Podcast appearances and mentions of johnny wolff

In this episode, we have the pleasure of hosting Johnny Wolff, the CEO and founder of Home Room, who shares his journey and how his personal experiences shaped the creation of his company. Home Room is revolutionizing real estate investment by enabling investors to purchase homes remotely and rent out each room separately, increasing their rent by up to 50%. Hear about how this passive income strategy works and the success of Home Room across 10 different metros.https://livehomeroom.com/invest-with-homeroomTranscript--To learn more about our full-service turnkey operations, check us out online at www.spartaninvest.comConnect with Spartan!Facebook: @spartaninvestInstagram: @spartaninvestTwitter: @spartaninvestConnect with Lindsay!Facebook: @spartanlindsaydavisInstagram: @spartanlindsaydavis

If you enjoyed this episode, or are enjoying the Scalable REI show overall, show your support by buying the Scalable REI team a cup of coffee: https://www.buymeacoffee.com/scalablereiJohnny Wolff is the CEO and Founder of HomeRoom Coliving – one of the fastest-growing coliving companies in the United States. After starting his career as a financial analyst in Silicon Valley (EA, SanDisk, Guidespark), he relocated to Austin, Texas to pursue real estate investing full-time. His love for real estate investing and living with roommates motivated him to start HomeRoom in 2017, after an unusually terrible Craigslist roommate experience. In 2020, HomeRoom boasted 99% on-time rent payments, full occupancy, and zero evictions. Sales velocity for HomeRoom is up 300% in 2021 with hundreds of happy residents across 23 cities in 3 states.Powered by investor funds, HomeRoom recently expanded to Dallas and Austin, Texas. Johnny still lives in one of HomeRoom's first coliving houses in Kansas City and enjoys hanging out and surviving the pandemic with his awesome roommates - especially on chicken wing Thursdays.Best Way to Contact Johnny:johnny@livehomeroom.comHelpful Links:livehomeroom.comBEST CRM THAT WE USE: Looking for the best all-in-one CRM to scale your real estate investing business? Use the link below to sign up today: https://www.gohighlevel.com/main-page?fp_ref=scalable-reiBEST PHONE SYSTEM THAT WE USE: Looking for an optimal online phone system that can forward to your cell phone, directly integrate to your CRM, and be leveraged for your remote virtual assistant team? If so, use this link to save $20 today when you open a new account: https://openph.one/referral/NpnZPxX COFFEE!!! If you feel this episode provided a ton of value, show your support by buying us a cup of coffee: https://www.buymeacoffee.com/scalablereiLET'S DO SOME DEALS!!! Contact Mason to JV/partner on deals or passively invest by either emailing him at mason@scalablerei.comSchedule a call with Mason by using this link here: https://calendly.com/mason-klement/30minFollow Mason on Instagram to learn additional real estate investing tips and tricks: https://www.instagram.com/mason_klement_scalablerei/NOTE: This description might contain affiliate links, which may pay our podcast a commission at absolutely zero cost to you.  Any commissions go toward the cost of producing each episode so we really appreciate your support.  In addition, depending on the vendor, you actually might even save money by using these links that you wouldn't have access to if you went directly to the vendor's website. 

Have you ever wondered how to invest in real estate remotely and increase your rental income by up to 50% for the same property?  If that's piqued your interest, get ready for an exciting episode of Exit Strategies Radio Show as host Corwyn J. Milette welcomes an exceptional guest who's revolutionizing the world of real estate. Johnny Wolff, the CEO of Homeroom has taken a fresh and innovative approach to real estate investment, and his insights could be the key to unlocking your financial future. He introduces Homeroom, a revolutionary concept that empowers investors to purchase homes remotely and rent out each room separately. By doing so, investors can achieve up to 50% more rental income from the same property, making it a game-changer in the real estate market. Johnny dives into the details of this unique approach to real estate investing, discussing how it can benefit both investors and tenants. They explore the challenges of co-existing with roommates, the pricing strategy for individual rooms, and the benefits of longer-term leases. If you're looking for alternative investment opportunities in real estate, Homeroom's innovative model might be the solution you've been searching for.  Tune in to discover how this concept can help you achieve your financial goals while leaving a lasting legacy for generations to come. Key Takeaways: 3:35: Johnny Wolf introduces Homeroom and its revolutionary concept for real estate investing. 5:26: Johnny shares his personal journey and how he got started in this innovative field. 8:58: The discussion focuses on pricing rooms based on factors like master bathrooms and room size. 12:37: Johnny explains the intake process for potential investors interested in the Homeroom model. 15:29: Learn about the common area furniture provided and the benefits of tenants furnishing their own rooms. 16:26: Johnny discusses the typical pitfalls for both tenants and property owners in this model. 18:04: Discover how to reach out to Johnny and the Homeroom team to explore this unique real estate investment opportunity. If you've ever wondered how to invest in real estate remotely while increasing your rental income, don't miss this thought-provoking episode of Exit Strategies Radio Show.  Get ready to invest differently and achieve your real estate dreams. ​​Connect with Johnny Wolff: Website: https://livehomeroom.com/ Email Address: johnny@livehomeroom.com Linkedin: https://www.linkedin.com/in/johnnywolff/ Connect with Corwyn@: Contact Number: 843-619-3005 Instagram:⁠ https://www.instagram.com/exitstrategiesradioshow/⁠ FB Page:⁠ https://www.facebook.com/exitstrategiessc/⁠ Youtube:⁠ https://www.youtube.com/channel/UCxoSuynJd5c4qQ_eDXLJaZA⁠ Website:⁠ https://www.exitstrategiesradioshow.com⁠ Linkedin:⁠ https://www.linkedin.com/in/cmelette/⁠ Shoutout to our Sponsor: Exit Realty Lowcountry Group Do you want something more? More Meaningful Moments opportunities, deeper relationships and memorable experiences? Do you want to make a difference? If you say YES, a career and real estate could be the opportunity you're looking for guiding people to one of the most important decisions they ever made, the purchase or sale of their home can be both rewarding and lucrative.  Exit Realty has a revolutionary compensation model training and technology that provides you with the tools you need to start and build your successful real estate career. Call Exit Realty Lowcountry group today at 843-619-3005 that is 843-619-3005 or visit https://exitlowcountry.com/joinexit and make your Exit today. --- Support this podcast: https://podcasters.spotify.com/pod/show/corwyn-j-melette/support

Johnny Wolff is the CEO and Founder of HomeRoom Coliving – one of the fastest-growing coliving companies in the United States. After starting his career as a financial analyst in Silicon Valley (EA, SanDisk, Guidespark), he relocated to Austin, Texas, to pursue real estate investing full-time. His love for real estate investing and living with roommates motivated him to start HomeRoom in 2017 after an unusually terrible Craigslist roommate experience. In 2020, HomeRoom boasted 99% on-time rent payments, full occupancy, and zero evictions. Sales velocity for HomeRoom is up 300% in 2021, with hundreds of happy residents across 23 cities in 3 states. HomeRoom recently expanded to Dallas and Austin, Texas, powered by investor funds. Johnny still lives in one of HomeRoom's first coliving houses in Kansas City and enjoys hanging out and surviving the pandemic with his awesome roommates - especially on chicken wing Thursdays.   More of Johnny:    Website: johnnywolff.com LinkedIn: @johnnywolff Instagram: @hmrminvest

Welcome to the RE Social Podcast, your source for real estate investing tips! In this episode, we have the privilege of talking with Johnny Wolff, the visionary behind HomeRoom, to explore the groundbreaking world of room-by-room rentals and how his company stands out from the competition. Johnny provides a deep dive into the inner workings of HomeRoom, guiding prospective investors on how to embark on their journey with the company. He also shares with us the diverse array of tiers and packages that they offer! He delves into the challenges of managing roommates and the changing perception of Airbnb. Johnny also shares HomeRoom tenants' success stories and discusses the potential for growth and expansion through Airbnb conversions. Don't miss out! Tune in now to expand your horizons in the world of real estate investing. Key Takeaways 00:00:00Who is Johnny Wolff 00:00:41Johnny Wolff introduces HomeRoom 00:01:33Competitors in the rental space 00:02:14HomeRoom vs. PadSplit 00:03:41How to work with roommate rentals 00:05:06Single-family home income 00:05:41What market he's in 00:07:09How his business model works 00:08:50HomeRoom Tiers and Packages 00:10:03Benefits of room-by-room rentals 00:11:02Getting started with real estate 00:14:15How many units he has today 00:15:22Types of Properties on HomeRoom 00:18:23Evolution of room-by-room rentals 00:19:34Structuring the deals 00:21:42Challenges in managing roommates 00:22:52Referral Programs 00:23:53Value of HomeRoom's Services 00:26:03What's next for HomeRoom? 00:27:29Short-term and medium-term rentals 00:33:18Future of room-by-room rentals 00:35:28Advantages of renting by the room 00:37:27The Dream of HomeRoom 00:40:08Expanding into Airbnb 00:41:48Opportunity in the Airbnb Market 00:44:56RE Social Meetup 00:45:47How to reach Johnny 00:46:17Final notes from hosts Resources and Links HomeRoom https://livehomeroom.com/ Pad Split https://www.padsplit.com/ Alcove https://alcoverooms.com/ June Homes https://junehomes.com/ Bungalow https://bungalow.com/ Pace Morby https://www.pacemorby.com/ Zillow https://www.zillow.com/ Atticus https://atticusre.com/ Airbnb https://www.airbnb.com/ MLS (Multiple Listing Service) https://www.mls.com/ MONEY Master the Game by Tony Robbins https://www.amazon.com/MONEY-Master-Game-Financial-Freedom/dp/1476757860 Real Estate Investing for Beginners by Tycho Press https://www.amazon.com/Real-Estate-Investing-Beginners-Essentials/dp/1623153638 Connect with Johnny: johnny@livehomeroom.com https://www.linkedin.com/in/johnnywolff https://www.facebook.com/JohnnyStryker https://johnnywolff.com/ https://livehomeroom.com/ Learn more about AnVi Invest

We're joined this week by HomeRoom CEO Johnny Wolff. After starting his career as a financial analyst in Silicon Valley (EA, SanDisk, Guidespark), he relocated to Austin, Texas, to pursue full-time real estate investing. Since then, he has been bring HomeRoom to many markets across the United States, allowing investors to experience the rental markets of multi-family in the confines of a single family home. In this episode Johnny explains how HomeRoom works and what makes it such a popular investment strategy. Find Johnny here: livehomeroom.com/invest john@livehomeroom.com Join our Investor Portal here: investwiththecoach.com --- Send in a voice message: https://podcasters.spotify.com/pod/show/yieldcoach/message

