The example contrasts a cramped room with rooms where people stay longer. Compare income after vacancy and turnover costs rather than choosing the layout with the largest theoretical rent total.
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PadSplit Room Strategy: Quality Over Quantity?
Squeezing in more PadSplit rooms can backfire if they're hard to fill or residents leave quickly. We discuss room size, furniture, and turnover.
Published · 1:07
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[00:00] And so here's the thing with these smaller rooms. >> You take what the house gives you first. I mean, if you have a room that's 80 square feet that's already part of the house, that's fine. You don't need to make it any bigger because you can price that one a little bit lower because
[00:12] you're going to have a working person who needs a clean house and a place to lay their bed and they don't need the bigger room, which you can charge more money and all the other amenities. They go, "Look, I just need a bed. I need a bathroom. We're good to go. Internet that you're all set." So, but um the
[00:28] larger rooms you'll get longer stays and it just seems like you know we have one house that it's six bedrooms and they have one small room and the owner insisted a queen-sized bed goes in that room and it just that's a house we have a guy there three and a half years but it's hard to keep someone in that other
[00:44] small tiny room for three and a half months. Yeah, they threw a big bed and small room and so but again, >> not every house is going to turn into a small room, but we want to try to get so squeezing as many rooms in as possible. When you're running the numbers, it makes sense. Hey, I can get two extra
[00:59] rooms. I can make extra money. But when you can't fill the rooms or they're constantly turning, then maybe really in the long term wasn't worth
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