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:
josh@stanton.team

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: jeff@coast2coastmortgage.com
Jay: jayhussey@coast2coastml.com
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
Theodore@autumnfinancialgroup.com
https://www.autumnfinancialgroup.com

Fernando Corona | RemoteLendr
NMLS #2479804 | DRE #02073669
626-714-2440
fernando@remotelendr.com

FOLLOW THE HOSTS

Miller McSwain
Instagram: https://www.instagram.com/millermcswain/

Craig Curelop
Instagram: https://www.instagram.com/craigcurelop/

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#Coliving #RealEstateInvesting #PadSplit #HouseHacking #RealEstate #RentalProperty #CashFlow #RealEstateInvestor