CEO and Founder of HomeRoom Coliving *DISCLAIMER - We are not giving any financial advice. Please DYOR* (00:00 - 02:26) Opening Segment - Johnny is introduced as the guest Hosts - Johnny shares something interesting about himself (02:26 - 26:02) Real Estate Investing in Current Environment - Why investing in coliving properties is the future of the real estate market. (26:02- 30:18) Fire Round - Johnny shared if he would change his investment strategy - Johnny also shares his favorite Finance, real estate book, or any related book - Also Johnny shared about the website and tools that he can recommend - Johnny's advice to beginner investors - Also shared how he gives back (30:18 - 31:14) Closing Segment -If you want to learn more about the discussion, you can watch the podcast on⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Wealth Matter's YouTube channel ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠and you can reach out to Alpesh using this ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠link⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Check us out at: Facebook: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@wealthmatrs⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠IG: @wealthmatrs.ig⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Tiktok: @wealthmatrs⁠⁠⁠⁠⁠⁠

What does it take to make the transition from working in tech to investing in real estate?In this episode of The Real Estate Mindset podcast, our co-host John Weaver chats with Johnny Wolff about how he got started in real estate when working in tech. He explains how he invested in real estate as a strategy to eventually be able to afford his own residence when the prices of real estate felt out of reach when depending exclusively on his salary. Johnny also discusses how he started his own tech company, what his morning routine is like, and why he thinks paying the big bucks for mentorship and coaching is not necessary.What we discuss:00:39: About Johnny02:13: How does it work to buy with Homeroom?05:50: Why did Johnny get into real estate?12:08: Is there any value in investing out of your home market?18:44: How do you vet property managers?22:10: What advice does Johnny have for those starting a business?25:18: What kind of routines does Johnny have?27:10: What books does Johnny recommend?28:30: What is Johnny's experience with mentorship and coaching?To learn more about Johnny:Website: https://johnnywolff.com/Business: https://livehomeroom.com/

Join Mike Cavaggioni with Johnny Wolff on the 208th episode of the Average Joe Finances Podcast. Johnny shares how renting by the room can lead to increased profitability and foster meaningful community connections.In this episode, you'll learn:The exciting possibilities of real estate investing and co-living strategies.The prosperity and potential associated with renting by the room.The ways to triumph over challenges in the co-living rental market.Effectiveness of Homeroom's turnkey solutions for ambitious co-living investors.The importance of creativity and resilience in high-stake real estate investing.And much more!Key moments:00:02:11 - Co-Living and Rent by the Room00:06:09 - Finding the Right Property for Co-Living00:09:32 - Creating Housing Solutions00:13:42 - Challenges of Co-Living00:14:19 - Making Homes Marketable00:15:31 - The Role of Creativity00:16:35 - Location and Density00:18:03 - Customizing Properties00:28:18 - Homeroom's Payment Structure00:29:53 - Net Positive with Homeroom00:31:29 - Johnny's Biggest Real Estate Mistake00:33:59 - Learning from ExperienceAbout Johnny Woff:Johnny Wolff is the CEO and Founder of HomeRoom – one of the fastest-growing real estate investing platforms in the United States. After starting his career as a financial analyst in Silicon Valley (EA, SanDisk, Guidespark), he relocated to Austin, Texas, to pursue full-time real estate investing. After an unusually terrible Craigslist roommate experience in 2017, he converted a single-family home to a group home for his friends. After realizing the massive untapped potential of multi-tenant (co-living) real estate investing – HomeRoom was born.Find Johnny on:Website: http://www.livehomeroom.comLinkedIn: http://www.linkedin.com/in/johnnywolff/Facebook: http://www.facebook.com/livehomeroom Average Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://themikecav.comShow Notes add on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* www.averagejoefinances.com/disclaimerSee our full episode transcripts here: www.averagejoefinancespod.com/episodesSupport the show

Johnny Wolff is the CEO and Founder of HomeRoom – one of the fastest-growing real estate investing platforms in the United States. After starting his career as a financial analyst in Silicon Valley (EA, SanDisk, Guidespark), he relocated to Austin, Texas, to pursue full-time real estate investing. After an unusually terrible Craigslist roommate experience in 2017, he converted a single-family-home to a group home for his friends. After realizing the massive untapped potential of multi-tenant (co-living) real estate investing – HomeRoom was born. What You Will Learn: Who is Johnny Wolff? How did he start in Real Estate Investing? Johnny describes the traditional rental property. What is data science? How does data science play a role in realistic investing? What are some of the key things that a first-time investor should be thinking about before investing? What are the key factors to consider if one person wants to level up from one to many properties? Having a multi-city, multi-metro property manager can give you a little bit more opportunity and choice in their ecosystem with more expertise across regions. How does Johnny identify above-average returns? What are some of the tools or strategies or methodologies Johnny uses to identify these above-average returns? What are some of the areas that they are actively looking into invest? What are the two ways to work with Homeroom? Johnny shares how he can be contacted. Additional Resources from Johnny Wolff: Website: http://www.livehomeroom.com/ Phone: +1 (913) 228-0858 Email: johnny@livehomeroom.com LinkedIn: http://www.linkedin.com/in/johnnywolff/ Facebook: http://www.facebook.com/livehomeroom Attention Investors and Agents Are you looking to grow your business? Need to connect with aggressive like-minded people like yourself? We have all the right tools, knowledge, and coaching to positively effect your bottom line. Visit:http://globalinvestoragent.com/join-gia-team to see what we can offer and to schedule your FREE consultation! Our NEW book is out...order yours NOW!   Global Investor Agent: How Do You Thrive Not Just Survive in a Market Shift? Get your copy here: https://amzn.to/3SV0khX HEY! You should be in class this coming Monday (MNL). It's Free and packed with actions you should take now! Here's the link to register: https://us02web.zoom.us/webinar/register/WN_sNMjT-5DTIakCFO2ronDCg

Johnny's horrible Craigslist roommate experience led him to think outside the box.  He converted a single-family home to a group home for his friends and realized the potential in multi-tenant real estate investing. HomeRoom was born and exploded despite the global pandemic, raising $6M to date. Main Points:How can data-science play a role in real estate investing?What are key things to think about when buying your first rental?How do you level up from one to many properties - and what are the keys to reaching a large-scale portfolio?How can out-of-state investing be better than investing locally?What is the future of property management and how can investors position themselves to benefit?What is house hacking?How does co-living or rent-by-the-room models work? Doesn't that make it difficult to manage property remotely?Is now a good time to invest in real estate?How do you identify properties that have above-average returns?Connect with Johnny Wolff:johnny@livehomeroom.com(913)228-0858https://livehomeroom.com/http://www.facebook.com/livehomeroomhttps://www.linkedin.com/in/johnnywolff/

Johnny Wolff, Founder & CEO of HomeRoom Coliving, is elevating the home-sharing concept to a new level. He loves to discuss why he switched careers from financial analyst to full-time real estate investor and how his startup exploded despite the global pandemic.  Johnny also provides details on why coliving properties provide an excellent opportunity for substantial passive wealth in 2022, strategies for identifying properties that have above-average returns, and why coliving is the future of living for Gen Z. In our conversation with Johnny, we talked about investing in coliving properties, regulations that you need to know, how the business model works, team building and what to expect.   Announcement: Download Our Sample Deal and Join Our Mailing List   Coliving Properties 00:00 HomeRoom (Coliving) ~ a different approach to single family investing; 04:49 Regulations you need to know; 08:54 How to navigate through hurdles with tenants; 10:33 The business model - scaling and operations in co-living investing; 13:01 Being selective when building your team; 16:17 What to expect when investing in co-living properties;   21:09 Round of Insights Apparent Failure: Not hiring slow. Digital Resource: Latchel Most Recommended Book: The 50th Law Daily Habit: Affirmations and meditation #1 Insight for Multifamily Investing: Get in the game Best Place to Grab a Bite in Kansas City: Joe's Barbeque    Contact Johnny: To learn more go to livehomeroom.com   Thank you for joining us for another great episode! If you're enjoying the show, please LEAVE A RATING OR REVIEW,  and be sure to hit that subscribe button so you do not miss an episode.  

Johnny Wolff is the CEO and Founder of HomeRoom Coliving – one of the fastest growing co-living companies in the United States. After starting his career as a financial analyst in Silicon Valley (EA, SanDisk, Guidespark), he relocated to Austin, Texas to pursue real estate investing fulltime. His love for real estate investing and living with roommates motivated him to start HomeRoom in 2017, after an unusually terrible Craigslist roommate experience. In 2020, HomeRoom boasted 99% on-time rent payments, full occupancy, and zero evictions. Sales velocity for HomeRoom is up 300% in 2021 with hundreds of happy residents across 23 cities in 3 states. Powered by investor funds, HomeRoom recently expanded to Dallas and Austin, Texas. Johnny still lives in one of HomeRoom's first co-living houses in Kansas City, and enjoys hanging out and surviving the pandemic with his awesome roommates - especially on chicken wing Thursdays. For more on Johnny & HomeRoom: http://www.livehomeroom.com LinkedIn: http://www.linkedin.com/in/johnnywolff/ Facebook:  http://www.facebook.com/livehomeroom The Moorhead Team is excited to bring you information about investing in real estate in the Central Texas area! More information can be found at our website at www.themoorheadteam.com and our YouTube page The Moorhead Team. We're always aiming to bring you great free content about investing in real estate in Austin, TX!

