How to Host Rooms for Rent

If you don’t already own a PadSplit, the first step is narrowing down where you want to buy. Learn more about picking the best location for your PadSplit.  

There are multiple factors to consider when selecting a PadSplit property. A PadSplit should fit in and resemble any other house or apartment in its neighborhood. Visit our Host Resource Hub for more

Yes! You will need to complete the same background screening that member’s complete, including background screening. Check out the FAQ for Hosts of owner-occupied homes for more information.

Our Host Resource Hub is full of dedicated resources to help prospective Hosts during the renovation phase of their Host journey. If you still have questions during the process, you can reach out to y

PadSplit recommends adding these important features in order to optimize the success of your property.    Smart Lock By installing a smart lock, Members can move themselves into your property even if

Most Hosts rely on a general contractor (GC) to renovate the property and get it ready to PadSplit. We highly recommend partnering with licensed GCs in your area with a strong track record. Another op

The answer to this question varies depending on the property’s size and condition. It is advisable to budget about $1,000 per bedroom for furnishing and staging. Keep in mind the other renovations tha

In general, there are 3 phases a property must complete before it can be listed on PadSplit: pre-renovation, conversion and listing preparation. Within each phase, there are tasks that must be complet

PadSplit homes require much of the same maintenance that a traditional rental investment needs, though often at a higher frequency.    The work is both preventative (such as changing HVAC air filters)

It is always possible for a Host to own and operate their PadSplit properties. Nevertheless, most PadSplit properties are operated by a third-party property manager. Keep in mind that property manager

Below, please find three common models to consider as you structure your arrangements: Description Manager charges a either a flat fee or fixed percentage of revenue monthly (usually 8-15%) Ma

Our best Hosts think about Member move-ins before they even list their home. Put yourself in the shoes of a PadSplit Member. He or she just paid their hard-earned money to move into your property, pur

PadSplit recommends printing and laminating this set of posters to hang up in every home. These posters help reinforce the rules, promote cleanliness and protect your property. Please see our guide be

PadSplits should be designed and furnished to feel like home. The furnishings should be comfortable and meet the needs of Members. Please keep in mind that Members are not permitted to bring large pie

PadSplit places a strong emphasis on convenience and efficiency for both Members and Hosts. It is important to keep in mind that Members are not permitted to visit the home before move-in. It is impor

Unlike a traditional rental, utilities are included in the price paid by members. Hosts must ensure that the utilities are turned on and paid prior to listing the property. This process may take as lo

It’s best to budget a few hundred dollars for staging items and finishing touches after renovation is complete as a few minor additions can go a long way. Hire a professional real estate photographer

Now you have more flexibility on setting up your team through the PadSplit dashboard. You can assign a) owner/operator tags b) roles and c) communications preferences per property so we can send the r

Make sure you have created your Host account. On the homepage of padsplit.com, click the “get started” button and select “become a Host”. Enter your information and confirm that your account has bee

During the listing process, you will be asked to draft custom move-in instructions for your property. PadSplit will email these instructions (along with lock instructions*) to a Member on the day of t

You can set the number of parking spaces during Property Onboarding and edit this at a later time. Figure out how many available spots you have at the property and determine whether there is any stree

The quality of PadSplit homes is of the utmost importance. Hosts may go onto padsplit.com and submit a listing without speaking to a PadSplit team member. However, during the property listing, a prop

There are many ways to improve your ranking.  Your ranking is a direct reflection of how Members feel about your property (see What is Member House Score). To maintain a good ranking, try to: Provide

At PadSplit we are problem-solvers, looking to solve the affordable housing crisis – one room at a time. We believe everyone deserves the opportunity to access safe, clean housing options. Our Members

What is Member House Score? Your House Score, measures how satisfied your Members are with their experience. The score is measured 1-5, with 5 being the highest.  What does the question look like to M

The bulk of cleaning responsibilities fall on the members--it is simply uneconomical to provide cleaning services for distributed properties frequently enough. That said, we recommend the provision of

You must conduct a quality assurance check while members are living in the PadSplit. What is it?  An in-person, twice-monthly walkthrough of the property, including member’s rooms An opportunity to p

As a host, you can decide to enable “Enhanced Screening” on a per-property basis. This screening considers additional criteria about a prospective member that helps identify potential risk in a member

How it works: Hosts can turn on booking approvals for any given property either during property onboarding or from the property list in their host dashboard.  If this feature is enabled for your prop

Move-in day is an important day for both Members and Hosts! As a Host, it is your responsibility to triage any move-in issues.If something goes wrong during a Member's move-in or if a Member just like

At PadSplit, we are actively working on features to give you insights into Members’ experiences in your home. Currently, we are showing information around Member move-in ratings. Go to the Performance

PadSplit will send Hosts an email notification when a room in their home is booked. The move-in day will generally be at least 48 hours in the future, giving the Host plenty of time to complete the ne

Members and Hosts can communicate directly with each other through the PadSplit messenger. The messenger opens as soon as a Member makes a booking request or has a move-in date scheduled (instant book

Each PadSplit Member has a score based on ratings from Hosts and other Members in their home. A Member’s score is an important part of their PadSplit identity. When should I rate a Member? Hosts shoul

