I'm toying with the idea of looking for a property to be converted into a co-work space.

I'm curious to see how other investors handle work space.

My initial look at rent prices for artist workspace in the city and the residential rent in the area leads me to think that I can ask $800/month.

I use Podio and have rental/tenant buyer leads that are directed into my workspace.

I kind of always recently felt co-work spaces would continue to grow and more and more of the population would move out of the office setting.I've heard statistics about how much time is actually wasted at corporate "meetings" and how much of that time is not needed.

and of course down town between blm protests that got hijacked by Antifa thugs its a ghost town. 3 weeks ago I was in PHilly and Baltimore there was more going on there than PDX by a long shot I suspect the residence there in the inner cities dont really have the options as many in the PDX market might have to find alternate work space and living.

The investor workspace will have all the functionalities that are used by a typical RE investor from property search ( seller leads ) huge component of Podio) till the end of the project completion that is to say what exit strategy was chosen buy and hold - fix and flip rehab management + contractors bid workflows .

It is a 3/1.5 with 1250 sq ft and a HUGE detached work space (shed) (making the property unique).

Individually they have little or no credit or financial backing, but you can charge a premium for small studio-type workspaces and the overall tenant base as a portfolio can be stable.

I can see myself in these kind of workspaces past my 20’s and I’m determined to get out.