State Spotlight: Hawaii Corporate Housing

In addition to being a massively popular vacation destination, more and more people are moving to Hawaii temporarily or permanently for work. Over the past few years, the economy in Hawaii has seen major growth, and that growth is expected to continue for the foreseeable future as tourism, construction, and other markets continue to show significant growth. It’s no wonder, then, that Hawaii corporate apartments are really gaining popularity.Hawaiian-Hula-Dancer

People moving to Hawaii for work don’t want to stay in hotels, but they often cannot afford the time or expenses to scout out long-term rentals or to buy homes before arriving on the island where they’ll be living. Fortunately, though, with Hawaii corporate housing, if you’re moving to Hawaii for work, you have a better option that will give you affordable housing without moving all of your furniture or buying all new furniture that you’ll have to pack up and move when you move to your permanent home.

Not only is Hawaii one of the most beautiful places on earth, but it also boasts one of the lowest unemployment rates in the US. And personal income for people living and working in Hawaii is actually expected to grow by 1.9% this year, as well.

Adjusting to Island Life With Ease

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Though most people dream of living somewhere like Hawaii, the reality of moving to an island is often a bit harsh. People who grew up in Kansas, New York, Georgia, or even California aren’t used to the idea of living in the middle of the ocean, and the transition can be a bit of a shock. Fortunately, with Hawaii corporate apartments, moving to any of the islands of Hawaii is much easier and much more stress-free.

Instead of spending their first days or weeks in Hawaii staying in an impersonal hotel, renters can stay at a real Maui retreat that’s just 15 minutes from the airport and two miles from the beach. With four bedrooms and four and a half baths, this is the perfect place for a family or a group of business travelers to stay in Hawaii, and it’s only one of the many options available when you look for Hawaii corporate apartments.Hawaii-Beach-Home

If your work is taking you to Hawaii for a few days, a few weeks, or permanently, do yourself a favor and choose one of the many Hawaii corporate housing options available to you. You’ll find luxurious, furnished living in the best neighborhoods to help you enjoy your stay and/or get a head start on finding the perfect home in Hawaii.

The Ultimate Cheat Sheet for Furnished Property Management

A lot of furnished corporate housing owners manage their own properties instead of hiring a property management company to do it for them. This might seem like a lot of work, but it can actually be very simple if you have a good checklist. With this cheat sheet, you can organize your property management responsibilities so that you won’t feel like you’ve taken on a second job with your furnished corporate apartments.Corporate housing

  • Accept Credit Cards – First of all, you need to be able to accept credit card payments from your renters. You can easily do this with a number of different free and low-cost services, like PayPal, Venmo, and/or Square.
  • Market Your Listing on CHBO and Social Media – You can list your furnished corporate housing apartments or houses on CHBO. Be sure to upload a number of quality pictures of all aspects of the property, and write a really great description. And don’t forget to link to your listing on social media and let all of your friends and followers know that you have an amazing corporate apartment or home for rent.
  • Use Google Docs or Google Calendar to Manage Rentals – You don’t have to be an organizational guru to manage when your properties are being rented and when they aren’t. Just use Google Docs or Google Calendar to create a calendar for your rentals to let people know when your properties are available, when they’re occupied, and when they’ll be available again. This will also help you keep track of scheduled maintenance and repairs, too.
  • Inspect the Property Between Tenants – Instead of paying a large deposit, most renters will have renter’s insurance. If you don’t inspect the property between renters, though, you won’t know when you have to bill a renter or their insurance company. Doing a quick inspection will prevent a lot of hassles and wasted money, and you can schedule it using your Google Calendar for your rentals.
  • Create a Cleaning and Maintenance Schedule – Finally, don’t neglect the property and don’t just do a little cleaning when you think it needs it. Instead, use your calendar to schedule regular cleanings, deep cleanings, and any maintenance that the property will need. You can also use this to schedule when to replace furniture and/or décor, when to decorate for the holidays, etc.

There you go – with this checklist, you’ll have a much easier time managing your furnished corporate housing properties. You’ll save time and money, and you’ll enjoy a larger profit margin, too.

