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

        A.J. Mellott and Heather Decker, Ronawk

        Olathe startup set to launch STEM training facility; plans to create 150 jobs over next seven years

        By Tommy Felts | May 25, 2021

        Starting as two scientists with an idea to solve slow and costly cell production, Ronawk has now blossomed into a rapidly growing startup with an increasing demand for its work, said A.J. Mellott. “We quickly realized that Ronawk was going to need a lot of talent to meet the demand of its products,” said Mellott,…

        Sulaiman Z. Salaam III, Suli4Q

        R3AL potential: Why Suli4Q’s work in KC doesn’t stop with the final track on his Top 10 hip hop album

        By Tommy Felts | May 25, 2021

        A wildly successful 2020 for indie performer Suli4Q wouldn’t mean as much if the entertainer, entrepreneur, and evangelist for Kansas City prosperity didn’t also focus on impact in the real world, he said. “In my journey, my biggest goal in reaching my full potential is being able to visibly see the changes that I’m having…

        The Next Paige Agency

        Talent agency plans Next Paige in Kansas City’s story; a $50K grant could bring dream closer to reality

        By Tommy Felts | May 25, 2021

        A shift in the arts and entertainment world is allowing Kansas City creatives to step into roles they’ve long deserved, Elaina Paige Thomas said, looking back on a performance career — and new opportunities — that reflect childhood dreams dancing toward reality. “It has been a journey and I never imagined being here this quickly,…

        Ward Morgan, founder of CivicPlus; photo by Taylor Irby, The Manhattan Mercury

        How a $290M investment from Insight Partners is expected to accelerate Kansas govtech company’s expansion

        By Tommy Felts | May 25, 2021

        Startland News’ Startup Road Trip series explores innovative and uncommon ideas finding success in rural America and Midwestern startup hubs outside the Kansas City metro. This series is possible thanks to the Ewing Marion Kauffman Foundation, which leads a collaborative, nationwide effort to identify and remove large and small barriers to new business creation. A…