Are you a Real Estate Agent looking to maximize your client’s returns?
Join as a referral partner and earn up to $1,000 for every new Host that activates a property on PadSplit
Become a Referral Partner for PadSplit
PadSplit is a new and creative investment option for real estate investors. We’re a housing marketplace that connects property owners with residents seeking an affordable place to live. By leveraging under-utilized space in their existing properties to make it more profitable for them, we also create more affordable housing for community members.
Why become a referral partner
Increased returns
PadSplit Hosts see increased returns by 60% or more when they leverage under-utilized space in their existing properties.
Be the local expert
Demonstrate knowledge of a unique and valuable rental offering for your network.
Strengthen your community
Create more affordable housing options for community members while still doing well.
Make more money
Earn up to $1,000 for each new Host referral after their first move-in. No upper limit
Steps to becoming a referral partner
Step 1
Sign up as a referral partner
Set up your referral partner account to get your unique referral link.
Step 2
Promote PadSplit
Share your unique referral link with any client, investor, or community member who may be interested in PadSplit’s mission and model.
Step 3
Let us handle the rest
We take it from here. Our team handles all communication and onboarding. Once a host referral lists a qualified property, we’ll send you your reward (payouts occur quarterly)!
Common questions
What is PadSplit’s model?
PadSplit is a housing marketplace that connects property owners with residents seeking an affordable place to live. We help real estate investors leverage under-utilized space in their existing properties to make it more profitable for them and more affordable for community members, resulting in 90% occupancy and 60%+ better returns for Hosts.
Why and how does PadSplit’s model work?
PadSplit is an innovative shared-housing model that provides affordable units to our Members and higher returns for property owners. Simply put, we help property owners make money and do good in the community. PadSplit handles all Member management, including marketing the properties, screening applicants, collections, and resident disputes, and hosts avoid the constant cleanings and turnover of short-term rentals. Owners who manage properties through PadSplit have seen their profits increase by more than 60% and experience lower turnover rates thanks to our unique screening.
How long has PadSplit been around?
Founded in 2017 by Atticus LeBlanc, an affordable housing advocate and investor since 2008, PadSplit leverages housing as a vehicle for financial independence for low-income workers that serve our communities. By aligning incentives for workers, communities, cities, and real estate investors, PadSplit creates affordable housing units without the need for public subsidy.
What should I look for in a home if I find someone who wants to buy one for PadSplit?
A PadSplit should resemble any other house or apartment in its neighborhood. Relative to other rental investments, we advise Hosts to look for homes where additional bedrooms can be added in the existing floor plan. Additionally, look for an adequate number of bathrooms, low-maintenance yards, ample parking, and proximity to public transit and employment centers. Our team is happy to provide quality consultations for your clients during a property's due diligence period.
PadSplit’s not in my area yet. What should I do?
PadSplit is expanding into multiple markets, including Houston, San Antonio, Fort Worth, Tampa, New Orleans, Richmond, and more. Host interest often plays a role in driving our expansion, so we’d still love to meet your referrals.
What’s the referral reward?
We’ll send you the reward when the first PadSplit Member moves into your referral’s first property. Referrers will earn $1,000. The best part? There’s no upper limit, which means you can refer as many Hosts as you’d like.
PadSplit in the press
PadSplit launches shared housing option in Houston
Houston Chronicle
PadSplit, an Atlanta-based company focused on affordable housing near...
PadSplit uses the Airbnb model to tackle the...
TechCrunch
The United States is currently in the middle of an affordable housing crisis that’s...
Startup Targets Affordable Housing
The Wall Street Journal
PadSplit Inc., a startup that just raised a $10 million Series A led by Core Innovation...
Let us help you earn more money while strengthening your community.