All Forum Posts by: Jonathan Moomey

I just had the opportunity to watch the replay from yesterdays multi family webinar. It was GREAT stuff! I was curious to know if the bonuses advertised yesterday are still available to those that watched the webinar on replay and sign up after 8/10? Thank you for all you do for the community!

@Patrick Britton

I would be interested in the juicy details if you are willing to share!

@Christi Hawkins Nags Head is wonderful. After living in NC for the last four years before moving to West Coast, that was one of my favorite beaches out of NC's many amazing choices. The thing you have to remember is they are VERY seasonal. When it gets cold, it is a ghost town. They even had over a foot of snow at one point this winter (not exactly a selling point for beach front property). If you have enough financial cushion or portfolio that can cover you through the dry times, it would be nice. Definitely wouldn't go about it as a primary source, however.

@Travis Rasmussen

I am looking to house hack a multi-family to get foot in the door and some momentum. Down the road, I plan on doing a vacation home in the Tahoe region (as it is close enough to self-manage). En route to that, I expect to focus primarily multi-family, however, I really think I could nail down the travel nurse (healthcare market) if an exceptional deal came along on a SFH that fit the bill. Travel nursing is a specialty of mine with a significant amount of insight and contacts, so if I could incorporate it into my new venture, that would be a double win.

I am following this closely as I am a brand newbie, but looking to multi in the Sac area. I am hoping to house hack for my first in the Roseville/Rocklin area, as that is where my wife is adamant about staying for the kiddos. I know this is gonna be a kick in this shorts as prices out here are higher than what I can do closer to Sac, but it will be a foot in the door and a step towards cash flow for the next one I guess. 

I would be totally open to suggestions of good brokers if anyone know any out this way!

@Steve Vaughan yeah you aren’t going to get much from the hospital itself, as they bring in travelers on contract and are very hands off. The specific travel company the nurse is working for are the ones in charge of providing housing. However, it’s so difficult to find they generally offer the nurse the housing stipend and tell them to find themselves. I’m telling you though, word of mouth once inside the hospital is the secret. 

A nurse comes in on short notice, usually within 4 weeks or so. They rely heavily on asking around once in the hospital to find placement. I’m not saying this would be super easy, but I would venture it to pay off once established. 

As I look more into it, I will probably give it a shot. I have an advantage as I still work as a nurse and have numerous contacts within the travel nurse company’s I have acquired over the years. 

It would depend on hour market. You could easily run a little research to see what percent/how many travel nurses are being used by the local hospitals. Some hospitals only use them seasonally, others all year round. Your odds of success  obviously increase exponentially with the more hospitals in your area. Solano County CA for example, would do insanely well, as they have a ton of hospitals within an appropriate driving range (thats not including all the hospitals commutable to the bay and surrounding areas as well). 

As for the premium, thats really up to you. I know in my travels I was paying an additional 300+ a month just for the short term lease arrangement (which was still usually three months). That was on unfurnished places. The one that offered everything that I can recall was a downstairs unit of an up/down duplex. I was paying over $600/month the local rent. Nurses can get desperate. 

I am following as well. I live approx. two hours away and would use as personal for pleasure trips as well. Not to mention, close enough that I could do simple clean up/management myself. Hoping for more input on this topic.

They absolutely would. The majority of travelers are single (or at least traveling as such). More often than not, they are wanting something small/convenient. They often travel SUPER light. The more furnishings provided, the more appeal to that demographic. You have to keep in mind, they often get stuck in an extended stay hotel. Anything is an upgrade to that. The more I type all this out, I am really thinking I should be doing some due diligence in this. LOL.

Thanks for the reply! San Francisco and Tahoe would not be house hacking projects. Just goals for property owning down the line.