Investing while traveling US

[Jesse Rodriguez]

Hey everyone,

I’m a nurse but will do travel nursing soon. I have one duplex (househacking) currently. Because my income will jump much higher than current, I am trying to figure out how to optimally invest in RE. I am more interested in appreciation markets than cash flow areas. In a perfect world, I would purchase a property in each location I go to for work (3-9 months duration) but I’m not that skilled/advanced. If you were in my shoes, what would your gameplan be? Or how would you approach this?

[Taylor Dasch]

I think you have an advantage since everywhere you go (travel nursing) is a perfect market for STR and MTR. You will be able to generate much more cash flow than a LTR. As far as appreciation goes, you will just have to do your research on the markets your interested in. Also Keep in mind that if you do purchase a property in each location you go for work, you will have properties spread out everywhere, A lot of management companies prefer to have a whole portfolio of properties to manage rather than just 1 so that could increase your property management costs. Ideally you would have the properties in one market where you have researched and are very familiar with. Hope this answers your question. My gameplan would be to buy for cash flow and acquire as many properties as possible!