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October 19, 2024 33 mins

“There are many non-tech human interventions that happen behind the scenes that are complex, difficult, and often underestimated, which makes this business as challenging as it is.” In this conversation, Gui Perdrix sits down with Atticus LeBlanc, founder of PadSplit, a platform offering affordable and accessible coliving options across the United States. Since its founding in 2017, PadSplit has grown to over 10,000 units and has achieved profitability as a platform since the beginning of the year. The median income of PadSplit tenants is just under $30,000/year, highlighting PadSplit's commitment to providing housing solutions for low- to moderate-income workers who might otherwise not qualify for such housing. In this discussion, we dive into what PadSplit does, how the platform works, and explore crucial details like evictions and member ratings. As always, we wrap up with key insights for coliving founders looking to succeed in this space. Check out PadSplit at www.padsplit.com. We hope you find this conversation inspiring and insightful! If you have any suggestions for future guests, let us know in the comments below 🙂 - - - ⚡️ For more ways to grow your coliving business, consider joining the Coliving Incubator Program: https://www.artof.co/coliving-incubator The Artof.Co Incubator is a 12-month milestone-based program helping coliving entrepreneurs successfully conceptualize, build and operate sustainable coliving businesses. We will help you make the right decisions and learn best practices along the way of setting up and scaling your business, giving you access to masterminds, a community of peers, mentors, and a mile-stone based program with resources. 📙 And make sure to start with the Art of Coliving Book: https://www.artof.co/art-of-coliving-book Get insights, frameworks, and learnings from 200+ coliving entrepreneurs on how to create, launch, run, and scale a coliving space. This book has been written by interviewing coliving founders. It summarizes best practices in community building, real estate sourcing, financial models, marketing, architecture, and all other subjects related to building out your coliving business. #coliving #colivingspace #colivingbusiness #colivingentrepreneur #sharedliving #communityliving

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