How to contact hospitals for Mid Term Rental Tenants

[Freda Agbecha]

Hi,

I started my Rental Arbitrage journey last year in Austin Texas and i currently have two units that are 8mins from a major hospital (St David's Medical center). I am trying to break into the mid term rental space as the units have been struggling the last couple of months with short term rental. I primary use Airbnb. I tried furnished finder for a while but didn't have much luck with it. So i contacted the hospital and introduced myself saying what i had to offer which is a housing solution to their travel nurses and asking to be directed to the right person a housing travel coordinator or somebody. Every time i call, they keep transferring me to different departments until someone hangs the phone on me. 

Does anyone have any recommendation or advise on the best way to approach hospitals and Insurance companies or the best places to find mid term rental tenants.

Thank you!

[Holly Brown]

Hi @Freda Agbecha, I have a few medium term rentals here in Houston and they stay pretty booked but it does take effort.

Questions for you- What size are your units and pricing? What is your competition listing theirs for? For Airbnb, do you have 30 days as the minimum day count? This usually pushes your listing to the top when people search the 30 day+ on Airbnb. Also, have you tried Austin Travel Nursing Facebook groups? 

If you want to send me over your listings, I am happy to provide you some feedback to hopefully get their occupancy higher. I have one small unit in the med center here (first floor) and we initially thought travel nurses would be the target and we actually switched our focus to patients that needed longer term stays. We furnished with helpful handicap accessible items and relisted the marketing to direct it toward patients and it has stayed booked since. Maybe try that? 

Hope some of this helps!