Co-Living and Community: A New Real Estate Strategy

Welcome to a new episode of Get Creative! Today’s episode is hosted by Justin Tuminowski who will be speaking with our guest, Nathaniel Hovespian. In this episode, we dive deep into innovative strategies for property investment, focusing on co-living setups and community building in the real estate market. Whether you're a seasoned investor or new to the field, Nathaniel's experiences and tips will provide valuable insights into making successful deals and growing in the real estate business.

 

Highlights:

"Real estate investing is not just about transactions; it’s about community and helping each other succeed." 

 

"In real estate, sometimes you have to think outside the box to find true value."

 

"The right community can make all the difference in finding and closing successful deals."

 

"Co-living isn’t just a strategy; it’s a solution to modern housing challenges." 

 

Timestamps:

00:00 - Introduction

03:01 - Discussion on family dynamics and personal motivation in business

05:23 - Exploring the concept of co-living as a real estate strategy

07:22 - Specifics of a co-living deal in Texas

09:13 - The challenges and benefits of co-living setups

13:39 - Recommendations for new investors considering co-living

17:33 - Detailed breakdown of a seller finance deal

21:18 - Importance of maintaining property standards

23:11 - Adjustments made to properties to facilitate co-living

25:16 - The impact of regular property maintenance on long-term value

31:03 - Closing thoughts

 

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