HomeRoom YC-Bewerbung

Winter 2022Acquired

HomeRoom durchlief Y Combinator im Winter 2022-Batch als ein Real Estate and Construction-Unternehmen. Unten: Was das Unternehmen tut, wer es gegründet hat und seine Bewerbung bei YC, Frage für Frage im echten YC-Formular rekonstruiert.

YC-Batch: Winter 2022
Branche: Real Estate and ConstructionHousing and Real Estate
Teamgröße: 25
Status: Acquired
Gestartet: 2022

Gründer

Johnny WolffFounder
Thomas HornbeckFounder

Was HomeRoom tut

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.

HomeRooms YC-Bewerbung, rekonstruiert

Y Combinator Bewerbung

HomeRoom, Winter 2022 Batch. Die echten Fragen des Antrags, beantwortet aus öffentlichen Daten.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

HomeRoom

Describe what your company does in 50 characters or less.

We rent property by the room, increasing rent 50%.

What is your company going to make? Please describe your product and what it does or will do.

We help property investors buy and renovate homes in cities where affordable shared housing is scarce. Our platform manages everything from sourcing properties to vetting tenants and collecting rent by the room. This splits a single home into multiple rentals, boosting investor returns and offering affordable rents for young renters.

Where do you live now, and where would the company be based after YC?

We live in San Jose, CA, and the company is based in San Jose with remote team members.

Explain your decision regarding location.

San Jose is where we are based because it's home for us, but our product serves multiple cities across the US with affordable housing shortages.

21 weitere Antworten in der vollständigen Bewerbung

Founders, Progress, Idea, Equity, Curious, Batch Preference sind in der Vollversion. Erstelle ein kostenloses Konto, um es in YC Insights neben jedem anderen YC-Batch zu öffnen.

Vollständige Bewerbung anzeigen

Häufig gestellte Fragen

Ist das die echte YC-Bewerbung von HomeRoom?

Nein. Y Combinator hält eingereichte Bewerbungen privat. Dies ist eine Rekonstruktion: die echten Fragen des YC-Formulars, beantwortet aus den öffentlichen Daten von HomeRoom (Veröffentlichungsnotizen, Gründerhintergründe, Produktbeschreibung). Sie zeigt, wie sich ein Unternehmen wie HomeRoom bei YC präsentieren würde, nicht den Text, den sie eingereicht haben.

In welchem YC-Batch war HomeRoom?

HomeRoom war Teil des Y Combinator Winter 2022-Batches.

Wer hat HomeRoom gegründet?

HomeRoom wurde von Johnny Wolff, Thomas Hornbeck gegründet.

Was macht HomeRoom?

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

Wie lese ich die vollständige, rekonstruierte Bewerbung?

Erstelle ein kostenloses Round Funded Konto. Die vollständige 26-Antwort-Version der Bewerbung von HomeRoom, und jede andere YC-Kohorte, findest du in YC Insights.