Coliving isn’t just a niche strategy anymore—it’s one of the fastest-growing approaches in real estate investing. PadSplit hosts across the country are discovering that shared housing can deliver higher yields for property owners while making a meaningful impact on the affordable housing crisis. But even with a strong strategy in place, one challenge remains: finding affordable investment properties that can generate long-term wealth.
That’s where New Western comes in.
A reliable source for investment properties
New Western is the nation’s largest real estate investment marketplace, connecting over 250,000 investors to a pipeline of homes ready for rehabilitation. The company purchases a property every 13 minutes—making it the largest private source of value-add inventory and the largest homebuyer in the country.
For PadSplit hosts, this means reliable access to distressed properties that can be transformed into thriving coliving spaces. Instead of competing for limited listings on the MLS or trying to find off-market properties, hosts gain entry into a marketplace designed specifically for real estate investors who want to add value and maximize returns.
Simply put: if you’re serious about building your PadSplit portfolio and scaling your real estate investment opportunities, New Western is a top resource.
Off-market single-family properties
One of New Western‘s most significant advantages is its access to off-market single-family homes—properties you won’t find on the MLS. These range from light cosmetic updates to full overhauls, making them ideal for all real estate investors, from first-time flippers to seasoned rehabbers.
With locally licensed agents delivering value-add properties directly to investors, New Western helps streamline the acquisitions process. Instead of chasing down scattered leads, PadSplit hosts can quickly identify the right investment property and focus on what matters most—building high-performing coliving homes.
About New Western
Founded with a mission to create opportunity for all, New Western has long been the leading marketplace of the real estate investment community. The company delivers exclusive off-market deals, enabling you to build your portfolio with value-add properties, turning them into fresh, affordable housing inventory that benefits both investors and communities.
- Scale & Reach: A home is purchased every 13 minutes across 40 major U.S. markets
- Exclusivity: Access to off-market properties you won’t find anywhere else
- Expertise: In business since 2008, helping investors reach their goals
By making investment opportunities more accessible, New Western empowers everyday investors to participate in meaningful community transformation—the kind of impact PadSplit hosts value.
A clear path from acquisition to exit
PadSplit and New Western’s partnership creates a streamlined journey for investors:
- Acquire: Find your next investment property through New Western’s exclusive marketplace.
- Rehab: Bring the property up to coliving standards with targeted improvements.
- Convert: Use PadSplit’s proven platform to launch your coliving home.
- Earn: Achieve up to 2X the yield of a traditional single-family rental while helping solve America’s housing affordability crisis.
As Adam Kolojejchick-Kotch, Chief Growth Officer at PadSplit, explains: “Through this partnership, we’re creating a clear path from acquisition to exit: investors can move from fix-and-flip or traditional fix-and-hold models to a coliving strategy that delivers 2X current SFR yield. With New Western’s scale and PadSplit’s platform, we’re making it easier than ever for investors to succeed while doing good.”
How to get started with New Western
- Step 1: Create your free account at newwestern.com.
- Step 2: Connect with a local New Western agent to unlock exclusive off-market deals.
- Step 3: Identify and purchase your next investment property.
- Step 4: Partner with PadSplit to turn that property into a high-performing coliving home.
With this partnership, there’s now a clear pathway from property search to profitable coliving investment.
PadSplit is redefining what affordable housing can look like, while New Western is making it easier than ever to find properties to fuel that mission. Together, we’re equipping investors with the tools they need to build wealth, grow portfolios, and make a lasting impact.
Ready to find your next PadSplit property?
Start your journey today at padsplit.com/newwestern.