Are you a real estate investor seeking high returns without the headaches? Learn how Johnny Wolff's innovative approach to "home sharing" is disrupting the market and attracting investors nationwide. Johnny's interest in real estate investing began in 2008 when he purchased a single family home in Midland, Texas. Recognizing the exceptional investment potential, he ventured into buying multiple single family homes in Austin, renting them out by the room to increase cash flow. Witnessing the success of his investment strategy, Johnny founded Homeroom in 2018, offering real estate investments in single family homes with separate room rentals. With rapid growth, Home Room now manages over $100 million in capital across 11 different markets. Homeroom provides comprehensive support to investors, guiding them through the entire investment process. From connecting them with lenders and real estate agents to conducting thorough analysis, Homeroom takes care of every aspect. With the assistance of their data science team, they fine-tune rent room forecasts, ensuring optimized returns for investors. Additionally, Homeroom's asset management team continuously works to improve returns, allowing investors to learn and grow their portfolios effortlessly. While co-living spaces offer unique opportunities, they also pose management challenges. To ensure a harmonious living environment, Homeroom has implemented systems-based processes. Monthly maid cleans and cleanliness ratings help maintain standards, and any issues are addressed through effective communication and potential fines. Homeroom's mediation abilities and roommate rules contribute to a positive living experience. Like any property management, challenges arise, but Homeroom's expertise minimizes these obstacles. Homeroom's partnership with Y Combinator, a renowned startup accelerator, has been a game-changer. The program offers extensive support, including fundraising assistance, a wealth of resources, and a network of successful founders. Access to Y Combinator's community enhances Homeroom's credibility and provides invaluable insights. The program teaches founders how to navigate investor relationships and interpret different types of responses, allowing them to focus on potential investors. Key Takeaways: Comprehensive Support: Home Room takes care of every step in the real estate investment process, from finding properties to managing them, offering investors a hassle-free experience. Systems-Based Management: Home Room's processes and systems ensure smooth co-living experiences, leveraging measures like cleanliness ratings, communication, and mediation to maintain harmony. Y Combinator's Impact: Partnering with Y Combinator provides Home Room with access to a vast network of resources, support, and expertise, elevating their credibility and enabling efficient fundraising. Contact Johnny: Website: https://livehomeroom.com/ Email: Johnny@livehomeroom.com Are you REady2Scale Your Multifamily Investments? Learn more about growing your wealth, strengthening your portfolio, and scaling to the next level and visit www.bluelake-capital.com. To connect with Jeannette & her team directly & find out how to invest alongside Blue Lake, email them at info@bluelake-capital.com or just complete our potential investor form at https://www.bluelake-capital.com/new-investor-form and they'll be in touch with you. If you'd like to be on our podcast or know someone who should, visit https://www.bluelake-capital.com/podcast and click the link to submit a guest. Learn more about your ad choices. Visit megaphone.fm/adchoices

Join Matt DeCoursey and Johnny Wolff, CEO and Founder of HomeRoom, for an interesting discussion about the future of remote investing. The pair talk about the benefits of joining YC, elevator pitches, and the psychology of investing. Matt and Johnny also share the benefits of having peace of mind and being passionate.   Find Startup Hustle Everywhere: https://gigb.co/l/YEh5   This episode is sponsored by Full Scale: https://fullscale.io   Learn more about HomeRoom: https://www.livehomeroom.com  See omnystudio.com/listener for privacy information.

Johnny Wolff of www.livehomeroom.com discussed his business, which provides investors a means of renting out homes by the room rather than by the entire home. He explained that this can result in up to 50% more rent and that the average tenancy length is 16 months. He also discussed the key demographic of 18-35 year olds, who are looking for a more flexible and social way to live that is also more affordable. He also discussed the services they provide, such as roommate screening, judgment searches, evictions, and criminal record searches. Johnny's site: https://LiveHomeRoom.com

Hey, real estate investors. Have you ever wondered how to enter a blue ocean market with few competitors? Ever wonder how to jump in on the rising tides of Prop tech to juice your bottom line? Well, in this week's episode of Making Billions, I bring on Johnny Wolff. Johnny has built a prop-tech company called homeroom. This company is a rising star in the real estate sector where investors can collect impressive rents from renting out all their rooms. WANT TO LEARN HOW THE BEST INVESTORS MAKE MONEY? SIGNUP FOR OUR NEWSLETTER:https://mailchi.mp/d41cfc90bd9f/subscribe-to-newsletterSubscribe on Youtube:https://www.youtube.com/channel/UCTOe79EXLDsROQ0z3YLnu1QQConnect with Ryan Miller:Linkedin: https://www.linkedin.com/in/rcmiller1/Instagram: https://www.instagram.com/makingbillionspodcast/Twitter: https://twitter.com/_MakingBillonsWebsite: pentiumcapitalpartners.com[THE GUEST]: Johnny Wolff is the CEO and Founder of HomeRoom – one of the fastest-growing real estate investing platforms in the United States. After an unusually terrible Craigslist roommate experience in 2017, he converted a single-family home into a group home for his friends. After realizing the massive untapped potential of multi-tenant (co-living) real estate investing – HomeRoom was born. Starting with a single home in Kansas City in 2018, HomeRoom now houses thousands of residents in hundreds of homes across 31 cities, growing at 500+% YoY. HomeRoom's homeowners see 50% higher returns than traditional property investments, and tenants save an average of 50% on rent. In 2022, HomeRoom was accepted into Y Combinator as part of the W22 batch and has raised $6M to date from early-stage investors.[THE HOST]: Ryan is a Venture Capital & Angel investor in technology and energy. He achieved placement growth of 5200% ROI in his first 5 years in the industry.                                                                                                              DISCLAIMER: The information in every podcast episode “episode” is provided for general informational purposes only and may not reflect the current law in your jurisdiction. By listening to our episodes, you understand that no information contained in the episodes should be construed as legal and or financial advice from the individual author, hosts, or guests, nor is it intended to be a substitute for legal, financial, or tax counsel on any subject matter. No listener of the episodes should act or refrain from acting on the basis of any information included in, or accessible through, the episodes without seeking the appropriate legal or other professional advice on the particular facts and circumstances at issue from a lawyer, finance, tax and other licensed in the recipient's state, country or other appropriate licensing jurisdiction. No part of the show, its guests, host, content, or otherwise should be considered as a solicitation for investment in any way.        Support the show

Tune in as Jim Maffuccio and Ben Fraser interview Johnny Wolff, the CEO and Founder of HomeRoom. They delve into the co-living movement - why more tenants are choosing to live with roommates, and how landlords are able to generate better income on single-family properties. Learn more about this trend impacts real estate investors. Connect with Johnny Wolff on LinkedIn https://www.linkedin.com/in/johnnywolff/ or johnny@livehomeroom.com Connect with Jim Maffuccio on LinkedIn https://www.linkedin.com/in/james-maffuccio-77440813/ Connect with Ben Fraser on LinkedIn https://www.linkedin.com/in/benwfraser/ Invest Like a Billionaire podcast is sponsored by Aspen Funds which focuses on macro-driven alternative investments for accredited investors.Get started and download your free economic report today at https://aspenfunds.us/reportJoin the Investor Club to get early access to exclusive deals. https://www.aspenfunds.us/investorclubSubscribe on your favorite podcast app, so you never miss an episode. https://www.thebillionairepodcast.com/subscribe

Today's Flash Back Friday Episode is from Episode #338, which originally aired on August 30, 2021. Johnny Wolff is a real estate and co-living expert.  Johnny's love for real estate investing and living with roommates motivated him to start HomeRoom in 2017. As CEO and Founder of HomeRoom Co-living, Johnny has helped lead one of America's fastest growing co-living companies. And over the past year alone, his company did numbers boasting 99% on-time rent payments, full occupancy, and zero evictions.  Recommended Resources:  Accredited Investors, you're invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club! If you're a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team.  Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com.  Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast. Learn more about Kevin's investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.

Join Spencer Sutton as he interviews Johnny Wolff, the founder and CEO of HomeRoom, to learn more about the fascinating world of roommate investing. In this episode, Johnny shares his insights on: How he got started in renting out rooms instead of the entire home How HomeRoom handles lease terms, repairs, and roommate agreements How they assist investors in purchasing a property to lease out with HomeRoom Don't miss this opportunity to learn more about this innovative approach to real estate investing. Tune in now.

The number of people in their 20's who are living with roommates have more than doubled on a percentage basis over the last 30 years. As a result, people are going on Craigslist or Facebook marketplace to find rooms or roommates. But without a reliable background check, this process can be a major safety concern. What if there was a more elegant way to fine-tune the process and put technology on top of it to elevate the rental investing and home sharing process to a whole new-level? Brian Charlesworth joins Johnny Wolff, CEO and Founder of HomeRoom, as he shares how he started his company, the failures he encountered along the way, and how the lessons he learned from his experience has driven him to be more committed than ever to his mission.   Top Takeaways: (02:48) How HomeRoom was born (04:33) What does it take for real estate agents to stay in the game? (06:15) The first near-death blow that HomeRoon faced (10:30) How HomeRoom survived COVID (14:28) How technology helped set their company apart from their competitors (17:27) What is HomeRoom doing on the marketing side (19:52) How the current market situation has affected their business (23:44) One of Johnny's main motivation (25:42) The seven steps to finding a home room (33:33) Johnny's advice for someone starting or growing a business Connect with Johnny Wolff Website: https://livehomeroom.com/ LinkedIn: https://www.linkedin.com/in/johnnywolff About the guest:   Johnny Wolff started his career in real estate investing  in Silicon Valley ten years ago. In 2015, he was working at a bank, and realized that San Francisco real estate prices were going to be out of his reach for a long time. So he moved to Austin and started to invest heavily in real estate. He quickly bought a number of properties and rented out each of those homes by the bedroom. It was his first taste of property management. One positive thing he got out from that experience, other than learning real estate, is that when he shared his returns to his friends back in the Bay Area, they were really jealous. So much so that they wanted to invest themselves. In 2018, Johnny moved to Kansas City. He started buying other homes, renting them by the room, and also offering it to other investors. Thus HomeRoom was born. Today, Johnny Wolff is the CEO and Founder of HomeRoom,  a Y Combinator-backed residential real estate marketplace that simplifies remote investing and streamlines affordable renting. Our marketplace connects rental property investors seeking a turnkey experience, with renters seeking quality and affordable coliving housing. Johnny is also an official member of the Forbes Business Council.

In this episode Tyler Sheff and Mike Marino interview the CEO of the coliving management company Homeroom.com which is a revolutionary coliving platform Coliving provides an affordable and convenient living option for millennials on the move. The platform offers private rooms, communal spaces, and all the necessary amenities to make life easier. With Homeroom.com, users can save time and money while exploring different cities, meeting new people and creating unique experiences. This platform has numerous benefits when it comes to coliving such as: increased safety, flexible rental terms, ability to live in a variety of locations, access to essential amenities like high-speed internet, shared spaces for socializing or work, cost savings due to shared utilities and more. Homeroom.com is an ideal solution for anyone looking for a hassle-free living experience without having to worry about long-term commitments or hidden costs. Dive in and take a listen!

