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In this episode of the Behind the Doors podcast, Quentin Wendt, at PadSplit, discusses the company's innovative approach to affordable housing. PadSplit offers an online marketplace that connects investors with workforce members seeking affordable, fully furnished rooms for an average of $800/month. Focused on co-living, PadSplit serves tenants earning $45,000 or less annually. Quentin highlights the lucrative opportunities for investors to earn higher returns than traditional rentals by converting existing properties into multi-bedroom spaces. The episode also provides practical advice for investors, discusses property management challenges, and emphasizes the importance of creating a harmonious co-living environment.

Quentin Wendt is the Head of General Managers/Market Operations at PadSplit, a digital platform revolutionizing affordable housing through co-living. With over 15,000 rooms in operation, PadSplit provides workforce housing solutions by offering fully furnished rooms at an average rate of $800/month, including utilities. Quentin plays a key role in connecting investors and tenants, helping to create a profitable, sustainable marketplace. Under his leadership, PadSplit enables investors to achieve 2-3 times the revenue of traditional rental methods while ensuring tenant safety with background checks and income verification.

https://www.padsplit.com/