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David Invest
Welcome to David Invest, your AI-inspired real estate investing podcast. We explore a range of real estate investments, from multifamily assets to mixed-use properties.
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David Invest
Is 'House-Sharing' the Ultimate Life Hack for Millennials and Gen Z?
The housing market has become increasingly unaffordable for many, but real estate co-ownership is emerging as a creative solution that's changing how we think about homeownership. Far more than just a financial strategy, co-ownership represents a cultural shift that prioritizes community, shared resources, and collaborative living.
Imagine pooling resources with friends, siblings, or even like-minded strangers to purchase a property none of you could afford individually. While 67% of co-owners cite cost-sharing as their primary motivation, the benefits extend far beyond affordability. Co-ownership can unlock access to properties in dream neighborhoods with features that would be unattainable when going solo. Take the group of six friends in Toronto who co-own a seven-bedroom house complete with shared meals, chores, and dedicated co-working spaces – they're not just splitting bills; they're creating community and fighting the epidemic of loneliness.
Of course, co-ownership isn't without challenges. Conflicts over everything from paint colors to cleaning standards can arise, which is why careful preparation is essential. Successful co-ownership arrangements depend on choosing compatible partners, establishing legally binding agreements, maintaining financial transparency, and nurturing healthy communication. These agreements must address ownership percentages, expense sharing, decision-making processes, and comprehensive exit strategies for when life inevitably changes.
The emotional aspects of co-ownership deserve equal attention. Finding the balance between privacy and community requires ongoing communication about boundaries, personal space, and evolving needs. Regular check-ins create a culture where small frustrations can be addressed before they become major problems, ensuring the arrangement remains rewarding for everyone involved.
As younger generations reimagine the American dream, moving away from isolated single-family homes toward more sustainable, community-oriented living arrangements, co-ownership offers exciting possibilities. Whether you're considering partnering with close friends or finding new connections who share your vision, co-ownership might be your path to not just homeownership, but a more connected, fulfilling lifestyle. What would your ideal co-ownership scenario look like?
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Disclaimer: The content provided on this channel is intended for educational and informational purposes only and does not constitute investment, financial, or tax advice. We strongly recommend that you consult with qualified professionals before making any financial decisions. Past performance of investments is not indicative of future results. The information presented here is not a solicitation or offer to buy or sell any securities or investments. Our firm may have conflicts of interest, and we do not guarantee the accuracy or timeliness of the content provided. Investing involves risks, and you should carefully consid...
All right, everyone ready to jump in? Today we are going deep on real estate co-ownership.
Speaker 2:Ooh, co-ownership sounds intriguing.
Speaker 1:It is. It's basically ditching the whole, going solo on buying a home thing.
Speaker 2:Okay.
Speaker 1:Instead, you team up with maybe a friend or a sibling, maybe even someone you haven't met yet, and you share the costs. You know all the responsibilities and, hopefully, all the joys that come with owning a place.
Speaker 2:So it's not just for like couples anymore.
Speaker 1:Exactly. It's not just for couples Interesting. What we're seeing actually is like a surge in friends and relatives and even people who aren't related.
Speaker 2:Wow.
Speaker 1:Realizing that this could be their way to actually get into the market.
Speaker 2:I could see why I mean the housing market right now is it's a beast.
Speaker 1:Oh, it's tough.
Speaker 2:Especially if you're like a millennial.
Speaker 1:Oh, tell me about it.
Speaker 2:Or Gen Z, you know, trying to figure things out.
Speaker 1:Yeah, and all of our sources are pointing to some pretty compelling reasons for that.
Speaker 2:Okay, like what.
Speaker 1:I mean, let's be real for a second. I mean, let's be real for a second. Home prices are astronomical in so many areas these days.
Speaker 2:Oh it's crazy compared to what people are actually earning, it's wild.
Speaker 1:Right. So then co-ownership becomes this kind of clever way to pool your resources together Makes sense, you know whether it's for the down payment just to get in, or for the monthly mortgage payments.
Speaker 2:Right, or just splitting all the bills that come with owning a place. It never ends.
Speaker 1:It never ends. Yeah, one stat that I saw in one of the sources actually, 67% of people said that cost sharing was the biggest draw for them to do this.
Speaker 2:That makes sense. It's a huge hurdle.
