EP 34 - Build With the Exit in Mind: Co-Living Resale with Josh Stanton

Build With the Exit in Mind: Co-Living Resale with Josh Stanton Most co-living investors spend a lot of time thinking about how to buy a property, renovate it, fill the rooms, and maximize cash flow. But what happens when it’s time to sell? In this episode of The Co-Living Show, Craig Curelop and Miller McSwain sit down with Josh Stanton, a longtime co-living investor and real estate agent in Atlanta who has been involved with PadSplit since its earliest days. Josh started with a simple house hack, buying a home and renting rooms to lower his own housing costs. That eventually led him into co-living, where he became one of PadSplit’s earliest hosts and began helping other investors buy, operate, and eventually sell co-living properties. The conversation goes deep into one side of co-living that does not get discussed enough: the exit. Josh explains why the decisions you make during your renovation can have a major impact on your resale options later. Adding bedrooms may increase cash flow, but unusual layouts, eliminated common areas, unpermitted square footage, and financing complications can make a property much harder to sell. They also discuss appraisal challenges, finding lenders who understand co-living, selling occupied properties, creating comps for the industry, and what Josh learned from helping sell everything from individual PadSplits to large co-living portfolios. In this episode: How Josh went from house hacking to becoming an early PadSplit host Why you should think about resale before starting your renovation How property configuration can affect your eventual sale price What makes a co-living property harder for lenders and appraisers to understand Why permitting matters, especially when adding finished square footage When a high-performing co-living property may command a premium How Josh has sold occupied co-living properties Lessons from selling co-living portfolios How to position a co-living property for investors Why having co-living-savvy lenders, appraisers, and agents matters Josh has also been building a network of real estate agents who understand co-living so investors can connect with knowledgeable professionals in markets around the country. Connect with Josh Stanton Stanton Team Co-Living: https://stantonteamcoliving.com Stanton Team: https://stanton.team Email: [email protected] Lenders Mentioned in This Episode Jeffrey Weller / Jay Hussey | Coast2Coast Mortgage NMLS #376205 | MLO NMLS #385022 Office: 904-500-LOAN (5626) Jay: 904-322-4340 Jeff: [email protected] Jay: [email protected] https://www.coast2coastmortgage.com Theodore Alexander Palacino | Autumn Financial Group VP & Certified Mortgage Planning Specialist NMLS #1672515 Tel: 864-373-1015 Office: 864-643-9998 [email protected] https://www.autumnfinancialgroup.com Fernando Corona | RemoteLendr NMLS #2479804 | DRE #02073669 626-714-2440 [email protected] FOLLOW THE HOSTS Miller McSwain Instagram: https://www.instagram.com/millermcswain/ Craig Curelop Instagram: https://www.instagram.com/craigcurelop/ If you enjoyed this episode, subscribe to The Co-Living Show, leave a comment, and share it with another investor who needs to start thinking about their exit before they build. #Coliving #RealEstateInvesting #PadSplit #HouseHacking #RealEstate #RentalProperty #CashFlow #RealEstateInvestor