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Aug 6th, 2022
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How to Furnish Period Charter For Free

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welcome back to rookies on rookies im grace and im amelia and today were super excited to talk to you about midterm rentals so as you may know travel nursing has boomed since the start of the pandemic and this has increased the popularity of the investing strategy of midterm rentals if you havent watched our first video on how to find a good market for midterm rentals itll be linked in the box below and i would absolutely recommend that you go and watch that first so today grace and i are going to break down how much it costs to rehab and furnish a midterm rental for a traveling nurse and dont forget to like comment and subscribe and if you have any questions let us know below [Music] so the deal that im gonna talk to you guys about today is my very first travel nursing unit in cedar rapids iowa we bought a four plex and each unit was a one bed one bath and they rented for 525 as a long term tenant and this was a little bit underrented and for a midterm rental with a travel nur

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The time charter equivalent (TCE) rate is a standard shipping industry performance measure used primarily to compare period-to-period changes in a shipping companys performance despite changes in the mix of charter types (i.e., spot charters, time charters and bareboat charters) under which the vessels may be employed
On time charter, the charterer undertakes to hire the ship for a stated period of time or for a specified round-trip voyage or, occasionally, for a stated one-way voyage, the rate of hire being expressed in terms of so much per ton deadweight per month.
A time charter is a time-bound agreement, as opposed to a voyage charter. The shipowner leases a vessel to a charterer for a fixed period of time, and they are free to sail to any port and transport any cargo, subject to legal regulations.
Formula: TCE = net revenue / days of voyage Variables like load and discharge rates, a vessels speed and fuel consumption, and port costs are based on extensive market surveys and can be easily adjusted on feedback from industry participants.
In Bareboat Charter, ships may be chartered or leased for a Voyage Charter or a Time Charter. A charterer generally obtains the use of the whole or part of a ship for a voyage under a voyage charter. A charterer generally obtains the use of the whole of a ship for a period of time under a time charter.
Payment is to be remitted every quarter and does not fluctuate under ordinary circumstances. In time chartering, the charterer is responsible for selecting a crew, paying charges that arise during the voyages, and arranging for provisions to ensure smooth operations at every port of call.
Unlike with voyage charters, the two parties will not need to agree on ports of call and destinations, as the charterer has complete discretion over this. With a time charter, the ship owner does not cover all costs. Instead, the charterer must pay for fuel and supply costs, as well as the cost of cargo operations.
Time charter equivalent is calculated by taking voyage revenues, subtracting voyage expense, including canal, bunker and port costs, and then dividing the total by the round-trip voyage duration in days.
In a Time Charterparty, the owner (or the bareboat charterer if the ship is under such a charter, or in some cases another time charterer), charters the vessel to a time charterer for an agreed period of time.
Types of Charters. The three most common types of charter contracts are the voyage charter, the time charter, and the demise (or bareboat) charter.

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