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The Co-Living Show

The Co-Living Show

By: Craig Curelop and Miller McSwain
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Co-living is one of the most misunderstood, and highest-potential, ​ strategies in residential real estate investing. Most investors hear the buzzwords, see the cash-flow claims, and immediately assume it’s either too risky, too operationally intense, or too complicated to scale. The truth is simpler: coliving work exceptionally well when built on systems, governed by operational clarity, and executed like a real business, not a side hustle. The Co-Living Show exists to make that clarity accessible for serious professionals who want smarter returns without gambling on guesswork.


Hosted by BiggerPockets authors Craig Curelop and Miller McSwain, The Co-Living Show goes far beyond surface-level real estate content. This is the only real estate investing podcast dedicated exclusively to the economics, operations, regulations, and strategic frameworks that drive high-density co-living and shared housing at scale. Whether you’re new to the model or a high-earning, time-poor professional seeking exposure to a sophisticated cash-flow real estate strategy without becoming an operator, this show delivers the confidence, understanding, and insight needed to invest intelligently.


Each episode takes you inside the real-world systems behind co-living performance. You’ll hear from operators running multi-market portfolios, attorneys specializing in zoning and compliance, designers who understand space optimization and profitability, lenders financing room-by-room rental strategies, and property managers and city officials shaping the future of affordable housing innovation. You’ll also hear from the Co-Living Cash Flow Community, everyday investors solving operational challenges and executing the exact frameworks discussed on the show.

👉 Join the community: www.millermcswain.com/community


There is no fluff here. No hype. No motivational noise. Every conversation is grounded in data, regulatory insight, operational logic, and investor-level clarity. Co-living is not “passive income.” It’s not a shortcut. It’s a system. And systems — when executed correctly — produce scalable, predictable returns that outperform traditional rental models. This is not speculative theory. It’s cash-flow real estate strategy in action.


Craig brings acquisitions, underwriting, and market strategy. Miller brings operations, pricing systems, and standardization frameworks that make coliving scalable. Together, they deliver an operator’s perspective of an asset class most investors only see from the outside. As BiggerPockets authors, educators, and practitioners, they simplify complexity without diluting truth: coliving works, but only when done correctly.


You’ll hear underwriting breakdowns, operator case studies, deal teardowns, regulatory realities, tenant strategy, market analysis, and the economic logic behind high-density residential investing. You’ll learn how to invest passively, partner with experienced operators, or simply understand the business model in depth, even if you never plan to manage a property yourself.


The Co-Living Show does not claim co-living works.
It proves when, why, and under what conditions it works.


If you want confidence instead of conjecture, systems instead of speculation, and clarity instead of chaos, this is your source of truth for professional-grade residential real estate investing.


Subscribe and join thousands of investors building deeper understanding, stronger portfolios, and smarter strategies, without wasting time on noise.


This is the future of residential real estate investing. And now you’ll finally understand how it works.



© 2026 The Co-Living Show
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Episodes
  • EP 18 - From 65% to 95%: How Pascal Wagner Turned Around a Failing Co-Living Portfolio
    Jun 11 2026

    Pascal Wagner bought 12 properties in two years, and then his occupancy dropped to 65%. In this episode, he shares how he booked a one-way ticket to Atlanta, fixed the bleeding, and rebuilt his portfolio into a 104-room operation running at 95% occupancy and a 25% cash-on-cash return.

    Pascal is a true problem-solver, and he gives a masterclass in co-living operations: how to keep houses clean, set firm standards, reduce churn, and build a team that lets you sleep at night.

    What you'll learn:

    • How deferred maintenance crushed his occupancy, and the turnaround that reversed it
    • The "graffiti train" effect and why small messes escalate fast
    • Building a "tattle culture" with cameras, fines, and clear expectations
    • Why he ditched house managers for dedicated cleaners
    • Welcome baskets, onboarding calls, and slashing 90-day churn
    • The case against pushing rents, and why filling rooms wins
    • Refinancing co-living, navigating appraisals, and staying upfront with lenders
    • His current thesis: buy ugly, renovate right, and pull your capital back out

    🏠 Join our FREE co-living community: https://www.millermcswain.com/community

    📲 Follow us on Instagram:
    Miller McSwain — https://www.instagram.com/millermcswain
    Craig Curelop — https://www.instagram.com/craigcurelop

    🔗 Connect with Pascal Wagner on LinkedIn: https://www.linkedin.com/in/pascalwagner

    Enjoyed the episode? Leave us a rating and review, it helps us reach more co-living operators.

    Show More Show Less
    1 hr and 8 mins
  • EP 17 - From College Football to Phoenix's #1 Co-Living Property Manager
    Jun 4 2026

    Corey Enman runs the largest co-living property management company in Phoenix — 40+ houses and 100+ rooms — and in this episode he gets tactical about exactly how he does it. This is a pen-and-paper one: the specific softwares, screening rules, and operations systems he's spent three and a half years refining.

    Corey walks through his SWAT cleaning system (sweep, wipe, attend to the bathroom, take out the trash), why he switched residents to Telegram instead of WhatsApp, and the screening criteria that keep his houses problem-free, including why he turns away smokers every time. He also breaks down good market vs. bad market dynamics, why he now targets 11-bed/4-bath houses that cash flow $2K+ a month, and the four phases of scaling a co-living business from scrappy solo operator to a real management company.

    Plus: the power of niche vs. general masterminds, the $1 first-month trick to fill empty rooms, when to make your first hire, and a co-living horror story involving nine people in a four-person house that changed how Corey screens forever.

    In this episode:

    • The SWAT cleaning system that keeps 40+ houses clean with one VA
    • Telegram vs. WhatsApp for resident communication
    • Tenant screening: smoking, pets, guests, income, credit & criminal history
    • Why co-living cash flows in both up and down markets
    • The 11-4 floor plan and why 7-bed houses no longer pencil
    • The four phases of scaling and when to hire
    • A jaw-dropping co-living horror story

    Follow us on Instagram:

    Craig Curelop — @craigcurelop
    Miller McSwain — @millermcswain
    Corey Enman — @corey.enman

    Join our free co-living community: www.millermcswain.com/community

    Show More Show Less
    1 hr and 9 mins
  • EP 16 - Inside PadSplit: A Host Advisor Reveals What Actually Works
    May 27 2026

    Most of the co-living world runs on PadSplit — but Craig and Miller don't operate on it themselves. So they invited a PadSplit insider to explain exactly how it works.

    Suzanne Vetillart, a Host Advisor at PadSplit and an 8-year Seattle investor, joins the show to demystify the platform: what it is, who it's for, what it costs, and why the affordable housing opportunity is only getting bigger. From the membership agreement and fee structure to the early-adopter advantage in markets like Seattle, this episode is a clear, honest look at PadSplit from someone on the inside — useful whether you're a host on the platform or operating right alongside it.

    A standout takeaway: stop thinking of PadSplit as a vendor and start thinking of it as a partner. They bring the platform and the marketing muscle; you bring the operations — and together you solve the affordability crisis while building a real business.

    Follow along:

    Craig Curelop → instagram.com/craigcurelop

    Miller McSwain → instagram.com/millermcswain

    Suzanne Vetillart → instagram.com/suzannevetillart

    Show More Show Less
    56 mins
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