As DC home prices continue to rise, city homeowners are always on the hunt for new ways to help pay the mortgage. That often means renting out basements, rooms or even couches to the city’s constant influx of visitors. While there is no shortage of tourists, homeowners are seeing the benefits of hosting some of DC’s medium-term visitors: the more than 40,000 interns who flock to DC each year.
Roomsie is an online rental marketplace that matches local homeowners with interns and students in need of housing. Roomsie founder Jacob Chaney took ten years of experience, expertise and customer feedback as CEO of the Washington Intern Housing Network and poured it into this new, one-of-a-kind platform.
“I’ve spoken with a large number of students who have worked hard in their academic careers in order to land coveted intern positions but who couldn’t afford housing in DC and had to forgo amazing opportunities,” says Chaney.
Like other short-term rental marketplaces, Roomsie manages everything from tenant screening to digital leases, while creating a community among renters via networking and social events. Most intern and student programs typically last 14 weeks, so Roomsie hosts see less turnover than other short-term properties. Compared to a 12-month rental model, hosting on Roomsie has shown to increase a homeowner’s monthly rental income by 34 percent.
Roomsie also provides hosts with profiles of potential renters, and guarantees monthly payments by collecting rent upfront and covering any defaults or rent deficiencies.
“We’re really looking for engaged hosts to respond to the overwhelming demand for intern and student housing,” says Chaney. “Whether or not you got your start as an intern or student in DC, hosting on Roomsie is a great opportunity to both make money and give back.”
Roomsie is gearing up for the summer, which is peak intern season, but the company also facilitates thousands of rentals throughout the year and is now actively recruiting hosts.
For more information and to learn about how to become host, visit Roomsie online here; or get in touch with the platform's Community Manager Robert Brixton at 202-335-5549 or firstname.lastname@example.org.
See other articles related to: Roomsie
This article originally published at https://dc.urbanturf.com/articles/blog/local-startup-reinvents-housing-for-dcs-interns-students/15305.
Most Popular... This Week • Last 30 Days • Ever
The preferred mortgage product among most home buyers is the fixed-rate mortgage. How... read »
Eights month after a new proposal to redevelop part of the Takoma Metro station was p... read »
The new images provide a better sense of the big residential plans in the works for t... read »
As we approach the end of the year, UrbanTurf is taking a final look at the DC neighb... read »
On Tuesday, the Federal Housing Finance Agency announced an increase to mortgage loan... read »
To help home buyers and sellers both novice and seasoned, UrbanTurf is running a seri... read »
Plans for the New York-based eatery appear to be moving forward.... read »
The development for four parcels at The Yards from Brookfield Properties and the Menk... read »
The concept includes 14 lanes for bowling, a 1,200 person concert venue, a craft bar ... read »
The zip codes that are home to Brentwood, Takoma Park and sections of Hyattsville top... read »
With this weekend's DC houseboat tour a day away, UrbanTurf thought it only fitting t... read »
President Obama travels to Denver this morning to sign the stimulus bill that has bee... read »
In this week's installment of Ask An Agent, a reader wonders if there is a rule for h... read »
As The Wharf prepares to begin construction, DC's houseboat community heads to its ne... read »
In this week's installment of Ask An Agent, a reader asks a fairly common question th... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Visit guides.urbanturf.com or start browsing below!
Intro guides for first-time home buyers
Awesome and unusual real estate from across the DC Metro