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

        John Bertrand, Daupler; Startland News' Kansas City Startups to Watch in 2021

        $4M investment powers Daupler hiring, expansion as startup scales into new verticals

        By Tommy Felts | July 8, 2021

        A newly announced funding round for Daupler positions one of Kansas City’s top startups as “well-resourced and hiring like crazy” amid expansion plans and rapid entry into new markets, said CEO John Bertrand. The $4 million investment — led by San Francisco-based Burnt Island Ventures with participation from Revolution Fund, Runway Venture Partners, Knoll Ventures, and…

        The Prospect KC rendering

        $250K in matching funds brings Prospect Urban Eatery free culinary training closer to boil

        By Tommy Felts | July 7, 2021

        Editor’s note: The Ewing Marion Kauffman Foundation is a financial supporter of Startland News, though this story was produced independently by Startland News’ nonprofit newsroom. A quarter-million-dollar grant from the Ewing Marion Kauffman Foundation is expected to push The Prospect KC into operational scale in the months ahead, said Chef Shanita McAfee-Bryant.  News of the…

        Ryan Stock, MindSport

        MindSport gains traction from Olympic-level athletes as founder turns his memoir into documentary

        By Tommy Felts | July 6, 2021

        The world of athletics has become more in tune with the importance of mental fitness, mindfulness and the impact both have on athletic performance, said Ryan Stock. “With the pandemic, obviously that shut down athletics across the board. It added a ton of stress, anxiety [and] frustration for athletes of all levels. Athletics serves as…

        Madden and Tovah Tanner, Royale Cohesive Network

        How a KC mom and her 12-year-old co-founder are rewriting the book on entrepreneurship

        By Tommy Felts | July 6, 2021

        Guiding young people through the ins and outs of entrepreneurship is a family affair for Tovah Tanner, a metro woman on a mission to create a Kansas City that thinks critically, holds values, and possesses life skills that build lasting wealth.  “My son, Madden Tanner, is our co-founder. He’s 12 years old,” Tanner said, recalling…