City Spotlight: New York City Furnished Housing

When it comes to finding great corporate rental properties in New York City, there’s a lot of information out there. Renters today are emphasizing quality of life as much as a good commute in finding that perfect rental. And changes to the law continue to affect the New York City furnished housing market. Keeping updated is key in order to find that perfect “Big Apple” corporate rental.

New york City spotlight

Those looking for short-term “AirBnb” style properties were dealt a blow in October 2016 by Governor Mario Cuomo, who banned rentals for less than thirty days of entire homes or apartments in apartment buildings. “Couchsurfing” or room rentals are still permitted as well as apartments where there are less than three units, but in terms of corporate appropriate rentals this has a big impact on supply, as it was estimated that 72% of AirBnb rentals in New York City were illegal in 2014. This means it is a great time to supply furnished housing in New York City – if the term is thirty or more days.  For renters, it will be important to ensure your hosts are operating under the law.

In terms of locations, New York City provides an array of neighborhoods and lifestyles to please anyone seeking furnished housing. Beyond the need to be close to work, finding neighborhoods with amenities matching the needs of clients is of high concern. Great family neighborhoods stand out in terms of density of parks and family friendly activities, and are a bit quieter at an affordable price. Brooklyn Heights, Prospect Heights, Gramercy, and Battery Park all fit the bill for those seeking corporate furnished family housing.  The suburbs are a natural fit for families and Kensington, Syosset, Great Neck Estates, and Jericho are highly rated areas for families.

If you’re looking to stoke a creative spark in New York City, neighborhoods like Kips Bay or Greenwich Village will paint a perfect picture. These are quieter neighborhoods with their own small community feel, influenced by nearby universities like NYU.

If you’re single and looking for a more active lifestyle, the New York City corporate real estate market has you covered. Hell’s Kitchen, the Flatiron District, Gramercy, the Financial District, and Nolita are all up-and-coming or established areas full of lively nightlife, great restaurants, and shopping. For those aiming for a similar, but even more upscale housing, go no further than NoHo, SoHo, Dumbo, or Tribeca, whose central locations and celebrity sighting quotient make them a more expensive but go-to option for those seeking prime furnished housing.

Whatever your taste or need for corporate housing in New York City, there’s an area that suits your need. There’s more urgency now for local owners to open up supply and for renters to find a good spot, but as that happens renters will more easily find that great NYC furnished housing rental.

Trends in Corporate Housing

Corporate Housing is an ever-changing market. While there will always be a market for great locations and great values, economic and generational trends have a big impact on demand.  As our society and the people in it change and grow, our needs and wants change with it. One of the keys to success for corporate housing owners is to understand and adapt to these trends.

Corporate Housing Trends

One trend is a greater level of certainty in choosing a rental property. Today’s corporate clients are more likely to remain in housing longer while making sure they’re satisfied with their housing choice. More and more time is being spent in researching nearby schools, neighborhoods, entertainment, and conveniences. To best adapt, you should play up the advantages of your specific property, whether it is a short commute to work, a scenic location, great schools, or local entertainment.

More specific to that last point, today’s tenants are more aware of work-life balance, and this is leading to a greater awareness of the types of recreational options that are found in the area. When describing entertainment and recreation in the area, be sure to note a variety of different types of recreation around your property. For example, point out parks, trails, beaches, bike paths, notable restaurants, shopping, fitness centers, museums and art galleries, etc. to give interested renters an idea of the types of fun and relaxing activities your home’s area has to offer.

Millennials surpasses Generation X

In 2015, Millennials eclipsed Generation X as the largest part of the workforce. Many of today’s corporate rental tenants are Millennials. As a generation, they have experienced greater access to different styles of housing than generations before. Millennials also tend to be more individualistic on the whole; and this has led to greater demand for uniqueness in rental housing. The “one size fits all” approach isn’t working, so consider unique architectural and interior design styles and decorative elements.

Another aspect is the ever-increasing amount of information out there. Corporate renters and clients have access to a wealth of information on housing options, and are spending more time researching options online. It is important, therefore, to stand out by emphasizing the good points about your rental and being more visible online via SEO and Content marketing. CHBO can help to make sure your property is as visible as it can be in major search engines.

One thing is certain, times change. As an owner of corporate rental property, it is vital to look for trends like these and adapt your property to meet the needs of your audience.

