Coliving involves renting out individual rooms within a shared home. Tenants have private bedrooms but share common spaces. Unlike traditional single-family rentals, coliving typically generates higher gross rents by optimizing occupancy.

Instead of traditional leases, many operators use membership agreements or individual room leases, which give flexibility for both tenants and landlords. This setup reduces risk if one tenant leaves, since others remain under contract.

Most coliving tenants are young professionals, students, or individuals seeking affordable living in desirable areas. Increasingly, seniors and remote workers are also entering the coliving space for affordability and community. And then there’s a large chunk of the population that truly can only afford a room rental in this price range - typically shift workers.

Management includes tenant placement, house rules enforcement, rent collection, cleaning, and maintenance. Many investors hire specialized coliving operators or property managers who understand the dynamics of shared housing. If you partner with us, we’ll be the managers of the properties.

Key risks include higher tenant turnover, potential conflicts among residents, and stricter city regulations. However, these can be mitigated with strong house rules, proper screening, and staying compliant with local housing laws.

Tenants are vetted with background checks, credit checks, income verification, and sometimes personality matching to ensure compatibility with shared living. Careful screening reduces turnover and conflict.

Rent is collected digitally (online), with utilities bundled into one all-inclusive payment. This keeps billing simple in order to help tenants understand where they are financially month to month instead of guessing what utilities will look like.

The number of rooms in a co-living house can vary depending on your model, but a house with good returns typically falls between 6-8 rooms. There are many co-living homes that have more than that - even up to 14, but there are, of course, risks and rewards that come with higher occupancy homes.

There are many different models of co-living, but the most common are digital nomads (people who work from anywhere), business professionals (typically people in their 20s-30s looking to have a community or meet new people), college students, and one that is gaining a lot of need: affordable housing (lower income, typically shift-workers).