Great cash flow) is hard to come by in this market, but fortunately, there’s a strategy that can help you maximize your property’s rentable space and profits. In this episode, we’ll show you how to convert your own rental property for co-living) or renting-by-the-room)!
Welcome to another Rookie Reply! Tony and guest co-host Garrett Brown are diving back into the BiggerPockets Forums), and first up, we have a question about one of 2025’s up-and-coming strategies—co-living. This rookie investor wants to maximize the amount of cash flow their property can earn, so we’ll steer them in the right direction with the best arrangement and profitable value-add ideas!
Then, we’ll hear from an investor who already has their investing strategy) and financing lined up but can’t decide where to invest. We’ll share some *crucial *market analysis) advice and some potentially property-saving tips for managing their rental from afar. Stick around till the end for a question we’ve *never *been “axed” before, which involves a dangerous short-term rental) amenity and potential lawsuit!
Looking to invest? Need answers? Ask your question here)!
In This Episode We Cover
Boosting your cash flow with the co-living and rent-by-the-room strategies
Value-add renovations that create more rentable space on your property
The three keys to a profitable out-of-state investing) operation
How to properly analyze a market for short-term rentals
Must-avoid Airbnb amenities that could get you into legal trouble
And So Much More!
Check out more resources from this show on BiggerPockets.com) and https://www.biggerpockets.com/blog/rookie-550)
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