INVESTING IN PADSPLIT OR CO-LIVING ARE EXCELLENT WAYS TO BUILD WEALTH THROUGH INVESTING WHILE PROVIDING MUCH NEEDED AFFORDABLE HOUSING IN ATLANTA!
WHAT IS COLIVING?
Coliving is having roommates, plain and simple. Living with roommates is desirable to people from all walks of life for lots of different reasons. Some people straight-up enjoy it; they thrive in a more social environment, and love meeting people and sharing experiences. Josh lived with roommates his entire adult life until he got married at the age of 33. Many people leverage coliving as a great way to save money; they can then use their savings to pay off debt, make a down payment on a home, or even start a business. Moving to a new city? Coliving is much, much cheaper than staying in a hotel and is often compatible with shorter stays, which allows you to look for a place without feeling rushed, without draining your savings, and without needing to sign a longer-term lease.
Coliving comes in all shapes and sizes. Various coliving platforms are popping up all over the United States. While each aims to attract a different niche of clientele, they all offer a safer and more reliable alternative to what otherwise is a wild west of sketchy roommate-wanted ads that you’ll find all over the internet. Coliving platforms can target lower-income working-class folks, upwardly mobile young folks, senior citizens, and everything in between. You can rent out a bunk, sleep in a box, share a house, live in a hostel, or even stay and work remotely in luxurious, exotic locales.
Coliving isn’t going anywhere. People have been sharing their living spaces for hundreds of years. The great news is that in addition to creating a more diverse and accessible ecosystem of living solutions, coliving can also be an extremely profitable investment strategy.
WHAT IS PADSPLIT?
PadSplit self-identifies as a market-driven solution to the affordable housing crisis. People stay in PadSplits for all of the same reasons that people choose to live with roommates in general, but typically, PadSplits are geared towards working-class individuals who need a safe, clean, and respectable place to live in areas where they otherwise would have difficulty affording it. You can read about some of PadSplit’s success stories here. One very common scenario describes a lower-income worker who can’t afford to live near their job in the city. Without PadSplit, they’d be forced into an impossible decision between an intractable commute and unemployment.
PADSPLIT AS AN INVESTMENT
A PadSplit can typically net twice the income as the same property marketed as a standard rental. Many PadSplits do even better than that! Josh knows first-hand how profitable PadSplits can be. He was one of the first people to put his properties on the PadSplit platform back in 2017 and now owns five at the time of writing this (Summer 2022). He and the rest of the Stanton Team are enthusiastic about helping others learn the ins and outs of finding, buying, selling, converting, and running profitable PadSplits. You can run a low-cost essentials-only PadSplit or a higher-end luxury PadSplit. It all depends on what best fits the property and neighborhood. PadSplits are real estate investments that generate serious income and you can feel good about. By owning a PadSplit, you’re increasing the supply of affordable housing and providing safe, creative coliving solutions to those that really need it.
WANT TO GET STARTED BUILDING WEALTH THROUGH INVESTING IN PADSPLIT OR CO-LIVING?
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"I was recommended to use Josh from a friend and that's the best advice someone has given me in a very long time. Josh is EXTREMELY knowledgeable when it comes to investing and real estate. I chose to go with him because he is an expert of the Atlanta area and knows exactly what i'm looking for. I somewhat feel I am walking in his footsteps of being a successful real estate investor. Josh is extremely friendly, accommodating and makes you feel like family. He's definitely the advocate you're looking for and type of person you need to help you find and buy the perfect home"