Travis Business Advisors Podcast | TBA Podcast
I’m Slava Davidenko, founder of Travis Business Advisors, ABBA, IBBA and TABB member, Accredited Business Intermediary, Chicago GSB MBA.
I have 35 years of leadership experience in investing, operations and high-stakes deals. I’m building an Austin advisory for small and medium sized businesses.
On this channel, I share insights for Austin business owners planning an exit and buyers, planning to buy business located in Austin - whether five years away from the deal or just three months.
If you own a car wash, dental or veterinary practice, private school or education center, self-storage, or senior care - selling isn’t simple. Valuation, structure, taxes, transition, real estate, growth story - every decision affects your outcome.
Most brokers oversimplify. I don’t.
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DISCLAIMER: This content is for educational purposes only and does not constitute legal, tax, financial, or investment advice. Always consult qualified professionals. Individual results vary significantly.
Travis Business Advisors Podcast | TBA Podcast
Is 'House-Sharing' the Ultimate Life Hack for Millennials and Gen Z?
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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: All scenarios are composite, hypothetical, or modified for confidentiality — no real transactions are depicted. Financial outcomes are illustrative only, not guarantees. This content is educational only and does not constitute legal, tax, financial, or brokerage advice. No professional-client relationship is created. Consult qualified professionals before making any business decisions.
All right, everyone ready to jump in? Today we are going deep on real estate co-ownership.
Speaker 2Ooh, co-ownership sounds intriguing.
Speaker 1It is. It's basically ditching the whole, going solo on buying a home thing.
Speaker 2Okay.
Introduction to Real Estate Co-Ownership
Speaker 1Instead, 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 2So it's not just for like couples anymore.
Speaker 1Exactly. 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 2Wow.
Speaker 1Realizing that this could be their way to actually get into the market.
Speaker 2I could see why I mean the housing market right now is it's a beast.
Speaker 1Oh, it's tough.
Speaker 2Especially if you're like a millennial.
Speaker 1Oh, tell me about it.
Speaker 2Or Gen Z, you know, trying to figure things out.
Speaker 1Yeah, and all of our sources are pointing to some pretty compelling reasons for that.
Speaker 2Okay, like what.
Speaker 1I 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 2Oh it's crazy compared to what people are actually earning, it's wild.
Speaker 1Right. 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 2Right, or just splitting all the bills that come with owning a place. It never ends.
Speaker 1It 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 2That makes sense. It's a huge hurdle.
Speaker 1Huge. 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 2Oh, interesting.
Speaker 1You know like imagine being able to afford a place that's actually in your dream neighborhood.
Speaker 2Right.
Speaker 1With the features that you wouldn't even think about if you were going solo.
Speaker 2That's true, like you could actually upgrade your lifestyle. Totally and build equity together.
Speaker 1Yes, one of the sources called it collaborative living.
Speaker 2I love that. I know I did too Like yeah, you're not just splitting bills.
Speaker 1You're building something.
Speaker 2Yeah.
Speaker 1I actually love this. One example there was this group of six friends in Toronto.
Speaker 2Okay.
Speaker 1They co-own this seven bedroom house.
Speaker 2I knew someone Seven bedrooms. That's a mate.
Speaker 1They've got this whole system for shared meals. They share chores. They even have a dedicated space for co-working.
Speaker 2Wow, that's living the dream.
Speaker 1They'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 2Especially because I feel like younger generations aren't so tied to that traditional nuclear family in a single family home.
Speaker 1Right, it's just not the same anymore.
Speaker 2Yeah, so this like flexible, community driven alternative is, I think, really appealing to a lot of people.
Why Co-Ownership is Gaining Popularity
Speaker 1Yeah, 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 2There are definitely some potential downsides, Right? So like red flags.
Speaker 1Yeah.
Speaker 2What should people watch out for?
Speaker 1Big 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 2Oh yeah.
Speaker 1Like 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 2And 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 1Yeah, Like one of the sources mentioned, you know different opinions on having guests over.
Speaker 2Oh yeah, that's a big one.
Speaker 1Noise levels, yeah, even just like different cleaning styles.
Speaker 2Oh yeah.
