Podcast

Zen and the Art of Real Estate Investing with Jonathan Greene

177: Redefining Real Estate Investing Through Intentional Co-Living with Grant Shipman

As the affordable housing crisis continues, more and more people are looking for options outside of a traditional home purchase. Intentional co-living is one such alternative.

On this episode of Zen and the Art of Real Estate Investing, Jonathan interviews Grant Shipman, founder of Livingsmith. Grant has two and a half decades of co-living experience, including experiences in communes, co-ops, and intentional living spaces. He started Livingsmith in 2017 and believes rapid wealth comes from helping others.

Jonathan and Grant begin their discussion by exploring the concept of intentional living and what makes it different from just co-living. He shares what he’s learned in managing sober living houses, how living with others in community can help you resolve conflicts healthily, and how Grant uses co-living to syndicate single-family properties. You’ll hear why it’s important to establish some house rules in an intentional co-living environment, how Grant became involved in investing in these spaces after running a successful yoga studio, and the economies of scale at work in co-living. Jonathan and Grant delve into setting up a “healthy household” in a co-living situation, who this type of living suits, and the changing legislation surrounding affordable housing and co-living.

In the changing landscape of real estate, co-living offers a viable option for both investors and tenants. With Grant Shipman’s expert insights, this episode may put intentional co-living as a lucrative investment option on your radar.

In this episode, you will hear:

The concept of intentional living, what it means to Grant Shipman, and how it’s different than co-living
Grant’s management of sober living houses
How living with others in community can help you learn to resolve conflict in a healthy way
Using co-living as a way to syndicate single-family homes
Establishing house rules in an intentional co-living environment
Why Grant became involved in investing in co-living spaces after running a successful yoga studio
The economies of scale at work in co-living environments
The leases highest in demand in residential real estate
Setting up a “healthy household” as a landlord in a co-living environment
Creating a “commune” with multiple co-living homes near one another and who this type of living suits
Changing legislation surrounding affordable housing and co-living
Grant’s advice for investors who are interested in getting involved in this space

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