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Updated 10 months ago, 03/02/2024

User Stats

123
Posts
76
Votes
Jarrod Ochsenbein
Pro Member
  • Rental Property Investor
  • Oregon/Arizona
76
Votes |
123
Posts

Arizona Market Alternative

Jarrod Ochsenbein
Pro Member
  • Rental Property Investor
  • Oregon/Arizona
Posted

     For those that are interested in the rent by room model you may have heard the news.  Padsplit started up in Arizona at the beginning of 2023.

Co-living or rent by room is not new to Arizona.  Several investors have houses there and rent by the room, but I decided to try it out.  I have one property there and so far it is great. I am looking for a few more to add rooms to and get them up and running.  I have enough capital to do 3 or maybe 4 more and then I am out of funds.  In the future I would love to network with those interested and show my books to see what they think.

As of this post AZ Padsplit states they have:

294 active units

77 upcoming units

Demand    12,104 searches in the past 30 days



Happy investing - Jarrod

Note: I live in Oregon, house with actual real green grass, but invest in Arizona. :)

  • Jarrod Ochsenbein
  • Loading replies...