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Johnny Wolff

Founder, HomeRoom 


Join Date

October 2024

Gender

Not Specified

Age

Not Specified


About Johnny Wolff

I'm the CEO and Founder of HomeRoom Coliving – one of the fastest-growing coliving companies in the United States. After starting my career as a financial analyst in Silicon Valley I relocated to Austin, Texas to pursue real estate investing full-time. HomeRoom recently expanded to
Dallas and Austin, Texas. I still lives in one of HomeRoom’s
first coliving houses in Kansas City, and enjoys hanging out
and surviving the pandemic with my awesome roommates -
especially on chicken wing Thursdays

Companies & Work

HomeRoom

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.

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