Find a home in West LA. The best Coliving Experience you will ever find in LA!
SharedEasy operates and manages your property to address the unique housing needs of America’s millennial population.
We stand for a high-quality resident experience, a hassle-free process for acquiring accommodation, tech-enabled services, and a commitment to building community so that “newcomers to New York” feel at home.
The millennial mindset
The theme amongst millennials today is “asset-light” and this applies most significantly to housing. Young people are seen doubling up in shared living arrangements or living at home with their parents.
Macro-economic dynamics
Slow rise in wages
Rapid rise in rental prices
Huge education loans
Home buying unaffordable
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Societal & cultural shifts
Work-at-home after COVID19
Prefer asset sharing to asset owning
Prefer flexibility to residence
Value community experience
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Need for American real-estate to re-orient itself
to serve a remarkable new generation of digital nomads and a new population of “work-at-home” which roughly believes monthly rent isn’t tied to a single address
Why coliving for your property?
Your property is a financial asset and therefore making good the investment would be your primary focus. Coliving puts your property in a higher asset class and boosts rental yields on by 30 to 50 bps.
Baseline yield scenario
Single household
No services
Max 10% yield on investment assuming 0% vacancy
Coliving yield scenario
Multiple unrelated tenants
Operator provides services and tenant management >15% yield and no vacancy headache
Uptick in yields even after paying management fees
not to mention the sheer peace of mind from having a professional company manage your property and your tenants
Flexible angagement models
We stand for a high-quality resident experience, a hassle-free process for acquiring accommodation, tech-enabled services, and a commitment to building community so that “newcomers to New York” feel at home.
Pure Lease Model
Fixed rental paid by SharedEasy to owner as per agreement
Lease term is 3-5 years
Owner hands us the property with completed renovation
Henceforth SharedEasy is responsible for operations and minor renovations
Owner bears the opex while SharedEasy runs the processes and manages tenants
Owner gets income security but foregoes the upside in revenues
Management Model
Rental income as per collections on property. Owner pays SharedEasy a fixed % as management fees
Longer lease term of 5 – 15 years
Owner hands us the property with interiors as per our design
Henceforth SharedEasy is responsible for operations and minor renovations
Owner bears the opex while SharedEasy runs the processes and manages tenants
Owner gains upside in revenues
We make your life stress-free
It takes a professional property manager to deliver coliving as a complete product to a home seeker in a cost-efficient way.
100% legal
Our lawyers handle all legal aspects of property management and make sure your leases are legal before putting your property on the market
Technology
Our tech interface makes all interactions just a tap away on the phone screen, from booking to payments to service requests. Just the way millennials like it
Property design
Custom-designing each property for coliving is an art we specialize in such as providing microhome-like functionalities within a bedroom or common areas that accommodate multiple adults living different lives
Community focus
Ensuring high occupancy is a function of community bonding. Tenants are known to pay more and stick to a place for an all-inclusive community experience which we take care of to provide in all properties managed by us
No more tenant management
When your property turns into coliving, members increase, making managing even a single building more complex. We take over the headache of keeping rooms filled and tenants happy
Zero vacancy issues
Say goodbye to loss of income due to vacancy. SharedEasy is affordable, comfortable, convenient, and millennial-centric ensuring low vacancy rates. Our demand is high, more than 100 new qualified application per week
Come on-board!
Let’s face it, the United States suffers from a severe urban housing shortage with real estate developers unprepared to meet the changed housing requirements of the millennial generation. SharedEasy believes coliving is the best answer for this crisis giving youth access to quality real estate and quality life.
If you are looking to invest in coliving we are here to help you realize the full potential of your property.