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Updated about 2 years ago, 10/18/2022
short term rentals traveling nurses market
I’m purchasing a single family home, and looking to rent out the rooms to traveling nurses or students. Has anyone had experience with this type of market ? I live in the county San Bernardino, ca.
@Ashley O'Hearn
Thank you Ashley for sharing your experience with me, I really appreciate it.
@Alecia Williams I’m currently a travel nurse in CA. The travel agencies (the companies we work for) basically do all the screening for you. We get background checked and drug screened. And travel nursing generally pays decent. I’ve found that most travelers are single or travel alone (I travel with my wife and kid but I’ve found I’m an outlier). It’s hard to find housing in that 8-13 week (our typical contract length) sweet spot without paying a lot of $$$. So this is a good niche! Just wanted to give you the perspective of your clientele! Good luck!
I have hosted multiple traveling nurses this year via our AirBnB. I believe you can use this platform to target traveling nurses by making your minimum stay around 30 days. You can always talk with the nurses while they stay to figure out more about the market, if there are any particular platforms they use. The upside of airbnb, is you can also fill in the gaps with shorter term guests.
Thank you! I have often thought about that, I met a traveling nurse that traveled with her husband and requested a king bed. So for an example your family would want/need a house rental 2B-2B ? to fulfill your travel need? Question, what are some key important amenities that you like to see in your rental?
@Darian
Thank you, I have often thought about that! Great ideal, I will keep that in mind for a traveling family needs, so you would be looking for a 2 plus 2 ? Question. what would your most wanted amenities? Example, bed vs patio ?
@Robert Olinger
Thank you, I will keep that in mind, now my biggest challenge is finding the right location.
Hi! Just wanted to add another voice from the clientele perspective. My fiance and I are both travel nurses and have been traveling the past two years- we've been in Philadelphia, Charleston WV, Reno NV, Los Angeles, and Santa Rosa CA. I'm not sure how it would be renting to single travelers by the room, personally we always get a "whole place" 1 bedroom or studio, using either FurnishedFinder or Airbnb. Assignments are typically 13 weeks, but a lot of times nurses extend for up to a year, but with Covid there are a lot more short term "crisis" contracts, like 2-8 weeks long. I think people are generally willing to pay more than what would be typical for a long term rental, but usually less than the daily rates on Airbnb- so somewhere in between. My fiance and I usually will spend a little bit more to have a place with a washer/dryer on the premises and a place that allows dogs. We've never had to go through the usual screening or application process like a long term rental, and it's true, our travel agency does background checks and drug tests at least once a year. I'm biased, but I think nurses usually make great tenants, and we're thinking about investing and getting into that rental market as well ourselves. Best of luck!
@Mariel Painter-Chapman
Wow, thank you for your SME feedback!
@Alecia Williams So we rent a 2 bed 1 bath right now. Two bathrooms aren’t a must. The absolute necessities for us is private parking for at least one car and washer dryer. WiFi and roku tv are definitely winners for us since we Netflix and chill. Also pots and pans and basically the “essentials” for daily kitchen use if you’re going the “furnished” route. That’s just us though. Most nurses are pretty chill and just want a functional place to come home and crash after a 12-13 hour shift.
@Alecia Williams also, king bed for sure if you’re targeting couples. Otherwise another route you could take is do a 2 bed 2 bath with one king and one queen. That way if a couple stays there they have the king and at least one bathroom. But on the other hand sometimes nurses will travel with another nurse friend on the same contract and that would be the perfect set up so they each have their own room/bathroom. Just another 2 cents!
@Darian
Thank you, for all you help !
@Darian
😊👍🏼
Hey @Mariel Painter-Chapman, I’m actual I’m the process of preparing my former home to be used as a short-term for traveling nurses.
My property is located in Petaluma California. Which isn’t to far Santa Rosa. If you’re ever planning a stay the above area let me know.
I’d love to have you 😃 Thanks Mariel!!!!
@Alecia Williams
I used to be a travel physical therapist and look for this housing all the time. There was a great need for housing when I was traveling! Once you have a property near a medical campus that you know uses travel nurses or therapists (usually can find this out if you know anybody who works at the hospital). Then reach out to the medical staffing companies. One quick google search will get you plenty to contact. They are the ones who coordinate all the jobs, moves, housing etc. good luck!
@David Williams
Thank you, David,
@Alecia Williams have you looked into the demand for shared housing in this market? I noticed most, if not all, of the experiences in this thread are renting entire properties.
I happen to know and meet a lot of traveling nurses, and have been looking into this space for a couple years in my area, and have never met one that rented a shared space but rather whole houses.
I’m not saying it’s not a market, because I don’t know. I thought I’d point out that you might want to consider being more specific in your due diligence before finding out it’s possibly not what you’re hoping for.
I can tell you this is a great space if you provide the right property. Best of luck!
Yep Furnished Finder will be your best bet. I would suggest using your own short term rental or mid term rental agreement you send separate to everyone you rent to. Don't let Air Cover from Airbnb make you think you are fully covered. You have to protect yourself. Require everyone to sign it within 48 hours of booking through you as part of your house rules. And make sure there's a line saying they have read the house rules and agree to them. Airbnb specifically usually sides with the renter. Also there is a Facebook group a woman runs where she specifically caters to pairing traveling nurses with properties. You can list your property with them and they take a small commission if they make a match. I can't find the name of it now but maybe if you do some general searching you can find them? Good luck!