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Luke Stewart
  • Investor
150
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111
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MTR is NOT only travel nurses!

Luke Stewart
  • Investor
Posted

Just wanted to put this out there for those who are interested in MTR or do MTR but haven't really explored the possible tenants. I personally am a travel nurse, but I have rented my home MTR to 5 different renters since last November and only 2 of them have been travel nurses. My home is within 5 miles of 4-5 MAJOR hospitals in Denver. I think its important to not forget that the market is not only travel nurses but any traveling employees, people building or buying a home, WFH who want to explore a city, people unsure where to rent, etc. I have had a mix of everything and one thing I have learned in my quick year is that marketing specifically to travel nurses limits my potential market. If I had to pick near a hospital or close to a major business hub/city, I would probably pick the business hub/city. I have had a few nurses tell me they want to be closer to downtown Denver and want to commute to work, so they didn't rent my place. When I travel, I try and be close to the hospital, but i am choosing a "good living location" over a close hospital every time. Also, get top notch wifi, WFH is real and both of my nurse renters had significant others who worked from home and needed a designated work space and fast WIFI. I am a huge MTR fan and I am biased as a nurse, but don't get blinded by "travel nurses" when there are so many other renters out there!

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Allen Duan
#3 Medium-Term Rentals Contributor
  • Property Manager
  • Los Angeles, CA
463
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588
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Allen Duan
#3 Medium-Term Rentals Contributor
  • Property Manager
  • Los Angeles, CA
Replied

Totally agreed. We manage mid term rentals in Los Angeles and, while travel nurses are our most common guests, we also get a lot of families renovating or repairing their homes and guests who are moving to the area and need temp housing as they search for a long term home. These two types of guests are plentiful in a highly populated urban area like where we are.

  • Allen Duan
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