Vacancies are location based. I’ve been hosting nurses for 10 years and I’ve never had more than a 2 day vacancy. I’m usually scrambling trying to get the place cleaned for a new traveler to arrive the same day.
Hi there! Wonderful video. Two questions from a person with a spare room in an apt, doing research on feasibility. 1) I heard in another video that traveling nurses mostly work night shift, is this true? 2) is there a "slow season" , ie winter? Thanks!!🥰🥰
Lord have mercy! I’ve been looking for a video that would go through all this info! I’m actually a travel nursing assistant, but I’m considering opening up a portion of my house to a travel worker!! One big question I have, is there some sort of way to check the occupancy rate of the city that I live in? I know that Airbnb has air DNA. Does furnished Finder have something that is similar? I am located within 10 minutes from a main hospital, and a psychiatric hospital! :-)
How do you make more with renting to travel nurses verses renting to a long term tenant? If you have vacancies with a travel nurse, wouldn't that decrease your income? I'm trying to decide whether to rent to travel nurses or a one year tenant. Any advice would be helpful. Thanks.
You can typically charge more for a short term rental. You have vacancies with long term tenants too once the lease is up. You have to advertise, fix the place up, show it, screen tenants, etc. Things to consider: when a long term tenant moves out, you have to screen them to make sure they will pay. Evictions take a long time and you aren’t earning income. They also tend to destroy the place too since they are angry. When a LT tenant moves out, you have to paint & repair because the longer someone is there, the more worn out things become. As I mentioned, you have to advertise, and show the place. You can hire people for this, but there’s a commission. ST tenants pay up front and you have a 30-90 day contract. No eviction/court process needed. Unless you live in CA - that’s a different story - anyone who stays more than 29 days is considered a long term tenant and you will have to ask them to move - and pay their expenses if they agree. There are pros and cons to both and I think they both even out in the long term. Just depends on the risk you are willing to take and the work you want to do (the longer the rental, the more passive the income).
You are such a natural speaker. I could watch you talk all day
Very informative 👏🏽, but you didn't put the links you mentioned.
Vacancies are location based. I’ve been hosting nurses for 10 years and I’ve never had more than a 2 day vacancy. I’m usually scrambling trying to get the place cleaned for a new traveler to arrive the same day.
@curtisMcclelland say more details about how to get into this space. How much do you charge? Is it double your mortgage on the property?
Hi how did you manage to find a location that you have such a consistent rental rate? Thanks in advance.
@@katiemitchell693 I’m in two markets. Both have multiple trauma 1 hospitals.
This is the most straightforward guide about travel nursing. Thanks
Good tips! Love having options. I am trying my hand for the first time with travel nurses rental. I’ve traditionally only had LTRs. Thx for the tips!
Good job. very educational. I am new to the short term rental and you really helped! Keep up the good work :)
Thanks Miss Kendra
Hey Sis! Thank you. This was very informative I've been doing Furnished Finders for a bit. Trying to broaden my options. Keep the tips coming.
Very Informative. Currently deciding between AIR BNB & Nurse Rentals.
Where are the links? Very informative video!!
I thought there were links in the description 👀🙃🙂
Definitely going to try out renting to travel nurses once I get my property up and running. Thank you for your insight
Hi ,what market is your property in
Good nuggets of info. Thanks for sharing
Thank you.
Love your hair!
Thank you!
Thanks so much. Very helpful.
Thank you so much, very informative!
Can you rent by the “room” to traveling nurse/professionals? I have a four bedroom home, FYI
Thank you!
Thank you for your posts! What has been your longest vacancy?
Hi there! Wonderful video. Two questions from a person with a spare room in an apt, doing research on feasibility. 1) I heard in another video that traveling nurses mostly work night shift, is this true? 2) is there a "slow season" , ie winter? Thanks!!🥰🥰
Lord have mercy! I’ve been looking for a video that would go through all this info! I’m actually a travel nursing assistant, but I’m considering opening up a portion of my house to a travel worker!!
One big question I have, is there some sort of way to check the occupancy rate of the city that I live in? I know that Airbnb has air DNA. Does furnished Finder have something that is similar?
I am located within 10 minutes from a main hospital, and a psychiatric hospital!
:-)
If you still haven't found the information, go to furnish finder stats and enter the name of the city, it will give you an idea of the demand
How can I start?
Are the mentioned sites listed anywhere?
How do you make more with renting to travel nurses verses renting to a long term tenant? If you have vacancies with a travel nurse, wouldn't that decrease your income? I'm trying to decide whether to rent to travel nurses or a one year tenant. Any advice would be helpful. Thanks.
You can typically charge more for a short term rental. You have vacancies with long term tenants too once the lease is up. You have to advertise, fix the place up, show it, screen tenants, etc.
Things to consider: when a long term tenant moves out, you have to screen them to make sure they will pay. Evictions take a long time and you aren’t earning income. They also tend to destroy the place too since they are angry.
When a LT tenant moves out, you have to paint & repair because the longer someone is there, the more worn out things become. As I mentioned, you have to advertise, and show the place. You can hire people for this, but there’s a commission.
ST tenants pay up front and you have a 30-90 day contract. No eviction/court process needed. Unless you live in CA - that’s a different story - anyone who stays more than 29 days is considered a long term tenant and you will have to ask them to move - and pay their expenses if they agree.
There are pros and cons to both and I think they both even out in the long term. Just depends on the risk you are willing to take and the work you want to do (the longer the rental, the more passive the income).
You just "no sorry"? You don't tell them when you'll have vacancy next?