Author AMA: What questions do you have about co-living strategy??

[Rene Hosman]

How much more can you make from a co-living strategy versus a whole-house rental for a SFH?

What additional terms do you need in your lease for co-living versus other strategies?

How much more time does it take to find tenants and how often do they turn-over?

These are questions I have about co-living!

@Miller McSwain replaced his high-earning rocket scientist salary with real estate using the co-living strategy for his rentals now he's published a book about it you can find here so you can learn about it yourself! 

Next week he's going to be doing an author AMA (ask Miller anything) about co-living. So what questions do you have for him about co-living? Drop your questions now and Miller will answer them for you! 

[Miller McSwain]

Quote from @V.G Jason:

When did you buy the properties? At what interest rate(if levered)? And at what average house price? What's your net income per tenant(after the nonsense) per month?

The first was in 2022 and am closing one this week. Over that time, 4% interest was my lowest, with some 8.5% as my highest. The one we are closing now is 7%.

In my market, our avg purchase price is ~$500k.

The cash flow (after the nonsense 😂) is typically ~$2000/month, which is usually around 12-14% cash on cash! This new one is $3000/month though (projected) :)