Another Coliving Rental Property FTW!
Investment Info:
Single-family residence buy & hold investment in Loveland.
Purchase price: $316,000
Cash invested: $14,000
We're getting $1.5k cash flow with Cash Returns of 128% using the Livingsmith Coliving strategy of combining beyond-househacking with household-planting to create both a beautiful household and beautiful returns. This was accomplished with one passive investor.
Blog: https://www.biggerpockets.com/member-blogs/12319/86526-beyond-househacking-5x-your-cashflow-and-expedite-your-rental-strategy
What made you interested in investing in this type of deal?
I love creating tremendous value for renters and investors using a coliving strategy.
How did you find this deal and how did you negotiate it?
MLS purchased with my realtor.
How did you finance this deal?
Conventional Financing (beyond-househacking)
How did you add value to the deal?
Coliving strategy
What was the outcome?
Raving fan renters and investors.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Andrew Lewis of Keller Williams