Travelling Nurses Rental

[Frank Agyeman-Duah]

I'm about to start short term rental for travelling Nurses (travelling medical professionals). I have never done this before and will like to get more information on how to furnish my property, appliances to purchase, beds and all the essential items I need to put in the property as well as websites to advertise the property.

[Paul Sandhu]

Don't limit yourself to traveling nurses. I rent to traveling refinery contractors. 

[Frank Agyeman-Duah]

@Paul Sandhu

Well noted. The property is located in Douglasville GA.

[Andrew Street]

Hello Frank,

It's fantastic that you are looking into your options! 

I just sent you a message, so looking forward to connecting!

Best,

Andrew

[Zeona McIntyre]

Hey @Frank Agyeman-Duah, 

My co-author in Bigger Pockets upcoming book on Medium-Term Rentals sells a furnishing list, that makes it dummy proof to just order and set up. I'll reach out to connect you. 

[Villy Ellinger]

@Frank Agyeman-Duah good luck! There is a great market for that. Make sure to list your property on FurnishedFinder.com. It is a site specializing in traveling nurses. Also, similar is the military community. So you may want to advertise to them as well. Military families waiting for housing have very similar needs (1 to 3 months of furnished housing) as traveling nurses. Also, don't discount listing on Airbnb. Even if you set a limit of weekly minimum rental, you may still get other types of travelers.

Best of luck to you!

[Frank Agyeman-Duah]

@Villy Ellinger

Thanks for your input. Quick question, is there a specific website for the military family rental?

[Villy Ellinger]

@Frank Agyeman-Duah I'm only familiar with the area where I operate (Panhandle of Florida). I don't think there is a nationwide site to post to military moving. I might be wrong. There is a Militarybyowner.com site for selling and long-term rentals. I would suggest that you find out the military bases nearest to your rental and see if they have specific sites, FB pages, etc. where they advertise. We have several Air Force bases here, so lots of military looking. Also, the military does have "per diem" housing pay for their personnel when they send them on temporary assignments. The per diem is usually very competitive. Also note, the military and all government employees on assignment are usually exempt from occupancy taxes if they can present you with an exemption certificate. Look into military newsletters to advertise locally, the base housing placement office, etc. 

[Lauren Kormylo]

Quote from @Frank Agyeman-Duah:

Thanks for your input. Quick question, is there a specific website for the military family rental?

I put my long term rental on this one for military housing years ago, but didn't get any inquiries at the time.  The house is about 30 miles from a base, so not real close, and that may be why.  https://www.ahrn.com/

[Account Closed]

I am in Orange County CA and do a lot of furnished rentals for myself and clients.

Initially I was focusing on nurses [housing4nurses.com - not active] then realized a few things and switched primarily from just nurses [we would advertise on Furnishedfinders.com and CHBO.com etc., FFB too, to all sorts of guests. I could of really focused more on marketing and advertising to nurses and if you can contract with the employing agencies and offer them some consistency [location and perception and price biggest factor] and have them rent directy might yield some interesting results. Maybe do a tandem approach and depending on your location and price points etc.

Nurses mostly get a daily stipend to spend on housing [some have the employing agency pay for the housing] what I found is that even though on average nurses get up to about $180 per day in daily rental stipend - they do not seek out to spend that much and look for cheaper housing - the kicker is it seems that they get to keep the difference of what they do not spend on rent and pocket the difference.

So I put my lisitings on Airbnb sometimes as weekly, mostly on as 30 day rental [to keep in compliance with various city, HOA and local laws.

So lots of different strategies to go and to keep your options open for all sorts of travelers  that we can not even think of, so expand your criteria. And one thing for nurses you have to really cater to their unique needs [they take assignment in usually 13 weeks stints and most find short term housing on Airbnb and or Extended stay then look for longer term [lower cost] housing. 

You are not in the landlord business you are in the hospitality business.

Hope that helps! DM me for more details if need be.

[Rob Massopust]

Quote from @Frank Agyeman-Duah:

I'm about to start short term rental for travelling Nurses (travelling medical professionals). I have never done this before and will like to get more information on how to furnish my property, appliances to purchase, beds and all the essential items I need to put in the property as well as websites to advertise the property.

I am in Orange County CA and do a lot of furnished rentals for myself and clients.

Initially I was focusing on nurses [housing4nurses.com - not active] then realized a few things and switched primarily from just nurses [we would advertise on Furnishedfinders.com and CHBO.com etc., FFB too, to all sorts of guests. I could of really focused more on marketing and advertising to nurses and if you can contract with the employing agencies and offer them some consistency [location and perception and price biggest factor] and have them rent directy might yield some interesting results. Maybe do a tandem approach and depending on your location and price points etc.

