EP 37 - The 8 Must-Haves for Smooth and Profitable Co-Living Operations

What separates a profitable co-living property from one that's constantly creating headaches for its owner? In this solo episode of The Co-Living Show, Craig Curelop and Miller McSwain break down the eight must-haves for running co-living homes smoothly, efficiently, and profitably. With approximately 300 rooms under management, Craig and Miller have seen what works, what doesn't, and which seemingly small property decisions can create major operational challenges. From parking and bathroom ratios to storage, security, and reliable internet, they share practical lessons from their own portfolio, including mistakes they've made, systems they've improved, and the non-negotiables they now look for in every property. In This Episode, You'll Learn: Why parking can make or break a co-living property's operations The ideal resident-to-bathroom ratio and when overcrowding becomes a problem How organized storage helps prevent conflicts between housemates Why common areas matter for resident satisfaction and retention How smart locks and security cameras help protect residents and properties What every co-living kitchen needs to function efficiently How to approach laundry setups in larger co-living homes Why reliable, high-speed internet is a non-negotiable How to balance adding more bedrooms with maintaining a great resident experience The biggest takeaway? More bedrooms don't automatically mean a better investment. A truly profitable co-living property is one that's designed to operate efficiently, minimize unnecessary headaches, and keep residents happy. Whether you're purchasing your first co-living property or scaling an existing portfolio, these eight essentials can help you make smarter decisions. Resource & Connect With Us 📘 Get the Co-Living Book: https://colivingbook.com 📸 Follow Craig Curelop on Instagram: https://www.instagram.com/craigcurelop/ 📸 Follow Miller McSwain on Instagram: https://www.instagram.com/millermcswain/ If you enjoyed this episode, follow The Co-Living Show and share it with another investor or operator looking to build a smoother, more profitable co-living business!