Co-Living Cash Flow: A BiggerPockets Guide

by Miller McSwain, BiggerPockets

Overview

Turn your rental property into a cash flow machine with co-living—a proven strategy to dramatically increase your rental income by renting out properties room by room.

Are you struggling to make your rental properties profitable—or are you wondering how to compete in today’s challenging real estate market? Co-Living Cash Flow is packed with actionable advice, insights from real-world experience, and step-by-step strategies that make co-living both manageable and highly profitable.

Miller McSwain, a former Nuclear Rocket Scientist turned real estate expert, has built a thriving portfolio of co-living properties, generating 2-3x the cash flow of traditional rentals. His proven system has helped investors maximize their returns while creating affordable, community-focused housing.

In this BiggerPockets Guide, you'll learn how to:

• Find the perfect properties for co-living room rentals
• Analyze deals to ensure maximum cash flow and long-term profitability
• Design and remodel your properties to attract high-quality residents
• Manage your co-living spaces with ease, from lease agreements to conflict resolution
• Scale your portfolio with tools and systems

If you’re ready to unlock the full earning potential of your real estate investments, Co-Living Cash Flow is your step-by-step guide to creating more income, providing affordable housing, and achieving financial freedom.

Product Details

ISBN-13:	9781960178879
Publisher:	BiggerPockets Publishing
Publication date:	05/27/2025
Pages:	220
Product dimensions:	5.00(w) x 8.00(h) x (d)

About the Author

Miller McSwain is a former Nuclear Rocket Scientist turned real estate industry expert. Based in Colorado Springs, Miller and his wife have built a thriving co-living portfolio, managing 6 properties with 41 rooms alongside partners. Known for his innovative approach and deep knowledge of the co-living strategy, Miller helps others maximize rental income, streamline operations, and achieve financial independence.

Revolutionize your investing journey with BiggerPockets Guides: a series of laser-focused, in-depth strategy blueprints designed to help you master crucial real estate topics. These books tackle advanced investing subjects head-on, providing trustworthy insights that will supercharge your real estate journey. Whether you're a seasoned pro or just starting out, our guides will help you navigate the lucrative world of real estate investing with confidence. Get ready to transform your financial future—one guide at a time!

Table of Contents

Part I: Introduction

Chapter 1: What is Co-Living and How Can it Change Your Life?

Chapter 2: Enhanced Cash Flow Strategy Comparisons (LTR, STR, MTR, Co-Living)

Part II: Buying a Co-Living Property

Chapter 3: Selecting a Market

Chapter 4: Preparing to Enter a Market

Chapter 5: Finding the Ideal Property

Chapter 6: Analyzing and Making Offers

Part III: Setting Up a Co-Living Property

Chapter 7: Remodeling

Chapter 8: Furnishing

Chapter 9: Management Strategy

Chapter 10: The Lease

Chapter 11: Finding Residents

Chapter 12: Turnovers

Chapter 13: Ongoing Management

Chapter 14: Tools & Resources

Part V: Co-Living for Advanced Investors

Chapter 15: Why and When to Scale

Chapter 16: More Deals

Chapter 17: More Money

Part VI: The Co-Living Endgame

Chapter 18: Exit Strategies

Chapter 19: The Co-Living Legacy

Editorial Reviews

Co-living is the way of the future. Tenants have an affordable, amazing place to live. Investors get a great return. A true win-win. This book is essential in helping you understand the key elements of investing in these properties.” —Craig Curelop author of the House Hacking Strategy and co-living investor since 2018

“Miller McSwain demystifies the co-living structure in his new book, Co-Living Cash Flow, which is a must read for investors looking to boost their passive income.” —Kathy Fettke, cohost of the On the Market podcast, coauthor of Scaling Smart

“As someone who’s studied and invested across nearly every strategy in real estate, I can confidently say that co-living is one of the most overlooked and highly profitable plays in the game today. This book is your blueprint—and Miller McSwain is the guy to follow.” —Brandon Tuner, author of How to Invest in Real Estate

From the Publisher