All Forum Posts by: 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.