We believe that affordable housing shouldn’t be a barrier to building your life. We’re here to change the world. One room at a time – PadSplit
Founded in 2017, PadSplit offers real estate investors a unique opportunity to capitalize on their investments by opening the doors to a win-win strategy for their single family homes and residents looking for flexible, furnished rooms to rent. They also have an amazing calculator to determine your properties return with PadSplit. PadSplit is the nation’s leading platform to drive room rental traffic to their website for your property. They take care of the applications, screening, guest communications and move-ins to include a dashboard to easily view your guests, income, expenses and maintenance! Check out their website for pricing to become a host!
Here at Out Fast Property Management we’re taking part in this process by actively investing in PadSplit homes and professionally managing them too! Never before has the property management industry embarked on the journey of building the process and infrastructure to operate and manage room rentals, until now!
PRICING & RESPONSIBILITIES
We like to keep it simple.
- We charge a flat $50 per room each month.
- Maintenance expenses are covered by the owner but coordinated by OFPM.
- OFPM will maintain a cash reserve on each property for ease of vendor payments.