 

Executive Home in Mullica Hill NJ – CHBO Property Spotlight

Executive Home in Mullica Hill NJ  – Fully Furnished Five-Bedroom Corporate Housing

This fully furnished five-bedroom, four and a half bath home sits on a private one-and-a-half acre estate in Casella Farms, a southern suburb of Philadelphia.  An expanse of green lawn and immaculately landscaped surrounds imbue tranquility to the grounds; while the 3,700 square foot former model home is palatial and exquisite.

Positioned in a private and quiet neighborhood just a few minutes from the New Jersey Turnpike, this gorgeous colonial is just twenty five minutes commute to the heart of Philadelphia and thirty minutes to Wilmington, Delaware; within easy reach of the region’s largest employers like DuPont, Lockheed Martin, Cooper Health Care, AstraZeneca, University of Delaware, MBNA Consumer Services, The Cooper Health System, JP Morgan Chase, Our Lady of Lourdes Medical, Virtua-West Jersey Health System, Bancroft Rehabilitation Services, NJ Protocall, The Nemours Foundation, 21st Century North American Insurance Company, Agilent Technologies, MBNA Marketing Systems, Integrity Staffing Solutions, and Underwood Memorial Hospital.

Mullica Corporate Housing

The sharply angled gables, the stucco and stone construction, and the precision of the landscaping and decorative elements stand out beautifully against the open vista. Families will appreciate the basketball court and playground set. Enter via the massive two-car garage, or by the stately front entry with arched transom window. A grand staircase and balustrade of wrought iron greet you. Walnut hardwood floors interspersed with Persian rugs serve a transitional decorative style that fuses clean lines and modern bright colors with traditional, ornate decorative pieces that give the entire home character.

An elegant sitting room flows to a formal dining area seating eight with Swarovski chandeliers. Leather seating, mounted LCD Smart TV, a gas fireplace, and a piano give the soaring den a welcoming feel, and a separate sunroom off the kitchen with leather sofas, another LCD TV and even a drum set illustrate the ample 3,700 square foot space. A huge kitchen has seen many upgrades such as stainless steel refrigerator, dishwasher, and wine refrigerator and features a massive center island with plenty of storage plus stool seating for six. A full office, converted from a bedroom, and a laundry area round out the ground floor. Upstairs, three whimsically colorful bedrooms and full baths are built for comfort. The master bedroom is luxuriously large with massive king sleigh bed under tray ceilings and upgraded spot lighting, and walk-in closet. The tiled master bath has a privacy toilet, garden tub, jack-and-jill sinks, and a walk in shower.  Internal stairs and a large external staircase lead to a humongous finished basement with plenty of space to transform to suit your needs. A fifth bedroom with full bath is located here.

Mullica Furnished Housing

The lighting is upgraded throughout and the home is ENERGY STAR rated. There is a built-in security system, sprinkler system, and large capacity water heater. The property is managed by Long and Foster, and there is an online portal for payments and submitting maintenance requests.

If you are interested in this furnished rental, visit, Corporate Housing by Owner or call 415-720-3828.

5 Tips To Manage Your Corporate Rental Remotely

A corporate rental property can be a great way to make additional income, but there’s just one issue – property management can be a challenge even when you’re local. Managing the safety, security, and maintenance of a property can require specialized expertise and hands-on maintenance.

Homes are made up of complex and interdependent systems that need monitoring and, at times, urgent attention. You must have a proactive mindset and be available to clients when issues and needs arise. And all that is if you are local. Remote corporate rentals have the same level of complexity, with the added difficulty that you aren’t there to attend to these needs. Fortunately, whether your corporate rental is a few hours distant or across the country, you do have options for remote property management.

Property manager remotely for your corporate rental

Your can either to hire a property management company, or manage it remotely yourself, assembling a “team” of local contacts. Property Management companies are abundant in most areas. If you choose this route, be sure to contact at least three to get a baseline idea of expected charges. These firms will either staff or aggregate service provider contacts from landscapers, repairmen, snow removal and maid services that can take care of cleaning, preventative maintenance, and emergency repairs. You benefit from the convenience of a one-stop shop that handles your corporate rental, and from the economies of scale that a firm can provide. Plus, they can help in screening tenants and are typically available 24-7. However, there is a regular fee for this management that will have a measurable impact on your investment. Whether you choose to hire out a property management company, or manage your remote rental property yourself, here are five tips that can help you manage your rental successfully.

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Updated Ways to Style Your Patio Umbrella This Spring

Spring has arrived! With its sunny skies and warm weather, backyard parties, dinners and pool days will start popping up on your tenants’ calendars. What better way to set them up for entertainment success than with a curated outdoor scene? One of the most important design elements of a backyard is the patio umbrella. Offering respite from the sun and a major style statement, patio umbrellas have made a very welcome comeback. Below are some of our favorite ways to style and accessorize patio umbrellas for spring.

