Turning Distressed Properties Into High-Performing Co-Living Investments

At New Western, we’ve always believed that opportunity is created, not found. Our investors prove it every day as they transform undervalued, distressed properties into assets that generate long-term wealth. However, as the market evolves, so do the strategies needed to stay ahead and that’s what we are building.

Today, one of the most effective ways to increase returns and unlock new income potential is through co-living conversions. That’s where PadSplit comes in.

Co-living is no longer a fringe model; it has become one of the fastest-growing approaches in the housing space. For investors looking to maximize yield, improve cash flow, and create meaningful community impact, PadSplit is redefining what’s possible.

Now, through the New Western + PadSplit partnership, our investors can access a turnkey strategy to transform value-add properties into high-performing co-living homes.

PadSplit is the Best Way to Maximize Cash Flow on Value-Add Properties

PadSplit is the nation’s leading shared-housing marketplace, enabling investors to earn up to 2X the yield of a traditional single-family rental (SFR). Their platform simplifies everything from room listings to resident screening to rent collection, making co-living more accessible and scalable than ever before.

For New Western investors, this creates a powerful advantage:
You already have access to the inventory. PadSplit gives you the perfect strategy to monetize it. Instead of relying solely on long-term rentals or fix-and-flip exits, PadSplit opens a new path for investors who want stronger monthly income, diversified strategies, and long-term stability.

Why New Western Investors Are Perfectly Positioned for PadSplit

New Western’s exclusive marketplace delivers a consistent pipeline of off-market properties that are ideal candidates for co-living conversions, especially homes in need of light-to-moderate rehab.

Our inventory gives you the foundation. PadSplit gives you the yield.

With:

• Distressed properties below market value
• Homes with layouts ideal for multiple bedrooms
• Properties in areas with strong workforce housing demand

New Western investors can acquire the right asset at the right price, then leverage PadSplit to maximize its earning potential. This partnership creates a unique advantage for investors who are ready to scale without relying on MLS competition, bidding wars, or razor-thin margins.

About PadSplit

PadSplit is a mission-driven housing platform expanding affordability nationwide. Their model helps investors generate higher returns while providing safe, stable, and affordable rooms for essential workers.

What PadSplit Offers New Western Investors:

• Higher Yield: Up to 2X traditional SFR returns
• Faster Occupancy: Rooms fill quickly via PadSplit’s large member network
• Streamlined Management: Centralized payments, screening, and listings
• Mission-Aligned Impact: A real solution to the affordable housing shortage

PadSplit properties provide investors with a mix of purpose and profitability, exactly the kind of result New Western customers strive for.

A Clear Path from Acquisition to Cash Flow

The New Western + PadSplit partnership creates a seamless, end-to-end opportunity for investors:

• Acquire – Find your next value-add property through New Western’s exclusive off-market marketplace.
• Rehab – Update the home with strategic improvements ideal for co-living.
• List – Launch your PadSplit property with the support of their proven platform.
• Earn – Generate significantly higher monthly cash flow while providing affordable housing to your community.

As Adam Kolojejchick-Kotch, Chief Growth Officer at PadSplit, puts it:

“Together, we’re enabling investors to create more affordable rooms at scale, while building stronger, more predictable returns.”

Why This Matters for New Western Investors

Investors today need multiple strategies to stay competitive. PadSplit offers an exit and hold strategy that checks every box:

• Higher NOI on the same asset
• More resilient demand even in shifting markets
• A scalable model that grows with your portfolio
• A mission-driven approach aligned with community needs

Whether you’re a seasoned investor or entering the rental strategy for the first time, PadSplit provides a clear playbook for turning a distressed property into a cash-flow machine.

How to Get Started With PadSplit

Launching your first (or next) co-living home is simple:

Step 1: Acquire a value-add property through New Western
Step 2: Complete strategic rehab and prepare for co-living
Step 3: Create a free account at PadSplit.com
Step 4: Deploy PadSplit’s tools to launch and manage your shared-housing home

With this partnership, New Western investors finally have a fully supported pathway (from acquisition to income) to maximize the performance of every property.

Unlock the Full Potential of Your Next Investment Property

New Western gives you the deal.
PadSplit helps you turn it into a high-performing co-living asset.

Together, we’re empowering investors to build wealth, expand their portfolios, and make a lasting difference in the communities they serve.

Ready to explore PadSplit as a strategy for your next New Western property?
Start your journey at: https://www.padsplit.com/newwestern?utm_source=new-western&utm_medium=blog&utm_campaign=newwestern-blog1