Speaker 1:Huge. But you know, the sources also highlighted something else too that I thought was way more interesting. Okay, but you know, the sources also highlighted something else too that I thought was way more interesting. Ok, it's not just about affordability. Co-ownership is about a different tier of living.
Speaker 2:Oh, interesting.
Speaker 1:You know like imagine being able to afford a place that's actually in your dream neighborhood.
Speaker 2:Right.
Speaker 1:With the features that you wouldn't even think about if you were going solo.
Speaker 2:That's true, like you could actually upgrade your lifestyle. Totally and build equity together.
Speaker 1:Yes, one of the sources called it collaborative living.
Speaker 2:I love that. I know I did too Like yeah, you're not just splitting bills.
Speaker 1:You're building something.
Speaker 2:Yeah.
Speaker 1:I actually love this. One example there was this group of six friends in Toronto.
Speaker 2:Okay.
Speaker 1:They co-own this seven bedroom house.
Speaker 2:I knew someone Seven bedrooms. That's a mate.
Speaker 1:They've got this whole system for shared meals. They share chores. They even have a dedicated space for co-working.
Speaker 2:Wow, that's living the dream.
Speaker 1:They're thriving. And it just made me think like could co-ownership be the antidote to the loneliness that a lot of people are feeling these days.
Speaker 2:Especially because I feel like younger generations aren't so tied to that traditional nuclear family in a single family home.
Speaker 1:Right, it's just not the same anymore.
Speaker 2:Yeah, so this like flexible, community driven alternative is, I think, really appealing to a lot of people.
Speaker 1:Yeah, it could actually make home ownership more fun and less isolating. Totally yeah. But I do want to say you know, before everyone runs off to find their co-ownership crew. We have to talk about the risks. Oh yeah of course, because, as with anything, that sounds this amazing.
Speaker 2:There are definitely some potential downsides, Right? So like red flags.
Speaker 1:Yeah.
Speaker 2:What should people watch out for?
Speaker 1:Big one, the biggest red flag in most of the sources we looked at. Yeah, conflict. Oh, what happens when you and your co-owner just can't agree on something?
Speaker 2:Oh yeah.
Speaker 1:Like even something as simple as what color to paint the kitchen Right, let alone big decisions like renovations or how to manage the finances.
Speaker 2:And it seems like those disagreements often come from things people just don't even consider up front. All the time, like they forget to talk about it.
Speaker 1:Yeah, Like one of the sources mentioned, you know different opinions on having guests over.
Speaker 2:Oh yeah, that's a big one.
Speaker 1:Noise levels, yeah, even just like different cleaning styles.
Speaker 2:Oh yeah.
Speaker 1:Imagine trying to share a bathroom with someone who is like a total neat freak when you're a little more laid back.
Speaker 2:That's a recipe for disaster.
Speaker 1:Total disaster.
Speaker 2:Oh man, that's actually exactly what happened to Celeste.
Speaker 1:Oh, Celeste.
Speaker 2:Yeah, her story like really stood out in the research.
Speaker 1:Oh no, what happened?
Speaker 2:She jumped into this co-ownership deal with two friends in Austin.
Speaker 1:Okay.
Speaker 2:And it just turned into a nightmare.
Speaker 1:Oh no.
Speaker 2:Constant delays with renovations. They couldn't agree on if they should rent out a spare room or not.
Speaker 1:Oh wow, no-transcript. That's not easy, right.
Speaker 2:No, not at all.
Speaker 1:She couldn't just be like see ya and walk away?
Speaker 2:Exactly, and that's why her story is so important, because it highlights how critical it is to have rock solid legal agreements in place From the very beginning, yeah, right from the get go, yeah. So we really should take a closer look at what those agreements need to cover.
Speaker 1:Yes.
Speaker 2:And how they can actually protect everyone involved.
Speaker 1:Absolutely, let's do it. I mean Celeste's story, that's rough, but I don't want to get too doom and gloom here.
Speaker 2:Right.
Speaker 1:The benefits of co-ownership. They're still huge, right. So how do we make this work? What are the keys to success?
Speaker 2:Yeah, you're totally right, the potential is definitely there. Okay, but just like any partnership, preparation is key. Okay, it's, like you know, setting off on a road trip with friends.
Speaker 1:Yeah.
Speaker 2:You wouldn't just hop in the car without a map snacks.
Speaker 1:Right.
Speaker 2:You know clear understanding of who's driving when.
Speaker 1:I like that analogy, yeah. So what's on our co-ownership road trip checklist?
