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Updated almost 2 years ago on . Most recent reply
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Renting to travel nurses
Does anyone have experience renting to traveling nurses? I'm finishing up a renovation and it's in a C class neighborhood and I fixed it up probably too nice for the area so I'm leaning towards renting to traveling nurses with the hopes that i'll attract a better tenant than the area normally would. The only downfalls are that it's a shorter term than a traditional lease and that you need to furnish it. Benefits, I imagine, are that there's less wear and tear and you can ask for higher rent. There's a few hospitals nearby and I've looked at a website that seems to cater to nurse rentals so there seems to be a market for it. Does anyone else have experience with this that can offer insight or advice? Thanks!
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- Rental Property Investor
- Brandon, SD
- 1,030
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I rent a 4 unit motel almost exclusively to traveling nurses. It's listed on AirBnb and I require that they go through it for reservations. The staffing company pays the rental fees and switches the nurses out from time to time. Any damages (rare) are swiftly paid for by the staffing company. It's a great relationship. Contact the local hospital, ask for the nurse recruiter, and identify yourself and they can refer you to their preferred staffing company contacts.