PadSplit

In this conversation with Vendor Alley's Greg Robertson, PadSplit Founder Atticus LeBlanc traces the company's journey from a single prototype house to 33,000 beds across the country and makes the case that room-by-room rentals aren't a workaround but a model.

Fixing Home Affordability One Room at a Time With Atticus LeBlanc of PadSplit - Vendor Alley The Listing Bits Podcast is now available on your favorite podcast player! Overview Greg Robertson sits down with Atticus LeBlanc, founder and CEO of PadSplit, to discuss the affordable housing crisis and how room-by-room rentals can create housing opportunities for people who are priced out of trad...

A lot of investors write off rent-by-the-room before they ever look at the numbers.

But the reality? Flexible housing demand is growing, and more hosts are using rent-by-the-room models to increase cash flow, reduce vacancy risk, and make better use of their properties.

If you’ve ever been curious about PadSplit, this carousel breaks down 3 common concerns property owners have about renting by the room.

🏡Comment “HOST” to learn more.

Most landlords add more doors to grow their businesses. Jarred did the opposite.

Fewer properties, stronger returns, and a PadSplit in Tampa averaging $90,000+/year, a 5.0-star rating, and a member who's still there nearly four years later.

In this post, he breaks down exactly how he operates it day to day.

Four years. 100% PadSplit occupancy. Here's how. Jarred shares how he keeps every single one of his PadSplit rooms filled year-round, and what operating a PadSplit really looks like.

PadSplit was recently featured in an article highlighting how people are affording life in today's most expensive cities. Coliving was cited as one of the smartest housing hacks available, offering private, furnished rooms at a fraction of the cost of traditional rentals.

We're proud to be part of the solution for people who want to live in the cities they love—without being priced out.

Read the full article here: https://www.msn.com/en-us/money/news/cost-of-living-survival-tips-how-to-afford-life-in-expensive-cities-without-losing-it/ar-AA1IJcso?ocid=finance-verthp-feeds

Cost of living survival tips - how to afford life in expensive cities (without losing it) Affording life in big cities. How to cut costs in big cities.

Host Atticus LeBlanc, founder and CEO of PadSplit, interviews Azubuike Akunne, a former PadSplit member in Houston and now founder of NeuBite and nonprofit AveNeu. Azubuike shares about his background before working at a transportation technology company in Houston and choosing PadSplit for flexibility, affordability, and the experience of shared living. He describes clean homes, clear rules, maturity among members, navigating conflicts, including a suspected white supremacist roommate, and practicing “ego death.”

Now back in Columbus, he helped renovate his mother’s duplex into an Airbnb, then shifted part and eventually plans to shift all to PadSplit, contrasting Airbnb’s seasonality and guest expectations with PadSplit’s vetting and consistency. He explains NeuBite’s SNAP EBT-enabled vending approach and goals to expand food access nationwide.

🎧Listen now at https://bit.ly/4tTjkjv