Real Estate exposure from $75,000
THE COLIVING FUND
A unique real estate investment opportunity
Customized real estate portfolios across 15 markets
9% cash yield + 18% IRR
Better neighborhoods, elegant houses & more rent
Optimized house selection and property underwriting
The CoLiving Fund is a joint venture of the best operators in the coliving industry; Padsplit + HomeRoom
Excellent Fund 1 multi-year track record – The coliving fund is targeting 9% cash returns and an 18% IRR. Led by a team of senior real estate executives with experience at Waypoint Homes, Invitation Homes, Mynd, Airbnb, and Blueground. Our team has managed in excess of 10,000 units throughout their careers.
The CoLiving Fund is backed by:
As featured in:
Start investing from $75,000
Frequently Asked Questions
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Returns are generally higher because the combined rents of rooms rented individually can be higher than typical rent an entire house.
Rents are more stable because each rental agreement is separate.
Coliving as a concept and demand has been growing rapidly.
Coliving is more affordable than an apartment. People need to live somewhere and if you can’t afford renting a room the next step might be moving back home. This is so unappealing that renters tend to be very good at paying consistently and on time.
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The fund invests in individual homes potentially in TX, KS, MO, and PA.
HReferenceomes are Leased to HomeRoom, who in turn subleases individual rooms to tenants. HomeRoom also markets rooms and manages the tenants, does repairs, community events, and has a mobile application which makes all this work.
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The current fund requires an investor to be an accredited investor and be US investor.
Must meet at least one of these categories:
a. Personal income in 2021 of 200,000
b. Joint income with spouse of 300,000
c. An individual or couple with a net worth exceeding $1 million, excluding the value of the primary residence.
d. Business entities worth over $5 million.
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$75,000
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You can work with HomeRoom, our servicer directly. Here is a direct link to them.
Some advantages of the fund are
a. Diversified holdings, rather than one property
b. Less risk of major repair affecting
derailing expected income and growth
c. Debt is in the fund’s name, not yours
d. Risk exposure of the property is limited to the investment and does not extend to other personal assets
e. Fund deals with the cash flow in with rents and out with debt payments rather than investor
f. HomeRoom manages the day to day operations of the properties: keeping them rented, dealing with repairs and problems
g. This becomes an easily scalable solution, whereas running the properties directly quickly has logistical challenges.
h. HomeRoom shares its mobile technology platform with us and its Coliving community activities for tenants.
i. You can work with HomeRoom, our servicer directly. Here is a direct link to www.livehomeroom.com
Potential Investment Opportunities
Midtown-Westport, Kansas City
This opportunity tracks the financial performance of 9 rental homes in and around the Indianapolis and Atlanta metropolitan areas, where home price appreciation has trended upward throughout 2020 and 2021, according to the Federal Housing Finance Agency.
Neighborhood rating |
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Number of properties |
7 |
Number of markets |
2 |
Deep Ellum, Dallas Fort Worth
This opportunity tracks the financial performance of 9 rental homes in and around the Indianapolis and Atlanta metropolitan areas, where home price appreciation has trended upward throughout 2020 and 2021, according to the Federal Housing Finance Agency.
Neighborhood rating |
|
Number of properties |
5 |
Number of markets |
1 |
Pflugerville, Austin TX
This opportunity tracks the financial performance of 9 rental homes in and around the Indianapolis and Atlanta metropolitan areas, where home price appreciation has trended upward throughout 2020 and 2021, according to the Federal Housing Finance Agency.
Neighborhood rating |
|
Number of properties |
6 |
Number of markets |
2 |