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15 January 2025 | 12 replies
Beachfront or properties near attractions tend to perform best.Mid-Term Rentals (MTRs): These are gaining traction, especially with traveling nurses and remote workers.
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8 January 2025 | 10 replies
However, I am seeing more interest in MTR's and have a colleague that does well buying condos and renting out to traveling medical workers and foreign exchange students.
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21 January 2025 | 31 replies
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17 January 2025 | 6 replies
So Keep your property but don't mid-term unless it is very small house and would appeal to traveling nurses on 3 month gigs.
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15 January 2025 | 18 replies
Examples might include areas in the Midwest, Southeast, or Sunbelt regions.Multifamily Properties: Consider duplexes, triplexes, or small apartment buildings to increase unit count and spread risk across multiple tenants.Short-Term Rentals: If you’re comfortable with the management requirements, STRs in vacation or business travel markets can offer significantly higher cash flow potential than traditional rentals.Value-Add Properties: Look for opportunities to buy undervalued properties where you can force appreciation through renovations or better management.Decision FrameworkRun the Numbers: Compare the projected cash flow, equity growth, and tax implications of selling versus holding with a refinance or HELOC.
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16 January 2025 | 6 replies
My answer would certainly be highly dependent on his own emotional make up, his desire to relax and travel, his willingness to delegate and outsource, etc.
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18 January 2025 | 16 replies
Add thoughtful touches like a Keurig or French press, USB chargers, and local travel guides.
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11 January 2025 | 6 replies
EPA violations typically travel with ownership.
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9 January 2025 | 8 replies
I am primarily hosting traveling medical personnel because there is a lot of demand for these professionals in our area and because my units are suited to their needs.
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7 January 2025 | 22 replies
As a resident (who travels a lot) I would say the Midwest does not have the attractions like palm trees & beaches (the great lakes are cold) or amazing mountain ranges, which often come with some disadvantages like high cost of living or hut/humid weather, stroms etc.