Speaker 2:All right. So first things first. Okay, choosing the right people to partner with.
Speaker 1:Okay.
Speaker 2:And I don't just mean picking your most fun friend Right. You really need to think about shared values, you know, compatible lifestyles, solid understanding of each other's, like financial situations.
Speaker 1:It makes total sense. I mean you're making huge decisions together, huge. You got to be able to trust each other. Yeah, be on the same page, not just about money, but how you want to live in the space.
Speaker 2:Exactly, exactly, and that actually leads perfectly into the next crucial thing. Okay, decision making processes. Ah yeah, how are you going to handle disagreements Right? Especially because, let's be real, they're going to happen.
Speaker 1:Oh yeah.
Speaker 2:So what happens if one person wants to sell their share down the line? You need to talk about this stuff up front, right, get it all documented, oh, legally binding agreement. This isn't just about being formal. It's about protecting everyone.
Speaker 1:Speaking of legal agreements, yes, our sources, they were really like adamant about this, having those rock solid documents in place, for sure, but what does that even mean? Yeah, like, what are some of the specific things that should be covered?
Speaker 2:You need to clearly define each person's ownership percentage.
Speaker 1:Okay.
Speaker 2:This determines how much each person is contributing financially Right and what share of the property they actually own.
Speaker 1:So if I'm putting in like 60 percent of the down payment, I think I own 60 percent Exactly.
Speaker 2:Ok, and that ownership percentage.
Speaker 1:That also dictates how you split all the expenses.
Speaker 2:Makes sense.
Speaker 1:Mortgage payments, property taxes, insurance, all those fun maintenance costs that always seem to pop up.
Speaker 2:Oh yeah, those Speaking of what about unexpected costs, Like what if the roof needs replacing? Like who decides? Who figures that out?
Speaker 1:That's where having that clear process for making decisions.
Speaker 2:Right.
Speaker 1:Super important Co-ownership agreements. You know they specify that you have to have a majority vote.
Speaker 2:Okay.
Speaker 1:Some might require, you know, unanimous consent for certain things. It really depends on your comfort levels with risk.
Speaker 2:This is starting to sound a little bit like running a small business.
Speaker 1:You know, in a way, it kind of is, You're essentially partners in a real estate venture, wow. So, just like with a successful business partnership, you've got to have clear communication, transparency, a really, really well-defined operating agreement. Okay, so we've got like ownership percentages, expense sharing, decision making laid out in this legal document, right? What else is important?
Speaker 2:You also need a clear exit strategy.
Speaker 1:Oh right.
Speaker 2:What if someone wants to sell their share?
Speaker 1:Right.
Speaker 2:Do the other co-owners have the right of first refusal?
Speaker 1:Okay.
Speaker 2:How are you going to value the property? All these questions, right. You need to figure them out before you, even you know, think about buying.
Speaker 1:Right To avoid potential conflicts and like legal battles down the road. Oh, for sure, for sure. So we're talking about things like what if someone gets a job in a different city? Yeah, what if someone falls in love, wants to move in with their partner? Like life happens.
Speaker 2:It does.
Speaker 1:And we need to be prepared.
Speaker 2:Absolutely. One source even recommended like oh what if we hate each other clause. Oh wow, I know it sounds a little dramatic.
Speaker 1:Yeah.
Speaker 2:But basically it just outlines a fair way to dissolve the partnership if things just aren't working out.
Speaker 1:So it sounds like there's a lot to consider.
Speaker 2:Yeah.
Speaker 1:But it really does sound like, if done right, co-ownership could be a real game changer.
Speaker 2:Oh, for sure it can open doors to homeownership that might otherwise be closed. Right, and it can really like create this sense of community. Yeah.
Speaker 1:Shared purpose Right and it can really like create this sense of community, yeah, shared purpose.
Speaker 2:Right that I think traditional homeownership sometimes lacks. It's about more than just bricks and mortar.
Speaker 1:Yeah.
Speaker 2:It's about building a life.
Speaker 1:I love that, but you know, like you said earlier, it's not a decision to jump into lightly. You really do need to do your homework, absolutely. Choose the right people, make sure those legal agreements they're airtight.
Speaker 2:Couldn't agree more, and while we've you know, kind of touched on some of the big picture legal stuff, yeah. There are a few like more nuanced things that can really make or break these arrangements.
