The Rise of Coliving: A New Investment Opportunity?

[Grant Shipman]

Dear BiggerPockets Community,

Have you heard of coliving? It's a modern form of communal living that emphasizes shared spaces, community, and convenience. Coliving communities typically offer all-inclusive living arrangements with flexible lease terms and a range of amenities, making them particularly appealing to millennials and digital nomads.

But here's the exciting part: coliving is not just a lifestyle trend - it's also a rapidly growing investment opportunity. As demand for affordable housing and community-oriented living continues to rise, coliving communities are becoming an increasingly attractive option for real estate investors.

According to recent research, the global coliving market is projected to reach $9.6 billion by 2025, with significant growth expected in major urban centers like New York, London, and Tokyo. With the right strategy and approach, investing in coliving communities could be a lucrative opportunity for those looking to diversify their real estate portfolios.

To get you started, here are a few things to consider when investing in coliving:

1. Location: Coliving communities are typically located in urban areas with high demand for affordable housing and access to amenities like public transportation, shopping, and entertainment.
2. Amenities: Coliving communities often offer a range of shared amenities like co-working spaces, fitness centers, and social lounges, which can be a major draw for potential residents.
3. Management: Must be specialized management for coliving or it will result in high turn-over, tenant conflict, and property damage.  This all drastically effects your cashflow. 
4. Investment structure: Coliving investment opportunities can take various forms, including direct ownership of a property, joint ventures with experienced operators, and crowdfunding platforms.

If you're interested in learning more about coliving and its potential as a real estate investment opportunity, I invite you to join the discussion in the comments section below.

Best regards,

Grant Shipman