🚀 In this episode of The Key to the City of Angels, host Rick Albert sits down with Devon Aguirre, Market Manager at PadSplit, to discuss the future of co-living and rent-by-the-room investing. Devon explains how PadSplit helps investors maximize cash flow, reduce vacancy, and create affordable housing solutions in competitive markets like Los Angeles. They dive into zoning, tenant management, and the economics of converting traditional homes into high-yield co-living spaces.
🎧 Hosted by: Rick Albert
👤 Guest: 🏡 Devon Aguirre – Market Manager, PadSplit
Devon Aguirre is the Southern California Market Manager at PadSplit, a company innovating in co-living and affordable housing. With a track record in proptech and market expansion, Devon advocates for rental models that balance higher cash flow, reduced vacancy, and community impact. He is a regular speaker at real estate investor events, helping landlords and developers understand co-living’s financials and operational trade-offs.
💡 What You’ll Learn:
✔️ How co-living and rent-by-the-room models boost cash flow
✔️ Legal and zoning considerations for co-living in LA
✔️ How to add rooms and increase ROI safely
✔️ Managing utilities, tenants, and maintenance efficiently
✔️ Eviction prevention, vacancy management, and house rules
🎵 Whether you’re a property owner, investor, or curious about new rental models, this episode is packed with actionable insights.
💼 Connect with Devon Aguirre:
📘 Facebook → https://www.facebook.com/DevonAguirre365/
📸 Instagram → https://www.instagram.com/devonneedsaninsta
🔗 LinkedIn → https://www.linkedin.com/in/devon-aguirre-97b76925
🎙 Follow Rick Albert – The Real Estate Mastery Podcast:
🌎 Website → https://rickalbertonline.com/
📘 Facebook → https://www.facebook.com/RickBAlbert/
📷 Instagram →https://www.instagram.com/rickbalbert/?hl=en
🔗 LinkedIn → https://www.linkedin.com/in/rickbalbert/
💎 Produced by Icons of Real Estate – https://iconsofrealestate.com/
