HomeRoom

We Rent Your Property by the Room. You earn 50% more Rent.

Y CombinatorWinter 2022AcquiredReal Estate and ConstructionHousing and Real EstateMachine LearningReal EstateProptechNLP

What they do

Problem

Investors struggle to profitably provide affordable housing and manage the complexity of renting homes by the room.

Solution

HomeRoom sources, renovates, and manages single-family homes and rents them by the room, handling financing, construction, tenant screening, and rent collection to boost returns.

Who it's for

Real estate investors who want higher rental income by operating single-family homes as room-by-room rentals.

Founders

Johnny Wolff

Founder

I'm the CEO and Founder of HomeRoom Coliving – one of the fastest-growing coliving companies in the United States. After starting my career as a financial analyst in Silicon Valley I relocated to Austin, Texas to pursue real estate investing full-time. HomeRoom recently expanded to Dallas and Austin, Texas. I still lives in one of HomeRoom’s first coliving houses in Kansas City, and enjoys hanging out and surviving the pandemic with my awesome roommates - especially on chicken wing Thursdays

Thomas Hornbeck

Founder

I'm a serial entrepreneur who has founded multiple tech startups, including GotIt! (EdTech), Distynct (AgTech), and Homeroom (Coliving/PropTech) YC W'22. PhD (abd) in Computer Science, dropped out in the 5th year to start my first company. I moved to Silicon Valley in 2013 and built an EdTech app that ended up #2 in Education on the AppStore. I've been an angel investor in a few startups Jobhop (HR Tech company in Vietnam) and LegalQ (TechStars '21), and Venture Partner at Kind Capital.

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