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

Zen and the Art of Real Estate Investing

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

Follow and Review:

We’d love for you to follow us if you haven’t yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We’d love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast.

If you enjoyed this episode, we've created a PDF that has all of the key information for you from the episode. Just go to the episode page at https://zenandtheartofrealestateinvesting.com/podcast/177/ to download it.

Supporting Resources:

Livingsmith website - livingsmithpro.com

Livingsmith on YouTube - www.youtube.com/@LivingsmithPro

Find Livingsmith on Facebook - www.facebook.com/Livingsmithpro

Livingsmith’s Instagram - www.instagram.com/livingsmithpro

Connect with Grant Shipman on LinkedIn - www.linkedin.com/in/grantshipman

Livingsmith on Twitter/X - x.com/livingsmithpro

Website - www.streamlined.properties

YouTube - www.youtube.com/c/JonathanGreeneRE/videos

Instagram - www.instagram.com/trustgreene

Instagram - www.instagram.com/streamlinedproperties

TikTok - www.tiktok.com/@trustgreene

Zillow - www.zillow.com/profile/StreamlinedReal

Bigger Pockets - www.biggerpockets.com/users/TrustGreene

Facebook - www.facebook.com/streamlinedproperties

Email - [e-mail]

Episode Credits

If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.