Cool and Contemporary

One of our go-to styles, contemporary backyards are casual yet refined. To bring your patio umbrella into the 21st century, choose teak outdoor furniture. This water-resistant finish is perfect for poolside tables and chairs and adds warmth and dimension to the scene. Sprinkle in streamlined elements like tall hurricane vases and Edison bulb string lights for a California-esque scene. Situate your patio umbrella between two chairs and sit back, relax and enjoy your modern musings.

Concrete Floor Cozy Patio Area With Table Set And Patio Umbrella

Resort Chic

Want to make your tenants’ outdoor scene feel like a vacation spot? Dress up the backyard pool area with mid-century silhouettes like lounge chairs and a cantilever umbrella in creamy hues. Accent the space with natural woods for an unfinished-yet-refined look. Don’t forget the tiki lights!

Mountain Motif

Not every outdoor scene will be set in the suburbs or along the shoreline of the ocean. If your corporate housing is situated near a lake or in the mountains, take advantage of the lustrous outdoor scenery and build on the surrounding cabin style. Use a fire pit with stone surround as your centerpiece. Add in two red Adirondack chairs, a stack of wool blankets in a wooden basket, twinkling string lights and a casual outdoor umbrella, and voila! A beautiful, cozy, cabin-inspired outdoor scene ready to enjoy. Now, who has the marshmallows?

Sitting Room Area On Screened Walkout Deck With Patio Table, Umb

Tailored and Traditional

If it isn’t broken, don’t fix it, right? As the saying goes, if traditional style is more your tenants’ speed, then help reinforce it with a classic outdoor setting. Elements like wicker chairs, gas fireplaces and cool blue-and-green color palette are perfect for traditional outdoor spaces. Round out the look with a classically shaped patio umbrella, a glass-top side table or two and plenty of outdoor candles for a space that feels like home.

Mediterranean Mode

A classic look, Mediterranean style focuses on deep, saturated colors, dynamic iron work and lots of ornate detailing. Bring this look into your corporate housing’s outdoor space by opting for an iron bistro set featuring dark orange or tan cushions on the intricate chairs. Perch your patio umbrella next to the dining scene and include hurricanes of varying shapes and sizes for added depth. A Mediterranean-style backyard, which combines rustic and traditional design, is a great choice for the classic yet dimensional tenant.

From fresh and contemporary to classically styled, there are so many outdoor looks to create around a beautiful patio umbrella. How will you be styling your outdoor space this spring?

Wooden Walkout Deck In The Backyard Garden Of Blue Siding House.

Kerrie Kelly, ASID, of Kerrie Kelly Design Lab is an award-winning designer who writes for The Home Depot about both exterior and interior spaces. She provides useful advice on topics such as picking an umbrella option to match your design style and updating your patio with pops of color.

Things to Know for Extended Business Trips

Business TripAre you someone who travels often for business? If so, your usual routine may involve a quick trip to a city or even a foreign destination, and during the few days or nights of that visit, you are unlikely to have much time to explore or even get your bearings. There is, however, a tremendous difference between this sort of business trip and what is commonly called an “extended” business trip.

While your number one priority is likely finding an appealing extended stay housing arrangement, there are other things to know about extended business trips than the best furnished rentals. Below are some extremely useful tips for those who will relocate for a longer-than-usual time.

  • Downtime is a thing – When you are booked into extended stay housing, it becomes a home away from home in a way that a hotel or other accommodation never does. Because you will have authentic “downtime” while on an extended business trip, it is best to look for furnished rentals with items like WiFi and entertainment systems that help with downtime and with staying in touch with family. While you might envision yourself doing the job and even exploring the area, also picture yourself in your extended stay housing…what will you be doing in downtime or spare time? Make some plans.

 

  • Plan to cook – One great thing about furnished rentals for extended business trips is that they keep you out of restaurants. After a few days or weeks of eating many meals “out” being able to cook in your own, comfortable and well-appointed kitchen becomes a treat. It also gives you a chance to explore local markets, local favorites, farmer’s markets and more. This also keeps a lot of coin in your pocket!

 

  • Think location – Your extended stay housing gives you a chance to live among locals, so also plan on acting like one. You’re sure to enjoy sightseeing, but again, after a while it can wear thin. That means you then get to visit the local cafes and pubs, find authentic businesses to give your patronage, and even publications to read. Find good local parks and trails and really think like a “local” while there.

