Cohousing-L Mailing List: Re: Sr Cohousing Hits Mainstream Investing: Motley Fool

[Joyce Cheney (jcheneyjc]

Where is the one rental coho in AZ or NM? I thot I knew them all. Tnx Joyce 
Cheney 

Sent from my iPhone

> On Mar 19, 2020, at 3:11 PM, Ann Zabaldo <zabaldo [at] earthlink.net> wrote:
> 
> Hello all —
> 
> Here’s an article on investing in Sr. Cohousing that appeared in a Motley 
> Fool newsletter.
> 
> https://www.fool.com/millionacres/real-estate-basics/real-estate-terms/senior-cohousing-the-next-senior-housing-investment/
> 
> On the one hand … YAY!  Invest in Sr. Cohousing!  Especially RENTAL 
> Cohousing!  FROM THE ARTICLE:  <Senior cohousing communities that are made up 
> of rentals will be more like owning a rental portfolio of single-family 
> homes. The cohousing rent model may become more popular as older people 
> consider housing options that will allow them to have more flexibility.>  
> YES!  PLEASE INVEST!  
> 
> On the other hand…Uh oh.  Somebody needs to talk to the writer before this 
> goes further.  He got some of the characteristics of cohousing kind of right. 
>  BUT he is writing about a standard investment model which may not fit the 
> nooks and crannies of cohousing.
> 
> For instance, I don’t understand this from the article:
> 
> Investing in senior cohousing requires a much different approach than most 
> other real estate investments. Cohousing communities are basically 
> neighborhoods that consist of like-minded people, so the investment strategy 
> would be similar to developing a subdivision. < Other elder cohousing 
> communities are a group of single-family rental properties.>  I KNOW OF ONE 
> SR. COHOUSING RENTAL COMMUNITY IN AZ OR NM.  ARE THERE OTHERS?  WE CERTAINLY 
> NEED RENTAL COHOUSING BOTH INTERGENERATIONAL AND SR. COHOUSING.
> 
> The writer doesn’t address the deeper aspects of collaborative development — 
> especially the future residents having a say in the design and development of 
> the community.  And having a say in many more aspects such as the Bylaws.  
> Many more aspects …
> 
> What do you think of this article?
> 
> Best --
> 
> Ann Zabaldo
> Takoma Village Cohousing
> Washington, DC
> Member, Board of Directors
> Mid Atlantic Cohousing
> Principal, Cohousing Collaborative, LLC
> Falls Church, VA
> 202.546.4654
> 
> I was going to make a joke about sodium and hydrogen, but NaH..
> 
> 
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