As a property owner, what innovative techniques have you implemented to cultivate a thriving co-living community?

My wife and are implementing this "Nomad Strategy" and are about to start looking for our 3rd property here in Colorado Springs.The major issue right now is interest rates, and the fact that if you only put down a 5% DP and borrow the other 95% at a 6.5% - 7% rate you will not even come close to covering your mortgage with the rent when you move out next year.So, we found a VA assumable loan (FHA loans are also assumable) with a 3% rate and a seller who had an overpriced listing because he was pricing to break-even after paying off his debt and closing costs for selling the home. 

They are also not something you should take lightly since they can cause some serious damage over time.

Ultimately, the impact on housing markets will depend not only on who wins but also on their ability to implement proposed policies and the broader economic environment during their term.Your Voice MattersThe future of America's housing market will be significantly influenced by the outcome of the 2024 election.

Hi Ian,You'd probably looking at "light-doc" financing that are currently at 8's to 9's on average at the moment.

This is a long-term strategy but essential for building engagement and trust.Apply the 3 Pillars of Conversion: Implement my 3 Pillars of Conversion in everything you do (just Google it—resources are available for free).

Thank you for shedding a ton of light on it for me. 

The 80% BRRRR scenario was much higher, but those deals not easy to find and implement anymore.

If it's a unit that you knew you would have to drop $10k or more into when the time came, you may want to ask your realtor (just assuming you have one) to do a re-negotation on price in light of this new info. 

Our traditional tenants handle small things like a light bulb out or running toilet but it's a something we handle for our PadSplit homes.