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Northern Virginia (NOVA) Corporate Housing Spotlight

More and more people are visiting and relocating to Northern Virginia. With numerous job opportunities and great school districts in Virginia, Maryland, and Washington, DC, this are of Virginia is in high demand for professionals. With the mountains so nearby and the beach not far away, either, there’s plenty to see and do for those looking for vacation rentals, too. Plus, Virginia corporate housing offers a lot of options for individuals, couples, and families looking for luxury accommodations on a short-term basis.

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With cherry blossom season and the National Cherry Blossom Festival right around the corner, now is the perfect time to book Virginia furnished rentals, and Corporate Housing By Owner has a number of different properties available to meet and exceed all of your expectations and needs for luxurious temporary housing.

Luxury Apartments Close to Work and Play

For example, The Haven at Knob Creek has a variety of furnished one-, two-, and three-bedroom apartments available ranging in size from 800-1300 square feet. With oval Roman tubs, full gourmet kitchens, and spacious, modern layouts, each unit comes with all the amenities you want in an apartment home. Plus, the complex comes with other amenities and services, such as a resort-style swimming pool, a state-of-the-art fitness center, and gorgeous, professionally maintained landscaping.

Furnished Executive Homes

If you’re traveling with your family or a few colleagues, you may also be interested in a fully furnished executive home in the Washington, DC area. This home is over 3000 square feet in size and is located in the Palisades neighborhood in northwest Washington, DC. With four bedrooms and five full baths, as well as a completely updated kitchen and multiple communal living spaces, this house is the perfect solution for your Virginia corporate housing needs if you’re relocating with your family and want some room to spread out and relax as you get to know the area.

Large Condominium Housing in DC

Or perhaps you’re traveling with your spouse, on your own, or with a single colleague. You could rent a 1400 square-foot furnished condominium in Washington, DC with two bedrooms and two-and-a-half baths. The property itself was built in the late 19th century, but it has been beautifully updated and has a full kitchen with plenty of space to cook and prepare meals. Plus, it’s conveniently located to a number of amenities, including grocery stores, shopping districts, and restaurants.

These are only a few examples of the many Virginia furnished rentals available for rent on a short-term basis for those interested in more comfortable and home-like accommodations than you can get from any hotel. Other properties include high-rises, single-family homes, garden apartments, flats, penthouses, and more. They range from budget to high-end luxury prices, and they’re all convenient to business districts and/or public transportation for easy commutes and access to attractions and sights, as well.

Virginia-City-Fourth-Ward-School

Whether you’re traveling for business on a short-term basis, relocating to northern Virginia for work, or you’re traveling on an extended vacation during one of the most beautiful times of the year, you can’t go wrong with Virginia corporate housing from CHBO.

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Furnished rental tips to survive in the world of Expedia

5 steps to financial success and control of your furnished rental property!

Yes, landlords got spoiled with their furnished rentals when the internet allowed them to efficiently and economically connect with potential renters around the world. Furnished, unfurnished, daily, weekly, monthly and annually leasing all got easier with the connectivity offered by the internet.

Today a lot of these landlords are living in fear because those internet tenants are going away and costing more. How did this happen?  How can you, the landlord, protect yourself from financial ruin?

Simple answer: Go Back to the Basics!How To Make Money

No business, no landlord, should ever sit back and rely on one source of income. It is that simple, you need to diversify your marketing. Take control of your destiny by taking control of your marketing.

Somewhere along the line landlords got comfortable with getting all their rentals from one source. I was talking with an associate last week who has been managing a vacation rental property in Winter Park, Colorado for the last 10 years and getting 100% of her renters from VRBO. Good for her, but the game has changed. I asked if she had been developing repeat clients over the past 10 years. “No,” she said. “I didn’t need to develop relationships with my renters because VRBO gave me new ones every year.” “Do you have a website to market your rental property?” I asked. “No,” she replied. “I get everything from VRBO.”

OK, Time to wake up! The nice little website VRBO which has been diligently sending property owner’s renters is now GONE for GOOD and it is not coming back.

Fact: The reason Expedia paid $3.9 billion for HomeAway is because it was under monetized. This means that HomeAway was only charging 3-4% of each rental where Airbnb was taking 10-13% and Booking.com was taking over 15%. Marketing fees are going up and they are not going up by a little, they are going up by a lot.

There are a lot of issues with the new Expedia / HomeAway / VRBO monopoly that will be hurting the individual landlord but we will talk more about those later.

Today we need to talk about marketing your furnished rental property so you are in control of your financial success.

