EP 92 | Real Estate Power Play with Nick Bowers

Real Estate Power Play

In this episode of the Real Estate Power Play Podcast, hosted by Mark Monroe, Ronald Walker, Marty Grizzanti, and Gabe Rodarte. In this podcast episode, Mark introduces Nick Bowers, from PadSplit, a co-living company. They discuss how PadSplit offers a unique real estate investment model by converting single-family homes into shared housing for the workforce.
In addition, the Real Estate Power Play Podcast, presented by Mark Monroe, Ronald Walker, Marty Grizzanti, and Gabe Rodarte. Nick explains how they maximize square footage by converting common areas into additional bedrooms, increasing rental income. They provide a technology-driven platform that handles marketing, member screening, member management, payments, and collections.
In this episode of the Real Estate Power Play Podcast, hosted by Mark Monroe, Ronald Walker, Marty Grizzanti, and Gabe Rodarte. The target demographic for renting PadSplit rooms includes individuals making 30 to 50K annually, seeking affordable housing options. They highlight the benefits for investors, such as lower acquisition costs and higher rental income. The episode includes visuals of a converted house and furnished rooms. They also address the standard requirements for PadSplit rooms, including locks, egress, HVAC, and utilities. Learn more by listening to the episode!
On this episode of the Real Estate Power Play Podcast with Mark Monroe, Ronald Walker, Marty Grizzanti, and Gabe Rodarte talked about:

• Enabling Scalability For Investors
• Exploring The Financial Benefits Of Room Conversions
• Can Members Bring Their Own Ammeneties?

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Connect with Real Estate Power Play Podcast Hosts:
Facebook: https://bit.ly/3mMZcAi
Mark Monroe: https://linktr.ee/markmonroe
Ronald Walker: https://linktr.ee/Ronniewalker
Marty Grizzanti: http://linktr.ee/Mgrizzanti
Gabe Rodarte: https://linktr.ee/gaberodarte
Time Stamps

• 00:35 - Introduction
• 04:01 - What Is PadSplit?
• 09:03 - Who Is Renting From PadSplit?
• 10:21 - PadSplit's Investor-Tenant Synergy
• 12:30 - Maximizing Revenue through Single-Family Conversion
• 15:16 - Is Splitting Living Space for Bedrooms Profitable?
• 18:52 - Maximizing Space