PadSplit Hosts own and operate the homes on the PadSplit platform. As such, PadSplit Hosts have the ability to provide a “notice to vacate” to any Member at any time.  How Does a “Notice to Vacate” Wo

As of August 2023 PadSplit has replaced its 3 Keys Policy with a new comprehensive system for ensuring the happiness and safety of the PadSplit community. All PadSplit Members must adhere to the Membe

PadSplit is a community of shared responsibilities where each Member pledges to abide by the Membership Rules. In order to ensure the happiness and safety of the entire PadSplit community, PadSplit re

PadSplit uses a “10 days + 8%” fee model. Any time a Member moves in, we keep a booking fee, or 100% of the first 10 days of their stay. After that, PadSplit takes 8% of all transactions.    What if

When a PadSplit Member is terminated, they are required to move out of the property. Additionally, their payment portal is closed immediately, preventing them from making any further payments. This is

In this article, we will give an overview of how Member financials work.   What payment options are Members given at booking?  Members can choose their Dues Day (day of the week their payment is due)

Everyone needs a hand every once in awhile, and we’ve found that a bit of help can go a long way towards increasing Member tenure and preventing a costly eviction.  A Member will always be placed in o

There are multiple ways to understand the financial situation of a Member. We highly recommend reviewing the 'Members tab' on your dashboard. On this tab, a Host can filter Members by financial status

To help us ensure the happiness and safety of the entire PadSplit community, all Members are required to adhere to the Membership Rules. Violations of these rules are subject to the Member Behavior Ma

Hosts can set or change the waste pick-up days for a property on their Host Dashboard. To do so, go to the Properties details page and scroll to the section “Waste pickup day.” Click on “edit pickup d

Hosts can set a lock access code for Members through their Host dashboard. Scroll to the section “Devices” on the Properties details page. Select “Add a device” and input the type and location of the

Hosts can send a message to all Members in a single house or multiple houses at once. Go to your messenger and click “House Message”. You’ll be able to select which properties you want to send the mes

There are a few views that Hosts can use to access financial information: Earnings Tab (Aggregate finances, sorted by pay period) Click the Earnings tab on your Host Dashboard to view a breakdown of

1. How The Program Works PadSplit has a referral program that lets users invite their friends, family, and professional contacts to join as hosts or investors. If your referral meets the requirements

Dedicated Host support is available Monday through Friday from 9am to 8pm EST. We can be reached via the following methods: By calling (770) 373-7863 (follow the prompts for the Host line) Via email

Members pay electronically on the PadSplit site using credit, debit, or bank transfer. At no point should PadSplit members be asked to pay outside of the platform, and any such request will result in

Have questions about Hosting with PadSplit? We've outlined some common topics below. Want more information? Attend one of our webinars or local meet-ups. Email sales@padsplit.com for more information.

PadSplit, Hosts and Members share in the responsibilities needed to keep our community running smoothly. Please refer to the chart below to see what PadSplit, Hosts and Members are responsible for.  

Have questions about setting up your PadSplit? Our Host Resource Hub is full of dedicated resources to help prospective Hosts during the property selection, renovation, and optimization phases of thei

PadSplit helps investors leverage under-utilized space in their existing properties, making them more profitable and more affordable for community Members. Owners who manage properties through PadSpli

PadSplit is the country’s largest co-living marketplace that provides housing specifically designed for the workforce. We believe it’s possible to do well AND do good at the same time. Our award-winni

Have you listed a new home that you would like to do some local marketing on? Try out our Property Fliers feature Tutorial: See Here How it works: Go to ‘Manage>Properties’ and select the property

Room Price Drop Promo feature is an excellent way to give your properties a bit of a push when facing seasonal challenges in booking. Instead of dropping the room price permanently, the host can choos

Hosts can enable the “coming soon” feature for a property when they begin the listing process. Properties that are “coming soon” are shown on the property map to prospective and current Members. Membe

PadSplit aims to serve our Member and Host communities by making rooms easy to find and book on our site. In other words, we want your room booked just as much as you do! As such, we are constantly re

Our Members pick where they live based on the same factors as anyone else: location, price and amenities. To increase the chances that a Member will book a room in your PadSplit, explore the booking s

Because utilities are included in a Member’s weekly rate, Hosts are encouraged to estimate monthly bills and increase the efficiency of the home before listing on PadSplit. Occasionally, even the best

Many PadSplit Hosts choose to utilize the RemoteLock platform and brand of locks. Using RemoteLock with PadSplit allows your lock codes to be updated automatically when members move in and out, reduci

PadSplit Hosts are responsible for completing all maintenance requests in a timely manner.  Below are generalized response time guidelines for maintenance requests.  Examples of Emergency Maintenance

Due to emergency damage or incidents, PadSplit reserves the right to inactivate any rooms or homes that may have become unsafe or otherwise uninhabitable.    After the necessary repairs and remediatio

PadSplit provides a maintenance ticketing service that allows members to submit tickets directly to hosts. Our team works hard to work through and eliminate unnecessary tickets, but good judgement is