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Paige Miller
  • Gig Harbor, WA
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Travel Nurse Rental Niche

Paige Miller
  • Gig Harbor, WA
Posted

I am looking at a property that is currently rented partially to travel nurses. I want some input from other investors that are working in this niche market. What things are critical to get a steady flow of tenants? The current landlord is collecting about 2.5x the amount of market rent, is that normal for this niche or a fluke? Where do you advertise to get the most exposure? Thanks for all your input!

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Conner Olsen
  • Real Estate Agent
  • Austin, TX
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Conner Olsen
  • Real Estate Agent
  • Austin, TX
Replied

@Paige Miller I'm doing medium-term rentals in Austin and can say that 2.5x rent is normal! There is a huge demand for furnished housing. I advertise on Airbnb, VRBO, Furnished Finders, and FB Groups but have only had bookings through Airbnb. My property is booked out before travel nurses get their assignments and at a higher rate than other furnished rentals on furnished finder.

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