Furnished rentals give that rate chance to be “at home” even when you’re not at home. Use the tips above and really enjoy every moment of your extended stay, whether you are working or just exploring the area and settling in temporarily.

Millennial Magnet Cities

Millennial Magnet CitiesBy now, most consumers know that it is a “renter’s market” much more than a “buyer’s market”. Now here is this more prevalent than among millenials (those born between 1982 and 2004).

According to RealtorMag.com, their rates of homeownership plunged “from 40 percent in 2006 to 32 percent in 2015”.  Yet, there are still many parts of the country where millenials actually represent the larger percentage of buyers rather than renters. For example, Elk Grove, CA is a city in which millenials have about 60% of the market share in terms of home buying.

Where are the millennial “magnet” cities? And why are they buying in specific locations? The current list from SmartAsset.com points towards these ten locations:

  • Sioux Falls, SD – Studies indicate that excellent schools make this a great place for raising kids
  • Elk Grove, CA – A commuting spot for those working in San Francisco and Sacramento it is affordable and appealing
  • Bakersfield, CA – Affordable pricing and convenient location makes this popular with millenials
  • Roseville, CA – Close to the state capital but still a reasonably sized city, it is an increasingly appealing spot for millenials
  • Peoria, IL – Very affordable and with plenty of employment opportunities, it has seen the highest increase in millenials
  • Cary, NC – Safe and enjoying a booming economy, it is popular with all groups, particularly millenials
  • Fort Wayne, IN – Most affordable city on the list, it has good schools and employment
  • Chattanooga, TN – Currently booming in terms of home sales, it is one of the most appealing to millenials
  • Anchorage, AK – Increasing home values and a solid economy make it a popular choice
  • Omaha, NB – Large and stable, around 28% of millenials own their home here

So, you know where and why, but what does that mean for a potential property owner or investor? Essentially, if the “under 35” crowd is currently investing in a city, it translates to growth in the future.

Most are settling in because of steady employment, proximity to growth markets and good education. This paints a good portrait of a community in which to invest in property.

Millenials attract others of the same age, and though these magnet cities show millenials’ willingness to invest, the group in general is more prone to rentals. With college debt, new careers and young families, they are a group that struggles to achieve home ownership. Being a reliable landlord in any of these ten cities is a very savvy investment opportunity.

Don’t forget to share your thoughts in comments section and do let us know if you are searching for temporary housing, We are always here to help you.

Furnished Housing: The Next Big Thing to Cash In On

Hotels are already feeling the crunch from the rise of online, furnished housing rental options that allow travelers to book a stay in everything from premium apartments in world-famous cities to gorgeous private homes in desirable locations. In fact, this is so lucrative that investors are opting to purchase apartments, condos and single-family homes in some of the most in-demand areas and then rent them to travelers on business or leisurely holidays.

This, naturally, is evolving and becoming a sort of hybrid of hotel stays and private accommodations, with the serviced apartment emerging as one of the most desirable alternatives. Taking furnished housing to a new level, it is a way for anyone to enjoy a short or long term visit along with the kind of housekeeping, specialized services and “at home” feeling that a hotel never provides.

This also happens to represent one of the next big things to cash in on, especially in areas where travel and corporate housing are in constant demand.

The idea of the premium serviced apartment is not new, and is not even limited to one part of the world. For example, furnished housing with upscale services has become a major area of investment in parts of Kenya in Africa. Essentially, anywhere in the world where “leisure, business and conference tourism is vibrant” and active is a great spot to invest in furnished housing that can be offered as a serviced apartment or private home.

Obviously, it is never just a matter of having a space to rent. It has to be a property chosen with a few key issues in mind:

  • Location
  • Viability as a rental
  • Services available

As a fully-furnished and serviced apartment, a property has to be in a region close to the top destinations or business areas. It has to be legally operable as a rental. For example, does a housing authority or building board allow rentals? If so, and if it is easy enough to arrange for the kinds of services needed, it is likely a savvy investment.

Keep in mind that studio apartments, multi-bedroom apartments and condos as well as free-standing homes are all ideal furnished housing options. The key is to be sure that the furnishings are part of the appeal and create a home-like setting for those enjoying lengthier stays. There are many cities with thriving business communities and corporate entities, cultural activities and natural appeal – all of them make great options for furnished housing rentals.

