EP 18 - From 65% to 95%: How Pascal Wagner Turned Around a Failing Co-Living Portfolio cover art

EP 18 - From 65% to 95%: How Pascal Wagner Turned Around a Failing Co-Living Portfolio

EP 18 - From 65% to 95%: How Pascal Wagner Turned Around a Failing Co-Living Portfolio

Listen for free

View show details

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.

adbl_web_anon_alc_button_suppression_t1
No reviews yet