Back to all companies
Sign in
Back to all companies
HomeRoom logo

HomeRoom

Winter 2022Acquired

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

Save
HomeRoom logo

HomeRoom

Winter 2022Acquired

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

Save
Company details

Homeroom helps investors provide affordable housing while making a 22% ROI.

We do this by sourcing properties, arranging capital, managing construction, vetting tenants and collecting rent by the room. To date, Homeroom has brought on 85 property investors, growing 6X annually, are bringing in 420K in annualized net-revenue

How it works: We help investors buy homes in cities that are attractive to young people, but lack affordable housing options. We then renovate and after about 20 days, the home is ready and we find qualified renters by the room.

We launched in 2018 in Kansas City with 1 home. We now have 105 homes in 31 cities. In 2021, we grew rental GMV to $1.8M (300% YoY growth). Our average rent across every property is $458, which is about 50% lower than market comps, and our investors see returns up to 50% higher.

We are HomeRoom. Johnny is the financial analyst/domain expert. Thomas is a cereal entrepreneur with a PHD in ML, and Mike hacked growth for Airbnb and Facebook.

Location
San Francisco, CA, USA; San Jose, CA, USA; Remote
Founded
Unknown
Category
Machine Learning
YC Directory Pagelivehomeroom.com
Founders
  • JW
    Johnny Wolff
    Founder
    LinkedIn
  • TH
    Thomas Hornbeck
    Founder
    X / TwitterLinkedIn

Homeroom helps investors provide affordable housing while making a 22% ROI.

We do this by sourcing properties, arranging capital, managing construction, vetting tenants and collecting rent by the room. To date, Homeroom has brought on 85 property investors, growing 6X annually, are bringing in 420K in annualized net-revenue

How it works: We help investors buy homes in cities that are attractive to young people, but lack affordable housing options. We then renovate and after about 20 days, the home is ready and we find qualified renters by the room.

We launched in 2018 in Kansas City with 1 home. We now have 105 homes in 31 cities. In 2021, we grew rental GMV to $1.8M (300% YoY growth). Our average rent across every property is $458, which is about 50% lower than market comps, and our investors see returns up to 50% higher.

We are HomeRoom. Johnny is the financial analyst/domain expert. Thomas is a cereal entrepreneur with a PHD in ML, and Mike hacked growth for Airbnb and Facebook.

Location
San Francisco, CA, USA; San Jose, CA, USA; Remote
Founded
Unknown
Category
Machine Learning
YC Directory Pagelivehomeroom.com
Founders
  • JW
    Johnny Wolff
    Founder
    LinkedIn
  • TH
    Thomas Hornbeck
    Founder
    X / TwitterLinkedIn
Pro

Upgrade to Pro, then request the HomeRoom teardown.

This company does not have a completed analysis yet. Choose a Pro plan first, then use one of your 5 monthly research requests to have our agent investigate HomeRoom. The full teardown, rebuild plan, and technical specs unlock when it lands.

  • Use Pro to request the first HomeRoom teardown and keep the finished report in your account.
  • Read every completed teardown and rebuild plan already in the database.
  • Unlock implementation-ready technical specs and 5 fresh research requests each month.

Choose your Pro plan

$20/ month

Find one worth rebuilding, get the teardown, open the implementation-ready specs, and use fresh report requests when you want deeper research.

See Pro plans
Full teardown library
Specs for every company
5 fresh requests / month
CLI for agent imports
Startups.RIP — Dead startups, alive ideas
PricingContactPrivacyGot feedback? DM @oscrhong