Why Co-Living Is the Most Underpriced Asset in Real Estate

Episode Summary

In this episode of Groundbreakers, Jonah Platovsky, founder of The Coliving Concierge, shares how he’s helping real estate investors unlock 15 to 30 percent cash-on-cash returns by converting traditional properties into co living spaces. Jonah walks us through his journey from Wall Street and crypto to real estate, and explains why he believes co living is the most underpriced and underutilized asset class in today’s market.

With over 100 successful placements and 50-plus investors helped, Jonah breaks down the economics, operations, and emerging trends in the co living space—offering insights for both first-time and seasoned investors.

Key Points Discussed

• From Wall Street to Real Estate: Jonah started in M&A and tech before discovering creative financing and alternative real estate strategies like subject-to and seller financing.
• Why Co Living Works: Jonah explains how co living offers both affordability for tenants and unmatched yield for investors, outperforming long-term rentals and even short-term rentals in many cases.
• Building the Investor Hub: To help meet investor demand, Jonah created a marketplace of vetted co living deals, making it easier to find, underwrite, and close high-yield opportunities across the country.
• Market Trends and Alpha: Jonah shares his thoughts on the top markets for co living—like Atlanta, Kansas City, and Gainesville—and explains how early movers can take advantage of regulatory shifts and untapped demand.
• Passive Opportunities: For investors who don’t want to be hands-on, Jonah also outlines how The Coliving Concierge is structuring passive investments with equity upside and double-digit returns.

Guest Information

• Name: Jonah Platovsky
• Role: Founder at The Coliving Concierge
• LinkedIn: Jonah Platovsky
• Website: thecolivingconcierge.com

Conclusion

Jonah Platovsky is on a mission to make co living a mainstream asset class for real estate investors. With the housing crisis worsening and yields compressing elsewhere, co living offers a unique blend of impact and return. Whether you’re looking to go active or passive, Jonah’s story shows there’s still blue ocean ahead.