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

        Kiffany Bosserman, owner of Cottontale and Cookies and Creamery, speaks with Shakia Webb, Ewing Marion Kauffman Foundation, during the Chamber's Small Business Showcase at Union Station

        Entrepreneurs pack Union Station as Chamber showcases diversity of KC’s small biz scene

        By Tommy Felts | April 22, 2022

        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. A diverse cross-section of Kansas City small business owners filled the Grand Hall at Union Station with energy and enthusiasm Thursday, Vicky Kulikov said, noting a significant…

        Imagine Downtown KC South Loop reimagination

        KC’s own $160M ‘urban oasis’ park: Private funders greenlit to put a 5.5-acre lid over I-670

        By Tommy Felts | April 22, 2022

        Private backers have put up critical funding needed to begin reimagining the South Loop Link — bringing the long-dreamed about project closer to reality than ever before.  Civic leaders from across the region gathered Friday to announce a verbal commitment from funders and local property owners — including Lowes’ Hotel & Co. — who will finance the engineering…

        Clark Hunt, Kansas City Chiefs

        Horizon event set for in-person return, amplifying region’s growth while pushing for more equity

        By Tommy Felts | April 21, 2022

        Kansas City is on the rise — and organizers of KC Rising’s annual Horizon event want curious citizens to come see such growth for themselves.  “Horizon is a diverse gathering that isn’t tied to a single organization but owned by the region. … It is a celebration of all of us,” said Meryl Dillman, program manager,…

        National champion KU mens basketball team; photo courtesy of the University of Kansas

        FanThreeSixty teams with national champs, turning data into actionable plays to boost revenue, KU fan experience

        By Tommy Felts | April 21, 2022

        Another national championship title isn’t the only banner win the University of Kansas Athletics is adding to its rafters this year.  Weeks after scoring the NCAA men’s basketball title, the university has partnered with Kansas City-dunked FanThreeSixty to better connect with its fanbase in seasons to come.  “By partnering with FanThreeSixty, not only will Kansas…