4 Things To Do When Renting Out Your House
Travel nursing allows you to see the country, gain new personal and professional experiences and help fulfill the needs of medical facilities that may be underserved.
This type of work can be immensely gratifying and quite lucrative, but many people are hesitant to dive into travel nursing because they don’t want to have to worry about their house.
The good news is that owning a home and becoming a travel nurse, or extending your travels, don’t have to be mutually exclusive. There are concrete steps you can take to rent out your home while you travel so that you are earning income and building equity.
1. List your home on Airbnb
Even if you don’t own a home in a popular vacation destination, you might be surprised to find out just how many bookings you can secure from people who are traveling for both business and pleasure.
When Airbnb first started gaining traction, guests would arrive at their destination and check-in with the host face-to-face. It quickly became evident that this wasn’t always the ideal way to handle check-ins. As any traveler knows, there are a myriad of things that can go wrong and get you off schedule. That made the logistics and organizing a meeting inconvenient for both guests and hosts.
As a result, more and more hosts began to offer self check-in as a solution. In fact, self check-in is a requirement in order for a property to be listed as a business friendly host. This means that you can be working anywhere in the country and guests can safely check into your home and enjoy their stay.
2. Hire an Airbnb management company
You might be wondering what happens if something goes wrong and your guest needs assistance while you are halfway across the country. The solution is to partner with an Airbnb management company. An entire industry of management companies has grown out of the popularity of Airbnb. These companies will help you market your listing, improve visibility and bookings and be there to solve problems for your guest when you are away.
Renting out your home as an Airbnb is an excellent way to pay your mortgage and enjoy the benefits of travel nursing without having to sell your home or put off buying a home.
3. Rent your home to other travel nurses
If you have been thinking about signing up for your next travel assignment, but are hesitating about making the commitment because you are worried about the best way to maintain and manage your home while you are away, why not connect with other travel nurses? There is no better way to find a reliable and responsible renter with short-term needs. Another travel nurse will understand the particular demands associated with the job, which include finding furnished housing close to work.
There is no better way to find a reliable and responsible renter with short-term needs. Another travel nurse will understand the particular demands associated with the job, which include finding furnished housing close to work.
4. Find places to list your property
The biggest challenge to renting your home to other travel nurses is effectively advertising that your home is available and connecting with people in need. It is always a good idea to notify your travel nursing agency, but you will also want to reach out to travel nurses through other avenues. The travel nursing Facebook page is a good place to start. It has over 18,000 members and is dedicated to helping nurses find home and rooms for rent.
It is always a good idea to notify your travel nursing agency, but you will also want to reach out to travel nurses through other avenues. The travel nursing Facebook page is a good place to start. It has over 18,000 members and is dedicated to helping nurses find home and rooms for rent.
Another option is the website FurnishedFinder.com, which serves a wide variety of healthcare professionals who need to travel and secure furnished housing for over 30 days. The one disadvantage is it costs $99 to list your property. That being said, the site also offers vetting and verification tools that are meant to protect renters and property owners, which may be well worth the additional cost.
Owning a home doesn’t mean that you can’t enjoy all the great benefits that go along with being a travel nurse. In fact, owning a home can be a real asset and serve as an extra source of income.
Your best bet is to either list your property on Airbnb and work with a management company or to rent to other travel nurses. Both options will allow you to travel the country meeting new people, experiencing new places, building your professional portfolio and making more money than you would at home.
Perhaps best of all, at the end of your contract, you’ll have a cozy and familiar place to return to and start planning your next adventure.