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Oklahoma City – City Spotlight

The largest city in Oklahoma, Oklahoma City is an incredible place to live or visit. While New York City is known as “The Big Apple”, and New Orleans has been dubbed “The Big Easy”, City’s residents feel like it should be nicknamed “The Big Friendly”. If you want walking directions anywhere in downtown City, people won’t tell you how to get they’re – they’ll take you there, themselves!

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Between its residents’ friendly demeanors and its thriving commercial and industrial sectors, more and more people are visiting this city for work and play, and the city is seeing an influx of people relocating here for work, as well. And CHBO is proud to offer numerous luxury Oklahoma City temporary housing options.

Oklahoma City, OK – Need to Know Info

The population in this city is just over 610,000 – large enough for a lot of great job opportunities and tourism but small enough to feel like a friendly town when you live here. The climate is fairly humid and mild here, with temperatures ranging from a daily average of 39 degrees Fahrenheit in January to 83 degrees in July.

Along with its attractive climate, Oklahoma City is known for having a wide variety of beautiful neighborhoods to choose from. Each neighborhood has its own community, culture, and style, so there’s something for everyone in this growing city. And, with all that going for it, and has been dubbed a recession-proof city by Forbes.

Things to See and Do in Oklahoma City, OK

Bricktown is one of the most attractive parts of Oklahoma City to both tourists and residents. Not only will you find great shopping and dining experiences, but you can also take a boat ride down the canal for a relaxing day in the city.

If you tend to get a little blue in the winter, take a trip to the Crystal Bridge Tropical Conservatory, where you can warm up and see some of the most beautiful tropical flora on earth. And then there’s the Myriad Botanical Gardens, which boast 17 acres of green space right in downtown in city.

From arts and culture to outdoor fun and family entertainment, Oklahoma City, OK has it all. Whether you’re visiting for a long vacation or you’re considering relocating to this amazing city, you’ll want to check out these and other attractions while you’re staying in Oklahoma City temporary housing.

Beautiful Oklahoma City Furnished Housing

If you want to stay downtown in the middle of it all, consider this gorgeous two-bedroom, fully furnished apartment. Here, you’ll enjoy luxurious amenities and a quiet, restful place to sleep that’s just walking distance from all the nightlife and attractions you’ll want to visit in Oklahoma City. This beautifully decorated apartment also includes access to a high quality fitness center, a gaming and billiards room, a relaxing courtyard with a beautiful water feature, and much more.

Whether you’re visiting or relocating to Oklahoma City, consider one of the many Oklahoma City temporary housing options available to you through CHBO. You’ll enjoy all the luxuries you could ask for during your stay in this fine city.

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St. Louis City Spotlight

St. Louis, Missouri is one of the fastest growing cities in the United States today, and it has a lot more going for it than the Gateway Arch, which is still an impressive structure today, over fifty years since it was officially unveiled. Today it’s one of America’s trendiest cities, and as its popularity grows it won’t be surprising if it rivals the likes of New York and Los Angeles in the next few years.

St. louis housing

Need to Know Info

The second largest city in Missouri, St. Louis is located on the banks of the Mississippi River. For decades, manufacturing has been a huge part of St. Louis’ identity. Major industries here include automotive, air and spacecraft technology, steelmaking, beer, metal fabrication, food processing, chemicals, and storage and distribution. Thus, you can see that it’s not just a manufacturing city but a diverse metropolis with a wide variety of industries, all thriving in one incredible city.

Things to Enjoy in St. Louis

Want to get an amazing view of one of the United States’ trendiest cities? The Gateway Arch isn’t just an impressive structure – you can actually ride to the top of it and check out a bird’s-eye view of the whole city from way up in the sky. This is a great nighttime adventure with the kids, or it can be a part of a romantic date with your spouse.

If you’re a baseball or hockey fan, you’ll love your visit to St. Louis, as you’ll get a chance to see the eleven-time world champion St. Louis Cardinals square off against other MLB teams at Busch Stadium. Then, in the winter, you can catch the St. Louis Blues at Scottrade Center.

St. lousing housing rentals

If you love getting outside, you’ll have a blast exploring Citygarden, where you can enjoy a lot of green space and some of the city’s most interesting art installations, all for free as you explore the park. If you’re exploring the city with your family, be sure to check out Six Flags St. Louis and the St. Louis Zoo. And if you’re headed out for a date with your spouse or a cocktail with your coworkers, you won’t be disappointed with St. Louis’ lively nightlife.

