Millennials, people who belong to the age group 16 to 34, tend to have more than one job and are known for having multiple contracts. They are less committed to rents and are known to have a liking for working in a shared space. The concept of working within a shared space is not a new idea, but rather made famous by this group of people.

In today’s episode, I talk about the benefits of getting out of your home and doing your work at a shared working space - more popularly known as co-working spaces. I also share some of the plans I have as I convert my conference facility into a co-working space. If you are a real estate investor, I also share some points to consider if you desire to repurpose your property and convert it into coworking spaces.

For me, [a coworking space] is a moneymaker. It’s a community-maker. It’s a team-maker.

In This Episode of Real Money Talks: 

Reasons why coworking spaces appeal to Millennials
Advantages and disadvantages of sharing working spaces
Concerns and considerations when building a coworking space business
The competitive edge of owning a coworking space in Nevada compared to simply having a post office box
Benefits of leasing a coworking space in Nevada over other states in the country

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Co-Working Spaces - We're Building an Awesome One