EP 273 – Co-Living & Cash Flow: A Game-Changing Real Estate Investment Strategy with Sam Wegert
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SHOW NOTES
The co-living investment model is a high-yield real estate strategy that’s becoming popular with both investors and renters. The math is simple: more renters equals higher returns. On the show to share his experience scaling a co-living real estate business is Sam Wegert, a true entrepreneur and co-living operator for over 20 years.
In this episode, Sam dives into the profitability and scalability of the co-living model. He addresses common misconceptions about co-living investments, highlighting the advantages of its membership-style framework over traditional landlord-tenant regulations. The benefits discussed also include offering a safe, communal environment and solution to the affordable housing crisis.
For investors intrigued by the co-living model, Sam breaks down the details of transforming properties into co-living spaces, vetting tenants, and more. Tune in for his advice on entering this new market and scaling a real estate business!
Topics discussed in this episode:
Learning business principles through his martial arts business
The co-living real estate model
Creating co-living communities
Legal framework and tenant laws for co-living properties
Profitability of co-living spaces
Co-living as a solution to the affordable housing crisis
If you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://collectingkeys.com/keyscon-2023/ and see if you are a good fit for the mastermind group!
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