336: Real Estate Investing in Current Environment with Johnny Wolff

Wealth Matters By Alpesh Parmar

Johnny Wolff is the CEO and Founder of HomeRoom Coliving – one of the fastest-growing coliving companies in the United States. After starting his career as a financial analyst in Silicon Valley (EA, SanDisk, Guidespark), he relocated to Austin, Texas to pursue real estate investing full-time. His love for real estate investing and living with roommates motivated him to start HomeRoom in 2017, after an unusually terrible Craigslist roommate experience. In 2020, HomeRoom boasted 99% on-time rent payments, full occupancy, and zero evictions. Sales velocity for HomeRoom is up 300% in 2021 with hundreds of happy residents across 23 cities in 3 states.

Powered by investor funds, HomeRoom recently expanded to Dallas and Austin, Texas. Johnny still lives in one of HomeRoom’s first coliving houses in Kansas City and enjoys hanging out and surviving the pandemic with his awesome roommates - especially on chicken wing Thursdays.

*DISCLAIMER - We are not giving any financial advice. Please DYOR*

(00:00 - 02:26) Opening Segment

- Johnny is introduced as the guest Hosts

- Johnny shares something interesting about himself

(02:26 - 26:02) Real Estate Investing in Current Environment

- Why investing in coliving properties is the future of the real estate market.

(26:02- 30:18) Fire Round

- Johnny shared if he would change his investment strategy

- Johnny also shares his favorite Finance, real estate book, or any related book

- Also Johnny shared about the website and tools that he can recommend

- Johnny's advice to beginner investors

- Also shared how he gives back

(30:18 - 31:14) Closing Segment

-If you want to learn more about the discussion, you can watch the podcast on⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Wealth Matter’s YouTube channel ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠and you can reach out to Alpesh using this ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠link⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.

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