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

        Keenan Beasley, Venture Noire

        In the Black: Why Venture Noire is bringing capital resources from Arkansas to KC’s founders of color

        By Tommy Felts | September 14, 2021

        It’s time Black-led companies went from over-mentored and under-resourced to well-connected and infused with capital, Keenan Beasley said, announcing plans for establishing more equitable entrepreneurial ecosystems that begin, in part, with a presence in Kansas City.  “Kansas City is a very mature market,” Beasley, founder of Venture Noire, said of what he’s observed among the…

        Comeback KC Ventures launches program to fund, accelerate COVID solutions in region

        By Tommy Felts | September 14, 2021

        A new Kansas City-based program is recruiting 20 fellows — from among the metro’s first-time entrepreneurs and established businesses — for an effort to help accelerate innovations, products or service lines that are solving needs exposed by the pandemic. “The public health crisis posed by COVID-19 ignited a need for rapid change and innovation,” said Jim…

        Kharissa Forte, Grace & Grind

        ‘It’s not just a brand for me anymore’: How Grace & Grind put the selfless in self-care, Black wellness

        By Tommy Felts | September 10, 2021

        Kharissa and Wesley Forte were once on the verge of divorce.  But after deciding to give their relationship a final push, the two went to counseling. The experience was revelatory, they said, noting it ultimately prompted them to create their own online media company — Grace & Grind — to share lessons and their story with…

        Chase Higgins, Stephen Lomas, Kyle Allen and Desi Kraus, Let's Get Moving

        Why this five-star moving company takes TikTok behind the scenes of its expansion

        By Tommy Felts | September 10, 2021

        Moving is an emotional experience for many, Chase Higgins said, which is why it is crucial for him and his team to set a positive tone during what could be a stressful day.   “A lot of people are moving because of a new job; or they are at a new school; or unfortunately, they’re going…