Renting to Travel Nurses

[Danielle P.]

My husband and I bought and renovated the house next door. We recently had a travel nurse inquire about the place. It occurred to us that furnishing the house and charging more for these 5 month “medium term” leases to travel nurses might be a lucrative and different way to approach this. Any thoughts? Pros and cons? Would we just pay the utilities and include that in the rent? Internet? Snow removal/lawn care? We have a brand new hospital two minutes down the road, and we live in a nice, quiet neighborhood close to everything.

[Al Williamson]

Good discussion.

Yup, TNs take assignments with the motive of making money.

The nursing agencies mix tax-free housing allowance in with their total offer, so just because they have a per-diem doesn't mean they wish to spend it. It part of a complete offer.

When there's a desirable assignment at a desirable location (like San Francisco) then nursing agencies pull back and do not offer TNs the full GSA per diem. 

That's the game.

Consider not thinking of TNs as cheap. Consider them as motivated to pay off their student loans.