Speaker 1Imagine trying to share a bathroom with someone who is like a total neat freak when you're a little more laid back.
Speaker 2That's a recipe for disaster.
Speaker 1Total disaster.
Speaker 2Oh man, that's actually exactly what happened to Celeste.
Speaker 1Oh, Celeste.
Speaker 2Yeah, her story like really stood out in the research.
Speaker 1Oh no, what happened?
Speaker 2She jumped into this co-ownership deal with two friends in Austin.
Speaker 1Okay.
Speaker 2And it just turned into a nightmare.
Speaker 1Oh no.
Speaker 2Constant delays with renovations. They couldn't agree on if they should rent out a spare room or not.
Speaker 1Oh wow, no-transcript. That's not easy, right.
Speaker 2No, not at all.
Speaker 1She couldn't just be like see ya and walk away?
Speaker 2Exactly, 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 1Yes.
Speaker 2And how they can actually protect everyone involved.
Speaker 1Absolutely, 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 2Right.
Speaker 1The benefits of co-ownership. They're still huge, right. So how do we make this work? What are the keys to success?
Speaker 2Yeah, 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 1Yeah.
Speaker 2You wouldn't just hop in the car without a map snacks.
Speaker 1Right.
Speaker 2You know clear understanding of who's driving when.
Speaker 1I like that analogy, yeah. So what's on our co-ownership road trip checklist?
Speaker 2All right. So first things first. Okay, choosing the right people to partner with.
Speaker 1Okay.
Speaker 2And 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 1It 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 2Exactly, 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 1Oh yeah.
Speaker 2So 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 1Speaking 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 2You need to clearly define each person's ownership percentage.
Speaker 1Okay.
Speaker 2This determines how much each person is contributing financially Right and what share of the property they actually own.
Speaker 1So if I'm putting in like 60 percent of the down payment, I think I own 60 percent Exactly.
Speaker 2Ok, and that ownership percentage.
Speaker 1That also dictates how you split all the expenses.
Speaker 2Makes sense.
Speaker 1Mortgage payments, property taxes, insurance, all those fun maintenance costs that always seem to pop up.
Speaker 2Oh yeah, those Speaking of what about unexpected costs, Like what if the roof needs replacing? Like who decides? Who figures that out?
Speaker 1That's where having that clear process for making decisions.
Speaker 2Right.
Speaker 1Super important Co-ownership agreements. You know they specify that you have to have a majority vote.
Speaker 2Okay.
Speaker 1Some might require, you know, unanimous consent for certain things. It really depends on your comfort levels with risk.
Speaker 2This is starting to sound a little bit like running a small business.
Speaker 1You 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 2You also need a clear exit strategy.
Speaker 1Oh right.
Speaker 2What if someone wants to sell their share?
Speaker 1Right.
Speaker 2Do the other co-owners have the right of first refusal?
Speaker 1Okay.
Speaker 2How 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.
Keys to Successful Co-Ownership Arrangements
Speaker 1Right 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 2It does.
Speaker 1And we need to be prepared.
Speaker 2Absolutely. One source even recommended like oh what if we hate each other clause. Oh wow, I know it sounds a little dramatic.
Speaker 1Yeah.
Speaker 2But basically it just outlines a fair way to dissolve the partnership if things just aren't working out.
Speaker 1So it sounds like there's a lot to consider.
Speaker 2Yeah.
Speaker 1But it really does sound like, if done right, co-ownership could be a real game changer.
Speaker 2Oh, 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 1Shared purpose Right and it can really like create this sense of community, yeah, shared purpose.
Speaker 2Right that I think traditional homeownership sometimes lacks. It's about more than just bricks and mortar.
Speaker 1Yeah.
Speaker 2It's about building a life.
Speaker 1I 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 2Couldn'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 1Oh, I love the nuanced stuff. What are some of those like under the radar factors?
Speaker 2So one thing that I think often gets overlooked is shared values and lifestyles.
Speaker 1Okay.
Speaker 2It's easy to think oh, we get along great, now It'll be fine.
Speaker 1Yeah.
Speaker 2But you have to think about how your living habits might clash.
