On his podcast and frequent social media posts, a Northern California man dreamed of becoming a billionaire by selling tiny homes. But now, his offices are closed and hundreds of customers across the country are wondering where their money went.
“I think that becoming a billionaire is a worthy goal because in order for that to happen, I’m going to have to become a completely different version of who I am today,” said Colton Paulhus.
For someone who loves to appear on social media, Paulhus has been very difficult to reach. And many people want to talk to him – customers, employees, contractors, and several hard money lenders to whom he owes money.
MORE: Bay Area embracing ADUs amid housing crisis – are they worth the investment?
After more than 20 years of teaching, Margot Simpson is planning for retirement. She told the I-Team’s Dan Noyes, “I’m deaf with cochlear implants and a teacher of the deaf in Hayward.” To make some extra money, she thought she had a perfect spot for an ADU or “accessory dwelling unit.” She took us to her backyard. “I have a 1,000-square-foot house on a 10,000-square-foot lot.”