Refer a Host for $1,000
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Become a PadSplit Host
Maximize your rental income and unlock the potential of shared housing with PadSplit. Offer secure, individual rooms, boost your property's revenue, and provide housing to essential workers.
PadSplit vs. Single Family Rentals
PadSplit hosts convert under-utilized space into additional bedrooms, increasing earnings while lowering the per room cost for members. The property below earns 2.5x more ($2534) as a PadSplit compared with a traditional rental. Learn how PadSplit compares to Airbnb.
Before
$1,649
Monthly rent
4 bed 3 bath
After
$4,183
Monthly rent
7 bed 3 bath
See income breakdown
Traditional rental*
PadSplit
Monthly Rent
$1,649**
$4,183
PadSplit Fee
$0
$502
Transaction fee
$0
$115
PM Fee
$165
$335
Utilities
$0
$565
Repairs and Maintenance
$125
$300
Taxes, Insurance, and Room Turns
$629
$475
*Assumed amounts based on market rates
**Zestimate rental minus vacancy allowance cost
Hosts in Atlanta, GA
earn on average $4649 a month
Calculate your earningsearn on average $4649 a month
Make more money, do more good
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.
Hosting with PadSplit is better and easier
Onboard a property
Sign up and you'll get the resources and tools to find and underwrite a property. A PadSplit expert will help you finalize pricing and get listed.
Get vetted booking requests
We advertise on Google, Facebook, and major housing sites, driving 200,000 unique searches. We also run identity, income, and eviction checks for you.
Stay in control of what’s happening in your home
For 5 years we've built software and tools that support shared housing (from application processing to maintenance to member communications to payments, and more).
Earn 2.5x more with PadSplit
Unlock the fullest potential earnings of your properties with PadSplit. We’ve built extensive tools and reports to track your finances within the platform. We’ve also created a seamless, easy way for our Members to pay on time.
Don’t take our word for it, take theirs
“Converting our short-term rentals to PadSplits was an easy and natural shift. The flexibility is key for our family with three kids under the age of five.”
Read their story
“The company’s mission to leverage housing as a vehicle for financial independence is a great one. The best thing about PadSplit is the cash flow, which has far and away been better pound-for-pound than anything else that I've experienced. It’s just fantastic.”
Read their story
“It’s not many times in business that you get to take your profit up 3x. While doing that, we’re creating affordable housing and allowing our workforce to live in the city and close to their jobs.”
Read their storyGet $1,000 for referring a host to PadSplit!
Earn $1,000 for every host that joins and lists a qualified property on our platform.
PadSplit in the news
PadSplit's Award-Winning Approach to Housing Solutions
Affordable Housing Solution of the Year
PropTech
Pacesetter Awards
Atlanta Business Chronicle
2021 Fire Awards
Atlanta Inno
Top 10 Innovative Technology Companies in Georgia
TAG
Fastest Growing Company in America
Inc. 5000
Common questions from Hosts
Why should I choose PadSplit instead of the traditional rental or Airbnb model?
There are seven reasons why investors choose PadSplit over Airbnb: earnings, time-to-revenue, regulatory risk, occupancy, tenure, identity screening, and community impact.
How does PadSplit screen Members?
We're looking for independent, responsible, and respectful Members who are ready to take ownership of their lives and willing to live in a shared community. All Members must undergo the same screening and identity verification processes and meet our approval criteria, including providing verification of their income or employment. Members also agree to Membership Rules and are eligible for fines and/or strikes if they violate a rule.
How should hosts furnish a PadSplit home?
PadSplits should look and feel like any property on their street, if not better. We recommend Hosts focus on three principles when furnishing a PadSplit:
- Make it shareable: While it may seem counterintuitive, many common areas can become a source of conflict and should be minimized or handled intentionally. Avoid soft surfaces on flooring and furnishings and common storage such as bookshelves.
- Make it efficient: We strongly recommend installing smart thermostats that lock and ensuring the property is well insulated. In an effort to minimize water consumption, install low-flow fixtures. Lastly, we recommend using LED bulbs in all light fixtures.
- Make it home: Inside the property, use simple artwork and decorations to make the home look inviting. Each bedroom should be furnished with a bed (full-sized or larger), mattress cover, end table, lamp, and built-in closet or armoire. We provide Hosts with a detailed guide, but many go above and the results reflect a product they’re proud to call their own.
What is PadSplit's occupancy rate?
On average, the occupancy rate is above 90%. Our team is happy to work with you during the property selection process and preparation process to ensure long-term success.
What is the average tenure of a PadSplit member?
The average tenure is eight months across all of our homes.
Still have questions?
Explore our help center, or call us at (770) 373-7863
Join our community and start hosting today
With simplified screening and management tools at your fingertips, renting got a whole lot easier.
