CEO and Founder of HomeRoom Coliving. He is excited to partner with real estate investors to bring Coliving to the Midwest & Texas.

He has over a decade of real estate investment and remote property management experience from building and managing his personal real estate portfolios (currently located in Austin, Houston & Kansas City) – and love using that accumulated experience to find awesome properties for our investors.

(00:02 – 2:01) Opening Segment

– Introduction of the host into the show

– Alpesh introduces the guest of the show, Johnny

– Johnny shares something interesting about himself

 

(2:01 – 28:36) Corporate America to 100+ Rental Units

-What was your very first real estate investment

– How did that first investment work out for you?

– Is now a good time to invest in real estate? What do you think?

– What does HomeRoom do?

-How do you identify properties that will generate average returns?

-What kind of data does your data scientist look at?

-Can you share the number on one property let’s say Dallas, how it was acquired, what was the price paid, and what it’s rented now?

-Is there a minimum bedroom, bathroom size that you look for in a home, or if it’s not there you look into converting?

-Does the investor needs to deal with the contractors

-What does your property management or the coliving management fee

-What does that 15% include?
-How did you get this idea about HomeRoom? What was your journey?

-What kind of insurance requirement investors will have?

– Have you been through some horror stories?

-What kind of rules do you put in place? Are does rules similar for the Dallas market, to Austin, to Kansas City? or do you have to differentiate for another market?

-How does the contract between you and the landlord work? and how does it work between you and tenants?

-Are you looking into other markets other than these three markets you are in?

 

(28:36  – 29:05) Break

– Welcoming listeners and guest back to the show

 

(29:05 – 32:01) Fire Round

– Will Johnny change the business strategy after Coronavirus?

– Johnny’s favorite real estate, finance, or other related books

– Tools or website Johnny recommends

– How does Johnny give back?

– How can Wealth Matters Podcast listeners reach out to Johnny?

 

(32:01 – 32:22) Closing Segment

-If you want to learn more about the discussion, you can watch the podcast on Wealth Matter’s YouTube channel and you can reach out to Alpesh using this link.

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