Michael Tich is the Co-founder of HomeRoom, a home-sharing app that connects users to roommates, social opportunities, and a host of tech-enabled property management tools. Mike previously led marketing and data science teams at Airbnb where he managed between $50-100M in annual digital marketing spend. After the pandemic led to Airbnb shutting down its marketing team in early 2020, Mike quickly found himself at HomeRoom. As CMO, he has helped the early stage company secure $500,000 in funding, whilst growing from 20 to 100 rental properties. We chat about: How to build out MMMs Marketing Analytics Starting a Co-living property Previous Episode with Johnny Wolff https://www.reimastermind.net/episode/co-living-real-estate-investing-with-johnny-wolff-259 (https://www.reimastermind.net/episode/co-living-real-estate-investing-with-johnny-wolff-259) Website: https://livehomeroom.com/ (https://livehomeroom.com/) LIKE • SHARE • JOIN • REVIEW http://reimastermind.net/ (Website) https://reimastermindnetwork.locals.com/ (Join the REI Mastermind Network on Locals!) https://podcasts.apple.com/us/podcast/rei-mastermind-network-real-estate-investing-strategies/id1227366661 (Apple Podcasts) https://podcasts.google.com/feed/aHR0cDovL3JlaXJvb2tpZXMubGlic3luLmNvbS9yc3M (Google Podcasts) https://www.youtube.com/channel/UC_6OpKSfSGvgGDG1qtBQw9Q (YouTube) https://open.spotify.com/show/4P66jm0Q4PMl7OoZzHMUUZ (Spotify) https://www.stitcher.com/show/rei-rookies (Stitcher) https://www.deezer.com/us/show/2148782 (Deezer) https://www.facebook.com/REIMastermindNet (Facebook) https://twitter.com/rei_mastermind (Twitter) https://www.instagram.com/reimastermindnet/ (Instagram) SUPPORT THE SHOW! Self Managing Your Rental Properties? https://app.rentredi.com/signUp/JCH191 (Get 6 months of RentRedi for $1! Click this link!) https://www.patreon.com/reimastermind (Get Exclusive Content on Patreon! • https://www.patreon.com/reimastermind) https://bit.ly/reiappsumo (Get $10 and Reduce Your Business Costs by Shopping at AppSumo • https://bit.ly/reiappsumo) https://drop.com/?referer=3DC729 (Get $10 Towards Your First Purchase at Drop • https://drop.com/?referer=3DC729) "You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack

Michael Tich is the Co-founder of HomeRoom, a home-sharing app that connects users to roommates, social opportunities, and a host of tech-enabled property management tools. Mike previously led marketing and data science teams at Airbnb where he managed between $50-100M in annual digital marketing spend. After the pandemic led to Airbnb shutting down its marketing team in early 2020, Mike quickly found himself at HomeRoom. As CMO, he has helped the early stage company secure $500,000 in funding, whilst growing from 20 to 100 rental properties.We chat about:How to build out MMMsMarketing AnalyticsStarting a Co-living propertyPrevious Episode with Johnny Wolff https://www.reimastermind.net/episode/co-living-real-estate-investing-with-johnny-wolff-259Website: https://livehomeroom.com/LIKE • SHARE • JOIN • REVIEWWebsiteJoin the REI Mastermind Network on Locals!Apple PodcastsGoogle PodcastsYouTubeSpotifyStitcherDeezerFacebookTwitterInstagramSUPPORT THE SHOW!Self Managing Your Rental Properties? Get 6 months of RentRedi for $1! Click this link!Get Exclusive Content on Patreon! • https://www.patreon.com/reimastermindGet $10 and Reduce Your Business Costs by Shopping at AppSumo • https://bit.ly/reiappsumoGet $10 Towards Your First Purchase at Drop • https://drop.com/?referer=3DC729"You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack

The average rent by the room is 50% higher than the traditional house model. Craig Curelop and Zeona McIntyre discuss this with Johnny Wolff, the founder of HomeRoom Coliving. Johnny talks about how rent by the room is also more affordable overall, especially for the younger people who don't have credit yet, or just started to. With HomeRoom, it's also possible for investors to invest remotely. Join in the conversation to learn more! Rentredi You can go to www.rentredi.com and use CODE: INVEST2FI to get 50% off on your first 6 months.www.rentredi.com — CODE: INVEST2FI Kaplan Real Estate Education Visit https://www.kapre.com/ and CODE - Invest2 Air BnB Hosting courseThis course is designed to walk you step by step from purchasing a property, setting it up to rent, to becoming an AirBnb SuperHost.You can register here: https://www.stepbystepbnb.com/a/2147508384/zG79SujhLove the show? Subscribe, rate, review, & share! invest2fi.com

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Johnny Wolff, Founder and CEO of HomeRoom, to talk about HomeRoom's innovative platform for matching renters with real estate investors. Johnny discusses the advantages of shared housing for both renters and investors, the growing trend of young adults living with roommates, why cities see opportunities in shared housing, and more. About Johnny Wolff Johnny Wolff is the CEO and Founder of HomeRoom — one of the fastest-growing real estate investing platforms in the United States.  HomeRoom simplifies out-of-state investing and streamlines affordable renting. The company's marketplace connects rental property investors seeking a turnkey, high-yield experience with renters seeking modern yet affordable housing. Here's a glimpse of what you'll learn:  The advantages of shared housing for both renters and investors How remote work has created a massive opportunity for shared housing The growing trend of young adults living with roommates The case for increasing density to help our housing crisis How cities are working with HomeRoom to address living affordability challenges Featuring Mike Simonsen, CEO of Altos Research A true data geek, Mike founded Altos Research in 2006 to bring data and insight on the U.S. housing market to those who need it most. The company now serves the largest Wall Street investment firms, banks, and tens of thousands of real estate professionals around the country. Mike's insights on the market have been featured in Forbes, New York Times, Bloomberg, Dallas Morning News, Seattle PI, and many other national media outlets. Resources mentioned in this episode: Johnny Wolff on LinkedIn HomeRoom Y Combinator Mike Simonsen on LinkedIn Altos Research Follow us on Twitter for more data analysis and insights: https://twitter.com/altosresearch https://twitter.com/mikesimonsen See you next week!

Today's guest is none other than Johnny Wolf. which is elevating the home sharing concept to a new level. Johnny Wolff is the CEO and Founder of HomeRoom Coliving – one of the fastest- growing coliving companies in the United States. After starting his career as a financial analyst in Silicon Valley (EA, SanDisk, Guidespark), he relocated to Austin, Texas to pursue real estate investing fulltime. His love for real estate investing and living with roommates motivated him to start HomeRoom in 2017, after an unusually terrible Craigslist roommate experience. In 2020, HomeRoom boasted 99% on-time rent payments, full occupancy, and zero evictions. Find complete show notes and more information at therichergeek.com/podcast

The world of real estate provides a great entry into entrepreneurship, and it can lead to life changing opportunities that go beyond earning a commission check.  One area we're about to see some epic shifts in is the rental landscape, and today we're joined by an entrepreneur who has tapped into an incredible opportunity in this space.  HomeRoom is a platform helping investors earn 50% more from their rental properties, while renters pay 50% less. HomeRoom's founder and CEO, Johnny Wolff shares his story and why agents should be looking at this opportunity.     Things You'll Learn in This Episode  The origin story of HomeRoom  Why HomeRoom's value proposition isn't going anywhere anytime soon  How to spot life changing opportunities through selling real estate The benefits of the roommate lifestyle  How we can use HomeRoom to provide more value to our investor clients  When to burn the boats in a new business venture    Guest Bio   Johnny Wolf is the founder and CEO of HomeRoom, a Y Combinator-backed residential real estate marketplace that simplifies remote investing and streamlines affordable renting. Their marketplace connects rental property investors seeking a turnkey experience, with renters seeking quality and affordable coliving housing. From humble beginnings with a single house in 2018, a lot of failures and grunt work, to 140 homes across 30 cities with 1,000 tenants - they're more committed than ever to our mission. Johnny has over a decade of real estate investment and remote property management experience from building and managing his personal real estate portfolios (currently located in Austin, Houston & Kansas City) - and loves using that accumulated experience to find awesome properties for investors and do his part to improve rental investing to improve the quality of living for young people. For more information on agent opportunities at HomeRoom, go to https://livehomeroom.com/invest or send an email to johnny@livehomeroom.com. 

Johnny Wolff is the founder of HomeRoom, a real estate investment platform that increases investors' rent by 50% by enabling them to invest in single-family homes remotely and rent out each room separately. In this episode, Johnny walks us through how investing with the platform works, what the target markets and demographics are like, and how they identify the ideal properties for their investors. Johnny Wolff | Real Estate Background Founder of HomeRoom, which focuses on remote investing via co-living apartments and buildings. Portfolio: GP of 22 units Based in: Kansas City, MO Say hi to him at: livehomeroom.com Facebook LinkedIn Best Ever Book: The 50th Law by 50 Cent and Robert Greene Click here to know more about our sponsors: Equity Multiple | Cornell Capital Holdings | PassiveInvesting.com | FollowUp Boss

Coliving has captured the attention of many as the U.S. faces an affordable housing crisis. As market demand and product rapidly grow, opportunities for investors to get involved have followed. In this episode of The Agent of Wealth Podcast, Marc Bautis is joined by Johnny Wolff, the CEO and Founder of HomeRoom Coliving, one of the fastest growing coliving companies in the United States. Wolff's love for living with roommates motivated him to start HomeRoom in 2017, after an unusually terrible Craigslist roommate experience. In 2020, the company boasted 99% on-time rent payments, full occupancy and zero evictions. In this episode, you will learn:What coliving is, and why it has grown in popularity across the nation.The typical amenities a coliving space provides, including advantages over other forms of rental housing.How coliving housing has fared during the COVID pandemic.How investors can use HomeRoom's services to transform single-family rentals into coliving properties.The future of living: How Gen Z will amplify the trends that Millennials established, such as delayed marriage and living with roommates into their 30's.And more!Resources:Episode Transcript & Blog | livehomeroom.com | livehomeroom.com/invest | Bautis Financial: (862) 205-5000

Johnny Wolff is the CEO and Founder of HomeRoom Coliving – one of the fastest-growing co-living companies in the United States. After starting his career as a financial analyst in Silicon Valley (EA, SanDisk, Guidespark), he relocated to Austin, Texas to pursue real estate investing full-time. His love for real estate investing and living with roommates motivated him to start HomeRoom in 2017, after an unusually terrible Craigslist roommate experience. In this episode, Johnny is sharing his experience with co-living and what could possibly be the future of living. To learn more about Johnny's HoomRoom, you can visit his website, here. You can also reach out to him through LinkedIn and Facebook.  Do you have a story on business development, real estate investing, or other wealth-increasing tips?  Please request to be a guest on the Wealth Watchers Podcast by clicking HERETo find out more about what the hosts, Adam Lendi and Justin Hoggatt, check out: happycampercapital.comFollow on Facebook @WealthWatchersCommunity or @HappyCamperCapitalSupport the show (https://www.buymeacoffee.com/wealthwatchers)

Johnny Wolff is the CEO and Founder of HomeRoom Coliving – one of the fastest-growing coliving companies in the United States. After starting his career as a financial analyst in Silicon Valley, he relocated to Austin, Texas to pursue real estate investing full-time. His love for real estate investing and living with roommates motivated him to start HomeRoom in 2017, after an unusually terrible Craigslist roommate experience. In 2020, HomeRoom boasted 99% on-time rent payments, full occupancy, and zero evictions In this episode we talked about:  • Johny`s Bio & Background  • Co-Living Definition  • Investment Journey Process  • Regulatory Challenges  • Performance over Pandemic   • Platforms Overview  • Real Estate Trends  • Running business from Inception   • Business Development Outlook  • Criteria for Choosing Potentially Successful Real Estate Objects  • Tenant's  Base  • Mentorship, Resources and Lessons Learned Useful links: https://johnnywolff.com https://colivfund.com

