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Updated over 1 year ago on . Most recent reply

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Farzan Setayesh
  • Rental Property Investor
  • San Diego, CA
14
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86
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Renting to Travel nurses

Farzan Setayesh
  • Rental Property Investor
  • San Diego, CA
Posted

Do you have experience in renting furnished units/Room to travel nurses? How do you charge them? What kind of location makes the most sense? Close to hospital, or fun area so they can have leisure after work. How much more do you charge?

Most Popular Reply

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585
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Brett Deas
  • Colorado
423
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585
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Brett Deas
  • Colorado
Replied

I will speak from my experience. 

The price is whatever is normal for your market, try looking on Furnished Finders for your property type in the are and go 200 bucks lower than what you see listed. 200 lower is an arbitrary amount but remember you are seeing what is for rent not what is currently rented, so to get it filled quicker I drop the price then gradually raise it throughout later stays. 

As far as location goes it depends on the property. If you have something smaller like a 2/2 or 1/1 yes close to hospitals are good. You will attract alot of travelers with that size. However if you have bigger properties like 3/2 or something try to go in between hospitals and amenities. I am lucky that all 3 of my MTR's are in downtown Denver so they are really close to 5+ major hospitals but are also extremely close to all the amenities the city has. 

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