuation could rise more than 500% if the defense unit is separated, according to the report. Carronade continues to build its stake in Viasat and also holds $30 million of the company's debt, FT said. Both Carronade and Viasat did not immediately respond to Reuters requests for comment. Sign in to access your portfolio

What a Real Back Office Looks Like for a Two-Truck Operation
What a Real Back Office Looks Like for a Two-Truck Operation

Yahoo

time17 minutes ago

  • Yahoo

What a Real Back Office Looks Like for a Two-Truck Operation

Let's clear this up: your back office isn't an office. It's the system you build to make decisions, protect your money, and stay on the road legally. It doesn't need to be big—but it does need to be tight. The three main roles of your back office are: Financial Visibility – So you know what each truck is making (or losing). Compliance Control – So you don't get sidelined by fines or failed audits. Operational Clarity – So you can grow without chaos. If your current setup involves a legal pad, a shoe box of receipts, and a mental note that something's due 'sometime this month,' you're already behind. Your Financial System Is the First Line of Defense Every successful small carrier knows their breakeven rate down to the penny. And that starts with having a real financial system, not guesswork. What You Need: A basic digital accounting platform (QuickBooks Online, Wave, or Zoho Books) Weekly tracking of: Revenue per truck Load-specific expenses Fuel, maintenance, tolls, permits Pay, insurance, factoring fees What to Set Up: Load Profit Tracker (per truck) Monthly P&L snapshot Reconciliation checklist for checking vs. EFS/fuel cards : If you can't answer 'How much profit did I make per truck last month?' in 60 seconds, you need better visibility. Compliance Isn't Optional You don't get a pass on DOT compliance because you're small. The fines hit just as hard. And worse—your insurance rates and CSA score can spiral fast if you're not buttoned up. Minimum Compliance Setup: FMCSA registration log (MC, DOT, UCR, MCS-150) IFTA folder with quarterly checklists Centralized storage for: BOC-3 Proof of Insurance Annual inspections Driver qualification files (even if you're driving yourself) ELD data pulled weekly Use Google Drive or Dropbox to keep everything searchable and backed up. Use calendar alerts for expirations. Miss nothing. Set one recurring calendar block each Friday for a 'compliance sweep' so you never fall behind. Documentation and Admin That Doesn't Suck Up Time Paperwork is the silent killer of growth. The more time you spend chasing down BOLs and resending rate confirmations, the less time you spend doing what pays: running trucks. What to Systematize: BOL Upload Flow: Driver → scanner app → shared folder Rate Confirmation Tracker: Spreadsheet or TMS with rate, broker, and load info Invoice Sent Log: Track invoice date, payment terms, and due date Broker Email Templates: For follow-ups, disputes, and rate confirmations Free tools like Adobe Scan, Gmail templates, and a simple spreadsheet can replace hours of admin time. If you can't afford a TMS, build your own with Airtable or Google Sheets. Every hour saved on admin is one you can spend quoting higher-paying loads or onboarding better brokers. Broker Management Is a Back Office Function Too many small carriers treat broker relationships like one-night stands—book a load, hope it pays, move on. That's not a strategy. What to Track: Payment terms for every broker you work with Payment history (on-time, late, issues) Red flags (chargebacks, changed rate cons, poor communication) Volume history and seasonality Use a tracker (spreadsheet, Airtable, or CRM) to log every interaction. Use DAT or Truckstop's data tools to assess repeat volume before you call. Stop treating every broker the same. If a broker's rate is always low and their payment always late, you're not being flexible—you're being exploited. When to Outsource and What to Let Go If you're spending more than 6 hours a week doing admin tasks, you're ready to start outsourcing. Not everything needs to be done by you—and frankly, some of it shouldn't be. What You Can Offload First: IFTA prep Invoicing and collections Permit renewals and filings Maintenance reminders and DOT inspection scheduling You don't need a full VA—just someone who can log in a few hours a week and keep the wheels turning behind the scenes. The goal is simple—free up your time to work the business, not just in it. Use Load Boards for Freight, Not Back Office Load boards are a tool—not a business model. Use them to fill gaps, spot trends, and test lanes—but don't let them dictate your strategy. Use Load Boards To: See lane trends and compare RPMs Find new brokers (after vetting) Spot outbound strength before you deadhead Don't Use Load Boards To: Rely 100% for freight Skip broker tracking and vetting Assume all brokers are equal If you can't explain your load board strategy without saying 'I just look for what's available,' you don't have a strategy. Final Word Your back office isn't something you 'get to later.' It's the foundation. For a two-truck operation, you don't need expensive systems or a full-time admin. But you do need structure. If you want to grow beyond two trucks—or even keep both trucks profitable long-term—you've got to start treating the business like a business. That means tracking, organizing, and executing with intention. The ones who win in this game don't just out-drive the others. They out-manage them. The post What a Real Back Office Looks Like for a Two-Truck Operation appeared first on FreightWaves. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store