Is coliving a wise investment in real estate? With Johnny Wolff in the house, we will talk about turning coliving into a business, coliving benefits, and why it's a fantastic way to diversify your portfolio. Stay tuned! Episode notes: The benefits of coliving How to scale a coliving business The impacts of coliving in a neighborhood Coliving vs. single-family revenue stability and maintenance How to get a good balance of rental properties About Johnny Wolff Johnny Wolff is the CEO and Founder of HomeRoom Coliving – one of the fastest-growing coliving companies in the United States. After starting his career as a financial analyst in Silicon Valley (EA, SanDisk, Guidespark), he relocated to Austin, Texas, to pursue full-time real estate investing. His love for real estate investing and living with roommates motivated him to start HomeRoom in 2017, after an unusually terrible Craigslist roommate experience. In 2020, HomeRoom boasted 99% on-time rent payments, full occupancy, and zero evictions. Sales velocity for HomeRoom is up 300% in 2021, with hundreds of happy residents across 23 cities in 3 states. Powered by investor funds, HomeRoom recently expanded to Dallas and Austin, Texas. Johnny still lives in one of the HomeRoom's first coliving houses in Kansas City and enjoys hanging out and surviving the pandemic with his awesome roommates - especially on chicken wing Thursdays. Connect with Johnny Email: johnny@livehomeroom.com Linkedin: Johnny Wolff Facebook: Johnny Stryker Wolff Jr. Websites: HomeRoom; Johnny Wolf Linkedin: HomeRoom Facebook: HomeRoom Instagram: @livehomeroom Connect with Us!   To connect with Jason Lewis, please email or call him at: Phone: (303) 949-8662 Email: crep@ecospace.com Website: Ecospace    We look forward to hearing from you!

GUEST SUMMARY Today Johnny Wolff joins us in the lab. A real estate entrepreneur, Founder and CEO of HomeRoom Coliving shares with Experiment Nation how you can turn the challenges you face in your real estate journey into business opportunities, using data analysis to figure out your next move, and solving the problem of getting your investment properties rented with technology. Homeroom Coliving was born out of Johnny's problem of finding roommates for his rent hacking strategy — where he maximizes renting by the room in his investment properties. After a few years, he turned this issue into a business that simplifies remote investing and streamlines affordable renting. Johnny started investing in real estate after college and bought a single house in 2018, since then, he has worked on 140 homes across 30 cities with 1,000 tenants. With the founding of HomeRoom Coliving, Johnny and his team has successfully connected countless rental property investors seeking a turnkey experience with renters seeking quality and affordable coliving housing. If you're interested in room hacking, investing in roommate housing, and how tech may play a big role in enhancing your coverage and building a community for your business then do not miss this episode. Join us in the lab as we learn from Johnny Wolff's experience and strategies on how to earn more with roommate housing. HIGHLIGHTS OF THE EPISODE: 03:52 - Guest introduction 05:16 - Turning a problem into a business 07:44 - Johnny's first investment KEEPING IT REAL: 08:36 - Kind of property Johnny bought for starters 13:03 - Why self directed Individual Retirement Account is beneficial 16:15 - How Johnny was able to get bigger returns by having multiple people under one roof. 19:43 - Tools for data analysis 20:56 - The kind of property to look for when room hacking 24:06 - Why Johnny started self managing his roommate houses 27:21 - How Homeroom Coliving started 31:53 - What's booming right now based on analysis 35:29 - Why roommate housing earns more than a standard single family option 38:23 - What investors can expect when working with Homeroom Coliving 39:22 - Why the Homeroom app is better than craigslist 42:18 - How the Homeroom community grows 44:41 - The Homeroom app, its utility, and possible direction 47:33 - The people and books that inspire Johnny 51:16 - Best habit that serves on a day to day basis 51:44 - The biggest misconception that needs to be hurdled over NOTABLE QUOTES (KEY LESSONS): 50:50 - “Building sideways is good and it's hard but it has enabled us to offer a really unique experience for investors and tenants” - Johnny Wolff 53:29 - “If you can figure out any way to trick yourself to just jump off the cliff and into the water, then when you get into the water you learn how to swim - Johnny Wolff CONNECTING WITH THE GUEST Website: www.livehomeroom.com Website: https://johnnywolff.com/ Email: johnny@livehomeroom.com Linkedin: https://www.linkedin.com/in/johnnywolff Twitter: https://twitter.com/johnnystryker Facebook: https://www.facebook.com/livehomeroom/

What is the most stable real estate revenue model of renting? It's coliving. Matthew Sullivan's guest in this episode is Johnny Wolff, the CEO and founder of HomeRoom Coliving. Join in the conversation as Johnny spills the beans on how he overcame the challenges he faced starting up HomeRoom. What is the secret behind doing 500% more than six months before?   He says momentum builds with awareness. If you want your business model to succeed, you need to educate to build trust with your investors. But first, you'll need an amazing talent base to help you. Need more tips? Don't miss out on this episode!   Email: johnny@livehomeroom.com Telephone: (913) 228-0858 Website: http://www.livehomeroom.com LinkedIn: http://www.linkedin.com/in/johnnywolff/ Facebook:  http://www.facebook.com/livehomeroom

Today's #RORE guest is Johnny Wolff. Johnny Wolff is the CEO and Founder of HomeRoom Coliving – one of the fastest-growing coliving companies in the United States. After starting his career as a financial analyst in Silicon Valley (EA, SanDisk, Guidespark), he relocated to Austin, Texas to pursue real estate investing full-time. His love for real estate investing and living with roommates motivated him to start HomeRoom in 2017, after an unusually terrible Craigslist roommate experience. In 2020, HomeRoom boasted 99% on-time rent payments, full occupancy, and zero evictions. Sales velocity for HomeRoom is up 300% in 2021 with hundreds of happy residents across 23 cities in 3 states. Powered by investor funds, HomeRoom recently expanded to Dallas and Austin, Texas. Johnny still lives in one of HomeRoom's first coliving houses in Kansas City, and enjoys hanging out and surviving the pandemic with his awesome roommates -especially on chicken wing Thursdays! Welcome to the podcast Johnny!Key Points From The Episode:Starting his career as a financial analyst at Silicon Valley doing analyzing real estate deals on the side.Moving to Kansas City to further build his portfolio. Formulated the HomeRoom CoLiving concept from bad roommate experiences in the past.Describing CoLiving as an idea of layering technology into roommate living and making them better. By using machine learning in pairing roommates, it becomes a better fit.HomeRoom CoLiving being an upgraded version of remote investing and roommate living.How increasing rents 50-70% is possible with roommate rentals. Roommate matching horror stories… Becoming the Airbnb of Roommate Housing.Improving tenant sourcing in the industry.Using the app, investors can manage their investments and properties seamlessly.Widely sourcing leads from different funnels and virtually checking out each property before renting out.Future goals for HomeRoom. Planning on entering 750+cities within the next few years.Roommate housing being the future.Advantages of “living as a service” model.Books mentioned:The 50th Law by Robert Greene and 50 cent

A nationally certified Life Coach in Leadership and one of the top Real Estate professionals in the world closing 30-65 deals a month, Chris Craddock is the host of the Uncommon Real Estate Podcast, a realtor, and entrepreneur who runs multiple successful businesses in the Washington DC Metro area (and Richmond, VA). Chris and his companies consistently bring in close to 10 Million in revenue year after year. His team, The Redux Group, sold just over $160 Million in volume in 2020. Listen now!

As a Realtor, Ashley's first priority is to ensure that the home buying or selling process is fun, easy, and stress-free. She is experienced with selling homes, buyer services, new construction homes, investment guidance, and more. She carefully listens to her client's wants and needs to achieve the best outcome in every transaction. Her clients love knowing they can count on her as she is always available and alongside them during the entire process. Listen now!

Johnny Wolff is the CEO and Founder of HomeRoom Coliving – one of the fastest-growing coliving companies in the United States. After starting his career as a financial analyst in Silicon Valley (EA, SanDisk, Guidespark), he relocated to Austin, Texas to pursue real estate investing fulltime.  His love for real estate investing and living with roommates motivated him to start HomeRoom in 2017, after an unusually terrible Craigslist roommate experience. In 2020, HomeRoom boasted 99% on-time rent payments, full occupancy, and zero evictions. Sales velocity for HomeRoom is up 300% in 2021 with hundreds of happy residents across 23 cities in 3 states. Powered by investor funds, HomeRoom recently expanded to Dallas and Austin, Texas. Johnny still lives in one of HomeRoom's first coliving houses in Kansas City, and enjoys hanging out and surviving the pandemic with his awesome roommates especially on chicken wing Thursdays. Website: livehomeroom.com --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

Johnny Wolff is the CEO and Founder of HomeRoom Coliving – one of the fastest-growing coliving companies in the United States. After starting his career as a financial analyst in Silicon Valley (EA, SanDisk, Guidespark), he relocated to Austin, Texas to pursue real estate investing full-time. His love for real estate investing and living with roommates motivated him to start HomeRoom in 2017, after an unusually terrible Craigslist roommate experience. In 2020, HomeRoom boasted 99% on-time rent payments, full occupancy, and zero evictions. Sales velocity for HomeRoom is up 300% in 2021 with hundreds of happy residents across 23 cities in 3 states. Powered by investor funds, HomeRoom recently expanded to Dallas and Austin, Texas. Johnny still lives in one of HomeRoom's first coliving houses in Kansas City and enjoys hanging out and surviving the pandemic with his awesome roommates - especially on chicken wing Thursdays.

We have a hot new topic to talk about today: co-living! Join Johnny Wolff and I as we talk about modernized co-living, investing in co-living facilities, the benefits of co-living on both ends of the spectrum, and more. Johnny Wolff is the CEO and Founder of HomeRoom, one of the fastest-growing co-living companies in the United States. HomeRoom makes it easier for renters to look for short-term housing and, at the same time, provides an avenue for investors to find renters in a more structured set-up. While co-living is not a new concept, HomeRoom has transformed this type of housing into something more accessible, more harmonious, and ultimately—more profitable. Johnny walks us through the concept of co-living and how his company maintains standards in roommate set-ups. He also explains how companies like HomeRoom influence the sharing economy, as well as what co-living accomplishes for the average U.S. renter. And, of course, we talk about how he and his team choose where, when, and how to invest in perfect properties for co-living. Co-living is a new take on the boarding house concept, and HomeRoom is one of the few companies that involve investors in the equation. If you want to learn more about co-living, how to invest in a co-living property, and the benefits of co-living (for both renters and investors), click ‘Play' now. KEY TAKEAWAYS 1. You don't have to own things to be happy. 2. Co-living allows people not to be stuck in one place. 3. There is generally natural accountability that comes with a shared living set-up. 4. There is a lot of money in the sharing economy, especially in housing that is a current dire need. LINKS https://www.linkedin.com/in/johnnywolff https://livehomeroom.com/ Want to invest in my deals? - Click Here to Find out More!

