Candidature YC de HomeRoom

Winter 2022Acquired

HomeRoom a été sélectionné par Y Combinator dans le cadre du batch Winter 2022 en tant qu'entreprise Real Estate and Construction. Ci-dessous : ce que fait l'entreprise, qui l'a fondée, et sa candidature à YC, reconstruite question par question dans le vrai formulaire YC.

Batch YC: Winter 2022
Secteur d'activité: Real Estate and ConstructionHousing and Real Estate
Taille de l'équipe: 25
Statut: Acquired
Lancé: 2022

Fondateurs

Johnny WolffFounder
Thomas HornbeckFounder

Ce que fait 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.

Candidature YC de HomeRoom, reconstruite

Candidature Y Combinator

HomeRoom, promotion Winter 2022. Les vraies questions de candidature, répondues à partir de données publiques.

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 réponses supplémentaires dans la candidature complète

se trouvent dans la version complète. Créez un compte gratuit pour l'ouvrir dans YC Insights, à côté de tous les autres batches YC.

Voir la candidature complète

Questions fréquemment posées

Est-ce la vraie candidature YC de HomeRoom ?

Non. Y Combinator garde les candidatures soumises privées. Ceci est une reconstruction : les vraies questions du formulaire YC, répondues à partir des données publiques de HomeRoom (notes de lancement, parcours des fondateurs, description du produit). Cela montre comment une entreprise comme HomeRoom se présenterait à YC, pas le texte qu'ils ont soumis.

À quel batch YC HomeRoom appartenait-il ?

HomeRoom faisait partie du batch Winter 2022 de Y Combinator.

Qui a fondé HomeRoom ?

HomeRoom a été fondé par Johnny Wolff, Thomas Hornbeck.

Que fait HomeRoom ?

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

Comment lire la candidature complète reconstruite ?

Créez un compte Round Funded gratuit. La version complète de la candidature de HomeRoom en 26 réponses, et de chaque autre promotion YC, se trouve dans YC Insights.