All Forum Posts by: Mitch Walker

 Hi Lauren, can you shoot me a message.  I have a couple questions.  Thank you.

To experienced investors, I'm a RN based in Fishers, spent the last two years traveling.  I'm going staff in early April as the travel nurse market is dead in terms of the pay.  I'm from the south, and seek to move back south but no timeframe.  My professional objective is to get into management.  If I can, I'll stay longer.  If not, will seek to leave hopefully in a year or so (also may wait to collect the full sign-on bonus).  

I pay $1200 for a one bed/one bath apartment...I feel hesitant to get into a property and how long would it take to go through, move in, etc....if I hope to leave in a year (again, likely won't be that fast).  But, my thought is, if I could do a 3.5% down, and first time buyer financing...is it worth it, to maybe hold it if I did move south.  Or, could I even sell in 18 months if I'm in the Indy area that length of time?  Just tired of renting, although home ownership will overall cost more out of pocket.  However, I feel the midwest is a good place to start, and would like to start snowballing equity....granted I'm not greedy and seeking a ginormous appreciation in 12-24 months.  Just, trying to get our of the rental market and slowly build equity....(kinda how people did the last several decades), where you used equity to get into more/bigger house without a significant increase in a monthly pmt.  Thanks in advance.

Mitch

 ER nurses aren't required to be within 10-minutes.  They work a regularly scheduled shift.  I am an OR/operating room nurse.  WE, when called back, have a 30-minute window to be back onsite, dressed in hospital surgical scrubs (diff type of scrubs and diff laundered method).

For those of you wanting to get into the "mid-term" market for travel nurses.  I am one.  Our rates are GARBAGE.  I'm going back to a local contract where I live and then to further endeavors.  The gov't has sent too much money overseas and no longer reimbursing hospitals the way they were.  Rates are half of what they were during the scamdemic.  We are required to maintain a household at home while traveling and on assignment.  Rates are 2019 levels and terrible.  CA included considering the cost of living.

Hello everyone,

I'm on BP to learn about real estate investing and while I do (and figuring out what aspect of it myself and my gf want to get into), I work full time as a travel nurse in the operating room.  I hope this is ok, but I am seeking short term housing in the Lebanon or Hanover, NH areas for a 13-week contract at Dartmouth Medical Center.  It's hard to find and what is there is VERY expensive.  Nurses don't and never did make $8,000/week (despite what the news stated in 2020/2021).  If anyone has a contact in that area, PLEASE, reach out to me.  If this post violates some rule, then I apologize.

Mitch

 Hey David,

Thanks for the reply. As I mentioned, I'm not really looking into it as an investment...largely the idea that FL is increasing in cost due to many moving there (sadly). I'd like to be able to say I own land/property in my home state. I just mostly wondered if a cost of say less than $20,000 is worth my time (I found a couple lots for under $10,000; designated for SFR), and like the idea of having it. Thanks again.

Hello all,

I'm a travel nurse who has family in FL and I'm originally from Tampa.   I don't currently live in FL, but, have thought about buy small parcel of land.  Not really to invest for, but rather....just to have and hold and perhaps,....15 years from now, maybe build on it.  Or maybe sell it.  I've found some that are cheap that I could pay cash for them.  I've never owned real estate and after paying off student loans in 2022...I'm presently saving as much as feasibly possible once the travel market pay dies down and I go back to staff somewhere.  Curious as to an experienced investors' thoughts, if this is worthwhile or if I should save my money for a property w/improvements.  Note:  I'm talking parcels/lots that are $20K or under.

Thanks, Mitch

 Hi Tuan, I'd like to clarify a few things.  You're statement of rates in CA for travelers are very strong...please contact me for current, up to date info on our industry.  I'm a present operating room travel nurse.

Thanks, Mitch

 Zach, I am good to go but thank you.