Speaker 1:Oh, I love the nuanced stuff. What are some of those like under the radar factors?
Speaker 2:So one thing that I think often gets overlooked is shared values and lifestyles.
Speaker 1:Okay.
Speaker 2:It's easy to think oh, we get along great, now It'll be fine.
Speaker 1:Yeah.
Speaker 2:But you have to think about how your living habits might clash.
Speaker 1:Right, this isn't just about like being compatible for a weekend trip.
Speaker 2:Exactly.
Speaker 1:This is like sharing a space.
Speaker 2:This is your home.
Speaker 1:Where you both feel comfortable and respected.
Speaker 2:For sure. And it goes way beyond. Just like neat freak versus slob Right, think about dietary preferences. Yeah, what if one person's vegan.
Speaker 1:Yeah.
Speaker 2:And the other's a barbecue enthusiast.
Speaker 1:That's true.
Speaker 2:Social habits, you know, yeah, one person loves to host big parties.
Speaker 1:Yeah.
Speaker 2:The other one's like quiet nights in.
Speaker 1:Right.
Speaker 2:Even sleep schedules can become a huge issue.
Speaker 1:Oh yeah, the night owl versus the early bird.
Speaker 2:It's a real thing.
Speaker 1:Right, it sounds like we need to add compatibility counselor to our road trip crew.
Speaker 2:I mean, I wouldn't argue with that.
Speaker 1:Right.
Speaker 2:And while we're on the topic of communication, you really need to understand each other's communication styles. Are you both comfortable, you know, having those open and honest conversations, even when things are tough?
Speaker 1:Especially when things are tough.
Speaker 2:Can you like resolve conflicts constructively?
Speaker 1:Yeah.
Speaker 2:You know, without letting things fester.
Speaker 1:Because, let's be honest, conflict is going to happen. It's inevitable.
Speaker 2:It's going to happen, so it's not about avoiding it.
Speaker 1:Right.
Speaker 2:It's about having the skills to navigate it.
Speaker 1:So we've talked about choosing the right people, setting up those legal agreements. Lifestyle compatibility, what else? What else should people be thinking about?
Speaker 2:Financial transparency, yeah, huge.
Speaker 1:Okay.
Speaker 2:Before you even look at properties, together, open an honest conversation about each other's financial situations.
Speaker 1:So income levels, debts, credit scores.
Speaker 2:Yeah, all of it.
Speaker 1:Spending habits.
Speaker 2:Spending habits.
Speaker 1:Yeah.
Speaker 2:You got to know that everyone's bringing their A game.
Speaker 1:Right Financially and there aren't any like hidden surprises.
Speaker 2:Oh for sure. And speaking of surprises, yeah. Financial ones.
Speaker 1:Okay.
Speaker 2:You got to have a plan for those unexpected expenses.
Speaker 1:Right, like what if the boiler breaks down in the middle of winter? Exactly, who's paying for that Right? Who's responsible, right?
Speaker 2:Ideally, you'd have an emergency fund set aside. Okay, like a co-ownership rainy day fund.
Speaker 1:I love that.
Speaker 2:Right. But even if you don't have that dedicated fund, you got to have a clear agreement on how you're going to handle these things. You're going to split it evenly, proportionate to ownership percentage.
Speaker 1:It sounds like a lot to think about, but this level of planning, this is what sets like successful co-ownership arrangements apart Absolutely From the ones that you know don't work out.
Speaker 2:Totally, totally. It's all about anticipating challenges, ok, and having a plan, yeah. And that brings us to another really crucial point OK. The whole journey. Yeah yeah, regular check-ins are key to make sure everyone's still on the same page.
Speaker 1:Right.
Speaker 2:Any potential issues.
Speaker 1:Yeah.
Speaker 2:Get addressed promptly. Okay, it's like checking the oil in your car. You don't want to wait till the engine seizes up Right, right.
Speaker 1:So what does checking the oil look like?
Speaker 2:It could be like reviewing finances together. Okay, oil, look like. It could be like reviewing finances together, talking about upcoming maintenance or even just checking in on, like how, everyone's feeling about the living situation, any unspoken frustrations, any adjustments that need to be made.
Speaker 1:It's about creating that culture of open communication, exactly when everyone feels comfortable expressing their needs and concerns.
Speaker 2:Yeah, you want to make it okay to say, hey, I'm feeling a little cramped or can we talk about the grocery shopping?
Speaker 1:These things might seem small.
