The BetterLife Podcast: Wealth | Real Estate Investing | Life

Why Renting by the Room Is the Future of Real Estate | Ep 123 w/ Atticus LeBlanc

Feb 18, 2025

Atticus LeBlanc, Founder and CEO of PadSplit, shares his insights on transforming real estate with co-living solutions. He discusses how renting by the room can address affordability while fostering community support. Atticus recounts his shift from aspiring attorney to innovative entrepreneur during a financial crisis. The conversation reveals challenges in tenant management and highlights the benefits of efficient space utilization, preparing investors to navigate current economic shifts. It's an inspiring exploration of modern housing solutions and the future of real estate.

01:52:57

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Episode guests

Atticus LeBlanc

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Episode notes

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Quick takeaways

The podcast highlights how impulsive decisions can lead to profitable real estate investments, marking a transformative journey for investors.

Atticus LeBlanc discusses PadSplit's innovative shared living model, aiming to tackle the affordable housing crisis while increasing cash flow for owners.

The episode emphasizes the societal benefits of affordable housing, showcasing how PadSplit supports working-class individuals on their journey towards financial stability.

Listeners gain insights into effective market research techniques, enabling them to identify lucrative real estate opportunities aligned with local tenant demographics.

Deep dives

The Serendipitous First Investment

A spontaneous decision led to a life-changing investment in real estate. After looking at a subpar apartment, the speaker saw a house for sale and decided to make a purchase within five days. This impulsive choice marked the beginning of a rewarding journey as a real estate investor. It sparked a realization about the potential for building wealth through property ownership.

Intro

2min

Exploring the Future of Room Rentals in Real Estate

3min

From Nostalgia to Innovation: The PadSplit Journey

14min

Navigating Rental Challenges and Streamlining Real Estate Deals

5min

Innovations in Co-Living Space Management

23min

The Strategic Advantage of Renting by the Room in Real Estate

1min

Revolutionizing Real Estate: Renting by the Room

26min

Innovative Real Estate Strategies for Future Financing

20min

Real Estate Expansion and Personal Growth

4min

10.

Navigating Entrepreneurship and Personal Growth

8min

11.

Breath and Business: Diving Deep

7min

ℹ️ KNOW MORE ABOUT PADSPLIT
https://go.abetterlife.com/bb_pod_padsplit

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🧔‍♂️ WHO AM I?

Our names are Brandon Turner and Cam Cathcart! We teach people how to BUILD WEALTH WITHOUT LOSING THEIR SOUL through real estate investing!

1️⃣ WANT TO GET YOUR FIRST DEAL?

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🤝 CONNECT WITH ME ON INSTAGRAM

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👋 CONNECT WITH CAM ON INSTAGRAM

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🙌 CONNECT WITH ATTICUS ON INSTAGRAM

https://www.linkedin.com/in/atticus-leblanc-3960466/
https://www.instagram.com/padsplit/

📱 JOIN MY WEEKLY TEXTLETTER

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📚 READ ONE OF MY BOOKS

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📖 BOOKS MENTIONED IN THIS EPISODE

• To Kill a Mockingbird by Harper Lee
• Don Quixote by Miguel de Cervantes
• Atomic Habits by James Clear
• The Hard Thing About Hard Things by Ben Horowitz
• Cashflow’s Not Dead by Brandon Turner

🙏 SPONSORS

• TurboTenant: Market your rental, screen tenants, and collect rent… all in one place! Use the code BRANDON10 to get 10% off upon sign-up at https://go.abetterlife.com/tt_pod_landing Or check out all of their incredible FREE resources for landlords at https://go.abetterlife.com/toolbox_pod

• BallPoint Marketing: These guys know how to find deals… BallPoint Marketing is the leader (and the company that I use) for all things direct mail marketing! They’ll write the postcards, send them out, build out a CRM, and even field the calls for you! All you have to do is go to https://go.abetterlife.com/bpm_pod_landing for a strategy call and a discount!

🎥 DESCRIPTION

What if you could double your rental income without raising rents or buying more properties? Atticus LeBlanc, founder of PadSplit, joins us to reveal how co-living and room rentals are revolutionizing real estate investing. Whether you're a landlord looking for higher cash flow or an investor searching for affordable housing solutions, this episode is packed with game-changing insights!

In this episode, we also talk about:
• How renting by the room outperforms traditional rentals
• Why affordable housing is a massive untapped market
• The legal challenges of co-living (and how to navigate them)
• How investors are turning Airbnbs into high-cash-flow PadSplits
• The real numbers behind PadSplit profits
• Who actually lives in these co-living spaces
• and SO much more!

❌ DISCLAIMER

https://go.abetterlife.com/bb_pod_disclaimer

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