All Forum Posts by: Phillip Rogers

@Angelica Lopez

10+ years of SF investing and lots of experience with section 8 in the Atlanta market.

The best approach to evaluating this opportunity is to assume your tenant leaves a month after you close on the duplex. Whether this is probable with a section 8 tenant or not, viewing the transaction from this perspective makes you re-evaluate what you’re REALLY buying. Is the property in a condition to easily attract a open market tenant? What is the comparable rent rate if you go non-section 8 and do the numbers still work? How easily can you replace the section 8 tenant with another? Have you gone through owner training with the housing authority to quickly replace a section 8 tenant? Etc.....

The best thing you have going for you is you’re curious and not afraid to ask questions before jumping into a transaction. Good for you!!!

Happy to offer additional help or answer any specific questions.

Atticus LeBlanc discusses his successes, insights and learnings working as a vendor for shared housing property owners in Atlanta, Houston and Richmond. 

This is my first of many posts on BG about the wonderful company I joined May 2020. I love this company's mission, the people and it's dedication to creating a sustainable(profitable) solution to affordable housing. Stay tuned for more posts.

Check us out: PadSplit.com

Our CEO and Founder - Atticus LeBlanc: 

https://www.youtube.com/watch?v=K2KfmIMCBr0

@Michael B. Thanks you, Michael. Great info. What are the best communities for shared homes? What’s a good price point per room?

I’ll be in Houston in the next week or so. Would love to connect.

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