721: $1k a Month with your First Co-Living Property
The Side Hustle Show
Turnover, retention, and incentives
Sam discusses typical lease terms, renewal rates, and loyalty incentives to reduce turnover in co-living homes.
What if you could create $1,000 to $2,000 per month in cash flow from a single property and need just three homes to replace your W-2 income?
Sam Wegert discovered this path 14 years ago when he started house hacking a single property.
Today, he owns over 200 rooms across his co-living portfolio, all passively managed while he lives overseas.
Co-living is when you buy a larger house and rent out individual rooms instead of the entire property.
It's the difference between earning $250 a month from a traditional single-family rental and $1,000 to $2,000 from the same-sized property set up for co-living.
From the Scale Your Co-Living Real Estate podcast and ScaleYourRealEstate.com, Sam Wegert shares how he turned a simple house hack into a six-figure business addressing affordable housing from the ground up.
(Join his Free 5-Day Co-Living Challenge to learn how to develop the mindset that will take you to success as a CoLiving investor!)
Listen to Episode 721 of the Side Hustle Show to learn:
- how co-living can produce 4-5X the cash flow of traditional rentals
- the formula for converting homes into profitable co-living spaces
- creative financing strategies to get started with minimal capital
Full Show Notes: $1k a Month with your First Co-Living Property
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About The Side Hustle Show
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Hosted by Nick Loper of Side Hustle Nation.
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