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Erin Spradlin
  • Real Estate Consultant
  • Colorado Springs, CO
386
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354
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Co-Living Laws in Denver

Erin Spradlin
  • Real Estate Consultant
  • Colorado Springs, CO
Posted

The amazing Lia Martinez did a presentation for Denver Women Invest about this. Here are the highlights:

Pros

  1. One of the best ways to get the highest rent
  2. Better for the environment (more people sharing one space v. multiple spaces)
  3. Better for the individual (cheaper rent, sense of community)
  4. Adds portfolio diversification

Cons

  1. Requires more people management 
  2. Higher upfront costs (downpayment for a larger house and furnishing it)
  3. Neighbors may push back
  4. Regulatory hurdles