Is Houston a good market for shared housing (ie rent by room)?

[Phillip Rogers]

This not a solicitation, more a gauge of interest in the shared space model in Houston MSA:

My name is Phillip Rogers and I am the Head of Supply for an extraordinary company -- PadSplit. PadSplit's mission is to compassionately and profitably improve affordable housing options in major urban cores. Our Company has grown tremendously in Atlanta over the last 2 years, and we are excited to be launching in Houston and Richmond, VA in Q3.

Interested to know from this group:

Is renting by room common in Houston?

Where are most shared houses located in the city?

What areas should be avoided?

Thankful and interested in any feedback!!

Phillip

[Michael H.]

@Phillip Rogersgreat market, thats how I got started. But a 4 or 5 bedroom home in an older area of town. Advertise it properly and screen well and youll live for free without competing with other investors on the 2-4 units