Who is using Padsplit to house hack?

[Adelola Sokoya]

Hello everyone, 

New investor here, I like the idea of house hacking and am in the process of getting my first property to house hack.

However my fear has always been how to get folks to fill up the extra rooms especially trying to carry out background check on them. 

Then I stumbled on padsplit. Padsplit promise to take all the load of filling up the extra rooms and background checks and so many other intresting stuffs they mention on their website.

I just love to know if anyone has used or is using padsplit for house hacking and what their experience has been so far?

Thank you

[Brandon P.]

Quote from @Adelola Sokoya:

Hello everyone, 

New investor here, I like the idea of house hacking and am in the process of getting my first property to house hack.

However my fear has always been how to get folks to fill up the extra rooms especially trying to carry out background check on them. 

Then I stumbled on padsplit. Padsplit promise to take all the load of filling up the extra rooms and background checks and so many other intresting stuffs they mention on their website.

I just love to know if anyone has used or is using padsplit for house hacking and what their experience has been so far?

Thank you

For my first house hack, which I have been doing for 1 year now, I used turbo tenant for managing the background checks and room payments. I used roomies.com for finding and interviewing potential roommates, in person, before deciding the best fit. I do a month to month lease, allowing flexibility for both my wife and I, as well as the tenant. We have had the same tenants since the beginning, and this is solely because of our due diligence in choosing the right tenants and laying out the rules before anyone moved in, as well as getting signed documents. The more work you put in on the first few deals will create your own well oiled system to replicate down the road when you expand, if you choose to do so.

On the contrary, I have had a friend who keeps renting his room out on Airbnb and keeps getting subpar tenants that he is not pleased with. These software and apps promise a lot, but do not do the due diligence that only you can provide for a good experience.

Best,

Brandon