Aplicación YC de HomeRoom

Winter 2022Acquired

HomeRoom pasó por Y Combinator en el batch Winter 2022 como una empresa de Real Estate and Construction. Abajo: qué hace la empresa, quién la fundó y su aplicación a YC, reconstruida pregunta por pregunta en el formulario real de YC.

Batch YC: Winter 2022
Industria: Real Estate and ConstructionHousing and Real Estate
Tamaño del equipo: 25
Estado: Acquired
Lanzado: 2022

Fundadores

Johnny WolffFounder
Thomas HornbeckFounder

Lo que hace HomeRoom

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.

Aplicación YC de HomeRoom, reconstruida

Solicitud de Y Combinator

HomeRoom, batch Winter 2022. Las preguntas reales del formulario, respondidas con datos públicos.

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 respuestas más en la aplicación completa

están en la versión completa. Crea una cuenta gratuita para abrirla en YC Insights, junto a cada otro batch de YC.

Ver aplicación completa

Preguntas Frecuentes

¿Es esta la aplicación YC real de HomeRoom?

No. Y Combinator mantiene privadas las aplicaciones enviadas. Esta es una reconstrucción: las preguntas reales del formulario de YC, respondidas a partir de los datos públicos de HomeRoom (notas de lanzamiento, antecedentes de fundadores, descripción del producto). Muestra cómo una empresa como HomeRoom se presentaría a YC, no el texto que enviaron.

¿En qué batch de YC estuvo HomeRoom?

HomeRoom formó parte del batch Winter 2022 de Y Combinator.

¿Quién fundó HomeRoom?

HomeRoom fue fundado por Johnny Wolff, Thomas Hornbeck.

¿A qué se dedica HomeRoom?

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

¿Cómo leo la aplicación completa reconstruida?

Crea una cuenta gratuita de Round Funded. La versión completa de 26 respuestas de la aplicación de HomeRoom, y de cada otro batch de YC, está en YC Insights.