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Updated 8 months ago on . Most recent reply

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Manwell Reyes
  • Investor
  • Los Angeles and Nashville
2
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IS NASVHILLE A GOOD PLACE FOR MID TERM RENTALS ?

Manwell Reyes
  • Investor
  • Los Angeles and Nashville
Posted

Hey guys! 

This is my first post on the bigger pockets community so I'm a newbie. I have a couple of 2/2 houses here in the area and I was contemplating making them mid term rentals for the traveling nurse/insurance company play, but I was wondering if anyone is in that space and if its doing well? And if so, do you know of a good mid term property manager here?

Appreciate any knowledge you guys might have. Truly appreciate it.

Most Popular Reply

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Luka Milicevic
  • Real Estate Agent
  • Nashville, TN
2,153
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2,602
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Luka Milicevic
  • Real Estate Agent
  • Nashville, TN
Replied

@Manwell Reyes

I haven't personally done one, but have several clients that have a bunch. 

There is definitely a market for mid term rentals in the Nashville area due to the medical hub of West end and several other large hospitals in the area. There is the obvious expense of furnishing the rental. You also don't have to deal with any STR regulations since you're a 30 day+ rental.

I have several property managers I can recommend. They actually have contracts with corporate clients and so your pool of prospective renters are higher. The thing is, if you want access to their corporate clients then you have to furnish the property with their furniture packages. The furniture packages they have are very expensive, but it supposedly adds 25% to your total bookings. 

  • Luka Milicevic
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Middle TN Home Alliance
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17 Reviews

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