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HomeRoom

HomeRoom Logo

We Rent Your Property by the Room. You earn 50% more Rent. 


Year Founded

2018

Company Size

11 - 50 People

Funding Raised

Not Specified

Email

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Instagram

Not Specified


About HomeRoom

Homeroom helps investors provide affordable housing while making a 22% ROI.

We do this by sourcing properties, arranging capital, managing construction, vetting tenants and collecting rent by the room. To date, Homeroom has brought on 85 property investors, growing 6X annually, are bringing in 420K in annualized net-revenue

How it works:
We help investors buy homes in cities that are attractive to young people, but lack affordable housing options. We then renovate and after about 20 days, the home is ready and we find qualified renters by the room.

We launched in 2018 in Kansas City with 1 home. We now have 105 homes in 31 cities. In 2021, we grew rental GMV to $1.8M (300% YoY growth). Our average rent across every property is $458, which is about 50% lower than market comps, and our investors see returns up to 50% higher.

We are HomeRoom. Johnny is the financial analyst/domain expert. Thomas is a cereal entrepreneur with a PHD in ML, and Mike hacked growth for Airbnb and Facebook.

Profile ID: #327326


Latest Jobs

Head of Legal

San Jose, CA

Full Time

$150000 - $175000 yearly


Founders & Leadership

Thomas Hornbeck

Thomas Hornbeck

Co-founder of HomeRoom

Johnny Wolff

Johnny Wolff

Co-founder of HomeRoom

Mike Tich

Mike Tich

Co-founder of HomeRoom


Financials Beta

Business Model: Not Specified

Revenues: Not Specified

Expenses: Not Specified

Debt: Request

Operating Status: Active

Funding Raised: $0

Investment Rounds: 0 Rounds

Funding Stage: Not Specified

Last Funding Date: Not Specified


Frequently Asked Questions

Who are HomeRoom's founders and individuals in key leadership positions?

HomeRoom has 3 founders and people in key management positions. They are:
  • Thomas Hornbeck
  • Johnny Wolff
  • Mike Tich
  • How long has HomeRoom been in business?

    HomeRoom was established in 2018 (5 years in business).

    Is HomeRoom currently hiring?

    Yes, HomeRoom is currently hiring for 11 job positions.

    Visit HomeRoom's Jobs Page to view a list of all open positions.

    Which country is HomeRoom headquartered in?

    HomeRoom is based in United States.

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