Johnny FD interviews Homeroom CEO Johnny Wolff about co-living both as a tenant and potential investor. Then Johnny & Derek share their roommate stories, investing in Homeroom, and exploring creating your own co-living investment property. Johnny Wolff is the CEO and Founder of HomeRoom Coliving – one of the fastest growing coliving companies in the United States. After starting his career as a financial analyst in Silicon Valley (EA, SanDisk, Guidespark), he relocated to Austin, Texas to pursue real estate investing fulltime. His love for real estate investing and living with roommates motivated him to start HomeRoom in 2017, after an unusually terrible Craigslist roommate experience. In 2020, HomeRoom boasted 99% on-time rent payments, full occupancy, and zero evictions. Sales velocity for HomeRoom is up 300% in 2021 with hundreds of happy residents across 23 cities in 3 states. Powered by investor funds, HomeRoom recently expanded to Dallas and Austin, Texas. Johnny still lives in one of HomeRoom's first coliving houses in Kansas City, and enjoys hanging out and surviving the pandemic with his awesome roommates - especially on chicken wing Thursdays. Listen to ILAB 201 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdj Sam Marks – Ireland/ IG @imsammarks Derek Spartz - Venice Beach / IG @DerekRadio Sponsor: Flippa Visit Flippa.com/boss today to get the best price for your online business or register as a buyer and tap into the many businesses up for sale. Support Invest Like a Boss: Join our Patreon Discussed: HomeRoom: Coliving Rooms | Best Property Investment Marina del Rey, CA Co-Living Building Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamps: 17:34 – How does it work for a tenant? 21:17 – Can you explain why they are all 1 bedroom 1 bathrooms? 21:58 – What other fees are there for the tenant? 23:25 – How does it work for an investor? 26:30 – How did you calculate the numbers for the investment? 29:46 – What happens if the real estate market drops? 30:59 – How do you guarantee a monthly rent? 31:25 – Do you have to be accredited or do you have to be in the US to invest? 32:26 – What are the steps to be taken in order to invest? 35:02 – What kind of contract do you have with the investor? 37:02 – What are the policies if the owner wants to move in? 40:26 – Johnny and Derek review If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.

CEO and Founder of HomeRoom Coliving. He is excited to partner with real estate investors to bring Coliving to the Midwest & Texas. He has over a decade of real estate investment and remote property management experience from building and managing his personal real estate portfolios (currently located in Austin, Houston & Kansas City) - and love using that accumulated experience to find awesome properties for our investors. (00:02 - 2:01) Opening Segment - Introduction of the host into the show - Alpesh introduces the guest of the show, Johnny - Johnny shares something interesting about himself (2:01 - 28:36) Corporate America to 100+ Rental Units -What was your very first real estate investment - How did that first investment work out for you? - Is now a good time to invest in real estate? What do you think? - What does HomeRoom do? -How do you identify properties that will generate average returns? -What kind of data does your data scientist look at? -Can you share the number on one property let's say Dallas, how it was acquired, what was the price paid, and what it's rented now? -Is there a minimum bedroom, bathroom size that you look for in a home, or if it's not there you look into converting? -Does the investor needs to deal with the contractors -What does your property management or the coliving management fee -What does that 15% include? -How did you get this idea about HomeRoom? What was your journey? -What kind of insurance requirement will investors have? - Have you been through some horror stories? -What kind of rules do you put in place? Are the rules similar for the Dallas market, to Austin, to Kansas City? or do you have to differentiate for another market? -How does the contract between you and the landlord work? and how does it work between you and tenants? -Are you looking into other markets other than these three markets you are in? (28:36 - 29:05) Break - Welcoming listeners and guest back to the show (29:05 - 32:01) Fire Round - Will Johnny change the business strategy after Coronavirus? – Johnny's favorite real estate, finance, or other related books – Tools or website Johnny recommends – How does Johnny give back? – How can Wealth Matters Podcast listeners reach out to Johnny? (32:01 - 32:22) Closing Segment -If you want to learn more about the discussion, you can watch the podcast on Wealth Matter's YouTube channel and you can reach out to Alpesh using this link. Facebook: @wealthmatrs IG: @wealthmatrs.ig Tiktok: @wealthmatrs

Did you know that you can maximize your ROI by co-living with your tenants? Check out this episode with Johnny Wolff and learn how to create passive income with this great investment strategy, plus a few tricks that will make your property management a lot easier. Key takeaways to listen for How this real estate investment strategy works Why you should consider house hacking as your first investment Is house hacking a good option for cash flow? Type of loans and properties to look for How technology has impacted property management About Johnny Wolff Johnny Wolff is the CEO and Founder of HomeRoom Coliving – one of the fastest-growing co-living companies in the United States. After starting his career as a financial analyst in Silicon Valley (EA, SanDisk, Guidespark), he relocated to Austin, Texas to pursue real estate investing full-time. His love for real estate investing and living with roommates motivated him to start HomeRoom in 2017, after an unusually terrible Craigslist roommate experience. In 2020, HomeRoom boasted 99% on-time rent payments, full occupancy, and zero evictions. Sales velocity for HomeRoom is up 300% in 2021 with hundreds of happy residents across 23 cities in 3 states. Connect with Johnny Website: www.livehomeroom.com LinkedIn: Johnny Wolff E-mail: johnny@livehomeroom.com   Connect with Leigh Please subscribe to this podcast in iTunes or in the Podcasts App on your phone, and never miss a beat from Leigh by visiting https://leighbrown.com. DM Leigh Brown on Instagram or on Twitter or any social networks by clicking here. Subscribe to Leigh's other podcast Real Estate From The Rooftops! Sponsor If you're tired of doing real estate alone, enroll in  Leigh Brown University and be sure to use your special “CSIRE” discount code at checkout for $10 off your subscription.

“Just make sure you're geared up and ready to go whatever you do because it will help you keep going if you experience that much hardship.”-Johnny WolffJohnny Wolff is the CEO and founder of Homeroom Coliving, one of the fastest growing Coliving companies in the United States. After starting his career as a financial analyst in Silicon Valley, working for EA sand desk and Guide Spark. He relocated to Austin, Texas to pursue real estate investing full time. His love for real estate investing as he's also been investing since 2008 and living with roommates, which has done since 2002 motivated him to start homeroom in 2017 after an unusually terrible Craigslist roommate experience.In this episode, Trevor and Johnny discuss:-What sparked Johnny's interest in real estate investing.-How Johnny managed to overcome his fears, despite the fact that he didn't know how to run figures at first, he still continued to focus on real estate investing.-How the idea of homeroom started.-The two important criteria to consider when looking for a potential property.-The benefits of homeroom rentals.-The experiences they had in the first few months of the pandemic given that they were going through the process of building the company and how they managed them.-How they switched to fully remote leasing.-The process when bringing in a new roommate.-The unusual roommate search experience Johnny had that led and motivated him to start Homeroom in 2017.

Todays guest is Johnny Wolff, CEO and Founder of HomeRoom Coliving – one of the fastest- growing coliving companies in the United States with hundreds of tenants in five US markets. Co-living is where you rent homes by the room and enjoy corresponding higher returns as a result.   During this wide ranging conversation, Johnny and I discuss: His early career in Silicon Valley Moving to Texas and experimenting with the co-living investment model The difficulties experienced setting up and scaling a co-living business How they work with investors to expand and create win-win scenarios The demographics who enjoy living with roommates Why demand from millennial and Gen-Z is growing The property types used to maximize returns And much more!   Contact Johnny Wolff: http://www.livehomeroom.com johnny@livehomeroom.com https://www.linkedin.com/in/johnnywolff/ https://www.facebook.com/livehomeroom

As individuals move throughout the world, there is a growing need and desire for the global community to live with friends or roommates to escape loneliness and isolation. Check out this episode as Johnny Wolff shares his knowledge about the “co-living” concept, why it's gaining traction, and its economic success in the real estate industry. Key Takeaways To Listen ForOvercoming challenges with roommatesPros and cons of leasing a home-sharing Ways to manage a co-living property and to find potential roommatesThe emerging renting trend of co-living in the market Understanding the areas with higher demands of a co-living conceptCo-living situation amidst the global pandemicAbout Johnny Wolff  Johnny Wolff is the CEO and Founder of HomeRoomColiving – one of the fastest-growing coliving companies in the United States.  His love for real estate investing and living with roommates motivated him to start HomeRoom in 2017, after an unusually terrible Craigslist roommate experience. In 2020, HomeRoom boasted 99% on-time rent payments, full occupancy, and zero evictions.Connect with JohnnyWebsite: HomeroomFacebook: HomeroomLinkedIn: Johnny Wolff  Email: johnny@livehomeroom.comTo Connect With UsPlease visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!SponsorThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GrowYourShow.com and Schedule a call with Adam A. Adams

Today we're going to talk about one of my favorite topics – demographics.  Specifically, how Generation Z is going to amplify the trends that millennials have already established, such as delaying marriage and living with their friends into their 30's.  It pays to understand these trends and the disruption they create in the traditional rental housing market.  Concepts such as Shared Housing and Coliving are being monetized by savvy investors who see this as a lasting and lucrative trend. My guest today is one of those investors.  Johnny Wolff has roots in Silicon Valley and is the CEO and Founder of HomeRoom Coliving, which is one of the fastest growing coliving companies in the United States. Today Johnny is going to compare and contrast the Millenial and Gen Z demographics and explain the minimum and maximum technology and services they expect to encounter when renting.  Johnny will share the app he uses to create 3D tours, floor plans and dimensions of his properties, and the way he conducts his virtual tours and video interviews. We'll also talk about the type of property that works well for coliving, and how Johnny maximizes the space by adding bedrooms in order to increase rent income per square foot. If you're looking for ways to add upside value to the traditional rental housing model, then you definitely want to hear how Johnny is increasing net income by over 30%.  You can find out more about Johnny and HomeRoom Coliving through email: johnny@livehomeroom.com or website: https://livehomeroom.com Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and medicare benefits. https://www.rcbassociatesllc.com