Speaker 1Right, this isn't just about like being compatible for a weekend trip.
Speaker 2Exactly.
Speaker 1This is like sharing a space.
Speaker 2This is your home.
Speaker 1Where you both feel comfortable and respected.
Speaker 2For 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 1Yeah.
Speaker 2And the other's a barbecue enthusiast.
Speaker 1That's true.
Speaker 2Social habits, you know, yeah, one person loves to host big parties.
Speaker 1Yeah.
Speaker 2The other one's like quiet nights in.
Speaker 1Right.
Speaker 2Even sleep schedules can become a huge issue.
Speaker 1Oh yeah, the night owl versus the early bird.
Speaker 2It's a real thing.
Speaker 1Right, it sounds like we need to add compatibility counselor to our road trip crew.
Speaker 2I mean, I wouldn't argue with that.
Speaker 1Right.
Speaker 2And 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 1Especially when things are tough.
Speaker 2Can you like resolve conflicts constructively?
Speaker 1Yeah.
Speaker 2You know, without letting things fester.
Speaker 1Because, let's be honest, conflict is going to happen. It's inevitable.
Speaker 2It's going to happen, so it's not about avoiding it.
Speaker 1Right.
Speaker 2It's about having the skills to navigate it.
Speaker 1So 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 2Financial transparency, yeah, huge.
Speaker 1Okay.
Speaker 2Before you even look at properties, together, open an honest conversation about each other's financial situations.
Speaker 1So income levels, debts, credit scores.
Speaker 2Yeah, all of it.
Speaker 1Spending habits.
Speaker 2Spending habits.
Speaker 1Yeah.
Speaker 2You got to know that everyone's bringing their A game.
Speaker 1Right Financially and there aren't any like hidden surprises.
Speaker 2Oh for sure. And speaking of surprises, yeah. Financial ones.
Speaker 1Okay.
Speaker 2You got to have a plan for those unexpected expenses.
Speaker 1Right, like what if the boiler breaks down in the middle of winter? Exactly, who's paying for that Right? Who's responsible, right?
Speaker 2Ideally, you'd have an emergency fund set aside. Okay, like a co-ownership rainy day fund.
Speaker 1I love that.
Speaker 2Right. 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 1It 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 2Totally, 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 1Right.
Speaker 2Any potential issues.
Speaker 1Yeah.
Speaker 2Get 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 1So what does checking the oil look like?
Legal Agreements and Financial Transparency
Speaker 2It 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 1It's about creating that culture of open communication, exactly when everyone feels comfortable expressing their needs and concerns.
Speaker 2Yeah, you want to make it okay to say, hey, I'm feeling a little cramped or can we talk about the grocery shopping?
Speaker 1These things might seem small.
Speaker 2They do.
Speaker 1But they can snowball.
Speaker 2Oh, they can snowball.
Speaker 1Into 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 2Yes.
Speaker 1Financial transparency Yep Planning for unexpected expenses.
Speaker 2Right.
Speaker 1Maintaining communication. That's a lot to juggle.
Speaker 2It 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 1It's about finding that sweet spot where you're not just roommates splitting bills. Right, you're a team.
Speaker 2Yes.
Speaker 1Working together to build a home.
Speaker 2Yes.
Speaker 1And, honestly, a life that you're all excited about.
Speaker 2You did it perfectly and when it's done right, yeah, co-ownership can be such a transformative experience.
Speaker 1We've covered so much here.
Speaker 2We have.
Speaker 1But there's one more aspect of co-ownership that I think is worth exploring.
Speaker 2Okay, 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 1It's like this social experiment.
Speaker 2Yeah.
Speaker 1Where you're voluntarily choosing to like blend your life with someone else's. You're going to see each other at your best.
Speaker 2Oh, for sure and worst, the good the best.
Speaker 1There'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 2And that can be amazing.
Speaker 1Yeah.
Speaker 2It can be so great creating that sense of connection.
Speaker 1Yeah.
Speaker 2And support.
Speaker 1Yeah.
Speaker 2But you know it can also lead to friction if you're not careful.
Speaker 1So how do you strike that balance between, like, maintaining privacy and having that like healthy intimacy? It feels like a tight rope walk.
