So, you know how most people think renting by the room is just a stepping stone for first-time house hackers? What if I told you there’s a way to turn that “starter” strategy into a long-term, scalable wealth machine—even if you’re not living on site, and even if you’re buying houses straight off the MLS at retail price? There’s one tweak in how you look at space and regulations that’s quietly helping investors 3x or 4x their cash flow—and it’s so under the radar that most investors skip right over it. Want to know what actually makes co-living the hidden gem for cash flow and why so many give up too soon? Stick around, because the real surprise isn’t just about squeezing in more bedrooms…

In this episode, you will be able to:

• Discover how co-living real estate investment strategies can unlock steady cash flow and build long-term wealth with less risk.

• Explore the benefits of house hacking that new investors use to jumpstart their property portfolio while minimizing personal expenses.

• Master managing co-living properties effectively to keep tenants happy and your income consistent without the usual headaches.

• Learn smart financing tactics tailored for co-living real estate investments that can boost your buying power and grow your assets faster.

• Uncover remodeling tips that transform ordinary homes into high-demand co-living spaces, maximizing rental income per square foot.

Miller McSwain is the kind of real estate investor who proves you don’t have to follow the traditional path to build serious cash flow. Swapping out his rocket science background for real estate, Miller dug deep into co-living strategies, carving out a niche in Colorado Springs where he’s making room rentals work in a big way. With hands-on experience and the numbers to back it up, Miller’s expertise shines through in both his growing portfolio and his book, “Co-Living Cash Flow” from BiggerPockets. He’s all about finding creative, real-world solutions for investors who want more out of their properties, especially when the market isn’t making things easy. Whether it’s leveraging new laws or rethinking how to use a house’s space, Miller brings a practical, down-to-earth approach to affordable co-living investments.

The key moments in this episode are:
00:00:00 - House Hacking and Co-Living Fundamentals
00:07:30 - Target Demographic and Tenant Profile for Co-Living Spaces
00:13:47 - Property Rehab Strategies for Maximizing Room Rental Income
00:19:53 - Management Challenges in Scaling Room Rental Businesses
00:24:23 - Comprehensive Guide to Starting in Co-Living Real Estate
00:30:10 - Mission-Driven Education and Scaling into New Markets
00:35:06 - Financing and Scaling Co-Living with DSCR Loans
00:38:04 - Practical Advice for New Investors Entering the Co-Living Market 

The resources mentioned in this episode are:

• Leave a five-star review for the Real Estate Educators Podcast.

• Share the podcast episode with a friend.

• Get more information about Pine Financial Group’s mortgage fund at PineFinancialGroup.com.

• Purchase the Co-Living Cash Flow book by Miller McSwain, available on Amazon and through colivingbook.com.

• Join the free Co-Living Cash Flow Community on Facebook via MillerMcSwain.com/community.

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