Johnny Wolff is a real estate and co-living expert.  Johnny's love for real estate investing and living with roommates motivated him to start HomeRoom in 2017. As CEO and Founder of HomeRoom Co-living, Johnny has helped lead one of America's fastest growing co-living companies. And over the past year alone, his company did numbers boasting 99% on-time rent payments, full occupancy, and zero evictions.  Quote: “We call it ‘roommate living with luxury apartment amenities' or ‘concierge service'  “We are the platform, right? Our goal is to, over time, become similar to an airbnb but for the living space.” “With co-living we can get up to 70% more in a single-family home, versus as its being rented by one person. So that extra revenue allows investors to make quite a bit more money.” Highlight: 02:05 - Johnny tells us more about himself and how he found himself in this part of real estate. 04:57 - Johnny tells us more about different aspects of his business model. 06:27 - Johnny talks about his experience with online co-living events before and during the pandemic. 07:18 - Johnny discusses HomeRoom's role in the real estate space. 07:50 - Johnny gives an overview of what co-living operations look like. 10:15 - Johnny provides insight into what the average increase return looks like for Home Room. 12:40 - Johnny lists the criteria that allow a co-living home to be successful. 14:10 - Johnny provides us with an overview of the next few years for Home Room. 16:27 - Johnny tells listeners one thing he wants you to know about the advantage of co-living investing. 19:21 - Johnny explains the regulatory risks to this business model. Guest Website: https://livehomeroom.com/team Recommended Resources:  Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.com  Self Directed IRA Investment Opportunity – Click Here To Learn More About How You Can Invest With Us Through Your SDIRA  Accredited Investors Click Here to learn more about partnering with me and my team on Mobile Home Park deals!  Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them MobileHomeParkAcademy.com  Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2  

About Johnny :Excited to partner with real estate investors to bring Coliving to the Midwest & Texas.I have over a decade of real estate investment and remote property management experience from building and managing my personal real estate portfolios (currently located in Austin, Houston & Kansas City) - and love using that accumulated experience to find awesome properties for our investors.A new style of life is just four steps away1.Find a home Take a look at one of our beautiful homes & schedule a virtual tour and walkthrough.2.Explore the space See the place and connect with your future roommates .3.Make it official, After we've ticked off background & credit checks, we'll send you a digital lease to review & sign.4.Move in The place is yours. Get your digital key to the house & the community.On Today's Show Johnny DiscussesWhat is Co-Living Moving to Kansas CityHaving a virtual meeting Finding a community with Co-livingWorking with investorsAnd much more....Links From The Podcast https://livehomeroom.com/https://livehomeroom.com/teamhttps://livehomeroom.com/podcastshttps://peer2peerrealestate.com/www.facebook.com/peer2peerrealestatehttps://www.linkedin.com/in/williemorales/Williamp2pre (Twitter)Books RecommendedA hard thing about hard things- Ben Horowitz The 50th law - Robert Greene Thank You Johnny For Being on The Podcast.Please go to Apple Podcasts look for us at Peer 2 Peer Real Estate Podcasts, subscribe and leave a reviewKeep the momentum going, Good things will happen.Thank you and Stay safe. See acast.com/privacy for privacy and opt-out information.

On this episode, we're talking Millennial and Gen Z real estate trends, coliving, startups, and real estate investing with CEO and Founder of HomeRoom Coliving, Johnny Wolff!Watch at YouTube.MatthewMa.com!Johnny Wolff is the CEO and Founder of HomeRoom Coliving – one of the fastest growing coliving companies in the U.S. After starting his career as a financial analyst in Silicon Valley, he relocated to Austin, Texas to pursue real estate investing. A terrible roommate experience inspired him to found HomeRoom Coliving. Sales velocity for HomeRoom is up 300% in 2021 with hundreds of happy residents across 23 cities in 3 states. Reach out to Johnny Wolff at johnny@livehomeroom.com.Connect:Facebook: https://www.facebook.com/JohnnyStrykerLinkedIn: https://www.linkedin.com/in/johnnywolff/Website: https://livehomeroom.com/Leave a review on iTunes and let me know what you think !Host: Matthew MaMatthew Ma is an Investor, Syndicator, Founder, Coach, and Podcast Host. He's a Broker Associate with eXp Realty and strives to help agents grow their business with proven, effective methods learned from experience. Through his podcast, The Truth About Real Estate, and Avant University, he educates buyers, sellers, investors, and real estate agents on the current state of the market, how to use innovations in technology, sales, and marketing to build a scalable business. As an investor and syndicator with Avant Asset Management, he's dedicated to client success by building wealth through investments in apartment building syndications. Reach out to Matthew Ma at Matt@MatthewMa.com.

On this episode, we're talking Millennial and Gen Z real estate trends, coliving, startups, and real estate investing with CEO and Founder of HomeRoom Coliving, Johnny Wolff!Watch at YouTube.MatthewMa.com!Johnny Wolff is the CEO and Founder of HomeRoom Coliving – one of the fastest growing coliving companies in the U.S. After starting his career as a financial analyst in Silicon Valley, he relocated to Austin, Texas to pursue real estate investing. A terrible roommate experience inspired him to found HomeRoom Coliving. Sales velocity for HomeRoom is up 300% in 2021 with hundreds of happy residents across 23 cities in 3 states. Reach out to Johnny Wolff at johnny@livehomeroom.com.Connect:Facebook: https://www.facebook.com/JohnnyStrykerLinkedIn: https://www.linkedin.com/in/johnnywolff/Website: https://livehomeroom.com/Leave a review on iTunes and let me know what you think !Host: Matthew MaMatthew Ma is an Investor, Syndicator, Founder, Coach, and Podcast Host. He's a Broker Associate with eXp Realty and strives to help agents grow their business with proven, effective methods learned from experience. Through his podcast, The Truth About Real Estate, and Avant University, he educates buyers, sellers, investors, and real estate agents on the current state of the market, how to use innovations in technology, sales, and marketing to build a scalable business. As an investor and syndicator with Avant Asset Management, he's dedicated to client success by building wealth through investments in apartment building syndications. Reach out to Matthew Ma at Matt@MatthewMa.com.

Johnny Wolff is the CEO and Founder of HomeRoom Coliving – one of the fastest-growing coliving companies in the United States. After starting his career as a financial analyst in Silicon Valley (EA, SanDisk, Guidespark), he relocated to Austin, Texas to pursue real estate investing full-time. His love for real estate investing and living with roommates motivated him to start HomeRoom in 2017, after an unusually terrible Craigslist roommate experience. In 2020, HomeRoom boasted 99% on-time rent payments, full occupancy, and zero evictions. Sales velocity for HomeRoom is up 300% in 2021 with hundreds of happy residents across 23 cities in 3 states. Powered by investor funds, HomeRoom recently expanded to Dallas and Austin, Texas. Johnny still lives in one of HomeRoom's first coliving houses in Kansas City and enjoys hanging out and surviving the pandemic with his awesome roommates - especially on chicken wing Thursdays. Show notes at REIMastermind.net

Johnny Wolff is the CEO and Founder of HomeRoom Coliving – one of the fastest-growing coliving companies in the United States. After starting his career as a financial analyst in Silicon Valley (EA, SanDisk, Guidespark), he relocated to Austin, Texas to pursue real estate investing full-time. His love for real estate investing and living with roommates motivated him to start HomeRoom in 2017, after an unusually terrible Craigslist roommate experience. In 2020, HomeRoom boasted 99% on-time rent payments, full occupancy, and zero evictions. Sales velocity for HomeRoom is up 300% in 2021 with hundreds of happy residents across 23 cities in 3 states. Powered by investor funds, HomeRoom recently expanded to Dallas and Austin, Texas. Johnny still lives in one of HomeRoom's first coliving houses in Kansas City and enjoys hanging out and surviving the pandemic with his awesome roommates - especially on chicken wing Thursdays. Show notes at REIMastermind.net

For our #TechandTacticsTuesday, we have as our guest, Johnny Wolff, CEO and founder of HomeRoom Coliving – one of the fastest-growing coliving companies in the United States. In this episode, you'll learn about his own coliving code and how you can partner with him as an investor or a property owner.Coliving is a thriving venture capital mostly in the multi-family space. There is currently a high demand for occupancy. Even through the pandemic, they were able to continue leasing. One of the few challenges they faced was having a couple of Covid cases among their roommates. However, they were able to successfully handle and overcome those challenges. Moving forward, they developed a tech that enabled them to do remote leasing. Find out more on this episode!

In a world of constantly changing housing needs, it's important that we are paying attention to trends, and adapting our investments and businesses accordingly. One trend that Johnny Wolff sees coming is the co-living movement. He has built much of his portfolio around this belief and has started a company dedicated to connecting investors to tenants interested in a co-living arrangement. I found the topic fascinating, and there is a lot to unpack here about a really compelling strategy that most of us haven't ever looked into! Don't forget to leave a rating or review on iTunes! It helps out the show a lot. Thanks so much!

Welcome back everybody to the AJ Osborne Podcast! I'm your host, AJ Osborne.    Today I have the pleasure of introducing you to Johnny Wolff who is absolutely crushing the real estate investment world by doing some amazing repositioning and changing value of assets.    Johnny is a financial analyst who moved to and is now living and investing in Kansas City, the city that he has identified to be one of the best cash-flowing real estate markets in the US. But what is “the best” real estate market? We cover this in the podcast and the get to the truth of what this really means.    Johnny also shares in this podcast exactly how he changes the cashflow and revenue structure of the investments he's buying, and what exactly he's doing to still achieve huge spreads on his real estate investments, even in this crazy real estate market we're seeing currently. Johnny also shares his thoughts on value, the details about getting started and realizing that you're not going to generally hit a homerun deal on your very first deal, his thoughts on the current real estate market, keys to real estate investing strategy in the current market, and more.   Real estate is one of the few investments where you can achieve such amazing returns through forced and passive appreciation, realize such amazing tax benefits, and be able to utilize so many different strategies all within the same investment vehicle. As you know, I love real estate and this podcast today is an amazing breath of fresh air on how you can invest in and take advantage of real estate in the current state of the real estate market. This wasn't a podcast or discussion that provided strategies for real estate investing 3 or 5 years ago, it's what you can do right now today.    Alright, get to it and get ready to take notes!   Thanks everybody,  AJ   Keep up with Johnny on his website or on his email directly at: livehomeroom.com johnny@livehomeroom.com

Welcome back everybody to the AJ Osborne Podcast! I'm your host, AJ Osborne. Today I have the pleasure of introducing you to Johnny Wolff who is absolutely crushing the real estate investment world by doing some amazing repositioning and changing value of assets. Johnny is a financial analyst who moved to and is now living and investing in Kansas City, the city that he has identified to be one of the best cash-flowing real estate markets in the US. But what is “the best” real estate market? We cover this in the podcast and the get to the truth of what this really means. Johnny also shares in this podcast exactly how he changes the cashflow and revenue structure of the investments he's buying, and what exactly he's doing to still achieve huge spreads on his real estate investments, even in this crazy real estate market we're seeing currently. Johnny also shares his thoughts on value, the details about getting started and realizing that you're not going to generally hit a homerun deal on your very first deal, his thoughts on the current real estate market, keys to real estate investing strategy in the current market, and more. Real estate is one of the few investments where you can achieve such amazing returns through forced and passive appreciation, realize such amazing tax benefits, and be able to utilize so many different strategies all within the same investment vehicle. As you know, I love real estate and this podcast today is an amazing breath of fresh air on how you can invest in and take advantage of real estate in the current state of the real estate market. This wasn't a podcast or discussion that provided strategies for real estate investing 3 or 5 years ago, it's what you can do right now today. Alright, get to it and get ready to take notes! Thanks everybody, AJ Keep up with Johnny on his website or on his email directly at: livehomeroom.com johnny@livehomeroom.com