Speaker 2:They do.
Speaker 1:But they can snowball.
Speaker 2:Oh, they can snowball.
Speaker 1:Into these major issues if they're not addressed. So, to recap, we've talked about choosing the right partners, setting up the legal agreements, considering lifestyle compatibility.
Speaker 2:Yes.
Speaker 1:Financial transparency Yep Planning for unexpected expenses.
Speaker 2:Right.
Speaker 1:Maintaining communication. That's a lot to juggle.
Speaker 2:It is. It is a lot, but trust me, it's worth it. Okay, because the goal is to create a living arrangement that is both financially and emotionally rewarding.
Speaker 1:It's about finding that sweet spot where you're not just roommates splitting bills. Right, you're a team.
Speaker 2:Yes.
Speaker 1:Working together to build a home.
Speaker 2:Yes.
Speaker 1:And, honestly, a life that you're all excited about.
Speaker 2:You did it perfectly and when it's done right, yeah, co-ownership can be such a transformative experience.
Speaker 1:We've covered so much here.
Speaker 2:We have.
Speaker 1:But there's one more aspect of co-ownership that I think is worth exploring.
Speaker 2:Okay, the emotional side of things, oh yeah, I'm glad you brought that up, because while the financial and legal stuff is super important, right, the emotional dynamics, I mean, they're equally important. Right, you're sharing a living space, you know, with another person, or maybe even multiple people. Right, that's going to create a unique set of challenges and rewards.
Speaker 1:It's like this social experiment.
Speaker 2:Yeah.
Speaker 1:Where you're voluntarily choosing to like blend your life with someone else's. You're going to see each other at your best.
Speaker 2:Oh, for sure and worst, the good the best.
Speaker 1:There's no hiding from that Nope. Right, see each other at your best, oh for sure. And worst the good the best. There's no hiding from that Nope.
Speaker 2:And that can be amazing.
Speaker 1:Yeah.
Speaker 2:It can be so great creating that sense of connection.
Speaker 1:Yeah.
Speaker 2:And support.
Speaker 1:Yeah.
Speaker 2:But you know it can also lead to friction if you're not careful.
Speaker 1:So how do you strike that balance between, like, maintaining privacy and having that like healthy intimacy? It feels like a tight rope walk.
Speaker 2:It is, it is. It all comes back to communication setting boundaries right, okay before you move in together, have an honest conversation yeah about your expectations for personal space and privacy. Right like designating certain areas as off limits, establishing quiet hours or even just agreeing to give each other space when needed.
Speaker 1:Right, because I feel like those boundaries might need to change over time. Oh, 100% as the relationship evolves as life happens.
Speaker 2:Life happens, things change, people change.
Speaker 1:You might start out needing like tons of alone time and then realize you crave more connection. It goes both ways, or vice versa Exactly tons of alone time and then realize you crave more connection.
Speaker 2:It goes both ways.
Speaker 1:Or vice versa.
Speaker 2:Exactly that's why ongoing communication is so, so important.
Speaker 1:Okay.
Speaker 2:You got to constantly check in, make sure everyone's needs are being met.
Speaker 1:So, in addition to all the practical stuff, the legal stuff, we really have to be mindful of the emotional dynamics.
Speaker 2:Absolutely.
Speaker 1:It's almost like emotional intelligence becomes this key factor in making this work.
Speaker 2:Co-ownership can be incredibly rewarding financially and emotionally.
Speaker 1:Yeah.
Speaker 2:But you got to go into it with your eyes wide open.
Speaker 1:Right.
Speaker 2:Willing to work through the challenges that are inevitably going to come up.
Speaker 1:And that's where having the right partner, a solid agreement, that healthy communication all come in.
Speaker 2:It's like the trifecta of co-ownership success, the co-ownership trifecta. I might trademark that. But seriously, before we move on, I family house in the suburbs.
Speaker 1:Yeah.
Speaker 2:Living in isolation. It's like the American dream is getting makeover pointed to that.
Speaker 1:Like younger generations. They're way more open to these alternative living arrangements and they're putting more value on community and shared experiences.
Speaker 2:Absolutely.
Speaker 1:It's like they're saying we don't need a white picket fence, we want a community garden and a shared rooftop deck where we can hang out with our friends. Right and co-ownership just fits right into that, it totally does.
Speaker 2:Pooling resources, yeah, and co-ownership just fits right into that. It totally does. Pooling resources.