7 Things That Get Corporate Rental Revisits

A recent article on vacation rentals and short term rentals said that “repeat business is the Holy Grail”. In other words, getting visitors who have already enjoyed a stay to book again (and potentially for years to come) is the ultimate goal. Of course, it is also an issue to consider from the opposite side of the coin, i.e. “why are renters only visiting once and not again?”

vacation rental

We’ll look at seven things that can help you to win over your renters and nurture ongoing business that ensures they revisit at least once, if not on a regular basis.

First things first, that opposite side of the coin mentioned above; renters who don’t return. If someone disliked the rental on their first visit, it is entirely unlikely that they ever will. That means that your mindset, as a property owner, is to look over the rental or rentals you make available, and strictly with the eyes of a potential renter. You will be looking for everything that could lead you to dislike the property on sight. Colors, décor, outdated appliances, general grubbiness, odors, stains, anything that might make you think “Ick”.

After that, consider these seven points:

  • Be clear – No one wants to arrive after traveling only to find they have to go back out for toilet paper, soap, and other items. Be very clear about what is provided, and what is not. Be clear about all policies long before a renter arrives so they can make plans.
  • Realistic capacity – If the property is touted as sleeping eight but has an apartment sized kitchen or appliances, inadequate numbers of linens, or other shortages in space or supplies, recalculate your maximum capacity to actual functionality.
  • About supplies – If the property is rented as furnished for a specific number, make sure that the supplies match. Again, if it says it sleeps eight, be sure there is a full service for eight in the kitchen cabinets, along with at least eight mugs, eight drinking glasses and more than enough silverware. Be sure basics appear in those supplies too – coffee filters, unopened salt and pepper shakers, paper products and so on.
  • Tidy simplified – Most vacationers or renters want to be able to tidy up after themselves. They know the property will be cleaned, but be sure you provide brooms, some cleaners, mops and so on.
  • Think of everyone – Renters can include kids. Have some kid-friendly items on hand (plastic cups and plates, some board games or puzzles, extra blankets, and so on).
  • Remember where you are – A rental is not always convenient to key locations like grocery stores. Let renters know in advance so they can purchase ahead of time, and be sure adequate storage and refrigeration is supplied if this is the case.
  • Be present – Ensure you get revisits by creating an atmosphere worthy of revisiting. If you follow the tips above, you should be good to go, but also remember to thank visitors afterwards, offer discounted stays for second-timers and so on.

Have any questions? Please don’t hesitate to ask in comments section also don’t forget to apply all these tips if you have a rental property and searching for short term rentals, You can also list your furnished rental property in our site to find tenants.

Executive Furnished Home San Francisco – CHBO Property Spotlight

Enjoy the view from the top in this fully furnished two bedroom, two-bathroom condominium in the heart of San Francisco’s NoPa district. Just a few blocks from Golden Gate Park, the Painted Ladies, and city hall, this spacious top floor condo is at the center of this iconic city. NoPa is supremely walkable; you will be within a five to ten minute walk of some of the best restaurants and coffee shops in San Francisco (NOPA, Bar Crudo, Little Star, The Mill, Nopalito to name a few).

But San Francisco isn’t only known for great food and entertainment. It plays home to headquarters for corporate giants such as Kaiser Permanente, Wells Fargo Bank, Safeway, PG&E, Genentech, Oracle, Chevron, California Pacific Medical Center, and Gap. World-class higher education is here too: UC Berkeley, UC San Francisco, and Stanford are among several nearby universities.

Short term rental San FranciscoSpread out on the entire top floor, this flat makes the most of its prime location and view with incredible natural light via skylights throughout. The flat opens onto an eclectic designed living and dining space featuring hardwood floors, built in bookshelves, and a fireplace to keep warm while you absorb the amazing view.
The dining room is partitioned with a pony wall and comfortably seats six. Off the dining room is an updated and fully equipped kitchen with stainless steel appliances and all the accoutrements needed, including a dishwasher.

The two bedrooms are separated by in unit stackable washer and dryer combo. The elegant master bedroom suite features a seating area and a spacious closet to go with a Queen size bed with yet more views of Turk and NoPa; the guest bedroom offers another Queen bed with floor to ceiling views as well. Two en suite bathrooms are fully remodeled; the master bath has a walk in shower with dual vanities; the guest bathroom a full shower and tub combination with oversize sink basin. If the view from inside isn’t enough, step out and take in the fresh air on a private deck. There is a large deeded storage room and a private single car garage. Access to the building is via a secure gated entry with keypad and common stairwell.

San Francisco Temporary HousingWith its prime location in the heart of the city, this condo offers discerning clientele access to San Francisco at its finest.

If you are interested in this furnished rental, visit, Corporate Housing by Owner or call 415-720-3828.