Debunking the Myths of Co-Living

Welcome to a new episode of Get Creative! In this episode, we dive deep into the world of co-living, exploring the myths and realities of this innovative housing model. Joined by experienced co-living investor Jared, we address the common misconceptions and concerns surrounding co-living, and uncover the potential benefits it can offer to both tenants and investors.   Timestamps: "It's working class. I do have some construction workers, but I also have a nurse."   "I'm about 80% normally, but I'm at 78 right now. I had to ask a member to leave."   "I've never had a fight. I'm not gonna say they're all getting along, but I've never had a fight."   "If you are trying to get into the Airbnb game, it is a waste of your time."   Timestamps: 00:00 - Introduction to Co-Living and Addressing Misconceptions 03:27 - Debunking the Myth of Co-Living Attracting "Undesirable" Tenants 07:38 - Discussing Occupancy Rates and Maintaining High Occupancy 09:31 - Addressing Concerns About Conflicts and Fights Among Co-Living Residents 12:15 - Exploring the Regulatory Environment and Incentives for Co-Living 14:24 - Cleaning and Maintenance Strategies in Co-Living Properties 18:57 - Jared's Criteria for Selecting Suitable Co-Living Properties 21:53 - The Role of Property Management in Co-Living Operations 25:30 - Providing Valuable Housing Solutions and Addressing Affordability Concerns 33:46 - Addressing Negative Perceptions and Neighborhood Impacts of Co-Living   ► Join The Subto Community & Learn Creative Finance Directly from Pace:  https://paceapproves.com/subto-gc?utm_source=Apple&utm_medium=video&utm_campaign=getcreativepodcast  ► Want to Become a Private Money Lender? Join Us For The Upcoming LIVE Training this Saturday to Learn How to Lend Money on Real Estate Deals: https://pacejmorby.com/exclusive-training-new?el=yt&htrafficsource=desc&utm_medium=video&utm_source=Apple&utm_campaign=getcreativepodcast&utm_content=    ► Join Our Free Facebook Group to Connect with Pace and his Students: http://paceapproves.com/freefb-yt?utm_source=Apple&utm_medium=video&utm_campaign=getcreativepodcast    ► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions: https://paceapproves.com/tttc-gc?utm_source=Apple&utm_medium=video&utm_campaign=getcreativepodcast    ► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success: https://getcreativepodcast.com/    PLUG IN & SUBSCRIBE Instagram: https://www.instagram.com/pacemorby/  TikTok: https://www.tiktok.com/@pacemorby