Construction of new hospital in west Louisville taking shape
As a real estate agent, what is your perspective on the multifamily market in Louisville now?
Do you have any idea how good could renting to traveling nurses be since you mentioned the new hospital? I am looking into multifamily units with that perspective.
Thanks
Quote from @Alex Briones:
As a real estate agent, what is your perspective on the multifamily market in Louisville now?
Do you have any idea how good could renting to traveling nurses be since you mentioned the new hospital? I am looking into multifamily units with that perspective.
Thanks
I think the midterm model is dying. I would not recommend getting into it personally. I think multifamily is a much safer route.
I think the midterm model is dying. I would not recommend getting into it personally. I think multifamily is a much safer route.
Hey @Rob Bergeron! I'm relatively new to the area, staying with family for now, but have been looking at buying a multifamily place in Louisville and renting out units midterm while living in one. Curious on your perspective, why do you think the midterm model is dying? And do you think it works for multifamily properties? Or are you saying multifamily with long term leases could be the safer route?
Quote from @Isaac Pyle:
I think the midterm model is dying. I would not recommend getting into it personally. I think multifamily is a much safer route.Hey @Rob Bergeron! I'm relatively new to the area, staying with family for now, but have been looking at buying a multifamily place in Louisville and renting out units midterm while living in one. Curious on your perspective, why do you think the midterm model is dying? And do you think it works for multifamily properties? Or are you saying multifamily with long term leases could be the safer route?
Over saturation, hospitals are not wanting to pay the premium as much for the traveling nurses. Hospitals have not been paid for all the covid stuff yet, running at deficits.