Enjoy the college life experience? Homeroom invites you to KC’s new coliving concept

September 12, 2018  |  Elyssa Bezner

Homeroom

Homeroom is a coliving experience that takes you back to your dorm room days, said Johnny Wolff.

“I think everyone looks back with really fond memories of living with really good friends in college in a house. The coliving experience is about taking that shared roommate situation and kind of curating it at Homeroom,” said the company’s founder.

Johnny Wolff, Homeroom

Johnny Wolff

Homeroom homes come equipped with maid and lawn services, a community manager, and new furniture. Residents can also expect community events come October, Wolff said.

All homes in the Homeroom community are co-ed, usually made up of five to six roommates, depending on the house, he added.

To date, the four-month old company has acquired three homes across the greater KC area, said Wolff. Demand from homeowners who would prefer to lease their homes to a company, like Homeroom, as opposed to renting them out to individuals is growing, he added.

“We had to say ‘no’ to a couple homeowners since we can’t take on more than three at once until we hire additional team members,” he explained.

With a decade of real estate experience under his belt, Wolff went from signing leases with landlords and operating homes he lived in with roommates in San Francisco, to buying homes and renting out rooms in Austin, he said.

After spending a couple months doing market research on real estate appreciation over the next five to 10 years, he began Homeroom in Kansas City to balance his portfolio and look for better cash flow, Wolff added.

Homeroom is currently recruiting roommates by putting ads on Facebook and Craiglist, then combing through applicants with an extensive interview process, ending with credit and background checks, said Wolff.

Though Homeroom markets to millennials, all entrepreneurs and hustlers are welcome to apply, he added.

“We’re really targeting working professionals that we think would have a personality that fits, that seem like they’re personable and respectful, that would be good roommates,” he said.

The goal for Homeroom going forward, is to launch four houses per month, starting in September, said Wolff, as well as working on the website and exploring an app extension.

“We’re eventually going to evolve to something much bigger,” he said.

By the end of 2018, Homeroom hopes to operate 10, then 50 by 2019, to 1,000 homes across 12 Midwestern markets by 2020, added Wolff.

“As we grow, we’ll allow roommate members to easily transfer between locations throughout our network with 30 days notice,” he said.

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

Tagged , ,
Featured Business
    Featured Founder

      2018 Startups to Watch

        stats here

        Related Posts on Startland News

        ‘Younger eyes’ at Street Wearhouse see opportunity to win through the screen as digital personality meets quality printing

        By Tommy Felts | July 26, 2023

        The owners of a recently-opened print studio hope to make an imprint on the industry by taking a different approach to garment design and production, they said. Street Wearhouse, co-founded by Alex Trinkle and Tyler Love, specializes in printing and embroidering T-shirts, hats, and other apparel from its North Kansas City production facility. Trinkle, who…

        One of KC’s hottest smashburgers is at this all-natural wine bar; how Big Mood uncorked its potential with popup food, live music 

        By Tommy Felts | July 25, 2023

        Kansas City’s first all natural wine shop has evolved into more than simply a place to buy wine, said Richard Garcia; Big Mood Natural Wines now is the go-to spot for food, drinks, live entertainment and community. “Big Mood has morphed organically over the past few years into what it is now. When we first…

        MVP in his field: Royals groundskeeper earns his own bobblehead for keeping The K green amid ups and downs

        By Tommy Felts | July 25, 2023

        For the club’s first-ever Ag Night, the Kansas City Royals are celebrating — and bestowing the honor of a bobblehead — on their very own farmer. That’s what Trevor Vance — who has been keeping the field at Kauffman Stadium perfectly manicured for nearly 40 years — considers himself and other groundskeepers, he shared. “We’re…

        Right to Start plans GOP debate on entrepreneurship; If America is going to be saved, Heartland innovators will be key, says leader

        By Tommy Felts | July 25, 2023

        A nonprofit founded by a former Kauffman Foundation executive is planning a first-of-its-kind forum on entrepreneurship with four Republican presidential candidates this Friday in the Midwest. Right to Start is a nonpartisan organization that champions entrepreneurship as a civic priority through grassroots organizing and policy advocacy, with the goal of expanding entrepreneurial opportunity. Friday’s forum…