Real Estate Investments With A Social Mission & Better Cash Returns
Knox has partnered with PadSplit to address the the need for affordable housing in the Atlanta Metro by optimizing rental properties for better returns without the additional oversight.
Knox Partners With PadSplit
PadSplit is a housing marketplace that connects property owners with pre-screened residents seeking an affordable place to live.
PadSplit helps real estate investors leverage under-utilized space in their existing properties to make it more profitable for them and more affordable for community members. Knox Financial now makes it even easier for new hosts to on-board or renovate property for the PadSplit platform as a fully-integrated partner for all refinancing, insurance, bill pay, tax preparation, renovation, and property care needs.
Another Layer Of Frictionless Ownership
How It Works
- Making more money per square foot, while also doing more social good starts here. Whether you are an existing homeowner or a professional real estate investor, sign up with Knox Financial below to get your free property analysis and estimated returns as a PadSplit host. Our Property Wealth Advisors will review your investment goals, property data set, and forecasted returns as a co-living host or long-term rental property. The Knox and PadSplit team work in lockstep to deliver you a streamlined onboarding process to pull forward cashflow as soon as possible.
- A local Knox Property expert will conduct a 200 point inspection including recommended renovations to optimize revenue per square foot with the PadSplit network. If necessary, our team will bid out the recommended renovations and will work with local vendors to manage through completion.
- The PadSplit marketing team will activate your property with their member network to fill your property within weeks if not days. Their member success team will oversee local listings, payment processing, and any support requests to ensure your guests have an affordable and comfortable home.
- Market-beating investments should not come with a job. Knox and PadSplit are determined to deliver investors a healthy real estate portfolio, while both of our companies operate on success fees of rent collected. No mark ups, no upfront fees. Just more money for you, while doing more good.
A New Option For Landlords
- PadSplit will review your property after they receive your custom Knox Financial Property Analysis and share more about the PadSplit process as well as the member renting community.
- PadSplit will assure your property is ready for the platform. They can introduce you to contractors who will optimize your home for more space or refer you back to Knox to help with the renovation bidding process (if necessary).
- PadSplit will list your home on their co-living platform. They will advertise your property to potential members and make sure they’re the right fit.
- PadSplit will run background checks, verify income, and employment.
- PadSplit will minimize vacancy costs and increase occupancy rates to provide a steady stream of income.
- PadSplit has a dedicated call center for resolving resident disputes – because they understand that’s the last call you want to field as a landlord.
- PadSplit will coordinate directly with Knox for any refinancing, insurance, bill pay, tax preparation, renovation, and property care needs.
- Prepare a custom property analysis analysis with our proprietary Knox Total Return Calculator
- Review refinancing opportunities with our preferred mortgage network
- Schedule a no-obligation call for you to speak with one of our Knox Property Wealth Advisors
- Review your custom analysis, financial goals, and property with you
- Discuss tax optimization taking into account renovation costs
- Discuss how to protect your investment with our preferred insurance carrier network
- Property care for scheduled or emergency work orders 24/7/365.
- You sit back, relax and let us do all the work for you.
The Knox Platform lowers costs, increases revenue, and finds new opportunities within your investment portfolio. Knox is incentivized to make your units perform better while taking the work of being a landlord off of your hands. Generate more steady income and better investment returns from your properties. You even have the option to add in an extra layer of Frictionless Ownership with Knox Rent Protection.
Floor plan of a “Before” and “After” Padsplit property.