About co-ownership
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How Co-Ownership Works
With CoHome, you become an exclusive co-owner of real estate through a defined ownership percentage, not an equal split with a fixed number of owners.
Each property is divided into distinct ownership portions that together make up 100% of the home. These portions are typically based on bedrooms, bathroom access, or entire living units, and are priced according to their relative value.
You own your portion through a property-specific LLC, making you a legal owner of the property.
Ownership & Voting Rights
- Each property is owned by a dedicated LLC
- You receive ownership and voting rights proportional to your ownership percentage
- Co-owners vote on major decisions such as capital improvements and structural changes
- CoHome acts as the LLC manager and does not own any portion of the property
How Expenses Are Shared
Home expenses are allocated pro rata based on ownership percentage, including:
- Mortgage payments
- Property taxes and insurance
- Maintenance and operating costs
If you own 20% of the property, you pay 20% of the annual expenses, spread evenly across the year.
Overview of Ownership Costs
At the Time of Purchase
Your purchase price includes:
- Your ownership portion of the down payment
- Closing and legal costs
- Inspection, appraisal, and sourcing fees
- Initial insurance, taxes, and reserves
Monthly Costs
Monthly costs are also proportional to ownership percentage and typically include:
Owner Operating Expenses
Shared mortgage, tax, insurance, and property costs.
Property Management Fee
A percentage of rental income that supports leasing and daily operations.
CoHome Asset Management & Performance Fee
Designed to align CoHome’s incentives with owner returns.
How Expenses Are
Shared
Home expenses are allocated pro rata based on ownership percentage, including:
- Mortgage payments
- Property taxes and insurance
- Maintenance and operating costs
If you own 20% of the property, you pay 20% of the annual expenses, spread evenly across the year.
Management Fee Example
(Realistic Illustration)
Rental Scenario
- Annual rental income: $200,000
- Property management fee: 3% of rental income
- 3% of $200,000 = $6,000 per year
- $6,000 ÷ 12 months = $500 per month
- If you own 20% → $100 per month
Owner-Occupied Scenario
- Property value: $800,000
- Property management fee: 1% of property value
- 1% of $800,000 = $8,000 per year
- $8,000 ÷ 12 months = $666 per month
- If you own 20% → $133 per month
Performance Fee
The performance fee applies only when return targets are exceeded and is designed to reward value creation, not volume.
Actual fees vary by property, rental performance, and ownership percentage.
How You Earn
Your returns are directly tied to your ownership percentage.
Rental Income
Net rental income is distributed in proportion to ownership.
Property Appreciation
When the property increases in value, your ownership share appreciates with it.
Resale Flexibility
After 12 months, you may list your ownership portion at market value. CoHome helps facilitate resale.
Most properties are designed for a three-year holding period, though many owners choose to hold longer.
Live, learn, and own—all at once.
A shared home designed for college students who want more than just a place to stay. Imagine living in a vibrant community where you not only share spaces and make memories with friends but also enjoy the benefits of fractional ownership. This means having an actual stake in the property, building equity while you're still in school. Say goodbye to typical rentals and hello to a future where your home investment grows with you.
Simple Takeaway
You don’t own an abstract fraction.
You own a defined portion of a real home, with costs, income, and appreciation aligned to your ownership.
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