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Podcast: Financial Survival Network
Episode: Monetize Your Roommates -- Johnny Wolff #5805
Description: Johnny Wolff of www.livehomeroom.com discussed his business, which provides investors a means of renting out homes by the room rather than by the entire home. He explained that this can result in up to 50% more rent and that the average tenancy length is 16 months. He also discussed the key demographic of 18-35 year olds, who are looking for a more flexible and social way to live that is also more affordable. He also discussed the services they provide, such as roommate screening, judgment searches, evictions, and criminal record searches. Johnny's site: https://LiveHomeRoom.com