We make rental properties work better for owners & renters
At Hominy, we believe that rental properties that take care of themselves are more valuable, affordable, and desirable
Meet the founders
Tripp Wickersham
Cofounder & CEO
Renter & rental property owner
Product, engineering, and ML leader with 2 exits
10+ years building AI & software for early-stage startups in e-commerce & healthcare
Kyle Smith
Cofounder & CTO
Renter with >6 years in residential construction
Founding engineer for 17 products on >10 tech stacks
10+ years leading technology reliability at Cisco, Indeed, Twilio, etc. defending $8B combined ARR
Why we created Hominy
Renting a home keeps getting harder and harder for both owners and renters
Small-to-medium sized rental owners are getting pushed out of the market by rising costs and consolidation
Renters are spending a record-high share of their income on housing
Unprecedented home prices & mortgage rates keep more people renting for longer
We see an opportunity to transform that race-to-the-bottom cost squeeze that's hurting both owners and renters into a collaboration that increases rental property values and saves money for everyone
Rental cost crisis by the numbers
In just the past 5 years every kind of cost for both owners and renters has increased 2x to 3x faster than inflation, leaving less money in everyone's pockets
+57%
Increase in the annual cost of rental property maintenance
+41%
Increase in the annual cost of rental property homeowners insurance
+34%
Increase in the annual cost of utilities for a rental property
+36%
Increase in the annual rental costs for renters