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Updated 12 months ago on . Most recent reply

User Stats

124
Posts
77
Votes
Jarrod Ochsenbein
Pro Member
  • Rental Property Investor
  • Oregon/Arizona
77
Votes |
124
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
  • Most Popular Reply

    User Stats

    25
    Posts
    15
    Votes
    Aaron Arnold
    • Investor
    • Phoenix, AZ
    15
    Votes |
    25
    Posts
    Aaron Arnold
    • Investor
    • Phoenix, AZ
    Replied

    Hi Jarrod,


    I hope you are doing well! 

    I'm currently based in Phoenix, having originally moved from Washington State. In addition to my role in mortgage underwriting, I also own a duplex, which has significantly fueled my interest in the real estate sector. I'm on a continuous journey to expand my knowledge in this field and am keen on leveraging my background in finance and real estate investment to contribute to mutual growth. If there's any way I can assist you or if you're looking for collaboration in this domain, please feel free to reach out. I'm always open to sharing insights or exploring new opportunities.

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