Florida Co-Living Lawsuit: What Investors Need To Know | Astroflipping Breakout
Wholesale Hotline | Brent Daniels
Wholesale Hotline
4.9 • 586 Ratings
🗓️ 16 April 2025
⏱️ 12 minutes
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Summary
In today's Wholesale Hotline (Astroflipping Edition), Jamil breaks down the shutdown of a large co-living company, and what it means for the industry.
Show notes -- in this episode we'll cover:
- Jamil breaks down the surprise shutdown of Docked Living in Tampa, what led to it, and the implications going forward.
- Despite full code compliance and permitted renovations, the property was deemed a fire hazard for housing six unrelated people—two more than the commissioner arbitrarily decided was acceptable.
- Jamil argues the real threat isn’t city policy, but “NIMBY” neighbors who weaponize complaints to block co-living—even when properties are clean, quiet, and fully legal.
- What Jamil suggests you do to shield yourself.
- With rising costs and limited housing supply, Jamil makes the case that co-living is not just viable—but essential—for solving America’s affordable housing crisis.
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Jamil has been in real estate since 2002, since then he mastered the art of Wholesaling Real Estate. He successfully built KeyGlee, which is now a National Franchise with over 100+ employees, spanning 180 US markets.
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He is also the host/star of his own TV show on a nationwide television network, A&E. Triple Digit Flip showcases Jamil, his sister Rahima, best friend Pace, and their real estate agent Laura wholesaling and flipping houses all over Arizona.
Jamil is also the co-host of the fastest growing podcast on Wholesale Real estate called “Wholesale Hotline.” Additionally, he started his own podcast called “To the Moon” where he highlights student success. Above all things listed about Jamil, his mission in life is to impact as many lives as possible, and share the knowledge he has with those that have a desire to learn.
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Transcript
Click on a timestamp to play from that location
| 0:00.0 | You are listening to an astro-flipping breakout with me Jamil Damgey on the Wholesale Hotline podcast. |
| 0:08.0 | We want to know how we are doing, so give us a rating and leave us a review. |
| 0:13.1 | Breaking news, co-living put to a stop in Florida. |
| 0:16.0 | I will tell you guys all about the most recent lawsuit and what you can do to not fall |
| 0:22.2 | victim to one of these aggressive lawsuits by aggressive city officials I've got a |
| 0:27.2 | tip that's gonna teach you how you can insulate yourself and still run a very |
| 0:31.2 | profitable co-living model what's going on guys Jamil Damjeet here and as you all know, I love co-living. Why do I love co-living so much? |
| 0:42.3 | Well, there has never been a real estate strategy that I've invested in that has had cash-on-cash returns upwards of 30% all the way to infinite returns. |
| 0:52.3 | And for a guy who loves his returns like me, that's really, really, really good stuff. |
| 0:59.0 | It helps me fall asleep at night knowing that I'm making all of this money, |
| 1:03.0 | that I'm sleeping on a pillow full of cash, and then we get hit with bad news. |
| 1:09.0 | Yes, in Tampa, Florida, the fire commissioner has sued and shut down |
| 1:13.9 | docked living, which is one of Tampa's foremost co-living providers. I'm going to talk about |
| 1:19.3 | what exactly happened there, why they were shut down, and what can be done to stop this from |
| 1:25.0 | happening to you in the future. So let's take a look at Doc Living. |
| 1:27.7 | I had a chance to take a look at their product offering and I have to say, these guys do a great |
| 1:33.1 | job. When I say a great job, I mean a great job. They are renovating their properties to the |
| 1:37.9 | utmost standard. Every one of their projects had full permits on them and I would say that |
| 1:43.4 | they're providing a minus or a B plus |
| 1:45.7 | rental unit to the affordable housing space and I love providers like that because it tells |
| 1:50.3 | you that these guys care about the people that are living in their homes they want to provide |
| 1:54.7 | a really really beautiful space and they spent the money they actually put their money where |
... |
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