Why Choose Shared Housing?

Your average landlord makes revenue by renting their unit to a single family, which averages between $1,500 and $3,000 per month. With shared housing you charge rent for each tenant, which allows you to triple or quadruple profits for that property. Landlords can expect to make between $5,000 and $8,000 per month with shared housing.


Shared housing provides services to tenants that do not require skilled nursing services; providing tenants with an affordable alternative to expensive group homes and nursing facilities. Basic services such as dining, laundry and transportation are all that is necessary when providing shared housing.


When tenants don’t pay rent landlords are down a source of income; in addition they may even be losing more money if they have to pay utilities associated with the property. When this occurs many landlords start eviction proceedings, however choosing to evict a tenant can be a costly move. Eviction filings and proceedings cost landlords an average of $3,500 per eviction. With shared housing there is no eviction process; all tenants sign an agreement of house rules and if they violate this agreement you have to authority to remove them immediately, without the use of litigation.


You will provide housing for individuals who are in need of a helping hand to get their lives back on track. Without shared housing most of these individuals would cycle in and out of homeless shelters and hospitals. The housing you provide gives these individuals hope for a better future.


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