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

        "All Boys Aren't Blue," published by Farrar, Straus and Giroux (BYR); overset: Andrews McMeel Universal Kansas City headquarters

        As book banning spreads across US, one KC media company calls out specific threat to diverse creators

        By Tommy Felts | February 10, 2022

        The Kansas City publishing powerhouse behind many of the nation’s most-beloved newspaper comics — from Calvin & Hobbes and The Far Side to Garfield and Peanuts — this week raised its voice amid a growing push to condemn book bans flaring up across the country. “Books are safe harbors, where the freedom of expression and…

        Adam Lurie, Torch.AI

        Torch.AI secures second acquisition in two months with more in its pipeline, revealing strategy to ‘turbocharge’ military intel

        By Tommy Felts | February 10, 2022

        Leawood-based artificial intelligence firm Torch.AI recently expanded its team and capabilities through the acquisition of B23 — a Virginia-based data extraction software company, noted Adam Lurie, chief strategy officer of Torch.AI  “Our belief is that the combination of Torch.AI’s software platform Nexus, alongside the subject matter expertise and customer capabilities of B23, will allow us…

        Christina Williams and Tamela Ross, The Blakk Co.

        New initiative has a message for KC: When Black men say they need a ’90s self-love reboot — listen

        By Tommy Felts | February 10, 2022

        Love yourself enough to know you matter  It’s virtually impossible to love others when there’s not already a sense of self love, said Kansas City small business owner Christina Williams, announcing the launch of an initiative to guide its community of Black men to understanding and believing in their own self-worth. “I know a lot…

        Brad Starnes, Splitsy

        Splitting time between student, entrepreneur lives earns Splitsy co-founder top UMKC honor

        By Tommy Felts | February 10, 2022

        Recognition as UMKC’s Student Entrepreneur of the Year is a reminder that innovators often begin early, said Brad Starnes, one of Kansas City’s most-talked-about emerging young startup founders. “When I was about 8 years old, I submitted a drawing to an engineering firm,” said the co-founder of Splitsy, a bill splitting app that launched its…