#301 - Sam Wegert - How Co-Living Creates Affordable Housing and Big Profits
Description
Joining us on this episode of Living Off Rentals is someone who turned a simple idea—renting out spare rooms—into a thriving real estate empire.
Sam Wegert is the founder of Scale Your Co-Living Real Estate and leads the largest co-living mastermind in the world. He and his wife reached financial freedom by their early 20s and have since built a 2,500-door portfolio that blends strong cash flow with affordable housing.
Listen as he shares how he went from running a martial arts school at 16 to discovering the co-living model by accident, why shared housing can outperform traditional rentals, and what systems make it work sustainably at scale.
Enjoy the show!
Key Takeaways:
[00:00 ] Introducing Sam Wegert and his background
[02:27 ] Getting into real estate from the martial arts business
[03:50 ] Creating a second financial engine in your life
[07:10 ] How Sam discovered co-living by accident
[09:48 ] Why co-living outperforms Airbnb and traditional rentals
[13:43 ] Key differences between Sam's model and PadSplit
[14:40 ] Typical co-living members and lease lengths
[18:00 ] Handling tenant conflicts and maintaining harmony in shared homes
[20:17 ] Using membership agreements instead of traditional leases
[22:58 ] What rent pricing looks like in the co-living model
[27:18 ] Turning square footage into rentable rooms
[33:55 ] Can you resell co-living homes?
[36:32 ] The invoice authorization strategy
[39:34 ] Sam's advice for first-time real estate investors
[42:46 ] Connect with Sam Wegert
[43:08 ] Outro
Guest Links:
Website: https://scaleyourrealestate.com/
Show Links:
Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals
Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast
Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals
Living Off Rentals Website – https://www.livingoffrentals.com/
Living Off Rentals Instagram – instagram.com/livingoffrentals
Living Off Rentals TikTok – tiktok.com/@livingoffrentals
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