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Updated over 2 years ago on . Most recent reply
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Renting to Travel Nurses in SF Bay Area
Is anyone renting rooms to travel nurses in San Jose or the SF Bay Area? Would love to connect and learn about this rental strategy. I have a couple flips going that I am thinking of using as rentals if we can't get what we are looking for on the open market. As an agent, I am also seeing some interesting opportunities on the mls...
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Quote from @Chad Hale:
@Jason Nesbitt Each property will have it's own characteristics that will appeal more or less to different MTR (Medium Term Renters). For example, an ADU with private access will appeal to someone who wants complete privacy. A multi bedroom home probably doesn't make sense for one person to rent but could for multiple people to rent. In this case you would essentially be renting out by the room with some share common areas. Some people will be ok with this and others not so much.
You'll also have to provide furnished housing. (Additional setup and maintenance/repair costs).
You can check sites like furnishedfinder to see what your competition is and going rates.
Thank you Chad. Super helpful resources