PadSplit reposted this
PadSplit | Empowering real estate investors to earn x2-x3 on their rentals and provide a better coliving experience for their community.
The team at Simple Sell Jax is doing PadSplit big. We’re talking 5,400 sq ft mansion-style big. Featuring large spacious rooms with tall ceilings and convenient living in the north side of #jacksonville. Here are five reasons why this property will thrive as a PadSplit: 1️⃣ **Affordability**: PadSplit offers lower-cost housing solutions, making it more affordable compared to traditional renting options. This is especially beneficial in Jacksonville, where housing costs can be a significant portion of one’s budget. 2️⃣ **Flexibility**: PadSplit provides flexible leasing terms, allowing members to rent rooms on a weekly basis. This flexibility can be ideal for those with mid-term or uncertain housing needs. 3️⃣ **Profitability** - PadSplit is a buy and hold investment strategy that empowers investors with the ability to achieve profitability on a property that may otherwise not work as a long term rental nor short term rental. 4️⃣ **Convenient Locations**: PadSplit properties are often located in accessible areas close to public transportation, workplaces, and essential services, making daily commuting and errands more convenient for residents. 5️⃣ **Inclusive Utilities**: The cost of utilities (electricity, water, internet) is included in the weekly rent, simplifying budgeting for residents and eliminating the hassle of managing multiple bills. A very special thank you to Luis and Sam for opening their doors to the rest of the PadSplit community to share their knowledge and experience.