Nurses mostly get a daily stipend to spend on housing [some have the employing agency pay for the housing] what I found is that even though on average nurses get up to about $180 per day in daily rental stipend - they do not seek out to spend that much and look for cheaper housing - the kicker is it seems that they get to keep the difference of what they do not spend on rent and pocket the difference.

So I put my lisitings on Airbnb sometimes as weekly, mostly on as 30 day rental [to keep in compliance with various city, HOA and local laws.

So lots of different strategies to go and to keep your options open for all sorts of travelers that we can not even think of, so expand your criteria. And one thing for nurses you have to really cater to their unique needs [they take assignment in usually 13 weeks stints and most find short term housing on Airbnb and or Extended stay then look for longer term [lower cost] housing.

You are not in the landlord business you are in the hospitality business.

Hope that helps! DM me for more details if need be.

[Rob Massopust]

Quote from @Account Closed:

I am in Orange County CA and do a lot of furnished rentals for myself and clients.

Initially I was focusing on nurses [housing4nurses.com - not active] then realized a few things and switched primarily from just nurses [we would advertise on Furnishedfinders.com and CHBO.com etc., FFB too, to all sorts of guests. I could of really focused more on marketing and advertising to nurses and if you can contract with the employing agencies and offer them some consistency [location and perception and price biggest factor] and have them rent directy might yield some interesting results. Maybe do a tandem approach and depending on your location and price points etc.

Nurses mostly get a daily stipend to spend on housing [some have the employing agency pay for the housing] what I found is that even though on average nurses get up to about $180 per day in daily rental stipend - they do not seek out to spend that much and look for cheaper housing - the kicker is it seems that they get to keep the difference of what they do not spend on rent and pocket the difference.

So I put my lisitings on Airbnb sometimes as weekly, mostly on as 30 day rental [to keep in compliance with various city, HOA and local laws.

So lots of different strategies to go and to keep your options open for all sorts of travelers  that we can not even think of, so expand your criteria. And one thing for nurses you have to really cater to their unique needs [they take assignment in usually 13 weeks stints and most find short term housing on Airbnb and or Extended stay then look for longer term [lower cost] housing. 

You are not in the landlord business you are in the hospitality business.

Hope that helps! DM me for more details if need be.

 Sorry duplicate post - not sure how to delete - opened up on old profile

[Jake Wiley]

You asked about appliances - For our short/medium term rentals, the biggest questions we get are for small appliances blenders, toasters, and coffee makers.    If possible a Washer and Dryer, Dishwasher and Microwave, will just make it more convenient and easier to retain your folks if they are longer-term.    When you have someone that essentially lives out of their bag, making it convenient for them makes it more convenient for them to stay than to pack their bag and try out the next one.    

Good luck!  

[Frank Agyeman-Duah]

@Villy Ellinger

Very well noted. Thank you.

[Frank Agyeman-Duah]

@Jake Wiley

Thank you.

[Frank Agyeman-Duah]

@Rob Massopust

I appreciate your input. Thank you.

[Scott Johnson]

Quote from @Villy Ellinger:

@Frank Agyeman-Duah good luck! There is a great market for that. Make sure to list your property on FurnishedFinder.com. It is a site specializing in traveling nurses. Also, similar is the military community. So you may want to advertise to them as well. Military families waiting for housing have very similar needs (1 to 3 months of furnished housing) as traveling nurses. Also, don't discount listing on Airbnb. Even if you set a limit of weekly minimum rental, you may still get other types of travelers.

Best of luck to you!

This is GOLD! My mom’s hitting the ground running with Airbnbs, but wants to add travel nurse housing to her portfolio. 
Thank you!!!

[Melissa Roybal]

All of the above is great advice.  I will add to make sure you have blackout window coverings for the night shifters.

[Frank Agyeman-Duah]

@Melissa Roybal

Thanks

[Jeff Costa]

Quote from @Zeona McIntyre:

Hey @Frank Agyeman-Duah, 

My co-author in Bigger Pockets upcoming book on Medium-Term Rentals sells a furnishing list, that makes it dummy proof to just order and set up. I'll reach out to connect you. 

 @Zeona McIntyre May I also please obtain the furnishing list? I did not see the book released as yet, so asking here. Thanks in advance!

[Zeona McIntyre]

@Jeff Costa my apologies for the delay. Send me a message and I'll get it to you. You can pick up our book at www.biggerpockets.com/30daysta... use code "Zeona" for 10% off. 

[Parker Foley]

Quote from @Zeona McIntyre:

Hey @Frank Agyeman-Duah, 

My co-author in Bigger Pockets upcoming book on Medium-Term Rentals sells a furnishing list, that makes it dummy proof to just order and set up. I'll reach out to connect you. 

looks like a great read Ill add it to my list