Great Corporate Housing in St. Louis

Looking for a spacious house where you can relax and get some quiet shut-eye after a long day of work or exploring St. Louis? This two-bedroom house could be the perfect corporate housing solution for your next trip. This property is located on a quiet, tree-lined street, where you can rest and relax in peace after a long day of work or exploring St. Louis. Its large, two-and-a-half-car garage allows you to park multiple vehicles off the street in a covered and secured building, and the automatic door makes entering and leaving incredibly convenient.

This mid-century modern home has nine-foot ceilings, wood floors, and designer area rugs, as well as a gorgeous covered back patio area. It includes a comfortable home office, as well as a combination family room and dining room with knotty pine walls that add warmth and comfort to the style of the home. Among other amenities, you’ll also find in-unit washer and dryer in the basement with a built-in ironing board and iron, as well as hand-wash drying racks for your convenience.

This is just one of the many incredible corporate housing properties in St. Louis from CHBO. Check out St. Louis furnished housing options today.

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5 Simple Ways to Immediately Improve Your Occupancy and Nightly Rates

If you’re new to the corporate housing world and/or you aren’t getting as many renters as you would like for your furnished rental properties, you might need some help with your listings. With these five simple but proven tips, you could see a major improvement in your occupancy and your nightly rates.for rent

1. Ever Thought of Doing SEO of Your Property?

You’ve no doubt spent a lot of time and effort making your listings look beautiful with professional photos that perfectly show your property, but have you made sure that you’re searchable? A lot of potential renters in the market for corporate relocation housing find properties through Google searches, so if you don’t have the right keyword density, back links to your listing from your social media platforms, and other SEO details down, then your renters won’t be able to find you to rent your furnished apartments.

2. Are You Advertising All of Your Amenities?

Do you have free cable TV, parking, an in-unit washer and dryer, and other convenient and attractive features? Not all properties have these amenities, and corporate relocation renters are going to notice them… If you advertise them. Make sure that you list all of your property’s features, amenities, and luxuries, even if you think they should be standard (like Wi-Fi). You might be surprised how much this can do for you.

3. Charge for Your Cleaning Services

Don’t forget to account for cleaning services when you create your nightly or monthly rate. Whether you do your own cleanup work after people rent your furnished apartments or you hire a service to do it for you, you can lose money by letting this time, effort, and cost cut into your profit margins.

4. Create Listings that Appeal to Corporations

Corporations bring in longer-term corporate relocation renters who are more respectful of properties, and they tend to bring in consistent business. If your listing appeals to corporations, you could be looking at a lot more renters in very little time.

What do corporations look for? They want free Wi-Fi, hotel-like services like room cleaning, coffee and tea services, and luxury amenities. It doesn’t take much to spruce up your listing to make it a corporation magnet, and it can do a lot for your occupancy rates.

5. Do You Have Great Renter Reviews?

Honestly, a good review is worth a thousand great words in your listing. People who are looking for places to stay during their corporate relocation are looking for good neighborhoods and pleasant, smooth experiences. When they hear that others recommend that they rent furnished apartments from you, they’ll listen. Make sure that you’ve done everything to make your guests’ stays as comfortable and enjoyable as possible and always encourage them to leave you reviews.

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With these five simple steps, you could be looking at much higher occupancy rates, and you should be able to get a higher nightly rate, as well. When more corporate relocation tenants rent your furnished apartments, you’ll see less vacancy and more income.

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3 Ways Landlords Can Make Renters Feel at Home in Corporate Housing

For many renters, moving across the country or around the world for a new job is an intimidating life change. Corporate housing is undoubtedly a huge help during this transitional period, allowing people to focus on settling into their new environments. With that said, landlords can significantly impact how at home tenants feel in their temporary homes, making them more likely to stay on as long-term residents. Consider these small additions to a corporate housing apartment that will guarantee a more welcoming, comforting home for new tenants.

Homey Furnishings

Most renters will agree the convenience of having a furnished rental to move into is immense during a major move. (It sure beats having to inflate an air mattress or use boxes as make-shift tables.) While corporate housing landlords will provide larger furniture items in their units, they may overlook small (often inexpensive) items that can truly transform a rental into a home. Diana Kovacs, a travel nurse who has lived in several corporate housing rentals in the last few years emphasizes that day-to-day items can make all the difference.

