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Updated about 1 year ago on . Most recent reply

User Stats

124
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78
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Jarrod Ochsenbein
  • Rental Property Investor
  • Oregon/Arizona
78
Votes |
124
Posts

Started with a Co-living house Jan 1 2024. Filled 8 rooms in 12 days on Padsplit!

Jarrod Ochsenbein
  • Rental Property Investor
  • Oregon/Arizona
Posted

I don't post much, but had to post my January results doing a rent by room model for one month. I bought a 4 bedroom and turned it into an 8 bedroom. It went live and we filled it in 12 days. I had planned on 3 months of vacancy, so this was a very welcomed surprise! :) PITI = $2907

  • Jarrod Ochsenbein
  • Most Popular Reply

    User Stats

    1,611
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    1,707
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    Michael Dumler
    • Real Estate Agent
    • Atlanta, GA
    1,707
    Votes |
    1,611
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    Michael Dumler
    • Real Estate Agent
    • Atlanta, GA
    Replied

    @Jarrod Ochsenbein, Congratulations on launching your first PadSplit! Full occupancy in 12 days is outstanding. 

    I post about rent-by-the-room investments and PadSplit on the forums constantly. If anyone is interested in learning more about this unorthodox investment strategy, specifically in Atlanta, GA, I'd be happy to connect and chat. BRRRR rent-by-room is where things get interesting...

    @Kelly O'Keefe, the average stay in Atlanta is nine months. However, some of my client's PadSplits have housed members for years. 

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