All Forum Posts by: Justin Johnson

Also, make sure that wholesaling is legal in the state(s) that you are trying to wholesale in, you can cross over into that "broker" area pretty easily

Lease signed and first tenant is set to move in on October 1st!  So much learning in such a short time.  I'm very excited about doing it again, and this time I'll know more and will approach it WAY differently.  Thank you, everyone on this thread, and to BP for the support and encouragement.

@Andrea Kendall I have also been googling the furniture rental companies.  Thank you for looking at the jobs posted.  I had done a little digging into that and saw a few jobs posted and my wife got like 3 replies the same day when she mentioned something about our property on one of the Facebook groups.  However, I found a tenant yesterday that is going to be renting the unit out on a long term basis, YAY!  That being said, I am going to immediately start looking for another property to buy and move into.  Once I've moved, I'm going to fix the other side of the duplex that I'm currently living in and get it ready to go for traveling nurses.  It is definitely something that I will be learning all I can about it.

This is something that I love about real estate, there's always some new/more to learn and discover.  It gives me a reason (or excuse :D) to geek out on things and read/research/learn.

Thank you both, you have been incredibly helpful.  (Apologies to the original poster for stealing this thread).

@Andrea Kendall, driving from place to place in a little vehicle is why I am kind of apprehensive about it right now.  I don't want to furnish a place only to find out that there isn't much demand here and then be stuck with a furnished apartment that might limit me on potential renters, likewise, I know I need to furnish the place for traveling professionals (nurses, contractors, etc.).

The only thing that I am struggling with right now is the pet policy.  I've been very "no pets" allowed, and I hear stories from landlords and BP about "NO PETS", and so I'm a little torn on the issue now.  I have had a few responses from some traveling nurses asking about the property.  What are thoughts on the pets/no pets policy when it comes to this?

@Chris Allen I had actually thought about offering those kind of services, I'd have to factor those into the price I'm sure. I thought that since I'm house hacking this duplex, I could even offer some of housekeeping services at like a bed and breakfast (minus the cooking breakfast for them).

I definitely have a lot of research to be doing. Is there a way to contact the local hospitals to find out if they have need for housing for nurses?

thank you and sorry for all the ?'s

@Chris Allen hmm, interesting. do their roommates play rent as well or just stay with them for the time that the traveling nurse is in town?

I also have read that there are companies that you can rent the furnishings from if your apartment is unfurnished. I'm trying to really dig in and see how this all works. My second duplex unit is unfurnished.

@Chris Allen, is it okay if the place you are renting out is a 2 bed 1 bath?  Are nurses okay to share a unit/bathroom or do they want the entire unit to themselves?  Should there be an option to rent 1 room or the entire side of my duplex?  I am just looking at setting my property up for traveling nurses since I am, literally, walking distance to one of the largest hospitals in town.  Just starting to do some deep research into this.  There are two other places close to town that are for traveling nurses and they are about 15-35 minutes away from each hospital.

Thanks,
JJ

@Joe Splitrock I thought getting the property was a little stressful lol. Tenant screening is...interesting. Very challenging and constantly learning new things and researching.

Thank you all for the friendly advise.

@Joe Splitrock, I was not going strictly off my gut, but things she said just raised flags and a horrible uneasy feeling came over me.  I knew I had to dig deeper to find out to put my mind at ease with her story and the story of her "friend" and, found out, fake landlord.

I just got a reply back from her when I asked her to provide me with consent to verify her employment and she said "you have the wrong number"  There was just too much that was fishy...and I'm so glad that BP was here and that I took the extra day to wait until I could contact her employers HR department.