Corporate housing survey

Learn about Marketing Trends in Accordance to CHBO Property Owners

The key to the highest ROI for your property is high occupancy. This can be accomplished with quick turnover or with longer term leases. To insure quick turnover between renters, you have to secure the next reservation in advance. Having self descriptive photos, video, and corporate property description that leaves no question unanswered is the most effective way to secure that next reservation. Internet Reservations Online bookings have become more popular​as these systems allow property owners a 24-hour window to confirm reservations, communicate with potential renters and get additional paperwork signed. Property Apps for Mobile Devices Contact Us For all inquires,...

Oakville furnished homes

Property Spotlight: Two Beautiful Furnished Homes in Oakville, Ontario

Oakville, ON is located in the southern part of the province between Hamilton and Toronto. This city has a population of nearly 200,000 and offers cultural attractions, sports, events, and much more. Several festivals are held throughout the year including the Waterfront Festival, Canadian Open, Downtown Oakville Jazz Festival, and For the Love of the Arts Festival. The city also offers the Oakville Place Shopping Centre which is a large shopping mall that has been around since the 80s....

CHBO Survey

Learn about Pet Trends and Fee Experiences in Accordance to CHBO Property Owners

To protect your rental, if considering pets, here are some tips Know replacement costs (Including loss of rent for downtime to repair, delivery and set up fees) cost to replace furniture pieces/replace/repair flooring cost of complete pet hair extraction and incorporate necessary costs into pet fees/deposits. A point to note here, that isn’t listed below as it was in the comment portion of the survey, is that a lot of owners evaluate pets on a case by case scenario. ​The trend we found the most interesting is the percentage of properties that had “significant” damage due to a pet...

Motion-Activated Security vs. Continuous Recording:

Motion-Activated Security vs. Continuous Recording: Factors to Consider

A study performed by the University of North Carolina at Charlotte’s Criminal Justice Department shows that a corporate housing security system works as a burglary deterrent 60 percent of the time. Home security systems provide two lines of defense: the first can dissuade criminals from attempting a burglary in the first place. The second helps identify anyone that decides to commit a crime. For that, you need high-quality video footage....

Corporate housing Survey

Learn about Security Deposit Experiences in Accordance to CHBO Property Owners

CHBO always recommend owners opt for the ARDP. This option is a win/win for the owner and the renter. Renters don’t have to tie up large amounts of money and owners don’t have to nickel and dime their tenants or worse come out of pocket for accidental damages during the lease term. Owners just submit a claim with repair/replace receipts and through the ARDP the owner is reimbursed, the best part is they don’t have to involve the tenant. Deposits can be deal killers as most property owners know. What happens when there is damage? If you charge the...

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Top Locations for Work and Play for Young Professionals

One of the most mobile workforces in the United States is made up of Gen Xer’s, who were born between 1960 and 1981. These professionals are looking for advancement opportunities in their careers and tend to be open to going the distance, literally, to find them. These workers want to build their skills and network, which means they end up all over the place....

Corporate Housing Real Estate Segment: Properties

Find out what the ideal bedroom count is for offering corporate housing

Properties An essential difference between the full-service​​corporate housing industry and the independent corporate housing real estate segment is the size of property that is rented – and more specifically, the number of bedrooms. Corporate housing rentals in residential properties rented by private owners are generally ​larger, ​in both overall size and bedroom count, than the typical, business-to-business lodging options provided by full-service corporate housing companies....

Corporate Housing

Red Flags to Watch for When Screening a Corporate Housing Tenant

Anyone who has been in the property management field for a long period of time can tell you that you begin to notice red flags immediately after enough experience. Someone calls in about one of your corporate rentals and you might get a feeling that something isn’t quite what it should be. However, most of the common red flags are easy to watch for even for those without tons of experience. We’d like to share them with you today....