I Quit My W2 After Cracking the Real Estate Investing “Code”

[@aprilvancleve9463]

I'm with Ashley! I love this idea but it would never work for me.... I would be hiding in my room wishing for privacy every moment. 😅😅

[@wealthfromrentals]

Probably be late to everything because I'd only leave my room when the coast was clear to not run into anyone on my way out and have to small talk 😆

[@aprilvancleve9463]

@wealthfromrentals 🤣🤣 I can't imagine sharing a bathroom and kitchen! There is no way!

[@JakeTower-w2s]

I do a very similar thing with my properties, it allows me to help local students and young professionals while making a profit. I also do household community events which helps the households comingle and feel more like friends instead of strangers in a house(helps promote active communication and listen to diffuse potential situations)

[@delontamcclain4571]

Awesome content Miller, I've been doing co-living & BRRRR since 2007, Its been rough but to me its worth it. Recently added new systems to scale more. Thanks everyone

[@richardjudge2322]

Thank You Ashley and Tony. Much appreciated Miller McSwain for sharing.

[@top5-vid814]

7% rate is crazy 😊

[@mamadelta5608]

One of the best guests. Gtreat job Miller!

[@millermcswain]

Stoked to share the Co-Living strategy with the listeners! Thank you for the opportunity 🤘

[@kylefordinvest]

Awesome episode!

[@Easyservice-x8q]

Very nice video, very informative

[@frank15201]

how do you deal with evictions in a landlord non-friendly state using the co-living strategy? New York, for example?

[@millermcswain]

At least in my state, evictions are no different than in a traditional rental. In fact, they are a bit easier since you have the peer pressure from the other house mates. Here, you have to post a notice on the door of the house, so all of the other residents would see it and know what is going on.

[@jordivalado4625]

Step 1 become rocket scientist 😂

[@wealthfromrentals]

🤣

[@LilianMöller]

How do you deal with Laundry. Are your laundry machine coin base or you include the cost of laundry in the total price. Here in Europe water and electricity is extremly high and I wonder how to handle the cost

[@wealthfromrentals]

This is a great question that we should have asked Miller on the show! This seems like a good opportunity to put in coin operated machines to bring in additional income but you'd have to look at your market. If everyone else includes laundry you'd have to decrease your rent a little to offset that. But it could make people be more conscious of how many loads they are doing so you end up saving on water and electric that the decrease in rent was worth it.

[@allenmiller3352]

Would co living work with traveling nurses? Im buying a property that might work for that

[@Mr.conserv]

I literally thought I was the only one who hides from the mail/amazon person lol

[@wealthfromrentals]

😂😂

[@Essays4College]

Are people "cracking the code" in high cost of living areas or are they buying 5 BR homes for $17?

[@millermcswain]

Are average purchase price is ~$520k. So I'd think that is a bit above the average and considered "high cost"

[@ashog1426]

Respeck

[@RicksCafeAmericana]

Not a fan of this model.

[@sevenasefaha1872]

This is great ! I moved to atl to start co-living biz ! Big love to you Mr.Miller . What’s your social media handle ?