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Updated over 1 year ago on . Most recent reply

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Lionel Quiambao
  • New to Real Estate
  • Rancho Cordova, CA
26
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41
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Traveling Nurse Modes of Transportation

Lionel Quiambao
  • New to Real Estate
  • Rancho Cordova, CA
Posted

Hi everybody!

I'm currently under contract for my first property, a townhome in Sacramento, which I plan to house hack. I plan to go with the medium-term rental strategy and start out by renting two of my available rooms to traveling nurses. My home is about 5 miles from a Level 1 hospital and 2 miles from two other hospitals (Level 2 Kaiser and a Methodist Hospital). Not sure how frequently traveling nurses will go to the Methodist Hospital, but I'm confident in the other two options they'll have.

I've been reading Zeona's & Sarah's 30-Day Stay book and have been watching a lot of Jesse Vasquez on YouTube. One of the business decisions Jesse makes is providing transportation via car rentals to his tenants. I would really like to provide this in the future, but is it expected from guests that all MTR hosts do this? If not, how do traveling RNs typically get to work (assuming they are flying in)?

I'm also curious what kind of cars would be sufficient? I was planning to buy my friend's 2008 Mazda and use it as my main car. But my parents are planning to sell their 2003 Honda Odyssey. If I buy that and use that as my main vehicle, would the 2008 Mazda suffice as a rental? If not, would I be better off saving for a newer car (not totally brand new) or is arbitraging car rentals an option?

Thank y'all in advance for taking time to read my post (and hopefully reply)!

  • Lionel Quiambao
  • Most Popular Reply

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    Bonnie Low
    #1 Medium-Term Rentals Contributor
    • Investor
    • Asheville, NC
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    Bonnie Low
    #1 Medium-Term Rentals Contributor
    • Investor
    • Asheville, NC
    Replied

    100% of my travel medical professionals have brought their own vehicles. Almost all of them will be driving in from somewhere. It might be a nice to have to offer them a car rental option, but it's an unnecessary hassle in most cases. They can rent from Turo if they really need a car (and they would need one in the Sacramento area due to travel distances), but I think you'll find this need is rare. It's just an upsell option in very specific markets. Don't sweat it. 

  • Bonnie Low
  • [email protected]
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