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.
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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
To learn more go to livehomeroom.com
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