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

        How a KC startup is using Bluetooth to help ranchers ID sick cows days before symptoms

        By Tommy Felts | May 16, 2023

        Just-released geolocation technology from MyAnIML can flag and locate sick cattle two to three days ahead of symptoms — protecting the health of the herd and offering a revolutionary new security tool for the beef and dairy supply chain, said serial tech entrepreneur Shekhar Gupta. The Kansas City startup’s patent-pending technology uses artificial intelligence and…

        Just-launched initiative aims to capitalize on Kansas City’s promise as a global leader in health tech, renews call for KC investment

        By Tommy Felts | May 13, 2023

        Advancing Kansas City’s digital health industry begins with attracting and nurturing talent, said Dick Flanigan. “What [Digital Health KC] seeks to do is connect ideas to talent; talent to capital; capital to companies and companies to marketplace — and we do not lack for ideas,” said Flanigan, who serves as the CEO of Digital Health…

        How Urban TEC used eye-opening VR tech to bring teen mental health into the real world

        By Tommy Felts | May 13, 2023

        Students at two Kansas City, Kansas, high schools are tackling teen mental health issues with the help of virtual reality, shared youth and tech advocate Ina P. Montgomery. From February through April, 28 students from Wyandotte and JC Harmon high schools learned Unity programming software, identified and researched a health concern for youth ages 13…

        ‘Mr. K’ finalists tease what it’s like to work for the next Small Business of the Year

        By Tommy Felts | May 12, 2023

        Editor’s note: The Greater Kansas City Chamber of Commerce is a non-financial partner of Startland News, which serves as the media partner for the Small Business Superstars program. Finalists for the KC Chamber’s Small Business of the Year award highlighted their companies’ commitments to strong workplace culture, DEI initiatives, and community relations during a panel…