“I’ve lived in corporate housing that included everything — linens, dishes, even a laundry basket!”

Some additional items to consider providing for your tenants include:

  • Teapot or French press
  • Throw blanket for the sofa
  • Easy-to-maintain houseplants
  • Empty photo frames
  • Fridge magnets
  • Hangers, closet organizers

Wellness experts also highly recommend items like blackout curtains and white noise machines for renters who may be sensitive to light and city noise. Help them sleep better, and they’ll no doubt feel more at home!

Housemates

Though it’s usually rare for corporate housing renters to share space, it’s an option landlords can consider proposing. Not everyone will have a preference for it, but for those new to a city, shared housing is an excellent way to expand their networks.

“Living alone was great when I moved to San Francisco from New York City, but I wouldn’t have minded sharing my temporary apartment with someone else who was in the same boat,” says strategic planning manager Tushar Karkhanis.

tanents feel

The key here is to gauge interest from your tenants and then use a service that emphasizes helping renters find housemates whose lifestyle habits and personality traits match or complement theirs.

For willing tenants, landlords can feel great knowing they’re playing a role in helping tenants adjust to their new environments as well as be smart about their supply. Shared housing provides landlords another way to capitalize on their investments by renting to more tenants.

Personal Touches

Lastly, the key difference in a regular corporate housing rental and a home is the personal touch. All the amenities in the world are great, but a welcoming gesture is the icing on the cake. Often, it’s the only thing missing from an otherwise excellent rental. Without anything to set it apart from traditional lodgings, landlords miss the opportunity to leave a lasting impression with a potential future customer.

“Some of the perks included parking, furnishings, in-unit laundry, and close access to public transportation and the freeway, but the apartment felt a bit-hotel like,” says San Francisco-based marketer Thomas Keyack of his corporate housing rental.

An easy solution can include a handwritten note with a welcome basket filled with small household essentials, like the ones mentioned above. The extra cost is inconsequential compared to the value. It is also gestures like these that encourage renters to provide feedback to their company’s relocation managers, which in turn will drive more business for landlords.

Remember, it doesn’t take a lot to make someone feel at home, but the impression you leave will have long-lasting benefits for both you and your renters!

By: Alex Larsen, COO at Roomi

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Rental Documents for Corporate Housing… See which ones you’re missing?

After 10 years of blogging the number one blog post of all time is the rental lease used for corporate housing. So we always know this is a popular topic on our CHBO Annual Report.

Corporate Housing: Rental Documents

Having profitable real estate has a lot to do with:

  • Setting and meeting expectations with your renters and
  • Having the written documentation you need to confirm and support these transactions and expectationsCorporate Housing

Real estate laws and regulations are always changing. They’re regulated and established on a state-by-state basis, and the rules apply differently if you’re an individual managing your own property versus a real estate agent representing someone else. In addition, laws are very different for vacation rentals that are offered for leases of less than 30 days versus corporate housing property rentals of 30 days or more.

Tip! CHBO continues to develop useful documents to help you with your rental property. Continue reading

How should I price my corporate housing rental property?

“How should I price my corporate housing rental property?”
“When should I negotiate, and when should I hold firm on my rates?”

What are the most asked questions at CHBO? You got it, “What are the current Corporate Housing Rental Rates.” Because these are the top questions we’re asked at CHBO, we’ve divided this topic into three sections in our CHBO Annual Report: Variance, Actual and Discounts.

Variance: Changes in Rental Rates


We asked respondents to evaluate their current rental rates compared to the previous year for the exact same rental property.  Rental rates

The great news is that 39% of respondents – an all-time high – report having higher or much higher rates in 2015. This number has been rising since 2013, and it’s significantly above the 22% reported in 2011.

Another positive sign… We saw a 3% decrease in the number of respondents who say their rental rates were identical to the previous year.

In 2015, only 4% say that had “lower” or “much lower” rates than the previous year. (This is consistent with 2014.) Collectively, this is a big contrast to the 2011 Corporate Housing Report in which 16% said they had “lower” or “much lower” rates than the previous year.

Actual: Rental Rates


Additional rental rate data was collected for month-to-month rentals based on the number Continue reading