Speaker 2It 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 1Right, because I feel like those boundaries might need to change over time. Oh, 100% as the relationship evolves as life happens.
Speaker 2Life happens, things change, people change.
Speaker 1You 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 2It goes both ways.
Speaker 1Or vice versa.
Speaker 2Exactly that's why ongoing communication is so, so important.
Speaker 1Okay.
Speaker 2You got to constantly check in, make sure everyone's needs are being met.
Speaker 1So, in addition to all the practical stuff, the legal stuff, we really have to be mindful of the emotional dynamics.
Speaker 2Absolutely.
Speaker 1It's almost like emotional intelligence becomes this key factor in making this work.
Speaker 2Co-ownership can be incredibly rewarding financially and emotionally.
Speaker 1Yeah.
Speaker 2But you got to go into it with your eyes wide open.
Speaker 1Right.
Speaker 2Willing to work through the challenges that are inevitably going to come up.
Speaker 1And that's where having the right partner, a solid agreement, that healthy communication all come in.
Speaker 2It'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 1Yeah.
Speaker 2Living in isolation. It's like the American dream is getting makeover pointed to that.
Speaker 1Like younger generations. They're way more open to these alternative living arrangements and they're putting more value on community and shared experiences.
Speaker 2Absolutely.
Speaker 1It'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 2Pooling resources, yeah, and co-ownership just fits right into that. It totally does. Pooling resources.
Speaker 1Yeah.
Speaker 2Sharing responsibilities Building community.
Speaker 1And 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 2It's this wave of people saying, hey, maybe we can do this better together.
Speaker 1Together Exactly. It's a trend that's probably going to continue right.
Speaker 2I 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 1So co-ownership isn't just a financial strategy.
Speaker 2No.
Speaker 1It's a cultural phenomenon.
Speaker 2It is.
Speaker 1Reshaping how we think about home and community.
Speaker 2It's about belonging. Yeah, sharing resources, supporting each other.
Speaker 1Yeah.
Speaker 2And, you know, in a world that can feel really isolating sometimes, right, that's a really powerful concept.
Emotional Dynamics and Communication
Speaker 1I love that. I think we've covered just about everything here.
Speaker 2I think so too. We've gone through the benefits.
Speaker 1Yeah.
Speaker 2The pitfalls, the legal essentials.
Speaker 1Yeah.
Speaker 2Emotional stuff. We really, we really went deep.
Speaker 1I did a deep dive.
Speaker 2We 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 1But, 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 2Yeah, it's all about going into it with that sense of adventure, a spirit of collaboration, a commitment to making it work.
Speaker 1So, as we wrap up, I want to leave you, the listener, with a question to ponder.
Speaker 2Ooh, a question I like it.
Speaker 1If 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 2I think a whole world of possibilities just opens up.
Speaker 1Right and then think about the type of property you could go for together.
Speaker 2Oh yeah.
Speaker 1Would 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 2has their own space.
Speaker 1Right, or like a cool condo downtown where you can, you know, really embrace that city life.
Speaker 2Or maybe a vacation home.
Speaker 1Ooh.
Speaker 2Somewhere incredible. Share it with like-minded people.
Speaker 1It's like unlocking a secret level.
Speaker 2I love that.
Speaker 1In the game of homeownership.
Speaker 2Yeah.
Speaker 1All of a sudden, you've got these new tools, new strategies, a whole new team of potential players.
Speaker 2You do and you know we've talked a lot about the planning legal stuff.
Speaker 1Yeah.
Speaker 2I just I don't want to lose sight of the fun of it.
Speaker 1The excitement, the excitement, yeah.
Speaker 2The potential joy of this kind of partnership.
Speaker 1Absolutely. It's about finding those people who share your vision.
Speaker 2Yeah. Who are in it for the long haul? Yeah, or ready for the adventure?
Speaker 1Your 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 2Yeah, with your friends, with your family.
Speaker 1So 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 2Yeah, do your research.
Speaker 1Yeah.
Speaker 2Find your people.
Co-Ownership as a Cultural Phenomenon
Speaker 1Connect 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.