HomeRoom (YC Winter 2022)

TL;DR: HomeRoom is a Y Combinator Winter 2022 startup We Rent Your Property by the Room. You earn 50% more Rent., currently acquired with a team of 25.

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

YC ID
25396
YC Batch
Winter 2022
Status
Acquired
Team size
25
Industry
Real Estate and Construction, Housing and Real Estate
Tags
Machine Learning, Real Estate, Proptech
YC profile
https://www.ycombinator.com/companies/homeroom

Last verified:

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 inve…

Built by LemStudio

Building or buying SaaS? Try our founder tools →

Frequently asked questions

Is HomeRoom a YC (Y Combinator) company?

Yes. HomeRoom was funded by Y Combinator in the Winter 2022 batch. We Rent Your Property by the Room. You earn 50% more Rent.

What does HomeRoom do?

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-r…

What YC batch was HomeRoom in?

HomeRoom was part of Y Combinator's Winter 2022 batch.

How big is HomeRoom?

HomeRoom has a team of 25 people according to Y Combinator's directory.

Is HomeRoom still active?

HomeRoom is currently listed as Acquired with a team of 25 in Y Combinator's directory.

More YC Winter 2022 companies

More Real Estate and Construction YC startups

Explore related YC hubs

Loading interactive view…