Padsplit: Do Good and do Well: Doubling Average NOI in Affordable Housing
Cliff Johnson, President of Padsplit, will explain how the company is updating the age- old model of co-living to help solve the affordable housing crisis. With an impression collection rate of 97.5% and low eviction rates, Padsplit is finding ways to create affordable housing solutions that are a win for tenants and for investors, who make 2x NOI on average with Padsplit over traditional rentals. Johnson will be joined by real estate investor and Padsplit client Wilfred Yeung who will explain how he has used Padsplit's platform to scale his real estate investment business."