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

        Wendy Doyle, United WE

        United WE powers forward with initiative to appoint women into government positions

        By Tommy Felts | September 30, 2021

        Kansas Gov. Laura Kelly saluted United WE Wednesday as the women-focused nonprofit celebrated 30 years of change-making across the two-state region — from strengthening workplace benefits to empowering more women into civic leadership. “United WE is making a huge difference. Just this year, United WE partnered with my office to significantly expand parental leave benefits…

        KC company packages guilt-free plastic alternative with new fashion line by Grammy-winning Ciara

        By Tommy Felts | September 30, 2021

        A Kansas City company’s groundbreaking biodegradable packaging will help send shipping waste from a fashion icon’s new clothing line back to the earth, officials from Biolo announced Thursday. LITA by Ciara — The House of LR&C’s new consciously created, ready to wear collection, inspired by Grammy award-winning singer Ciara — will include sustainable packaging for…

        Ruben Alonso, president, AltCap; Kelvin Perry, president, Black Chamber of Commerce of Greater Kansas City; Karis Harrington, chief of business development, G.I.F.T.; Brandon Calloway, CEO and co-founder, G.I.F.T.; Emily Lecuyer, managing director, equity2 (not pictured, Josh Rowland, CEO and vice chairman, Lead Bank)

        AltCap, GIFT, small business allies partner to expand opportunities for Black-owned ventures

        By Tommy Felts | September 30, 2021

        A coalition of Kansas City organizations have joined forces to launch a new partnership that will invest in the region’s Black-owned small businesses through flexible debt and equity financing, grant funding and business advisory services, the group announced Thursday. “Unfortunately, many Black entrepreneurs are left out of the financial mainstream when it comes to business…

        Nayelly Serrano-Dantzler, Erika Reza, Silvia Marin, and Veronica Alvidrez, paraMi

        No soy tu chacha: How four Latinx moms (and 600+ of their closest friends) are cleaning up gender roles

        By Tommy Felts | September 30, 2021

        Editor’s note: Veronica Alvidrez is a member of the education team at Startland, the parent organization of Startland News. This story, detailing Alvidrez’s business, paraMi, was produced independently by Startland News’ independent nonprofit newsroom. One year ago in the thick of the pandemic, Veronica Alvidrez felt like she was losing her voice. Not the literal one —…