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All Forum Posts by: Kelly Vandever

Kelly Vandever has started 1 posts and replied 6 times.

Post: Medium Term Rental Advice on Data I found in Furnished Finder

Kelly VandeverPosted
  • Realtor
  • Greater Atlanta Area
  • Posts 6
  • Votes 1
Quote from @Lyndsay Zwirlein:
Quote from @Kelly Vandever:

Hi.

I'm a licensed agent in Alpharetta, Georgia (north Atlanta metro area) considering my first investment property and I'm intrigued by the Medium Term Rental market.  (Pre-ordered my copy of 30 Day Stay ;0)

Using Furnished Finder, I see the following stats...

Map Searches and Housing Requests for the Alpharetta area (last 12 months):173,738 Map and Property Listing Page Views for the Alpharetta area (last 12 months):960,468

There are 2 hospitals near me, 15 miles apart. One with 202 beds, one with 335 beds.

There are other medical offices etc in the surrounding area.

What other questions should I be asking or data should I be seeking to evaluate the viability of medium term rental market for medical professionals?

Thanks!


Check out Airbnb and see who else is offering 30 day stays in the area.  Also proximity to military bases seems successful for others.  Lastly, some RE investors will reach out to corporate relocation companies and get bookings direct from there.


 Awesome!  Thanks Lyndsay!!

Post: Medium Term Rental Advice on Data I found in Furnished Finder

Kelly VandeverPosted
  • Realtor
  • Greater Atlanta Area
  • Posts 6
  • Votes 1
Quote from @Joey Banasihan:

@Kelly Vandever other data to look at is the Level of those hospitals you mentioned. Typically there Level 1 (think greys anatomy; they can literally take any kind of medical need/trauma/emergency) with high specialized medical department,  Level 2 similar but less specialized departments, Level 3 are very very basic care, found in more rural areas.  

Level 1 & 2 hospitals create more demand and need for traveling medical professional. Hope that helps!


 Brilliant Joey!  Thanks!!!

Post: Medium Term Rental Advice on Data I found in Furnished Finder

Kelly VandeverPosted
  • Realtor
  • Greater Atlanta Area
  • Posts 6
  • Votes 1
Quote from @Nate Sanow:
Quote from @Kelly Vandever:
Quote from @Nate Sanow:

Good research. I’m doing a similar thing, intrigued as you put it and getting information for my area. All I can think to add really is to cross reference with Airbnb information, and LTR. I’d like to try out a FF approach soon, but have the other options as plan B & C. 


 Thanks, Nate.  I'm new.  What's LTR?  


 Sorry - long term rental. Short term rental is like Airbnb (2-3 days) mid term rental is like Furnished Finders (2-3months) and long term is like a normal lease like 12 mo. 


 LOL!  I should have figured that one out!  Long term rentals, of course!  Thanks Nate!

Post: Medium Term Rental Advice on Data I found in Furnished Finder

Kelly VandeverPosted
  • Realtor
  • Greater Atlanta Area
  • Posts 6
  • Votes 1
Quote from @Nate Sanow:

Good research. I’m doing a similar thing, intrigued as you put it and getting information for my area. All I can think to add really is to cross reference with Airbnb information, and LTR. I’d like to try out a FF approach soon, but have the other options as plan B & C. 


 Thanks, Nate.  I'm new.  What's LTR?  

Post: Medium Term Rental Advice on Data I found in Furnished Finder

Kelly VandeverPosted
  • Realtor
  • Greater Atlanta Area
  • Posts 6
  • Votes 1
Quote from @Justin McDougall:

Well first, there's really 3 hospitals and 1 children's hospital in the area. 

Northside Forsyth up in Cumming

Emory in Johns Creek

Wellstar North Fulton

We also have a CHOA (childrens hospital of Atlanta) off of Mansell

Beyond that, I would highlight the Greenway, the Alpharetta Loop, downtown Alpharetta and it's amenities along with the Avalon and Halcyon


You do know this area Justin!  (or you watched my YouTube video :0)  Emory Johns Creek has another 139 beds.  DIdn't see bed count for CHOA off Mansell.  

Post: Medium Term Rental Advice on Data I found in Furnished Finder

Kelly VandeverPosted
  • Realtor
  • Greater Atlanta Area
  • Posts 6
  • Votes 1

Hi.

I'm a licensed agent in Alpharetta, Georgia (north Atlanta metro area) considering my first investment property and I'm intrigued by the Medium Term Rental market.  (Pre-ordered my copy of 30 Day Stay ;0)

Using Furnished Finder, I see the following stats...

Map Searches and Housing Requests for the Alpharetta area (last 12 months):173,738 Map and Property Listing Page Views for the Alpharetta area (last 12 months):960,468

There are 2 hospitals near me, 15 miles apart. One with 202 beds, one with 335 beds.

There are other medical offices etc in the surrounding area.

What other questions should I be asking or data should I be seeking to evaluate the viability of medium term rental market for medical professionals?

Thanks!