PadSplit Inc.
PadSplit Inc. operates an online coliving marketplace that connects property owners with renters seeking affordable, furnished rooms in shared homes, offering weekly, lease-free payments with no credit score or security deposit required. Founded in 2017 and headquartered in Atlanta, the company also provides resident screening and includes utilities and Wi-Fi in its room listings.www.padsplit.com
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Search complete. 7 mentions across 4 episodes found for "PadSplit Inc.".
Sep 2, 2026
EileenGUEST
Um, you know, that's sort of like the, the bread and butter of Burr.
EileenGUEST
Um, and then there's PadSplit, which I can talk to you about.
EileenGUEST
Um, PadSplit is basically one brand name, um, under like the co-living strategy of real estate investing.
EileenGUEST
So co-living is, um, uh, a setup where you rent each room by the room to an individual on a weekly basis.
EileenGUEST
And so I'll get into a little bit more exactly what that is, but I have several pad splits now, and I've been doing that for a little over two years and really, really love the cash flow.
EileenGUEST
The first reason is it increases your cash flow.
EileenGUEST
And the second reason is it is doing a small part to help with the affordability housing crisis that we're facing here all over the country, in particular, even rent apartments.
EileenGUEST
And so PadSplit basically was born out of this need for more people to have affordable safe housing, hence the idea of renting rooms to individuals by the week.
Patrick ChopsonGUEST
But right now, it's very hard.
Patrick ChopsonGUEST
But one thing that's really cool is this thing called PadSplit, which is another Atlanta startup where they rent out individual rooms inside of a bigger house or building.
Patrick ChopsonGUEST
And we're actually doing a project on Hosea Williams over in Kirkwood.
Patrick ChopsonGUEST
that has micro units that are 325 square feet, but they're priced such that like someone who's making $40,000 a year can actually have their own apartment.
Denny FairclothGUEST
But yeah, the three of us...
Denny FairclothGUEST
Someone from PadSplit walked into Real Estate Connections years ago.
Denny FairclothGUEST
Yeah.
Denny FairclothGUEST
Probably two or three years ago now.
speaker_2HOST
type of deal or a similar type of asset class, which is these co-living situations that are short term.
speaker_2HOST
We had the CEO of PadSplit, gentleman's name is Atticus on our show here.
speaker_2HOST
And they might do a PadSplit for a property near an airport, to give one example, right? So transient people in and out, you might have lots of people living in the same place.
speaker_2HOST
If folks are looking at more of a short term co-living situation versus, let's say, a year-to-year lease, do you have a perspective on who's going to be the right investor for something more short-term versus who's going to be the right investor for something long-term, year-to-year lease?
Kyler KeelGUEST
If you do short-term, you need to get ready for a lot of footwork.