Speaker 1:Yeah.
Speaker 2:Sharing responsibilities Building community.
Speaker 1:And it's not even limited to, like millennials and Gen Z, you know Totally. We're seeing people of all ages embracing this, yeah, yeah, as a way to achieve home ownership and to create a more fulfilling lifestyle.
Speaker 2:It's this wave of people saying, hey, maybe we can do this better together.
Speaker 1:Together Exactly. It's a trend that's probably going to continue right.
Speaker 2:I think so, as housing costs keep rising and people are looking for more sustainable, more community-oriented ways of living. Right? It's like the old saying it takes a village, right? Well, maybe it takes a village to buy a house too.
Speaker 1:So co-ownership isn't just a financial strategy.
Speaker 2:No.
Speaker 1:It's a cultural phenomenon.
Speaker 2:It is.
Speaker 1:Reshaping how we think about home and community.
Speaker 2:It's about belonging. Yeah, sharing resources, supporting each other.
Speaker 1:Yeah.
Speaker 2:And, you know, in a world that can feel really isolating sometimes, right, that's a really powerful concept.
Speaker 1:I love that. I think we've covered just about everything here.
Speaker 2:I think so too. We've gone through the benefits.
Speaker 1:Yeah.
Speaker 2:The pitfalls, the legal essentials.
Speaker 1:Yeah.
Speaker 2:Emotional stuff. We really, we really went deep.
Speaker 1:I did a deep dive.
Speaker 2:We did a deep dive. We did a deep dive and I think it's safe to say that co-ownership it's a powerful tool that can open doors to home ownership, create a more fulfilling lifestyle.
Speaker 1:But, like we talked about, it's not something to jump into without thinking. Requires planning communication willingness to embrace the shared responsibilities and the rewards. Willingness to embrace the shared responsibilities and the rewards.
Speaker 2:Yeah, it's all about going into it with that sense of adventure, a spirit of collaboration, a commitment to making it work.
Speaker 1:So, as we wrap up, I want to leave you, the listener, with a question to ponder.
Speaker 2:Ooh, a question I like it.
Speaker 1:If you were to consider co-ownership, what would your ideal scenario look like? Would you be looking to do this with a close friend, a sibling, maybe even like someone you haven't even met yet, but they share your vision for this?
Speaker 2:I think a whole world of possibilities just opens up.
Speaker 1:Right and then think about the type of property you could go for together.
Speaker 2:Oh yeah.
Speaker 1:Would it be like a big house in the suburbs where everybody has their own space? Right, and then think about the type of property you could go for together. Oh yeah, would it be like a big house in the suburbs where everybody?
Speaker 2:has their own space.
Speaker 1:Right, or like a cool condo downtown where you can, you know, really embrace that city life.
Speaker 2:Or maybe a vacation home.
Speaker 1:Ooh.
Speaker 2:Somewhere incredible. Share it with like-minded people.
Speaker 1:It's like unlocking a secret level.
Speaker 2:I love that.
Speaker 1:In the game of homeownership.
Speaker 2:Yeah.
Speaker 1:All of a sudden, you've got these new tools, new strategies, a whole new team of potential players.
Speaker 2:You do and you know we've talked a lot about the planning legal stuff.
Speaker 1:Yeah.
Speaker 2:I just I don't want to lose sight of the fun of it.
Speaker 1:The excitement, the excitement, yeah.
Speaker 2:The potential joy of this kind of partnership.
Speaker 1:Absolutely. It's about finding those people who share your vision.
Speaker 2:Yeah. Who are in it for the long haul? Yeah, or ready for the adventure?
Speaker 1:Your co-ownership dream team I like it. I know right. So maybe this deep dive has sparked some ideas for you. Maybe you're thinking about those what-if conversations you want to have.
Speaker 2:Yeah, with your friends, with your family.
Speaker 1:So if you've been feeling priced out, you know, or maybe you're just looking for a more connected way of living, give co-ownership some serious thought.
Speaker 2:Yeah, do your research.
Speaker 1:Yeah.
Speaker 2:Find your people.
Speaker 1:Connect with some potential partners. And remember, like any great adventure, it really is about the journey, the journey. Thanks for joining us for this deep dive into the world of real estate co-ownership. We hope you've learned a few things, got some food for thought and, hey, maybe even a little inspiration to explore this path to homeownership. Until next time, happy co-owning.
