Anyone investing in Co-living?

[Keith Mintz]

No one really talks about co-living but it is a great way to increase rental income by 25%+ and turn your house into purpose. I have been doing it for the last year and it has had great results! It is fairly easy to set up, solves a great problem of loneliness, and generates more income than the average property. It feels full-filling to see my tenants building relationships because of the space we created.I think co-living is the future and it is way overlooked.

[Keith Mintz]

Yes LA, NYC, the expensive areas, they can do well in because it solves affordable housing and creates more space for people to live by sharing a home...etc.

I have been testing it out here in Sacramento & now in San Diego, and it has done very well financially as an investment and really solves many problems for tenants. A big one that makes me passionate about this, is contributing to solving loneliness... A lot of tenants I get will vent to me about their lack of social life because they work and are mainly focused on career, that the only chance they get to socialize and make friends is with their new roommates at home. And of course rent is cheaper than an apartment. 

With so many STR popping up and house prices rising especially in places like San Diego with such an on-going demand to live in, co-living makes a lot of sense, I believe it is the future of real estate and housing.