We focus on homes that are priced between $250K-$350K. With a typical down payment of 15-20%, our investors normally pay between $75K-$125K out of pocket, including the initial make-ready and property setup costs.

Currently, HomeRoom targets Class A or B class properties in the Kansas City, Dallas-Fort Worth, San Antonio, Austin, Pittsburgh, Tampa and Indianapolis Metro areas, and our investors can expect 5% cash-on-cash returns and ~25% total ROI (assuming inflation level appreciation). With our (up to) 3-year lease offering, these returns are well-insulated from variability, except any unexpected repair costs that exceed the generous repair assumptions already included in these calculations.

• At the end of the lease HomeRoom guarantees to send renewal offers to ALL properties

• Investor can renew, opt out, or opt to sell with our help (for reduced brokerage fees) or through an agent of your choice

  • Should you desire to opt out – we are happy to connect you to one of many local property managers that can help you set up your property as a standard rental

• If you sign a lease and want to sell mid-term lease, you can sell via the HomeRoom marketplace for reduced brokerage fees to one of the investors on our waiting list at any time for quick liquidity

Not you. Damage caused by the tenants will be covered by the member’s deposit, the their required renter’s insurance, or by the generous liability insurance policy that HomeRoom maintains.

One of the key advantages to having numerous intelligent adults living in our properties is that maintenance issues are flagged quickly. Catching items such as roof leaks, pest problems, or plumbing problems can save thousands by addressing them right away.

All maintenance items are reported to us and reviewed by our maintenance team within 4 hours. For small items we will make the repair, notify you, provide documentation and pictures, and bill your account. For larger items, we will contact you in advance and let you choose between a couple recommended options.