Johnny is the CEO and Founder of HomeRoom Coliving, one of the fastest-growing coliving companies in the United States.  At HomeRoom, Johnny educates investors on taking current properties and redesigning them into lucrative, coliving dreams.  This is the first co-living investment platform that makes it easy for investors to buy, lease, manage, and sell properties. Through its efficient delivery of upscale roommate housing, it satisfies the unique needs of early-stage professionals and provides investors with premium, worry-free returns.    [00:01 - 04:59] Opening Segment Johnny introduces himself and HomeRoom Coliving What is coliving?    [05:00 - 12:05] Increase your Cashflow with Coliving Johnny's coliving strategy Making coliving comfortable for all How to Manage Coliving Investments  Coliving holds many opportunities  Millennials versus Generation Z    [12:06 - 22:24] The People in Coliving Wear and Tear on Properties and Security Deposits The Most Destructive Folks in the World Fair Housing  Johnny talks about the system in their coliving housing   [22:25 - 30:44] Closing Segment Quick break for our sponsors Groundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started. What is the best investment you've ever made other than your education? A duplex in Austin Johnny's worst investment Following a 1% rule What is the most important lesson that you've learned in business and investing? “Finding really high end team members and mentors in the specific skill sets that you're the weakest in is how you kind of uncap your potential and what you can do.” Connect with my guest. See the links below.   Tweetable Quotes: “There's accountability in properties.” - Johnny Wolff “Coliving vacancy can be less painful.” - Johnny Wolff “It's really about underwriting every deal.” - Johnny Wolff “You can find help in areas you need that can upcap you and help bridge your weaknesses to find high levels of success.” -Johnny Wolff ------------ Connect with Johnny through johnny@livehomeroom.com, Facebook, LinkedIn, and http://www.livehomeroom.com    Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/ Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.    LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes                     

Episode: Co-Living Tech Company Producing High ROI for Investors with Johnny WolffGuest: Johnny Wolff is the CEO & Founder of tech Company, HomeRoom.  HomeRoom is one of the fastest growing co-living companies in the U.S.  Johnny founded HomeRoom after a career as an analyst in Silicon Valley and then relocating to Austin, TX.  Big Idea:  Investors can obtain outsize returns by investing in co-living housing.  Co-living is a trend where many young people prefer living with roommates for social & economic reasons.  This trend exists throughout the U.S. and a new industry is arising to provide a professionally managed experienced to both residents & landlords.This Episode of The REI Diamonds Show is Sponsored by the Deal Machine. This Software Enables Real Estate Investors to Develop a Reliable & Low Cost Source of Off Market Deals. For a Limited Time, You Get Free Access at http://REIDealMachine.com/Resources Mentioned in this Episode:https://LiveHomeRoom.com/For Access to Real Estate Deals You Can Buy & Sell for Profit:https://AccessOffMarketDeals.com/podcast/View the Episode Description & Transcript Here:https://reidiamonds.com/getting-high-return-on-investment-through-co-living-rentals-with-johnny-wolff/Johnny & I Discuss Getting High Return on Investment with Co-Living Rentals:• How to Get 20% more free cash flow than conventional rentals• Tech Stack Developed to Run HomeRoom• Risks involved in owning Co-Living Rental Property• Scaling to more than 325 Rooms in Several StatesRelevant Episodes: (There are 194 Content Packed Interviews in Total)• Buying Mortgage Notes Generates 15% + Returns with Brian Lauchnerhttps://bit.ly/3zto5EE• Dan Breslin on Raising Private Money for Single Family Flipshttps://bit.ly/3eOTrxr• 100+ Unit Apartment Syndication with Stephanie Walterhttps://bit.ly/2W0Xyjp• Sakar Kawle on Building a 200 Unit Portfolio in Baltimorehttps://bit.ly/3But1uF

In this episode, we have Johnny Wolff with Homeroom. Homeroom helps investors purchase properties out of state and provides a turnkey solution that helps them rent out the home room by room to maximize the rents. If you want to learn how to boost rents by renting out your properties by the room, then you need to listen to this episode.

Johnny is the CEO and Founder of HomeRoom. The first coliving company in Kansas City. Since its inception in 2018 the company has grown rapidly into 3 other markets. Johnny talks about the brick he faced in his personal life, and in starting a and running a startup. He shares some of the whispers that helped him get through tough times and what you should do if you want to pursue your dreams.

In today's episode of Passion for Real Estate Investments, CEO of HomeRoom, Johnny Wolff, talks about co-living real estate. Johnny's career started in Finance in Silicon Valley. In 2015, he became a full-time real estate investor, renting by-the-room. In 2018, he sought to solve the problem of finding a co-living arrangement and founded HomeRoom. HomeRoom is one of the fastest growing co-living companies in the US. Johnny holds a BSc in Business Administration and Finance from the California Polytechnic State University. How do they decide which candidates are best-suited for co-living? What challenges does he face? Johnny tells us about lease terms, dealing with roommate issues, and the ideal target demographics. We get to hear about the investment process, returns, and the HomeRoom concept. If you want to learn more about co-living real estate investing, or you want to add co-living to your portfolio, this episode is for you. Highlights from the interview * “If you can use leverage and target good markets, you can make a lot more money in real estate than any other way.” * “26% of young adults are living with roommates, which is the highest ever, and it keeps trending up – it's been going up for the last four decades.” * “52% of young adults are living with their parents today.” * “The return on investment is in the high 20%. Your cash-on-cash, depending on the city, is 7-9%.” * “You don't even need to be experienced – we'll coach you on real estate investing.”

In today's episode of Passion for Real Estate Investments, CEO of HomeRoom, Johnny Wolff, talks about co-living real estate. Johnny's career started in Finance in Silicon Valley. In 2015, he became a full-time real estate investor, renting by-the-room. In 2018, he sought to solve the problem of finding a co-living arrangement and founded HomeRoom. HomeRoom is one of the fastest growing co-living companies in the US. Johnny holds a BSc in Business Administration and Finance from the California Polytechnic State University. How do they decide which candidates are best-suited for co-living? What challenges does he face? Johnny tells us about lease terms, dealing with roommate issues, and the ideal target demographics. We get to hear about the investment process, returns, and the HomeRoom concept. If you want to learn more about co-living real estate investing, or you want to add co-living to your portfolio, this episode is for you.   Highlights from the interview * “If you can use leverage and target good markets, you can make a lot more money in real estate than any other way.” * “26% of young adults are living with roommates, which is the highest ever, and it keeps trending up – it's been going up for the last four decades.” * “52% of young adults are living with their parents today.” * “The return on investment is in the high 20%. Your cash-on-cash, depending on the city, is 7-9%.” * “You don't even need to be experienced – we'll coach you on real estate investing.”

In this episode of the Alchemist Nation Real Estate Podcast, I talk to Johnny Wolf who says that cash flow is trash flow but appreciation. He explains what this means and they have always advised their investors by letting them know that return on investment is king. When one looks at what it is going to do for his life like $ 100 a month and how many times you have to stack that up to get the freedom that people are promising, mostly the turnkey companies and entirely the whole real estate. He says that the ecosystem is kind of built around this premise that is not as powerful when it comes to building wealth like appreciation. He is not saying that go buy negative cash flow properties, that is a mistake which he has done like the properties he owns in Austin, Texas are negative cash flow which is challenging but as long as you break even like when you buy in areas that are appreciating super quickly that is how you're going to make 6 figures. The amounts of months you have to stack up hundreds of dollars in cash flow to make 6 figures are years and years which is wrong to be a wealthy individual. Johnny offers 3 pieces of advice to 20-year-old Johnny that will speed up his acceleration to success and happiness. 1) - In the end, the truth comes out depending on your time, effort, and hustle. 2) - Take risks sooner, travel more, and get out of the city to try something new. 3) - Get valuable business mentors. To learn more check out the blog and podcasts at http://www.GualterAmarelo.com To register for our Saturday live webinar to start your wealth journey, visit http://www.gualteramarelo.com/Live To get in touch with johnny visit https://livehomeroom.com or email: johnny@livehomeroom.com --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/alchemist-nation/support

Johnny Wolff has been immersed in real estate across the U.S. for years. After spending 10 years in Silicon Valley living in roommate houses and working in finance, he moved to Austin to invest in real estate and rented out homes by the room. Johnny then moved to Kansas City in 2018 and had a tough time finding good quality roommate housing. In response to this, he decided to start a roommate house company in June of 2018 while on vacation. HomeRoom is now up to 19 houses and 107 rooms today while being cash flow positive with zero vacancies. Johnny is still fine-tuning the model but is happy with the progress. He is excited to bring Coliving to the Midwest and serve this need in the market! ♥ ---- Thank you for watching this video—Please SHARE IT and leave a comment! I LOVE to personally read & reply to all comments.---- ♥ ►► Christine and her team are the creators of Kndrd.io: The comprehensive software solution that uses technology to put the LIVING into CoLIVING. ◄ ◄ *Register for a FREE account at https://kndrd.io/register ----►► Be sure to check out The Coliving Code, is the first comprehensive book published in the COLIVING industry…. NOW AVAILABLE ON AMAZON or connect with us for a free digital copy, we are happy to send one! http://bitly.com/coliving-code ************ ************ ---- This show is a passion project of Christine McDannell, the Co-founder of Kndrd, the first management software platform and global directory for Coliving. She is also the Founder of Kindred Quarters in California and published the first book on Coliving in 2018: The Coliving Code. One of the biggest problems plaguing modern society is real estate and social challenges. People are signing away their paychecks on rent and feeling increasingly isolated. Christine is on a personal mission to solve these problems through the CoLiving movement by helping redefine the term ‘housemate' with something meaningful, sustainable, and flexible on a global level. People now are choosing access over ownership and new real estate projects need to be built specifically for the way humans are now deciding to live together. These interviews feature experts in the field who share their own successes and journeys. Enjoy! ************ ---- ►How to best connect with Christine McDannell and learn more about Kndrd.io…. LinkedIn: https://www.linkedin.com/in/christinemcdannell Website: http://www.Kndrd.io Instagram: https://www.instagram.com/kndrd.io/ Twitter: https://twitter.com/kndrd_io iTunes: https://podcasts.apple.com/us/podcast/the-coliving-code-podcast/id1430085681 All Things Coliving: https://www.instagram.com/all.things.coliving/ ************ ► Subscribe to Our Channel: https://goo.gl/zyfWoF ◄