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cover of episode Making $8K/Month and Quitting His W2 with 2025’s Ultimate Cash Flow Strategy

Making $8K/Month and Quitting His W2 with 2025’s Ultimate Cash Flow Strategy

2025/4/23
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Real Estate Rookie
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Ashley Kerr 和 Tony J. Robinson：本期节目邀请了共居投资专家Miller McSwain，分享其成功的共居投资经验，包括市场选择、房产分析、空间改造以及租户管理等方面。Miller McSwain成功地通过共居投资实现了财务自由，并撰写了相关书籍。 Miller McSwain：共居投资的成功关键在于三个方面：监管环境、供需关系和房产选择。首先，需了解当地政府对共居的规定，例如最多允许多少个无关人员共同居住。其次，要分析市场的供需关系，可以通过比较当地房屋租金与收入的比例、房屋价格与房间租金的比例以及人口增长率来判断市场需求。最后，选择合适的房产至关重要，应选择停车位充足、面积较大、可改造空间多的房产。在房产改造方面，我建议优先考虑车库改造，这可以有效增加卧室数量，提高现金流。此外，还需确保改造后的房间符合安全规范，例如安装衣柜和两个逃生出口。在租户管理方面，严格筛选租客和营造良好的社区氛围至关重要。可以通过背景调查、租客互评等方式筛选租客，并定期组织社区活动，促进租客之间的交流与互动。 Miller McSwain：共居投资的财务分析与传统长租房产类似，但需考虑房间租金、水电费、清洁费等额外支出。我最近购买的一处房产，通过简单的改造，每月能产生2000美元的现金流。租客的平均居住时间约为10个月，通过提供多种租赁期限和价格方案，可以提高租客续租率。

Deep Dive

Chapters
This episode explores co-living as a real estate investment strategy, highlighting its potential for high returns and the experience of Miller McSwain, who quit his job to focus on this model. It also offers universal tips on market analysis and tenant management.
  • Co-living is presented as a viable alternative to traditional rental properties
  • The strategy offers potential for significantly higher cash flow
  • Miller McSwain's success story is used as a case study

Shownotes Transcript

A traditional rental property) gives you one stream of income, but what if you could multiply that cash flow) by two, three, four, or more times? You’re about to get a masterclass on the co-living) strategy, and to help break it all down, we brought on someone who not only quit their job with this model but also wrote the book on it!

Welcome back to the Real Estate Rookie podcast! Co-living is making waves in 2025, but it’s not just a fleeting trend or gimmick. This is an investing strategy) with *real *staying power, and you’re about to find out why. Today, we’re joined by Miller McSwain, a nuclear rocket scientist turned real estate investor and author of the brand-new book, Co-Living Cash Flow). Miller’s six-property portfolio brings in a whopping $8,000 in monthly cash flow, which has allowed him to quit his nine-to-five and focus on real estate full-time!

In this episode, Miller will tell you everything you need to know about co-living—including how to pick your market, analyze properties), and convert unused square footage into rentable space. He’ll also provide some potentially property-saving tips, like how to reduce turnover and keep renters living in harmony!

In This Episode We Cover

The secrets Miller used to scale to six properties and $8,000 in monthly cash flow

Everything you need to know before using the co-living strategy in 2025

Three ways to determine whether a new strategy will work in your market

How to make more income by converting unused space into extra rooms

Why co-living has staying power and will likely avoid an Airbnb-like “crackdown”

The keys to happy renters, longer leases, and minimal tenant turnover)

And So Much More!

Links Mentioned in the Show

BiggerPockets Agent Finder)

BiggerPockets Calculators)

Real Estate Rookie 486 - Quitting His Job with Real Estate After Cracking the Cash Flow Code w/Miller McSwain )

Miller’s Room Rent Calculator)

Miller’s Instagram)

Check out more resources from this show on BiggerPockets.com) and https://www.biggerpockets.com/blog/rookie-552)

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]). 

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